{
  "crd_number": 137159,
  "slug": "newport-wealth-advisors-inc-newport-beach-ca-137159",
  "primary_business_name": "NEWPORT WEALTH ADVISORS, INC.",
  "legal_name": "NEWPORT WEALTH ADVISORS, INC.",
  "dbas": [],
  "city": "Newport Beach",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-06-13",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-04-06",
  "carried_forward": false,
  "raum_total": 262570000.0,
  "raum_discretionary": 262570000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 8,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 190350000.0,
      "count": 1133
    },
    "high_net_worth_individuals": {
      "raum": 72220000.0,
      "count": 60
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "NV",
    "TX"
  ],
  "websites": [
    "https://facebook.com/brandonwelchfinancial",
    "https://facebook.com/david.hatch.16",
    "https://facebook.com/lmichael.depaul",
    "https://newportwealthadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/137159",
  "city_as_filed": "NEWPORT BEACH",
  "url": "https://advisorcensus.com/firm/newport-wealth-advisors-inc-newport-beach-ca-137159",
  "display_name": "Newport Wealth Advisors, Inc.",
  "summary": "Newport Wealth Advisors, Inc. is an SEC-registered investment advisory firm in Newport Beach, CA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 6, 2026.",
  "citation": "AdvisorCensus. Newport Wealth Advisors, Inc. (CRD 137159): 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": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Newport Wealth Advisors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Newport Wealth Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Newport Wealth Advisors, Inc. located?",
      "a": "Newport Wealth Advisors, Inc.'s principal office is in Newport Beach, CA, according to its Form ADV; the May 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Newport Wealth Advisors, Inc. registered with the SEC or a state?",
      "a": "Newport Wealth Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 137159."
    },
    {
      "q": "How much does Newport Wealth Advisors, Inc. manage?",
      "a": "Newport Wealth Advisors, Inc. reports $262,570,000 in regulatory assets under management in its Form ADV filing dated April 6, 2026 (100% discretionary)."
    },
    {
      "q": "How have Newport Wealth Advisors, Inc.'s assets and staff changed since 2024?",
      "a": "In the Form ADV data for Newport Wealth Advisors, Inc.: Regulatory assets under management: $140,410,000 in the October 2024 data and $262,570,000 in the October 2026 data, up 87%. Total employees: 7 in October 2024 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Newport Wealth Advisors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,133); high net worth individuals (60)."
    },
    {
      "q": "Which custodians does Newport Wealth Advisors, Inc. use?",
      "a": "Newport Wealth Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Newport Wealth Advisors, Inc. 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/137159"
    },
    {
      "q": "What changed in Newport Wealth Advisors, Inc.'s recent Form ADV filings?",
      "a": "In the May 2026 filing data: Regulatory assets under management went from $193,260,000 to $262,570,000 (+36%)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 140410000.0,
      "total_employees": 7,
      "filing_date": "2024-05-17"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 193260000.0,
      "total_employees": 6,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 262570000.0,
      "total_employees": 8,
      "filing_date": "2026-04-06"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Regulatory assets under management went from $193,260,000 to $262,570,000 (+36%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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-wealth-advisors-inc-newport-beach-ca-137159.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1133,
      "fewer_than_5": false,
      "raum": 190350000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 60,
      "fewer_than_5": false,
      "raum": 72220000.0
    }
  ],
  "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/137159",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}