Broker-dealer firm · Newport Beach, CA
Newport Wealth Advisors, Inc.
SEC-registered investment adviser · CRD 137159 · SEC 801-130464
At a glance
Newport Wealth Advisors, Inc. is an SEC-registered investment adviser based in Newport Beach, California, with $263 million in regulatory assets under management as of its Form ADV filed April 6, 2026. Its largest client group by assets is individuals, and it reports 1,193 individual clients. By Form ADV it is a broker-dealer firm, ranked 267th of 391 broker-dealer firms and 10,822nd of 17,210 SEC-registered advisers by assets.
Main office 877-692-7227newportwealthadvisors.comAs filed on Form ADV
- Regulatory AUM
- $263M
- Rank among broker-dealer firms
- #267 of 391
- Rank among all SEC RIAs
- #10,822 of 17,210
- Rank in California
- #1,241 of 1,873
- Individual clients
- 1,193
- High-net-worth clients
- 60
- Accounts
- 1,193
- Discretionary
- 100% of AUM
- Employees
- 8
- Advisory staff
- 6
- Offices
- 3
Owners and executives on its Form ADV
- Lawrence M. DepaulCCO / CEO
- Surya J. MetzlerCFO
Custody and brokerage
Broker-dealer
Hybrid RIA
Newport Wealth Advisors, Inc. is a hybrid RIA: 5 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed April 2026) names Centaurus Financial, an unaffiliated broker-dealer, as the broker-dealer its advisers are registered with.
Brokerage Affiliations Separate and distinct from Newport Wealth Advisors, investment adviser representatives of Newport Wealth Advisors are Registered Representatives of Centaurus Financial, Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 1,133 | $190M | 72% |
| High-net-worth individuals | 60 | $72M | 28% |
Disciplinary disclosures
Newport Wealth Advisors, Inc. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗newportwealthadvisors.com ↗
AtlasMembers
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 2 years of filings
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- Growth over one, three and five years
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- Rank against 160 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Newport Wealth Advisors, Inc. manage?
Newport Wealth Advisors, Inc. reports $263 million in regulatory assets under management across 1,193 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 6, 2026.
What kind of firm is Newport Wealth Advisors, Inc.?
Newport Wealth Advisors, Inc. is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser.
Who are Newport Wealth Advisors, Inc.’s clients?
By assets, its largest client types are individuals ($190 million, 1,133 clients); high-net-worth individuals ($72 million, 60 clients).
Does Newport Wealth Advisors, Inc. have any disciplinary history?
Newport Wealth Advisors, Inc. reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Newport Wealth Advisors, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-04-06), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →