Working At NewRiver: Company Overview and Culture

Q: How much money does NewRiver make?

NewRiver generates $159.7M in revenue.

Q: What industry is NewRiver in?

NewRiver is in the real estate investment trust industry.

Q: Who are NewRiver's competitors?

NewRiver competitors include Issuer Direct, Electra Information Systems, Baker Hill, Jde, Primatics Financial, Advanced Receivables Strategy Inc, Keane, Russell Investments, Penson Financial Services, Liquidnet, Euronet Worldwide, MBO Partners, Fannie Mae, Mortgage Cadence, an Accenture Company, Polaris Partners, Nasdaq, StoneTurn, Stonehenge Capital Co LLC, Northern Trust, Quantitative Risk Management.

Q: Where is NewRiver's headquarters?

NewRiver's headquarters is in Andover, MA.

NewRiver overview

Industry

Real Estate Investment Trust

Revenue

$159.7M

Headquarters

Employees

750

Founded In

2009

Website

Organization Type

Public

CEO

Allan Lockhart

NewRiver develops innovative technology solutions that help financial leaders simplify investor disclosure - providing transparency and cost savings to the delivery of fund data and investor communications. Since 1995, the company has helped some of the world's leading financial organizations move from paper to electronic disclosure via an easy to use, cost-effective, managed service offering. NewRiver pioneered the first electronic prospectus, and is the only company to guarantee its data to be "compliance grade" which allows customers to reduce risk, lower compliance costs and increase revenues. Through a patent-pending, automated process NewRiver efficiently monitors millions of data points from over 24,600 fund CUSIPs. Further, the company's unique "paperless" approach improves the investor experience while offering a real alternative to the environmental impact of paper-only delivery. Relied on daily by over 100 leading financial services firms, and millions of investors, NewRiver is a trusted and growing solution provider facilitating the transition from paper-based mutual fund information, to electronic.

The staff at NewRiver come from unusually diverse demographic backgrounds. The company is 32.4% female and 37.7% ethnic minorities. NewRiver employees are more likely to be members of the Democratic Party than the Republican Party, with 63.0% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at NewRiver is relatively high. Employees at NewRiver stay with the company for an average of 2.3 years before leaving.The average employee at NewRiver makes $81,230 per year. Pay at NewRiver is significantly lower than some of its highest paying competitors, like Fannie Mae, Penson Financial Services, and Nasdaq, which pay $109,130, $102,656, and $102,112, respectively.

NewRiver is a medium finance company with 750 employees and an annual revenue of $159.0M that is headquartered in Massachusetts.

NewRiver salaries

6.3

Salary Score

The average a NewRiver salary in the United States is $81,230 per year. NewRiver employees in the top 10 percent can make over $152,000 per year, while NewRiver employees at the bottom 10 percent earn less than $43,000 per year.

Average NewRiver Salary

$81,230

yearly

$39.05 hourly

Updated March 14, 2024

$43,00010%

$81,000Median

$152,00090%

Rank	Company	Average Salary	Jobs
1	Federal National Mortgage Association	$109,130	146
2	Penson Financial Services	$102,656	0
3	Nasdaq	$102,112	90
4	MBO Partners	$98,962	3
5	Northern Trust	$97,713	597
6	Quantitative Risk Management	$96,424	0
7	Euronet Worldwide	$96,166	49
8	Primatics Financial	$91,395	0
9	Mortgage Cadence, an Accenture Company	$91,185	0
10	Keane	$85,819	1

Rank