Newedge Wealth, Llc
SEC-registered
Wealth Manager · Large ($10B–$100B)
CRD 307771
· SEC file 801-118291
· Stamford, CT
· www.linkedin.com
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ADV data as of Apr 23, 2026
- Regulatory AUM
- $19.9B
- Discretionary
- $18.2B
- Clients
- 3,692
- Avg AUM / client
- $5.4M
- Accounts
- 19,593
- Employees
- 211
AUM over time
$1.8B
$19.9B
Dec 2020
Dec 2025
Annual snapshots from Form ADV filings · as of Apr 23, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 2,064 | $1.2B | 6.02% |
| High net worth individuals | 1,557 | $17.6B | 88.5% |
| Pension and profit sharing plans | 10 | $171M | 0.86% |
| Charitable organizations | 23 | $368M | 1.85% |
| Insurance companies | Fewer than 5 clients | $1.8M | 0.01% |
| Corporations and other businesses | 38 | $544M | 2.73% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Phoebe Devitt Homes 401(k) Retirement Savings Plan Phoebe Devitt Homes | 2024 |
People (135)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Banco, Joseph, Franklin | Cfo And Treasurer | Feb 2020 (7y) | Less than 5% | |
| Kyle Peter Smith | Executive Vice President | Feb 2020 (7y) | Less than 5% | |
| Schnier, David, Jason | General Counsel And Secretary | Feb 2020 (7y) | Less than 5% | |
| Straus, John, A | President | Feb 2020 (7y) | Less than 5% | |
| Robert John Sechan | Chief Executive Officer | Dec 2020 (6y) | Less than 5% | |
| Richard Lewis Hollmann | Executive Vice President | Sep 2021 (5y) | Less than 5% | |
| Davis, Nicole, Ann Early | Chief Compliance Officer | Feb 2024 (3y) | Less than 5% | |
| David John Down | Registered representative | Oct 2020 (6y) | ||
| Jeffrey Mark Kobernick | Registered representative | Dec 2020 (6y) | ||
| John Alexander Straus | Registered representative | CFP | Dec 2020 (6y) | |
| Walter Granruth | Registered representative | Dec 2020 (6y) | ||
| Benjamin Andrew Lope | Registered representative | Dec 2020 (6y) | ||
| Francisco Ricardo Perez | Registered representative | Dec 2020 (6y) | ||
| Kevin Ryan Miller | Registered representative | Dec 2020 (6y) | ||
| Ryan Cholnoky | Registered representative | Dec 2020 (6y) | ||
| Jay Peters | Registered representative | Dec 2020 (6y) | ||
| Danielle Hawes Brown | Registered representative | Dec 2020 (6y) | ||
| Glen Ryan Mintz | Registered representative | May 2021 (5y) | ||
| Jeffrey S Cherkas | Registered representative | May 2021 (5y) | ||
| Laureen M Brandin | Registered representative | Jun 2021 (5y) | ||
| Jonathan David Heines | Registered representative | Jun 2021 (5y) | ||
| Susan E. Kim | Registered representative | Jul 2021 (5y) | ||
| Frank B Barry Ackerman | Registered representative | Aug 2021 (5y) | ||
| Patrick James Dwyer | Registered representative | Oct 2021 (5y) | ||
| Karen Lynn Glassman | Registered representative | Nov 2021 (5y) | ||
| Claudio Ravinet | Registered representative | Jan 2022 (5y) | ||
| Ghislain Gouraige | Registered representative | Jan 2022 (5y) | ||
| Jared Michaud Kaplan | Registered representative | Jan 2022 (5y) | ||
| Michael Scott Weinberg | Registered representative | Jan 2022 (5y) | ||
| Michaelangelo Dooley | Registered representative | CFP | Jan 2022 (5y) | |
| Robert James Lee | Registered representative | Jan 2022 (5y) | ||
| Michael Scott Fomuke | Registered representative | Jan 2022 (5y) | ||
| Alis Lynn Ramirez | Registered representative | Feb 2022 (4y) | ||
