Newport Investment Advisors, Inc.

Newport Investment Advisors, Inc. offers wealth management and portfolio management services to a diverse set of clients, including individuals, corporations, non-profits, foundations, trusts and qualified plans, integrating financial planning into the advisory process (financial planning is not offered as a standalone service). The firm manages accounts using a range of investment vehicles such as mutual funds, ETFs, individual securities, CDs, bonds and treasury securities.

The firm provides both discretionary and non-discretionary investment management and, based on its reported assets, manages the majority of client assets on a non-discretionary basis, which generally requires client consultation before implementing changes. Investment decisions incorporate fundamental, economic, technical and cyclical analysis and may include use of structured notes alongside traditional fixed income and equity instruments.

A distinguishing feature is that the firm also offers tax and accounting services in addition to investment management, an arrangement that is less common among independent advisors and may allow for closer coordination of tax and investment matters. The firm serves a relatively small number of clients with concentrated assets, documents and accommodates client-imposed trading restrictions, does not participate in wrap fee programs, and does not take custody of client assets except for authorized fee deductions.