New Account Analyst

NewEdge Capital Group LLC; New Orleans (LA); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Health benefits

Dental benefits

Vision benefits

Short-term disability

Long-term disability

Life insurance

PTO

401(k) match

Job summary

NewEdge Advisors, the RIA affiliate of NewEdge Capital Group, seeks a detail-oriented New Account Opening/Repapering Analyst. This role supports onboarding for accounts across Fidelity, Schwab, Raymond James, LPL Financial, Goldman Sachs, and fund sponsors, ensuring accuracy and regulatory compliance during openings and transitions.

You will handle data intake, document delivery, and back-office processing while traveling on-site as needed to distribute paperwork and support transfers.

Qualifications

• Bachelor’s degree in a related field preferred, or an equivalent combination of education and work experience.
• Proficient with Microsoft Word, Excel, and Outlook.
• Ability to adapt to an ever-changing work environment and operational processes.
• Ability to manage multiple tasks simultaneously while maintaining quality and accuracy.
• Excellent written, verbal, interpersonal, and organizational skills.
• Ability to work independently or as part of a team, with strong time management.

Responsibilities

• Assist data intake and entry, form population, document delivery to clients, and new account opening during transitions.
• Travel onsite as needed to support paperwork distribution and transfers.
• Review and establish new accounts in accordance with policies and procedures.
• Perform back-office functions such as data entry and transfer processing.
• Respond to client and advisor requests promptly and accurately.
• Maintain compliant account documentation with custodians.

Skills

Microsoft Office

Adaptability

Multitasking

Time management

Independent worker

Team player

Communication

Education

Bachelor’s degree in a related field preferred

Tools

Fidelity IWS

Schwab

Raymond James

LPL Financial

Goldman Sachs

Quantum

Orion

Salesforce

Job description

We're seeking a detail-oriented New Account Opening/Repapering Analyst to serve as the paperwork and account opening specialist for NewEdge Advisors, the RIA affiliate of NewEdge Capital Group. This role supports account opening and transitions for accounts held at Fidelity (IWS), Schwab, Raymond James, LPL Financial, & Goldman Sachs as well as accounts held directly at various fund sponsors, ensuring accounts are opened, maintained, and processed efficiently and in accordance with regulatory standards and internal policies.

Duties/Responsibilities

• Transitions & Onboarding
  • Support the transition process with onboarding of new financial advisor teams’ accounts to NewEdge Advisors.
  • Assist with data intake and entry, form population, document delivery to clients, and new account opening during transitions.
  • Travel onsite as needed to support paperwork distribution, account opening, and transfer submission.
• Account Opening & Processing
  • Understand and apply the new account workflow for generating client paperwork.
  • Review and establish new accounts in accordance with policies and procedures.
  • Perform back-office functions such as data entry and transfer processing.
• Respond to client and advisor requests promptly and accurately.
• Provide guidance and intervention when needed, working collaboratively with associates, advisors, managers, and end-clients.
• Compliance & Documentation
  • Liaise with back-office staff and custodians to ensure accurate, compliant account documentation and delivery of firm and advisor compliance documents.
  • Maintain appreciation for and adherence to applicable rules and regulations.

Required Skills/Abilities

• Fundamental knowledge of Microsoft applications including Word, Excel, and Outlook.
• Ability to adapt to an ever-changing work environment and operational processes.
• Ability to quickly develop the skills or knowledge needed to support a new product or procedure.
• Ability to manage multiple tasks simultaneously while maintaining quality and accuracy.
• Ability to perform assigned functions within established timeframes.
• Excellent written, verbal, interpersonal, and organizational skills.
• Ability to work independently or as part of a team, with strong time management.
• Dependable, professional, and advisor-focused.
• Bachelor’s degree in a related field preferred, or an equivalent combination of education and work experience.

Preferred Skills

• Experience with Fidelity (IWS), Schwab, Raymond James, LPL Financial, & Goldman Sachs or similar custodial platforms.
• Familiarity with Quantum, Orion, Salesforce, or custodial platforms a plus.
• Prior experience in RIA or Broker Dealer operations or Sales Support setting.
• Passion for process improvement and cross-team collaboration.

About the Organization • Who We Are

NewEdge Capital Group provides best-in-class technology-enabled solutions and support services to financial advisors and their clients. Comprised of NewEdge Wealth, NewEdge Advisors, and NewEdge Securities, they have over $100 billion in client assets and support over 450+ financial advisors servicing several thousand households, family offices and institutions comprising more than 75,000 client accounts.

What We Offer

• Compensation will be comprised of a base salary and an opportunity to qualify for bonus(es) or commissions.
• NewEdge Capital Group's benefit package includes health, dental, vision, short-term disability, long-term disability, life insurance, PTO and 401(k) match (after applicable waiting periods).

EOE Statement NewEdge Capital Group, along with its subsidiaries, is an equal opportunity employer and does not unlawfully discriminate against employees or applicants for employment on the basis of an individual’s race, color, religion, creed, sex, sexual orientation, national origin, age, disability, marital status, veteran status or any other status protected by applicable law.