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. (“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 -

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 or refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905 or

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.