Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company. WALNUT CREEK, CA, June 8, 2018 -- Newport Group, a leading provider of retirement plans, insurance, and consulting services, announced today that the company has reached an agreement with the private equity firm Kelso & Company (Kelso). Newport Group acquires the retirement recordkeeping, administrative, and actuarial services business of People's United Bank. Above it says due to getting pension that SS was not collected on will have to adjust. Ken Weida Senior Vice President Sales Ken Weida serves as the Senior Vice President Sales of Newport Group. Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. Contacts. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. Greg Tschider and the Newport Group leadership team are scored a B- by 9 employees placing it in the Top 40% of companies sized 1,001-5,000 Employees on Comparably. To ensure continuity of leadership, operations, and client service through closing, Laura. 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. Newport Group acquires the Vested Interest defined contribution plan recordkeeping business of PNC Bank. Get a D&B Hoovers Free Trial. Participant Login FAQ Martha has been working as a Assistant Vice President, Relationship Management for Newport Group for 1977 days. The newly combined organization will offer a broader set of capabilities and products to benefit institutional partners, clients, advisors, and savers. Peers. Pensions are not only paid for by private employers. Check out all Newport jobs Newport Moline, IL office. Greg Tschider serves as the CEO / President of Newport Group. Participant Login FAQ In this role, he leads the company's qualified retirement client service teams. Most providers of our size are attached to a larger financial institution. Quality First. This transaction is a strategic fit for our company. Kieran Brady. Securities in California are offered through Newport Securities Insurance Services. Privacy PolicyTerms of UseCopyright. On average, Wendy Cantey works for one company for 2 years 5 months. Ascensus and Newport are both respected leaders in the marketplaceand well-known for service excellence, deep expertise, investment independence and purpose-built technology, Musto says. 644 followers 500 . About NewportHeadquartered in Walnut Creek, California, Newport is a leading retirement services provider that helps employersand the advisors who serve themprepare employees for a more financially secure retirement. Newport Group has entered into a definitive agreement with PNC Bank to acquire its Vested Interest recordkeeping business. General FAQ Multiple locations. Ascensus will also have more than 700,000 health and flexible savings and COBRA [Consolidated Omnibus Budget Reconciliation Act] accounts, nearly 300,000 COLI/BOLI policies, and more than 140,000 nonqualified retirement plan participant accounts. "This transaction is a strategic fit for our company. Investment returns are not guaranteed, and you could lose money by investing in a 529 plan. " This transaction is a strategic fit for our. 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. David Musto, president and CEO of Ascensus, will serve as CEO of the combined company, while Greg Tschider has stepped down as CEO of Newport. "This transaction is a strategic fit for our company . As a combined company, well be able to even further advance our mission of helping individuals save for what matters., Musto added, I want to commend Greg Tschider and his team for their leadership and success in building a strong, highly respected, and winning company in our industry., This is a tremendous opportunity for our two companies and our people, said Ramanis. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. Size. Joining with Ascensus provides additional resources to continue the expansion of services, and I am excited to see the new ways that our combined associate teams will work together for our clients.. Ramanis and Laning will join the Ascensus executive leadership team and remain with the unified company post-closing, according to the announcement. To ensure continuity of leadership, operations and client service through closing, Laura Ramaniswho has served as Newports chief operating officer since 2014has been named interim CEO. Greg Tschider is Chief Executive Officer of Newport, a leading independent provider of retirement plans, insurance and consulting services. "PNC Bank is one of the largest and most-respected brands in the banking industry," says Greg Tschider, CEO of Newport Group. We may amend this policy from time to time; if we do, we will post those changes on this page within a reasonable time after the change so that you are aware of what information we collect and how we intend to use it. Investing Companies. Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company. Greg Tschider is Chief Executive Officer of Newport, a leading independent provider of retirement plans, insurance and consulting services. Depending on your interaction with Ascensus, other privacy policies may apply in addition to this Policy. All Rights Reserved 2023 Ascensus, LLC. 1985. 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. and the Ascensus logo are trademarks of Ascensus, LLC. For more information, visitascensus.com. 