Newport Fund Management Inc (San Francisco)

Newport Fund Management Inc is a large advisory firm based in San Francisco. It manages $491.14 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2001.

Newport Fund Management provides portfolio management for individuals and small businesses and portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Newport Fund Management: assets under management

The assets under management (AUM) of Newport Fund Management Inc is $491.14 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -71% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $491.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $70.16 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Newport Fund Management Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Newport Fund Management Inc

John Miller Mussey has been acting as President since 1 Dec 1983. Thomas Francis Biesiadecki joined the executive team most recently as the Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Miller Mussey	Chairman	1 Dec 1983	Other	1760696
Newport Pacific Management Inc	Majority shareholder	1 Aug 1987	75% - 100%	104886
Thomas Rogerson Tuttle	President and director	1 May 1994	Other	1320153
David Ritchie Smith	Managing director	1 Oct 1994	Other	427294
Lynda Brunker Couch	Managing director	1 Apr 1995	Other	1944412
Susan Leslie Grivas	Managing director	1 Apr 1996	Other	2731476
Christopher Hayden Legallet	Senior vice president and chief investment officer	1 May 1997	Other	1899284
R Carlson	Chief financial officer, treasurer, secretary and compliance officer	1 Dec 1997	Other	2794105
Charles Rooker Roberts	Managing director	1 Nov 1998	Other	4348361
Susan Leslie Grivas	Chief operating officer	1 Aug 2001	Other	2731476
Inc. Fleet/Liberty Holdings	Minority shareh0lder of newport fund management, inc.	1 Nov 2001	Other	00-0000000
Dee Ann Gilbert	Compliance officer	1 Nov 2001	Other	4485184
Keith Banks	Director	1 Nov 2001	Other	2460880
Joseph Robert Palombo	Director	1 Nov 2001	Other	2543562
Reynold C. Samoranos	Senior vice president - finance and administration	1 Nov 2001	Other	4484707
Jean Susan Loewenberg	Secretary and chief legal officer	1 Nov 2001	Other	1811391
Inc. Columbia Management Group	Minority shareh0lder of newport fund management, inc.	1 Nov 2001	Other	01-0547933
Keith Thomas Banks	Director, president, ceo and chairman	1 Nov 2001	Other	2460880
Philip John Iudice	Treasurer	1 Nov 2001	Other	2036589
Roger A Sayler	Executive vice president	1 Dec 2001	Other	1920994
Thomas Francis Biesiadecki	Compliance officer	1 Jun 2002	Other	2210719

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Limited Liberty Newport Holdings	Direct parent of newport pacific management, inc.	1 Dec 1993	75% - 100%	04-3335568
Inc. Liberty Financial Companies	Direct parent of liberty newport holdings, limited	1 Apr 1995	75% - 100%	04-3260640
Liberty Mutual Equity Corporation	Direct parent of lfc holdings, inc.	1 Apr 1995	75% - 100%	04-3119508
Liberty Mutual Insurance Company	Direct parent of liberty mutual equity corporation	1 Apr 1995	75% - 100%	04-1543470
Inc. Liberty Corporate Holdings	Direct parent of lfc management corporation	1 Sep 1998	75% - 100%	04-3401639
Inc. Lfc Holdings	Direct parent of liberty corporate holdings, inc.	1 Sep 1998	75% - 100%	04-3119501
Lfc Management Corporation	Majority shareholder of liberty financial companies, inc.	1 Dec 1998	50% - 75%	04-3441689
Fleet National Bank	Sole shareholder of fleet/liberty holdings, inc.	1 Nov 2001	75% - 100%	04-2472499
Fleetboston Financial Corporation	Sole shareholder of fleet national bank	1 Nov 2001	75% - 100%	05-0341324

Based in San Francisco

The principal office where Newport Fund Management Inc performs its advisory services is located at 580 California St, San Francisco, CA 94104, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 415-591-5300 or by fax 415-781-3995. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.