Newport Group Securities, Inc
Answer a few questions and
get matched with an advisor.
Learn more about Newport Group Securities, Inc
Overview
Newport Group Securities, Inc is a financial advisor firm that has its headquarters in Lake Mary, Florida. The firm manages $23.0 billion in total assets across 75 client accounts, making it one of the largest investment advisory firms in the country by assets under management (AUM). Newport Group Securities, Inc has a small group, including 38 financial advisors. Newport Group Securities, Inc is not a registered broker-dealer, signifying that the firm is not able to buy and sell securities for its customers' and own accounts and instead is required to go through a broker-dealer firm to do so. Securities are defined as exchangable financial investments like bonds, options and stocks.
Newport Group Securities, Inc administers some of the firm's client assets on a discretionary basis. Discretionary management is a structure in which transaction judgments for the client's account are made by an investment advisor without needing to seek client authorization. It also has 66 non-discretionary accounts with a total of $21.2 billion in assets under management. Newport Group Securities, Inc oversees an average of $306.2 million in assets for every customer account. The average advisor at Newport Group Securities, Inc administers around two client accounts, making it one of the most personalized advisor firms in the country.
Newport Group Securities, Inc's central office is at 300 Primera Blvd., Lake Mary, Florida 32746. The company is legally registered to provide services to investors throughout a few states, including California, Florida, New York and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Newport Group Securities, Inc by the Numbers
$23.0 billion
38
75
$306.2 million
Products and Services
Newport Group Securities, Inc offers a variety of financial services, which can include portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers, educational seminars and other services. The firm does not sell products or offer services other than investment advice to its investment advisory clients. It is affiliated with one or more other service providers in the financial services industry, including with a broker-dealer or securities dealer, trust company, insurance company or agency and pension consultant.
Core Advisor Services
-
Find a firm that offers this service
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Offered by 6% of firms
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees charged by financial advisors are based on which services the firm provides the client. However, fees billed by the firm likely consist of the following fee structures: asset-based or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 32% of firms
Fixed
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It caters to pension plans. Out of its 75 clients, Newport Group Securities, Inc's largest client type by number of accounts is pension plans. None of the firm's clients reside abroad.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Newport Group Securities, Inc does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Newport Group Securities, Inc
Lake Mary, FL
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.