No commissions, no ads, no advice. This NewEdge Wealth profile draws only on public records, each linked so you can confirm it yourself.

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The short answer: is NewEdge Wealth a fiduciary?

Yes. NewEdge Wealth is a fiduciary when it acts as your investment adviser, and with $19.9 billion in client assets it is among the larger SEC-registered investment advisers. Publicly, it files with the SEC as Newedge Wealth (CRD #307771). As of its latest Form ADV (filed April 23, 2026), the firm reported $19.9 billion in regulatory assets under management (a firm-reported figure). Its Form ADV (Item 5.E) lists how it is paid: a percentage of assets under management, fixed fees, commissions, and performance-based fees. All of it sits on the public record, and confirming it for yourself takes only a few minutes.

Its Form ADV also reports that a related person is a broker-dealer (Item 7.A), and brokerage accounts fall under Regulation Best Interest instead. Ask which capacity covers each of your accounts. The firm must tell you. Get started with Truthifi

What "fiduciary" means: a fiduciary is legally bound to place a client's interests above its own. (More on fiduciary duty)

NewEdge Wealth at a glance

✅ Verified from public filings, last checked October 5, 2026. NewEdge Wealth (SEC CRD #307771) is a fiduciary when acting as your adviser, on a fee-based basis, with $19.9 billion in regulatory assets under management. Every figure below links to its primary source.

What	NewEdge Wealth	Source
SEC CRD	#307771	IAPD
Registration	Investment adviser, with a related person that is a broker-dealer (Form ADV Item 7.A)	IAPD
Registered since	March 25, 2020 (SEC)	IAPD
Fiduciary?	Yes, when acting as your adviser	SEC adviser standard
Fee model	Fee-based	Form ADV Item 5.E
How it's paid	A percentage of assets under management, fixed fees, commissions, and performance-based fees	Form ADV Item 5.E
Regulatory Assets Under Management	$19.9 billion (Form ADV filed April 23, 2026)	IAPD
Client accounts	19,593 (17,527 discretionary)	IAPD
Employees	211 (99 in advisory roles)	IAPD
Ownership	Parent-owned	Form ADV Schedule A
Disclosures	Form ADV answers No to firm-level disciplinary questions	IAPD
HQ	Stamford, CT	IAPD

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NewEdge Wealth fees: what you'll pay

NewEdge Wealth is fee-based. According to its Form ADV (2026), Item 5.E, it is paid through a percentage of assets under management, fixed fees, commissions, and performance-based fees. Fee-based is a common model. It means cost can arrive from more than one place: advisory fees on one side, commissions on products on the other. (How fee-only advisors differ)

Our recommendation: before you sign, or at your next review, ask your NewEdge Wealth advisor to state in writing which of your accounts are advisory and which are brokerage, and what each one costs in total. A single number per account makes the fee-based mix much easier to judge. (Are you paying too much? Why that might be the wrong question)

Who owns NewEdge Wealth, and what conflicts does it disclose?

According to Schedule A of its Form ADV (2026), NewEdge Wealth is owned by Newedge Capital Group, LLC. (Form ADV Schedule A)

Its Form ADV Part 2A describes the firm's conflicts of interest, including how it and its advisers are paid.

NewEdge Wealth SEC record: disclosures

According to its Form ADV, NewEdge Wealth answers No to the firm-level disciplinary-history questions. You can confirm that on the public record. Individual advisers can have their own records, so look them up on IAPD and FINRA BrokerCheck too.

On the record, it has been registered with the SEC since March 25, 2020, makes notice filings in 53 jurisdictions (IAPD), and reports 211 employees, 99 of them in investment advisory roles. If you're asking "is NewEdge Wealth legit?", start with registration: a public CRD and filings anyone can pull. That confirms it's a real, regulated adviser. Whether it's right for you is a separate question.

Reading NewEdge Wealth reviews against the public record

Star ratings and client comments describe what working with a firm felt like. They usually don't show what the firm reports to regulators. Before you weigh NewEdge Wealth reviews, check three things this profile takes from the public record. First, how the firm is paid: it reports both advisory fees and commissions, which makes it fee-based. Second, who owns it and what conflicts it discloses. Third, whether its Form ADV reports any disciplinary history. Read reviews alongside the record, not instead of it.

How to verify NewEdge Wealth yourself

Here's how to confirm all of it in three steps:

1. Check the SEC adviser record (IAPD): https://adviserinfo.sec.gov/firm/summary/307771.
2. Read the filings (Form ADV / Form CRS): linked from the IAPD page.
3. Confirm the entity: match NewEdge Wealth (CRD #307771, legal name NEWEDGE WEALTH, LLC) so you're reading the right firm.

To compare it with other firms checked the same way, browse the Truthifi /advisors hub.

What NewEdge Wealth does and who it serves

On its Form ADV, NewEdge Wealth reports providing financial planning, portfolio management for individuals and small businesses, portfolio management (pooled vehicles), portfolio management for businesses and institutions, pension consulting, selection of other advisers, and educational seminars.

It reports providing financial planning to 26 to 50 clients in its last fiscal year (Form ADV Item 5.H), a count the form keeps separate from the client totals below.

