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

617

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 has been SEC-registered since 2014. The firm serves both individual and institutional clients and offers financial planning, discretionary portfolio management for individuals and businesses, pension consulting, selection of other advisers, and educational workshops. Its fee arrangements include percentage-of-AUM charges alongside hourly and fixed-fee options. Newedge maintains industry affiliations across broker‑dealer, trust company and insurance company channels and identifies as an active ESG investor in its investment process. The firm relies on external managers rather than operating as a direct capital allocator. Newedge has been recognized in several industry 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).