Core Insights - NewEdge Capital Group has appointed James Jesse as the new CEO to enhance its operations and growth strategy [1][4] - The firm has achieved its strongest recruiting year, increasing assets under management to over $80 billion [2][3] - Jesse brings extensive experience from Iconiq Capital and Morgan Stanley, where he held significant leadership roles [3][5] Company Overview - NewEdge Capital is a wealth management division of Edgeco Holdings, focusing on independent advisory services and high-net-worth clients [2][5] - The firm operates two main platforms: New Edge Advisors, which is expanding its W-2 employee model, and New Edge Wealth, targeting upper-high-net-worth and institutional clients [2] Leadership and Strategy - James Jesse's appointment is aimed at scaling NewEdge's operations while maintaining a client-centric approach [4][5] - Co-founder Chuck Warden emphasized the importance of independence in their business model, which Jesse is expected to help execute [5] Additional Information - EdgeCo Holdings also owns AmericanTCS, which provides various financial services including custody and retirement solutions [6]