Newman Settlement Services Group

What Newman Settlement Services Group does

Newman Settlement Services Group (TNSSG Advisors) is a privately-held professional services firm headquartered in West Nyack, New York, that provides comprehensive settlement planning services to plaintiff attorneys and personal injury claimants nationwide. Founded in 2002 by Brett Newman, the firm operates under multiple brand names including TNSSG, TNSSG Advisors, The Newman Structured Settlement Group, and The Lien Resolution Group, with affiliated operations including LRG Settlement Advisors (led by Randal Gassman) and the wholly-owned subsidiary Total MSA Services. The firm self-describes as one of the largest Settlement Planning firms in the country, with each consultant carrying 18+ years of experience and managing partner Brett Newman having personally placed hundreds of millions of dollars in structured settlements and trust accounts over a 20-year career.

The firm's service portfolio spans structured settlement annuity placement, attorney fee structuring, Medicare/Medicaid and private insurance lien resolution, Medicare Set-Aside allocation and administration (via Total MSA Services), Qualified Settlement Fund administration, Special Needs Trusts, settlement preservation trusts, trust administration, family law settlements, employment settlements, and wealth management coordination. Revenue is generated through two streams: commissions paid by highly rated life insurance carriers (AIG, MetLife, Prudential, Pacific Life, New York Life, Mutual of Omaha, Berkshire Hathaway Life) on placed structured settlement annuity policies, and fee-based professional services for MSA reports, lien resolution work, and trust administration. The firm does not operate proprietary technology platforms; all services are delivered through human expertise and personal relationships.

TNSSG serves as a "Litigation Resource Group" for plaintiff law firms nationwide, with customer acquisition driven by attorney referrals, a website-based case referral form, and speaking engagements at bar association conferences and continuing legal education programs across multiple U.S. states. The firm operates from a small team of senior consultants and relies on strategic partnerships with insurance carriers, wealth management firms, and special counsel Franklin Solomon to deliver its full service offering. Service areas include personal injury, wrongful death, mass tort, employment, and family law matters, with particular depth in cases involving vulnerable populations such as minors, incapacitated adults, and individuals with disabilities who require trust structures to protect government benefit eligibility.

Name

Newman Settlement Services Group

Legal name

Newman Settlement Services Group

Website

https://tnssg.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Newman Settlement Services Group (TNSSG Advisors) is a privately-held professional services firm founded in 2002 that provides structured settlement planning, Medicare Set-Aside administration, lien resolution, and trust services to plaintiff attorneys and personal injury claimants nationwide.

Ownership category

akta.pro rank

Product category

Settlement Planning Services

NAICS

Miscellaneous Intermediation (523910), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Health and Welfare Funds (525120)

SIC

Insurance Agents, Brokers & Service (6411), Services-Legal Services (8111), Services-Management Consulting Services (8742)

akta.pro industry

PRIMARYFSAIACAJ

Structured Settlement Annuities

Financial & Insurance/Insurance — Life & Health/Annuities (Fixed, Variable & Indexed)

SECONDARYFSAEAFAC

Debt Settlement & Negotiation Services

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Credit & Debt Advisory (Restructuring, Counseling & Settlement)

SECONDARYFSAKAIAK

Debt Settlement / Negotiation Programs (Non-loan)

Financial & Insurance/Lending & Consumer Finance/Debt Consolidation & Refinancing

Keywords

• Structured settlement services
• Lien resolution services
• Medicare set-aside administration
• Trust administration services
• Settlement planning consulting

