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The Ascent Group
The Ascent Group is an SEC-registered investment adviser in Virginia Beach, VA, registered since 2021. The firm manages $4.8 billion in regulatory assets, $4.8...
Overview
The Ascent Group is an SEC-registered investment adviser in Virginia Beach, VA, registered since 2021. The firm manages $4.8 billion in regulatory assets, $4.8 billion on a discretionary basis. It has 44 employees and 19 investment advisers.
General information
Firm type
Private Equity
Year founded
2021
AUM
Several billion USD (per firm website)
Location
Region
North America
Country
United States
City
Virginia Beach
Corporate office
192 Ballard Ct, Suite 400, Virginia Beach, Virginia 23462
Additional offices
Wayne, PA
Sector focus
Frequently asked questions
How does The Ascent Group source and manage assets?
The firm operates a proprietary turnkey asset management platform (TAMP) that partners with external asset managers and strategists to build customized multi-asset sleeves. Assets arrive primarily through the parent company Alera Group's network of benefits, property-and-casualty, and wealth consultants, who introduce the TAMP to retirement-plan sponsors and private clients.
How is The Ascent Group related to Alera Group and Osaic Wealth?
The Ascent Group is a subsidiary of Alera Group, a national insurance and benefits brokerage. It acts as the dedicated wealth-management and TAMP vehicle for Alera Wealth Services. Investment advisory services are delivered through Alera Investment Advisors, LLC, and securities transactions are executed through Osaic Wealth, an unaffiliated broker-dealer, per the firm's regulatory disclosures.
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