# Newport Group Consulting, LLC

> 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.

- CRD: 140944
- Filed as: NEWPORT GROUP CONSULTING, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lake Mary, FL
- Filing period: October 2026
- Form ADV filing dated: August 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140944
- AdvisorCensus page: https://advisorcensus.com/firm/newport-group-consulting-llc-lake-mary-fl-140944

## Quick answers

**How is Newport Group Consulting, LLC compensated?**
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. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Newport Group Consulting, LLC located?**
Newport Group Consulting, LLC's principal office is in Lake Mary, FL, according to its Form ADV.

**Is Newport Group Consulting, LLC registered with the SEC or a state?**
Newport Group Consulting, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 140944.

**How much does Newport Group Consulting, LLC manage?**
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).

**How have Newport Group Consulting, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Newport Group Consulting, LLC serve?**
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).

**Which custodians does Newport Group Consulting, LLC use?**
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.

**Does Newport Group Consulting, LLC report any disciplinary disclosures?**
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

**What changed in Newport Group Consulting, LLC's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- Ascensus Trust Company (affiliated with the firm)

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.

### Regulatory assets under management (Item 5.F)
- Total: $5,051,048,817
- Discretionary: $5,051,048,817
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3,761 | $5,051,048,817 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2006 (20 years)
- Employees: 31 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: 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
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ascensus.com
- LinkedIn @ascensus

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $11,694,075,689 | 54 | April 13, 2021 |
| October 2022 | $13,026,941,351 | 50 | May 25, 2022 |
| October 2023 | $10,396,176,875 | 38 | September 21, 2023 |
| October 2024 | $2,560,003,733 | 30 | August 22, 2024 |
| October 2025 | $4,397,492,520 | 28 | March 24, 2025 |
| October 2026 | $5,051,048,817 | 31 | August 17, 2026 |

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.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- 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%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Newport Group Consulting, LLC (CRD 140944): Form ADV filing data as of October 2026.