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 independent registered investment adviser organized as an LLC and SEC-registered since 2014. The firm serves both individual/family and institutional clients, offering financial planning, portfolio management for individuals and businesses, pension consulting, selection of other advisers, and educational workshops. Its fee schedules include asset-based fees, hourly billing, and fixed fees. Newedge describes itself as an active ESG investor and maintains relationships with broker-dealers, other advisers, trust companies, and insurance firms. The firm has been recognized in industry lists, appearing in Financial Times’ Top 300 RIAs (2020), Forbes’ Top RIA Firms (2022 and 2023), and Barron’s Top 100 RIA Firms (2023 and 2024).