# Newport Private Wealth

> Newport Private Wealth is a Toronto-founded, fee-based wealth manager for affluent Canadian families. It combines investment management with tax, estate, succession, philanthropy and family-office planning, while using an open-architecture portfolio that reaches beyond stocks and bonds into private real estate, infrastructure, mortgages, private debt and private equity. Newport says it manages $6 billion in entrusted capital, serves flagship clients with at least $1 million to invest, and offers its Lonsdale division from $300,000.

- **Founded:** 2001
- **Headquarters:** Toronto, Canada
- **Founders:** Douglas C. Brown (Co-Founder and Chairman), Mark A. Kinney (Co-Founder and Chief Investment Officer), David T. Lloyd (Co-Founder and Chief Wealth Management Officer)
- **Team size:** Approximately 99 employees in the supplied dataset; Newport is part of Wealthspire, which reported more than 1,200 employees across 40+ offices in November 2025.
- **Products:** Investment Management, Wealth Planning, Family Office Support, Lonsdale Portfolios, Private-Market Access
- **Notable:** Grew from a Toronto startup founded in 2001 to a national firm with offices in Toronto, Kelowna, Calgary, Waterloo and Kingston., Reported $6 billion in entrusted capital and a 13-person investment committee averaging 29 years of experience., Built access to public and private asset classes through an open-architecture manager network.

## Products & services

- **Investment Management** — Dynamic, multi-asset portfolios spanning public markets and alternatives, using an open-architecture network of specialist managers.
- **Wealth Planning** — Financial, retirement, tax, estate, insurance and succession planning across accumulation, retirement and wealth transition.
- **Family Office Support** — Coordination for families with complex balance sheets, advisers, governance, philanthropy and multi-generational decisions.
- **Lonsdale Portfolios** — A streamlined investment-management division available from $300,000, directly or through partner independent advisers.
- **Private-Market Access** — Access to specialist-managed private real estate, infrastructure, mortgages, private debt and private equity opportunities.

## Achievements

- Grew from a Toronto startup founded in 2001 to a national firm with offices in Toronto, Kelowna, Calgary, Waterloo and Kingston.
- Reported $6 billion in entrusted capital and a 13-person investment committee averaging 29 years of experience.
- Built access to public and private asset classes through an open-architecture manager network.
- Joined the Wealthspire platform, whose combined businesses reported more than $580 billion in assets under management or advisement as of June 30, 2025.
- Acquired Algar Virtue & Associates in 2026, adding a Calgary planning team with more than 30 years of experience.

## Latest updates

- **2026-08** — Published a video explaining its alternative-investment manager selection and monitoring process.
- **2026-05** — Completed the acquisition of Calgary boutique Algar Virtue & Associates, adding Kevin Algar, Rob Koski and their team.
- **2025-11** — Became part of the newly launched Wealthspire platform following Madison Dearborn Partners' acquisition of five wealth businesses from NFP/Aon.
- **2025-10** — Madison Dearborn Partners completed the broader wealth-platform transaction for approximately US$2.7 billion in total consideration.

## Links

- Website: https://www.newportprivatewealth.ca/
- LinkedIn: https://www.linkedin.com/company/newport-private-wealth
- Twitter/X: https://twitter.com/newportwealth
- Instagram: https://www.instagram.com/newportprivatewealth/
- Facebook: https://www.facebook.com/newportprivatewealthinc

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Profile page: https://yespress.io/newport-private-wealth
Published by YesPress — https://yespress.io
Last updated: 2026-08-24