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Newedge Advisors

SEC-registered adviser since 2014New Orleans, LACRD 171351

$43.2B
AUM
49,898
Clients
See fees
Fee
515
Advisory staff

From Form ADV filed 1 October 2026 · data retrieved 15 October 2026SEC record

Newedge Advisors is an investment adviser headquartered in New Orleans, Louisiana, and registered with the SEC since 2014. Its clients include high-net-worth individuals, other individuals, and corporations and other businesses. High-net-worth individuals account for 66% of its regulatory assets under management.

Its services include financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Fee arrangements include a percentage of assets under management, hourly charges and fixed fees. New Edge Capital Group, LLC owns 75% or more of Newedge Advisors, and Alexander Goss is its CEO.

Clients

Newedge Advisors serves 49,898 clients, 13,112 of them high-net-worth individuals. The average client has about $866,000 with the firm, and high-net-worth clients hold 66% of its $43.2 billion in assets.

Regulatory assets by client type
  • Individuals35,697 clients26%
  • High-net-worth individuals13,112 clients66%
  • Corporations and other businesses663 clients7%
  • OtherPension and profit-sharing plans, Charitable organizations, Other1%
Show client breakdown
Individuals (other than HNW)
Clients
35,697
Regulatory AUM
$11,283,511,705
Share
26.1%
Avg. per client
$316K
High-net-worth individuals
Clients
13,112
Regulatory AUM
$28,424,127,309
Share
65.8%
Avg. per client
$2.17M
Pension and profit-sharing plans
Clients
259
Regulatory AUM
$322,138,135
Share
0.7%
Avg. per client
$1.24M
Charitable organizations
Clients
166
Regulatory AUM
$200,235,921
Share
0.5%
Avg. per client
$1.21M
Corporations and other businesses
Clients
663
Regulatory AUM
$2,983,843,779
Share
6.9%
Avg. per client
$4.50M
Other
Clients
1
Regulatory AUM
$857,289
Share
0.0%
Avg. per client
$857K

Total

Clients
49,898
Regulatory AUM
$43,214,714,138
Share
100%
Avg. per client
$866K

What it does

Newedge Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers and educational seminars. It is paid through a percentage of assets, hourly charges and fixed fees.

Newedge Advisors provided financial planning to 1,000 clients last fiscal year and advises no private funds.

96.8% of assets ($41.83B across 100,627 accounts) are managed with discretion; $1.39B across 2,373 accounts are not. $28.31B sits in a wrap fee program the firm both sponsors and manages. 0% of clients are outside the U.S., and 122 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks36%
  • Funds50%
    • Registered funds49%
    • Pooled vehicles1%
  • Bonds7%
    • State and local bonds3%
    • Investment grade corporate bonds3%
    • U.S. government and agency bonds1%
  • Cash7%

Custodians

Newedge Advisors’ client accounts are held mainly at Fidelity, with 32% of managed assets, and LPL Financial, with 27%. Newedge Advisors has custody of $14.80B for 49,918 clients.

Managed account assets by custodian
  • LPL FinancialLPL Financial LLC · Boston, MA · $11.75B27%
  • FidelityFidelity Brokerage Services LLC · Smithfield, RI · $13.83B32%
  • Raymond JamesRaymond James & Associates, Inc. · ST. Petersburg, FL · $5.28B12%
  • Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $7.58B18%
  • FidelityNational Financial Services LLC · Boston, MA · $1.28B3%
  • OtherFolio Investments, Mid Atlantic Trust, All other custodians8%

Ownership and leadership

New Edge Capital Group, LLC owns 75% or more of Newedge Advisors, and Alexander Goss is its CEO.

