About this episode
Frank and Rob dive into:
• Rob’s path from UBS and Morgan Stanley to launching NewEdge Wealth.
• How NewEdge Wealth and NewEdge Advisors differ and advisor profiles that may fit each platform.
• How multi-custody and open architecture models can offer flexibility.
• Perspectives of some advisors that have experienced business growth after joining the firm.
• The role of private equity and its innovation in wealth management.
• How advisors may use niche marketing strategies and referral initiatives to identify opportunities.
Whether you’re exploring alternatives to a wirehouse or staying informed on industry developments, this conversation offers a practical look at the choices and trade-offs within today’s independent landscape.
Want to connect?
• Reach out to Frank directly at frank@eliteconsultingpartners.com or send him a DM on LinkedIn.
• You can also connect with Rob by emailing RSechan@NewEdgeCG.com or visiting his LinkedIn page.
Chapters:
0:00 Introduction
1:02 From Wirehouse Advisor to Building a New Platform
6:30 What Makes Elite Financial Advisors Different
8:08 NewEdge Wealth vs NewEdge Advisors Explained
18:08 Why Multi-Custody & Open Architecture Matter
27:00 How Top Advisors Accelerate Growth After Going Independent
36:09 Private Equity’s Role in the Future of Wealth Management
40:46 Why Advisors Should Explore the Independent Model
Learn more about Elite and our resources:
Elite Consulting Partners | Financial Advisor Transitions
https://eliteconsultingpartners.com
Elite Marketing Concepts | Marketing Services for Financial Advisors
https://elitemarketingconcepts.com
Elite Advisor Successions | Advisor Mergers & Acquisitions
https://eliteadvisorsuccessions.com
JEDI Database Solutions | Technology Solutions for Advisors
https://jedidatabasesolutions.com
Listen to more Advisor Talk episodes:
https://eliteconsultingpartners.com/podcasts/
“Assets “serviced by” the firm includes (i) client assets for which we provide investment advisory services, (ii) client assets for which we provide brokerage services through our affiliate, NewEdge Securities, LLC and (iii) client assets held at affiliated and unaffiliated broker dealers for which we provide supervisory oversight, support services and/or wealth strategy services.
Opinions expressed are as of October 7, 2025, and may change without notice. This content is for informational purposes only and does not constitute investment advice or a recommendation regarding any security, strategy, or business relationship. Past performance does not guarantee future results.
References to advisor experiences (including business growth, win rates, or referrals) reflect individual circumstances and are not representative of all advisors or outcomes. Results vary and are
