. 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. The Registered Agent on file for this company is Corporation Service Company D/B/A Csc-Lawyers Incorporationg Service Company and is located at 211 E. 7th Street, Suite 620, Austin, TX 78701-3218. Youll learn how you can enhance your hiring and retention strategies. We expect the service platform investment, product expansion, and enhanced capabilities our union will deliver to be well-received by our collective clients. Newport Group Purchases PNC Bank's Recordkeeping Business Get a D&B Hoovers Free Trial. Newport Group acquires Kidder Benefits Consultants, and its affiliate Kidder-Lane Actuarial Services. Ascensus and the Ascensus logo are trademarks of Ascensus, LLC. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Upromise is a registered service mark. He previously served as president of Wilmington Trust Retirement and Institutional Services Company (a member of the Wilmington Trust Company family; NYSE: WL) and its predecessor company, AST Capital Trust Company of Delaware. Ramanis and Laning will join the Ascensus executive leadership team and remain with the unified company post-closing. Newport Group CEO Greg Tschider said in a statement, "Our independence, coupled with our experience and responsiveness, is what our brand stands for. BILLION IN RETIREMENT ASSETS UNDER ADMINISTRATION, BILLION IN CORPORATE RETIREMENT + INSURANCE ASSETS. https . Newport maintains investment objectivity, fee transparency and a commitment to flexible, responsive service. Retirement plan participants can call Newports Participant Service Center at 844-749-9981, Monday through Friday, 8 a.m. to 8 p.m. Employees 1.0-5.0K Agree? With so much news and real time information readily at hand, it can be difficult for anyone to process what is relevant and critical for making prudent financial decisions. The Newport Group to Acquire Greensboro Operations of Clark Consulting Greg Tschider - University of Wisconsin Law School - LinkedIn NEWPORT GROUP, INC. :: California (US) :: OpenCorporates Verisight and Newport Group merge DC businesses Together with its affiliate, Verisight, Inc., the firm has approximately 1,000 associates across the nation, more than 9,500 plans with over 975,000 plan participants, and services more than $120. This webinar provided insight onthe unique economic impact that the coronavirus pandemic has had on non-qualified executive benefit plans. "PNC Bank is one of the largest and most-respected brands in the banking industry," says Greg Tschider, CEO of Newport Group. The firms hope to be operating as one team by next spring.. 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 . The materials contained herein are intended for instruction only and are not a substitute for professional advice. General FAQ (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. 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. Greg has extensive experience in the retirement services industry. Chief Human Resources Officer. Newport Group achieves a major milestone: providing service to more than one million retirement and benefit plan participants. Please update your bookmarks accordingly. Newport Group, Inc. Company Profile | Folsom, CA | Competitors Under Greg's leadership, Newport has grown to a national full-service retirement provider servicing more than $265 billion of corporate retirement and insurance assets and 1.4 million plan participants. Peers. . Greg Tschider - Crunchbase Person Profile Ramanis and Laning will join the Ascensus executive leadership team and remain with the unified company post-closing, according to the announcement. Most people dont plan to stay in touch with their former employer after they change jobs or retire. Newport Group, Inc. :: Texas (US) :: OpenCorporates "PNC Bank is one of the largest and most-respected brands in the banking industry," said Newport Group Chief Executive Officer Greg Tschider. 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. Kieran Brady. EVP, Client Services at Newport Group. CEO. 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. Newport Group Picks Up Recordkeeping Business of PNC Bank Newport Group to Purchase PNC Bank's Vested Interest DC Recordkeeping 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. Were redirecting you to the most relevant section of NewportGroup.com. 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. Company Description We are a leading provider of retirement plans, insurance, and consulting services. 644 followers 500 . 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. Evercore acted as exclusive financial advisor to Newport in connection with the transaction. According to LinkedIn Martha started working on 1998, then the employee has changed 3 companies and 3 jobs. Greg Tschider serves as the CEO / President of Newport Group. 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. "This transaction is a strategic fit for our company. Chief Financial Officer. 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. To ensure continuity of leadership, operations and client service through closing, Laura Ramaniswho has served as Newport's chief operating officer (COO) since 2014has been named interim CEO. Verisight will continue to be led by Greg Tschider, who helped a family business based in Chicago roll up trust and custody firms before they sold that and moved on to the record keeping industry. 