NewEdge Wealth Hires Trevor Beaney in Coral Gables

The wealth management firm recruited a Florida Atlantic Securities leader as a partner at its Coral Gables office.

Updated on Nov. 5, 2026 in People

Isometric editorial illustration of a single low-rise cream and terracotta office block with arched windows beside a palm tree, representing a South Florida wealth management office. — NewEdge Wealth recruited Trevor Beaney, chief executive of Florida Atlantic Securities, as a partner in its Coral Gables office, deepening its South Florida footprint. AI Illustration. Upload story photo >

NewEdge Wealth recruited W. Trevor Beaney as a partner at its Coral Gables office, and Kristie Feliz Smith joined the same office as a client service associate. Beaney is chief executive of Florida Atlantic Securities Corp. in Miami, which oversees more than $1 billion in total client assets.

Why it matters

The hire deepens NewEdge Wealth's footprint in South Florida's wealth management market as the firm continues to expand across the region. Beaney said partnering with NewEdge provides support for his next phase of growth.

NewEdge Wealth counts more than 75 ultra-high-net-worth advisors across 22 offices, while Beaney's Florida Atlantic Securities oversees more than $1 billion in client assets. Beaney previously managed $650 million in investment assets at Morgan Stanley, and the terms of his new partnership were not disclosed.

The players

NewEdge Wealth

A wealth management firm that has expanded its ultra-high-net-worth advisor network across multiple states in recent months.

W. Trevor Beaney

A longtime wealth manager who has led Florida Atlantic Securities Corp. since 2019 and previously worked at Morgan Stanley.

The details

Beaney started his wealth management career at Morgan Stanley in 2006 and joined Florida Atlantic Securities as a vice president in 2012 before being named CEO in 2019. NewEdge Wealth has recently expanded into Tennessee, Georgia, Texas, Ohio and Minnesota, and earlier this year widened its Florida footprint with a high-net-worth Merrill Lynch team.

2006: Beaney begins his wealth management career at Morgan Stanley.
2012: Beaney joins Florida Atlantic Securities as a vice president.
2019: Beaney is named chief executive of Florida Atlantic Securities.
Earlier in 2026: NewEdge widens its Florida footprint with a Merrill Lynch team.
November 5, 2026: NewEdge announces Beaney's partner hire in Coral Gables.

Market Landscape

NewEdge Wealth's Coral Gables hire follows a run of recent teams added in Tennessee, Georgia, Texas, Ohio and Minnesota, reflecting a broader push by independent wealth firms to build regional footholds. Adding a regional broker-dealer chief executive positions the firm to compete more directly for South Florida high-net-worth clients.

Clients of Florida Atlantic Securities and prospective NewEdge clients in Coral Gables may see changes in advisory services as the partnership takes shape. The hire adds advisory options for South Florida households seeking ultra-high-net-worth wealth management.

The takeaway

Investors evaluating wealth managers should ask how advisors' books of business and client assets will be handled when teams change firms. Reviewing a firm's office footprint and advisor credentials can help clarify who will manage your assets day to day.