Oneascent Financial Services LLC

RIASEC RegisteredEst. 2016

Total AUM

$3.5B

Discretionary

$3.1B

86% of AUM

Avg account

$221K

Accounts

16,009

Employees

161

Advisory reps

Firm details

Headquarters: Birmingham, Alabama
CRD number: 284549
Registered since: August 24, 2016
Website: oneascent.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI54.21%
Individuals31.28%
Pension & Profit Sharing Plans8.56%
Charitable Organizations5.16%
Corporations / Businesses0.78%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Oneascent Financial Services LLC is an independent, SEC-registered RIA organized as an LLC that acts as a capital allocator for individual, family and institutional clients. The firm offers a mix of fee arrangements (percentage of AUM, hourly and fixed fees) and also conducts brokerage and insurance activities through registered-rep and insurance-broker affiliations. Service lines reported on its ADV include comprehensive financial planning, portfolio management for individuals, small businesses and institutions, pension-consulting and adviser selection, and client education/seminars. Industry affiliations indicate the firm can sponsor and serve as GP or managing member of pooled investment vehicles. The firm does not self-identify as an active ESG investor. Public funds and mutual funds are a prominent part of its deployed assets, while it also operates as a capital allocator into third-party managers and alternative strategies.