Company News

Newport Acquires and Welcomes Plan Administrators, Inc. (PAi)

Newport Group, Inc. (Newport) announced today that it has completed the purchase of Plan Administrators, Inc. (PAi), a third party administrator and recordkeeper headquartered in De Pere, Wisconsin. PAi—along with its affiliate PAi Trust Company—is now a wholly owned subsidiary of Newport, and will continue to operate under the PAi name. 
 

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. 

Copyright © 2015-2022 Newport Group, Inc.  All rights reserved.
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. 

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 www.newportgroup.com, or advisorinfo.sec.gov.  

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.