re: Who are Louisiana's biggest "in state" money managers

Not correct. I work directly with 2 of the 3 founders. The name was changed from Goss Advisors to NewEdge Advisors in a PE deal, but still has the main office on Camp St. in New Orleans and still run by the same founders.

Thank you did not know this, website says Pittsburgh-are most of the people in MSY?

So I reviewed their form ADV and basically they own dozens of brokers around the country that have 28,000 clients and around $12 billion (avg 400,000k per person)- so the people in MSY appear to be overseers for dozens of firms and are not actively managing money, they are managing firms.

NOT saying they are not a good firm, do not know but they are not institutional asset managers. They have 1 CFA in all of leadership and neither CEO even has an MBA. Again, may be a great firm- but it's retail.