Disclosure

 

AUA calculated as of 1/1/2020; Client retention calculated for Year 2019. *Locations as of 1/17/2020; Participants as of 12/31/2018; Number of mutual funds, separate accounts and collective trusts analyzed as of 1/17/2020.

<sup>1</sup>SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability. Please remember that different types of investments involve varying degrees of risk, and that there can be no assurance that the future performance of any specific investment or investment strategy (including those that may be recommended to the Plan by Newport Capital Group and/or subsequently selected by the Plan’s participants), will be profitable, equal any corresponding performance level(s), or be suitable for any specific participant’s portfolio. Please remember to contact Newport Capital Group, in writing, if there are any changes in the Plan’s financial situation or objectives for the purpose of Newport Capital reviewing/evaluating/revising its previous recommendations and/or services. A copy of Newport Capital Group’s current written disclosure statement discussing its advisory services and fees remains available upon request. The terms and conditions of the services to be provided by Newport Capital Group to the Plan shall be set forth in a written Retirement Plan Advisory and Consulting Agreement between the parties. 

Newport Capital Group, LLC (“Company”) is an SEC registered investment adviser located in Red Bank, New Jersey. Company and its representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those states in which Company maintains clients. Company may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Company’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Company’s web site on the Internet should not be construed by any consumer and/or prospective client as Company’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Company with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Company, please contact the SEC or the state securities regulators for those states in which Company maintains a notice filing. A copy of Company’s current written disclosure statement discussing Company’s business operations, services, and fees is available from Company upon written request. Company does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Company web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by Company), will be profitable or equal any historical performance level(s).

Certain portions of Company’s web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Company (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Company, or from any other investment professional. Company is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.

Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Company is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Company by any of its clients. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser.

To the extent that any client or prospective client utilizes any economic calculator or similar interactive device contained within or linked to Company’s web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Company, or from any other investment professional.

Each client and prospective client agrees, as a condition precedent to his/her/its access to Company’s web site, to release and hold harmless Company, its officers, directors, owners, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from Company.

 

Award Disclosure Page: 

Please Note: Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Newport Capital Group is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Newport Capital Group by any of its clients.  Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. The rating is not indicative of future performance. No fees were paid to participate for all of the awards listed.

NAPA TOP DC Advisor Multi-Office Firms 2019: Established in 2017, nominees had to be individual advisor team/offices with a defined contribution book of business.  To be considered, firms had to submit responses to an application form, including information about their practices, notably their defined contribution (DC) assets under advisement.  Approximately 300 submissions were received and 13% and 38 firms were published having multiple office locations. The list is created and conducted by the National Association of Plan Advisors, an affiliate organization of the American Retirement Association, a non-profit association.  No fee is charged to participate. The rating is not indicative of the adviser’s future performance. NAPA Top DC Advisor Firm 2017: Ranked by assets under advisement, self-reported by advisor firm/teams. Approximately 300 submissions were received and 91%, 275 were published having over $100 million in DC assets. The list is created and conducted by the National Association of Plan Advisors, an affiliate organization of the American Retirement Association, a non-profit association.  No fee is charged to participate. The rating is not indicative of the adviser’s future performance.

The FT 401 2019:  The Financial Times 401 Top Retirement Advisors is an independent listing produced annually by the Financial Times (October 2019). To be considered the data is based on data gathered from advisors, regulatory disclosures, and the FT’s research. The listing reflects each advisor’s status in six primary areas: DC plan assets under management (AUM), DC AUM growth rate, specialization in DC plans, years of experience, advanced industry credentials and compliance record. This honor is not indicative of the advisor’s future performance. Neither the advisors nor their parent firms pay a fee to the Financial Times in exchange for inclusion in the FT 401. FT received 770 applications, of those, 401 (52%) were added to the list. FT 401 2018: The Financial Times 401 Top Retirement Advisors is an independent listing produced annually by the Financial Times (September 2018). The FT 401 is based on data gathered from advisors, regulatory disclosures, and the FT’s research. The listing reflects each advisor’s status in six primary areas: DC plan assets under management, DC plan growth rate, specialization in DC plans, years of experience, advanced industry credentials, and compliance record. This honor is not indicative of the advisor’s future performance. Neither the advisors nor their parent firms pay a fee to the Financial Times in exchange for inclusion in the FT 401. FT received 670 applications, of those, 401 (60%) were added to the list. FT 401 2016: To be considered an advisor must meet the minimum criteria, only advisors that apply can be considered. Manage at least $75 million in assets under advisement in DC plans. DC plans should account for at least 20% of total AUA. FT received over 670 applications, of those 401 (60%) were added to the list. All advisors that applied are run through proprietary scoring methodology, which is explained in more detail below. The FT 401 ranking is conducting independently by the Financial Times, in partnership with Ignites Research, a subsidiary of the Financial Times that conducts research and analysis on the asset management industry. Judging criteria for winners; The FT generates an internal score for each applicant based on seven broad factors. 1, DC assets under management (AUM) – accounts for about 55 percent of each advisor’s score on average. 2, Specialization in the DC business – measured by what percentage of the overall assets managed by the adviser are in DC plans, and how that concentration has changed. (About a third of the score is based on the concentration of the adviser’s overall business in serving DC plans, combined with the growth in the adviser’s DC business.) 3, Growth rate in DC plan business – measured by changes in both DC plan clients and assets. 4, Years of experience advising DC plans – indicates experience of managing DC plan assets in different economic and market environments. 5, Industry certifications – show the technical knowledge that is important in the complicated DC plan industry. 6, Participation rate in DC plans advised – this looks at effectiveness by measuring the portion of employees participating. 7, Compliance record. The FT 401 is conducting independently. Neither advisors nor their firms pay a fee to apply or be listed in the FT 401 report. The rating is not indicative of the adviser’s future performance.

