NewEdge Advisors (a leading New Orleans-based RIA) that is supporting successful independent financial advisors nationwide announced that Dallas-based team Fortis Wealth Advisors has joined the firm from J.P. Morgan Securities, where they were overseeing approximately $580 million in client assets.
Founders Erik Linstrom, Ben Roth, Shawn Stanley and Kris Cawthon – each boasting 20+ years of industry experience – teamed up to launch Fortis Wealth Advisors based in Dallas. The team chose Goldman Sachs Custody Solutions as their primary custodian.
KEY QUOTES:
“We are proud to welcome Fortis Wealth Advisors to the NewEdge Advisors family. This team is passionate about their work and greatly values the advisor-client relationship. Erik, Ben, Shawn and Kris have positively impacted many people and families across their esteemed careers, and we are thrilled to have them on board. We give our advisors more time, resources and solutions to help achieve their clients’ goals. We look forward to supporting Fortis Wealth Advisors’ continued growth and success.”
– Neil Turner, Co-CEO and Co-Founder of NewEdge Advisors
“With a deep history of serving multi-generational clients, coupled with Goldman Sachs Custody Solutions’ ability to provide access to institutional-grade solutions, we believe Fortis Wealth Advisors, in collaboration with NewEdge Advisors, is well positioned to succeed in the independent space. We are excited that Goldman Sachs Custody Solutions can help the team continue delivering excellence.”
– Jeremy Eisenstein, Managing Director, at Goldman Sachs
“We were looking for an RIA to provide the infrastructure to support our continued growth in an environment that allows us the flexibility to enhance our client service. We were drawn to NewEdge Advisors’ robust portfolio management solutions, which drive significant time and cost efficiencies. Choosing Goldman Sachs Custody Solutions to safeguard our clients’ assets was not a choice we made lightly, and we are excited to offer their solutions and insights to our clients. Going independent will allow us to focus even more on what matters most to us, the client relationships we’ve built over the years.”
– Kris Cawthon, Fortis Founder and Director of Operations
