THE ASCENT GROUP, LLC

RIASEC RegisteredEst. 2021
Total AUM
$4.8B
Discretionary
$4.8B
100% of AUM
Avg account
$563K
Accounts
8,449
Employees
44
Advisory reps
20

Firm details

Headquarters
VIRGINIA BEACH, Virginia
CRD number
314424
Registered since
May 10, 2021
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 registered with the SEC in 2021. It serves both individual/family and institutional clients and acts as a capital allocator, providing financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, selection-of-advisers services, and educational seminars. Its fee arrangements include asset-based fees, hourly charges, and fixed fees. The firm reports affiliations with broker-dealers, other investment advisers, and insurance companies, and it lists pension consulting among its business activities. The firm indicates it is not an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 46%, Public Funds/Mutual Funds 45%, State & Local Bonds 3%, Investment Grade Corp Bonds 3%, Cash & Cash Equivalents 3%, Private Funds 1%46%
  • Exchange Traded Equities46%
  • Public Funds/Mutual Funds45%
  • State & Local Bonds3%
  • Investment Grade Corp Bonds3%
  • Cash & Cash Equivalents3%

Contacts

3 of 20
  • CRAIG STANLEY

    Lead PartnerCRD 5325378

  • MARK BATZEL

    Lead PartnerCRD 1911220

  • MICHAEL MOSS

    Platform LeaderCRD 6109175

Unlock 17 more contacts

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 306

Active vs passive

$1.8B in ETFs

Passive

66%

$1.2B

Active

14%

$626M

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) ETF (SPYM)State Street$124M1,624,4606.81%

Location

Primary office

VIRGINIA BEACH, VA

VIRGINIA BEACH CITY

Location

VIRGINIA BEACH, VA

Headquartered in VIRGINIA BEACH, VA, anchoring the Virginia Beach-Norfolk, VA-NC metro in the South.

Metro area
Virginia Beach-Norfolk, VA-NC
Region
South
County
VIRGINIA BEACH CITY
Address
192 Ballard Ct
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth