Company News

An Update on Our Unification with Ascensus

Jul 01, 2022

Just three months ago we began the journey to combine the unique strengths of Ascensus, Newport, and PAi -- striving to create a larger, stronger, and more capable company aligned around the noble purpose of delivering a complete range of industry- leading products and services to our clients and helping more savers save more for what matters.

In recent weeks we’ve taken important steps to leverage the increased scale, capabilities, and expertise that our heritage organizations have historically provided with a focus on bringing our talent together across key corporate functions. These integrated teams – which include technology, finance, human resources, marketing, and legal, risk, and compliance – enhance our ability to serve you and your savers, promote efficiency and innovation, and accelerate best practice sharing across the company.

As we undertake the early stages of our unification, we will continue to provide updates on key initiatives and developments to ensure you are aware of the thought, investment, and commitment we are making to develop the best products, services, and experiences in the retirement and benefits marketplace. 

Feel free to contact your dedicated client representative with any questions or needs, or if we ever can provide additional information about our services, capabilities, and expertise.

As always, thank you for your confidence and trust – we truly value our relationship.

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Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. 

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Securities in California are offered through Newport Securities Insurance Services. For more information about Newport Group Consulting and its services, Newport Group Securities, Inc. or Newport Securities Insurance Services and services offered, please refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905, visit our website at, or  

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

Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company.