The Ascent Group, LLC

RIASEC RegisteredEst. 2021

Total AUM

$4.8B

Discretionary

$4.8B

100% of AUM

Avg account

$563K

Accounts

8,449

Employees

Advisory reps

Firm details

Headquarters: Virginia Beach, Virginia
CRD number: 314424
Registered since: May 10, 2021
Website: ascentgroupmi.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC., ASSETMARK TRUST CO.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI54.48%
Individuals19.82%
Pension & Profit Sharing Plans19.6%
Corporations / Businesses3.67%
Charitable Organizations2.42%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

The Ascent Group, LLC is an independent registered investment adviser organized as an LLC and operating as a capital allocator for both individuals/families and institutional clients. The firm, SEC-registered in 2021, provides traditional wealth management and advisory services including financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, selection of other advisers, and educational workshops. Its fee model includes percentage-of-AUM billing alongside hourly and fixed fees. The firm is not identified as an active ESG investor. The Ascent Group maintains relationships across the financial services ecosystem (broker‑dealer, insurance company and other advisers) and positions itself to construct portfolios that blend managed separate accounts, ETFs and third‑party fund allocations. It also engages in pension consulting work for institutional clients.