Ascension Wealth Partners provides portfolio management for individuals and small businesses.
Ascension Wealth Partners reports 40 clients. They include 39 high-net-worth individuals and 1 individual client. Of its assets, 100.0% ($137M across 116 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 3% | <1% |
| High-net-worth individuals | 98% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1 | $623K | 0.5% | $623K |
| High-net-worth individuals | 39 | $136M | 99.5% | $3.49M |
| Total | 40 | $137M | 100% | $3.42M |
- Clients
- 1
- Regulatory AUM
- $623K
- AUM share
- 0.5%
- Avg. per client
- $623K
- Clients
- 39
- Regulatory AUM
- $136M
- AUM share
- 99.5%
- Avg. per client
- $3.49M
Total
- Clients
- 40
- Regulatory AUM
- $137M
- AUM share
- 100%
- Avg. per client
- $3.42M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Ascension Wealth Partners is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Kory Swekla owns 50% to 75% of Ascension Wealth Partners. Kory Swekla is CEO; the leadership team includes Chief Financial Officer Michael Sappington. It has 2 employees.
Leadership
- Kory SweklaManaging Member and Chief Executive Officer
- Michael SappingtonManaging Member, Chief Financial Officer and Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of Ascension Wealth Partners, LLC
Kory Swekla
Control person · since July 2008
- Owns 25% to 50% of Ascension Wealth Partners, LLC
Michael Sappington
Control person · since July 2008
Ascension Wealth Partners’ regulatory assets grew from $103M (March 2021) to $137M (January 2026); clients fell from 44 to 40 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| January 2026 | $137M | 40 | 2 | 1 |
| March 2025 | $128M | 43 | 2 | 1 |
| March 2024 | $117M | 42 | 2 | 1 |
| February 2023 | $106M | 43 | 2 | 1 |
| February 2022 | $121M | 45 | 2 | 1 |
| March 2021 | $103M | 44 | 2 | 1 |
Besides its headquarters, Ascension Wealth Partners has 0 offices, with 1 listed address in California.
California · 1 listed address
- 391 Taylor Boulevard, Suite 125, Pleasant HillHQ
Contact and registration details
- Legal name
- Ascension Wealth Partners, LLC
- Headquarters
- 391 Taylor Boulevard, Suite 125, Pleasant Hill, CA 94523
- Website
- ascensionwp.com
- Phone
- 925-798-7200
- SEC file
- 801-120716
- Structure
- California LLC
- Fiscal year end
- December
Ascension Wealth Partners uses Charles Schwab ($137M) as custodian for its separately managed accounts. Ascension Wealth Partners does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $137M100%
At year end, Ascension Wealth Partners’ separately managed accounts were mostly in funds (81%) and stocks (18%).
What the accounts hold
- Stocks18%
- Funds81%
- Cash1%
How many clients does Ascension Wealth Partners have?
Ascension Wealth Partners has 40 clients and manages $137 million for them, as of January 2026. They include 39 high-net-worth individuals and 1 individual client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 January 2026
What services does Ascension Wealth Partners offer?
Ascension Wealth Partners provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ascension Wealth Partners use?
Ascension Wealth Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $137M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 January 2026
How many financial advisors does Ascension Wealth Partners have?
Ascension Wealth Partners has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Wealth Partners invest in?
At the end of its last fiscal year, Ascension Wealth Partners’ separately managed accounts held 81% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Ascension Wealth Partners?
Ascension Wealth Partners’ direct owners are Michael Sappington (25% to 50%) and Kory Swekla (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 23 January 2026
How does Ascension Wealth Partners get paid?
Ascension Wealth Partners is paid through a percentage of assets under management. 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
How do I contact Ascension Wealth Partners?
Ascension Wealth Partners’ main office is at 391 Taylor Boulevard, Suite 125, Pleasant Hill, CA 94523. Its phone number is 925-798-7200. Its website is ascensionwp.com.