The 2019 PLANADVISER Top 100 Retirement Plan Advisers recognizes the top defined contribution (DC) plan advisers across the U.S in terms of assets or plans under advisement, based on self-reported information from advisers. In 2018, 321 survey responses for the PLANADVISER Retirement Plan Adviser Survey, elected to be considered for the 2019 PLANADVISER Top 100 Retirement Plan Advisers list. Of those, 100 (31%) were named to the list. There is no fee paid to PLANADVISER in exchange for inclusion in the listing. The 2018 PLANADVISER Top 100 Retirement Plan Advisers recognizes the top defined contribution (DC) plan advisers across the U.S in terms of assets or plans under advisement. In 2017, 341 survey responses were collected for the PLANADVISER Retirement Plan Adviser Survey, from which the list is generated. Of those, 100 (29%) were named to the list. The 2017 PLANADVISER Top 100 Retirement Plan Advisers recognizes the top defined contribution (DC) plan advisers across the U.S in terms of assets or plans under advisement. In 2016, 613 survey responses were collected for the PLANADVISER Retirement Plan Adviser Survey, from which the list is generated. Of those, 100 (16%) were named to the list. The 2016 PLANSPONSOR Retirement Plan Adviser of the Year awards recognize the top defined contribution (DC) plan advisers across the U.S via a qualitative evaluation of which advisers represent the best service to plan sponsors and participants. Advisers have to meet the following minimum criteria: having a majority of business revenue derived from employer-sponsored retirement plans, serving as a fiduciary, being committed to fee-based compensation and using outcome-based metrics of plan success with clients. In 2015, when nominations and entries were fielded for the 2016 awards, 114 total entries to the awards program were submitted, and there was one winner each in four categories in 2016, meaning 3.5% of entrants were winners. There is no fee paid to PLANADVISER in exchange for inclusion in the listing. 2015-2011 PLANADVISER Top 100 Retirement Plan Advisers; 2013 PLANSPONSOR Team of the Year Finalists data not collected by PLANADVISER Magazine for disclosures.  

The CERTIFIED FINANCIAL PLANNER™, CFP® and federally registered CFP (with flame design) marks (collectively, the “CFP® marks”) are professional certification marks granted in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP Board”). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. 

The Chartered Financial Analyst (CFA) designation is a globally respected, graduate-level investment credential established in 1962 and awarded by the CFA Institute, the largest global association of investment professionals. 

To earn the CFA designation, candidates must (1) pass three sequential, six-hour examinations, (2) have at least four years of qualified professional investment experience, (3) join the CFA Institute as members, and (4) commit to abide by, and annually reaffirm, their adherence to the CFA Institute Code of Ethics and Standards of Professional Conduct. 

The Accredited Investment Fiduciary® (“AIF®”) designation certifies that the recipient has specialized knowledge of fiduciary standards of care and their application to the investment management process. To receive the AIF® designation, individuals must complete a training program, successfully pass a comprehensive, closed book final examination under the supervision of a proctor and agree to abide by the AIF® Code of Ethics. In order to maintain the AIF designation, the individual must annually renew their affirmation of the AIF® Code of Ethics and complete six hours of continuing education credits. The certification is administered by the Center for Fiduciary Studies, LLC (a Fiduciary 360 (fi360) company).