NEWPORT GROUP SECURITIES, INC.
Adviser information for NEWPORT GROUP SECURITIES, INC. last updated from Form ADV on June 13th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Florida, United States |
Employees
| Total Number of Employees | 38 |
|---|---|
| Investment Advisory/Research | 38 |
| Registered Broker-Dealer Representatives | 27 |
| Registered State Investment Advisers | 19 |
| Licensed Agents of an Insurance Company | 12 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 9 | $1.7B |
| Non-Discretionary | 66 | $21.2B |
| Total | 75 | $23.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 67 | $21.2B |
| Charitable organizations | <5 | $29.9M |
| State or municipal gov entities | <5 | $24.2M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | <5 | $1.7B |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshopsINVESTMENT PERFORMANCE ANALYTICS |
|---|---|
| Compensation | % of AUMFixed fees |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Identifiers
| SEC RIA File Number | 801-60427 |
|---|---|
| SEC ERA File Number | 801-60427 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 29722 |
| Legal Entity Identifier | None |
Principal Office
300 PRIMERA BLVD.SUITE 200
LAKE MARY
FL
United States
Monday - Friday, 8:30 A.M. - 5:30 P.M.
Tel: 407-333-2905, Fax: 407-333-2815
Chief Compliance Officer
ROBERT KAPLAN
200 DRYDEN ROAD
DRESHER
PA
United States
Tel:
215-648-1272
R************@***********M
(Full email address available in API data)
Regulatory Contact
MATTHEW MEYER
VICE PRESIDENT AND DIRECTOR
300 PRIMERA BOULEVARD
SUITE 200
LAKE MARY
FL
United States
Tel:
407-531-5983
Fax:
407-333-2815
M************@***************M
(Full email address available in API data)
Industry Affiliates
| ASCENSUS BROKER DEALER SERVICES, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| ASCENSUS INVESTMENT ADVISORS, LLC | Other investment adviser, including financial plannersRegistered municipal advisor |
| ASCENSUS TRUST COMPANY | Trust company |
| KROLL SECURITIES LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| NEWPORT GROUP CONSULTING, LLC | Other investment adviser, including financial plannersPension consultant |
| NEWPORT GROUP, INC. | Insurance company or agency |
| NEWPORT TRUST COMPANY | Trust company |
| NYHART CONSULTING, LLC | Other investment adviser, including financial plannersPension consultant |
| PLAN ADMINISTRATORS, INC. (PAI) | Insurance company or agency |
| PRIMA CAPITAL ADVISORS | Other investment adviser, including financial planners |
| PROVIDENT TRUST GROUP, LLC | Trust company |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LANING, KURT JAMES | Individual | – | PRESIDENT & DIRECTOR | 05/2017 | < 5% |
| NEWPORT GROUP HOLDINGS I, INC. | Domestic Entity | – | OWNER | 12/2014 | > 75% |
| NEWPORT GROUP HOLDINGS II, INC. | Domestic Entity | NEWPORT GROUP HOLDINGS I, INC. | OWNER | 09/2018 | > 75% |
| NEWPORT GROUP HOLDINGS GP, LLC | Domestic Entity | NEWPORT GROUP HOLDINGS, L.P. | GENERAL PARTNER | 09/2018 | |
| MEYER, MATTHEW EDWIN | Individual | – | VICE PRESIDENT & DIRECTOR | 05/2017 | < 5% |
| NEWPORT GROUP HOLDINGS, L.P. | Domestic Entity | NEWPORT GROUP HOLDINGS II, INC. | OWNER | 09/2018 | > 75% |
| SHERRARD, TERESA JEAN | Individual | – | VICE PRESIDENT/ FINOP | 07/2019 | < 5% |
| SHANNON, MICHAEL DOUGLAS | Individual | – | VICE PRESIDENT | 07/2019 | < 5% |
| ASCENSUS HOLDINGS, INC. | Domestic Entity | ASCENSUS GROUP LLC | 100% SHAREHOLDER OF ASCENSUS GROUP, LLC | 01/2018 | > 75% |
| MERCURY BORROWER, INC. | Domestic Entity | ASCENSUS HOLDINGS, INC. | 100% OF ASCENSUS HOLDINGS, INC. | 08/2021 | > 75% |
| MERCURY INTERMEDIATE II, INC. | Domestic Entity | MERCURY BORROWER, INC. | 100% OF MERCURY BORROWER, INC. | 08/2021 | > 75% |
| MERCURY INTERMEDIATE I, INC. | Domestic Entity | MERCURY INTERMEDIATE II, INC. | 100% OF MERCURY INTERMEDIATE II, INC | 08/2021 | > 75% |
| MERCURY PARENT HOLDINGS, INC. | Domestic Entity | MERCURY INTERMEDIATE I, INC. | 100% OF MERCURY INTERMEDIATE I, INC. | 08/2021 | > 75% |
| TRIDENT VIII, L.P | Domestic Entity | MERCURY PARENT HOLDINGS, INC. | 29.4% OF MERCURY PARENT HOLDINGS, INC. | 08/2021 | 25-50% |
| ASCENSUS GROUP, LLC | Domestic Entity | IGNITE ACQUIROR, INC. | 100% OF IGNITE ACQUIROR, INC. | 01/2018 | > 75% |
| IGNITE ACQUIROR, INC. | Domestic Entity | NEWPORT GROUP HOLDINGS, L.P. | 100% OF NEWPORT GROUP HOLDINGS, L.P. | 04/2022 | > 75% |
| FOLMER, MICHAEL ROBERT | Individual | – | TREASURER AND VP TAX & FINANCE | 05/2022 | < 5% |
| KAPLAN, ROBERT BARRY | Individual | – | CCO | 12/2022 | < 5% |