Participant Login FAQ Funding $0 Acquisitions 2 News Latest News Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company. 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. Ken Weida Senior Vice President Sales Ken Weida serves as the Senior Vice President Sales of Newport Group. "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. The availability of tax advantages or other benefits may be contingent on meeting other requirements. It takes less than ten minutes to set up your company page. Advisors and plan sponsor clients who have specific questions related to The CARES Act or how coronavirus is impacting benefit plans can contact us at coronavirusquestions@newportgroup.com. Type. Acquired Clark Consulting's operations, making us a leading provider of bank-owned life insurance (BOLI). Above it says due to getting pension that SS was not collected on will have to adjust. Key Principal: Greg W Tschider See more contacts Industry: Pension and retirement plan consultants. Laura Ramanis Chief Operating Officer Laura Ramanis serves as the Chief Operating Officer of Newport Group. EVP, Client Services at Newport Group. Greg Tschider 1 Rating Newport Moline, IL isn't hiring right now. Large. Chief Human Resources Officer. Verisight and Newport Group merge DC businesses Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans. Revenue. Greg has extensive experience in the retirement services industry. Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. https . Privacy PolicyTerms of UseCopyright. Newport Group CEO Greg Tschider said in a statement, "Our independence, coupled with our experience and responsiveness, is what our brand stands for. Depending on your interaction with Ascensus, other privacy policies may apply in addition to this Policy. Company Type FOREIGN STOCK Jurisdiction California (US) Branch Branch of VERISIGHT, INC. (Delaware (US)) Registered Address 1350 TREAT BOULEVARD SUITE 300 WALNUT CREEK CA 94567 United States Agent Name CORPORATION SERVICE COMPANY WHICH WILL DO BUSINESS IN CALIFORNIA AS CSC - LAWYERS INCORPORATING SERVICE Agent Address Job Department. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences. Jacqueline Ward. Most people dont plan to stay in touch with their former employer after they change jobs or retire. Ascensus and Newport Group to Merge | PLANSPONSOR Pension Specialists acquires NextStep Defined Contribution, Inc. Pension Specialists, Inc. is founded in California. 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. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. 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. Edit Contacts Section. Were here to provide trusted guidance during this period of uncertainty. Terms of the deal were not disclosed. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. Website. Kelso & Company to Make Significant Investment in Newport Group Newport Group's Competitors, Revenue, Number of Employees - Owler Greg Tschider Newport Group CEO Rating | Comparably Alerus adds senior retirement specialist; HSA Bank acquires HSA solutions provider; Innocap to acquire BNY Mellons HedgeMark business; and more. ET. Pensions are not only paid for by private employers. The American Society of Pension Professionals & Actuaries is a non-profit professional society. Kevin Patrick Senior Vice President Operations & Participant Services GREG TSCHIDER, president; GREG TSCHIDER, chief executive officer; KURT LANTING, vice president; LAURA RAMANIS, chief operating officer; Newport Trust Company formed, offering our clients non-discretionary, directed trustee and custodial services. As a combined company, well be able to even further advance our mission of helping individuals save for what matters., SPONSORED MESSAGE SCROLL FOR MORE CONTENT. The company's filing status is listed as Active and its File Number is 3307407. Similarly, the firms say Newports clients will benefit from greater access to tax-advantaged savings solutions across retirement, education and health provided by Ascensus. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. On average, Wendy Cantey works for one company for 2 years 5 months. 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. 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. This transaction is a strategic fit for our company. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Scott Pollack - EVP, Client Services at Newport Group | The Org Newport Group company overview, insights, and reviews | Lensa Moreover, the firms say that the companies respective investments in technology, digital capabilities, and analytics will deliver enhanced value to clients, expand client relationships, and create better outcomes for savers., Ascensus and Newport are both respected leaders in the marketplaceand well-known for service excellence, deep expertise, investment independence, and purpose-built technology, said Musto. DRESHER, Pa., Nov. 3, 2021 /PRNewswire/ -- Ascensus, whose technology and expertise help millions of people save for retirement, education, and healthcare, announced that it has entered into a . The Registered Agent on file for this company is CT Corporation and is located at 124 W Capitol Ave Ste 1400 124 W Capitol Ave Ste 1400, Little Rock, AR 72201. Chief Financial Officer. Newport Group Enters into Definitive Agreement to Purchase PNC Bank's Employees 1.0-5.0K Agree? "PNC Bank is one of the largest and most-respected brands in the banking industry," says Greg Tschider, CEO of Newport Group. Learn more about Newports vital 3(16) administrative fiduciary services, which are provided at no cost to clients. Newport Group has entered into a definitive agreement with PNC Bank to acquire its Vested Interest recordkeeping business. Company Description We are a leading provider of retirement plans, insurance, and consulting services. Ramanis and Laning will join the Ascensus executive leadership team and remain with the unified company post-closing, according to the announcement. 