Newport Group Consulting, LLC
Assets Under Management
$4.4B
Number of Clients
3,838
Number of Advisors
20
Average Client AUM
$1.1M
AUM per Advisor
$219.9M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Newport Group Consulting, LLC (NGC) provides pension consulting, institutional investment, and fiduciary consulting services primarily to retirement plans, plan sponsors, and participants. Services include investment consulting, discretionary investment management, fiduciary governance advice, retirement plan consulting, and risk-selective target date portfolios.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $25.0M | 0.15% |
| $25.0M - $50.0M | 0.10% |
| $50M+ | 0.05% |
Fees may be higher than represented or have overriding minimums based on the complexity of the service solution. Fee is blended as assets increase. Plans over $50 million are typically quoted at a fixed annual fee. Fees are negotiable.
Fee Estimator
NGC charges either fixed fees or a percentage of assets under advisement or management. Fees are subject to negotiation. For CoPilot Investment Management Services, the annual fee is 0.25% of total plan assets. For Ascensus Pooled Employer Plan Services, the annual fee is 0.03% of total plan assets. Plans over $50 million are typically quoted at a fixed annual fee.
Areas of Practice
Location
300 Primera Blvd., Suite 200, Lake Mary, FL, 32746