The Five Myths of Advisor Independence
Several myths prevent some advisors from making the move to independence. We aim to present the facts — facts learned from our own trials and tribulations — about the realities of going independent.
MYTH
1
There are hidden costs
The allure of the “90% Payout” is certainly a strong reason to go independent. Is it real?
MYTH
2
Compliance is going to be restrictive
Compliance could be the reason you’re seeking to make a change, but will it change?
MYTH
3
Technology will be lacking
FIN-Tech is opening the door for RIA’s to find new and different ways to drive growth.
MYTH
4
The transition process will be a nightmare
MYTH
5
I can eliminate all investment conflicts
Our Investment Program provides a flexible, low-cost, customizable UMA investment solution.
Now it’s your turn
The NewEdge Advisors Experience
At NewEdge Advisors, we do things a little differently. We bring together already successful financial advisors — over 240 independent advisors nationwide — who embrace the entrepreneurial spirit, are thought leaders and problem solvers within the industry, and believe that sharing resources, experiences, and best practices with other like-minded professionals contributes to increased success for everyone.
The Community
While each advisory practice at NewEdge Advisors operates as an independent team, our platform encourages a culture of peer-to-peer collaboration and idea-sharing.
Advisor-Focused Tech
While the industry is deploying technologies that disconnect the advisor from the client relationship, our technology was built by advisors, for advisors. Our aim is to help advisors run their practice more efficiently so they focus more on what they do best — working with existing clients while attracting new ones.
Creating Value from Your Practice
Our Advisor Succession Program (ASP) allows advisors to extract value out of their business, including monetizing part of their revenue while maintaining autonomy and control, acquiring other advisor books, or fully transitioning their book to another advisor when they are ready to retire.
About NewEdge Advisors
NewEdge Advisors is a firm built by advisors for advisors — designed from the ground up to make independence easier, more fun, and ultimately more successful. We don’t teach advisors how to be successful, we partner with those who already are, providing the cutting-edge tools and resources they need to run their practice so they can focus on what they do best — care for their clients.
Latest News & Events
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NewEdge Capital Group Named by Forbes to its Ranking of America’s Top RIA Firms
NewEdge Capital Group, LLC, announced today it has been named by Forbes to its ranking of America’s Top RIA Firms. This inaugural ranking of independent advisory companies is based on assets under management by the firms, revenue trends, compliance records, industry experience and other metrics.
NewEdge Advisors Welcomes Seven Advisory Teams in the Third Quarter
NewEdge Advisors, LLC, a leading New Orleans-based RIA supporting successful independent financial advisors nationwide, announced today that the firm added seven new advisory groups to the platform in the third quarter. These teams are comprised of 12 advisors with nearly $1.4 billion in assets under advisement.
NewEdge Capital Group Named To Barron’s 2022 Top 100 RIA Firms List
NewEdge Capital Group, LLC, announced today it has been named to the Barron’s Top 100 RIA Firms list. This 7th annual ranking of independent advisory companies is based on assets managed by the firms, technology spending, staff diversity, succession planning and other metrics.