NEW EDGE WEALTH
Latest filing: Mar 31, 2025 (74 days ago)
AUM
$12,064,984,416
40% change vs. 1 year ago
177% change vs. 3 years ago
0% change vs. 5 years ago
0% change vs. 10 years ago
Employee Count
152
32% change vs. 1 year ago
262% change vs. 3 years ago
10000% change vs. 5 years ago
0% change vs. 10 years ago
Main Office
STAMFORD, CT
2200 ATLANTIC STREET, STAMFORD, CT, UNITED STATES, 06902
Client AUM
| Discretion | AUM |
|---|---|
| Discretionary | $11.7 |
| Non-Discretionary | $0.4 |
| Total | $12.1 |
| Client | AUM |
|---|---|
| Retail | $11.4 |
| Pooled | $0.0 |
| Institutional | $0.6 |
| Total | $12.1 |
| Retail | Accounts | AUM |
|---|---|---|
| Individual | 1,599 | $0.9 |
| Average Individual AUM | $578,397 | |
| HNW | 1,156 | $10.5 |
| Average HNW AUM | $9,080,453 | |
| Retail Total | 2,755 | $11.4 |
| Average Retail AUM | $4,145,866 |
ADVDB.CO • AUM IN BILLIONS, AVERAGES IN DOLLARS • SOURCE: SEC FORM ADV
SMA Custodians
| Custodian | Location | AUM |
|---|---|---|
| NATIONAL FINANCIAL SERVICES LLC | BOSTON-MA-USA | $7.2 |
| FIDELITY BROKERAGE SERVICES LLC | SMITHFIELD-RI-USA | $1.2 |
ADVDB.CO • SMA AUM IN BILLIONS • SMA INCLUDES RETAIL AND INSTITUTIONAL • SOURCE: SEC FORM ADV
Separately Managed Assets
| Breakdown | AUM |
|---|---|
| Total SMA AUM | $12.1 |
| Retail SMA AUM | $11.4 |
| Institutional SMA AUM | $0.6 |
| Asset Class | % | AUM |
|---|---|---|
| Equity Exch | 51% | $6.2 |
| Equity Non-Exch | 1% | $0.1 |
| Govt Agency | 4% | $0.5 |
| Municipal | 12% | $1.4 |
| Sovereign | 0% | $0.0 |
| IG Credit | 7% | $0.8 |
| HY Credit | 1% | $0.1 |
| Derivatives | 0% | $0.0 |
| Investment Companies | 19% | $2.3 |
| Other Pools | 3% | $0.4 |
| Cash | 5% | $0.6 |
| Other | 0% | $0.0 |
| Total | 103% | $12.4 |
ADVDB.CO • AUM IN BILLIONS • POSSIBLE ROUNDING ERRORS, BUT SOME ADVISERS REPORT SUMS ≠ 100% • SOURCE: SEC FORM ADV
Affiliates
| Affiliates | AUM | Business Types | CRD Number |
|---|---|---|---|
| NEWEDGE ADVISORS, LLC | $27.4 | 171351 | |
| NEWEDGE SECURITIES, INC. | $0.0 | broker-dealer | 10674 |
| MID ATLANTIC CLEARING & SETTLEMENT CORPORATION | $0.0 | broker-dealer | 37466 |
| MID ATLANTIC TRUST COMPANY | $0.0 | trust company | - |
| LPA INSURANCE AGENCY, INC | $0.0 | - |
ADVDB.CO • AUM IN BILLIONS • SOURCE: SEC FORM ADV
Control Persons
18 active
| Name | Title |
|---|---|
| STRAUS, JOHN, A | PRESIDENT |
| SCHNIER, DAVID, JASON | GENERAL COUNSEL AND SECRETARY |
| SMITH, KYLE, PETER | EXECUTIVE VICE PRESIDENT |
| BANCO, JOSEPH, FRANKLIN | CFO AND TREASURER |
| HOLLMANN, RICHARD, LEWIS | EXECUTIVE VICE PRESIDENT |
| SECHAN, ROBERT, JOHN | CHIEF EXECUTIVE OFFICER |
| DAVIS, NICOLE, ANN EARLY | CHIEF COMPLIANCE OFFICER |
ADVDB.CO • SOURCE: SEC
Representatives
80 active representatives found, showing 20 random
| Name | City | State | Exams | Designations | |||||
|---|---|---|---|---|---|---|---|---|---|
| PAIGE MUIRHEAD | STAMFORD | CT | S66|2018-06-27 | ||||||
