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Michael Scott Fomuke

NEW Edge Wealth

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About Michael Scott Fomuke

Michael Scott Fomuke is an investment advisor representative registered with New Edge Wealth. Michael Scott Fomuke has been in the industry since May 14, 2006. Michael Scott Fomuke has passed the Series 63, Series 7, Series 10, Series 9, Series 3 and SIE exams. Michael Scott Fomuke is registered to provide investment advice in 27 states and has had previous registrations with UBS Financial Services Inc., Morgan Stanley Smith Barney, Morgan Stanley & Co. Incorporated, Morgan Stanley Distribution, Inc., Morgan Stanley DW Inc. and Max International Broker/Dealer Corp.. Michael Scott Fomuke's specializations include: providing investment advice to high-net-worth individuals, corporations, trusts, and pooled investment vehicles.

Firm Information

Michael Fomuke is currently registered with NEW Edge Wealth. NEW Edge Wealth is a registered investment advisor headquartered in Stamford, CT. With over 80 investment professionals, the firm manages over $8.6 billion in assets for high-net-worth individuals, families, trusts, foundations, and institutional clients. They offer a comprehensive range of services, including financial planning, portfolio management, and pension consulting. The firm also provides investment advisory services to pooled investment vehicles, corporations, and other businesses. NEW Edge Wealth is committed to providing clients with personalized investment solutions designed to meet their specific financial goals.
NEW Edge Wealth

2200 ATLANTIC STREET

STAMFORD, CT 06902

$8.61B

Assets Under Management

18

Total Clients

84

Total Financial Advisors

Services Offered

Advisors offer a broad range of advisory services designed to meet the unique needs of individuals, businesses, and investment companies. These services provide professional guidance and personalized strategies to help clients achieve their financial goals.

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financial planning services

Comprehensive financial plans to help you achieve your personal and business goals.

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pension consulting services

Guidance on pension options to ensure a secure financial future.

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selection of other advisors

Helps you choose top advisors aligned with your financial goals.

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portfolio management for businesses

Custom portfolio management strategies for businesses to achieve long-term growth.

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portfolio management for individuals

Personalized portfolio management to meet individual financial objectives.

Fee Structure

Advisors may be compensated through a variety of fee structures, offering flexibility and transparency. This allows clients to choose the arrangement that best aligns with their financial objectives.

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fixed fees

Set rates for specific services, regardless of time or assets managed.

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commissions

Earned based on transactions or products sold.

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percentage of assets

A percentage of the total value of assets under management is charged.

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Michael Fomuke’s Registration & Firm History

UT

02/01/2022 - Present

NEW Edge Wealth (Park City UT)

UT

03/31/2011 - 03/16/2021

UBS FINANCIAL SERVICES INC. (SALT LAKE CITY UT)

NY

06/01/2009 - 03/22/2011

MORGAN STANLEY SMITH BARNEY (NEW YORK NY)

NY

07/17/2008 - 06/01/2009

MORGAN STANLEY & CO. INCORPORATED (NEW YORK NY)

NJ

12/19/2006 - 07/17/2008

MORGAN STANLEY DISTRIBUTION, INC. (JERSEY CITY NJ)

NY

06/29/2006 - 01/31/2007

MORGAN STANLEY DW INC. (PURCHASE NY)

NY

11/28/2005 - 01/26/2006

MAX INTERNATIONAL BROKER/DEALER CORP. (NEW YORK NY)

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Licenses & Designations

IA

Issued 11/22/2010

Series 65 - Uniform Investment Adviser Law Examination

BC

Issued 12/14/2005

Series 63 - Uniform Securities Agent State Law Examination

BC

Issued 07/01/2009

Series 10 - General Securities Sales Supervisor - General Module Examination

BC

Issued 04/03/2009

Series 9 - General Securities Sales Supervisor - Options Module Examination

BC

Issued 10/01/2018

SIE - Securities Industry Essentials Examination

BC

Issued 04/25/2013

Series 3 - National Commodity Futures Examination

BC

Issued 11/25/2005

Series 7 - General Securities Representative Examination

State Registrations

Active

Inactive

SRO Registrations

F

FINRA

N

Nasdaq Stock Market

Disclosures

There are no public disclosures for Michael Scott Fomuke.
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