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. The recent ruling by the circuit judge on the burden of proof is deeply concerning and highlights Subject, of course, to the preservation of capital rule. Eric . The capital behind Verisight is Stone Point, a hedge fund in Greenwich, Conn. that bought out the Chicago family office a couple of years ago. Greg Tschider 98 Ratings Your trust is our top concern, so companies can't alter or remove reviews. Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. Evercore acted as exclusive financial advisor to Newport in connection with the transaction. David Musto, president and CEO of Ascensus, will serve as CEO of the combined company, while Greg Tschider has stepped down as CEO of Newport. Securities in California are offered through Newport Securities Insurance Services. Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans. Copyright 2023 Asset International, Inc. All Rights Reserved. Successful organizations have evaluated the competitiveness of their compensation programs, retirement plans, and employee benefits portfolio to effectively compete for and retain the talent that drives success. During his tenure, AST grew into one of the leading independent trust companies in the country. Were redirecting you to the most relevant section of NewportGroup.com. Following a two-day planned meeting where the organization discussed its priorities for the year, the committee has named a new Alerus names new senior retirement specialist; WTW appoints global head of credit, manager research; and NFP acquires AFS Advisors. Greg Tschider has stepped down as CEO of Newport. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. It takes less than ten minutes to set up your company page. General FAQ According to a press release, the newly combined organization will offer a broader set of capabilities and products to benefit institutional partners, clients, advisors, and savers. Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. She will be supported by Kurt Laning, executive vice president, Non-Qualified and Insurance Solutions, along with Newports senior management team. Jacqueline Ward. But employers that lose contact with participants who maintain a balance in the companys retirement plan risk breaching their fiduciary duties and jeopardizing the tax-qualified status of their plan. Edit Contacts Section. Greg Tschider, who led Newports successful growth strategy, has stepped down as CEO of Newport. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. The company's filing status is listed as Withdrawn and its File Number is 800135460. Website. 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. David Musto, president and CEO of Ascensus, will serve as CEO of the combined company. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. Greg Tschider Chief Executive Officer, Newport Informative Webinars Managing Challenges for Non-Qualified Plans Related to Coronavirus This webinar provided insight on the unique economic impact that the coronavirus pandemic has had on non-qualified executive benefit plans. Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans. Newport Group CEO Greg Tschider said in a statement, "Our independence, coupled with our experience and responsiveness, is what our brand stands for. Ramanis and Laning will join the Ascensus executive leadership team and remain with the unified company post-closing, according to the announcement. Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. "People Matter. Not Quite, The ERISA Industry Committee Promotes Two, Announces Priorities. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. THE NEWPORT GROUP, INC. is an Arkansas Foreign For-Profit Corporation filed on June 3, 2008. To ensure continuity of leadership, operations and client service through closing, Laura Ramaniswho has served as Newports chief operating officer since 2014has been named interim CEO. The current wave of recordkeeper consolidation continues, with the Nov. 3 announcement that Ascensus has entered into a definitive agreement under which Newport Group will merge with the firm.. David Musto, president and CEO of Ascensus, will serve as CEO of the combined company, while Greg Tschider has stepped down as CEO of Newport. The firms hope to be operating as one team by next spring.. Our union confirms the hard work of our dedicated employees and partners. Newports Perspective on Market Volatility Enroll in Your Plan, For account questions or help logging in, Successful organizations have evaluated the competitiveness of their compensation programs, retirement plans, and employee benefits portfolio to effectively compete for and retain the talent that drives success. 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. Ascensus is a leading recordkeeping services provider, third-party administrator, and government savings facilitator inthe United States. . $50M to $100M. Navigating the New Normal: Anticipating Plan Compliance Challenges in the Age of Coronavirus. 1 email found 3 phone numbers found . Acquisition of Evercore Trust Companys institutional trust and independent fiduciary business, now part of Newport Trust Company. Our union confirms the hard work of our dedicated employees and partners. Were redirecting you to the most relevant section of NewportGroup.com. Scott Pollack is Executive Vice President at Newport. Free and open company data on Texas (US) company Newport Group, Inc. (company number 0802356195), 1350 TREAT BLVD, STE 300, Walnut Creek, CA, 94597. Greg Tschider has stepped down as CEO of Newport. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser.
Welcome to NRS Logistics!
greg tschider newport group