{"url":"https://nivawealth.com/firms/newport-capital-group-144442","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/144442","regulatoryAum":1280731315,"crd":"144442","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5915397","suffix":null,"lastName":"BELLIA","firstName":"NICHOLAS","middleName":"GAETANO"},{"crd":"4456604","suffix":null,"lastName":"BENNETT","firstName":"MICHELLE","middleName":"DENISE"},{"crd":"5054086","suffix":null,"lastName":"DEGROOTE","firstName":"JOCELYN","middleName":null},{"crd":"4772723","suffix":null,"lastName":"DIPIERO","firstName":"DOMENIC","middleName":"MATTHEW"},{"crd":"7808003","suffix":null,"lastName":"Iacobellis","firstName":"Armand","middleName":null},{"crd":"2366138","suffix":null,"lastName":"KOZODOY","firstName":"DAVID","middleName":"NEIL"},{"crd":"5737636","suffix":"JR.","lastName":"KYRILLOS","firstName":"JOSEPH","middleName":"MANSOUR"},{"crd":"2819406","suffix":null,"lastName":"MILMORE","firstName":"ROBERT","middleName":"JAMES"},{"crd":"4638755","suffix":null,"lastName":"SPEARS","firstName":"JOANNE","middleName":"SHIZUE"},{"crd":"3042773","suffix":null,"lastName":"WIBBELSMAN","firstName":"JOHN","middleName":"D"}],"total":10,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-31","regulatoryAum":251910889,"clients":103,"employees":20,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":274498410,"clients":109,"employees":20,"offices":1},{"filedOn":"2023-03-30","regulatoryAum":250250441,"clients":111,"employees":17,"offices":1},{"filedOn":"2024-03-29","regulatoryAum":326798857,"clients":107,"employees":19,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":1219148466,"clients":231,"employees":17,"offices":1},{"filedOn":"2026-03-20","regulatoryAum":1280731315,"clients":252,"employees":18,"offices":1}],"secFileNumber":"801-68323","legalName":"Newport Capital Group, LLC","displayName":"Newport Capital Group","slug":"newport-capital-group-144442","website":"https://newportcapitalgroup.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/144442/4b70057e7ed8e1e2-r1.webp","tone":"light","width":589,"height":200,"sourceUrl":"https://newportcapitalgroup.com/","sourceLabel":"Newport Capital Group, LLC, website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_wealth_manager","typeLabel":"OCIO / institutional wealth","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/newport-capital-group-usa/","founded":null,"organization":"New Jersey limited liability company","fiscalYearEnd":"December","headquarters":{"street":"12 Broad Street, 5th Floor","city":"Red Bank","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"07701"},"tradeNames":[],"registration":{"secApproved":"18 September 2007","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2767782.2357142856,"staff":{"employees":18,"advisory":7,"brokerDealerReps":6,"insuranceAgents":2,"promoters":1},"aum":{"regulatory":1280731315,"discretionary":400808541,"discretionaryAccounts":406,"nonDiscretionary":879922774,"nonDiscretionaryAccounts":8,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":104},"clientTypes":[{"label":"Individuals (other than HNW)","clients":66,"regulatoryAum":18114277},{"label":"High-net-worth individuals","clients":74,"regulatoryAum":369375236},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":1762358},{"label":"Pension and profit-sharing plans","clients":111,"regulatoryAum":877203252},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":5834597},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":8441595}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":411279701},{"name":"Northern Trust Investments, Inc.","shortName":"Northern Trust Investments","location":"Chicago, IL","smaAssets":782539713}],"custodyNote":"Newport Capital Group has custody of $186M in client assets for 18 clients.","otherCustodians":[],"leadership":[{"name":"Michelle Bennett","title":"Chief Compliance Officer/ Executive Vice President","crd":"4456604"},{"name":"Domenic Dipiero","title":"President","crd":"4772723"}],"ownership":[{"label":"Domenic M. Dipiero Family Trust F/B/O Domenic M. Dipiero III","detail":"Member in the 75% or more ownership band and a control person, since February 2015."},{"label":"David Dipiero","detail":"Indirect owner: trustee of Domenic M Dipiero Family Trust F/B/O Domenic M. Dipiero, since October 2016.","parent":"Domenic M Dipiero Family Trust F/B/O Domenic M. Dipiero"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New Jersey","offices":1,"addresses":[{"street":"12 Broad Street, 5th Floor","city":"Red Bank","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"732-741-8400","stateRegisteredReps":9,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":4},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":67},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":25},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":1},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/144442/PDF/144442.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Newport Capital Group have?","answer":"Newport Capital Group has 252 clients and manages $1.28 billion for them, as of March 2026. They include 111 pension and profit-sharing plans, 74 high-net-worth individuals, and 66 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Newport Capital Group offer?","answer":"Newport Capital Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Newport Capital Group use?","answer":"Newport Capital Group’s separately managed account assets are held at Northern Trust Investments, Inc. (Chicago, IL), with $783M and Charles Schwab & Co., Inc. (Westlake, TX), with $411M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Newport Capital Group have?","answer":"Newport Capital Group has 9 investment adviser representatives registered with state securities authorities, out of 18 employees, and 7 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Newport Capital Group invest in?","answer":"At the end of its last fiscal year, Newport Capital Group’s separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 25% pooled vehicles (private funds and similar), 4% exchange-traded equities, 2% cash and equivalents, 1% state and local bonds and 1% investment grade corporate bonds. It advises 1 private fund.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Newport Capital Group?","answer":"Newport Capital Group’s direct owner is Domenic M. Dipiero Family Trust F/B/O Domenic M. Dipiero III (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Newport Capital Group get paid?","answer":"Newport Capital Group is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Newport Capital Group?","answer":"Newport Capital Group’s main office is at 12 Broad Street, 5th Floor, Red Bank, NJ 07701. Its phone number is 732-741-8400. Its website is newportcapitalgroup.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}