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

609

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 independent registered investment adviser organized as an LLC and on the SEC registry since 2014. The firm serves both individual/family and institutional clients and bills through asset-based fees as well as hourly and fixed-fee arrangements. Its advisory menu includes financial planning, portfolio management for individuals and businesses, selection of other advisers, pension consulting services and client education programming. The firm also identifies as an active ESG investor and maintains affiliations across the financial services ecosystem, including broker-dealer, trust, insurance and other adviser relationships. Newedge Advisors has been noted in industry rankings: Financial Times’ Top 300 RIAs (2020), Forbes’ Top RIA lists (2022 and 2023) and Barron’s Top 100 RIA Firms (2023 and 2024).