{
  "crd_number": 139368,
  "slug": "newport-global-advisors-l-p-the-woodlands-tx-139368",
  "primary_business_name": "NEWPORT GLOBAL ADVISORS L.P.",
  "legal_name": "NEWPORT GLOBAL ADVISORS L.P.",
  "dbas": [],
  "city": "The Woodlands",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "26420",
  "metro": {
    "cbsa_code": "26420",
    "common_name": "Houston",
    "msa_name": "Houston-Pasadena-The Woodlands, TX",
    "path": "/advisors/tx/houston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-05-04",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-07-09",
  "carried_forward": false,
  "raum_total": 174820677.0,
  "raum_discretionary": 174820677.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "insurance_companies": {
      "raum": 84716214.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 90104463.0,
      "count": 5
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://newportglobaladvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/139368",
  "city_as_filed": "THE WOODLANDS",
  "url": "https://advisorcensus.com/firm/newport-global-advisors-l-p-the-woodlands-tx-139368",
  "display_name": "Newport Global Advisors L.P.",
  "summary": "Newport Global Advisors L.P. is an SEC-registered investment advisory firm in The Woodlands, TX, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 9, 2026.",
  "citation": "AdvisorCensus. Newport Global Advisors L.P. (CRD 139368): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Newport Global Advisors L.P. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Newport Global Advisors L.P. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Newport Global Advisors L.P. located?",
      "a": "Newport Global Advisors L.P.'s principal office is in The Woodlands, TX, according to its Form ADV."
    },
    {
      "q": "Is Newport Global Advisors L.P. registered with the SEC or a state?",
      "a": "Newport Global Advisors L.P. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 139368."
    },
    {
      "q": "How much does Newport Global Advisors L.P. manage?",
      "a": "Newport Global Advisors L.P. reports $174,820,677 in regulatory assets under management in its Form ADV filing dated July 9, 2026 (100% discretionary)."
    },
    {
      "q": "How have Newport Global Advisors L.P.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Newport Global Advisors L.P.: Regulatory assets under management: $376,398,159 in the October 2021 data and $174,820,677 in the October 2026 data, down 54%. Total employees: 10 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Newport Global Advisors L.P. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5); insurance companies (1)."
    },
    {
      "q": "Which custodians does Newport Global Advisors L.P. use?",
      "a": "Newport Global Advisors L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon Asset Servicing as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Newport Global Advisors L.P. 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/139368"
    },
    {
      "q": "What changed in Newport Global Advisors L.P.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 6 to 5. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 376398159.0,
      "total_employees": 10,
      "filing_date": "2021-03-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 448660951.0,
      "total_employees": 8,
      "filing_date": "2022-06-20"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 472627208.0,
      "total_employees": 8,
      "filing_date": "2023-06-26"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 273172502.0,
      "total_employees": 8,
      "filing_date": "2024-09-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 186550453.0,
      "total_employees": 8,
      "filing_date": "2025-05-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 174820677.0,
      "total_employees": 5,
      "filing_date": "2026-07-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 5.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "BNY Mellon Asset Servicing",
      "name_as_filed": "BNY MELLON ASSET SERVICING",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/newport-global-advisors-l-p-the-woodlands-tx-139368.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 90104463.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 1,
      "fewer_than_5": true,
      "raum": 84716214.0
    }
  ],
  "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/139368",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}