Updated
Updated · Yahoo Finance · Aug 18
NewEdge Wealth Opens 20th Office in Houston, Adding 3 Senior Team Members
Updated
Updated · Yahoo Finance · Aug 18

NewEdge Wealth Opens 20th Office in Houston, Adding 3 Senior Team Members

3 articles · Updated · Yahoo Finance · Aug 18

Summary

  • Houston became NewEdge Wealth’s 20th U.S. location as the firm opened an office led by Managing Directors Jeffrey Thompson and Shannon Willems and Vice President Sara DeJay Willis.
  • The six-person team, including three client service associates, brings more than 30 years of experience serving ultra-high-net-worth families, family offices and institutional clients.
  • NewEdge said the move targets rising demand in Houston, where growth in manufacturing, energy and professional services has increased the number of wealthy clients with complex planning needs.
  • The Houston team has particular experience advising business owners on exit strategies, multigenerational estate plans, and 401(k) and pension optimization.
  • The opening extends NewEdge’s broader expansion push after recent growth in Nashville, Atlanta and New Albany, Ohio; the firm now has more than 65 ultra-high-net-worth advisors nationwide.

Insights

Why are elite wealth management firms suddenly rushing to capture the ultra-high-net-worth market in Houston right now?
How is NewEdge Capital Group successfully luring top-tier financial talent to fuel its aggressive nationwide expansion?
What hidden psychological challenges do entrepreneurs face after a massive business sale that wealth managers must now address?