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

600

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 operating since 2014. The firm serves both individual and family clients as well as institutional accounts, offering fee models that include a percentage of assets under management, hourly billing, and fixed fees. Core services listed on its ADV include financial planning, portfolio management for individuals and businesses, pension consulting and selection of other advisers, plus educational seminars. Newedge also identifies itself as an active ESG investor and maintains affiliations across the financial services ecosystem (broker-dealer, other investment advisers, trust company and insurance company). Public recognitions appearing in the firm’s profile include placement on several RIA lists: Financial Times’ Top 300 RIAs (2020), Forbes’ Top RIA Firms (2022), Barron’s Top 100 RIA Firms (2023 and 2024) and Forbes’ America’s Top RIA Firms (2023).