NewEdge Advisors manages assets for various clients, aiming to meet their financial goals while considering their risk tolerance and time horizon. As a fiduciary, NewEdge Advisors is legally required to act in the client's best interest. The firm offers a wrap fee program where clients pay a single fee for investment advisory services and custodial transaction costs. NewEdge Advisors provides financial planning and consulting as part of its comprehensive portfolio management service.
Fee Structure
NewEdge Advisors manages investments through a wrap fee program. Clients pay a single annual fee, not to exceed 2.50%, which covers investment advice and custodial transaction costs. The fee is calculated based on the value of the account and is billed quarterly in advance. Fees are negotiable. Clients may pay more for the wrap fee service than they would for non-wrap services, depending on their account's trading activity.