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

Ascent Advisors

Independent wealth managerMankato, MinnesotaCRD 335353SEC 801-134543websiteIAPD
Legal name Ascent Advisors LLC
Latest filing Apr 1, 2026
First filing on the tape Nov 17, 2025 · 3 filings
SEC status 120-day approval since Dec 3, 2025
RAUM
$101M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$98.9M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$10.1M
derived; firm RAUM over IAPD count
Employees
9
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$101M as of Apr 1, 2026
Nov 17, 2025$0 then
HNW client RAUM$17.9M as of Apr 1, 2026
Mar 29, 2026$17.9M then
State-registered IARs (5.B.3)8 as of Apr 1, 2026
Nov 17, 20258 then
Employees (5.A)9 as of Apr 1, 2026
Nov 17, 20259 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$10.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
23derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$617,241derivedHNW RAUM over HNW clients
Average account
$161,342derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
5.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Firms absorbed, 24 months
1derivedhalf or more of a firm's advisors moved here within 14 days
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$81.0M80%
  • High-net-worth individuals$17.9M18%
  • Pension and profit-sharing plans$2.1M2.1%
Individual clients
201reported
HNW clients
29reported
Pension plan clients
5reported
Charitable clients
n/areported
Accounts
626reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Thomas Richard KoehnLindstrom, MnDec 10, 202521 y1
Benjamin Robert BernardMankato, MnDec 10, 202518 y3
Jared Michael HoltMankato, Mn Dec 10, 202514 y4
Christopher Jon BlochMankato, MnDec 10, 202511 y3
James Steven LeggottMaple Grove, MnDec 10, 202523 y4
Derrick GirardCertified Financial PlannerMankato, MnDec 19, 202521 y5
Donald Lee ParsonChartered Financial AnalystMaple Grove, MnJan 2, 202618 y1
Peter Celestine OrthCertified Financial PlannerMaple Grove, MnJan 7, 202620 y3
Chad Jerome WeinholdChartered Financial ConsultantMaple Grove, MnApr 1, 202619 y1
Charlotte Marie RasmussenMankato, Mn Aug 21, 202610 y1
Advisor movement
0 left, 10 joined in 12 months
net +10 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Every departureEvery arrival
    Teams: two or more advisors moving together within fourteen days, from one state
      Teams outTeams in
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Derrick Girard · Chief Growth Officercontrol
        since 12/2025 · owns 10% to 25%
      • Michael Jared Holt · Chief Compliance Officercontrol
        since 12/2025 · owns less than 5%
      • Celestine Peter Orth · Partnercontrol
        since 12/2025 · owns 10% to 25%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Mankato, Mn · principal550
      Maple Grove, Mn550
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 0 to 626
        Nov 17, 2025 to Mar 29, 2026
      • HNW clients · unset to 29.0
        Nov 17, 2025 to Mar 29, 2026
      • Individual clients · unset to 201.0
        Nov 17, 2025 to Mar 29, 2026
      • Pension plan clients · unset to 5.0
        Nov 17, 2025 to Mar 29, 2026
      • Financial planning clients · 0 to 26-50
        Nov 17, 2025 to Mar 29, 2026
      • Discretionary RAUM · $0 to $101M
        Nov 17, 2025 to Mar 29, 2026
      • HNW RAUM · unset to 17900000.0
        Nov 17, 2025 to Mar 29, 2026
      • Individual RAUM · unset to 81000000.0
        Nov 17, 2025 to Mar 29, 2026
      • Pension RAUM · unset to 2100000.0
        Nov 17, 2025 to Mar 29, 2026
      • RAUM · $0 to $101M
        Nov 17, 2025 to Mar 29, 2026
      Signals
      2 dated events
      • Corestone Wealth Management LLC's advisors moved to Ascent Advisors (Maple Grove, MN): 5 of 5 registered, on the same day
        Dec 31, 2025 · Firm absorbed (people side) · derived
      • 3 advisors left Osaic Wealth, Inc. (Mankato, MN) for Ascent Advisors on the same day
        Dec 12, 2025 · Team lift-out · derived
      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
      Business phone
      952-444-3100reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      763-559-8200reportedpublished by the firm, firm site, Sep 15, 2026
      Website
      ascentmn.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      952-444-3100reportedpublic record, Form ADV, Apr 1, 2026
      Team page
      ascentmn.com/leadership-teamreportedpublished by the firm, firm site, Sep 15, 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
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $10.1Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026