AdvisorCensus / Financial advisors / Virginia / Virginia Beach / The Ascent Group, LLC
The Ascent Group, LLC is an SEC-registered investment advisory firm in Virginia Beach, VA, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.
Quick answers
From the filingHow is The Ascent Group, LLC compensated?
On its Form ADV (Item 5.E, October 2026), The Ascent Group, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is The Ascent Group, LLC located?
The Ascent Group, LLC's principal office is in Virginia Beach, VA, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F).
Is The Ascent Group, LLC registered with the SEC or a state?
The Ascent Group, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 314424.
How much does The Ascent Group, LLC manage?
The Ascent Group, LLC reports $4,760,597,948 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).
How have The Ascent Group, LLC's assets and staff changed since 2021?
In the Form ADV data for The Ascent Group, LLC: Regulatory assets under management: $2,246,908,290 in the October 2021 data and $4,760,597,948 in the October 2026 data, up 112%. Total employees: 27 in October 2021 and 44 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does The Ascent Group, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3,303); high net worth individuals (874); pension and profit sharing plans (but not the plan participants or government pension plans) (65).
Which custodians does The Ascent Group, LLC use?
The Ascent Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Assetmark Trust, Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.
Does The Ascent Group, LLC 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/314424
What changed in The Ascent Group, LLC's recent Form ADV filings?
In the April 2026 filing data: Added the business name One Stop Financial Services. Added the business name Vested Advisors. Added the business name Finwell Connect. Added the business name Acito & Paolini. Employees performing advisory functions went from 4 to 19. Added an office in Landsdale, PA. No longer lists an office in Wayne, PA. Registered or notice-filed in AZ, CO, LA, MI.
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 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated March 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$4,760,597,948 as of October 2026, filing dated March 30, 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
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Also doing business as
- ACITO & PAOLINI, ALERA GROUP RETIREMENT PLAN SERVICES, ALERA GROUP WEALTH SERVICES, FINWELL CONNECT, ONE STOP FINANCIAL SERVICES, SUMMIT GROUP 401K CONSULTING, SUMMIT GROUP OF VIRGINIA, VESTED ADVISORS, WALSH & NICHOLSON
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2021 (5 years)
- Employees
- Total: 44. Performing investment advisory functions: 19.
- 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)
-
4 other offices, as of the April 2026 filing
- States registered or notice-filed
-
29 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 | $4,760,597,948 | 44 | March 30, 2026 |
| October 2025 | $4,933,296,606 | 25 | June 30, 2025 |
| October 2024 | $2,880,025,369 | 23 | August 26, 2024 |
| October 2023 | $2,526,906,387 | 30 | August 22, 2023 |
| October 2022 | $2,515,790,834 | 30 | March 30, 2022 |
| October 2021 | $2,246,908,290 | 27 | August 31, 2021 |
Regulatory assets under management: $2,246,908,290 in the October 2021 data and $4,760,597,948 in the October 2026 data, up 112%.
Total employees: 27 in October 2021 and 44 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- April 2026
- Added the business name One Stop Financial Services.
- Added the business name Vested Advisors.
- Added the business name Finwell Connect.
- Added the business name Acito & Paolini.
- Employees performing advisory functions went from 4 to 19.
- Added an office in Landsdale, PA.
- No longer lists an office in Wayne, PA.
- Registered or notice-filed in AZ, CO, LA, MI.
- December 2025
- Updated its list of owners and control persons (Schedule A).
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. The Ascent Group, LLC (CRD 314424): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/the-ascent-group-llc-virginia-beach-va-314424