DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Newport Capital Group, LLC
Latest filing Mar 20, 2026
First filing on the tape Dec 20, 2011 · 37 filings
SEC status approved since Sep 18, 2007
RAUM
$1.3B
reported, Item 5.F
Discretionary
31%
of RAUM
Private clients
30%
$387M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$128M
derived; firm RAUM over IAPD count
Employees
18
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$1.3B as of Mar 20, 2026
Mar 15, 2012$1.6B then
HNW client RAUM$369M as of Mar 20, 2026
Mar 29, 2018$146M then
State-registered IARs (5.B.3)9 as of Mar 20, 2026
Mar 15, 20120 then
Employees (5.A)18 as of Mar 20, 2026
Mar 20, 201320 then
Private funds1 as of Mar 20, 2026
Mar 31, 20141 then
RAUM +5.1% over the last fiscal year+72% a year over threeIARs 9 to 9
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $128MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 14derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.0MderivedHNW RAUM over HNW clients
- Average account
- $3.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 31%derivedof RAUM
- Institutional
- 69%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 10.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +11%derived
- Compensation
- percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $186M, 18 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$877M68%
- High-net-worth individuals$369M29%
- Individuals$18.1M1.4%
- Corporations and businesses$8.4M0.7%
- Charitable organizations$5.8M0.5%
- Pooled investment vehicles$1.8M0.1%
- Individual clients
- 66reported
- HNW clients
- 74reported
- Pension plan clients
- 111reported
- Charitable clients
- n/areported
- Accounts
- 414reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $186M for 18 clientsreported
- Compensation
- % of AUM, fixed, hourly, performancereported
- Class basis
- private_client_share=0.3 fund_share=0.0 institutional_share=0.69 related_bd=true related_bank=false bd_reps=6.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Domenic Matthew Dipiero | Red Bank, Nj | Sep 18, 2007 | 22 y | 1 |
| Michelle Denise BennettCertified Financial Planner | Red Bank, Nj | Aug 29, 2008 | 22 y | 1 |
| Jocelyn DegrooteCertified Financial Planner | Red Bank, Nj | Aug 27, 2014 | 18 y | 4 |
| Joanne Shizue SpearsCertified Financial Planner | Red Bank, Nj | Sep 8, 2023 | 11 y | 1 |
| Armand Iacobellis | Red Bank, Nj | May 6, 2025 | 14 y | 0 |
| John D WibbelsmanChartered Financial Analyst | Red Bank, Nj | Jan 1, 2026 | 18 y | 0 |
| David Neil Kozodoy | Red Bank, Nj | Jan 1, 2026 | 13 y | 0 |
| Joseph Mansour Kyrillos | Red Bank, Nj | Jan 1, 2026 | 33 y | 0 |
| Nicholas Gaetano Bellia | Red Bank, Nj | Jan 1, 2026 | 16 y | 0 |
| Robert James MilmoreChartered Financial Analyst | Red Bank, Nj | Jan 1, 2026 | 28 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Nicholas Joseph Dolce to Advice And Planning ServicesApr 30, 2013 · Other
- Kimberly Christine Riccoboni to Msi Financial Services, Inc.Nov 2, 2011 · Other
- Eric Todd Lanshe to Cetera Investment Services LLCMar 19, 2008 · Other
Joined, latest
- Joanne Shizue Spears from Merrill Lynch, Pierce, Fenner & Smith IncorporatedSep 8, 2023 · Wirehouse to independent RIA
- Jocelyn Degroote from Santander SecuritiesAug 27, 2014 · Other
- Kimberly Christine Riccoboni from Walnut Street Securities, Inc.Jan 6, 2011 · Other
- Michelle Denise Bennett from Walnut Street Securities, Inc.Aug 29, 2008 · Other
- Domenic Matthew Dipiero from Walnut Street Securities, Inc.Sep 18, 2007 · Other
- Eric Todd Lanshe from Walnut Street Securities, Inc.Sep 18, 2007 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Newport Holdings, L.P. | Private Equity Fund | $1.8M | 14 | Mar 31, 2014 |
Owners and control persons
Schedule A and B, latest filing
- Denise Michelle Bennett · Chief Compliance Officer/ Executive Vice Presidentcontrolsince 11/2004 · owns less than 5%
- Matthew Domenic Dipiero · Presidentcontrolsince 11/2004 · owns less than 5%
- Michael David Dipiero · Trusteesince 10/2016 · owns F of Domenic M Dipiero Family Trust F/B/O Domenic M. Dipiero
Entity owners
