A) Firm Description Newport Wealth Advisors, Inc., hereinafter (“Newport Wealth Advisors”) is a corporation formed under the laws of California and was founded in 2005 and is a Securities and Exchange Commission (“SEC”) registered investment adviser There are two owners each owning an equal share of 50%: L. Michael Depaul and Surya J. Metzler B) Services Offered Newport Wealth Advisors, Inc. offers personalized investment advisory services to individuals, pension and profit sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. This narrative provides clients with information regarding Newport Wealth Advisors and the qualifications, business practices, and nature of advisory services that should be considered before becoming an advisory client of Newport Wealth Advisors. Individuals associated with Newport Wealth Advisors will provide its investment advisory services. These individuals are appropriately licensed, qualified, or authorized to provide advisory services on behalf of Newport Wealth Advisors. Such individuals are known as Investment Adviser Representatives. Newport Wealth Advisors provides two primary financial advisory services: 1) investment management services, and 2) personal financial planning. Each of these two services may be billed separately as unique services, or, in most cases for ongoing clients, billings for both services are integrated, as described below. Some clients may use the Adviser only for the financial planning; others may choose to use the Adviser only for investment management services. Most clients use both of these options. The Adviser is a fee-only investment management and financial planning firm. The firm does not sell securities on a commission basis. However, there may be investment advisors who are registered representatives of a Broker Dealer and receive commissions as compensation. The Advisor and said Broker Dealer are not affiliated and are completely separate entities. The investment management services are provided through separately managed accounts for each client The Adviser does not act as a custodian of client assets, and the client always maintains asset control. The Adviser has discretion of client accounts and places trades for clients under a limited power of attorney. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) are engaged directly by the client on an as-needed basis. Any conflicts of interest arising out of the Adviser’s or its associated persons are disclosed in this brochure. Newport Wealth Advisors provides investment supervisory services, also known as asset management services and furnishes investment advice through consultations. On more than an occasional basis, Newport Wealth Advisors furnishes advice to clients on matters not involving securities. Portfolio Management Services Newport Wealth Advisors offers discretionary and non-discretionary continuous portfolio management services where the investment advice provided is tailored to meet the needs and investment objectives of the client. The Firm offers an initial consultation in which pertinent information about the client’s personal and financial circumstances and objectives is collected, and the scope of the engagement is determined. Where Newport Wealth Advisors enters into discretionary arrangements with clients, Newport Wealth Advisors will be granted discretion and authority to manage the client’s account subject to any written guidelines that the client may provide. Accordingly, Newport Wealth Advisors is authorized to perform various functions, at the client’s expense, without further approval from the client. Such functions may include the determination of securities and the amount of securities to be purchased and/or sold. Once the portfolio is constructed, Newport Wealth Advisors provides ongoing supervision and rebalancing of the portfolio as changes in market conditions and client circumstances may require. For non-discretionary portfolio management services, Newport Wealth Advisors will monitor the client’s assets and will provide recommendations as to the client’s asset allocation. The client is free at all times to accept or reject any investment recommendation from Newport Wealth Advisors. For non-discretionary portfolio management, Newport Wealth Advisors will implement recommendations upon obtaining client approval. Variable Annuity Asset Allocation Newport Wealth Advisors also provides Variable Annuity Asset Allocation services for Variable Annuity contracts issued by numerous Insurance Companies. These strategies are known as “VaR Allocation Series” and “RWA Multi-Strategy Allocation”. Financial Planning Services Newport Wealth Advisors engages in financial planning services for a fee. Financial planning and consulting will typically involve providing a variety of services, principally advisory in nature, to clients regarding the management of their financial resources based upon an analysis of their individual needs. An Investment Adviser Representative of Newport Wealth Advisors will first conduct an initial consultation. After the initial consultation, if the client decides to engage Newport Wealth Advisors for financial planning services, an Investment Adviser Representative will conduct follow up meetings as necessary, during which pertinent information about the client’s financial circumstances and objectives is collected. Once such information has been reviewed and analyzed, a financial plan – designed to achieve the client’s stated financial goals and objectives – may be presented to the client. Clients may act on the Firm’s recommendations by placing securities transactions with any brokerage firm the client chooses. The client is under no obligation to act on the Firm’s financial planning recommendations. Moreover, if the client elects to act on any of the recommendations, the client is under no obligation to implement the financial plan through Newport Wealth Advisors. Financial plans are based on the client’s financial situation at the time the plan is presented and on financial information disclosed by the client to Newport Wealth Advisors. Clients are advised that certain assumptions may be made with respect to interest and inflation rates and use of past trends and performance of the market and economy. Past performance is in no way an indication of future performance. Newport Wealth Advisors cannot offer any guarantees or promises that the client’s financial goals and objectives will be met. As the client’s financial situation, goals, objectives, or needs change, the client must notify Newport Wealth Advisors promptly. IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020- 02") where applicable, we are providing the following acknowledgment to you. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule's provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts

