PHILADELPHIA, PA — RISR has announced a strategic partnership with NewEdge Wealth, a division of NewEdge Capital Group, LLC. With over $60 billion in client assets serviced, NewEdge Wealth will leverage RISR’s innovative platform to provide tailored financial planning tools for business owner clients, helping them align their most significant asset with their long-term goals.
Research underscores the need for such solutions, with companies adopting robust financial plans experiencing 30% faster growth than their peers. This collaboration aims to bridge a critical gap by equipping NewEdge Wealth advisors with cutting-edge tools to optimize succession plans, exit strategies, and deepen client relationships.
“NewEdge Wealth was founded to challenge the status quo. We’ve always believed that wealth management should evolve to meet the real needs of clients, not the bottom line of the firm,” said John Straus, president and managing partner of NewEdge Wealth. “This partnership with RISR reflects that philosophy by enabling our advisors to offer business owners sharper, more personalized insights than before.”
The RISR platform facilitates strategic guidance tailored to the needs of business owners, who often prioritize exit strategies but remain underserved by traditional wealth management firms. Paul Emrick, a NewEdge Wealth advisor, emphasized the importance of action, stating, “By integrating RISR’s platform, we’re delivering solutions that align with the complexity and importance of our clients’ most valuable assets. With 69% of owners identifying exit strategy as a top priority, our time to act is now.”
Since its inception last year, RISR has focused on empowering advisors to better serve small business owners, a critical yet often overlooked market segment. Despite challenges like rising costs and shifting market demands, optimism among business owners remains strong, with 73% confident in their financial viability for 2025.
“Advisors can’t continue to treat the business like every other asset on the owner’s balance sheet,” said Jason Early, founder and CEO of RISR. “By leveraging our technology, NewEdge Wealth’s advisors can confidently position themselves as the quarterback for their clients.”
Through this partnership, NewEdge Wealth and RISR are set to transform how business owners achieve financial clarity and security, reinforcing the promise of personalized, effective wealth management for the next generation of entrepreneurs.
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