We originally started Newport Private Wealth because we saw both a need and an opportunity for a better private wealth management experience for Canadians.
As senior wealth and investment management professionals serving clients at various large financial institutions – and managing our own families’ investments – we grew frustrated with what we saw as inherent flaws in the traditional industry models. Institutions that put shareholders’ interests ahead of clients’. An emphasis on selling over servicing. Volatile investment returns and a heavy dependence on stocks and bonds.
In our view, no provider was optimally meeting the needs of clients with over $1 million of investable assets for independent, unbiased advice; access to top investment managers; true diversification; access to quality private investments; and holistic planning services.
We knew what was missing was the client’s perspective.
A Different Kind of Firm
So in 2001 we began building a different kind of firm – from the ground up. We invested our own money as Newport’s first clients, and soon attracted like-minded clients.
Today, we are one of Canada’s largest independent private wealth management firms for individuals and families across the country. We provide a stable, confidential home for people who want greater control of their wealth and customized solutions to its challenges and opportunities. From our offices in Toronto, Ontario and Kelowna, British Columbia, we provide wealth management for clients coast to coast.
Newport clients feel part of something special, and they are – a firm that was built for them.
That’s our story. What’s yours?