| Ana Karina Gonzalez Davila | Registered representative | Feb 2022 (4y) | ||
| Jamie Paula Wolff | Registered representative | Apr 2022 (4y) | ||
| Louis Michael Bell | Registered representative | Apr 2022 (4y) | ||
| Marc Shane Levitt | Registered representative | Apr 2022 (4y) | ||
| Ariel Leigh Harary | Registered representative | May 2022 (4y) | ||
| Paula Gruber | Registered representative | May 2022 (4y) | ||
| Cameron Laurel Dawson | Registered representative | CFA | May 2022 (4y) | |
| Jason M Catlender | Registered representative | Jul 2022 (4y) | ||
| James Fred Berquist | Registered representative | Aug 2022 (4y) | ||
| James Paul Reese | Registered representative | Aug 2022 (4y) | ||
| Michael Thomas Bigley | Registered representative | Aug 2022 (4y) | ||
| Richard Lee Hurt | Registered representative | Aug 2022 (4y) | ||
| Justin Thomas Reese | Registered representative | CFP | Sep 2022 (4y) | |
| Muzaffar Mashkoor Ahmed | Registered representative | Sep 2022 (4y) | ||
| Chloe Wynne Reed | Registered representative | Jan 2023 (4y) | ||
| Andrew William Knight | Registered representative | Feb 2023 (3y) | ||
| Noah Stein | Registered representative | Mar 2023 (3y) | ||
| Aaron Louis Zises | Registered representative | Apr 2023 (3y) | ||
| Joshua Peter Gully | Registered representative | Apr 2023 (3y) | ||
| Richard Maroon Ina | Registered representative | Jun 2023 (3y) | ||
| Michelle Ann Debusschere | Registered representative | Jun 2023 (3y) | ||
| John Dominick Froley | Registered representative | CFP | Jun 2023 (3y) | |
| Gregory Daniel Pool | Registered representative | CFA | Jul 2023 (3y) | |
| Elizabeth G Laetsch | Registered representative | Jul 2023 (3y) | ||
| Dale Douglas Schroeder | Registered representative | Sep 2023 (3y) | ||
| Michael Jeffrey Kramer | Registered representative | Oct 2023 (3y) | ||
| Hunter Blake Gehring | Registered representative | Nov 2023 (3y) | ||
| John Paul Naudo | Registered representative | Nov 2023 (3y) | ||
| Andrew Morris Draft | Registered representative | Nov 2023 (3y) | ||
| Jason Gregory Fay | Registered representative | Nov 2023 (3y) | ||
| Jordan Sechan | Registered representative | Nov 2023 (3y) | ||
| Anneke Niemira | Registered representative | Nov 2023 (3y) | ||
| Alyssa Ann Kaiser | Registered representative | Jan 2024 (3y) | ||
| Andres Chavarriaga | Registered representative | Jan 2024 (3y) | ||
| Khush Patel | Registered representative | Jan 2024 (3y) | ||
| Travis Aldridge | Registered representative | CFA | Jan 2024 (3y) | |
| Eduardo Xavier Vega | Registered representative | Jan 2024 (3y) | ||
| Andrew Noble | Registered representative | Feb 2024 (2y) | ||
| Mary Clare Breyel | Registered representative | Feb 2024 (2y) | ||
| Roland Pritchett | Registered representative | Feb 2024 (2y) | ||
| Alan Chidsey | Registered representative | Apr 2024 (2y) | ||
| Austin Capasso | Registered representative | Aug 2024 (2y) | ||
| Matthew Liam Mongon | Registered representative | CFP | Aug 2024 (2y) | |
| Monica Marie Dougherty | Registered representative | Aug 2024 (2y) | ||
| Nathan Robert Emrick | Registered representative | Aug 2024 (2y) | ||
| Paul Douglas Emrick | Registered representative | Aug 2024 (2y) | ||
| Blaine Michael Minton | Registered representative | Aug 2024 (2y) | ||
| Diane Mcclung | Registered representative | Aug 2024 (2y) | ||
| Kirsten Anne Tuzzo | Registered representative | Aug 2024 (2y) | ||
