{"url":"https://nivawealth.com/firms/newport-group-consulting-140944","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/140944","regulatoryAum":5051048817,"crd":"140944","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1280627","suffix":null,"lastName":"ALLEN","firstName":"EDDIE","middleName":"BRYAN"},{"crd":"2949837","suffix":null,"lastName":"ARIGO","firstName":"ANDREW","middleName":"PHILIP"},{"crd":"6320850","suffix":null,"lastName":"BUSH","firstName":"JEFFREY","middleName":"MARSHALL"},{"crd":"8193385","suffix":null,"lastName":"DeSimone","firstName":"Michael","middleName":"Joseph"},{"crd":"5772771","suffix":null,"lastName":"ELLIS","firstName":"LINDSEY","middleName":"ELIZABETH"},{"crd":"2961229","suffix":null,"lastName":"ESCOBAR","firstName":"PAUL","middleName":"GERALD"},{"crd":"4777241","suffix":null,"lastName":"FEATHER","firstName":"JUSTIN","middleName":"TYLER"},{"crd":"4965098","suffix":null,"lastName":"HOLEC","firstName":"TRENTON","middleName":"JAMES"},{"crd":"4525909","suffix":null,"lastName":"KELLER","firstName":"JANE","middleName":"ELIZABETH"},{"crd":"4918953","suffix":null,"lastName":"Kidd","firstName":"Philip","middleName":"Bradford"},{"crd":"6404374","suffix":null,"lastName":"Koviak","firstName":"Scott","middleName":"Kenneth"},{"crd":"4912286","suffix":null,"lastName":"LEINENBACH","firstName":"JULIE","middleName":"MERRITT"},{"crd":"7411029","suffix":null,"lastName":"Marcus","firstName":"Alexander","middleName":null},{"crd":"3037038","suffix":null,"lastName":"MEYER","firstName":"MATTHEW","middleName":"EDWIN"},{"crd":"2169972","suffix":null,"lastName":"MINOCHER","firstName":"NADIR","middleName":"RASHID"},{"crd":"6021700","suffix":null,"lastName":"MOEHLE","firstName":"PAUL","middleName":"ROBERT"},{"crd":"5521217","suffix":null,"lastName":"SCHREIBER","firstName":"STEVEN","middleName":"FRANCIS"},{"crd":"1314743","suffix":null,"lastName":"SHANNON","firstName":"MICHAEL","middleName":"DOUGLAS"},{"crd":"6047658","suffix":null,"lastName":"WAGGONER","firstName":"MATTHEW","middleName":"PAUL"},{"crd":"6954121","suffix":null,"lastName":"Wildes","firstName":"Viorica","middleName":null},{"crd":"4809042","suffix":null,"lastName":"WILLIAMS","firstName":"STEVE","middleName":"LEE"},{"crd":"7909202","suffix":null,"lastName":"Wright","firstName":"Katie","middleName":"Lynn"}],"total":22,"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":"2021-04-13","regulatoryAum":11694075689,"clients":178,"employees":54,"offices":2},{"filedOn":"2022-05-25","regulatoryAum":13026941351,"clients":367,"employees":50,"offices":2},{"filedOn":"2023-07-06","regulatoryAum":10396176875,"clients":552,"employees":38,"offices":1},{"filedOn":"2024-05-14","regulatoryAum":2560003733,"clients":698,"employees":30,"offices":1},{"filedOn":"2025-03-24","regulatoryAum":4397492520,"clients":3838,"employees":28,"offices":1},{"filedOn":"2026-08-17","regulatoryAum":5051048817,"clients":3761,"employees":31,"offices":1}],"secFileNumber":"801-66908","legalName":"Newport Group Consulting, LLC","displayName":"Newport Group Consulting","slug":"newport-group-consulting-140944","website":null,"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"300 Primera BLVD., Suite 200","city":"Lake Mary","state":"FL","stateName":"Florida","country":"United States","postalCode":"32746"},"tradeNames":[],"registration":{"secApproved":"20 June 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Secretary","crd":"3184368"},{"name":"Michael Folmer","title":"Treasurer and VP of Tax & Finance","crd":"5655451"}],"ownership":[{"label":"Newport Group, Inc.","detail":"100% owner in the 75% or more ownership band and a control person, since March 2016."},{"label":"Newport Group Holdings II, Inc.","detail":"Indirect owner: a 100% owner of newport group, inc. of Newport Group, Inc. in the 75% or more band and a control person, since September 2018.","parent":"Newport Group, Inc."},{"label":"Ignite Acquiror, Inc","detail":"Indirect owner: a 100% owner of newport group holdings ii, inc. of Newport Group Holdings II, Inc. in the 75% or more band and a control person, since April 2022.","parent":"Newport Group Holdings II, Inc."},{"label":"Ascensus Group Holdings, Inc.","detail":"Indirect owner: a 100% owner ascensus holdings, inc. of Ascensus Holdings, Inc. in the 75% or more band and a control person, since January 2018.","parent":"Ascensus Holdings, Inc."},{"label":"Mercury Intermediate II, Inc.","detail":"Indirect owner: a 100% owner of ascensus group holdings, inc. of Ascensus Group Holdings, Inc. in the 75% or more band and a control person, since August 2021.","parent":"Ascensus Group Holdings, Inc."},{"label":"Mercury Intermediate I, Inc.","detail":"Indirect owner: a 100% owner of mercury intermediate ii, inc. of Mercury Intermediate II, Inc. in the 75% or more band and a control person, since August 2021.","parent":"Mercury Intermediate II, Inc."},{"label":"Mercury Parent Holdings, Inc.","detail":"Indirect owner: a 100% owner of mercury intermediate i, inc. of Mercury Intermediate I, Inc. in the 75% or more band and a control person, since August 2021.","parent":"Mercury Intermediate I, Inc."},{"label":"Stonepoint Capital Investors - Stone Point GP VIII, L.P","detail":"Indirect owner: a 56.7% owner of mercury parent holdings, inc. of Mercury Parent Holdings, Inc. in the 50% to 75% band and a control person, since August 2021.","parent":"Mercury Parent Holdings, Inc."},{"label":"Ascensus Holdings, Inc.","detail":"Indirect owner: a 100% owner of ascensus, llc of Ascensus, LLC in the 75% or more band and a control person, since January 2025.","parent":"Ascensus, LLC"},{"label":"Ascensus, LLC","detail":"Indirect owner: a 100% owner of ignite acquiror, inc of Ignite Acquiror, Inc in the 75% or more band and a control person, since January 2025.","parent":"Ignite Acquiror, Inc"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"300 Primera BLVD., Suite 200","city":"Lake Mary","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"407-333-2905","stateRegisteredReps":21,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Other"],"activities":["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)","Educational seminars/workshops","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":85},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":15}],"privateFunds":0},"sources":{"adv1FilingDate":"17 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/140944/PDF/140944.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 Group Consulting have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Newport Group Consulting offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Newport Group Consulting use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Newport Group Consulting have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Newport Group Consulting invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Newport Group Consulting?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Newport Group Consulting get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Newport Group Consulting?","answer":"Newport Group Consulting’s main office is at 300 Primera BLVD., Suite 200, Lake Mary, FL 32746. Its phone number is 407-333-2905.","source":"Form ADV Part 1A, Item 1.F, filed 17 August 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."}