Our mission is to provide you outstanding service and robust tools to help put you on the path for financial independance. We are committed to putting all of our resources into helping you accomplish your goals, communicating with complete transparency so that you are always aware of what's happening with your money. As we partner with you in pursuing your goals, we want you to understand your investments. We guide you in making investment decisions that support your values. Our focus is on developing meaningful, life-long relationships that are based on trust, loyalty, integrity and dignity.
Andrew Newman
Vice President
Andrew Newman is Vice President at Newman Wealth Management Advisors. Specializing in analyzing and customizing portfolios, Andrew carefully integrates clients' goals, objectives, time horizons, risk levels, and liquidity needs into their financial plans.
After earning a Bachelor's degree in Communications with a Minor in Psychology, Andrew worked in the promotional marketing field before working for Barclay Center/Brooklyn Nets for several years. When an opportunity came to embark on a career in finance, he shifted his career path to join forces with his father, Joe Newman, at Harbour Bridge Wealth Management (Wells Fargo Advisors Financial Network). Later Andrew and Joe established Newman Wealth Management Advisors. He holds Series 7, 63 and 65 registrations held through LPL Financial as well as Health, Accidental and Life Insurance licenses.
Known for his outstanding work ethic and broad knowledge base, Andrew is always ready to go the extra mile to help clients. Developing meaningful relationships is the most satisfying aspect of his work. He enjoys sharing advice that provides clients with opportunities to improve their financial situation and develop a deep understanding of their investments. He reaches across generations in establishing investment portfolios for parents and their children, adapting portfolios to reflect the unique needs of each individual.
A New Jersey native, Andrew lives in Caldwell, New Jersey, with his wife, Dory, their two children, Brody and Remy, and their two dogs, Izzy and Dusty. He regularly plays softball and golf and enjoys spending time with his family and friends.
Joseph Newman
Managing Director
Joseph S. Newman is the Managing Director at Newman Wealth Management Advisors. As a financial professional with over 35 years of experience in the industry, Joe specializes in building and managing portfolios. He offers invaluable knowledge and depth of experience in the field.
After earning a Bachelor degree in History from Wagner College, Joe ran his own business for several years before starting his career in the financial industry. He served in some of the most prominent firms, including Gibraltar Securities, Shearson Lehman Brothers, Smith Barney, Prudential Securities, Wachovia Securities, Raymond James and Wells Fargo. He holds his series 7 and 63 securities registrations held through LPL Financial as well as insurance licenses in health, long term care, life and annuities.
Joe works closely with clients to identify their individual needs and then aligns plans to support their goals. Dedicated to designing customized portfolios, Joe carefully listens to clients and then draws from his broad experience to develop appropriate recommendations. He genuinely cares about his clients and strives to be an honest, sincere, and trustworthy guide. Many clients have become Joe's trusted, lifelong friends.
Joe and his wife, Marsha, live in Lake Hiawatha, New Jersey, where they raised their two sons, Matthew and Andrew. Proud grandparents of five grandchildren, Joe and Marsha enjoy traveling together and spending time with their family. Joe is an avid golfer and loves to read.
General Information |
Firm Start Year: | 2020 | |
Insurance License#: | 1626251 |
States Licensed in: | CA, CO, CT, FL, IL, MA, MD, MI, NC, NH, NJ, NY, PA, TX, VA, VT, WA. |
Number of Years with Current Firm: | 2 |
Work with the following types of clients: | Individual Investors |
Foreign Languages Serviced: | English |
Advisory Services Provided: | Investment Advice & Management, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Financial Planning for Individuals, Financial Planning |
Services |
Investment Types: | Exchange Traded Funds (ETFs), Annuities, Stocks, Mutual Funds |
Can meet clients in the following ways: | Your Home, Our Office, Your Office, Phone, Video Conference |
Qualifications & Memberships |
Insurance and Annuity Licenses: | Accident, Health, Life |
Firm Information |
Advisor's Number of Clients: | 104 |
Advisor's Number of Managed Clients: | 260 |
Assets Managed by Advisor: | 59,070,882 |
Compensation and Fees |
Fee Structure: | Fee-Based |
Minimum Portfolio Size for New Managed Accounts: | $50,000 |
Compensation Methods: | Based on Assets |
Fee % Based on Assets: | 1% |
FAQs |
Do you have a customer satisfaction or refund policy?No |
Why should I choose you as my financial advisor?With over 35 years of combined professional experience in the financial industry, our team at Newman Wealth Management Advisors is prepared to handle your unique needs. As a family business, we are a team dedicated to you, working closely together to create strategies designed to promote lasting change in your lives. We go beyond businesswe care about your life, your dreams and your happiness. |
What are your qualifications? What is your education background?Series 7, 63 and 65 registrations held through LPL Financial as well as Health, Accidental and Life Insurance licenses. University of Rhode Island - Bachelor degree in Communications with a Minor in Psychology |
How do you charge for your services?We are compensated through fee-based program. The fee is paid from the clients account. |
How are you compensated? How will I pay for your services?We are compensated through fee-based program. The fee is paid from the clients account. |
Disclosures |
WiserAdvisor provides referrals to financial professionals of LPL Financial, LLC (LPL). WiserAdvisor is not a current client of LPL for brokerage or advisory services. Financial professionals of LPL pay WiserAdvisor cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. LPL ADV 2A https://www.lpl.com/content/dam/lpl-www/documents/disclosures/A58.pdf Additional Detailed Disclosures |
Disclaimer |
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and Newman Wealth Management Advisors are separate entities from LPL Financial. The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. |
Registered Investment Advisor:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
Mon. | 9:00 AM - 6:00 PM |
Tue. | 9:00 AM - 6:00 PM |
Wed. | 9:00 AM - 6:00 PM |
Thu. | 9:00 AM - 6:00 PM |
Fri. | 9:00 AM - 6:00 PM |
CA, CO, CT, FL, IL, MA, MD, MI, NC, NH, NJ, NY, PA, TX, VA, VT, WA. |
![]() |