Investment and fiduciary consulting services

Effectively fulfilling your fiduciary responsibilities

As a plan sponsor, ensuring prudent oversight of your plan and making decisions in the best interest of plan participants and beneficiaries is essential. Newport, an Ascensus company, is here to assist you in implementing and documenting a robust oversight process for both investment and non-investment related fiduciary duties.*

Managing your fiduciary oversight

While it is common for sponsors to hire plan providers to perform the administration and management of a retirement plan, many service providers do not assume fiduciary responsibility under the terms of their agreements.

Our team assists you in implementing a prudent process to manage both the investment and non-investment-related responsibilities of the plan, such as:

Benefits

  • Understanding the plan sponsor’s culture and goals for the plan
  • Constructing an investment menu/portfolio diversified by asset class and investment style
  • Evaluating, selecting, and monitoring investment managers based on rigorous criteria
  • Creating and delivering comprehensive reporting and reviews
  • Performing comprehensive service provider reviews

Newport, an Ascensus company, is a leading provider of fiduciary consulting services to participant and sponsor-directed defined contribution and defined benefit plans, as well as foundations, endowments, and corporate operating portfolios.

We are an independent firm with no affiliations with any investment management or mutual fund companies—and our services are design to support plans working with or without a financial advisor. As such, we provide unbiased recommendations without any potential conflicts of interest. In addition, our compensation is exclusively fee-based, fully disclosed, and paid by our clients—either directly or from plan assets.

Learn how we can help you fulfill your fiduciary responsibilities.

Disclaimer:

Newport Trust Company, a New Hampshire state-chartered trust company and wholly owned subsidiary of Newport Group, Inc. (“NGI”), provides independent fiduciary and trustee services for employee benefit plans. NGI, an Ascensus Company, and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services.

Securities are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Other insurance products may be offered by NGI. For more information, please visit - www.ascensus.com 

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, an SEC registered investment adviser and subsidiary of NGI. For more information about Newport Group Consulting and its services, please visit newportgroup.com or refer to our Form ADV Part 2, which is available at adviserinfo.sec.gov.

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