A modular femoral prosthesis system (10) for an orthopaedic hip implant and method of use is disclosed. The prosthesis system includes a femoral stem component (16) and a plurality of collar components (14) configured to be selectively coupled to the stem component in a fixed position adjacent to a neck (26) of the stem component. Each of the collar components includes a base (56) and is configured to secure an assembled femoral prosthesis to a patient's surgically prepared femur to provide stability for the assembled femoral prosthesis.