NEWPORT CAPITAL GROUP, LLC

RIASEC RegisteredEst. 2007

Total AUM

$1.3B

Discretionary

$401M

31% of AUM

Avg account

$3.1M

Accounts

414

Employees

Advisory reps

Firm details

Headquarters: RED BANK, New Jersey
CRD number: 144442
Registered since: September 18, 2007
Website: newportcapitalgroup.com
Custodians: THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees
Client types: Pension & Profit Sharing Plans68.49%
HNWI28.84%
Individuals1.41%
Corporations / Businesses0.66%
Charitable Organizations0.46%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Newport Capital Group, LLC is an SEC-registered investment adviser formed in 2007 that manages capital for both high-net-worth individuals and institutions. The firm operates as a capital allocator and provides a mix of financial planning and portfolio management services across individual, pooled vehicle and institutional mandates. Its advisory offering includes selection of other advisers and pension consulting work, and its fee model is flexible — covering percentage-of-AUM, hourly, fixed-fee and performance-based arrangements. Investment activity shows a clear preference for public funds and mutual funds as primary vehicles, while the firm also allocates to third-party alternative managers. Newport Capital Group is not positioned as an ESG-focused advisor. The firm has an industry recognition listed as a Top RIA Firms feature in FA Magazine in 2020.