Headquarters

HQ city

Nanuet

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Structured Settlement Annuity Placement: TNSSG facilitates the placement of structured settlement annuities through relationships with highly rated life insurance carriers (AIG, MetLife, Prudential, Pacific Life, etc.). Revenue is generated through commissions paid by the insurance carriers on placed annuity policies, offering tax-free periodic payments to plaintiffs.
2. Fee-Based MSA and Lien Resolution Services: TNSSG provides fee-based Medicare Set-Aside allocation reports and lien resolution services, including audit, negotiation, and compromise of Medicare, Medicaid, and private insurance liens. Fees are charged for professional consulting and administrative services.
3. Trust Administration Services: Through strategic partners, TNSSG provides full account administration services for settlement trusts, Special Needs Trusts, and pooled trusts, generating fees for trust creation and ongoing administration.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Newman Settlement Services Group (TNSSG Advisors) is a settlement planning firm that designs and places tax-free structured settlement annuities for personal injury and mass-tort plaintiffs, resolves Medicare, Medicaid, and private insurance liens, structures attorney fee deferrals, prepares Medicare Set-Aside allocation reports, administers MSAs through subsidiary Total MSA Services, and creates/administers Special Needs Trusts, Settlement Preservation Trusts, and Qualified Settlement Funds for vulnerable claimants and complex settlements.

Product overview

Newman Settlement Services Group (TNSSG Advisors) is a settlement planning firm offering a comprehensive suite of interconnected financial and legal services centered on structured settlements and trust administration. The core offerings include Structured Settlements (tax-free future payment annuities), Attorney Fee Structures, Lien Resolution (Medicare/Medicaid/private insurance), Medicare Set-Asides and MSA Administration, Qualified Settlement Funds, and various Trust services (Special Needs Trusts, Trust Administration, Settlement Preservation Trusts). The company also provides Employment Settlements, Family Law Settlements, and Wealth Management services. Services are delivered through a team of settlement consultants with 18+ years of experience, working nationally with law firms as a litigation resource group.

Differentiator

Problem solved

Functional benefit

Products and services

• Structured Settlements Mechanism allowing plaintiffs to receive personal injury, wrongful death, employment, or mass-tort settlement proceeds as future tax-free periodic payments guaranteed by highly rated life insurance companies, providing long-term financial security through flexible payment plans.
• Attorney Fee Structures Structured settlement annuity services for attorneys to defer contingency fee payments, helping manage income taxes by spreading taxable income over time and providing retirement planning benefits.
• Lien Resolution Resolution services for Medicare, Medicaid, and private insurance liens, including auditing reimbursement claims, negotiating reductions, and applying for compromises, waivers, or appeals to maximize claimant recovery.
• Medicare Set-Asides (MSA) Fee-based MSA allocation reports and strategies to protect Medicare's future interests in workers' compensation and non-workers' comp settlements, ensuring compliance with Medicare Secondary Payer laws.
• MSA Administration Professional administration services through affiliated company Total MSA, including establishing custodial accounts, processing provider invoices, maintaining records, and submitting annual reporting to Medicare.
• Qualified Settlement Funds (QSF) QSF administration services under IRC Section 468B, providing controlled distribution, tax reporting, investment options, and escrow services for complex settlements.
• Employment Settlements Structured settlement services for employment-related claims including wrongful termination, wage disputes, discrimination, and severance agreements, addressing tax exposure and long-term financial planning.
• Special Needs Trusts Trust structures designed to protect government benefit eligibility while allowing funds to be used for supplemental care, administered with flexibility for beneficiaries' quality of life needs.
• Trust Administration Full account administration services for individually-created and court-ordered settlement trusts, special needs trusts, minor trusts, and pooled trusts, including mass tort trust creation and administration.
• Settlement Preservation Trusts Trust structures that protect settlement proceeds from rapid depletion, providing controlled access to funds over time for long-term financial security.
• Family Law Settlements Structured settlement solutions for family law matters including guaranteed payments for child support, alimony, and asset division for minor children, conforming to IRS Section 1041 for tax-free treatment.
• Wealth Management Financial management services through strategic partnerships providing investment management, estate and tax planning, retirement planning, and government benefit planning for injured claimants.

