NewEdge

NewEdge Capital Group is the wealth management arm of EdgeCo Holdings, operating two RIAs: NewEdge Wealth, a single-brand firm serving ultra-high-net-worth clients that hires wirehouse breakaway teams, and NewEdge Advisors, which offers independent and W-2 affiliation models, plus the broker-dealer NewEdge Securities. The group reported more than $100 billion in client assets as of March 2026 and ranked No. 2 on Barron's 2026 Top 100 RIA Firms list, according to trade press and its own release.

Client assets: more than $100 billion as of March 2026, according to WealthManagement.com. Financial advisors: more than 550 as of September 2026, according to NewEdge Wealth. NewEdge Wealth offices: 22 as of September 2026, according to WealthManagement.com.

NewEdge offers employee team at newedge wealth (uhnw channel), independent (1099) affiliation at newedge advisors and w-2 pillar channel (equity partner). Wirehouse and private bank teams join NewEdge Wealth under its single brand to serve ultra-high-net-worth families, often opening new regional offices. Independent practices and breakaways affiliate with NewEdge Advisors, the group's 1099 channel, keeping their own businesses while using its RIA, brokerage and technology platform. NewEdge invests in independent practices or breakaway teams to form anchor branches under the NewEdge Advisors brand, paying advisors in cash and NewEdge equity and buying retiring advisors' books for those branches.

Advisors who join the W-2 Pillar Channel receive a combination of cash and equity in NewEdge, the firm said when it launched the model in February 2023; specific percentages were not disclosed.

The Pillar Channel had grown to 14 teams with roughly $14 billion in client assets after Stonegate Investment Group, a team overseeing about $6 billion, joined NewEdge Advisors, according to a March 2026 company release. NewEdge Advisors planned to begin recruiting outside advisors into its W-2 channel in 2026, CEO Alex Goss told WealthManagement.com. Terms vary by firm and change over time.

The most recent NewEdge headline in the industry press is “$34bn NewEdge Advisors adds duo from Atlanta MassMutual practice” (Citywire RIA, October 21). Financial ADVSR’s latest reporting on the firm is “NewEdge launches Aligned Wealth family office business” (October 19).

1 story from 1 outlet have mentioned NewEdge since October 21.

In the last 90 days the Financial ADVSR moves tracker has recorded 1 move to NewEdge, most recently Mark Lerner and Ryan Rouille from MassMutual (October 21) and 1 departure, most recently Nick Raffone to Aligned Wealth (October 19).