Ascensus Investment Advisors: AUM & Ownership

Clients

Ascensus Investment Advisors serves 27 clients. The average client has about $480 million with the firm.

Regulatory assets by client type

State or municipal government entities27 clients100%

Show client breakdown

Client type	Clients	Regulatory AUM	Share	Avg. per client
State or municipal government entities	27	$12,973,029,698	100.0%	$480.5M
Total	27	$12,973,029,698	100%	$480.5M

State or municipal government entities

Clients: 27
Regulatory AUM: $12,973,029,698
Share: 100.0%
Avg. per client: $480.5M

Total

Clients: 27
Regulatory AUM: $12,973,029,698
Share: 100%
Avg. per client: $480.5M

What it does

Ascensus Investment Advisors provides portfolio management for pooled vehicles and other activities. It is paid through a percentage of assets and other arrangements.

Ascensus Investment Advisors advises no private funds.

0.0% of assets ($0 across 0 accounts) are managed with discretion; $12.97B across 10 accounts are not. 0% of clients are outside the U.S., and 10 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

Other100%
- Municipal fund securities100%

Custodians

Ascensus Investment Advisors’ client accounts are held mainly at BNY Mellon Capital Markets, with 76% of managed assets. Ascensus Investment Advisors has custody of $12.97B for 27 clients.

Managed account assets by custodian

BNY Mellon Capital MarketsBNY Mellon Capital Markets, LLC · New York, NY · $9.88B76%
All other custodians$3.09B24%

Ownership and leadership

Ascensus, LLC owns 75% or more of Ascensus Investment Advisors.

Who owns the firm

Ascensus Investment Advisors, LLC· the adviser

Ascensus, LLC
Control person · since January 2025
Owns 75% or more of Ascensus Investment Advisors, LLC
- Ascensus Holdings, Inc.
  Control person · since January 2025
  Owns 75% or more of Ascensus, LLC
  - Ascensus Group Holdings, Inc.
    Control person · since January 2018
    Owns 75% or more of Ascensus Holdings, Inc.
    - Mercury Intermediate II, Inc.
      Control person · since August 2021
      Owns 75% or more of Ascensus Group Holdings, Inc.
      - Mercury Intermediate I, Inc.
        Control person · since August 2021
        Owns 75% or more of Mercury Intermediate II, Inc.

Leadership

Margaret Creonte
President
Michael Folmer
Treasurer and Vice President, Tax & Finance
Thomas Hewitt
Senior Vice President Relationship Management
Thomas Lowe
Vice President, Investment Management
David MacInnis
Chief Compliance Officer and Secretary

Staff

48 employees
2 in advisory functions
41 state-registered reps
32 broker-dealer reps

Fees

Ascensus Investment Advisors is paid through a percentage of assets under management and other.

Ascensus Investment Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Ascensus Investment Advisors has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Massachusetts · 1 listed address

140 Kendrick Street, Building C Floor 3 Suite C320, NeedhamHQ

Registration details

Legal name: Ascensus Investment Advisors, LLC
Headquarters: 140 Kendrick Street, Building C Floor 3 Suite C320, Needham, MA 02494
Phone: 617-454-6400
Website: Not reported
SEC file: 801-61492
Structure: Delaware LLC
Fiscal year end: December

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 Ascensus Investment Advisors have?

Ascensus Investment Advisors has 27 clients and manages $13 billion for them, as of August 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 August 2026

What services does Ascensus Investment Advisors offer?

Ascensus Investment Advisors provides portfolio management for pooled vehicles and other activities.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Ascensus Investment Advisors use?

Ascensus Investment Advisors’ separately managed account assets are held at BNY Mellon Capital Markets, LLC (New York, NY), with $9,878,077,323. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 August 2026

How many financial advisors does Ascensus Investment Advisors have?

Ascensus Investment Advisors has 41 investment adviser representatives registered with state securities authorities, out of 48 employees, and 2 perform investment advisory functions. 32 are registered representatives of a broker-dealer and 0 are 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 Ascensus Investment Advisors invest in?

At the end of its last fiscal year, Ascensus Investment Advisors’ separately managed accounts held 100% municipal fund securities. It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Ascensus Investment Advisors?

Ascensus Investment Advisors is owned through a chain of holding companies by Stonepoint Capital Investors - Stone Point GP VIII, L.P. Its direct owner is Ascensus, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 17 August 2026

How does Ascensus Investment Advisors get paid?

Ascensus Investment Advisors is paid through a percentage of assets under management 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