Newport Group Consulting provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and educational seminars.
Newport Group Consulting reports 3,761 pension and profit-sharing plans. Of its assets, 100.0% ($5.05B across 3,768 accounts) are managed with discretion. It advised 308 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Pension and profit-sharing plans | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pension and profit-sharing plans | 3,761 | $5.05B | 100.0% | $1.34M |
| Total | 3,761 | $5.05B | 100% | $1.34M |
- Clients
- 3,761
- Regulatory AUM
- $5.05B
- AUM share
- 100.0%
- Avg. per client
- $1.34M
Total
- Clients
- 3,761
- Regulatory AUM
- $5.05B
- AUM share
- 100%
- Avg. per client
- $1.34M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 308
- Private funds advised
- 0
Newport Group Consulting is paid through a percentage of assets under management, fixed fees (other than subscription fees) and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Newport Group, Inc. owns 75% or more of Newport Group Consulting and is in turn owned by Newport Group Holdings II, Inc. (75% or more). The leadership team of Newport Group Consulting includes President Matthew Meyer and Chief Compliance Officer David MacInnis. It has 31 employees, 14 of them in advisory roles.
Staff
- 31 employees
- 14 in advisory functions
- 21 state-registered reps
- 22 broker-dealer reps
- 5 insurance agents
- 5 soliciting firms
- Owns 75% or more of Newport Group Consulting, LLC
Newport Group, Inc.
Control person · since March 2016
- Owns 75% or more of Newport Group, Inc.
Newport Group Holdings II, Inc.
Control person · since September 2018
- Owns 75% or more of Newport Group Holdings II, Inc.
Ignite Acquiror, Inc
Control person · since April 2022
- Owns 75% or more of Ignite Acquiror, Inc
Ascensus, LLC
Control person · since January 2025
- Owns 75% or more of Ascensus, LLC
Ascensus Holdings, Inc.
Control person · since January 2025
- Owns 75% or more of Ascensus Holdings, Inc.
Ascensus Group Holdings, Inc.
Control person · since January 2018
- Owns 75% or more of Ascensus Group Holdings, Inc.
Mercury Intermediate II, Inc.
Control person · since August 2021
- Owns 75% or more of Mercury Intermediate II, Inc.
Mercury Intermediate I, Inc.
Control person · since August 2021
- Owns 75% or more of Mercury Intermediate I, Inc.
Mercury Parent Holdings, Inc.
Control person · since August 2021
- Owns 50% to 75% of Mercury Parent Holdings, Inc.
Stonepoint Capital Investors - Stone Point GP VIII, L.P
Control person · since August 2021
Newport Group Consulting’s regulatory assets fell from $11.7B (April 2021) to $5.05B (August 2026); clients rose from 178 to 3,761 and employees fell from 54 to 31.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $5.05B | 3,761 | 31 | 1 |
| Mar 2025March 2025 | $4.4B | 3,838 | 28 | 1 |
| May 2024May 2024 | $2.56B | 698 | 30 | 1 |
| Jul 2023July 2023 | $10.4B | 552 | 38 | 1 |
| May 2022May 2022 | $13B | 367 | 50 | 2 |
| Apr 2021April 2021 | $11.7B | 178 | 54 | 2 |
Besides its headquarters, Newport Group Consulting has 0 offices, with 1 listed address in 1 state.
Florida · 1 listed address
- 300 Primera BLVD., Suite 200, Lake MaryHQ
Contact and registration details
- Legal name
- Newport Group Consulting, LLC
- Headquarters
- 300 Primera BLVD., Suite 200, Lake Mary, FL 32746
- Website
- Not reported
- Phone
- 407-333-2905
- SEC file
- 801-66908
- Structure
- Delaware LLC
- Fiscal year end
- December
Newport Group Consulting’s named custodian for separately managed accounts is Ascensus Trust ($3.64B). Newport Group Consulting has custody of client assets.
- Ascensus TrustAscensus Trust Company, LLC · Fargo, ND · $3.64B100%
At year end, Newport Group Consulting’s separately managed accounts were mostly in funds (100%).
What the accounts hold
- Funds100%
- Registered funds85%
- Pooled vehicles15%
How many clients does Newport Group Consulting have?
Newport Group Consulting has 3,761 clients and manages $5.05 billion for them, as of August 2026. They include 3,761 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 August 2026
What services does Newport Group Consulting offer?
Newport Group Consulting provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Newport Group Consulting use?
Newport Group Consulting’s separately managed account assets are held at Ascensus Trust Company, LLC (Fargo, ND), with $3.64B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 August 2026
How many financial advisors does Newport Group Consulting have?
Newport Group Consulting has 21 investment adviser representatives registered with state securities authorities, out of 31 employees, and 14 perform investment advisory functions. 22 employees are registered representatives of a broker-dealer and 5 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
What does Newport Group Consulting invest in?
At the end of its last fiscal year, Newport Group Consulting’s separately managed accounts held 85% registered funds (mutual funds, ETFs, BDCs) and 15% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Newport Group Consulting?
Newport Group Consulting is owned through a chain of holding companies by Stonepoint Capital Investors - Stone Point GP VIII, L.P. Its direct owner is Newport Group, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 August 2026
How does Newport Group Consulting get paid?
Newport Group Consulting is paid through a percentage of assets under management, fixed fees and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Newport Group Consulting?
Newport Group Consulting’s main office is at 300 Primera BLVD., Suite 200, Lake Mary, FL 32746. Its phone number is 407-333-2905.