# Ascension Investment Management

> Ascension Investment Management is an SEC-registered investment advisory firm in St. Louis, MO, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.

- CRD: 159767
- Filed as: ASCENSION INVESTMENT MANAGEMENT
- Legal name: Ascension Investment Management, LLC
- Also doing business as: ASCENSION INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: St. Louis, MO
- Filing period: October 2026
- Form ADV filing dated: September 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159767
- AdvisorCensus page: https://advisorcensus.com/firm/ascension-investment-management-st-louis-mo-159767

## Quick answers

**How is Ascension Investment Management compensated?**
On its Form ADV (Item 5.E, October 2026), Ascension Investment Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other.

**Where is Ascension Investment Management located?**
Ascension Investment Management's principal office is in St. Louis, MO, according to its Form ADV.

**Is Ascension Investment Management registered with the SEC or a state?**
Ascension Investment Management is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159767.

**How much does Ascension Investment Management manage?**
Ascension Investment Management reports $42,408,290,886 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (56% discretionary).

**How have Ascension Investment Management's assets and staff changed since 2021?**
In the Form ADV data for Ascension Investment Management: Regulatory assets under management: $53,871,859,857 in the October 2021 data and $42,408,290,886 in the October 2026 data, down 21%. Total employees: 30 in October 2021 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ascension Investment Management serve?**
By number of clients on Form ADV Item 5.D: charitable organizations (7); pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Ascension Investment Management use?**
Ascension Investment Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust Company and State Street Bank and Trust as custodians holding 10% or more of its separately managed account assets.

**Does Ascension Investment Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/159767

**Does Ascension Investment Management state an account minimum?**
Its Form ADV Part 2A brochure dated January 22, 2026 says: "AIM has established a minimum account size of $1 million, although it may waive this minimum in its discretion."

**What changed in Ascension Investment Management's recent Form ADV filings?**
In the February 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated January 22, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> AIM has established a minimum account size of $1 million, although it may waive this minimum in its discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Northern Trust Company
- State Street Bank and Trust

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $42,408,290,886
- Discretionary: $23,605,951,212
- Non-discretionary: $18,802,339,674

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $15,196,477,841 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $7,471,715,659 |
| Charitable organizations | 7 | $19,684,014,067 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $56,083,319 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 27 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MO
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ascensioninvestmentmanagement.com
- LinkedIn @ascension-investment-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $53,871,859,857 | 30 | September 27, 2021 |
| October 2022 | $41,695,214,494 | 30 | September 27, 2022 |
| October 2023 | $40,060,183,528 | 26 | September 27, 2023 |
| October 2024 | $40,337,272,573 | 27 | September 27, 2024 |
| October 2025 | $40,337,272,573 | 27 | September 27, 2024 |
| October 2026 | $42,408,290,886 | 27 | September 25, 2026 |

Regulatory assets under management: $53,871,859,857 in the October 2021 data and $42,408,290,886 in the October 2026 data, down 21%.
Total employees: 30 in October 2021 and 27 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ascension Investment Management (CRD 159767): Form ADV filing data as of October 2026.