Bennett Gross is a CFA-designated registered investment advisor at Newedge Advisors, based in Los Angeles, CA, with 34 years of industry experience. Bennett operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 42,946 clients with $27B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
NewEdge Advisors manages investments through a wrap fee program. Clients pay a single annual fee, not to exceed 2.50%, which covers investment advice and custodial transaction costs. The fee is calculated based on the value of the account and is billed quarterly in advance. Fees are negotiable. Clients may pay more for the wrap fee service than they would for non-wrap services, depending on their account's trading activity.
Location
Los Angeles, CA
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Bennett serves as trustee of the Friedmann trust, distributing assets to Max Friedmann's grandchildren, with zero compensation. He also conducts advisory services through NewEdge Advisors, LLC, as an investment advisor representative, dedicating full-time hours to this activity.
Employment History
Current Registrations
Newedge Advisors
Previous Registrations
Jefferies Investment Advisers LLC
Jefferies LLCBroker
Leucadia Asset Management LLC
Sanctuary Advisors, LLC
L & S Advisors, INC
Ep Wealth Advisors
Pacific Income Advisers INC
Windward Capital Management CO
S. L. Reed & CompanyBroker
Laidlaw Equities, INC.Broker
Scudder Investor Services, INC.Broker
Morgan Stanley & CO., IncorporatedBroker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.