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.”
