Derrick E. Mcgavic

NEWPORT INVESTMENT MANAGEMENT

CHICAGO, IL 60606

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CRD#: 5390441

Professional summary

Derrick E Mcgavic II, who also goes by Derrick E Mcgavic, is a registered financial advisor currently at NEWPORT INVESTMENT MANAGEMENT, LLC located in Chicago, Illinois.

Derrick is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2007. Derrick has worked at 2 firms and has passed the Series 63 and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Derrick E Mcgavic

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Derrick E Mcgavic II's CRS (Customer Relationship Summary).

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

May 6, 2015 - Present

NEWPORT INVESTMENT MANAGEMENT, LLC

Office #1: 225 W Wacker Dr. Ste 1850, Chicago, IL 60606

RIA

CRD#: 153918

CHICAGO, IL

Past

September 10, 2007 - August 15, 2008

DEAM INVESTOR SERVICES, INC.

CRD#: 754

CHICAGO, IL

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

NEWPORT INVESTMENT MANAGEMENT, LLC

CRD#: 153918 / SEC#: 801-78673

RIA

Registered Investment Advisory firm - (10/21/2013 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Texas
(5/6/2015)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

Series 63

Date: 9/14/2007

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 9/7/2007

General Securities Representative Examination

Current Firm

NEWPORT INVESTMENT MANAGEMENT, LLC

CRD#: 153918 / SEC#: 801-78673

RIA

Registered Investment Advisory firm - (10/21/2013 Approved)

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Contact information

Main Address

225 W Wacker Dr. Ste 1850, Chicago, IL 60606

Mailing Address

Phone number

(312) 724-7031

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (3 States and Territories)

Documents

Latest Form ADV

Part 2 Brochures

NEWPORT INVESTMENT MANAGEMENT, LLC FIRM BROCHURE (3/14/2025)

Regulatory assets under management

Total Number of Accounts	7
AUM (Assets Under Management)	$ 582,586,000

Red Flags

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Check for any disclosures as part of your thorough research when choosing an advisor.

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Derrick E. Mcgavic

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Derrick E Mcgavic II's CRS (Customer Relationship Summary).

Certified licenses

Experience

NEWPORT INVESTMENT MANAGEMENT, LLC

DEAM INVESTOR SERVICES, INC.

Primary Firm SEC Registration

NEWPORT INVESTMENT MANAGEMENT, LLC

State Registrations and Notice Filings

Exams

Series 63

Date: 9/14/2007

Series 7

Date: 9/7/2007

Current Firm

NEWPORT INVESTMENT MANAGEMENT, LLC

Contact information

SEC notice filing (3 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

NEWPORT INVESTMENT MANAGEMENT, LLC

TRUST BUT VERIFY

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