What Cestia Wealth Management does

Cestia Wealth Management is an independent boutique financial advisory firm founded in 2018 by Burt Cestia and headquartered in New Iberia, Louisiana. The firm operates as a "doing business as" (DBA) entity under NewEdge Advisors, LLC, a registered investment adviser, with securities offered through NewEdge Securities, LLC — both wholly owned subsidiaries of NewEdge Capital Group, LLC. The firm delivers fee-based holistic wealth management to high-net-worth individuals, business owners, corporate executives, pre-retirees and retirees, successful families, and endowments/nonprofits across Louisiana, Texas, Alabama, and Mississippi.

Its service portfolio spans investment management, retirement planning, tax planning (coordinated with CPAs), estate and legacy planning, business exit planning (delivered via CEPA-certified advisors in partnership with the Exit Planning Institute), risk management, education planning, and small business retirement plans. Core methodology is branded as the Wealth Mechanics™ seven-step process (Discover, Document, Discern, Engineer, Demonstrate, Activate, Manage), supplemented by a trademarked Holistic Cybersecurity Safeguards™ (HCS) 8×8 Method covering eight cybersecurity protocols and eight identity protection measures. Underlying technology is third-party rather than proprietary: Orion Advisor client portal for portfolio access and reporting, Estate Maps for visual estate strategy transparency, fpPathfinder for financial planning guides, and tax scenario analysis tools integrated with CPA workflows. The firm holds three registered trademarks — Wealth Mechanics™, HCS, and Advice Alpha™ — and has earned consecutive Barron's Top Financial Advisors and Forbes Top RIA Firms recognition from 2022 through 2025.

The go-to-market is consultative and sales-led: a five-step process (Introductory Call → Discovery Meeting → Plan Review → Consider → Onboarding) targeting mid-market to enterprise HNW clients. Revenue is generated primarily through recurring advisory fees (AUM-based or flat-fee, exact rates undisclosed), with supplemental commissions on life insurance products. A complimentary 30-minute introductory consultation is offered as a top-of-funnel engagement. The firm has 5+ staff (four advisors and an executive assistant) with 27+ years of combined experience, no external venture capital or private equity backing, and operates independently of Wall Street product restrictions.

Name

Cestia Wealth Management

Legal name

NewEdge Advisors, LLC

Website

https://cestiawealth.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Cestia Wealth Management is an independent boutique fee-based financial advisory firm operating under NewEdge Advisors, LLC, serving high-net-worth individuals, business owners, executives, and endowments across Louisiana, Texas, Alabama, and Mississippi through its trademarked Wealth Mechanics™ methodology.

Ownership category

akta.pro rank

Product category

Wealth Management Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ), Estate & Legacy Planning Advisory (FSAEAAAG), Hybrid Advice (Advisor + Digital) Platforms (FSAAAAAE)

Keywords

• Wealth management advisory
• Retirement planning services
• Investment management services
• Business exit planning
• Estate planning services

Headquarters

HQ city

New Iberia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fee-Based Financial Advisory Services: The firm operates under a fee-based advisory model. While commissions are received proportional to life insurance products, the primary revenue is derived from advisory fees for holistic wealth management, investment management, retirement planning, tax planning, estate planning, business exit planning, risk management, and education planning services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Cestia Wealth Management is an independent boutique financial advisory firm offering fee-based holistic wealth management to high-net-worth individuals, families, business owners, and corporate executives. Core services include investment management, retirement planning, tax planning, estate and legacy planning, business exit planning, risk management, and education planning, delivered through the firm's Wealth Mechanics™ planning methodology and Holistic Cybersecurity Safeguards™ (HCS).

Product overview

Cestia Wealth Management is an independent boutique financial advisory firm offering holistic wealth management services primarily to high-net-worth individuals, business owners, and families across Louisiana, Texas, Alabama, and Mississippi. The firm's core offering is Holistic Wealth Management, which integrates investment management, tax planning, estate planning, retirement planning, risk management, education planning, and business exit planning. The primary brand vehicle for financial planning content and methodology is Wealth Mechanics™ (a trademarked blog and seven-step process framework). Subsidiary service modules include Investment Management, Business Exit Planning (delivered through CEPA-certified advisors in partnership with the Exit Planning Institute), Estate & Legacy Planning, Tax Planning coordination with CPAs, Risk Management, Education Planning, and Small Business Retirement Plans. The firm also offers a proprietary Holistic Cybersecurity Safeguards™ (HCS) methodology with its 8×8 Method for client digital security. Advisory services are delivered through registered investment advisor NewEdge Advisors, LLC.

Differentiator

Problem solved

Functional benefit

Brands

• Wealth Mechanics™: A registered trademark of Cestia Wealth Management representing their financial planning blog and advisory methodology focused on holistic wealth management and delivering Advice Alpha™.

Products and services

• Holistic Wealth Management Comprehensive wealth management service integrating all aspects of a client's financial life, including cash flow, tax efficiency, estate planning, and investment strategy, aligned with personal values and goals. Designed for high-net-worth individuals and families.
• Investment Management Independent investment advisory service offering asset allocation, custom portfolio construction, ESG-focused strategies, and tax-efficient investment approaches across the full investment universe.
• Business Exit Planning Exit planning advisory utilizing Certified Exit Planning Advisors (CEPA) and partnership with the Exit Planning Institute. Addresses personal, financial, tax, value creation, business, and legal issues for business owners.
• Estate & Legacy Planning Framework for generational wealth and philanthropy including asset protection, trusts, philanthropic planning, private foundations guidance, and gift, estate, and generation-skipping transfer tax planning.
• Tax Planning Tax strategy analysis and optimization working in coordination with clients' CPAs. Uses technology to analyze tax returns and identify tax efficiency opportunities.
• Retirement Planning Long-term retirement strategy development and analysis including income trajectory assessment, withdrawal planning, and alignment with desired retirement lifestyle goals.
• Risk Management Multi-aspect financial risk assessment including life insurance policy analysis, long-term care planning, and gap identification.
• Education Planning Tax-advantaged education savings strategy services to help families accumulate funds for educational expenses over time.
• Small Business Retirement Plans Retirement and 401(k) plan advisory services specifically designed for business owners.
• Holistic Cybersecurity Safeguards™ (HCS) Trademarked cybersecurity methodology comprising 8 cybersecurity protocols and 8 identity protection measures (8×8 Method) for digital privacy and risk management of client assets and identities.

