Newport maintains investment objectivity, fee transparency and a commitment to flexible, responsive service. "Evercore's institutional trust and independent fiduciary business has earned the confidence and dedication of its clients through its reputation as a best-in-class service provider and is well-positioned for future growth," said Newport Group Chief Executive Officer Greg Tschider. Verisight and Newport Group merge DC businesses Newport's experts provideda comprehensive review of this unprecedented legislation and how it impacts the day-to-day operations of retirement plans. Greg Tschider - Crunchbase Person Profile CEO. Search Contacts. Director, Executive Finance, Legal, Operations. To ensure continuity of leadership, operations, and client service through closing, Laura Ramanis who has served as Newport's chief operating officer since 2014has been named interim CEO. Jacqueline Ward. Youll learn how you can enhance your hiring and retention strategies. Please update your bookmarks accordingly. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. The American Society of Pension Professionals & Actuaries is a non-profit professional society. Newport Group achieves a major milestone: providing service to more than one million retirement and benefit plan participants. View Greg Tschider's profile on LinkedIn, the world's largest professional community. Newport Group Acquires PNC Bank's Vested Interest | Newport Newport Group, Inc. Company Profile | Folsom, CA | Competitors To ensure continuity of leadership, operations and client service through closing, Laura Ramaniswho has served as Newport's chief operating officer (COO) since 2014has been named interim CEO. Chief Compliance Officer. To ensure continuity of leadership, operations, and client service through closing, Laura Ramaniswho has served as Newport's chief operating officer since 2014has been named interim CEO. This webinar provided insight onthe unique economic impact that the coronavirus pandemic has had on non-qualified executive benefit plans. Job Department. The firms hope to be operating as one team by next spring.. In todays highly competitive labor market coupled with high inflation and global issues, employers continue to find it more challenging to compete for talent. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Your Sunday Asia Briefing: China Military Boost, Kurodas Last Bow, Notorious Prisoner Charles Bronson to Face Public Parole Hearing, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, Mitsubishi Signs $1.9b Commuter Rail Deal With Manila: Nikkei, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Japan Planning Steps to End South Korea Trade Rift, Yomiuri Says, Trump Vows to Finish Mission, Cements Dominance Over CPAC, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, Chinas 5% GDP Target SignalsCrackdowns Are Not Over. To ensure continuity of leadership, operations and client service through closing, Laura Ramaniswho has served as Newports chief operating officer (COO) since 2014has been named interim CEO. THE NEWPORT GROUP, INC. in Little Rock, AR | Company Info & Reviews We expect the service platform investment, product expansion, and enhanced capabilities our union will deliver to be well-received by our collective clients. Quality First. Employees 1.0-5.0K Agree? Newport Group Purchases PNC Bank's Recordkeeping Business Ascensus and Newport Group to Combine and Create a Leading - PAi.com Committed financing for the transaction has been provided by Goldman Sachs Bank USA, SPC Financing Company LLC, and KKR Capital Markets LLC. Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans. General FAQ Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Greg holds a Juris Doctor from the University of Wisconsin Law School and a Bachelors of Business Administration degree in actuarial sciences and risk management from the University of Wisconsin Madison. About. General FAQ The transaction is expected to close in the first quarter of 2022, subject to receipt of regulatory approvals, including review and non-objection by the South Dakota Division of Banking and review and approval by the New Hampshire Banking Department, and satisfaction of other customary closing conditions. When you invest in a 529 plan, you are purchasing municipal securities whose value may vary based on market conditions. Ascensus Scoops Up Newport Group - National Association of Plan Advisors Revenue. For more information about Newport Group Consulting and its services, Newport Group Securities, Inc. or Newport Securities Insurance Services and services offered, please refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905, visit our website at www.newportgroup.com, or advisorinfo.sec.gov. Chief Human Resources Officer. NEWPORT GROUP, INC. is a California Stock Corporation - Out Of State - Stock filed on May 14, 2010. Our online Knowledge Center is continually updated with the latest news and information relevant to our clients and retirement plan participants. Funding $0 Acquisitions 2 News Latest News BILLION IN RETIREMENT ASSETS UNDER ADMINISTRATION, BILLION IN CORPORATE RETIREMENT + INSURANCE ASSETS. View Andre Mintz. Deferred Compensation and Executive Benefit Plans, Insurance Company-Owned Life Insurance (iCOLI), An Update on Our Unification with Ascensus, Newport Awarded Best in Class Honors in 2021 PLANSPONSOR Defined Contribution Survey, Newport Websites Ranked Again Among Best in Industry, Ascensus and Newport to Combine and Create a Leading Provider in Tax-Advantaged Savings, Insurance Company-Owned Life Insurance (ICOLI). For more information about Newport Group Consulting and its services, Newport Group Securities, Inc. or Newport Securities Insurance Services and services offered, please refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905, visit our website at www.newportgroup.com, or advisorinfo.sec.gov. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. Ramanis and Laning will join the Ascensus executive leadership team and remain with the unified company post-closing, according to the announcement. Securities in California are offered through Newport Securities Insurance Services. Upromise is a registered service mark. Newport Group Chief Executive Officer Education Greg Tschider studied at University of Wisconsin-Madison. Greg Tschider - University of Wisconsin Law School - LinkedIn Ratings from the Employees at Newport Group's Headquarters Printer Friendly View Address: 35 Iron Point Cir Ste 300 Folsom, CA, 95630-8589 United States . Youll learn how you can enhance your hiring and retention strategies. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. Above it says due to getting pension that SS was not collected on will have to adjust. Ascensus and Newport Group to Combine and Create a Leading Provider in The firms hope to be operating as one team by next spring.. DRESHER, Pa., Nov. 3, 2023 /PRNewswire/ Ascensus, whose technology and expertise help millions of people save for retirement, education, and healthcare, announced that it has entered into a definitive agreement under which Newport Group (Newport), the Walnut Creek, California-based retirement services provider, will merge with Ascensus.The newly combined organization will offer a broader . Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. Newports Perspective on Market Volatility Youll learn how you can enhance your hiring and retention strategies. In addition, the companies both invest in technology and offer digital capabilities and analytics. Exclusive Hauser Clip, Retiree Health Care Cost Estimates Still Induce Sticker Shock, 401(k)s Increasingly Under Attack in Wake of SECURE 2.0 Passage, Record Increases Forecast for 2023 Contribution and Benefit Limits, Record Increases Projected for 2023 Retirement Plan Limits, Limits on Wealthy Retirement Accounts Not in Inflation Reduction Act, A Fresh Look at Those the WEP Affects, Proposals to Change it, Retirement Savers Withstand 2022 Rollercoaster as Balances Rebound, Good News in PBGC Pension Insurance Data Tables. Participant Login FAQ Terms of the deal were not disclosed. The Newport Group expands service offerings to non-qualified plans, BOLI/ COLI, and fiduciary consulting. The CARES Act Effect on Retirement Plans: Kevin Patrick Senior Vice President Operations & Participant Services Newport Retirement Services Careers and Employment Greg Tschider is Chief Executive Officer of Newport, a leading independent provider of retirement plans, insurance and consulting services. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. Alerus adds senior retirement specialist; HSA Bank acquires HSA solutions provider; Innocap to acquire BNY Mellons HedgeMark business; and more. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences. Newport helps companies offer their associates a more secure financial future through retirement plans, insurance and consulting services. Pensions are not only paid for by private employers. "People Matter. " This transaction is a strategic fit for our. Most people dont plan to stay in touch with their former employer after they change jobs or retire. Newport Group acquires the Vested Interest defined contribution plan recordkeeping business of PNC Bank. Most people dont plan to stay in touch with their former employer after they change jobs or retire. Acquired Clark Consulting's operations, making us a leading provider of bank-owned life insurance (BOLI). Kelso & Company to Make Significant Investment in Newport Group Newport Group (NG) assists organizations with offering their workers a safer monetary future through retirement plans, counseling administrations, and insurance plans. CEO of Newport Group San Francisco Bay Area. Newport Group CEO & Leadership Team Ratings | Comparably Newport welcomed several expert panelists, who provided insight on retirement plan liability and fiduciary issues associated with actions taken during this current environment.

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