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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 1b 10b

FIRST ASCENT ASSET MANAGEMENT, LLC

CRD 281470

DENVER, CO

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:9c2afcb0-9c7f-789f-853b-5bd66f31deed

Data as of Apr 24, 2023 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 4:27 AM UTC and rebuilt at most every 15 minutes.

Relationships: 18
Dated events: 9
On other graphs: 0
Observed: May 2, 2018 to Apr 24, 2023
20 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $1.4BItem 5.F on the latest filing (2023-04-24); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.1B
Private client RAUM: $1.2BderivedItem 5.D individuals plus high net worth individuals
Private client share: 88%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 12
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 4,897
Individual clients: 1,514
High net worth clients: 3,129
SEC number: 801-113358
CRD: 281470
Filings on the tape: 20
First filed: May 2, 2018
Latest filed: Apr 24, 2023
Organised: Limited Liability Company, Delaware

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
GARCIA, KAREN, LOUISE	CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER	Na	yes	03/2023	May 2, 2018	Apr 24, 2023
GEOWEALTH ENTERPRISES, LLC	Member	E	yes	03/2018	Apr 24, 2023	Apr 24, 2023
GEOWEALTH HOLDINGS, LLC	Member	E	yes	12/2004	Apr 24, 2023	Apr 24, 2023
GEOWEALTH LLC	Owner	E	yes	03/2023	Apr 24, 2023	Apr 24, 2023
I.A. O'SHAUGHNESSY TRUST, FBO GERALD E. O'SHAUGHNESSY	Shareholder	C	yes	07/2000	Apr 24, 2023	Apr 24, 2023
KRULIK, PATRICK, JAMES	CHIEF INVESTMENT OFFICER	Na	yes	03/2023	May 2, 2018	Apr 24, 2023
L.G. O'SHAUGHNESSY TRUST, FBO GERALD E. O'SHAUGHNESSY	Shareholder	C	yes	07/2000	Apr 24, 2023	Apr 24, 2023
MACKILLOP, SCOTT, ANDREW	CHIEF EXECUTIVE OFFICER	Na	yes	03/2023	May 2, 2018	Apr 24, 2023
MONTREAUX, INC	Shareholder	E	yes	07/2000	Apr 24, 2023	Apr 24, 2023
PHOENIX CAPITAL GROUP, INC.	Shareholder	E	yes	07/2000	Apr 24, 2023	Apr 24, 2023
THE GLOBE RESOURCES GROUP INC.	Member	E	yes	12/2004	Apr 24, 2023	Apr 24, 2023

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
GEOWEALTH MANAGEMENT LLC	n/a	Independent wealth	$18B	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2022	Mar 21, 2023	$1.4B	$1.1B	12	3	n/a	n/a
2021	Mar 17, 2022	$1.4B	$957M	9	3	n/a	n/a
2020	Feb 25, 2021	$935M	$519M	8	3	n/a	n/a
2019	Feb 25, 2020	$390M	$246M	8	3	n/a	n/a
2018	Mar 22, 2019	$152M	$108M	8	3	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2022	$1.4B	$1.4B	-2.4%	$390M	51.9%	12	9	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
GEOWEALTH MANAGEMENT LLC	3	Mar 25, 2024	Jan 5, 2026	DENVER, CO	Firm absorbed	RIA to RIA	75.0%

Relationships

Affiliated with (1)

→ GEOWEALTH MANAGEMENT LLCRegistered adviserother investment adviser, common control
factForm ADV

Controls (10)

← GARCIA, KAREN, LOUISEOwnerCHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER, ownership code NA, individual
May 2, 2018 to presentfactForm ADV
← MACKILLOP, SCOTT, ANDREWOwnerCHIEF EXECUTIVE OFFICER, ownership code NA, individual
May 2, 2018 to presentfactForm ADV
← KRULIK, PATRICK, JAMESOwnerCHIEF INVESTMENT OFFICER, ownership code NA, individual
May 2, 2018 to presentfactForm ADV
← GEOWEALTH ENTERPRISES, LLCOwnerMEMBER, ownership code E, domestic entity
Apr 24, 2023 to presentfactForm ADV
← GEOWEALTH HOLDINGS, LLCOwnerMEMBER, ownership code E, domestic entity
Apr 24, 2023 to presentfactForm ADV
← I.A. O'SHAUGHNESSY TRUST, FBO GERALD E. O'SHAUGHNESSYOwnerSHAREHOLDER, ownership code C, domestic entity
Apr 24, 2023 to presentfactForm ADV
← L.G. O'SHAUGHNESSY TRUST, FBO GERALD E. O'SHAUGHNESSYOwnerSHAREHOLDER, ownership code C, domestic entity
Apr 24, 2023 to presentfactForm ADV
← MONTREAUX, INCOwnerSHAREHOLDER, ownership code E, domestic entity
Apr 24, 2023 to presentfactForm ADV
← PHOENIX CAPITAL GROUP, INC.OwnerSHAREHOLDER, ownership code E, domestic entity
Apr 24, 2023 to presentfactForm ADV
← THE GLOBE RESOURCES GROUP INC.OwnerMEMBER, ownership code E, domestic entity
Apr 24, 2023 to presentfactForm ADV

Moved with (1)

