NEWGROUND SOCIAL INVESTMENT

RIASEC RegisteredEst. 2022

Total AUM

$161M

Discretionary

$161M

100% of AUM

Avg account

$430K

Accounts

375

Employees

Advisory reps

Firm details

Headquarters: SEATTLE, Washington
CRD number: 117060
Registered since: March 25, 2022
Website: newground.net
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals53.18%
HNWI42.06%
Charitable Organizations2.38%
Corporations / Businesses1.59%
Pension & Profit Sharing Plans0.79%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Newground Social Investment is an independent registered investment adviser that positions itself as a capital allocator for individual and family clients. The firm combines financial planning and discretionary portfolio management across individual, small business and institutional relationships, and it also acts as a manager-of-managers through selection of other advisers. Newground is an active ESG investor; environmental, social and governance criteria are integrated into manager selection and portfolio construction, and the firm’s name and stated focus point to an emphasis on social-impact orientation in its investing. Investment posture is biased toward equities and public funds, with a significant allocation to mutual funds and other pooled public vehicles. Fee arrangements include percentage-of-assets, hourly and fixed-fee engagements, giving flexibility to fit both wealth-management and planning-only relationships. The firm is SEC-registered (since 2022) and operates under an individual-owner structure rather than being part of a larger RIA network.