Newport Securities Corporation (NSC) offers investment management services to individuals and institutions. NSC's Privately Managed Investment Portfolio (PMI PORTFOLIO) service provides clients with portfolio management. NSC tailors each portfolio to the client's needs, concerns, and goals. Clients can choose from three basic strategies: income and asset conservation, balanced equity, and aggressive equity growth. NSC's sole source of revenue is from investment advisory fees.
Fee Structure
Newport Securities Corporation (NSC) offers investment management services where clients pay a percentage of their portfolio's assets. The percentage ranges from 1% to 2.5% annually, depending on the account size and investment strategy. Fees are negotiable and may vary from client to client. A minimum management fee of $500 is charged in any 12-month period. The fee covers monitoring, design, reporting, position selection, and strategy of the portfolio.