NewEdge Capital Group

The first Friday of the month brings new data on the most important economic indicator: the state of the U.S. labor market. Inflation held this title for a while, but with price pressures rapidly receding, attention has shifted back to payroll gains and the unemployment rates. Like Corky St. Clair from "Waiting for Guffman," investors are anxiously awaiting confirmation. This week's strong jobs report delivered some of the news, but much like Corky's production, we’re still unsure of the final outcome and how it will shape the markets next month. Read this week's #WeeklyEdge here: https://lnkd.in/e7Jwndbn #NewEdgeCapitalGroup

Powell’s kick off to the recalibration cutting cycle and the questions that it raises highlight the incredibly Strange characteristics of this cycle overall. To begin a cutting cycle with a supersized, emergency-like cut when equity markets are at all-time highs, financial conditions are broadly easy, and total employment is at a record is a backdrop so unique that it is consistent with our Strange Landing expectations. Read this week's #WeeklyEdge: https://lnkd.in/eHBvufZb

We are beyond thrilled to announce that NewEdge Capital Group has climbed to the #5 spot on Barron's 2024 Top 100 RIA Firms list! This accolade reflects the dedication, hard work, and trust from our clients, partners, and teams across NewEdge Wealth and NewEdge Advisors. To be recognized as one of the Top 5 firms is an incredible achievement. Thank you to everyone who helped us reach this milestone and here's to an even brighter 2025 ahead! Read more about this year’s rankings: https://lnkd.in/e8P4G5gd #NewEdgeCapitalGroup #Barrons *Barron’s rankings awarded in September 2024 based on prior 12 month data.

We are beyond thrilled to announce that NewEdge Capital Group has climbed to the #5 spot on Barron's 2024 Top 100 RIA Firms list! This accolade reflects the dedication, hard work, and trust from our clients, partners, and teams across NewEdge Wealth and NewEdge Advisors. To be recognized as one of the Top 5 firms is an incredible achievement. Thank you to everyone who helped us reach this milestone and here's to an even brighter 2025 ahead! Read more about this year’s rankings: https://lnkd.in/e8P4G5gd #NewEdgeCapitalGroup #Barrons *Barron’s rankings awarded in September 2024 based on prior 12 month data.

Something is stirring. Shifting ground. It’s just begun. This month, investors seem to have finally cast aside their inflation worries as they focus more on risks to global growth. Commodities prices have plunged, bonds are rallying, and central banks are cutting interest rates. As a result, the rules of portfolio diversification are changing again. Navigating the ongoing slowdown may require investors to unlearn some of the painful lessons of 2022 and 2023. Luckily, we have Steven Sondheim’s lyrics (from the Tony Award-winning musical “Merrily We Roll Along”) to help explain it all. Read this Week's #WeeklyEdge here: https://lnkd.in/e_qDMxRY #NewEdgeCapitalGroup

We’re excited to announce that NewEdge Capital Group has been named an Innovation finalist in ThinkAdvisor’s 2024 Luminaries Awards! We’d also like to congratulate our outstanding NewEdge Wealth and NewEdge Advisors leaders for their individual nominations: ? Rob Sechan, Managing Partner of NewEdge Capital Group and Co-Founder & CEO of NewEdge Wealth, is a finalist for Executive of the Year. ? Neil Turner, Chief Revenue Officer of NewEdge Capital Group and Co-Founder & Co-CEO of NewEdge Advisors, is a finalist for RIA M&A Leader of the Year. ? Ghislain Gouraige, Partner at NewEdge Wealth, is a finalist for Thought Leader of the Year. ? Hunter Gehring, Principal at NewEdge Wealth, is a finalist in the Next-Gen Rising Stars category. Explore the full list of 2024 finalists here: https://lnkd.in/eTUVePvR #NewEdgeCapitalGroup Luminaries Awards finalists are named in September 2024 based on prior 12 to 18-month data. The 2024 Luminaries winners will be announced on Dec. 11, 2024. ThinkAdvisor does not receive compensation in exchange for these recognitions.

NewEdge Capital Group is thrilled to announce our strategic collaboration with Goldman Sachs Custody Solutions (GSCS) as a custodian for NewEdge Wealth and NewEdge Advisors. This partnership represents a significant step forward in our commitment to delivering unparalleled service and support to our advisors and their clients. As a firm that values open architecture, we prioritize providing products and solutions that best serve our advisors and their clients—including top-tier custody services. With GSCS's institutional capabilities and our cutting-edge infrastructure, we are creating a unique environment to empower advisors and elevate their experience. Read more about our partnership here: https://lnkd.in/exF3BBuw #NewEdgeCapitalGroup

In many ways, recent macro and market data resembles Pearl Jam’s cooling of energy, whether we are looking at labor data or equity market leadership and returns. Of course, the biggest question facing investors is if this slowing and cooling of data “does the evolution” into outright weakness for the economy and markets. This week’s Weekly Edge will be split into two main sections, one looking at the evolution of labor market data and the other looking at the evolution of equity market leadership. Read the #WeeklyEdge here: https://lnkd.in/eDGiStJn #NewEdgeCapitalGroup

We are excited to announce that Jeff Cutler, Chief Experience Officer at NewEdge Advisors, has been honored as a Rising Star, and NewEdge Wealth's Onward Entrepreneur Series, under the leadership of NewEdge Wealth Partner Ghislain Gouraige, received the award for Client Initiatives at the prestigious 2024 WealthManagement.com #Wealthies Awards! A heartfelt thank you to WealthManagement.com for these recognitions, and congratulations to all the winners! Learn more: https://lnkd.in/exqkfJGU #NewEdgeCapitalGroup Nominations for the Wealthies awards were submitted through self-nominations based on prior 18-month data. A panel of independent judges made up of top names in the industry and led by WealthManagement.com director of editorial strategy and operations David Armstrong chose the finalists and determined the winners of the WealthManagement.com Industry Awards.

Today, we celebrate you. Happy Labor Day! #NewEdgeCapitalGroup #LaborDay