NewEdge Capital to Extend Investment Strategies Through Envestnet

NewEdge Capital Group is broadening its reach for financial advisors to gain access to its investment solutions through a new partnership with Envestnet. 

NewEdge’s Structured Note Strategies, which are offered by NewEdge Investment Strategies, have been rolled out across Envestnet’s unified managed account, which further allows investment solutions to be available through the Adaptive WealthTech platform. 

Through Envestnet’s UMA platform, wealth managers will be able to utilize NewEdge’s Structured Note Income Portfolio and Structured Note Advisory Portfolio solutions. 

The solutions, which launched in 2021, provide high portfolio returns while mitigating market uncertainty and liquidity concerns concerning investments in Structured Notes. 

The solutions have over $800 million in assets under management, NewEdge stated. 

NewEdge’s recent announcement comes a year after the firm also rolled out the NewEdge Investment Solutions across Envestnet’s and SMArtX’s platforms and expands NewEdge’s partnership with Halo Investing, an investment platform. 

In March, NewEdge Advisors acquired Birmingham, AL-based Stonegate Investment Group, which oversees about $6 billion in assets under management. 

NewEdge’s NewEdge Investment Solutions, which launched in 2023, oversees $5 billion in assets under management and is part of RIA NewEdge Wealth.