Who owns the firm
Newedge Advisors, LLC· the adviser

  • New Edge Capital Group, LLC

    Control person · since December 2020

    Owns 75% or more of Newedge Advisors, LLC

Leadership

  • Alexander Goss
    Chief Executive Officer/Founder
  • Justin Schoepf
    Vice President of Operations
  • Kyle Smith
    Vice President
  • Joseph Banco
    Chief Financial Officer and Treasurer
  • William Brand
    Chief Compliance Officer
  • Jeffrey Cutler
    Chief Experience Officer
  • Jennifer DeLoach
    Deputy Compliance Officer
  • Erin Sarver-Corbett
    Chief Operations Officer, Managing Director
  • David Schnier
    General Counsel and Secretary
  • David Symecko
    Managing Director, Business Development
  • Neil Turner
    Partner/Founder/Co-CEO

Staff

  • 1,073 employees
  • 515 in advisory functions
  • 585 state-registered reps
  • 399 broker-dealer reps
  • 315 insurance agents
  • 28 soliciting firms

Reported holdings

Newedge Advisors’ reported 13F holdings total $33.57B across 4,198 positions, and the ten largest make up 18.7% of it.

$33.57B
Reported 13F value
4,198
Positions
18.7%
In the 10 largest
+21.3%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Apple Inc.3.0%
  2. iShares TR · Core S&P500 ETF2.6%
  3. State Str SPDR S&P 500 ETF T · TR Unit2.2%
  4. Nvidia Corporation2.1%
  5. Microsoft Corp.1.8%
  6. Amazon Com Inc.1.5%
  7. JPMORGAN Chase & CO1.4%
  8. Vanguard Index Fds · S&P 500 ETF Shs1.4%
  9. Alphabet Inc. · Cap Stk CL A1.4%
  10. SPDR Series Trust · ST Str P500etf1.2%

Together, the ten largest are 18.7% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 12 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $33.57B is not its $43.21B in regulatory assets and does not represent any individual client's portfolio.

Fees

Newedge Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees).

Newedge Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Newedge Advisors has 99 offices (11 private residences, listed without an address), with 234 listed addresses across 41 states.

Listed office addresses by state

Louisiana · 27 listed addresses

  • 858 Camp Street, New OrleansHQ
  • 1634 Ryan Street, Lake Charles
  • 338 Red Maple Drive, Mendeville
  • 200 E. Morris Ave., Hammond
  • 412 Settlers Trace BLVD, Lafayette
  • 6300 Corporate BLVD, Baton Rouge
  • 110 Picciola Parkway, Cut Off
  • 110 Avenue of Oaks, Destrehan
  • 639 Loyola Avenue, New Orleans
  • 639 Loyola Avenue, New Orleans
  • 1819 West Pinhook Road, Lafayette
  • 223 East Main Street, New Iberia
  • 216 N Columbia ST, Covington
  • One Galleria Boulevard, Metairie
  • 2014 Provenance Place Boulevard, Shreveport
  • 8702 Jefferson Highway, Baton Rouge
  • 7607 Fern Ave, Suite 502, Shreveport
  • 1651 Louisville Avenue, Monroe
  • 10235 Jefferson Hwy, Baton Rouge
  • 1362 W. Tunnel BLVD., Houma
  • 5925 Line Avenue, Shreveport
  • 21790 Highway 167, Dry Prong
  • 4965 Elliott Road, Lake Charles
  • 909 Poydras Street, New Orleans
  • 9555 Antioch Road, Baton Rouge
  • 858 Camp Street, New Orleans
  • 10900 Louisiana 3125, Lutcher

Other business names

Newedge Advisors has reported 192 other business names to the SEC.

