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 a privately held advisory firm organized as an LLC and registered with the SEC since 2007. The firm positions itself as a capital allocator serving individual and family clients as well as institutional accounts. Its advisory services include financial planning, portfolio management across individuals, pooled vehicles and institutional mandates, selection of other advisers, and pension consulting. Newport bills through a mix of percentage-of-AUM, hourly, fixed-fee and performance-based arrangements. On the operational side the firm is active as a sponsor and managing member of pooled investment vehicles and lists broker-dealer affiliations and GP roles among its industry activities. The firm does not identify as an active ESG investor.