Growth, Expansion & Transition
Evolution of Your Business
Now it’s your time.
Succession / M&A Support
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.
Growth Through Acquisition
Growth isn’t what it used to be. Seminars, cold calling, or even professional referral programs don’t yield the benefits they once could. How can today’s advisors succeed without traditional growth opportunities?
We think the window of opportunity for acquiring books from retiring advisors has never been greater. The average U.S. advisor is over 50. According to research made available through LPL Financial, nearly one-third of advisors fall into the 55 to 64 age range and fewer young advisors are entering the business. The next few years are viewed by many as the opportunity of a lifetime for advisors intent on growth. Practice Acquisition support is a shared resource for everyone in our partnership.
Retire On Your Own Terms
Retiring isn’t what it used to be. Advisors spend their entire careers building an annuity stream for their families only to face the prospect of practically giving it away while being shown the door. How can today’s successful advisors retire on more favorable terms while having the opportunity to continue the work they love?
The solution to these challenges exists uniquely in the independent channel because here you have an open market for selling your practice and you can determine if you want to continue the work you enjoy. Helping you structure the retirement you want is a shared resource available to all advisors in our partnership.
We aim to give independent advisory practices a better way to serve clients through a platform that provides access to various capabilities and resources, including investments, custody, technology, research, and more.
Helping you structure the retirement you want.
What’s Happening at NewEdge
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, 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, 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.
NewEdge Advisors is thrilled to announce that we have earned the #7 rank on Louisiana State University’s 12th annual LSU 100: Fastest Growing Tiger Businesses, a highly competitive program that we are proud to have been a part of for the past 3 years.