About Newport Group

Our Strength, Our History and Our People

Who We Are

Newport Group helps companies offer their associates a more secure financial future through retirement plans, insurance and consulting services. Newport Group offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. As a provider and partner, Newport Group is independent, experienced and responsive.

Newport Group at a Glance

Strength in Numbers
  • Total Number of Plans:
    21,000+Serving small, middle and large market clients.
  • Number of Plan Participants:
    1+ million
  • Corporate Retirement and Insurance Assets:
    $250+ billion
  • Employees:
    1,250
  • Offices Nationwide
  • Retirement Assets Under Administration:
    $100+ billion

All numbers as of 12/31/2018

Company History

A Timeline of our Growth
  • 2019
     
    Newport Group acquires the Vested Interest defined contribution plan recordkeeping business of PNC Bank.
  • 2018
     
    Newport Group acquires Kidder Benefits Consultants, and its affiliate Kidder-Lane Actuarial Services.  
  • 2018
     
    Newport Group acquires the retirement recordkeeping, administrative, and actuarial services business of People's United Bank.

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Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. Fiduciary consulting services are provided through Newport Group Securities, Inc., an SEC-registered investment adviser and FINRA-registered broker-dealer, and Newport Group Consulting, LLC, an SEC-registered investment adviser. Newport Group Securities, Inc. and Newport Group Consulting, LLC are affiliates of Newport Group, Inc. All securities transactions are provided through Newport Group Securities, Inc., in its role as broker-dealer. All fiduciary consulting services are provided through the registered investment advisers. When offering variable insurance products, Newport Group Securities, Inc. acts solely in its capacity as a broker-dealer. Trust and custody services provided by Newport Trust Company, a New Hampshire state chartered trust company and wholly owned subsidiary of Newport Group, Inc.