Newport Coast Securities, Inc. (New York)

Name: Newport Coast Securities, Inc.
Address: 180 Maiden Lane, New York, NY, 10038
Telephone: 646-259-4700

Newport Coast Securities, Inc. is a multi-state adviser based in New York. It manages $78.97 million of regulatory assets for 557 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Arizona, California, and 36 other states.

Newport Coast Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Newport Coast Securities: assets under management

The assets under management (AUM) of Newport Coast Securities, Inc. is $78.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 558% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $78.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $141.78 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Newport Coast Securities, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Newport Coast Securities, Inc.

Derek Lopez has been acting as President since 1 Nov 2009. Richard Ernest Onesto joined the executive team most recently as the Ceo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rubicon Financial Incorporated	Owner	1 Sep 2007	75% - 100%	13-3349556
Deborah Ann Scott	Chief compliance officer	1 Dec 2007	Other	2065971
Stanley John Mroz	Finop	1 Aug 2009	Other	3192574
Kathleen Margaret Mcpherson	Ceo	1 Nov 2009	Other	1526361
Derek Lopez	President	1 Nov 2009	Other	2320151
Kristopher Charles Kessler	Coo	1 Sep 2010	Other	4543640
Stephen Paul Washburn	Chief compliance officer	1 Jan 2011	Other	1137061
Richard Ernest Onesto	Finop/cfo	1 Mar 2013	Other	2453096
Donald Anthony Jr Wojnowski	Ceo	1 Mar 2013	Other	1037990
Kevin Chong Lee	Chief compliance officer	1 Aug 2013	Other	3143283
Richard Ernest Onesto	Ceo	1 Jan 2015	Other	2453096

Based in New York

The principal office where Newport Coast Securities, Inc. performs its advisory services is located at 180 Maiden Lane, New York, NY 10038, which is also the mailing address of the firm. An additional office of the firm is in Long Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-259-4700 or by fax 212-208-4477. The normal business hours are 6:30 am to 3:30 pm on Monday - Friday. You can find more information about the New York firm at newportcoastsecurities.com.