Greg Tschider, Verisight Inc: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Francine. Contacts. Enroll in Your Plan, For account questions or help logging in, Were redirecting you to the most relevant section of NewportGroup.com. Most people dont plan to stay in touch with their former employer after they change jobs or retire. Size. 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. Working at Newport | Glassdoor Greg Tschider. Youll learn how you can enhance your hiring and retention strategies. Newport Group - Contacts, Employees, Board Members, Advisors & Alumni Chief Compliance Officer. Company Description We are a leading provider of retirement plans, insurance, and consulting services. The company's filing status is listed as In Existence and its File Number is 0802356195. Quality First. Ascensus and Newport Group to Merge | PLANSPONSOR Newport Group, Inc. Company Profile | Folsom, CA | Competitors Ramanis and Laning will join the Ascensus executive leadership team and remain with the unified company post-closing. How the CARES Act Impacts Retirement Plans According to the announcement, the combination will: Evercore acted as exclusive financial advisor to Newport in connection with the transaction. Greg Tschider has stepped down as CEO of Newport. Similarly, Newports clients will benefit from greater access to unique tax-advantaged savings solutions across retirement, education and health provided by Ascensus. Get a D&B Hoovers Free Trial. This site is designed for U.S. residents only. General FAQ Youll learn how you can enhance your hiring and retention strategies. Please update your bookmarks accordingly. The Newport Group, DailyAccess, and Verisight rebrand as one retirement, insurance and consulting services provider: Newport. " PNC Bank is one of the largest and most-respected brands in the banking industry," said Newport Group Chief Executive Officer Greg Tschider. 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? Most people dont plan to stay in touch with their former employer after they change jobs or retire. Eric . . Greg has extensive experience in the retirement services industry. Greg Tschider has stepped down as CEO of Newport. Ascensus gobbles up Newport | Ary Rosenbaum - The Rosenbaum Law Firm P Newport Group Enters into Definitive Agreement to Purchase PNC Bank's Newport Group Launches as a Unified Brand | PLANSPONSOR The CARES Act Effect on Retirement Plans: 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. The transaction is expected to close in the first quarter of 2022, subject to receipt of regulatory approvals, including review and non-objection by the South Dakota Division of Banking and review and approval by the New Hampshire Banking Department, and satisfaction of other customary closing conditions. " This transaction is a strategic fit for our. In this role, he leads the company's qualified retirement client service teams. As a combined company, well be able to even further advance our mission of helping individuals save for what matters., SPONSORED MESSAGE SCROLL FOR MORE CONTENT. Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans. ET. Chief Human Resources Officer. Expanded tax-advantaged savings participant base of more than 15 million people across the U.S. Increase of Ascensus-administered assets under administration to more than $700 billion when combined with Newports business, Diversified client base, including more than 150,000 retirement plans, Management of an industry-leading $184 billion in government savings accounts (including 529 plans, ABLE savings accounts, and state-facilitated retirement programs), more than 700,000 health and flexible savings and COBRA accounts, nearly 300,000 COLI/BOLI policies, and more than 140,000 non-qualified retirement plan participant accounts, Broader set of products and solutions delivering enhanced value to new and existing clients, Increased investment in technology and digital solutions designed to enhance partner efficiency and drive saver outcomes, Experienced leadership teams with outstanding track records across both organizations, Continued commitment to service excellence andclient satisfaction offers opportunity to build on world-class NPS scores toset a new performance standard in markets served, Increased size and reach of sales and distribution channel relationships supporting partner growth, Depth and breadth of our combined expertise, including retirement, compliance, actuarial, non-qualified, insurance, and fiduciary services, represents a significant value-add for our clients, Newand expanded career pathopportunities for Ascensus and Newport associates resulting from the combination of two great companies focused on long-term growth, Increased ability to attract, retain, and develop top talent, Continued commitment to a diverse and inclusive work environment where every associate feels welcome, valued, and safe, and enjoys a sense of belonging, A common heritage of integrity and independence, coupled with the resourcefulness and speed of a market innovator. NEWPORT GROUP, INC. is a Texas Foreign For-Profit Corporation filed on December 14, 2015. Retirement plan participants can call Newports Participant Service Center at 844-749-9981, Monday through Friday, 8 a.m. to 8 p.m. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. Most providers of our size are attached to a larger financial institution. Newport Moline, IL Office | Glassdoor In todays highly competitive labor market coupled with high inflation and global issues, employers continue to find it more challenging to compete for talent. 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. 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. THE NEWPORT GROUP, INC. is an Arkansas Foreign For-Profit Corporation filed on June 3, 2008. She will be supported by Kurt Laning, executive vice president, Non-Qualified and Insurance Solutions, along with Newports senior management team. 