Its Form ADV (Item 5.D) breaks its clients down by type, at least 3,693 in all:

Client type	Clients	Assets managed
Individuals	2,064	$1.20 billion
High-net-worth individuals	1,557	$17.64 billion
Pension and profit-sharing plans	10	$170.9 million
Charities	23	$368.4 million
Insurance companies	Fewer than 5	$1.8 million
Corporations or other businesses	38	$544.3 million

It reports 19,593 client accounts, more than the at least 3,693 clients counted above (many clients hold more than one account), 17,527 discretionary (the firm can trade without seeking your approval first) and 2,066 non-discretionary (Item 5.F). Its main office is in Stamford, CT.

Set those figures side by side and a shape appears that no single line of the filing states. High-net-worth individuals are about 42% of the clients in the table but hold roughly 89% of the assets in it ($17.64 billion). The firm also averages around five accounts per client, and about 89% of those accounts are discretionary. For a typical client, that likely means holdings and fees spread over several statements, with most trades made without a per-trade sign-off. That combination is why a periodic look at your whole picture can matter more than any one statement.

It reports that it or a related person has custody of certain client assets, which brings extra safeguards such as surprise examinations. The specifics are in its Form ADV.

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The hard part isn't checking the firm. It's seeing your whole financial life.

Confirming NewEdge Wealth is registered takes a few minutes. Seeing everything you own in one place is a different job. An old IRA, a spouse's portfolio and fees buried below a standard statement often sit outside any single firm's view. This is where Truthifi comes in.

How Truthifi can help

Truthifi links your accounts read-only and shows what you own, how it's allocated, how it's performing and where the risk sits, including single-stock exposure, returns next to a benchmark, a fee breakdown of the fees on each account, by type, and your Truthifi Score. You can share the accounts you choose with your advisor at NewEdge Wealth.

Prefer your own AI? A paid Truthifi plan lets you connect an AI assistant that supports MCP sign-in, such as Claude. Truthifi Connect is the lighter membership for people who only want to use their own assistant. Questions about your fees need Monitoring or Monitoring Plus+.

Ask AI about your NewEdge Wealth accounts

Once your accounts are connected read-only, you can ask in plain English:

• "What do I own across my NewEdge Wealth accounts and everything else, and how is it allocated?"
• "What am I paying in fees across all of these accounts?"

Try it with Truthifi: start for free at app.truthifi.com and run a Monitoring Checkup (limits apply).

No commissions, no ads, no advice: Truthifi is not an investment adviser and doesn't give investment, tax or legal advice. Its access to your bank and brokerage accounts is read-only. Start free (limits apply). Monitoring Checkup is free. Link up to 10 connections, per Truthifi's published plan limits. Plans and limits are on the pricing page → truthifi.com.

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FAQ

Is NewEdge Wealth a fiduciary? Yes, when acting as your adviser. Its Form ADV reports a related person that is a broker-dealer, and brokerage accounts fall under Regulation Best Interest instead. Ask which capacity covers each of your accounts.

Is NewEdge Wealth fee-only? No. A fee-only firm takes no commissions, and NewEdge Wealth's Form ADV (Item 5.E) lists commissions among its pay, which places it in the fee-based camp. For your own costs, ask for the fee schedule and conflicts section in its Form ADV Part 2A.

Who owns NewEdge Wealth? NewEdge Wealth is owned by Newedge Capital Group, LLC, as listed in Schedule A of its Form ADV.

Does NewEdge Wealth have complaints or disclosures? Its Form ADV answers No to the firm-level disciplinary-history questions. Individual advisers can have their own records on IAPD and BrokerCheck.

Is NewEdge Wealth legit? NewEdge Wealth is registered with the SEC (CRD #307771) and its filings are public on the SEC's IAPD site, which confirms it is a real, regulated firm. Registration doesn't tell you whether it's the right fit or what you'll pay, so read the fee and conflict sections of its Form ADV.

Can AI help me check whether I'm getting good value? Yes. Start free (limits apply): Monitoring Checkup is free and lets you link up to 10 connections. You can also connect an AI assistant you already use (such as Claude). On Monitoring or Monitoring Plus+ you can ask it, in plain English, about the fees on each of your accounts. Truthifi is not an investment adviser and doesn't give investment, tax or legal advice.

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About this profile

Truthifi built this profile from the firm's own SEC filings (Form ADV and, where filed, Form CRS). Every page is reviewed by the Truthifi Team before publishing. The Truthifi advisor fact packs are an ongoing series checking U.S. investment advisers against their public filings, one firm at a time.

Read next from the Truthifi blog

• What is a fiduciary?
• Fee-only financial advisor: costs and how to find one
• Are you paying too much? Why that might be the wrong question
• How to ask AI about your real investment accounts
• Robo-advisor vs. human financial advisor: which is better?
• All advisor fact packs on Truthifi

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A note on sources. The facts on this page come from publicly available documents, NewEdge Wealth's SEC filings, each linked inline so you can verify it yourself (SEC data current as of October 5, 2026). This is general information, not financial or legal advice, and Truthifi is not affiliated with NewEdge Wealth. Regulatory records change, so always confirm against the official sources linked above. Spot something that should be corrected? Email us at support@truthifi.com.

One last point to weigh: every figure here is a snapshot of the Form ADV filed April 23, 2026. The next filing could shift the client mix, the fee list or the disclosure answers, so pulling up the IAPD page again before each annual review with your advisor turns this profile from a one-time check into a habit. Get started with Truthifi · See how Truthifi keeps your accounts secure