Clients
Ascension Investment Management serves 8 clients, 7 of them charitable organizations. The average client has about $5.30 billion with the firm.
- Pooled investment vehicles1 clients36%
- Pension and profit-sharing plans18%
- Charitable organizations7 clients46%
- Corporations and other businesses0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 1 | $15,196,477,841 | 35.8% | $15.20B |
| Pension and profit-sharing plans | Not reported | $7,471,715,659 | 17.6% | — |
| Charitable organizations | 7 | $19,684,014,067 | 46.4% | $2.81B |
| Corporations and other businesses | Not reported | $56,083,319 | 0.1% | — |
| Total | 8 | $42,408,290,886 | 100% | $5.30B |
- Clients
- 1
- Regulatory AUM
- $15,196,477,841
- Share
- 35.8%
- Avg. per client
- $15.20B
- Clients
- Not reported
- Regulatory AUM
- $7,471,715,659
- Share
- 17.6%
- Avg. per client
- —
- Clients
- 7
- Regulatory AUM
- $19,684,014,067
- Share
- 46.4%
- Avg. per client
- $2.81B
- Clients
- Not reported
- Regulatory AUM
- $56,083,319
- Share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 8
- Regulatory AUM
- $42,408,290,886
- Share
- 100%
- Avg. per client
- $5.30B
What it does
Ascension Investment Management provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting and selecting other managers. It is paid through a percentage of assets, fixed fees and other arrangements.
Ascension Investment Management provided financial planning to 0 clients last fiscal year and advises 2 private funds.
55.7% of assets ($23.61B across 9 accounts) are managed with discretion; $18.80B across 3 accounts are not. 20% of clients are outside the U.S., and 1 clients received advice without assets under management last fiscal year.
What the accounts hold
The filed percentages total 101%. The values below are shown as filed.
- Exchange-traded equity securities
- 11%
- U.S. government/agency bonds
- 7%
- Investment grade corporate bonds
- 3%
- Non-investment grade corporate bonds
- 1%
- Derivatives
- 1%
- Securities issued by registered investment companies or business development companies
- 65%
- Securities issued by pooled investment vehicles (other than registered investment companies)
- 12%
- Cash and cash equivalents
- 1%
Custodians
Ascension Investment Management’s client accounts are held mainly at The Northern Trust, with 56% of managed assets, and State Street Bank and Trust, with 44%. Ascension Investment Management has custody of $15.19B for 1 clients.
- The Northern TrustThe Northern Trust Company · Chicago, IL · $23.61B56%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $18.76B44%
- All other custodians$39.1M0%
Ownership and leadership
Ascension Capital, LLC owns 75% or more of Ascension Investment Management.
- Owns 75% or more of Ascension Investment Management, LLC
Ascension Capital, LLC
Control person · since July 2019
- Owns 75% or more of Ascension Capital, LLC
Ascension Health Alliance
Control person · since July 2019
Leadership
- Todd TurallGeneral Counsel, Chief Operating Officer
- Amanda WhiteChief Compliance Officer, Associate General Counsel
- Eduardo ConradoDirector
- David EricksonChief Investment Officer
- Christine McCoyDirector
- Saurabh TripathiDirector
Staff
- 27 employees
- 12 in advisory functions
Fees
Ascension Investment Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and other.
Ascension Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Ascension Investment Management has 0 offices, with 1 listed address in 1 state.
Missouri · 1 listed address
- 4600 Edmundson Road, ST. LouisHQ
Other business names
Ascension Investment Management has reported 1 other business name to the SEC.
- Ascension Investment Management
Registration details
- Legal name
- Ascension Investment Management, LLC
- Headquarters
- 4600 Edmundson Road, ST. Louis, MO 63134
- Phone
- 314-733-7799
- SEC file
- 801-73295
- Structure
- Missouri LLC
- Fiscal year end
- June
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Ascension Investment Management have?
Ascension Investment Management has 8 clients and manages $42.4 billion for them, as of September 2026. They include 7 charitable organizations and 1 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026
What services does Ascension Investment Management offer?
Ascension Investment Management provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ascension Investment Management use?
Ascension Investment Management’s separately managed account assets are held at The Northern Trust Company (Chicago, IL), with $23,605,951,212 and State Street Bank and Trust Company (Boston, MA), with $18,763,190,845. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 September 2026
How many financial advisors does Ascension Investment Management have?
Ascension Investment Management has 0 investment adviser representatives registered with state securities authorities, out of 27 employees, and 12 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Ascension Investment Management invest in?
At the end of its last fiscal year, Ascension Investment Management’s separately managed accounts held 65% registered funds (mutual funds, ETFs, BDCs), 12% pooled vehicles (private funds and similar), 11% exchange-traded equities, 7% U.S. government and agency bonds, 3% investment grade corporate bonds, 1% high-yield corporate bonds, 1% derivatives and 1% cash and equivalents. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Ascension Investment Management?
Ascension Investment Management is owned through a holding company by Ascension Health Alliance. Its direct owner is Ascension Capital, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 September 2026
How does Ascension Investment Management get paid?
Ascension Investment Management is paid through a percentage of assets under management, fixed fees and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file