| FRANK B ACKERMAN | STAMFORD | CT | S63|1983-05-24 | ||||||
| JEFFREY KOBERNICK | STAMFORD | CT | S63|1993-11-01|S65|1993-11-09 | ||||||
| CONNOR KIRDZIK | STAMFORD | CT | S65|2023-03-07 | ||||||
| JUSTIN REESE | STAMFORD | CT | S66|2006-04-28 | CERTIFIED FINANCIAL PLANNER | |||||
| DALE SCHROEDER | STAMFORD | CT | S65|2002-08-28|S66|2006-12-29 | ||||||
| ANDREW NOBLE | STAMFORD | CT | S66|2019-09-16 | ||||||
| JEFFREY CHERKAS | STAMFORD | CT | S63|2000-11-28|S65|2014-08-21 | ||||||
| ANA GONZALEZ DAVILA | STAMFORD | CT | S66|2019-12-10 | ||||||
| KAREN GLASSMAN | STAMFORD | CT | S63|1983-06-06|S65|2021-11-23 | ||||||
| SPENCER EPPS | STAMFORD | CT | S66|2022-12-13 | ||||||
| AARON ZISES | STAMFORD | CT | S63|2006-10-30|S66|2013-08-15 | ||||||
| JASON CATLENDER | STAMFORD | CT | S63|2008-05-08|S65|2010-12-17 | ||||||
| MARC LEVITT | STAMFORD | CT | S63|1993-11-05|S65|1993-11-19 | ||||||
| JEANNE BASSO | STAMFORD | CT | S63|1999-01-08 | ||||||
| DANIELLE BROWN | STAMFORD | CT | S63|1999-09-23|S66|2008-04-02 | ||||||
| ANDRES CHAVARRIAGA | STAMFORD | CT | S66|2022-11-07 | ||||||
| ROBERT SECHAN | STAMFORD | CT | S63|1996-10-02|S65|1996-10-25 | ||||||
| ROBERT LEE | STAMFORD | CT | S66|2006-12-20 | ||||||
| MUZAFFAR AHMED | STAMFORD | CT | S63|1991-01-29|S65|1998-02-25 | ||||||
ADVDB.CO • SOURCE: SEC
History
| Date | AUM | AUM ∆ | AUM % ∆ | Empl | Empl ∆ | Empl % ∆ |
|---|---|---|---|---|---|---|
| 2025-05-02 | $12.1 | $0.0 | 0% | 152 | 0 | 0% |
| 2025-04-21 | $12.1 | $0.0 | 0% | 152 | 0 | 0% |
| 2024-04-02 | $8.6 | $3.5 | 40% | 115 | 37 | 32% |
| 2023-04-04 | $5.7 | $6.3 | 110% | 80 | 72 | 90% |
| 2022-04-01 | $4.4 | $7.7 | 177% | 42 | 110 | 262% |
| 2021-04-05 | $1.8 | $10.2 | 556% | 13 | 139 | 1069% |
| 2020-04-01 | $0.0 | $0.0 | 0% | 1 | 151 | 15100% |
ADVDB.CO • AUM IN BILLIONS • SOURCE: SEC FORM ADV
Other
| STATE REGISTRATIONS |
| CT, AK-06/25/2021, AL-02/10/2022, AR-05/24/2021, AZ-03/25/2020, CA-03/25/2020, CO-03/25/2020, CT-03/25/2020, DC-02/10/2022, DE-03/25/2020, FL-03/25/2020, GA-03/25/2020, HI-05/06/2021, IA-02/10/2022, ID-05/06/2021, IL-03/25/2020, IN-02/10/2022, KS-05/06/2021, KY-03/25/2020, LA-05/06/2021, MA-02/10/2022, MD-03/25/2020, ME-03/25/2020, MI-05/06/2021, MN-03/25/2020, MO-03/25/2020, MS-05/06/2021, MT-02/10/2022, NC-03/25/2020, ND-02/10/2022, NE-02/10/2022, NH-03/25/2020, NJ-12/14/2020, NM-02/10/2022, NV-03/25/2020, NY-03/25/2020, OH-03/25/2020, OK-05/06/2021, OR-12/08/2020, PA-03/25/2020, PR-12/08/2020, RI-03/25/2020, SC-03/25/2020, SD-03/25/2020, TN-05/06/2021, TX-03/25/2020, UT-05/06/2021, VA-03/25/2020, VI-02/10/2022, VT-03/25/2020, WA-03/25/2020, WI-03/25/2020, WV-02/10/2022, WY-03/25/2020 |
| ADVISER ACTIVITIES |
|
FINANCIAL PLANNING PORTFOLIO MANAGEMENT PORTFOLIO MANAGEMENT (POOLS) PORTFOLIO MANAGEMENT (SMB) PENSION CONSULTING MANAGER SELECTION EDUCATIONAL WORKSHOPS |
| OTHER ACTIVITIES |
ADVDB.CO • SOURCE: SEC FORM ADV