  • Abaris Financial Group
  • Accelerate Wealth
  • Adair Financial Group, LLC
  • Afe Private Wealth
  • Alder Creek Wealth Management
  • Alluvial Wealth Partners
  • American Trust Wealth (at Wealth)
  • Archhaven & Co. Wealth Partners
  • Assetwise Financial Group
  • Atlantic Avenue Advisors
  • August Financial Consulting, LLC
  • Aurion Wealth Inc.
  • BFS Advisory Group
  • BP Financial Group
  • Badlands Wealth Management
  • Bartolomeo Capital Group
  • Baruffi Private Wealth
  • Bay Capital Group
  • Benchwealth LLC
  • Birchline Wealth Management, LLC
  • Brandt Wealth Advisors
  • Brookside Private Wealth
  • Buena Vista Financial Planning
  • Cana Wealth Management
  • Cantrill Financial Group
  • Capital Wealth Management Group
  • Carriage Financial Group
  • Castle Wealth Partners
  • Cestia Wealth Management
  • Chandler Wealth Strategies
  • Clearpath Wealth Partners
  • Cleartrek Wealth Partners
  • Cleartrust Wealth Advisors
  • Coastal Capital Advisors
  • Columbia Advisory Group
  • Congruent Wealth
  • Continuity Wealth Group
  • Corewealth Financial Advisors
  • Crescent Wealth Management
  • Crescent Wealth Partners
  • Crowley Wealth Management
  • Cubit Wealth Management
  • Darden Financial
  • Deepriver Wealth
  • Detillier Financial Advisors
  • Deupree James Wealth Management
  • Dominick Financial Group
  • Donnelly Investment and Wealth Advisors, Inc.
  • Downtown Wealth Partners
  • E&e Wealth
  • Emeritus Wealth Group
  • Equanimity Wealth Management
  • Erc Wealth Management
  • Everplan Wealth
  • Financial North Partners
  • Financial Partners, LLC
  • Fiorio Wealth Advisors
  • Firm Foundation Family Wealth
  • Firstharvest Wealth Management Group
  • Flint Hills Investment Services
Show all 192 names
  • Flintridge Private Wealth
  • Focus Wealth
  • Forefront Wealth Planning & Asset Management
  • Fortis Wealth Advisors
  • Fox & Associates LLC
  • Freedom Wealth Planning LLC
  • French Financial
  • Full Scope Wealth
  • Gainey Wealth Management
  • Geminus Wealth Partners
  • Generate Wealth
  • Generation Wealth
  • Gold Coast Benefits Group, Inc.
  • Goss Wealth Management
  • Green Oak Consulting
  • Guardian Financial Consultants
  • Guardian Wealth Management Group
  • Guiding Wealth Financial Partners
  • Gulf Point Advisors
  • Harmony Advisors Group
  • Harris Consulting
  • Heritage Family Wealth Management
  • High Point Financial Design
  • Honarc Wealth
  • Honor Guard Wealth
  • Hughes Wealth Management
  • Investment Services LLC
  • J. Taylor Private Wealth
  • JL Strategic Wealth
  • Jacobs Coolidge & Co
  • Kivi Financial Group
  • Krueger, Fosdyck, Brown, McCall & Assoc (kfbma LLC)
  • Kumph Capital
  • Lagniappe Wealth Management
  • Lake Point Advisors
  • Lakefront Wealth Advisory
  • Ldi Advisers
  • Legacy Partners
  • Libertas Financial Partners
  • Link Financial LLC
  • Maher Wealth Management, LLC
  • McMullen Wealth & Retirement Management
  • Middlebrook Wealth
  • Mission Trails Financial
  • Mitchell Financial Management
  • Modus Wealth Management
  • Moran Private Wealth Group
  • Murphy Wealth Management
  • Murry Wealth Management
  • Nesso Wealth
  • New England Retirement Strategies
  • Nexgen Wealth
  • Nimmo Wealth Partners LLC
  • Normandy Financial Services, LLC
  • North Edge Wealth
  • Northshore Wealth Advisors
  • Oak Capital Private Wealth
  • Oak Grove Wealth Partners
  • Olympus Financial Advisors
  • Pacific Pointe Advisors
  • Pacificview Wealth Management
  • Papa Financial Services
  • Parion Wealth
  • Partners Financial Group
  • Penn North Financial Services
  • Pension Financial Group
  • Perennial Edge
  • Peristyle Private Wealth
  • Perrotti Partners Wealth Management
  • Pilgreen Wealth Management
  • Planningteam Financial Advisors
  • Plum Creek Investment Services Inc.
  • Pointcrest Wealth Management
  • Prestenback Wealth
  • Prosper Plan
  • Provident Wealth
  • Proxima Wealth Management
  • RFW Wealth Advisors
  • Radiant Wealth Management
  • Retirement Benefit Partners, Inc.
  • Rising Light Financial Advisors
  • Riverside Wealth Partners
  • SNKP Capital
  • Sage Capital
  • Sapphire Financial
  • Seven Bridges Wealth Advisors
  • Sidecar Asset Management
  • Silver Edge Financial Group
  • Sioux Falls Advisors
  • Sound Wealth Advisors
  • South Louisiana Financial Services
  • South Louisiana Wealth Management
  • Southern Point Investment Partners
  • Stoic Private Wealth
  • Stonebridge Financial Partners
  • Stonegate Investment Group
  • Strategic Counsel Wealth Advisory
  • Strategic Wealth Management
  • Streamline Wealth
  • Sunodia Capital Management
  • Tactical Wealth Management
  • Taxwise Wealth Management, Inc.
  • Tempo Wealth
  • Tempus Advisory Group
  • Tenured Advisors
  • The DRL Group
  • The Gilmore Group
  • The Hakel Fabrizio Financial Group
  • The Kahl Group, LLC
  • The Pastor Financial Group
  • Three Peaks Wealth Management
  • Three Rivers Equity Management
  • Three Rivers Wealth Management Group
  • Tidewater Wealth Management
  • Tipton Weber Wealth Management
  • Toups Wealth Management
  • Trinitas Wealth Partners
  • Truewealth Advisors, LLC
  • Ulin & Co. Wealth Management
  • Unifi Advisors
  • Valley Wealth Advisors
  • Vision Wealth Strategies, LLC
  • Wagner Financial
  • Waldo Wealth Partners
  • Walker Bastoni Wealth Management
  • Wealth Capital Partners
  • Wealth Stewards Financial
  • Wealth Strategies Partners
  • Wealth(k)are Partners
  • Wealthworth
  • Welden Financial
  • Wisteria Wealth

