DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Asco Financial Group, Inc.
Latest filing Mar 5, 2026
First filing on the tape Mar 28, 2012 · 18 filings
SEC status approved since Feb 12, 2003
RAUM
$173M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$86.6M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$173M as of Mar 5, 2026
Mar 28, 2012$130M then
HNW client RAUM: no history
State-registered IARs (5.B.3)2 as of Mar 5, 2026
Mar 28, 20120 then
Employees (5.A)2 as of Mar 5, 2026
Mar 27, 20133 then
Private funds: no history
RAUM +8.7% over the last fiscal year+5.9% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 5, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- RAUM per advisor
- $86.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $2.7MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- pension consulting, selection of other advisersreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- State and municipal entities$171M99%
- Pension and profit-sharing plans$2.5M1.4%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 63reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Donald Paul Williamson | Kingston, Pa | Jun 19, 2009 | 36 y | 2 |
| Jerome Joseph Mchale | Kingston, Pa | Apr 16, 2013 | 29 y | 1 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Donald Paul Williamson from Integrated Capital Management, Inc.Jun 19, 2009 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- A Maria Williamson · Corporate Secretarycontrolsince 10/2022 · owns 25% to 50%
- Joseph Jerome Mchale · President, Chief Compliance Officer, Treasurersince 10/2022 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Kingston, Pa · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Mar 5, 2026discretionary share of RAUM of 0% against a peer median of 100% (108 comparable advisers, 0.0th percentile, 33.7 robust deviations)peers: institutional managers, $100M to $500M (108) · 0.0% percentile
What changed
consecutive filings, newest first
- Accounts · 55 to 63Mar 7, 2025 to Mar 5, 2026
- Non-discretionary RAUM · $159M to $173MMar 7, 2025 to Mar 5, 2026
- Pension RAUM · $3.0M to $2.5MMar 7, 2025 to Mar 5, 2026
- RAUM · $159M to $173MMar 7, 2025 to Mar 5, 2026
- Accounts · 59 to 55Mar 10, 2024 to Mar 7, 2025
- Financial planning clients · unset to Mar 10, 2024 to Mar 7, 2025
- Non-discretionary RAUM · $158M to $159MMar 10, 2024 to Mar 7, 2025
- Pension RAUM · $12.3M to $3.0MMar 10, 2024 to Mar 7, 2025
- RAUM · $158M to $159MMar 10, 2024 to Mar 7, 2025
- Accounts · 58 to 59Feb 9, 2023 to Mar 10, 2024
- Non-discretionary RAUM · $146M to $158MFeb 9, 2023 to Mar 10, 2024
- Pension RAUM · $11.1M to $12.3MFeb 9, 2023 to Mar 10, 2024
- RAUM · $146M to $158MFeb 9, 2023 to Mar 10, 2024
- Accounts · 59 to 58Oct 11, 2022 to Feb 9, 2023
- Pension plan clients · 7.0 to unsetOct 11, 2022 to Feb 9, 2023
- Non-discretionary RAUM · $170M to $146MOct 11, 2022 to Feb 9, 2023
- Pension RAUM · $14.8M to $11.1MOct 11, 2022 to Feb 9, 2023
- RAUM · $170M to $146MOct 11, 2022 to Feb 9, 2023
- Related broker-dealer · false to trueOct 11, 2022 to Feb 9, 2023
- Accounts · 63 to 59Nov 19, 2021 to Mar 11, 2022
- Employees · 3 to 2Nov 19, 2021 to Mar 11, 2022
- Insurance-licensed employees · 2 to 0Nov 19, 2021 to Mar 11, 2022
- Non-discretionary RAUM · $157M to $170MNov 19, 2021 to Mar 11, 2022
- Pension RAUM · $13.7M to $14.8MNov 19, 2021 to Mar 11, 2022
- RAUM · $157M to $170MNov 19, 2021 to Mar 11, 2022
- Accounts · 68 to 63Mar 17, 2020 to Mar 4, 2021
- Employees · 2 to 3Mar 17, 2020 to Mar 4, 2021
- Non-discretionary RAUM · $150M to $157MMar 17, 2020 to Mar 4, 2021
- Pension RAUM · $23.9M to $13.7MMar 17, 2020 to Mar 4, 2021
- RAUM · $150M to $157MMar 17, 2020 to Mar 4, 2021
- Related broker-dealer · true to falseMar 17, 2020 to Mar 4, 2021
- Accounts · 69 to 68Feb 21, 2019 to Mar 17, 2020
- Insurance-licensed employees · 0 to 2Feb 21, 2019 to Mar 17, 2020
- Financial planning clients · 0 to unsetFeb 21, 2019 to Mar 17, 2020
- Non-discretionary RAUM · $139M to $150MFeb 21, 2019 to Mar 17, 2020
- Pension RAUM · $17.5M to $23.9MFeb 21, 2019 to Mar 17, 2020
- RAUM · $139M to $150MFeb 21, 2019 to Mar 17, 2020
- Related adviser · false to trueFeb 21, 2019 to Mar 17, 2020
- Related broker-dealer · false to trueFeb 21, 2019 to Mar 17, 2020
- Accounts · 71 to 69Feb 1, 2018 to Feb 21, 2019
Signals
1 dated events
- Paul Donald Williamson (President) no longer on Schedule A of Asco Financial Group, Inc. (listed 2022-03-11, absent 2022-10-11)Oct 11, 2022 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Website
- ASCOFINANCIAL.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 570-714-0720reportedpublic record, Form ADV, Mar 5, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $86.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026