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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. Scott Pollack. General FAQ Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. 702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. CEO of Newport Group San Francisco Bay Area. The Newport Group, DailyAccess, and Verisight rebrand as one retirement, insurance and consulting services provider: Newport. The newly combined organization will offer a broader set of capabilities and products to benefit institutional partners, clients, advisors, and savers. EVP, Client Services. The American Society of Pension Professionals & Actuaries is a non-profit professional society. Ascensus Scoops Up Newport Group | AMERICAN SOCIETY OF PENSION As one company, well deliver so much more than the sum of our capabilitiesand set a new performance standard for service excellence and client satisfaction in the markets we serve. 1 email found 3 phone numbers found . Were redirecting you to the most relevant section of NewportGroup.com. This site is designed for U.S. residents only. 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 . Enroll in Your Plan, For account questions or help logging in, Greg Tschider is Chief Executive Officer of Newport, a leading independent provider of retirement plans, insurance and consulting services. " This transaction is a strategic fit for our. The newly combined organization will offer a broader set of capabilities and products to benefit institutional partners, clients, advisers and retirement savers, the firm says. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. 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. Join the conversation on Finance 3m a Commercial Customer Service Representative What's the best way to have a lack of compensation and incentive conversation in your department? Alerus adds senior retirement specialist; HSA Bank acquires HSA solutions provider; Innocap to acquire BNY Mellons HedgeMark business; and more. Youll learn how you can enhance your hiring and retention strategies. January 9, 2019 Uncategorized. 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. call the Participant Service Center at844-749-9981, This on-demand webinar is focused on key levers for retaining talent in todays complex environment. Deferred Compensation and Executive Benefit Plans, Insurance Company-Owned Life Insurance (iCOLI), An Update on Our Unification with Ascensus, Newport Awarded Best in Class Honors in 2021 PLANSPONSOR Defined Contribution Survey, Newport Websites Ranked Again Among Best in Industry, Ascensus and Newport to Combine and Create a Leading Provider in Tax-Advantaged Savings, Insurance Company-Owned Life Insurance (ICOLI), Combination represents a compelling strategic fit and creates a leader in tax-advantaged savings that is well-positioned to lead amid industry transformation. General FAQ Learn more about Newports vital 3(16) administrative fiduciary services, which are provided at no cost to clients. Investing Companies. 1985. 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. Ascensus gobbles up Newport | Ary Rosenbaum - The Rosenbaum Law Firm P How Newport is Responding to COVID-19 | Newport Newport Trust Company formed, offering our clients non-discretionary, directed trustee and custodial services. Privacy PolicyTerms of UseCopyright. Greg Tschider - CEO at Newport Group | The Org No Reproduction Without Prior Authorizations. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. Job Department. Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans. Kevin Patrick Senior Vice President Operations & Participant Services Newport Group CEO & Leadership Team Ratings | Comparably And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Greg Tschider has stepped down as CEO of Newport. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. This site is designed for U.S. residents only. Edit Contacts Section. GREG TSCHIDER, president; GREG TSCHIDER, chief executive officer; KURT LANTING, vice president; LAURA RAMANIS, chief operating officer; Not Quite, The ERISA Industry Committee Promotes Two, Announces Priorities. Greg Tschider. This transaction is a strategic fit for our company. David Musto, president and CEO of Ascensus, will serve as CEO of the combined company. Multiple locations. She will be supported by Kurt Laning, executive vice president, Non-Qualified and Insurance Solutions, along with Newports senior management team. Scott Pollack - EVP, Client Services at Newport Group | The Org Greg Tschider - CEO at Newport Group - Wiza Ascensus Scoops Up Newport Group - AMERICAN SOCIETY OF PENSION Ascensus is a leading recordkeeping services provider, third-party administrator, and government savings facilitator inthe United States. 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. 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 Where Is Nick Turani From, Aclu Socal Fellowship, Articles G
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