JW

Justin Castenskiold Waterman

9 Years of Experience

Firm Information

Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
Number of Advisors
107 advisors
Number of Clients
2,790 clients
Average Client Portfolio
$4.3M average
Assets Under Management
$12.1B

Fee Structure

NewEdge Wealth primarily charges a single “wrap” fee that includes advisory fees, brokerage and trading costs, commissions, custody fees, platform administration, reporting services, and investment management fees charged by Independent Managers and/or NEIS. Clients can choose an “unbundled” fee structure, paying separately for investment advice, brokerage services, and management fees. Fees vary based on the type, amount, and market value of assets under management, the complexity of the engagement, and the scope of services provided. Manager Fees for Independent Managers generally range from 0.10% to 1.50% of AUM. NewEdge can negotiate lower fees based on various factors.

Areas of Practice
Investment ManagementFinancial Planning & CoachingHigh Net Worth
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Advisor Information

Office location

2 Grand Central Tower, 140 E 45th Street, 28th Floor, New York, NY, 10017

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Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
New Edge Wealth
November 2025 - Present · 2 mos
Summit Trail Advisors, LLC
September 2021 - Present · 4 yrs 4 mos
Previous Registrations
Citigroup Global Markets INC.
December 2010 - October 2013 · 2 yrs 10 mos
Barclays Capital INC.
March 2009 - September 2010 · 1 yr 6 mos
Lehman Brothers INC.
July 2007 - October 2008 · 1 yr 3 mos
State Registrations2 states
FLNY
Advisor
Exams
No exam information available for this advisor.