of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest. As of March 31, 2024 Newport Wealth Advisors manages approximately $140,410,000 in assets. All such assets are managed on a discretionary basis. Assignment of Investment Management Agreements Agreements may not be assigned without client consent. Types of Agreements The following agreements define the typical client relationships. Investment Management Agreement As part of the investment management service, all aspects of the client’s financial affairs are reviewed and realistic and measurable goals are set and objectives to reach those goals are defined. As goals and objectives change over time, suggestions are made and implemented on an ongoing basis. The Adviser periodically reviews a client’s financial situation and portfolio through regular contact with the client which often includes an annual meeting with the client. The Adviser makes use of portfolio rebalancing software to maintain client allocations according to the Investment Policy Statement in effect. The scope of work and fee for an Advisory Service Agreement is provided to the client in writing prior to the start of the relationship. The agreement sets forth the services to be provided, the fees for the service and the agreement may be terminated by either party in writing at any time. Financial Planning Agreement The financial plan may include, but is not limited to: a net worth statement; a cash flow statement; a review of investment accounts, including reviewing asset allocation and providing repositioning recommendations; strategic tax planning; a review of retirement accounts and plans including recommendations; a review of insurance policies and recommendations for changes, if necessary; one or more retirement scenarios; estate planning review and recommendations; and education planning with funding recommendations. The financial planning may be the only service provided to the client and does not require that the client use or purchase the investment advisory services offered by the Advisor or any of the insurance products or other products and services offered by the associated persons of the Advisor. There is an inherent conflict of interest for the Advisor whenever a financial plan recommends use of professional investment management services or the purchase of insurance products or other financial products or services. The Advisor or its associated persons may receive compensation for financial planning and the provision of investment management services and/or the sale of insurance and other products and services. The Advisor does not make any representation that these products and services are offered at the lowest available cost and the client may be able to obtain the same products or services at a lower cost from other providers. However, the client is under no obligation to accept any of the recommendations of the Advisor or use the services of the Advisor in particular. Hourly Engagements The Adviser provides hourly services for clients who need advice on a limited scope of work. Asset Management Investments may include: equities (stocks), warrants, corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (variable life insurance, variable annuities, and mutual funds shares), U. S. government securities, options contracts, futures contracts, and interests in partnerships. Newport Wealth Advisors reserves the right to advise clients on any other types of investments deemed appropriate based on the client’s stated goals and objectives. The Firm may also provide advice on other types of investment held in a client’s portfolio at the inception of the advisory relationship or on investments for which the client requests advice. Stocks and bonds may be purchased or sold through a brokerage account when appropriate. The brokerage firm charges a fee for stock and bond trades. Newport Wealth Advisors does not receive any compensation, in any form, from fund companies. Selection of Third Party Advisers and Sub Advisers Newport Wealth Advisors may recommend that clients utilize the services of a third party investment adviser (“TPA”) to manage a portion of, or their entire portfolio. All TPAs that the Firm recommends to its clients must either be registered as investment advisers with the Securities and Exchange Commission or with the appropriate state authority(ies). After gathering information about the client’s financial situation and objectives, an investment adviser representative of Newport Wealth Advisors will make recommendations regarding the suitability of a TPA or investment style based on, but not limited to, the client’s financial needs, investment goals, tolerance for risk, and investment objectives. Upon selection of a TPA(s), Newport Wealth Advisors will monitor the performance of the TPA(s) to ensure their performance and investment style remains aligned with the investment goals and objectives of the client. Newport Wealth Advisors may share in the fee paid by the client to the TPA. Clients who are referred to TPAs will receive full disclosure, including services rendered and fee schedules, at the time of the referral by delivery of a copy of the relevant TPA’s Form ADV Part 2 or equivalent disclosure document. In addition, if the investment program recommended to a client is a wrap fee program, the client will also receive the Schedule H or equivalent wrap fee account size, minimum fees, or other portfolio conditions as outlined in their disclosure statements. The Firm or the TPA will provide to each client all appropriate disclosure statements, including disclosure of solicitation fees paid to Newport Wealth Advisors and its investment adviser representatives. Fees paid by the client to the TPA are established and payable in accordance with the Form ADV Part 2 or other equivalent disclosure document provided by each TPA to whom the client is referred and these fees may or may not be negotiable. Such compensation may differ depending upon the Firm’s individual agreement with each TPA. As such, Newport Wealth Advisors or its investment adviser representatives may have an incentive to recommend one TPA over another TPA with whom it has less favorable compensation arrangements or other advisory programs offered by TPAs with which it has no compensation arrangements. Clients may be required to sign an agreement directly with the TPA(s) selected. The client, the Firm, or the TPA, in accordance with the provisions of those agreements, may terminate the advisory relationship. If the TPA is compensated in advance, the client will typically receive a pro rata refund of any prepaid advisory fees upon termination of an advisory agreement. Termination of Agreement A Client may terminate any of the aforementioned agreements at any time by notifying the Adviser in writing. Clients shall be charged pro rata for services provided through to the date of termination. If the client made an advance payment, the Adviser will refund any unearned portion of the advance payment. The Adviser may terminate any of the aforementioned agreements at any time by notifying the client in writing. If the client made an advance payment, the Adviser will refund any unearned portion of the advance payment. The Adviser reserves the right to terminate any financial planning engagement where a client has willfully concealed or has refused to provide pertinent information about financial situations when necessary and appropriate, in the Adviser’s judgment, to providing proper financial advice. Any unused portion of fees collected in advance will be refunded.