New Edge Wealth

Investment Advisor
in Stamford, CT

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About this Advisor

Michael Fomuke is a financial advisor who works out of Stamford, Connecticut, who has been in the advisory business for 11 years. Fomuke works at New Edge Wealth. Their career trajectory has included roles at Ubs Financial Services, Inc, Ubs Financial Services Inc, One Seven Dba Park City Family Office, Newedge Securities, Inc and Newedge Wealth, LLC. Fomuke holds Series 63 and Series 65 licenses, qualifying them as both a securities agent and an investment advisor representative, and is registered to work in Texas and Utah. New Edge Wealth is an advisory company that has its headquarters in Stamford, Connecticut. It has offices in two locations and a total of 42 financial advisors. It oversees $4 billion in assets under management among its 3,283 accounts, placing it among the largest investment advisory firms in the nation by assets under management. Of its 3,283 customer accounts, 67% are held by high-net-worth investors who have more than $1 million in assets available to invest. New Edge Wealth provides a number of services, such as financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services and selection of other advisers. Fees for financial management usually are based on the type of services offered. However, fee types charged by New Edge Wealth most likely are comprised of asset-based and fixed fees.

Certifications and Registrations

Series 63, Series 65

Years of Experience

11 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Pension consulting services, Selection of other advisers

Fee Structure

Percentage of Assets, Fixed Fees



Office Location

2200 Atlantic Street 2Nd Floor
Stamford, CT 06902

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New Edge Wealth Brokerage Details

Total Assets Under Management


CT Average: $5,297,377,271
Total Number of Employees


CT Average: 35
Total Number of Accounts


CT Average: 690
Average Account Size


CT Average: $7,677,358

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Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Pension consulting services
  • Selection of other advisers

Michael Fomuke Work History

Michael has 11 years of experience.

2022 - Present (0 year)

Newedge Securities, Inc

2022 - Present (0 year)

Newedge Wealth, LLC

2021 - 2021 (< 1 year)

One Seven Dba Park City Family Office

2015 - 2021 (6 years)

Ubs Financial Services Inc

2011 - 2021 (10 years)

Ubs Financial Services, Inc


Michael Fomuke has no disclosures.

Please visit their SEC profile for more details.

Financial Advisors at New Edge Wealth

Kevin Miller
Darien, CT
Anna Reyes Stockhamer
Stamford, CT
Alec Zager
Stamford, CT
Michael Fomuke
Stamford, CT
Benjamin Lope
Darien, CT
John Straus
Darien, CT
Jay Peters
Stamford, CT

The content in this profile was updated by SmartAsset on 04/01/2022 using publicly available data compiled from the SEC and FINRA. To report any data inconsistencies or errors, please contact profile-compliance@smartasset.com.

The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm, and financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.

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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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