Registration details

Legal name
Newedge Advisors, LLC
Headquarters
858 Camp Street, New Orleans, LA 70130
Phone
504-459-4391
Website
www.newedgeadvisors.com
SEC file
801-79876
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Newedge Advisors have?

Newedge Advisors has 49,898 clients and manages $43.2 billion for them, as of October 2026. They include 35,697 other individuals, 13,112 high-net-worth individuals and 663 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 October 2026

What services does Newedge Advisors offer?

Newedge Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers and educational seminars.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Newedge Advisors use?

Newedge Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $13,825,016,055, LPL Financial LLC (Boston, MA), with $11,745,853,294, Charles Schwab & Co., Inc. (Westlake, TX), with $7,583,045,207, Raymond James & Associates, Inc. (ST. Petersburg, FL), with $5,277,090,429, Folio Investments, Inc. (McLean, VA), with $2,288,096,069, National Financial Services LLC (Boston, MA), with $1,278,697,894 and Mid Atlantic Trust Company (Pierre, SD), with $107,273,615. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 October 2026

How many financial advisors does Newedge Advisors have?

Newedge Advisors has 585 investment adviser representatives registered with state securities authorities, out of 1,073 employees, and 515 perform investment advisory functions. 399 are registered representatives of a broker-dealer and 315 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Newedge Advisors invest in?

At the end of its last fiscal year, Newedge Advisors’ separately managed accounts held 49% registered funds (mutual funds, ETFs, BDCs), 36% exchange-traded equities, 7% cash and equivalents, 3% state and local bonds, 3% investment grade corporate bonds, 1% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar). It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Newedge Advisors?

Newedge Advisors is owned through a chain of holding companies by Parthenon Investors V, L.P. and Waterfall Eden Master Fund, LTD. Its direct owner is New Edge Capital Group, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 1 October 2026

How does Newedge Advisors get paid?

Newedge Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 1 October 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 171351.
  3. Form 13F-HR, filed 12 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Newedge Advisors, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.