NewSquare Capital manages investment portfolios and provides asset allocation services for individuals, high-net-worth clients, and institutional investors. NewSquare builds globally diversified portfolios using exchange-traded funds, individual stocks, and bonds, often working alongside representatives from MML Investor Services. Clients' accounts are held at major custodians like Charles Schwab and Fidelity. NewSquare offers various investment strategies ranging from cash management and strategic asset models to dividend-focused equity models and specialized sub-advised options like direct indexing and options strategies. NewSquare operates primarily on a bundled fee arrangement that covers management and brokerage services.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.35% |
Fees vary by investment strategy ranging from 0.15% to 0.65% for NewSquare strategies, plus additional fees for specialized sub-advised programs. Total program fees are capped at 1.75%.