→ GEOWEALTH MANAGEMENT LLCRegistered adviser4 advisors, firm absorbed, same day
Mar 25, 2024 to Jan 5, 2026factForm ADV

Registered with (5)

← KAREN LOUISE GARCIAAdvisorregistration: previous registration
Oct 13, 2017 to Mar 25, 2024factForm ADV
← PATRICK JAMES KRULIKAdvisorregistration: previous registration
Nov 22, 2016 to Mar 25, 2024factForm ADV
← Malcolm Ian MacKillopAdvisorregistration: previous registration
Feb 5, 2018 to Mar 25, 2024factForm ADV
← Charles D StaplesAdvisorregistration: previous registration
Mar 7, 2023 to Mar 25, 2024factForm ADV
← RYANN RANDALLAdvisorregistration: previous registration
Nov 22, 2016 to Aug 8, 2017factForm ADV

Dated events

Occurred
Mar 25, 2024
Firm absorbed
First Ascent Asset Management, LLC's advisors moved to Geowealth Management LLC (Denver, CO): 4 of 4 registered, on the same day
Form ADVobserved 4 days ago
4 advisors
Occurred
Mar 25, 2024
Advisor changed firm
Charles D Staples left First Ascent Asset Management, Llc for Geowealth Management Llc (registered 2026-01-05)
Form ADVobserved 5 days ago
Occurred
Mar 25, 2024
Advisor changed firm
Malcolm Ian Mackillop left First Ascent Asset Management, Llc for Geowealth Management Llc (registered 2024-05-03)
Form ADVobserved 5 days ago
Occurred
Mar 25, 2024
Advisor changed firm
Patrick James Krulik left First Ascent Asset Management, Llc for Geowealth Management Llc (registered 2024-04-26)
Form ADVobserved 5 days ago
Occurred
Mar 25, 2024
Advisor changed firm
Karen Louise Garcia left First Ascent Asset Management, Llc for Geowealth Management Llc (registered 2026-01-05)
Form ADVobserved 5 days ago
Occurred
Mar 17, 2022
Regulatory AUM changed
First Ascent Asset Management, Llc reported RAUM $1.4B, up 50% from $935.0M (2021-12-24 to 2022-03-17)
Form ADVobserved 5 days ago
$467M
Occurred
Feb 25, 2021
Regulatory AUM changed
First Ascent Asset Management, Llc reported RAUM $935.0M, up 140% from $390.4M (2020-06-23 to 2021-02-25)
Form ADVobserved 5 days ago
$545M
Occurred
Nov 13, 2019
Regulatory AUM changed
First Ascent Asset Management, Llc reported RAUM $362.9M, up 139% from $152.1M (2019-10-22 to 2019-11-13)
Form ADVobserved 5 days ago
$211M
Occurred
May 2, 2018
First Form ADV filing
First Ascent Asset Management, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:9c2afcb0-9c7f-789f-853b-5bd66f31deed
First observed: May 2, 2018
Last observed: Apr 24, 2023 41 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

FIRST ASCENT ASSET MANAGEMENT, LLC

CRD 281470

DENVER, CO

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:9c2afcb0-9c7f-789f-853b-5bd66f31deed

Data as of Apr 24, 2023 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 4:27 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

GARCIA, KAREN, LOUISE

CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER

yes

03/2023

May 2, 2018

Apr 24, 2023

GEOWEALTH ENTERPRISES, LLC

Member

yes

03/2018

Apr 24, 2023

GEOWEALTH HOLDINGS, LLC

Member

yes

12/2004

Apr 24, 2023

GEOWEALTH LLC

Owner

yes

03/2023

Apr 24, 2023

I.A. O'SHAUGHNESSY TRUST, FBO GERALD E. O'SHAUGHNESSY

Shareholder

yes

07/2000

Apr 24, 2023

KRULIK, PATRICK, JAMES

CHIEF INVESTMENT OFFICER

yes

03/2023

May 2, 2018

Apr 24, 2023

L.G. O'SHAUGHNESSY TRUST, FBO GERALD E. O'SHAUGHNESSY

Shareholder

yes

07/2000

Apr 24, 2023

MACKILLOP, SCOTT, ANDREW

CHIEF EXECUTIVE OFFICER

yes

03/2023

May 2, 2018

Apr 24, 2023

MONTREAUX, INC

Shareholder

yes

07/2000

Apr 24, 2023

PHOENIX CAPITAL GROUP, INC.

Shareholder

yes

07/2000

Apr 24, 2023

THE GLOBE RESOURCES GROUP INC.

Member

yes

12/2004

Apr 24, 2023

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

GEOWEALTH MANAGEMENT LLC

n/a

Independent wealth

$18B

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2022

Mar 21, 2023

$1.4B

$1.1B

n/a

2021

Mar 17, 2022

$1.4B

$957M

n/a

2020

Feb 25, 2021

$935M

$519M

n/a

2019

Feb 25, 2020

$390M

$246M

n/a

2018

Mar 22, 2019

$152M

$108M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2022

$1.4B

-2.4%

$390M

51.9%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

GEOWEALTH MANAGEMENT LLC

Mar 25, 2024

Jan 5, 2026

DENVER, CO

Firm absorbed

RIA to RIA

75.0%