March 22, 2023

Bentonville advisor with $600 million AUM is first in Arkansas for NewEdge Wealth

Connecticut-based NewEdge Wealth, a registered funding adviser (RIA), has employed its first monetary advisor in Arkansas.

Hunter Gehring of Bentonville, who beforehand labored for Arvest Wealth Administration (AWM) in Lowell, formally began with NewEdge Wealth this month as a principal. He managed $600 million in shopper property at AWM, the wealth administration division owned by the Walton family-owned Arvest Financial institution of Fayetteville.

In a information launch, NewEdge Wealth stated Gehring would advance the agency’s property below administration and construct relationships with ultra-high web price purchasers. Jennifer Powell additionally joins NewEdge Welath as a shopper service affiliate within the Bentonville workplace.

NewEdge Wealth’s Northwest Arkansas workplace is on the sixth flooring of the Bentonville Plaza workplace constructing at 609 S.W. 8th St.

“Hunter has achieved a lot in his early profession,” stated Rob Sechan, CEO and co-founder of NewEdge Wealth. “We’re impressed together with his skillset and dedication to shopper service. Hunter will probably be an advisor to look at, and we’re glad his continued development will probably be spotlighted at NewEdge.”

In line with the discharge, Gehring was AWM’s youngest personal wealth advisor within the firm’s historical past and held all manufacturing information upon his departure. He was a shopper advisor for the corporate since 2017.

In 2021, the Northwest Arkansas Enterprise Journal named Gehring to its Quick 15 class.

“I’m honored to be part of the keenness at NewEdge Wealth,” Gehring stated. “I’ve lastly discovered a associate that may present the sources, analysis, and know-how that ultra-high web price purchasers deserve. I’m keen to indicate the Arkansas group what a brand new edge in wealth administration appears to be like like.”

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NewEdge Wealth is a division of NewEdge Capital Group, which companies over $32 billion in shopper property throughout a number of enterprise traces and helps over 300 monetary advisors servicing a number of thousand households, household places of work and establishments comprising greater than 75,000 shopper accounts.

NewEdge Wealth has further places of work in Coral Gables, Fla., Miami, Fla., Manhattan Seashore, Calif., Park Metropolis, Utah, Pittsburgh, Penn., and Stamford, Conn.