AdvisorCensus / Financial advisors / Alabama / Birmingham / Oneascent Wealth Management
Oneascent Wealth Management
Filed as ONEASCENT WEALTH MANAGEMENT · Legal name Oneascent Wealth Management LLC
Oneascent Wealth Management is an SEC-registered investment advisory firm in Birmingham, AL, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 14, 2026.
Quick answers
From the filingHow is Oneascent Wealth Management compensated?
On its Form ADV (Item 5.E, October 2026), Oneascent Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does Oneascent Wealth Management's brochure say about its fees?
Its Form ADV Part 2A brochure dated August 14, 2026 states: Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Oneascent Wealth Management located?
Oneascent Wealth Management's principal office is in Birmingham, AL, according to its Form ADV; the September 2026 filing also lists 3 other offices (Schedule D, Section 1.F).
Is Oneascent Wealth Management registered with the SEC or a state?
Oneascent Wealth Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 308057.
How much does Oneascent Wealth Management manage?
Oneascent Wealth Management reports $475,574,303 in regulatory assets under management in its Form ADV filing dated August 14, 2026 (98% discretionary).
How have Oneascent Wealth Management's assets and staff changed since 2021?
In the Form ADV data for Oneascent Wealth Management: Regulatory assets under management: $264,996,592 in the October 2021 data and $475,574,303 in the October 2026 data, up 79%. Total employees: 12 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Oneascent Wealth Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (790); high net worth individuals (126); charitable organizations (6).
Which custodians does Oneascent Wealth Management use?
Oneascent Wealth Management'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 Oneascent Wealth 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/308057
What changed in Oneascent Wealth Management's recent Form ADV filings?
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).
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
- Hourly charges
- Fixed fees (other than subscription fees)
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 2AAsset-based fee: 0.5% to 2% a year (a range, as the brochure states it)
The brochure's wording
Generally, fees may vary from 0.50% to 2.00% per annum of the market value of a client’s assets in the UMA.
Generally, fees may vary from 0.50% to 2.00% per annum of the market value of a client’s assets managed by OneAscent.
As stated in the firm's Form ADV Part 2A brochure dated August 14, 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$475,574,303 as of October 2026, filing dated August 14, 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
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Oneascent Wealth Management LLC
- Also doing business as
- SOVEREIGN FAMILY OFFICE
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2020 (6 years)
- Employees
- Total: 23. Performing investment advisory functions: 12.
- 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.
- Other offices (Schedule D, Section 1.F)
-
3 other offices, as of the September 2026 filing
- States registered or notice-filed
-
17 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
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $475,574,303 | 23 | August 14, 2026 |
| October 2025 | $431,684,302 | 24 | May 12, 2025 |
| October 2024 | $520,942,904 | 32 | April 25, 2024 |
| October 2023 | $470,673,074 | 37 | September 8, 2023 |
| October 2022 | $384,527,747 | 30 | September 23, 2022 |
| October 2021 | $264,996,592 | 12 | May 11, 2021 |
Regulatory assets under management: $264,996,592 in the October 2021 data and $475,574,303 in the October 2026 data, up 79%.
Total employees: 12 in October 2021 and 23 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- September 2026
- Updated its list of owners and control persons (Schedule A).
- May 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Employees performing advisory functions went from 9 to 12.
- Regulatory assets under management went from $431,684,302 to $475,574,303 (+10%).
- Changed its office addresses in Pensacola, FL.
- No longer lists an office in Columbia, TN.
- January 2026
- Registered or notice-filed in VA.
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. Oneascent Wealth Management (CRD 308057): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/oneascent-wealth-management-birmingham-al-308057