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

603

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 that provides financial planning and portfolio management for both individual/family clients and institutional clients. The firm, SEC-registered since 2014, offers advisory services that range from discretionary portfolio management to selection of other advisers, pension consulting, and educational workshops. Its billing mixes asset-based fees with hourly and fixed-fee arrangements. Newedge identifies as an active ESG investor and maintains affiliations across the financial services ecosystem, including broker-dealer, trust company, insurance company, and other investment-adviser relationships. Newedge has been recognized in industry rankings, appearing on lists from Financial Times, Forbes, and Barron’s between 2020 and 2024.