Glen Mintz: NewEdge Advisor Received $869K Complaint

A recent, closed investor complaint against Park City, Utah financial advisor Glen Mintz (CRD# 2189984) alleged that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker with NewEdge Securities and an investment advisor with New Edge Wealth.

Mr. Mintz’s BrokerCheck report discloses the recent investor complaint against him. Filed in June 2025, it alleged that as a representative of NewEdge Securities, he failed to follow the client’s objectives and risk tolerance, made unsuitable investment recommendations, over-concentrated the client’s portfolio in high-risk equities, and breached his fiduciary duty. The complaint alleged damages of $869,638 and was closed with no action taken.

A comment included with the disclosure defends Mr. Mintz against the complaint’s allegations. “The client was invested in a strategy managed by [him] that has consistently focused on small- and mid-cap equities both at NewEdge Wealth and [his] prior firm,” it explains. “The strategy’s philosophy and construction have remained consistent over time. Its relative performance has been impacted by broader market conditions and by the exclusion of certain sectors that have recently driven benchmark returns. The strategy was implemented in accordance with its stated investment approach.”

A second disclosure on his BrokerCheck report concerns his termination from UBS Financial Services. Filed in 2021, it states that the firm fired him in connection with allegations that it lost confidence after alleged failures to comply with management directives and demonstrated “an ongoing disregard for firm standards” regarding email use and mandatory training. “Mr. Mintz denies engaging in conduct that would reasonably have caused UBS to have a ‘loss of confidence’ in his ability to continue in his role,” it adds. “Mr. Mintz intends to pursue all appropriate legal options with respect to his termination from UBS.”

According to the Financial Industry Regulatory Authority, Glen Mintz holds 33 years of securities industry experience. Based in Park City, Utah, he has been registered as a broker with NewEdge Securities and an investment advisor with New Edge Wealth since 2021. His past registrations include UBS Financial Services, Bear Stearns & Company, Tucker Anthony, and DH Blair & Company. His credentials include the passage of four securities industry qualifying exams: the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the National Commodity Futures Examination, or Series 3; and the General Securities Representative Examination, or Series 7. He holds 31 state licenses. (Information current as of August 7, 2025.)

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