Veteran Wealth Manager David Chase Bolsters Firm’s Midwest Presence

NewEdge Wealth, LLC, a registered investment advisor specializing in servicing the needs of ultra high net worth and high net worth families, family offices and institutional clients, announced today that a Chicago-based team led by veteran wealth manager David Chase has joined the firm.

Joining Chase in his move to NewEdge will be a team of three, including associates Robert Belfour, Mia Costarella and Natalie Dymkowski. This is NewEdge Wealth’s first location in Chicago.

“NewEdge Wealth has taken a purposeful approach to growing its footprint and we are excited to have David lead our first team in Chicago,” said Robert Sechan, Co-Founder and CEO of NewEdge Wealth. “David’s 20 years of experience advising families, executives and businesses complement and enhance the services our firm is recognized for providing high net worth and ultra high net worth clients.”

Chase is among the dozen wealth managers NewEdge Wealth has added in the past 12 months to meet the growing demand from high net worth and ultra high net worth clients across the country. Since January, the NewEdge team has added advisors in Atlanta, North Carolina and Knoxville, Tennessee.

Chase was previously Managing Director, Investments and a Private Wealth Financial Advisor at Wells Fargo Advisors, where he worked with high net worth families, executives and institutions. He advised on financing, risk management, wealth transition, executive compensation plans and the sale of privately held businesses. Chase has also worked at Credit Suisse and Bernstein Global Wealth Management. He has been recognized by Forbes magazine as a Best-in-State Wealth Advisor for Illinois in 2022, 2023 and 2024.

Chase added, “I look forward to working with Rob and the NewEdge team of advisors as their culture, values and approach to client service are closely aligned with mine. Chicago continues to see an explosion of wealth among successful individuals and privately held businesses, and I know together we can help meet their strategic financial needs.”

NewEdge Wealth now has more than 50 ultra high net worth advisors across 16 locations, including Atlanta, Miami, Nashville and San Francisco.

About NewEdge Capital Group

NewEdge Wealth is a division of NewEdge Capital Group, LLC. NewEdge Capital Group represents a fundamental reimagining of what a financial services firm can be when it's designed by Advisors for Advisors. As an invitation-only firm for already successful advisors, resources are focused on helping top performing advisors reach the next level in their careers. NewEdge provides exceptional talent, cutting-edge technology and institutional-grade resources that create a structural advantage for elite advisors and their clients.

NewEdge Capital Group services multiple business lines and supports over 475 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 1,000 employees.

Advisory services provided by NewEdge Advisors, LLC and NewEdge Wealth, LLC, our registered investment advisers. Securities offered through NewEdge Securities, LLC, Member FINRA/SIPC. NewEdge Advisors, LLC, NewEdge Wealth, LLC, and NewEdge Securities, LLC are wholly owned subsidiaries of NewEdge Capital Group, LLC. For more information, visit www.newedgecapitalgroup.com.

*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. Forbes/Shook Best-In-State Wealth Advisors ranking awarded in April 2022, 2023 and 2024 based on data from 6/30/20-6/30/23. Neither NewEdge Wealth nor its employees pay a fee in exchange for these rankings.

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