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. Were here to provide trusted guidance during this period of uncertainty. You can read Newports comprehensive analysis of this important legislation here. Ratings from the Employees at Newport Group's Headquarters Privacy PolicyTerms of UseCopyright. DailyAccess expands service offerings to health and welfare and investment advisory services. How Newport is Responding to COVID-19 | Newport 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. Terms of the deal were not disclosed. Laura Ramanis Chief Operating Officer Laura Ramanis serves as the Chief Operating Officer of Newport Group. "This transaction is a strategic fit for our company. Expand thetax-advantaged savings participant base of more than 15 million people across the country, Increase Ascensus-administered assets under administration to more than $700 billion when combined with Newports business, Provide management to $184 billion in government savings accounts (including 529 plans, ABLE savings accounts, and state-facilitated retirement programs), more than 700,000 health and flexible savings and COBRA accounts, nearly 300,000 COLI/BOLI policies, and more than 140,000 non-qualified retirement plan participant accounts, Why the New ESG Rule And Why Now? 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. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. Newport Group Chief Executive Officer Education Greg Tschider studied at University of Wisconsin-Madison. Check out all Newport jobs Newport Moline, IL office. 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. (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. Evercore Agrees to Sell Its Institutional Trust and Independent Ascensus Scoops Up Newport Group - National Association of Plan Advisors 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. Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. 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. web design and development by new target, inc. When you invest in a 529 plan, you are purchasing municipal securities whose value may vary based on market conditions. Copyright 2023 Asset International, Inc. All Rights Reserved. She will be supported by Kurt Laning, executive vice president, Non-Qualified and Insurance Solutions, along with Newports senior management team. Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. Greg Tschider - Crunchbase Person Profile Because we remain independent, Newport Group has no incentive to market specific investment products to a client, and . The company has more than $150 billion in retirement assets under administration and more than $300 billion in corporate retirement and insurance assets. The recent ruling by the circuit judge on the burden of proof is deeply concerning and highlights Subject, of course, to the preservation of capital rule. This includes 529 plans, ABLE [Achieving a Better Life Experience] savings accounts and state-facilitated retirement programs. Greg Tschider is based out of San Francisco Bay Area and works at Newport Group as CEO. Newport Trust Company formed, offering our clients non-discretionary, directed trustee and custodial services. Greg Tschider, who led Newport's successful growth strategy, has stepped down as CEO of Newport. Please update your bookmarks accordingly. The Newport Group to Acquire Greensboro Operations of Clark Consulting Greg Tschider - University of Wisconsin Law School - LinkedIn 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. Industry. Greg Tschider 70% approve of Greg Tschider 's performance Founded 1985 Company size 1001 to 5,000 Revenue $25M to $100M (USD) Industry Financial Transaction Processing Headquarters Walnut Creek, CA Link Newport Retirement Services website Opens in a new window Learn more Salaries In todays highly competitive labor market coupled with high inflation and global issues, employers continue to find it more challenging to compete for talent. BILLION IN RETIREMENT ASSETS UNDER ADMINISTRATION, BILLION IN CORPORATE RETIREMENT + INSURANCE ASSETS. WALNUT CREEK, CA, June 8, 2018 -- Newport Group, a leading provider of retirement plans, insurance, and consulting services, announced today that the company has reached an agreement with the private equity firm Kelso & Company (Kelso). Multiple locations. Integrity Always." is a registered trademark used under license by Ascensus, LLC. Enroll in Your Plan, For account questions or help logging in, On average, Martha works for one company for 9 years 9 months. 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 Acquires and Welcomes Plan Administrators, Inc. (PAi) If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. "PNC Bank is one of the largest and most-respected brands in the banking industry," says Greg Tschider, CEO of Newport Group. Participant Login FAQ With qualified and nonqualified retirement plan services, fiduciary consulting services and corporate- and bank-owned life insurance (COLI and BOLI) practices, Newport will expand the solutions and expertise Ascensus provides to its clients and adviser partners. 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. Newport Group, Inc. :: Texas (US) :: OpenCorporates David Musto, president and chief executive officer (CEO) of Ascensus, will serve as CEO of the combined company. Deferred Compensation and Executive Benefit Plans, Insurance Company-Owned Life Insurance (iCOLI), Insurance Company-Owned Life Insurance (ICOLI). Greg Tschider is the Chief Executive Officer at Newport Group. The Newport Group expands service offerings to non-qualified plans, BOLI/ COLI, and fiduciary consulting. Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company. Kieran Brady. Wendy Cantey's email & phone number - Senior Vice President of Free and open company data on Texas (US) company Newport Group, Inc. (company number 0802356195), 1350 TREAT BLVD, STE 300, Walnut Creek, CA, 94597. Greg Tschider. General FAQ 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. 