Trace Shapiro is a Private Wealth Advisor, Managing Director and Co-Founding Principal for the NewEdge Wealth office in Fort Lauderdale, Florida, where he and his team serve a select number of high-net worth individuals, business owners, real estate investors and their families. Trace is known for having a client-centric approach and the ability to simplify many of the complex financial decisions families face throughout their lifetime. By first taking the time to understand each client’s unique circumstances and goals, Trace and his Team then specialize in optimizing a family’s overall balance sheet through the implementation of actively managed investment portfolios, custom lending solutions, tax mitigation and/or estate planning strategies based upon each client’s financial objectives.
Prior to joining NewEdge Wealth, Trace spent more than 15 years in wealth management with the most recent and majority of his career as Senior Vice President and Private Client Advisor with Bank of America Private Bank (formerly U.S. Trust). During his tenure he worked closely with affluent families and entrepreneurs by coordinating the overall management of their banking, lending, investment portfolios and wealth planning solutions. Earlier in his career, he worked as a both a Trader and Financial Consultant for Fidelity Investments before becoming a Financial Advisor and later a Sales Manager with Merrill Lynch.
Trace earned a Bachelor of Science in both Finance and Real Estate from Florida State University. Trace is a member of the Greater Fort Lauderdale Chamber of Commerce, the Florida State University Seminole Booster Club and the Pine Crest School Alumni Association. He is also a graduate of Leadership Fort Lauderdale Class XXII.
Trace was born and raised in South Florida and resides currently with his family in Lighthouse Point, Florida. Outside of work he enjoys traveling, adventuring outdoors, cooking, following South Florida sports and spending time with his two children.
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