# Ascent Advisors

> Ascent Advisors is an SEC-registered investment advisory firm in Mankato, MN, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 24, 2026.

- CRD: 335353
- Filed as: ASCENT ADVISORS
- Legal name: Ascent Advisors LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Mankato, MN
- Filing period: October 2026
- Form ADV filing dated: September 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/335353
- AdvisorCensus page: https://advisorcensus.com/firm/ascent-advisors-mankato-mn-335353

## Quick answers

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

**How much does Ascent Advisors charge?**
Its Form ADV Part 2A brochure dated March 29, 2026 states: Flat fee: $1,500 to $100,000 (creating client financial plans); Hourly rate: $350 to $2,000 an hour (these services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Ascent Advisors located?**
Ascent Advisors' principal office is in Mankato, MN, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Ascent Advisors registered with the SEC or a state?**
Ascent Advisors is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335353.

**How much does Ascent Advisors manage?**
Ascent Advisors reports $110,775,600 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (100% discretionary).

**What types of clients does Ascent Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (150); high net worth individuals (17); pension and profit sharing plans (but not the plan participants or government pension plans) (4).

**Which custodians does Ascent Advisors use?**
Ascent Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Ascent Advisors 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/335353

**Does Ascent Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 29, 2026 says: "There is no account minimum for any of Ascent’s services."

**What changed in Ascent Advisors' recent Form ADV filings?**
In the May 2026 filing data: Registered or notice-filed in CA, FL, IL, NE, TX, WA.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 29, 2026)

- Account minimum: None

> There is no account minimum for any of Ascent’s services.

- Flat fee: $1,500 to $100,000 (creating client financial plans)

> The negotiated fixed rate for creating client financial plans is between $1,500 and $100,000.

- Hourly rate: $350 to $2,000 an hour (these services)

> The negotiated hourly fee for these services is between $350 and $2,000.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $110,775,600
- Discretionary: $110,775,600
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 150 | $76,086,072 |
| High net worth individuals | 17 | $33,673,971 |
| 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) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $1,015,557 |
| Charitable organizations | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Other

### Firm details
- Registered since: 2025 (0 years)
- Employees: 9 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, IL, MN, NE, TX, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Maple Grove,, MN

### Websites listed on Form ADV (Item 1.I)
- ascentmn.com
- open.spotify.com/show/1XdQTmEFfzTQ6DmwYGkdPz
- Facebook @ascentfinancial
- Instagram @ascentadvisorsmn
- LinkedIn @ascent-advisors-31b183149
- YouTube @UCCPI8Kki0lgJPKRQbFT2pQA

## Changes in the filing (last 12 months)

### May 2026
- Registered or notice-filed in CA, FL, IL, NE, TX, WA.

### April 2026
- Regulatory assets under management went from $0 to $101,000,000.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Newly registered with the SEC.

### December 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ascent Advisors (CRD 335353): Form ADV filing data as of October 2026.