| Maria Natalia Maloney | Registered representative | Aug 2024 (2y) | ||
| Scott Ross Graver | Registered representative | CFP | Oct 2024 (2y) | |
| Christopher Bradley Ayer | Registered representative | Nov 2024 (2y) | ||
| Sebin Skaria | Registered representative | Jan 2025 (2y) | ||
| James Thomas Patrick | Registered representative | Jan 2025 (2y) | ||
| William Jones Debutts | Registered representative | Jan 2025 (2y) | ||
| Matthew Robert Vinsko | Registered representative | Jan 2025 (2y) | ||
| Tate Heritage Wingate | Registered representative | Apr 2025 (1y) | ||
| Brendan Hugh Keelan | Registered representative | CFA | Apr 2025 (1y) | |
| Paul Roberts Poinsett Izlar | Registered representative | Apr 2025 (1y) | ||
| Nathan Freshwater | Registered representative | CFP | Apr 2025 (1y) | |
| William Douglas Phillips | Registered representative | Apr 2025 (1y) | ||
| Jesse David Christensen | Registered representative | May 2025 (1y) | ||
| Brian James Murphy | Registered representative | Jul 2025 (1y) | ||
| William Patrick Mcglothin | Registered representative | Jul 2025 (1y) | ||
| Patrick Dillon | Registered representative | Jul 2025 (1y) | ||
| David Joseph Chase | Registered representative | Aug 2025 (1y) | ||
| Mia Lynn Costarella | Registered representative | Aug 2025 (1y) | ||
| Natalie R Dymkowski | Registered representative | Aug 2025 (1y) | ||
| Robert E Balfour | Registered representative | Aug 2025 (1y) | ||
| Erica Jan Weiser | Registered representative | Sep 2025 (1y) | ||
| Heather Anne Doherty Guardado | Registered representative | Oct 2025 (1y) | ||
| Gilles Gouraige | Registered representative | Oct 2025 (1y) | ||
| Eric J Chan | Registered representative | Oct 2025 (1y) | ||
| Alexander Shapses | Registered representative | CFP | Nov 2025 (1y) | |
| Justin Castenskiold Waterman | Registered representative | Nov 2025 (1y) | ||
| Sarah N Silverio | Registered representative | CFA | Nov 2025 (1y) | |
| Adam Michael Betancourt | Registered representative | CFA | Nov 2025 (1y) | |
| Dominick J Trapasso | Registered representative | Dec 2025 (1y) | ||
| Damien Thomas Depeter | Registered representative | Jan 2026 (1y) | ||
| Kristen Lee Nunes | Registered representative | Jan 2026 (1y) | ||
| Michael Joseph Mccarthy | Registered representative | Jan 2026 (1y) | ||
| Colton Neighbors | Registered representative | Jan 2026 (1y) | ||
| Travis John Lazaroff | Registered representative | Feb 2026 (0y) | ||
| Burton Everett Hilton | Registered representative | CFP | Feb 2026 (0y) | |
| Dana M Sypniewski | Registered representative | Feb 2026 (0y) | ||
| Thomas Boyd Ames | Registered representative | Feb 2026 (0y) | ||
| Andrew Lewis Kaskel | Registered representative | Feb 2026 (0y) | ||
| Donald Chandler Marcontell | Registered representative | Feb 2026 (0y) | ||
| Kennon Moore | Registered representative | Mar 2026 (0y) | ||
| Jorge Ivan Carbajal | Registered representative | Apr 2026 (0y) | ||
| Kylie Randle Presley | Registered representative | Apr 2026 (0y) | ||
| Edward A Ruiz | Registered representative | May 2026 (0y) | ||
| Cristina Elena Pratt | Registered representative | May 2026 (0y) | ||
| Alexander D Watts | Registered representative | May 2026 (0y) | ||
| Liam Reiner | Registered representative | Jun 2026 (0y) | ||
| Jonathan Ezra Bell | Registered representative | Jun 2026 (0y) | ||
| Erin Thomas | Registered representative | Jun 2026 (0y) | ||
