Stonegate Investment Group has joined NewEdge Advisors, according to AdvisorHub.
Stonegate, based in Birmingham, Ala., is a registered investment adviser (RIA) with $5.7 billion in client assets. The firm is led by Tony Smith, CEO, as well as Christopher Compton, Matthew Brown and James Allen. The partnership comes after the team left UBS Wealth Management in 2021 to launch Stonegate.
A subsidiary of EdgeCo Holdings, NewEdge Capital Group is based in New Orleans and manages nearly $34 billion in assets.
