Newbridge Financial Services Group, Inc. (hereinafter “NFSG”) is an SEC registered investment adviser
based in Boca Raton, Florida. We are a corporation organized under the laws of the State of Florida. NFSG
has been registered with the SEC since 2007. The firm’s principal owner is Newbridge Financial, Inc. which
is also the parent company to Newbridge Securities Corporation (“NSC”), a securities broker-dealer and
member firm of the Financial Industry Regulatory Authority (“FINRA”). Newbridge Financial, Inc. is
primarily owned by Guy S. Amico and Scott H. Goldstein.
As of December 31, 2023, we manage $396,578,803 in Client assets on a discretionary basis, and
$169,668,351 in Client assets on a non-discretionary basis.
We provide the following services:
Asset Management Services
Selection of Third-Party Managers
Financial Planning
The following paragraphs describe what we do and what we charge. Each investment advisory service is
listed below and describes how we tailor our advisory services to your individual needs. Also, you may see
the term Associated Person throughout this Brochure. As used in this Brochure, this term refers to anyone
from our firm who is an officer, employee, and all individuals providing investment advice on behalf of
our firm.
Wrap Fee Program
NFSG’s “wrap fee program” is a program that offers participants a suite of services such as asset allocation;
portfolio management; trade execution; and certain administration activities, all for a single fee – typically
an asset-based percentage of the account. The wrap fee brochure provides clients with disclosure
information about the wrap fee program.
NFSG manages client portfolios on either a discretionary or non-discretionary basis. NFSG receives a
portion of the wrap fee for its services. We tailor our advisory services to the individual needs of clients.
Investment recommendations are determined based upon the analysis of the client’s investment
objectives, risk tolerance, net worth, net income, age, time horizon, tax situation and other suitability
factors. Restrictions and guidelines imposed by the client may affect the composition and performance of
custom portfolios (as a result, performance of custom portfolios within the same investment objective
may differ and the client should not expect that the performance of his/her custom portfolios will be
identical to any other individual’s portfolio performance). We then monitor your portfolio’s performance
on an ongoing basis and rebalance the portfolio whenever necessary due to changes that occur in market
conditions, your financial circumstances, or both.
As referenced above, NSFG offers discretionary and non-discretionary Asset management services to our
clients and prospective clients. Discretionary portfolio management services means that once the
portfolio has been agreed upon, the ongoing supervision and management of the portfolio will be our
responsibility. This authority is granted to us by you in a written agreement. This allows our firm to decide
on specific securities, the quantity of the securities and the execution of buy or sell orders for your account
without obtaining your approval for each transaction. This type of authorization is done using either the
investment advisory agreement you sign with our firm, a limited power of attorney agreement, or trading
authorization forms. You may limit this authority by setting a limit on the type of securities that can be
purchased for your account. Simply provide us with your restrictions or guidelines in writing. The non-
discretionary portfolio management service means that we must obtain your approval prior to making
any transactions in your account.
We create your investment portfolio depending upon what we decide would work best for you. Generally,
we customize your investment portfolio by investing in a diversified portfolio consisting of equities,
exchange traded funds (ETFs) and/or exchange traded notes (ETNs), mutual funds, fixed income securities,
and other types of investments as deemed appropriate for your risk profile and investment goals. Our
investment approach involves selectively allocating assets among various asset classes in a manner that
is consistent with your risk tolerance and return objectives.
Selection
of Third-Party Managers
NFSG has entered into agreements with various TPAMs (“Third-Party Asset Managers”) for the provision
of certain investment advisory services. NFSG will provide individualized advisory services to their clients
through the selection of a suitable TPAMs. Factors considered in the selection of a TPAM include but may
not be limited to: i) NFSG’s preference for a particular TPAM; ii) the client’s risk tolerance, goals and
objectives, as well as investment experience; and, iii) the amount of client assets available for investment.
In order to assist clients in the selection of a TPAM, an Associated Person of NFSG will typically gather
information from the client about the client’s financial situation and investment objectives.
NFSG may select a TPAM for the management of a portion of or your entire portfolio. Portfolio
customization is achieved by blending traditional investment strategies with an allocation to asset classes.
The investment strategy may embrace value, growth or contrarian investing styles. Typically, the TPAM
will exercise discretion in the management of client accounts. This means that the manager selected will
have the ability to buy and sell securities in your account without obtaining your approval.
NFSG has arrangements with three types of TPAMS: Sub-Advisor, Promoter or Co-Fiduciary. The type of
TPAM program will determine the level of service provided by NFSG and the TPAM. NFSG currently
recommends the following TPAMS to clients:
Promoter TPAMs
• Bellatore Financial, Inc.
• The Pacific Financial Group
Sub-Advisor TPAMs
• Atomi Financial Group Inc., DBA Alternativ Wealth
Co-Fiduciary TPAMs
• Claraphi Advisory Network, LLC
Promoter TPAMs: In a Promoter arrangement, NFSG refers Clients to a TPAM, which is solely and
exclusively responsible for providing ongoing investment advisory services and asset management. NFSG
is compensated for referring clients as a promoter to TPAMs for assisting in the establishment and
ongoing administration of client’s relationship with the TPAM. NFSG does not provide ongoing investment
advice or serve as a fiduciary under a promoter arrangement with a TPAM. Under this arrangement, client
enters into an agreement with TPAM only. A Promoter disclosure would be provided to the client detailing
the arrangement between NFSG and TAPM.
Sub-Advisor TPAMs: In a Sub-Advisor arrangement, the TAPM is responsible for asset management. NFSG
is the primary investment advisor and serves as a fiduciary in accordance with the Investment Advisors
Act of 1940. NFSG may recommend specific investments, model portfolios, or strategies as well as
conduct ongoing supervision and monitoring of client’s portfolio. Clients enter into an agreement with
NFSG detailing the roles of the Advisor and the client.
Co-Fiduciary: NSFG enters into Co-Fiduciary arrangements with 3rd parties. In these arrangements, NSFG
is the Investment Advisor and the 3rd party is retained by NSFG to serve as the Investment Manager
(“IM”). The Investment Advisor and IM are both acting as fiduciaries with respect to the client accounts,
meaning they are both required to put the interests of the clients above their own in connection with the
management and administration of the account. As the Investment Advisor, NSFG determines the
suitability of services to be provided by the IM and the IM will oversee and implement the investment
strategies chosen and communicated by NSFG on a discretionary basis for the benefit of NSFG’s clients.
You may obtain a copy of a TPAMs Form ADV Part 2A by visiting
https://adviserinfo.sec.gov/ or upon
request from the TPAM.
Financial Planning
A financial plan is a comprehensive statement of an individual's long-term objectives for security and well-
being and a detailed savings and investing strategy for achieving those objectives. Clients purchasing this
service will receive a written report detailing a financial plan designed to reach his or her stated financial
goals. Implementing the financial plan is solely at the client’s discretion.