Rebecca Schrumm
Rebecca Schrumm is a CFP-designated registered investment advisor at Newedge Advisors, based in Newburyport, MA, with 21 years of industry experience. Rebecca 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
7 Prince Place, Suite 202, Newburyport, MA, 01950
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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 ActivitiesSells Insurance
Rebecca sells non-variable insurance products, including fixed annuities, whole life, term, universal life, disability, and health insurance. She also works with Brandt Wealth Advisors as a DBA for LPL business, spending nearly full-time hours during securities trading, and provides investment advisory services through NewEdge Advisors, LLC, dedicating nearly full-time hours.
Employment History
Current Registrations
Newedge Advisors
LPL Financial LLCBroker
Previous Registrations
Flagship Harbor Advisors, LLC
MML Investors Services, LLCBroker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations12 states
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