# Ascent Financial Group

> 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.

- CRD: 325706
- Filed as: ASCENT FINANCIAL GROUP
- Legal name: Ascent Financial Group LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: February 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/325706
- AdvisorCensus page: https://advisorcensus.com/firm/ascent-financial-group-richmond-va-325706

## Quick answers

**How 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

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated February 10, 2026)

- 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

> 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

> We do not have a minimum account size requirement.

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: $100,790,206
- Discretionary: $100,790,206
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 88 | $35,853,534 |
| High net worth individuals | 40 | $64,936,672 |
| 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) | 0 | $0 |
| 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2026 (0 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NC, NY, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ascent-financial.com
- linked.com/company/ascent-financial-group
- Instagram @ascent__financial

## Changes in the filing (last 12 months)

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ascent Financial Group (CRD 325706): Form ADV filing data as of October 2026.