Participant Login FAQ January 9, 2019 Uncategorized. Ascensus and Newport are both respected leaders in the marketplaceand well-known for service excellence, deep expertise, investment independence, and purpose-built technology, said Musto. Ramanis and Laning will join the Ascensus executive leadership team and remain with the unified company post-closing. You may also contact your home states 529 plan(s), or any other 529 plan, to learn more about those plans features, benefits and limitations. / Newport Group, Inc. Newport Group, Inc. Website. Greg Tschider has stepped down as CEO of Newport. For more information about Newport Group Consulting and its services, Newport Group Securities, Inc. or Newport Securities Insurance Services and services offered, please refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905, visit our website at www.newportgroup.com, or advisorinfo.sec.gov. Privacy PolicyTerms of UseCopyright. This on-demand webinar is focused on key levers for retaining talent in todays complex environment. Industry. Company - Private. Edit Contacts Section. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. Specifically that with their qualified and non-qualified retirement plan services, fiduciary consulting services, and corporate and bank-owned life insurance practices, Newport will expand the solutions and expertise Ascensus provides to its clients and advisor partners, while Newports clients will gain greater access to unique tax-advantaged savings solutions across retirement, education and health. The newly combined organization will offer a broader set of capabilities and products to benefit institutional partners, clients, advisors, and savers. Greg Tschider is Chief Executive Officer of Newport, a leading independent provider of retirement plans, insurance and consulting services. Were redirecting you to the most relevant section of NewportGroup.com. Alexa Gellinger. This includes 529 plans, ABLE [Achieving a Better Life Experience] savings accounts and state-facilitated retirement programs. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. web design and development by new target, inc. Committed financing for the transaction has been provided by Goldman Sachs Bank USA, SPC Financing Company LLC, and KKR Capital Markets LLC. General FAQ Retirement plan participants can call Newports Participant Service Center at 844-749-9981, Monday through Friday, 8 a.m. to 8 p.m. Greg Tschider, Verisight Inc: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Francine. In todays highly competitive labor market coupled with high inflation and global issues, employers continue to find it more challenging to compete for talent. Privacy PolicyTerms of UseCopyright. CEO of Newport Group San Francisco Bay Area. Get a D&B Hoovers Free Trial. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. 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. Multiple locations. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. Investment returns are not guaranteed, and you could lose money by investing in a 529 plan. 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. Chief Compliance Officer. Contacts. 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. 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. Greg has extensive experience in the retirement services industry. In another consolidation for the retirement plan business, Ascensus, a recordkeeping services provider and third-party administrator announced it has reached an . General FAQ In that time, employees at the company's offices nationwide have helped more than 3,600 children get new shoes, jackets and socks! Scott Pollack is Executive Vice President at Newport. Newport Group has entered into a definitive agreement with PNC Bank to acquire its Vested Interest recordkeeping business. We answer some of the most common questions non-qualified plan sponsors may be receiving in light of the novel coronavirus. You can read Newports comprehensive analysis of this important legislation here. This site is designed for U.S. residents only. Advisors and plan sponsor clients who have specific questions related to The CARES Act or how coronavirus is impacting benefit plans can contact us at coronavirusquestions@newportgroup.com. To ensure continuity of leadership, operations, and client service through closing, Laura Ramanis who has served as Newport's chief operating officer since 2014has been named interim CEO. Securities in California are offered through Newport Securities Insurance Services. How the CARES Act Impacts Retirement Plans 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 . Greg Tschider is the Chief Executive Officer at Newport Group. https . No Reproduction Without Prior Authorizations. Knowledge Center Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. " 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 Newport's chief operating officer since 2014has been named interim CEO. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. "This transaction is a strategic fit for our company . This webinar provided insight onthe unique economic impact that the coronavirus pandemic has had on non-qualified executive benefit plans. . Participant Login FAQ Depending on your interaction with Ascensus, other privacy policies may apply in addition to this Policy. Est. Website. Rebranded as Verisight, a unified, fully integrated company offering a wide array of retirement services. Enroll in Your Plan, For account questions or help logging in, General FAQ 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? The American Society of Pension Professionals & Actuaries is a non-profit professional society. Revenue. Most providers of our size are attached to a larger financial institution. We may amend this policy from time to time; if we do, we will post those changes on this page within a reasonable time after the change so that you are aware of what information we collect and how we intend to use it. "This transaction is a strategic fit for our company. Please update your bookmarks accordingly. View Greg Tschider's profile on LinkedIn, the world's largest professional community. We expect the service platform investment, product expansion, and enhanced capabilities our union will deliver to be well-received by our collective clients. Greg Tschider CEO Approval Rating 83/100 Weigh In 1985 Walnut Creek California San Francisco Bay Area Private Merged with Ascensus, LLC Professional Services Payroll & Benefit Support Services 8744 NAICS listing http://www.newportgroup.com Est. "PNC Bank is one of the largest and most-respected brands in the banking industry," says Greg Tschider, CEO of Newport Group. