SAN DIEGO, March 27, 2025 -- BridgePort, a financial technology company that provides bespoke technology and infrastructure solutions to sophisticated clients across the private markets value chain, announces a partnership with NewEdge Wealth, a Stamford, CT-based firm. The collaboration brings to NewEdge custom, all-digital investment solutions for providing clients with differentiated alternative investment opportunities. NewEdge Capital Group, which was ranked #5 on Barron's Top 100 RIAs in the US for 2024, services over $60 billion in client assets as of December 31, 2024. The partnership highlights NewEdge's ongoing commitment to institutional-caliber wealth management, further enhanced by BridgePort's cutting-edge, private market solutions.
As investors continue along a pathway from public to private investing, estimated to grow from $13 trillion today, to over $20 trillion by 2030*, BridgePort's solutions aim to facilitate investor experiences that are more fluid and transparent. The company's agnostic, digital manifold is underpinned by a team with multiple decades of global financial experience, and powers solutions for a variety of private market constituents - from RIAs, OCIOs and Fund Managers; to ATS platforms, Administrators, Diligence and Liquidity providers.
BridgePort's founder and CEO, Christopher Nero, noted that ''providing clients with access to private markets is imperative, though it requires experienced wealth advisors to steward those efforts, and robust technology and infrastructure to support them. We are excited to partner with high-caliber organizations such as NewEdge, who embrace the impact and dynamics of private market investing."
Rick Hollman, Managing Director and Head of Advisor Solutions at New Edge, said "we believe private market investing is an integral component of a comprehensive investment strategy, and solutions like BridgePort's are essential in facilitating the exceptional access we can provide, while notably enhancing our advisor and client experience."
About Bridgeport Financial Technology
BridgePort's fully digitized ecosystem enables key industry constituents to leverage data, create more dynamic and compelling investment products, enjoy a more fluid transaction and reporting environment, and gain an unprecedented level of scale and efficiency for private market investing and distribution. The company's agnostic technology and infrastructure, underpinned by multiple decades of global financial experience powers custom private investment platforms, access vehicles, syndication portals and operations-as-a-service for a multitude of sophisticated clients across the private market spectrum.
For more information, please visit www.bridgeportft.com
About NewEdge Wealth
NewEdge Wealth is a division of NewEdge Capital Group, LLC. NewEdge Capital Group services multiple business lines and supports over 450 financial advisors servicing several thousand households, family offices and institutions. NewEdge Capital Group, LLC, a Barron's Top 100 RIA Firm and Forbes' America's Top RIA Firm*, is the wealth management business unit of EdgeCo Holdings LP, which has over 900 employees.
NewEdge Wealth is designed to meet the needs of ultra-high net worth, family office and institutional clients. The division seeks to provide a select group of clients with a personalized level of service and attention designed to help organize and simplify their lives, while also providing access to an expansive menu of institutional caliber products and services — all wrapped in technology that serves as the connective tissue between the client and their advisor to create a stronger, more personal relationship. Investment advisory services are offered through NewEdge Wealth, LLC, a registered investment adviser. Securities are offered through NewEdge Securities, LLC, Member FINRA/SIPC. NewEdge and its affiliates do not render advice on legal, tax and/or tax accounting matters to clients. Each client should consult his/her personal tax and/or legal advisor to learn about any potential tax or other implications that may result from acting on a particular recommendation.
*Barron's rankings awarded in September 2024 based on prior 12 month data. Forbes/Shook rankings awarded in October 2024 based on data from 3/31/23-3/31/24. Neither NewEdge Wealth nor its employees pay a fee in exchange for these rankings.
**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, Inc. and (iii) client assets held at unaffiliated broker-dealers for which we provide supervisory oversight and support services.
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