Company News

Newport Group Again Ranked a Top DC Recordkeeper

Walnut Creek, CA—July 30, 2018—We are pleased to announce that the retirement industry’s leading publication has again named Newport Group one of the nation’s largest defined contribution recordkeepers.

Michael DiCenso Joins Newport Group as Executive Vice President

Walnut Creek, CA—June 19, 2018—Newport Group, a leading provider of retirement plans, insurance, and consulting services, announced today that Michael DiCenso has joined the organization as Executive Vice President.

Newport Group Secures New Investment Partner in Kelso & Company

Walnut Creek, CA—June 8, 2018—Newport Group, a leading provider of retirement plans, insurance, and consulting services, announced today that the company has reached an agreement with the private equity firm Kelso & Company (Kelso). Kelso will make a significant investment in Newport Group and provide access to capital to help fund the future growth of the company. 

Nicole McKay joins Newport Group as Regional Director for Non-Qualified Plans in the Midwest

Walnut Creek, CA—April 27, 2018—Newport Group, a leading provider of retirement plans, insurance, and consulting services, announced today that Nicole McKay has joined the organization as Regional Director for Non-Qualified Plans in the Midwest territory, as well as a Senior Relationship Manager for the company's bank-owned life insurance (BOLI) clients.

Vanguard Chooses Newport Group as its Non-Qualified Plan Administration Partner

Walnut Creek, CA—April 25, 2018—We are pleased to announce that Vanguard has selected Newport Group as a partner to provide comprehensive administration to their non-qualified plan clients.

Newport Group Once Again Recognized by Plan Sponsors

Newport Group has once again participated in Plansponsor magazine's annual Defined Contribution Survey, and we are pleased to announce that we have achieved another impressive showing in this survey.

A Major Milestone: One Million Plan Participants

We are pleased to announce that Newport Group has achieved a major milestone: providing service to more than one million retirement and benefit plan participants.

Newport Group Completes Acquisition of Institutional Trust and Independent Fiduciary Business

Oct. 19. 2017Newport Group, a leading provider of retirement, insurance and consulting services, announced today that it has completed its acquisition of Evercore Trust Company’s institutional trust and independent fiduciary business.

Frank Randall joins Newport Group Sales Team as Regional Director for the Northeast

Frank Randall has joined the Newport Group Sales Team as Regional Director for the Northeast territory. He will report to Senior Vice President of Institutional Sales Micah DiSalvo. Mr. Randall will be responsible for developing business relationships and identifying market opportunities. In this role, he will promote Newport Group’s qualified plans in New York, New Jersey, and Pennsylvania.

Newport Group Ranked a Top DC Recordkeeper

We are pleased to announce that the retirement industry's leading publication has again named Newport Group one of the nation's largest defined contribution recordkeepers.

Unauthorized access is prohibited. This site is designed for U.S. residents only.
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.