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. Participant Login FAQ Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. Greg Tschider - Ceo - Newport Group - email id & phone of top management contacts like Founder, CEO, CFO, CMO, CTO, Marketing or HR or Finance head. "PNC Bank is one of the largest and most-respected brands in the banking industry," said Newport Group Chief Executive Officer Greg Tschider. Securities in California are offered through Newport Securities Insurance Services. Newport Group has entered into a definitive agreement with PNC Bank to acquire its Vested Interest recordkeeping business. With . Newport Group Will Merge With Ascensus | PLANADVISER This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, China Gives New Backing to Coal Even as Clean Energy Accelerates, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? COPYRIGHT 2023BY ASPPA. To ensure continuity of leadership, operations and client service through closing, Laura Ramaniswho has served as Newports chief operating officer (COO) since 2014has been named interim CEO. Newport Group Purchases PNC Bank's Recordkeeping Business Greg Tschider | ZoomInfo Ascensus and Newport Group to Combine and Create a Leading Provider in Ascensus gobbles up Newport. Musk Made a Mess at Twitter. Newport welcomed several expert panelists, who provided insight on retirement plan liability and fiduciary issues associated with actions taken during this current environment. About. This transaction is a strategic fit for our company. Participant Login FAQ Navigating the New Normal: Anticipating Plan Compliance Challenges in the Age of Coronavirus. NEWPORT GROUP, INC. in Walnut Creek, CA | Company Info & Reviews Greg Tschider - CEO at Newport Group - Wiza Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company. Were redirecting you to the most relevant section of NewportGroup.com. 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. For more information, visitascensus.com. 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. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Newport Group Executive Team | Comparably In that time, employees at the company's offices nationwide have helped more than 3,600 children get new shoes, jackets and socks! The materials contained herein are intended for instruction only and are not a substitute for professional advice. Search Contacts. The transaction is expected to close in the first quarter of 2022, subject to receipt of regulatory approvals, including review and non-objection by the South Dakota Division of Banking and review and approval by the New Hampshire Banking Department, and satisfaction of other customary closing conditions. All Rights Reserved 2023 Ascensus, LLC. Similarly, the firms say Newports clients will benefit from greater access to tax-advantaged savings solutions across retirement, education and health provided by Ascensus. 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. Our union confirms the hard work of our dedicated employees and partners. https . 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. 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. Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company. Newport Group's CEO, Greg Tschider, has a CEO approval rating of 80/100, as scored by 8 Newport Group employees, placing Greg Tschider in the Top 10% of similarly-sized companies for CEO score. We expect the service platform investment, product expansion, and enhanced capabilities our union will deliver to be well-received by our collective clients. The company's filing status is listed as Withdrawn and its File Number is 800135460. 1985. "This transaction is a strategic fit for our company. Newport by the numbers Over 45% OF THE FORTUNE 500 AS CLIENTS $169+ BILLION IN RETIREMENT ASSETS UNDER ADMINISTRATION 39,000+ PLANS $330+ Greg Tschider 98 Ratings Your trust is our top concern, so companies can't alter or remove reviews. 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. Pension Specialists acquires HCS division of RSM McGladrey, expanding service offerings to actuarial, compensation and benefits consulting, and ESOP services. Greg Tschider has stepped down as CEO of Newport. Copyright 2015-2023 Newport Group, Inc. All rights reserved.Unauthorized access is prohibited. The firms hope to be operating as one team by next spring.. . Founded. 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. Before investing in any 529 plan, please consider whether your or the beneficiarys home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that states 529 plan. 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. 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 call the Participant Service Center at844-749-9981, This on-demand webinar is focused on key levers for retaining talent in todays complex environment. Newport Group's Competitors, Revenue, Number of Employees - Owler Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. 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. 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. Pnc Retirement Directions Newport Group - RetirementTalk.net Securities in California are offered through Newport Securities Insurance Services. On average, Wendy Cantey works for one company for 2 years 5 months. This webinar provided insight onthe unique economic impact that the coronavirus pandemic has had on non-qualified executive benefit plans. 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. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. Learn more about Newports vital 3(16) administrative fiduciary services, which are provided at no cost to clients. Greg Tschider has stepped down as CEO of Walnut Creek, California-based Newport, and Laura Ramanis, its chief operating officer, will serve as interim CEO until the close of the transaction, the . This site is designed for U.S. residents only. and the Ascensus logo are trademarks of Ascensus, LLC. Please consult your financial, tax, or other advisors to learn more about how state-based benefits and limitations would apply to your specific circumstance. As a provider and partner, Newport is independent, experienced and responsive. The CARES Act Effect on Retirement Plans: Work Experience Chief Executive Officer Newport 2009-2021 President Wilmington Trust 2008-2008 President Institutional Services 2008-2008 President AST Trust 2003-2008 Education Doctor of Law View Andre Mintz. Est. Ken Weida Senior Vice President Sales Ken Weida serves as the Senior Vice President Sales of Newport Group. 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).