NewEdge Wealth has recruited W. Trevor Beaney, the chief executive of Florida Atlantic Securities Corp. in Miami, Florida, as a partner at its Coral Gables office in the registered investment advisor’s latest push to deepen its footprint across South Florida's competitive wealth management market.
Florida Atlantic Securities oversees more than $1 billion in total client assets and Beaney spent nearly a decade building the Miami-based broker-dealer's advisory practice before being named CEO in 2019. He joined the firm in 2012 as a vice president after starting his wealth management career in 2006 at Morgan Stanley, where he managed portfolios for ultra-high-net-worth and institutional clients on more than $650 million in investment assets.
"Trevor and his team bring a depth of experience in managing equity and fixed-income portfolios for high net worth individuals and their families, as well as non-profit and for-profit corporations," said Rob Sechan, founder and managing partner of NewEdge Capital Group, the parent company of the RIA. "Their unique business model dovetails well with the sophisticated wealth management strategies our team provides to our South Florida clients."
Beaney's hire comes as NewEdge Wealth accelerates a multi-state growth strategy that has taken the firm into Tennessee, Georgia, Texas, Ohio, and Minnesota in recent months. As InvestmentNews reported, NewEdge Wealth has pushed aggressively into new markets including Minnesota and Ohio, adding advisor teams with deep regional relationships and significant books of business.
The firm now counts more than 75 ultra-high-net-worth advisors across 22 offices, stretching from New York and Chicago to Miami and San Francisco. South Florida has emerged as a particular focus: earlier this year, NewEdge Wealth widened its Florida footprint with a high-net-worth Merrill Lynch team as part of a broader effort to build scale in the region.
Beaney will be joined at the Coral Gables office by Kristie Feliz Smith, who joins as a client service associate.
The move reflects a broader trend reshaping the wealth management industry: experienced advisors and firm leaders are leaving wirehouse and regional broker-dealer environments to join larger independent platforms, drawn by expanded investment capabilities and infrastructure support.
"Our clients have complex financial needs, and NewEdge has the investment solutions and technology to best serve the institutions, families and individuals we work with," Beaney said in the announcement. "Partnering with NewEdge also provides support for our next phase of growth."
As NewEdge deepened its Atlanta expansion with two senior hires earlier in 2026, the firm signaled that people moves, rather than firm acquisitions, remain its preferred growth mechanism.
Florida Atlantic Securities Corp. was founded in 1997 and is headquartered in Miami. The firm operates both a brokerage platform and an investment management division, FASC-IM, which constructs individually tailored portfolios for high-net-worth individuals, families, and institutions.
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