EdgeCo Holdings

EdgeCo Holdings is a holding company providing technology-enabled solutions for financial intermediaries and their clients, such as retirement plan providers, sponsors, and financial advisors. Founded in 2018 and headquartered in Pittsburgh, Pennsylvania, the company has expanded through a series of acquisitions, growing to service over $600 billion in assets.

The company operates through two primary divisions: AmericanTCS and NewEdge Capital Group. AmericanTCS focuses on retirement services, offering plan administration, recordkeeping, and trust and custody solutions. NewEdge Capital Group provides wealth management services, brokerage, and advisory solutions to financial advisors, including services for ultra-high-net-worth clients through its NewEdge Wealth subsidiary. The business model is centered on providing a comprehensive suite of services that financial intermediaries can utilize to streamline operations and enhance client services. This includes software for workflow automation and trading solutions.

EdgeCo's leadership includes CEO Paul Schneider, who has a background in financial technology, having co-founded Mid Atlantic Trust Company, which became a cornerstone for EdgeCo. The company has over 900 employees and serves more than 15,000 financial advisors and 500 financial institutions. Its growth strategy involves both organic expansion and strategic acquisitions to enhance its platform capabilities.

Keywords: financial intermediaries, retirement plan administration, wealth management solutions, trust and custody services, brokerage services, recordkeeping, financial technology, advisory solutions, asset servicing, TPA solutions, 401(k) services, investment management technology, financial advisor support, broker-dealer services, retirement technology, custody solutions, wealth advisory, institutional trading, financial services holding company, RIA support