AdvisorCensus / Financial advisors / Virginia / Richmond / Ascent Financial Group
Ascent Financial Group
Filed as ASCENT FINANCIAL GROUP · Legal name Ascent Financial Group LLC
Ascent Financial Group is an SEC-registered investment advisory firm in Richmond, VA, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 10, 2026.
Quick answers
From the filingHow is Ascent Financial Group compensated?
On its Form ADV (Item 5.E, October 2026), Ascent Financial Group reports these compensation arrangements: a percentage of assets under its management.
What does Ascent Financial Group's brochure say about its fees?
Its Form ADV Part 2A brochure dated February 10, 2026 states: Up to $1,500,000: 1% a year; $1,500,001 to $4,999,999: 0.75% a year; Above $5,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Ascent Financial Group located?
Ascent Financial Group's principal office is in Richmond, VA, according to its Form ADV.
Is Ascent Financial Group registered with the SEC or a state?
Ascent Financial Group is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 325706.
How much does Ascent Financial Group manage?
Ascent Financial Group reports $100,790,206 in regulatory assets under management in its Form ADV filing dated February 10, 2026 (100% discretionary).
What types of clients does Ascent Financial Group serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (88); high net worth individuals (40).
Which custodians does Ascent Financial Group use?
Ascent Financial Group's 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 Financial Group 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/325706
Does Ascent Financial Group state an account minimum?
Its Form ADV Part 2A brochure dated February 10, 2026 says: "We do not have a minimum account size requirement."
What changed in Ascent Financial Group's recent Form ADV filings?
In the April 2026 filing data: Newly registered with the SEC.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $1,500,000 | 1% |
| $1,500,001 to $4,999,999 | 0.75% |
| Above $5,000,000 | 0.5% |
The brochure's wording
Total Assets Under Management Annual Advisory Fees $0 - $1,500,000 1.00% $1,500,001 - $4,999,999 0.75% $5,000,000 + 0.50%
These fees are negotiable at our sole discretion , and the final fee schedule will be memorialized in the client ’s advisory agreement.
Account minimum: None
The brochure's wording
We do not have a minimum account size requirement.
As stated in the firm's Form ADV Part 2A brochure dated February 10, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$100,790,206 as of October 2026, filing dated February 10, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Ascent Financial Group LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 2. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Changes in the filing
Last 12 months- April 2026
- Newly registered with the SEC.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Ascent Financial Group (CRD 325706): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/ascent-financial-group-richmond-va-325706