Ascension Investment Management
Answer a few questions and
get matched with an advisor.
Learn more about Ascension Investment Management
Overview
Ascension Investment Management is a financial advisor firm located in Saint Louis, Missouri. The company controls $41.7 billion in assets under management throughout 13 accounts, making it one of the biggest firms in the United States by assets under management (AUM). It has a small team, including 15 financial advisors. Ascension Investment Management does not act as a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer firm to do so. Securities are tradable financial investments like options, bonds and stocks.
Ascension Investment Management manages more than half of its client assets in a discretionary manner. Discretionary management signifies that a portfolio manager makes transaction judgments without needing the customer's approval. The company also has five non-discretionary accounts with a total of $14.8 billion in AUM. The company oversees roughly $3.2 billion in assets for every client account. The average advisor at Ascension Investment Management manages fewer than one client account, making it one of the most personalized firms in the country.
Ascension Investment Management's headquarters is located at 4600 Edmundson Road St., Saint Louis, Missouri 63134. The company is registered to provide services to clients in the state of Missouri.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Ascension Investment Management by the Numbers
$41.7 billion
30
13
$3.2 billion
Products and Services
Ascension Investment Management provides multiple financial services, including portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services and selection of other advisers. However, it did not provide financial planning services to any of its accounts in the last fiscal year. It does not sell products or offer services aside from investment advice to its investment advisory accounts.
Core Advisor Services
-
Find a firm that offers this service
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Find a firm that offers this service
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
A financial advisor's fees largely are based on the services offered. However, fee types charged by the firm may include some blend of the following fee types: asset-based, fixed or other. The firm does not provide a wrap fee program, in which the company offers a bundle of services for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 32% of firms
Fixed
-
Offered by 10% of firms
Other
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
Types of Clients
Ascension Investment Management provides services to pooled investment vehicles and charitable organizations. Out of its 13 accounts, Ascension Investment Management's biggest client group is charitable organizations. About 18% of its accounts are non-U.S. persons.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 12.5%
- Charitable Organizations - 87.5%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Ascension Investment Management does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.