Lawrence Depaul
Lawrence Depaul is a registered investment advisor at Newport Wealth Advisors, INC., based in Newport Beach, CA, with 23 years of industry experience. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 1,124 clients with $190M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Newport Wealth Advisors charges a percentage of your portfolio's value each year for investment management. This fee is calculated quarterly, either in advance or after the quarter ends. The exact percentage depends on how aggressively your portfolio is managed and the amount you invest. Fees may be negotiable.
For accounts with a performance fee, the annual advisory fee ranges from 1.00% to 2.00%.
They also offer variable annuity asset allocation services with fees of 1.25% or 1.50% depending on the allocation strategy.
Location
4695 Macarthur Court, 11th Floor, Newport Beach, CA, 92660
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2024Other Business ActivitiesSells Insurance
Lawrence is an independent insurance producer since 2007, dedicating about 10-20% of his time to this activity. He is also the president and investment adviser for Newport Wealth Advisors, spending full-time hours on this role.
Employment History
Current Registrations
Newport Wealth Advisors, INC.
Centaurus Financial, INC.Broker
Previous Registrations
Newport Wealth Advisors, INC.
Olmsted Advisors, INC.
Olmsted Advisors, INC.
Olmsted Advisors, INC.
Capital Growth ResourcesBroker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
State Registrations5 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.