{"url":"https://nivawealth.com/firms/ascensus-investment-advisors-120632","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/120632","regulatoryAum":12973029698,"crd":"120632","secFileNumber":"801-61492","legalName":"Ascensus Investment Advisors, LLC","displayName":"Ascensus Investment Advisors","website":null,"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"140 Kendrick Street, Building C Floor 3 Suite C320","city":"Needham","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02494"},"tradeNames":[],"registration":{"secApproved":"27 September 2002","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":48,"advisory":2,"brokerDealerReps":32,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":12973029698,"nonDiscretionaryAccounts":10,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":10},"clientTypes":[{"label":"State or municipal government entities","clients":27,"regulatoryAum":12973029698}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"BNY Mellon Capital Markets, LLC","shortName":"BNY Mellon Capital Markets","location":"New York, NY","smaAssets":9878077323}],"custodyNote":"Ascensus Investment Advisors has custody of $12.97B for 27 clients.","otherCustodians":[],"leadership":[{"name":"Margaret Creonte","title":"President","crd":"5100129"},{"name":"Michael Folmer","title":"Treasurer and Vice President, Tax & Finance","crd":"5655451"},{"name":"Thomas Hewitt","title":"Senior Vice President Relationship Management","crd":"4251705"},{"name":"Thomas Lowe","title":"Vice President, Investment Management","crd":"3089857"},{"name":"David MacInnis","title":"Chief Compliance Officer and Secretary","crd":"3184368"}],"ownership":[{"label":"Ascensus, LLC","detail":"100% shareholder of ascensus investment advisors, llc in the 75% or more ownership band and a control person, since January 2025."},{"label":"Ascensus Holdings, Inc.","detail":"Indirect owner: a 100% owner of ascensus, llc of Ascensus, LLC in the 75% or more band and a control person, since January 2025.","parent":"Ascensus, LLC"},{"label":"Mercury Intermediate II, Inc.","detail":"Indirect owner: a 100% owner of ascensus group holdings, inc. of Ascensus Group Holdings, Inc. in the 75% or more band and a control person, since August 2021.","parent":"Ascensus Group Holdings, Inc."},{"label":"Mercury Intermediate I, Inc.","detail":"Indirect owner: a 100% owner of mercury intermediate ii, inc. of Mercury Intermediate II, Inc. in the 75% or more band and a control person, since August 2021.","parent":"Mercury Intermediate II, Inc."},{"label":"Mercury Parent Holdings, Inc.","detail":"Indirect owner: a 100% owner of mercury intermediate i, inc. of Mercury Intermediate I, Inc. in the 75% or more band and a control person, since August 2021.","parent":"Mercury Intermediate I, Inc."},{"label":"Stonepoint Capital Investors - Stone Point GP VIII, L.P.","detail":"Indirect owner: a 56.7% owner of mercury parent holdings, inc. of Mercury Parent Holdings, Inc. in the 50% to 75% band and a control person, since August 2021.","parent":"Mercury Parent Holdings, Inc."},{"label":"Ascensus Group Holdings, Inc.","detail":"Indirect owner: a 100% owner of ascensus holdings, inc. of Ascensus Holdings, Inc. in the 75% or more band and a control person, since January 2018.","parent":"Ascensus Holdings, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"140 Kendrick Street, Building C Floor 3 Suite C320","city":"Needham","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"617-454-6400","stateRegisteredReps":41,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Other","percent":100,"detail":"Municipal Fund Securities"}],"privateFunds":0},"sources":{"adv1FilingDate":"17 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/120632/PDF/120632.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Ascensus Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Ascensus Investment Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Ascensus Investment Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Ascensus Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Ascensus Investment Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Ascensus Investment Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Ascensus Investment Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}