Company News

Newport Achieves High Rankings in PLANSPONSOR Recordkeeping Survey

PLANSPONSOR magazine, a premier monthly publication reporting on the retirement industry, has again ranked Newport among the nation’s largest and fastest growing defined contribution recordkeepers.

Newport to Strengthen Huntington Partnership, Acquire Its Recordkeeping and Administration Business

Newport announced that it has entered into an agreement with Huntington National Bank to assume its retirement recordkeeping and administration business. Huntington will continue to serve as plan advisor for its retirement plan services clients.

Clay Kennedy Joins Newport as Regional Director

Newport, a leading provider of retirement plan services, has announced that Clay Kennedy has joined the organization as a Regional Director.

Newport to Assist Clients by Offering Vital 3(16) Administrative Fiduciary Services at No Cost

Newport is offering cost-free 3(16) administrative fiduciary services as a way to assist clients and their human resource departments as they respond to issues stemming from the coronavirus (COVID-19) pandemic.

How Newport is Responding to COVID-19

Newport is focused on serving clients and retirement plan participants while also doing what we can to protect the health and well-being of our employees and communities.

Keeping You Informed on Newport’s Response to Coronavirus (COVID-19)

Amid growing concerns about coronavirus (COVID-19), we want you to know that our company is committed to providing a high level of service. We have been working to mitigate any potential impact to our clients and advisor partners, as well as protecting our employees and the communities in which we live and work.

Taking Precautions: How Newport is Responding to Coronavirus (COVID-19)

The health and safety of our clients and employees are top of mind amid concerns about coronavirus (COVID-19). That’s why we wanted to share with you information on how we are proactively monitoring the situation, and the steps we are taking to help ensure that we operate safely and effectively. 

New Product News for Advisors - Q1 2020

What’s new at Newport? We’re keeping you informed each quarter of our latest products and services.

Kieran Brady Joins Newport as Chief Financial Officer

Newport announced today that Kieran Brady has joined the organization as Chief Financial Officer, leading the company’s finance team. Mr. Brady will be based in the company’s Walnut Creek, California headquarters. 

Newport Awarded 70 “Best in Class” Honors in PLANSPONSOR DC Survey

Newport earned 70 “Best in Class” awards in PLANSPONSOR magazine’s 2019 Defined Contribution Survey. The company was also #1 in total awards for those markets in which we compete.

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Newport Group, Inc. (“NGI”), an Ascensus Company, and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services.

Securities are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Other insurance products may be offered by NGI. For more information, please visit - www.ascensus.com

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, an SEC registered investment adviser and subsidiary of NGI. For more information about Newport Group Consulting and its services, please visit newportgroup.com or refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905 or adviserinfo.sec.gov.

Newport Trust Company is a New Hampshire state-chartered trust company and wholly owned subsidiary of NGI. Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans.

The views expressed herein are those of NGI and are current only through the date indicated. These views are subject to change at any time based upon market or other conditions, and NGI disclaims any responsibility to revise these materials to reflect updated views. These views may not be relied upon as investment advice and, because investment decisions for NGI are based on many factors, may not be relied upon as an indication of trading intent.