{
  "crd_number": 118682,
  "slug": "newport-asia-llc-san-francisco-ca-118682",
  "primary_business_name": "NEWPORT ASIA LLC",
  "legal_name": "NEWPORT ASIA LLC",
  "dbas": [],
  "city": "San Francisco",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2002-02-04",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-06-09",
  "carried_forward": false,
  "raum_total": 120069629.0,
  "raum_discretionary": 120069629.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 120069629.0,
      "count": 4
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/NEWPORT-ASIA-LLC",
    "https://newportasiallc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/118682",
  "city_as_filed": "SAN FRANCISCO",
  "url": "https://advisorcensus.com/firm/newport-asia-llc-san-francisco-ca-118682",
  "display_name": "Newport Asia LLC",
  "summary": "Newport Asia LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2002, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 9, 2026.",
  "citation": "AdvisorCensus. Newport Asia LLC (CRD 118682): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Newport Asia LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Newport Asia LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Newport Asia LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated June 9, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Newport Asia LLC located?",
      "a": "Newport Asia LLC's principal office is in San Francisco, CA, according to its Form ADV."
    },
    {
      "q": "Is Newport Asia LLC registered with the SEC or a state?",
      "a": "Newport Asia LLC is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 118682."
    },
    {
      "q": "How much does Newport Asia LLC manage?",
      "a": "Newport Asia LLC reports $120,069,629 in regulatory assets under management in its Form ADV filing dated June 9, 2026 (100% discretionary)."
    },
    {
      "q": "How have Newport Asia LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Newport Asia LLC: Regulatory assets under management: $2,629,472,737 in the October 2021 data and $120,069,629 in the October 2026 data, down 95%. Total employees: 13 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Newport Asia LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4)."
    },
    {
      "q": "Does Newport Asia LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/118682"
    },
    {
      "q": "What changed in Newport Asia LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2629472737.0,
      "total_employees": 13,
      "filing_date": "2021-02-08"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2330966851.0,
      "total_employees": 14,
      "filing_date": "2022-03-15"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1500665477.0,
      "total_employees": 13,
      "filing_date": "2023-06-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 665956538.0,
      "total_employees": 9,
      "filing_date": "2024-03-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 164550425.0,
      "total_employees": 9,
      "filing_date": "2025-03-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 120069629.0,
      "total_employees": 9,
      "filing_date": "2026-06-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $164,550,425 to $120,069,629 (-27%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 9, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "1.5% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1.5% of assets a year"
        ],
        "quotes": [
          "As investment adviser to the Newport Funds, we receive an annual advisory fee, paid quarterly in advance, based on the assets of each investor’s Limited Partners’ Capital account balance at the beginning of each calendar quarter. The fee schedule is outlined below:",
          "Growth & Income Fund 1.50% Partners Fund 1.50% Advisors Fund 1.50%"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 1.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "As investment adviser to the Newport Funds, we receive an annual advisory fee, paid quarterly in advance, based on the assets of each investor’s Limited Partners’ Capital account balance at the beginning of each calendar quarter. The fee schedule is outlined below:",
      "Growth & Income Fund 1.50% Partners Fund 1.50% Advisors Fund 1.50%"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/newport-asia-llc-san-francisco-ca-118682.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 120069629.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/118682",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}