{ "crd_number": 140944, "slug": "newport-group-consulting-llc-lake-mary-fl-140944", "primary_business_name": "NEWPORT GROUP CONSULTING, LLC", "legal_name": "NEWPORT GROUP CONSULTING, LLC", "dbas": [], "city": "Lake Mary", "state": "FL", "country": "United States", "cbsa_code": "36740", "metro": { "cbsa_code": "36740", "common_name": "Orlando", "msa_name": "Orlando-Kissimmee-Sanford, FL", "path": "/advisors/fl/orlando" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2006-06-20", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-08-17", "carried_forward": false, "raum_total": 5051048817.0, "raum_discretionary": 5051048817.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 31, "advisory_employees": 14, "client_count_bucket": null, "clients_by_type": { "pension_profit_sharing": { "raum": 5051048817.0, "count": 3761 } }, "compensation_types": [ "fixed", "other", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "other", "pension_consulting", "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "ND", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "VT", "WA", "WI", "WY" ], "websites": [ "https://ascensus.com", "https://linkedin.com/company/ascensus" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/140944", "city_as_filed": "LAKE MARY", "url": "https://advisorcensus.com/firm/newport-group-consulting-llc-lake-mary-fl-140944", "display_name": "Newport Group Consulting, LLC", "summary": "Newport Group Consulting, LLC is an SEC-registered investment advisory firm in Lake Mary, FL, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 17, 2026.", "citation": "AdvisorCensus. Newport Group Consulting, LLC (CRD 140944): 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)", "Other" ], "advisory_activity_labels": [ "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" ], "quick_answers": [ { "q": "How is Newport Group Consulting, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Newport Group Consulting, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other." }, { "q": "Where is Newport Group Consulting, LLC located?", "a": "Newport Group Consulting, LLC's principal office is in Lake Mary, FL, according to its Form ADV." }, { "q": "Is Newport Group Consulting, LLC registered with the SEC or a state?", "a": "Newport Group Consulting, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 140944." }, { "q": "How much does Newport Group Consulting, LLC manage?", "a": "Newport Group Consulting, LLC reports $5,051,048,817 in regulatory assets under management in its Form ADV filing dated August 17, 2026 (100% discretionary)." }, { "q": "How have Newport Group Consulting, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Newport Group Consulting, LLC: Regulatory assets under management: $11,694,075,689 in the October 2021 data and $5,051,048,817 in the October 2026 data, down 57%. Total employees: 54 in October 2021 and 31 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Newport Group Consulting, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (3,761)." }, { "q": "Which custodians does Newport Group Consulting, LLC use?", "a": "Newport Group Consulting, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Ascensus Trust Company (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Newport Group Consulting, 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/140944" }, { "q": "What changed in Newport Group Consulting, LLC's recent Form ADV filings?", "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 11694075689.0, "total_employees": 54, "filing_date": "2021-04-13" }, { "period": "2022-10-01", "regulatory_assets_under_management": 13026941351.0, "total_employees": 50, "filing_date": "2022-05-25" }, { "period": "2023-10-01", "regulatory_assets_under_management": 10396176875.0, "total_employees": 38, "filing_date": "2023-09-21" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2560003733.0, "total_employees": 30, "filing_date": "2024-08-22" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4397492520.0, "total_employees": 28, "filing_date": "2025-03-24" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5051048817.0, "total_employees": 31, "filing_date": "2026-08-17" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 10 to 14.", "Regulatory assets under management went from $4,397,492,520 to $5,051,048,817 (+15%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Ascensus Trust Company", "name_as_filed": "ASCENSUS TRUST COMPANY", "affiliated": true } ], "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-group-consulting-llc-lake-mary-fl-140944.md", "clients": [ { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 3761, "fewer_than_5": false, "raum": 5051048817.0 } ], "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/140944", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }