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Find a Location

Newport has 20 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.

    Business ProfileforNewport

    Retirement Planning Services
    HeadquartersMulti Location Business
    The Complaints and Reviews shown on this HQ profile may have been submitted against either the HQ itself or one of the corporate-owned locations found under "Find Locations".

    At-a-glance

    Customer Reviews

    1.17/5stars

    Average of 29 Customer Reviews

    Customer Complaints

    99 complaints closed in last 3 years

    18 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Overview

    Newport is a national retirement services provider that helps employers prepare employees for a more financially secure retirement. The company has more than $150 billion in retirement assets and supports more than 1.5 million participants.

    Products & Services

    Staffed nationally by a team of nearly 1,500 retirement, insurance, and consulting professionals, Newport provides retirement solutions tailored to the needs of employers of every size from small businesses to the Fortune 1000.

    Business Details

    This is a multi-location business.

    Find a Location

    Newport has 20 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      Headquarters
      300 Primera Blvd STE 200, Lake Mary, FL 32746-2144
      BBB File Opened:
      11/21/2007
      Years in Business:
      40
      Business Started:
      4/3/1984
      Business Incorporated:
      4/3/1984
      Type of Entity:
      Corporation
      Alternate Business Name
      • Newport Group
      • Newport Retirement Services
      Contact Information

      Principal

      • Paul Lorray, Manager of Client Services

      Customer Contact

      • Paul Lorray, Manager of Client Services
      Additional Contact Information

      Fax Numbers

      • (407) 333-2815
        Other Fax

      Email Addresses

      Customer Complaints

      99 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      05/22/2024

      Complaint Type:
      Product Issues
      Status:
      Resolved
      I left my previous employer and requested a refund on April 15th 2024 on April 17th 2024 I was told the check was mailed it is now May 22nd and I have not received it I did call the office because they're charging a $30 stop payment fee on a check I did not receive I advised that that was unfair I asked for the number to headquarters they said they don't have one and tried to give me an email address I did not take it because I'm sure it was something that was bogus for instance the email to that same supervisor I spoke to spoke to the supervisor and I asked her I said if this happens again will it be another fee charged and will you charge fees until the check is all gone she said that's possible so this is just a scam and they will take your money I actually made a phone call to headquarters actually it is the it's matrix and matrix is the company that Mails out the On April 15th 2024 I requested I withdrawal from my 401k since I left my previous job it is now May 22nd and I still have not received it I contacted the office and was advised they will charge a $30 stop payment fee I advise the fee is not fair because I've never received the check they can see it is not cashed I asked the supervisor if I don't receive the check this time if they're going to charge another fee and if it continues to happen or they will continue to charge fees until the check is gone and she said that could happen **** gave me the number to a relationship manager ager named *****************.I have not heard from him yet I actually had just left a voicemail today. I also spoke with a representative named **** from matrix who gave me the phone number and he let me know that the check has not been reissued yet or he has not received that request I would just like my refund and I would like for them to waive the $30 fee the check has not been cashed because I have not received it and I do believe that they are going to continue to charge $30 fees until the whole check is gone

      Customer Reviews

      29 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Henryk M

      1 star

      04/18/2024

      Today is April 18 2024. I have been trying to get Newport ************* to disbourse my *** since approximately January 15 of this year. So far I have not had any success. Every time I call **************** I speak to a different individual and invariably each of these individuals tell me of a differrent process for me to see my money. At some point the forms I was asked to fill out and send in two different forms. I sent them to Newport as Priority mail with tracking. Several weeks later when called, **************** told me that they never received the forms. When I escalated the matter, a couple of weeks later, the forms were found and they were working on the disboursement. During today's call I was told that I have not received the check because I have been doing it the wrong way all along. Apparently I cannot see my money unless I make the request through the Newport Trust portal. It looks that on my part strong action will be required to see one day once red cent of my money. I will oblige.

      Local BBB

      BBB Serving Central Florida

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