Q1 2024 AmericanTCS 401(k) Composite Benchmark

The AmericanTCS 401(k) composite benchmark delivered a 6.41% return in the first quarter of 2024, starting the year on a positive note. Because 401(k) participants are long-term investors it is important to take a step back and observe the hypothetical 401(k)...

Q2 2024 AmericanTCS 401(k) Composite Benchmark

The AmericanTCS 401(k) Composite Benchmark delivered a 1.48% return in the second quarter, outperforming the Balanced Index, which returned 1.35%. The AmericanTCS Composite Benchmark also outperformed the Balanced Index for the 6-month, 1-year, 3-year and 5-year...

NewEdge Wealth Welcomes Brian Nick to Investment Management Team

STAMFORD, Conn., JUNE 24, 2024 — NewEdge Wealth, LLC, a registered investment adviser specializing in servicing the needs of ultra high net worth families, family offices and institutional clients, announced today that veteran and distinguished investment manager...

What RIAs Can Learn From Legendary Football Coach Nick Saban

Bob McCann, Co-Chairman of NewEdge Capital Group and veteran financial services leader, shares his experience on the crucial role of culture in his recent article published by Barron’s. Drawing from decades of leadership in the financial services industry, including...

FiduciaryxChange Helps Drive Pooled Employer Plan (PEP) Popularity

Firm’s Solutions Propel Rapid Growth, Registers More Than 50 PEPs Since 2023  PITTSBURGH, MARCH 26, 2024 — FiduciaryxChange, an AmericanTCS solution that provides comprehensive fiduciary services to help 401(k) plan sponsors, advisors and administrators effectively...

NewEdge Wealth Establishes Atlanta Office in Buckhead

Roland Pritchett, Formerly of J.P. Morgan Wealth Management, to Lead Office With Wealth Manager Andrew Noble STAMFORD, Conn., Feb. 7, 2024 — NewEdge Wealth, LLC, a registered investment adviser specializing in servicing the needs of ultra high net worth families,...

Q4 2023 AmericanTCS 401(k) Composite Benchmark

The AmericanTCS 401(k) composite benchmark delivered a 10.00% return in the fourth quarter of 2023, ending the year on a positive note with a total annual return of 17.36%. Because 401(k) participants are long-term investors it is important to take a step back and...

Q3 2023 AmericanTCS 401(k) Composite Benchmark

In the third quarter of 2023, the AmericanTCS 401(k) benchmark returned -3.26%. The Benchmark closely aligns with a traditional 60/40 investment strategy. Although the 60/40 mix has historically performed well for investors, that strategy struggles when both equities...

NewEdge Wealth Welcomes Michael Kramer to Stamford Office

Experienced Wealth Manager Joins NewEdge from First Republic Investment Management STAMFORD, Conn., Oct. 16, 2023 — NewEdge Wealth, LLC, a registered investment adviser specializing in servicing the needs of ultra high net worth families, family offices and...

 Q2 2023 AmericanTCS 401(k) Composite Benchmark

The AmericanTCS 401(k) Composite Benchmark returned 4.66% in the second quarter of 2023. Following a challenging market in 2022 that delivered a decline of -16.70% to the 401(k) benchmark, 2023 has been a welcome change with a YTD return of 10.28%. Because 401(k)...
EdgeCo Announces Agreement with Touchstone Retirement Group

EdgeCo Announces Agreement with Touchstone Retirement Group

EdgeCo Holdings Announces Agreement with Touchstone Retirement Group to Join its AmericanTCS Business Unit February 27, 2023 The agreement continues the national expansion of AmericanTCS’s outsourcing services with the addition of Touchstone Retirement Group’s deep...

The 2022 Roller Coaster Ends with Positive Gains

As we closed out 2022, the stock market’s roller coaster of a year ended with positive gains in Q4. The U.S. stock market made substantial gains in this last quarter, with much of the progress being achieved during the month of November. The Dow Jones Industrial...

EdgeCo Holdings Announces Launch of AmericanTCS

EdgeCo Holdings Announces Launch of AmericanTCSSM November 29, 2022 The new brand brings together the Trust, Custody and Retirement operations EdgeCo has acquired over the past four years under a single banner.   PITTSBURGH–(BUSINESS WIRE)–EdgeCo...

EdgeCo Holdings Announces Launch of AmericanTCS

The new brand brings together the Trust, Custody and Retirement operations EdgeCo has acquired over the past four years under a single banner.   EdgeCo Holdings, LP (“EdgeCo”) is pleased to announce the launch of AmericanTCS, aligning the trust, custody and retirement...
Robert J. McCann Joins NewEdge Capital Group as Co-Chairman

Robert J. McCann Joins NewEdge Capital Group as Co-Chairman

Robert J. McCann Joins NewEdge Capital Group as Co-Chairman January 11, 2022 Wealth management industry icon joins firm that leverages cutting-edge, disruptive technologies to support financial advisors.   PITTSBURGH– (BusinessWire) NewEdge Capital Group, LLC...
EdgeCo Holdings Announces Launch of NewEdge Capital Group

EdgeCo Holdings Announces Launch of NewEdge Capital Group

EdgeCo Holdings Announces Launch of NewEdge Capital Group November 1, 2021 New division brings EdgeCo Holdings wealth management companies under one brand name PITTSBURGH–(BUSINESS WIRE)–EdgeCo Holdings, LP (“EdgeCo”) is pleased to announce the launch of...
American Trust Retirement Acquires Stanley Benefit Services

American Trust Retirement Acquires Stanley Benefit Services

American Trust Retirement Acquires Stanley Benefit Services May 4th, 2021 American Trust Retirement expands its presence in the mid-sized plan market MEMPHIS, Tenn.–(BUSINESS WIRE)–AT Retirement Services, LLC (American Trust Retirement), a leading,...
Mid Atlantic Capital Group Announces Deal with PensionPro

Mid Atlantic Capital Group Announces Deal with PensionPro

Mid Atlantic Capital Group Announces Deal with PensionPro April 7th, 2021 Mid Atlantic is pleased to announce it has finalized a deal with PensionPro, the leader in TPA workflow automation software, to become part of its trust and retirement services division...
EdgeCo Holdings Announces Agreement with Goss Advisors

EdgeCo Holdings Announces Agreement with Goss Advisors

EdgeCo Holdings Announces Agreement with Goss Advisors November 16th, 2020     PITTSBURGH & NEW ORLEANS–(BUSINESS WIRE)–EdgeCo Holdings, L.P. (“EdgeCo”) announced today it has entered into a definitive agreement with GWM Advisors LLC (“Goss...
EdgeCo Completes Acquisition of Unified Trust

EdgeCo Completes Acquisition of Unified Trust

EdgeCo Completes Acquisition of Unified Trust October 2nd, 2020 The $5B retirement plan provider and fiduciary becomes part of EdgeCo subsidiary American Trust MEMPHIS, Tenn.–(BUSINESS WIRE)–EdgeCo Holdings, L.P. (“EdgeCo”) has completed its acquisition of Unified...
Acquisition of American Trust Retirement

Acquisition of American Trust Retirement

Acquisition of American Trust Retirement February 4th, 2019 First Mercantile Trust, a subsidiary of EdgeCo Holdings, Announces Agreement for Strategic Acquisition of American Trust Retirement First Mercantile Trust continues to augment its value proposition to...