Quantifiable outcome

• Tax-free structured settlement payments — 100% of payments including interest are tax-free with no 1099 or IRS reporting required
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Total MSA ServicescoreStrategic or Co-development PartnerTNSSG created Total MSA Services as a specialized subsidiary to handle full Medicare Set-Aside Administration. Total MSA establishes custodial MSA accounts, issues MSA coverage cards, audits and approves provider invoices, pays providers, maintains treatment records, and submits annual reporting to Medicare. The entity also established strategic relationships with prescription and durable goods providers for competitive pricing.
• AIGminorChannel Partner/ Reseller/ DistributorAIG is one of the structured settlement annuity carriers recommended by TNSSG on its structured settlements page. AIG provides the annuity products that fund structured settlement payments for plaintiffs.
• MetLifeminorChannel Partner/ Reseller/ DistributorMetLife is listed as a structured settlement annuity carrier partner. MetLife provides retirement and income solutions through structured settlements facilitated by TNSSG.
• New York LifeminorChannel Partner/ Reseller/ DistributorNew York Life is listed as a structured settlement annuity carrier partner, providing guaranteed payment products.
• PrudentialminorChannel Partner/ Reseller/ DistributorPrudential is listed as a structured settlement annuity carrier partner offering advisor-directed structured settlement solutions.
• Pacific LifeminorChannel Partner/ Reseller/ DistributorPacific Life is listed as a structured settlement annuity carrier partner providing additional solutions for structured settlements.
• Mutual of OmahaminorChannel Partner/ Reseller/ DistributorMutual of Omaha is listed as a structured settlement annuity carrier partner providing group annuity products.
• Berkshire Hathaway Life InsuranceminorChannel Partner/ Reseller/ DistributorBerkshire Hathaway Life Insurance (BHG Structures) is listed as a structured settlement annuity carrier partner.
• Wealth Management Firms (Strategic Partners)coreStrategic or Co-development PartnerTNSSG has created strategic partnerships with sophisticated Wealth Management Firms to provide claimants with tailored investment strategies, estate and tax planning, accounting, retirement planning, and government benefit planning. These partners specialize in working with injured claimants who have low risk tolerance and limited future employment prospects.
• Franklin Solomon (Special Counsel)coreStrategic or Co-development PartnerFranklin Solomon serves as special counsel to Newman Settlement Services Group and plays an instrumental role in successful lien resolution programs. A graduate of Rutgers University School of Law at Camden, Mr. Solomon specializes in evaluation, litigation, and resolution of healthcare liens and reimbursement claims. He represents personal injury victims and their attorneys in defending against health plan and government benefits program claims.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Ringler Associates: Ringler Associates is the largest and most established structured settlement consulting firm in the United States, placing tax-free annuities for plaintiff attorneys nationwide. It is the most direct competitor to TNSSG's core structured settlement practice, with a similar carrier-mediated business model and attorney-referral distribution.
• Settlement Advisors, Inc. Settlement Advisors is a regional structured settlement consulting firm placing tax-free annuities for personal injury plaintiffs and their attorneys. Comparable to TNSSG in its annuity placement model, lien resolution support, and B2B attorney-referral distribution.
• Resolution Trust Services (RTS): RTS specializes in structured settlement annuities and trust administration for plaintiff claimants, with a national footprint. It competes directly with TNSSG in structured settlements and Special Needs / Settlement Preservation Trusts, serving the same plaintiff attorney referral base.
• Sage Settlement Consulting: Sage Settlement Consulting is a national structured settlement and Medicare Set-Aside firm serving plaintiff attorneys and their clients. It is a direct peer in both annuity placement and MSA allocation, with overlapping service lines and similar B2B referral-driven GTM.

Broad incumbents

• Alliant Insurance Services: Alliant is a large national insurance brokerage and consulting firm offering employee benefits, wealth management, and specialty settlement-related services. It is a broad incumbent that touches TNSSG's space through benefits consulting and carrier intermediation, though it does not specialize in plaintiff structured settlements.
• Brown & Brown, Inc. Brown & Brown is a major publicly traded insurance brokerage with diversified specialty practices including settlement planning and employee benefits. It represents a broader incumbent that competes for wallet share within insurance-adjacent professional services rather than as a direct structured settlement specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/newman-settlement-services-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Newman Settlement Services Group