Newport Wealth Advisors offers personalized investment advice to individuals, pension plans, trusts, estates, charities, corporations, and other businesses. They provide investment management through separately managed accounts and financial planning services. Newport Wealth Advisors is a fee-only firm, but some advisors may be registered representatives of a broker-dealer and receive commissions. The firm offers both discretionary and non-discretionary portfolio management services.
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.