Newedge Advisors

RIASEC Registered

Total AUM

$43.2B

Discretionary

$41.8B

97% of AUM

Avg account

$420K

Accounts

103,000

Employees

1,073

Advisory reps

612

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 that registered with the SEC in 2014. The firm serves both individual/family and institutional clients and offers a mix of financial planning, portfolio management for individuals and businesses, pension consulting, manager selection, and educational workshops. Its fee arrangements include percentage-of-AUM billing plus hourly and fixed-fee options. Newedge identifies as an active ESG investor and maintains affiliations across the financial services ecosystem, including broker-dealers, other investment advisers, trust companies, and insurance companies. Newedge is owned by a combination of a domestic entity and an individual and positions itself to provide discretionary portfolio management alongside non‑discretionary advisory services and project-based planning.