Newport Investment Management, LLC
Newport Investment Management, LLC (CRD# 153918) is a financial advisory firm headquartered in Chicago, IL. They manage $313,204,931 in 6 accounts and serve the financial needs of clients across 15 states (or territories).
Current Firm Details
Newport Investment Management, LLC
By the Numbers
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Total Assets Under Management313MILLION
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Total Number of Accounts6ACCOUNTS
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Average Account Value$52,200,822
Compensation Options
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
Advisory Services Offered
- Portfolio management for pooled investment vehicles (other than investment companies)
Types of Clients
Registered States

Registered Investment Advisor
Advisors affiliated with a RIA are permitted to work with up to five clients in nearly-all states* without explicit registration. The map below shows states where this firm has explicit registration only.
CA, FL, IL, IN, MA, MI, MN, MO, MT, NY, OH, OR, PA, TX, WI
Financial Advisors at Newport Investment Management, LLC
1
Derrick McGavic (CRD# 5390441) is an Investment Advisor Representative working at Newport Investment Management, LLC in Chicago, IL and has over 10 years of experience in the finance industry.
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