Wealth Management Firm Moves Up to No. 13 from No. 29 in its Second Year of Eligibility
PITTSBURGH, Sept. 26, 2023 — NewEdge Capital Group, LLC, a leading and rapidly growing wealth management firm supporting successful financial advisors nationwide, announced today that it has ranked No. 13 on Barron’s Top 100 RIA Firms list.
The 2023 appearance marks NewEdge Capital Group’s second inclusion and is 16 spots higher than its 2022 ranking — the most significant move among all firms on the list. NewEdge Capital Group, founded in 2020, has been eligible for this recognition for two years.
“It is an honor and thrill to have made the Barron’s Top 100 RIA Firms list for a second consecutive year,” said Rob Sechan, Managing Partner of NewEdge Capital Group. “Our team and advisors are passionate about NewEdge’s success, and advancing 16 spots in a year is a testament to the work and dedication to growing the firm and its reputation.”
NewEdge Capital Group Managing Partner, Alex Goss, said, “We are humbled to be included among many long-standing RIA firms. It reflects the advisors who have chosen NewEdge as their home and is a tribute to our mission and team. We are just getting started and excited for what the future holds.”
Barron’s Top 100 RIA Firms is an annual ranking of independent advisory companies. The list is created from self-submitted data of 102 questions on assets managed, technology spending, staff diversity, succession planning and other metrics. The publication also considers qualitative measures including advisors’ experience, charitable and philanthropic work, industry designations and compliance records.
About NewEdge Capital Group
NewEdge Capital Group and its subsidiaries collectively trace their roots back over 30 years and provide best-in-class technology-enabled solutions and support services to financial advisors and their clients. Today, NewEdge Capital Group, a Barron’s Top 100 RIA Firm and Forbes’ America’s Top RIA Firm*, has over $40 billion in client assets and supports over 300 financial advisors servicing several thousand households, family offices and institutions comprising more than 75,000 client accounts. The company is a division of EdgeCo Holdings, LP, which collectively services over $170 billion in assets through NewEdge and its other custody and retirement businesses.
*Barron’s rankings awarded in September 2023 based on June 30, 2023, data. Forbes/Shook rankings awarded in October 2022 based on June 30, 2022, data.