Newbridge Securities

What Newbridge Securities does

Newbridge Securities is a privately held, full-service financial services firm headquartered in Boca Raton, Florida, founded in 1997 and operating under parent holding company Newbridge Financial Inc. The firm serves two primary client segments: individual and high-net-worth investors through wealth management, retirement planning, education planning (529 plans), tax harvesting, charitable gifting, and fixed insurance/annuity products; and corporate clients through investment banking services including mergers and acquisitions advisory, capital raising via equity, debt, and hybrid securities, and financial advisory. The firm operates through three core regulated affiliates: Newbridge Securities Corporation (FINRA-registered broker-dealer and SIPC member), NFSG Corporation (SEC-registered investment adviser providing fee-based asset management), and Newbridge Insurance Services, Inc. (offering fixed insurance products and annuities). The company reports over $3 billion in client assets under management and has participated as lead or co-manager in approximately $28 billion of offerings and as selling group member in $25.9 billion of deals from 2019-2022, including 45 deals totaling $196 million of underwritten securities.

The firm generates revenue through four primary streams: securities brokerage commissions (transaction fees from trading and variable insurance), investment advisory fees (recurring fees through NFSG Corporation), investment banking transaction fees (book-running, co-manager, and selling group participation on public and private offerings), and fixed insurance product commissions. GTM is relationship-based and sales-led, with registered financial advisors serving individual clients and a dedicated Equity Capital Markets team serving corporate issuers. Distribution is domestic (U.S.) for wealth management and global for investment banking. Technology infrastructure is standard for the industry: client account access is provided through the Axos Clearing (FIS) platform, and client support is powered by Atlassian Jira Service Management. The firm has 251-500 employees, no disclosed revenue figures, and is led by Chairman & CEO Tom Casolaro with Chief Market Strategist Donald Selkin (a 40+ year CNBC contributor) and Senior Managing Director / Head of Capital Markets and Investment Banking Chad D. Champion.

Name

Newbridge Securities

Legal name

Newbridge Financial Inc.

Website

https://newbridgesecurities.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

251–500 employees

Short description

Newbridge Securities is a privately held Boca Raton-based financial services firm offering wealth management, securities brokerage, investment banking, and fixed insurance products to individual investors and corporate issuers through FINRA-registered broker-dealer, SEC-registered adviser, and insurance subsidiaries.

Ownership category

akta.pro rank

Product category

Wealth Management & Investment Banking

NAICS

Investment Banking and Securities Intermediation (523150), Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Full-Service Brokerage (Wirehouse/Universal) (FSAEACAA)

akta.pro secondary industry

Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds) (FSAEALAM)

Keywords

• Wealth management services
• Investment banking advisory
• Securities brokerage services
• Financial advisory
• Fixed insurance products

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Securities Brokerage Services: Commissions and fees from securities trading, variable insurance products, and brokerage services to individual investors through registered representatives.
2. Investment Advisory Services: Fee-based asset management and advisory services provided through NFSG Corporation, an SEC-registered investment adviser, offering personalized investment strategies.
3. Investment Banking Fees: Revenue from acting as book-running manager, co-manager, and selling group member for public offerings, with fees earned on capital raises including equity and debt securities offerings.
4. Insurance Products: Fixed insurance products including fixed annuities offered through Newbridge Insurance Services, Inc. No variable insurance products.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Newbridge Securities is a Boca Raton-based financial services firm operating through a family of regulated affiliates that delivers comprehensive client services across three core lines: securities brokerage and investment banking through its FINRA-registered broker-dealer (Newbridge Securities Corporation), fee-based asset management and advisory through its SEC-registered investment adviser (NFSG Corporation), and fixed insurance products through its insurance agency (Newbridge Insurance Services, Inc.). The firm provides personalized wealth management, retirement and legacy planning, education planning, tax harvesting, charitable gifting strategies, and account protection for individual and high-net-worth clients, while offering capital raising, M&A advisory, and equity/debt securities underwriting services to corporate issuers.

Product overview

Newbridge Securities offers a comprehensive suite of financial services through its family of companies. The core offering includes Newbridge Securities Corporation (FINRA/SIPC-certified broker-dealer) providing securities brokerage and investment banking services, complemented by NFSG Corporation (SEC-registered investment adviser) for fee-based advisory services, and Newbridge Insurance Services for fixed insurance products. The service portfolio spans wealth management, retirement planning, education planning (529 plans), insurance and account protection, tax harvesting, charitable giving, and investment banking. Clients access their accounts through a digital portal powered by Axos Clearing, while market commentary is delivered through Don Selkin's daily and weekly market notes.

Differentiator

Problem solved

Functional benefit

Brands

• Newbridge Securities Corporation: FINRA-registered broker-dealer and SIPC member offering securities and variable-insurance products.
• NFSG Corporation
• Newbridge Insurance Services, Inc.
• Newbridge Financial, Inc.

Products and services

• Wealth Management Comprehensive wealth management services offering personalized investment strategies, expert guidance for retirement planning and income strategies, and tax harvesting strategies designed to optimize investment returns for individual investors and high-net-worth clients.
• Retirement & Legacy Planning
• Education Planning
• Insurance & Account Protection
• Tax Harvesting
• Charitable Gifting
• Investment Banking Services

Quantifiable outcome

• $28 billion in offerings participated in as lead or co-manager (2019-2022)
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Maxim Group: Smaller full-service broker-dealer focused on small and mid-cap investment banking, equity research, and wealth management. Directly comparable in niche positioning and middle-market issuer focus.
• Aegis Capital: Full-service broker-dealer providing investment banking, equity research, and retail brokerage with a focus on small-cap and mid-cap issuers. Closely comparable in size, scope, and client segment.
• Stifel Financial: Full-service broker-dealer with strong middle-market investment banking and wealth management franchises. Closely comparable in serving HNW clients, mid-cap issuers, and operating an integrated brokerage + IB + advisory model.
• D. Boral Capital: Boutique investment bank and broker-dealer offering capital markets and advisory services to small and mid-cap companies. Directly comparable as a smaller-scale competitor in the same mid-market IB niche.
• Ladenburg Thalmann: Full-service broker-dealer with wealth management and investment banking divisions targeting HNW clients and small/mid-cap issuers. Historically comparable in integrated brokerage-IB-wealth structure before being acquired by fellow firms.
• EF Hutton: Re-launched full-service broker-dealer offering investment banking, wealth management, and institutional services. Comparable as a similarly sized competitor pursuing integrated wealth + capital markets services to mid-market clients.
• Wedbush Securities: Private full-service financial services firm providing wealth management, investment banking, and equity research. Comparable integrated model serving HNW clients and middle-market issuers, at somewhat larger scale.
• B. Riley Financial: Diversified financial services firm offering investment banking, wealth management, brokerage, and proprietary investment activities. Comparable in scope of services and middle-market orientation, though operating at meaningfully larger scale.
• Oppenheimer & Co. A closely comparable mid-market full-service broker-dealer offering wealth management, investment banking, and asset management to HNW individuals and middle-market issuers. Overlaps directly with Newbridge's integrated brokerage/IB/wealth platform and similar client segments.

Broad incumbents

• Raymond James Financial: Large diversified financial services holding company with substantial wealth management and investment banking businesses. Operates in similar segments to Newbridge but at significantly greater scale and with broader product offerings.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 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 Newbridge Securities