Company News

A Major Milestone: One Million Plan Participants
 

Nov 15, 2017

Walnut Creek, CA—November 15, 2017—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.

“This is much more than a number. Over one million people from across the country trust us to help them reach an important financial goal—their retirement," said Chief Executive Officer Greg Tschider.  “We take that trust very seriously.”

This achievement is the result of Newport Group’s dedication to helping companies offer their employees a more secure financial future, and our commitment to meeting the evolving needs of plan participants, clients and advisors.


 

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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.