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. Greg Tschider 98 Ratings 5.0 Current Employee, more than 8 years "Great place to grow your career" Dec 6, 2022 - Vice President Recommends Positive Outlook Approves of CEO Pros Career growth is encouraged and supported Cons None that I am aware of. 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. Quality First. Employees 1.0-5.0K Agree? Specifically that with their qualified and non-qualified retirement plan services, fiduciary consulting services, and corporate and bank-owned life insurance practices, Newport will expand the solutions and expertise Ascensus provides to its clients and advisor partners, while Newports clients will gain greater access to unique tax-advantaged savings solutions across retirement, education and health. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. Acquisition of Evercore Trust Companys institutional trust and independent fiduciary business, now part of Newport Trust Company. Key Principal: Greg W Tschider See more contacts Industry: Pension and retirement plan consultants. call the Participant Service Center at844-749-9981. Funding $0 Acquisitions 2 News Latest News Youll learn how you can enhance your hiring and retention strategies. 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. About. Newport Group CEO Greg Tschider said in a statement, "Our independence, coupled with our experience and responsiveness, is what our brand stands for. Terms of the deal were not disclosed. We expect the service platform investment, product expansion, and enhanced capabilities our union will deliver to be well-received by our collective clients. Deferred Compensation and Executive Benefit Plans, Insurance Company-Owned Life Insurance (iCOLI), Managing Challenges for Non-Qualified Plans Related to Coronavirus, Plan Sponsor Liability and Fiduciary Responsibilities in Light of COVID-19, Navigating the New Normal: Anticipating Plan Compliance Challenges in the Age of Coronavirus, Helping Plan Participants in the New Normal, How the CARES Act Impacts Retirement Plans, Newports Perspective on Market Volatility, Newports vital 3(16) administrative fiduciary services, 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). All Rights Reserved 2023 Ascensus, LLC. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Alerus adds senior retirement specialist; HSA Bank acquires HSA solutions provider; Innocap to acquire BNY Mellons HedgeMark business; and more. According to ZoomInfo records, Greg Tschider's professional experience began in 2003. Scott Pollack. . Because we remain independent, Newport Group has no incentive to market specific investment products to a client, and . Integrity Always." is a registered trademark used under license by Ascensus, LLC. Greg Tschider, who led Newports successful growth strategy, has stepped down as CEO of Newport. 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 Tschider serves as the CEO / President of Newport Group. Learn how to leverage transparent company data at scale. Our union confirms the hard work of our dedicated employees and partners. Newport's experts provideda comprehensive review of this unprecedented legislation and how it impacts the day-to-day operations of retirement plans. According to the announcement, the combination will: Evercore acted as exclusive financial advisor to Newport in connection with the transaction. 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. Chief Financial Officer. Musk Made a Mess at Twitter. Job Department. 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. Laura Ramanis Chief Operating Officer Laura Ramanis serves as the Chief Operating Officer of Newport Group. Youll learn how you can enhance your hiring and retention strategies. After the acquisition, Greg Tschider, CEO of Verisight, will be chief executive of the qualified retirement plan services business, and Newport CEO Peter Cahall, will be chief executive of the . 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. The company has more than $150 billion in retirement assets under administration and more than $300 billion in corporate retirement and insurance assets. Upromise is a registered service mark. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. Newport Group was founded in 1985 and its current CEO is Greg Tschider. Newport Group acquires the retirement recordkeeping, administrative, and actuarial services business of People's United Bank. Ugift is a registered service mark. The Registered Agent on file for this company is CT Corporation and is located at 124 W Capitol Ave Ste 1400 124 W Capitol Ave Ste 1400, Little Rock, AR 72201. 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). 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. To ensure continuity of leadership, operations, and client service through closing, Laura. Newport Group Chief Executive Officer Education Greg Tschider studied at University of Wisconsin-Madison.