| James Arthur Nichols | Registered representative | Jun 2026 (0y) | ||
| Bretaigne Elizabeth Black | Registered representative | Jun 2026 (0y) | ||
| Lance Alan White | Registered representative | Jul 2026 (0y) | ||
| Shane Moran | Registered representative | Jul 2026 (0y) | ||
| Wendy Marie Chance | Registered representative | Jul 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Newedge Capital Group, Llc | Newedge Wealth, Llc Is Wholly Owned By Newedge Capital Group, Llc | Feb 2020 | A | 75% or more |
| Edgeco Guarantor, L.P. | Partner | Oct 2020 | B | ≈ 42.19% – 100% via Newedge Wealth Holdings, L.P. |
| Edgeco Holdings, L.P. | Shareholder | Jun 2018 | B | ≈ 31.64% – 100% via Edgeco Guarantor, L.P. |
| Edgeco Investor Holdings, L.P. | Shareholder | Jun 2018 | B | ≈ 23.73% – 100% via Edgeco Holdings, L.P. |
| Newedge Wealth Holdings, L.P. | Shareholder | Feb 2020 | B | ≈ 56.25% – 100% via Newedge Capital Group, Llc |
| Parthenon Investors V, L.P. | Partner | Jun 2018 | B | ≈ 11.87% – 75% via Edgeco Investor Holdings, L.P. |
| Waterfall Eden Master Fund, Ltd. | Partner | Jun 2018 | B | ≈ 5.93% – 50% via Edgeco Investor Holdings, L.P. |
| Edgeco Wealth Management Gp, Llc | General Partner | Jul 2020 | B | GP / trustee / elected manager of Edgeco Guarantor, L.P. (indirect) |
| Pcp Aggregator Gp, Llc | General Partner | Mar 2018 | B | GP / trustee / elected manager of Edgeco Investor Holdings, L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Edgeco Guarantor, L.P.: 75% – 100% of Newedge Wealth Holdings, L.P. × 75% – 100% of Newedge Capital Group, Llc × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Edgeco Holdings, L.P.: 75% – 100% of Edgeco Guarantor, L.P. × 75% – 100% of Newedge Wealth Holdings, L.P. × 75% – 100% of Newedge Capital Group, Llc × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Edgeco Investor Holdings, L.P.: 75% – 100% of Edgeco Holdings, L.P. × 75% – 100% of Edgeco Guarantor, L.P. × 75% – 100% of Newedge Wealth Holdings, L.P. × 75% – 100% of Newedge Capital Group, Llc × 75% – 100% direct ≈ 23.73% – 100% of the firm
- Newedge Wealth Holdings, L.P.: 75% – 100% of Newedge Capital Group, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Parthenon Investors V, L.P.: 50% – 75% of Edgeco Investor Holdings, L.P. × 75% – 100% of Edgeco Holdings, L.P. × 75% – 100% of Edgeco Guarantor, L.P. × 75% – 100% of Newedge Wealth Holdings, L.P. × 75% – 100% of Newedge Capital Group, Llc × 75% – 100% direct ≈ 11.87% – 75% of the firm
- Waterfall Eden Master Fund, Ltd.: 25% – 50% of Edgeco Investor Holdings, L.P. × 75% – 100% of Edgeco Holdings, L.P. × 75% – 100% of Edgeco Guarantor, L.P. × 75% – 100% of Newedge Wealth Holdings, L.P. × 75% – 100% of Newedge Capital Group, Llc × 75% – 100% direct ≈ 5.93% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Phoebe Devitt Homes 401(k) Retirement Savings Plan | Phoebe Devitt Homes | 1,020 | $39.5M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/23/2026 | 1.51 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Commissions
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Educational seminars/workshops
Custody
Reported custodians
- National Financial Services (Fidelity) $11.4B (57% of AUM) Apr 2026
- Fidelity Brokerage Services $3.3B (17% of AUM) Apr 2026
- Charles Schwab & Co. $2.6B (13% of AUM) Apr 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 23, 2026.
View current Form ADV (SEC/IAPD) ↗