Company News

Michael DiCenso Joins Newport Group as Executive Vice President

Jun 19, 2018

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. Mr. DiCenso will report directly to Chief Executive Officer Greg Tschider, and lead Newport Group’s sales organization in the further development of the firm’s business strategies and goals. 

“Michael has more than 30 years of experience in the industry with a proven history of success in sales, marketing, and product development,” said Greg Tschider. “His leadership and expertise in our industry will be a tremendous asset to our company.”

Before joining Newport Group, Mr. DiCenso most recently provided strategic vision, practice management, product development, sales and distribution strategy and merger and acquisition consulting to recordkeepers, third party administrators, advisors, RIAs and private equity firms. Prior to that, he was president of Gallagher Fiduciary Advisors and a national practice leader for the company’s Retirement Service Division, which included, retirement plan consulting, non-qualified executive compensation consulting, registered investment advisory services and actuarial consulting services. 

Mr. DiCenso earned his bachelor’s degree in business administration, marketing and management from Missouri Southern State University. 

About Newport Group
Headquartered in Walnut Creek, California, Newport Group is a leading independent retirement services firm that helps employers – and the advisors who serve them – prepare employees for a more financially secure retirement. The company has more than $100 billion in retirement assets under administration and more than $250 billion in corporate retirement and insurance assets. Newport Group maintains investment objectivity, fee transparency and a commitment to flexible, responsive service. Staffed by an exceptional team of more than 1,200 retirement, insurance, and consulting professionals, the company provides retirement solutions tailored to the needs of employers of every size, from small businesses to the Fortune 1000.

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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 InterServ, LLC, an SEC-registered investment adviser. Newport Group Securities, Inc. and InterServ, 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 adviser. 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.