In response to investor demand, most institutional wirehouses and brokerage firms have reluctantly shifted from commission-based trading to fee-based investment advice. At Newport Private Capital, non-commissioned investment management has been a mainstay to our client-centered approach to portfolio management.

A fee-based cost structure, as opposed to a commission-based one, is more consistent with the best interests of the client. This approach also has the distinct advantage of motivating managers to build the value of your assets, rather than to simply make trades.

In addition to offering a flat percentage fee based on investable assets under our management, we also offer a performance fee* based on a percentage of profits, an option not offered by mutual fund managers or most advisers. It is a reflection of confidence in our ability to grow your assets, as a high watermark provision prevents us from getting paid this quarterly incentive fee until your portfolio valuation increases beyond its previous high. These objective fee arrangements simply remove potential conflicts that normally exist between the client and adviser.

Our fees are highly competitive and bundled to include: investment management; trusts and estate planning; tax planning and preparation; retirement and financial planning; and pension feasibility studies. Unlike traditional accounting firms and law firms that keep time sheets, we do not nickel and dime our clients for every phone call, meeting or service provided.

Generally, an all inclusive fee structure is more economical than an assortment of individually priced services.

* Performance fees are only available to clients that meet certain financial requirements.