Douglas
Newport
Commonwealth Financial Network
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About this Advisor
Douglas Newport is a certified financial planner operating out of Clinton Township, Michigan with a total of 5 years of industry experience. Newport works at Commonwealth Financial Network. During their career, the advisor has held roles at Fifth Third Securities, Fifth Third Bank, Commonwealth Financial Network and Doug Newport Wealth Management. Newport maintains Series 63 and Series 66 licenses, qualifying them as a securities representative, and is approved to serve investors in Michigan. Commonwealth Financial Network is a company operating out of Waltham, MA. It has offices in 1,759 locations and a total of 4,300 employees. It has $146 billion in assets between its 585,629 customer accounts, placing it among the biggest firms in the country by assets under management. The firm provides services to 2,108 charitable organizations. Of its 585,629 customer accounts, just 4% are held by high-net-worth investors who have more than $1 million in assets. Commonwealth Financial Network performs a number of services, such as financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters and educational seminars. Fees for financial management typically vary depending on the financial services offered. Fees charged by Commonwealth Financial Network most likely include any combination of asset-based, hourly, fixed and commission-based fees.
Certifications and Registrations
Years Registered*
Services Offered
Fee Structure
Office Location
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Commonwealth Financial Network Brokerage Details
$146,387,007,862
4,300
585,629
$249,965
Investment Advisory Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses or institutional clients
- Pension consulting services
- Selection of other advisers
- Publication of periodicals or newsletters
- Educational seminars/workshops
Douglas Newport Work History
Douglas has been registered as a financial advisor for 5 years.*
Commonwealth Financial Network
Doug Newport Wealth Management
Fifth Third Securities
Fifth Third Bank
*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.
Disclosures
Please visit the SEC profile of Douglas Newport to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.
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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.
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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.
