At a glance
- Florida Atlantic Securities oversees more than $1 billion in client assets, InvestmentNews reported.
- Beaney joined the broker-dealer in 2012 as a vice president, became CEO in 2019 and began his career at Morgan Stanley in 2006.
- The move gives NewEdge a Miami broker-dealer chief and follows a Merrill Lynch team it added in Florida earlier this year.
NewEdge Wealth hired W. Trevor Beaney, chief executive of Florida Atlantic Securities, as a partner in its Coral Gables office, InvestmentNews reported Nov. 5.
Florida Atlantic Securities oversees more than $1 billion in client assets, InvestmentNews reported.
Beaney joined the broker-dealer in 2012 as a vice president, became CEO in 2019 and began his career at Morgan Stanley in 2006. Kristie Feliz Smith joins him as a client service associate. The amount of client business moving with him was not disclosed.
The move gives NewEdge a Miami broker-dealer chief and follows a Merrill Lynch team it added in Florida earlier this year. NewEdge counts more than 75 ultra-high-net-worth advisors across 22 offices and has recently expanded into Tennessee, Georgia, Texas, Ohio and Minnesota, InvestmentNews reported.
Reported by the Moves desk from InvestmentNews. Published . Corrections