- Domenic M. Dipiero Family Trust · Memberdirect · owns 75% or more
- Domenic M. Dipiero Family Trust F/B/O Domenic M. Dipiero III · Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- Ncg Securities LLCbroker-dealern
- Newport Holdings LLCpooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Red Bank, Nj · principal | 10 | 5 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Mar 20, 2026institutional share of RAUM of 69% against a peer median of 3% (1360 comparable advisers, 99.0th percentile, 16.4 robust deviations)peers: independent wealth managers, $1B to $5B (1,360) · 99% percentile
- discretionary share shiftChange between filings · filing Mar 20, 2026discretionary share of RAUM moved from 99.0% to 31.0% between the annual amendments of 2025-03-31 and 2026-03-20peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 366 to 414Mar 31, 2025 to Mar 20, 2026
- BD registered reps · 5 to 6Mar 31, 2025 to Mar 20, 2026
- HNW clients · 68 to 74Mar 31, 2025 to Mar 20, 2026
- Individual clients · 58 to 66Mar 31, 2025 to Mar 20, 2026
- Pension plan clients · 104 to 111Mar 31, 2025 to Mar 20, 2026
- Assets in custody · $177M to $186MMar 31, 2025 to Mar 20, 2026
- Employees · 17 to 18Mar 31, 2025 to Mar 20, 2026
- Discretionary RAUM · $1.2B to $401MMar 31, 2025 to Mar 20, 2026
- HNW RAUM · $332M to $369MMar 31, 2025 to Mar 20, 2026
- Individual RAUM · $12.5M to $18.1MMar 31, 2025 to Mar 20, 2026
- Non-discretionary RAUM · $9.0M to $880MMar 31, 2025 to Mar 20, 2026
- Pension RAUM · $863M to $877MMar 31, 2025 to Mar 20, 2026
- Pooled vehicle RAUM · $2.2M to $1.8MMar 31, 2025 to Mar 20, 2026
- RAUM · $1.2B to $1.3BMar 31, 2025 to Mar 20, 2026
- Accounts · 296 to 366Mar 29, 2024 to Mar 31, 2025
- Advisory employees · 8 to 7Mar 29, 2024 to Mar 31, 2025
- HNW clients · 57 to 68Mar 29, 2024 to Mar 31, 2025
- Individual clients · 49 to 58Mar 29, 2024 to Mar 31, 2025
- Pension plan clients · unset to 104.0Mar 29, 2024 to Mar 31, 2025
- Assets in custody · $173M to $177MMar 29, 2024 to Mar 31, 2025
- Employees · 19 to 17Mar 29, 2024 to Mar 31, 2025
- Financial planning clients · 26-50 to 26-50Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $320M to $1.2BMar 29, 2024 to Mar 31, 2025
- HNW RAUM · $303M to $332MMar 29, 2024 to Mar 31, 2025
- Individual RAUM · $10.5M to $12.5MMar 29, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $6.9M to $9.0MMar 29, 2024 to Mar 31, 2025
- Pension RAUM · $6.0M to $863MMar 29, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $2.3M to $2.2MMar 29, 2024 to Mar 31, 2025
- RAUM · $327M to $1.2BMar 29, 2024 to Mar 31, 2025
- Accounts · 288 to 296Oct 2, 2023 to Mar 29, 2024
- Advisory employees · 7 to 8Oct 2, 2023 to Mar 29, 2024
- BD registered reps · 4 to 5Oct 2, 2023 to Mar 29, 2024
- Individual clients · 53 to 49Oct 2, 2023 to Mar 29, 2024
- Assets in custody · $92.6M to $173MOct 2, 2023 to Mar 29, 2024
- Employees · 17 to 19Oct 2, 2023 to Mar 29, 2024
- Discretionary RAUM · $246M to $320MOct 2, 2023 to Mar 29, 2024
- HNW RAUM · $222M to $303MOct 2, 2023 to Mar 29, 2024
- Individual RAUM · $12.4M to $10.5MOct 2, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $4.2M to $6.9MOct 2, 2023 to Mar 29, 2024
- Pension RAUM · $10.8M to $6.0MOct 2, 2023 to Mar 29, 2024
Signals
1 dated events
- Newport Capital Group, Llc reported RAUM $1.2B, up 273% from $326.8M (2024-03-29 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Newport Capital Group, LLC · Independent Sponsorsshared crd · capital_provider
- Newport Capital Group, LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business email
- info@newportcapitalgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 732-741-8400reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/newport-capital-group-usareportedpublic record, Form ADV, Sep 17, 2026
- Website
- newportcapitalgroup.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 732-741-8400reportedpublic record, Form ADV, Mar 20, 2026
- Contact form
- newportcapitalgroup.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- newportcapitalgroup.com/our-teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $128Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026