Newedge Advisors

RIASEC RegisteredEst. 2014

Total AUM

$43.2B

Discretionary

$41.8B

97% of AUM

Avg account

$420K

Accounts

103,000

Employees

1,073

Advisory reps

608

Firm details

Headquarters: New Orleans, Louisiana
CRD number: 171351
Registered since: June 20, 2014
Website: www.newedgeadvisors.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, LPL FINANCIAL LLC, CHARLES SCHWAB & CO., INC., RAYMOND JAMES & ASSOCIATES, INC., GOLDMAN SACHS CUSTODY SOLUTIONS, NATIONAL FINANCIAL SERVICES LLC, MID ATLANTIC CAPITAL CORPORATION
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI65.77%
Individuals26.11%
Corporations / Businesses6.9%
Pension & Profit Sharing Plans0.75%
Charitable Organizations0.46%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Newedge Advisors is an SEC-registered independent registered investment adviser organized as an LLC and operating since 2014. The firm serves both individual and family clients as well as institutional investors, offering financial planning, portfolio management for individuals, small businesses and institutions, selection of other advisers, pension consulting services and educational workshops. Fee arrangements include percentage-of-AUM billing alongside hourly and fixed-fee engagements. Newedge reports being an active ESG investor and maintains industry relationships that span broker-dealer, trust company and insurance company affiliations. The firm is not a single-manager capital allocator; instead it incorporates third-party managers and pooled vehicles into client solutions. Newedge has received industry recognition in recent years, including placements on Financial Times’ Top 300 RIAs (2020), Forbes’ Top RIA lists (2022 and America’s Top RIA Firms in 2023) and Barron’s Top 100 RIA Firms (2023 and 2024).