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. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. Securities in California are offered through Newport Securities Insurance Services. CEO of Newport Group San Francisco Bay Area. Greg Tschider is the Chief Executive Officer at Newport Group. Were redirecting you to the most relevant section of NewportGroup.com. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, China Gives New Backing to Coal Even as Clean Energy Accelerates, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Ascensus Scoops Up Newport Group | AMERICAN SOCIETY OF PENSION Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company. According to LinkedIn Martha started working on 1998, then the employee has changed 3 companies and 3 jobs. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. 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. Newport Group was founded in 1985 and its current CEO is Greg Tschider. According to ZoomInfo records, Greg Tschider's professional experience began in 2003. NEWPORT GROUP, INC. in Walnut Creek, CA | Company Info & Reviews Were redirecting you to the most relevant section of NewportGroup.com. Were redirecting you to the most relevant section of NewportGroup.com. Newport Group's CEO, Greg Tschider, has a CEO approval rating of 80/100, as scored by 8 Newport Group employees, placing Greg Tschider in the Top 10% of similarly-sized companies for CEO score. call the Participant Service Center at844-749-9981, Managing Challenges for Non-Qualified Plans Related to Coronavirus Plan Sponsor Liability and Fiduciary Responsibilities in Light of COVID-19 Were redirecting you to the most relevant section of NewportGroup.com. On average, Martha works for one company for 9 years 9 months. call the Participant Service Center at844-749-9981, This on-demand webinar is focused on key levers for retaining talent in todays complex environment. Were redirecting you to the most relevant section of NewportGroup.com. Newport Moline, IL Office | Glassdoor Ascensus Scoops Up Newport Group - AMERICAN SOCIETY OF PENSION Specifically that with their qualified and non-qualified retirement plan services, fiduciary consulting services, and corporate and bank-owned life insurance practices, Newport will expand the solutions and expertise Ascensus provides to its clients and advisor partners, while Newports clients will gain greater access to unique tax-advantaged savings solutions across retirement, education and health. NEWPORT GROUP, INC. is a Texas Foreign For-Profit Corporation filed on December 14, 2015. To ensure continuity of leadership, operations, and client service through closing, Laura. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. Greg Tschider has stepped down as CEO of Newport. General FAQ In todays highly competitive labor market coupled with high inflation and global issues, employers continue to find it more challenging to compete for talent. Search Contacts. "People Matter. Participant Login FAQ 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. 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. 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. By using our website, interacting with us on social media, or communicating with us via email or other electronic messages (Digital Presence), you consent to the collection, use, and storage of your personal and non personal information as described by our Terms & Conditions of Use, which includes our Privacy & Security Statement. $50M to $100M. Ascensus and Newport Group to Combine and Create a Leading - Benzinga Upromise is a registered service mark. / Newport Group, Inc. Newport Group, Inc. Website. She will be supported by Kurt Laning, executive vice president, Non-Qualified and Insurance Solutions, along with Newports senior management team. Greg Tschider has stepped down as CEO of Newport. This site is designed for U.S. residents only. 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. 1 email found 3 phone numbers found . Size. Newport Group CEO & Leadership Team Ratings | Comparably The materials contained herein are intended for instruction only and are not a substitute for professional advice. Newport Group has entered into a definitive agreement with PNC Bank to acquire its Vested Interest recordkeeping business. Copyright 2023 Asset International, Inc. All Rights Reserved. The CARES Act Effect on Retirement Plans: Wendy Cantey has been working as a Senior Vice President of Strategic Initiatives and the Enterprise Project Management Office, Technol for Newport Group for 1034 . Newport by the numbers Over 45% OF THE FORTUNE 500 AS CLIENTS $169+ BILLION IN RETIREMENT ASSETS UNDER ADMINISTRATION 39,000+ PLANS $330+ Our union confirms the hard work of our dedicated employees and partners. She will be supported by Kurt Laning, executive vice president, nonqualified and insurance solutions, along with Newports senior management team. When you invest in a 529 plan, you are purchasing municipal securities whose value may vary based on market conditions. Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. 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. Ascensus and Newport Group to Combine and Create a Leading Provider in Newport's experts provideda comprehensive review of this unprecedented legislation and how it impacts the day-to-day operations of retirement plans. The firms hope to be operating as one team by next spring.. About AscensusAscensus helps millions of people save for what mattersretirement, education, and healthcare. Since its inception 38 years ago, Newport Group has grown to 1200 employees. This webinar provided insight onthe unique economic impact that the coronavirus pandemic has had on non-qualified executive benefit plans. retirement plan provider mergers and acquisitions, House Votes to Overturn Rule Allowing ESG Investing in Retirement Plans, SS&C Hires Nelson From Tata Consultancy as Retirement Business COO, Senate Follows House in Rejecting DOL ESG Rule, End Of The Road For Defined Benefit Plans? After the acquisition, Greg Tschider, CEO of Verisight, will be chief executive of the qualified retirement plan services business, and Newport CEO Peter Cahall, will be chief executive of the . Eric . View Andre Mintz. Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans. Expanded tax-advantaged savings participant base of more than 15 million people across the U.S. Increase of Ascensus-administered assets under administration to more than $700 billion when combined with Newports business*, Diversified client base, including more than 150,000 retirement plans, Management of an industry-leading $184 billion in government savings accounts (including 529 plans, ABLE savings accounts, and state-facilitated retirement programs), more than 700,000 health and flexible savings and COBRA accounts, nearly 300,000 COLI/BOLI policies, and more than 140,000 non-qualified retirement plan participant accounts*, Broader set of products and solutions delivering enhanced value to new and existing clients, Increased investment in technology and digital solutions designed to enhance partner efficiency and drive saver outcomes, Experienced leadership teams with outstanding track records across both organizations, Continued commitment to service excellence and client satisfaction offers opportunity to build on world-class NPS scores to set a new performance standard in markets served, Increased size and reach of sales and distribution channel relationships supporting partner growth, Depth and breadth of our combined expertise, including retirement, compliance, actuarial, non-qualified, insurance, and fiduciary services, represents a significant value-add for our clients, New and expanded career path opportunities for Ascensus and Newport associates resulting from the combination of two great companies focused on long-term growth, Increased ability to attract, retain, and develop top talent, Continued commitment to a diverse and inclusive work environment where every associate feels welcome, valued, and safe, and enjoys a sense of belonging, A common heritage of integrity and independence, coupled with the resourcefulness and speed of a market innovator. Youll learn how you can enhance your hiring and retention strategies. Greg has 1 job listed on their profile. Martha has been working as a Assistant Vice President, Relationship Management for Newport Group for 1977 days. Enroll in Your Plan, For account questions or help logging in, Wendy Cantey's email & phone number - Senior Vice President of Greg Tschider - Crunchbase Person Profile 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 and the Ascensus logo are trademarks of Ascensus, LLC. This site is designed for U.S. residents only. This includes 529 plans, ABLE [Achieving a Better Life Experience] savings accounts and state-facilitated retirement programs. We expect the service platform investment, product expansion, and enhanced capabilities our union will deliver to be well-received by our collective clients. See All 306 Reviews Diversity & Inclusion at Newport 4.3 ( 64 Reviews) Reveal contact info Contact details Work email g*****@newpor***.com Valid Reveal Latest update September 27, 2021 Location San Francisco Bay Area Greg's current employer Export Newport Group Website newportgroup.com Industry (November 3, 2020) - Newport Group, Inc. (Newport) announced today that it has completed the purchase of Plan Administrators, Inc. (PAi), a third party administrator and recordkeeper headquartered in De Pere, Wisconsin. Ascensus, Newport Group merge - InvestmentNews . Banks, Credit Unions, & Financial Institutions, Combination represents acompelling strategic fit and creates a leader in tax-advantaged savings that is well-positioned to lead amid industry transformation. Newport Group Acquires PNC Bank's Vested Interest | Newport and the Ascensus logo are trademarks of Ascensus, LLC. 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. The Registered Agent on file for this company is Corporation Service Company Which Will Do Business IN California As Csc - Lawyers Incorporating Serv and is located at 2710 Gateway Oaks Dr Ste 150n, Sacramento, CA 95833. Greg Tschider has stepped down as CEO of Walnut Creek, California-based Newport, and Laura Ramanis, its chief operating officer, will serve as interim CEO until the close of the transaction, the . About. Securities in California are offered through Newport Securities Insurance Services. The firms hope to be operating as one team by next spring.. Newport Group (NG) assists organizations with offering their workers a safer monetary future through retirement plans, counseling administrations, and insurance plans. Above it says due to getting pension that SS was not collected on will have to adjust. 702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /. Greg Tschider. Specifically that with their qualified and non-qualified retirement plan services, fiduciary consulting services, and corporate and bank-owned life insurance practices, Newport will expand the solutions and expertise Ascensus provides to its clients and advisor partners, while Newports clients will gain greater access to unique tax-advantaged savings solutions across retirement, education and health. 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. Enroll in Your Plan, For account questions or help logging in, Staffed by an exceptional team of nearly 1,500 retirement, insurance, and consulting professionals, the company provides retirement solutions tailored to the needs of employers of every size, from small businesses to the Fortune 1000. Ascensus has entered into a definitive agreement for Newport Group, a Walnut Creek, California-based retirement services provider, to merge with Ascensus. With Newports business, Ascensus will also see an expanded tax-advantaged savings participant base, which will now reach more than 15 million people across the United States.