Newsquare Capital, LLC
Assets Under Management
$1.9B
Number of Clients
2,163
Number of Advisors
3
Average Client AUM
$893K
AUM per Advisor
$643.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
NewSquare Capital LLC offers advisory services through a wrap fee program, designing and implementing diversified portfolios primarily using ETFs, individual equities, and fixed income securities. They work with MML Investor Services and directly with clients, managing assets based on client goals, risk tolerance, and other factors. NewSquare also uses sub-advisors for certain client accounts.
Fee Structure
NewSquare Capital's fees are part of a wrap fee, negotiated with clients as a percentage of assets under management. The total wrap fee, determined by the MMLIS IAR, includes NewSquare's management fee and the IAR's service/advisory fee, not to exceed 1.75%. NewSquare's portion varies by strategy. The wrap fee covers management, brokerage, and custodial fees, but not markups/markdowns, transfer fees, or other charges. Fees may be discounted for households with over $4 million in assets. Minimum account sizes vary by model, ranging from $25,000 to $500,000.
Areas of Practice
Location
16 Campus Boulevard, Suite 100, Newtown Square, PA, 19073-3229