Quantifiable outcome

• Complimentary 30-minute introductory consultation available to all prospective clients
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• NewEdge Advisors, LLCcoreTechnology or IntegrationNewEdge Advisors, LLC is the Registered Investment Advisor (RIA) through which Cestia Wealth Management operates. The firm provides business support including investment management, compliance, human resources, and technology infrastructure. Cestia Wealth Management does business as (dba) Cestia Wealth Management under NewEdge Advisors' RIA registration. NewEdge Advisors is a registered investment adviser and wholly owned subsidiary of NewEdge Capital Group, LLC.
• NewEdge Securities, LLCcoreTechnology or IntegrationNewEdge Securities, LLC is the securities broker-dealer through which Cestia Wealth Management offers securities products. It is a member of FINRA/SIPC and a wholly owned subsidiary of NewEdge Capital Group, LLC. Securities are offered through this entity in conjunction with advisory services.
• NewEdge Capital Group, LLCcoreStrategic or Co-development PartnerNewEdge Capital Group, LLC is the parent company of NewEdge Advisors, LLC and NewEdge Securities, LLC. It provides the overarching corporate infrastructure, compliance framework, and strategic direction for the RIA network within which Cestia Wealth Management operates.
• Exit Planning InstitutecoreStrategic or Co-development PartnerCestia Wealth Management holds a partnership with the Exit Planning Institute for business exit planning services. The firm employs CEPA-certified advisors (Certified Exit Planning Advisors) who utilize the Institute's time-tested methodology addressing personal issues, financial issues, tax issues, value creation, business issues, and legal issues for business exit planning.
• Orion AdvisorcoreTechnology or IntegrationOrion Advisor provides the client portal technology used by Cestia Wealth Management for client portfolio access, reporting, and ongoing advisory engagement. Clients access their accounts through the Orion client portal at login.orionadvisor.com.
• Triad Advisors, LLCsupportingTechnology or IntegrationTriad Advisors, LLC is the broker-dealer through which securities are offered. It is a member of FINRA/SIPC. Cestia Wealth Management and NewEdge Advisors operate as separate entities from Triad Advisors.
• LPL FinancialsupportingTechnology or IntegrationLPL Financial is the broker-dealer referenced for securities offerings in some contexts. Investment advisory services are offered through NewEdge Advisors, LLC dba Cestia Wealth Management, a registered investment advisor and separate entity from LPL Financial.
• fpPathfindersupportingTechnology or IntegrationfpPathfinder provides guides and educational tools used by Cestia Wealth Management in financial planning processes. The firm uses fpPathfinder-powered guides and downloadable materials for client education on topics including tax strategies, charitable giving, and retirement planning.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Wealth Enhancement Group: Acquisitive national RIA platform offering holistic financial planning, investment management, and tax services to HNW clients. Comparable service breadth; differs primarily in scale and M&A-driven growth strategy.
• Carson Group: National RIA and coaching/platform business supporting independent advisors with holistic wealth management, business consulting, and exit planning resources. Comparable holistic planning focus and advisor-led model with much larger platform scale.
• Edelman Financial Engines: Large national RIA combining goals-based financial planning with investment management for HNW households. Overlapping holistic service offering, though at vastly larger scale with hybrid advisor-plus-digital delivery.
• Mercer Advisors: National RIA providing comprehensive wealth management, tax, estate, and trust services to HNW households. Direct overlap in holistic planning methodology but with substantially larger AUM and geographic reach.
• Creative Planning: Large, nationally scaled RIA delivering comprehensive wealth management, tax, estate, and business exit services to HNW clients. Directly overlapping service offering but at materially greater scale, headcount, and brand recognition.

Direct peers

• Buckingham Strategic Wealth: Boutique RIA focused on evidence-based financial planning, tax-aware investing, and legacy/estate planning for HNW households. Comparable holistic wealth-management philosophy and mid-market advisor-led service model.
• Mariner Wealth Advisors: Independent, fee-based RIA offering comprehensive wealth management including investment advisory, tax, estate, and exit planning for HNW individuals and business owners. Highly comparable concierge/boutique positioning with similar holistic service stack and regional advisor model.
• Ronald Blue Trust: Boutique RIA providing fee-only, fiduciary financial planning, investment management, and estate planning to HNW individuals and families. Closely comparable in boutique positioning, fee-only model, and values-driven brand identity.

Emerging players

• Facet Wealth: Digital-first RIA delivering flat-fee financial planning and investment management to mass-affluent and HNW clients. Comparable fee-based planning philosophy; differs in tech-led, low-touch delivery model versus Cestia's concierge approach.

Regional players

• Homrich Berg: Fee-only RIA headquartered in Atlanta serving HNW families, business owners, and executives across the Southeast. Comparable regional boutique positioning, holistic wealth-management focus, and similar client segmentation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cestia Wealth Management