NewEdge Wealth Expands Its Team for Growing Client Needs
NewEdge Wealth, LLC, a prominent registered investment advisor dedicated to serving ultra high net worth families, family offices, and institutional clients, has recently announced the addition of two experienced wealth managers to its Atlanta and North Carolina offices. These new Managing Directors, William deButts and Jimmy Patrick, bring a wealth of experience and expertise to the firm, signaling NewEdge's commitment to enhancing its service offerings.
Meet the New Managing Directors
William deButts and Jimmy Patrick previously held positions as Partners and Senior Wealth Advisors at Edge Capital Partners. Their decision to join NewEdge Wealth marks an exciting phase of growth for the firm. DeButts, who is now part of the Atlanta location, has a rich background in wealth management that began at Morgan Stanley. He played a vital role in establishing Morgan Stanley's regional office in Atlanta before moving to Convergent Wealth Advisors as a Managing Director.
In 2010, DeButts founded Glenmore Advisors, which successfully merged with Edge Capital Partners in 2014. Over his career, he has honed his skills in crafting comprehensive investment strategies tailored specifically for ultra high net worth families and clients.
Patrick's Extensive Background
In contrast, Jimmy Patrick joins NewEdge as its first advisor in North Carolina. With over 20 years of experience in the wealth management sector, he has held senior positions at prestigious firms such as Lehman Brothers, Credit Suisse, and Morgan Creek Capital Management. His tenure at Edge Capital Partners since 2014 allowed him to significantly contribute to the firm's strategic initiatives, showcasing his capabilities in wealth management.
NewEdge Wealth's Growing Presence
The integration of these two seasoned professionals is part of NewEdge Wealth’s strategy to grow its team and expand its geographical footprint. The firm now boasts over 50 ultra high net worth advisors spread across 14 locations, including key markets like Atlanta, Miami, Nashville, and San Francisco. This expansion reflects the firm’s dedication to providing superior service to an elite client base.
Emphasizing Personalized Service
Rob Sechan, Co-Founder and CEO of NewEdge Wealth, expressed his enthusiasm about the new additions to the team. He stated, "We are thrilled to have William and Jimmy as part of our growing team as NewEdge continues to attract elite wealth managers seeking a firm that understands their needs. Their expertise will undoubtedly enhance the services we provide to our discerning clients while offering them growth opportunities in their financial journeys."
About NewEdge Wealth
NewEdge Wealth is a dedicated division of NewEdge Capital Group, LLC, which operates across a range of financial services. The group supports over 400 financial advisors managing thousands of households, family offices, and institutional clients. Recognized by Barron's as a Top 100 RIA Firm and by Forbes as one of America’s Top RIA Firms, NewEdge is committed to providing top-tier financial services.
The firm is positioned to meet the unique needs of ultra high net worth clients, providing personalized service designed to simplify their lives while offering access to extensive institutional quality products and services. NewEdge Wealth employs cutting-edge technology to bridge the gap between clients and their advisors, fostering a strong, personal relationship.
Investment advisory services are provided through NewEdge Wealth, LLC, a registered investment adviser, with securities offered through NewEdge Securities, LLC, Member FINRA/SIPC. NewEdge and its subsidiaries do not provide legal, tax, or accounting advice, and clients are advised to consult their personal advisors regarding these matters.
Frequently Asked Questions
What is NewEdge Wealth?
NewEdge Wealth, LLC specializes in serving ultra high net worth families and institutional clients within the wealth management sector.
Who are the new Managing Directors at NewEdge Wealth?
The firm recently welcomed William deButts and Jimmy Patrick, both experienced wealth managers from Edge Capital Partners.
Where are NewEdge Wealth’s locations?
NewEdge Wealth has over 14 locations including significant markets such as Atlanta, Miami, Nashville, and San Francisco.
What type of clients does NewEdge Wealth serve?
NewEdge Wealth primarily serves ultra high net worth families, family offices, and institutional clients, focusing on personalized service.
What distinguishes NewEdge Wealth from other firms?
NewEdge Wealth is recognized for its extensive expertise, personalized service, and the use of advanced technology to enhance client-advisor relationships.
