THE ASCENT GROUP, LLC
Adviser information for THE ASCENT GROUP, LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 23 |
|---|---|
| Investment Advisory/Research | 21 |
| Registered Broker-Dealer Representatives | 19 |
| Registered State Investment Advisers | 10 |
| Licensed Agents of an Insurance Company | 12 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 4,261 | $2.9B |
| Non-Discretionary | 0 | $0 |
| Total | 4,261 | $2.9B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,393 | $373.2M |
| HNW Individuals | 446 | $1.2B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 100 | $1.2B |
| Charitable organizations | 20 | $30.9M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 19 | $56.2M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 6 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 2000 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-121182 |
|---|---|
| SEC ERA File Number | 801-121182 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 314424 |
| Legal Entity Identifier | None |
Principal Office
192 BALLARD COURTSUITE 400
VIRGINIA BEACH
VA
United States
Monday - Friday, 8 AM - 6 PM
Tel: 757-499-8300, Fax: None
Websites
Chief Compliance Officer
MICHAEL J. MOSS
CHIEF EXECUTIVE OFFICER AND MANAGING MEMBER
192 BALLARD COURT
SUITE 400
VIRGINIA BEACH
VA
United States
Tel:
757-499-8300
M****@********M
(Full email address available in API data)
Industry Affiliates
| ALERA INVESTMENT ADVISORS, LLC | Other investment adviser, including financial planners |
| ALERA RETIREMENT ADVISORS, LLC | Other investment adviser, including financial planners |
| JOHNSON BRUNETTI | Other investment adviser, including financial planners |
| WHARTON BUSINESS GROUP, LLC | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SILVERMAN, JEFFREY, MICHAEL | Individual | – | MANAGING PARTNER | 04/2021 | < 5% |
| MOSS, MICHAEL, JOHN | Individual | – | CHIEF COMPLIANCE OFFICER | 04/2021 | < 5% |
| ALERA GROUP INC | Domestic Entity | – | PARENT COMPANY | 12/2022 | > 75% |
| ALERA GROUP INTERMEDIATE HOLDINGS, LLC | Domestic Entity | ALERA GROUP INC | SHAREHOLDER | 12/2016 | > 75% |
| ALERA GROUP HOLDINGS, INC. | Domestic Entity | ALERA GROUP INTERMEDIATE HOLDINGS, LLC | SHAREHOLDER | 12/2016 | > 75% |
| ALERA GROUP ULTIMATE HOLDINGS, LLC | Domestic Entity | ALERA GROUP HOLDINGS, INC. | SHAREHOLDER | 06/2021 | > 75% |
| GENSTAR X ALERA GROUP HOLDINGS, LLC | Domestic Entity | ALERA GROUP ULTIMATE HOLDINGS, LLC | SHAREHOLDER | 09/2021 | 25-50% |
| GENSTAR CAPITAL PARTNERS X, L.P. | Domestic Entity | GENSTAR X ALERA GROUP HOLDINGS, LLC | SHAREHOLDER | 09/2021 | 25-50% |
| BURES, JENNIFER, ANN | Individual | – | VICE PRESIDENT | 12/2022 | < 5% |
| HOHMAN, TINA, MARIE | Individual | – | VICE PRESIDENT | 12/2022 | < 5% |
| MANGO, CHRISTIAN | Individual | – | VICE PRESIDENT | 12/2022 | < 5% |