Ascent Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 26–50 clients last fiscal year.
Ascent Advisors reports 171 clients. They include 150 individual clients, 17 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 100.0% ($111M across 725 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 88% | 69% |
| High-net-worth individuals | 10% | 30% |
| Pension and profit-sharing plans | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 150 | $76.1M | 68.7% | $507K |
| High-net-worth individuals | 17 | $33.7M | 30.4% | $1.98M |
| Pension and profit-sharing plans | Fewer than 5 | $1.02M | 0.9% | $254K |
| Total | 171 | $111M | 100% | — |
- Clients
- 150
- Regulatory AUM
- $76.1M
- AUM share
- 68.7%
- Avg. per client
- $507K
- Clients
- 17
- Regulatory AUM
- $33.7M
- AUM share
- 30.4%
- Avg. per client
- $1.98M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.02M
- AUM share
- 0.9%
- Avg. per client
- $254K
Total
- Clients
- 171
- Regulatory AUM
- $111M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Ascent Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- DST consulting
- One-time flat fee for DST consulting: $5,000 to $30,000 by investment size, and $40,000 or more at $2,000,000 and above.
- Financial planning
- Negotiated fixed fee of $1,500 to $100,000 for a financial plan, or an hourly fee of $350 to $2,000.
- Pension consulting
- Annual asset-based fee on plan assets: 1.00% up to $1,000,000, 0.75% up to $3,000,000, 0.50% up to $5,000,000 and 0.25% above; generally negotiable.
Ascent Holdings, LLC owns 75% or more of Ascent Advisors and is in turn owned by Jared Holt (25–50%) and Jeh Holdings, LLC (25–50%). The leadership team of Ascent Advisors includes Chief Compliance Officer Jared Holt. It has 9 employees, 8 of them in advisory roles.
Staff
- 9 employees
- 8 in advisory functions
- 8 state-registered reps
- 8 insurance agents
- Owns 75% or more of Ascent Advisors LLC
Ascent Holdings, LLC
Control person · since December 2025
- Owns 25% to 50% of Ascent Holdings, LLC
Jared Holt
Control person · since December 2025
- Owns 25% to 50% of Ascent Holdings, LLC
Jeh Holdings, LLC
Control person · since December 2025
- Owns 10% to 25% of Ascent Advisors LLC
Peter Orth
Control person · since December 2025
- Owns 10% to 25% of Ascent Advisors LLC
Derrick Girard
Control person · since December 2025
Besides its headquarters, Ascent Advisors has 1 office, with 2 listed addresses in 1 state.
Minnesota · 2 listed addresses
- 1600 Madison Avenue, Suite 103, MankatoHQ
- 7094 E Fish Lake RD., Maple Grove,
Contact and registration details
- Legal name
- Ascent Advisors LLC
- Headquarters
- 1600 Madison Avenue, Suite 103, Mankato, MN 56001
- Website
- ascentmn.com
- Phone
- 952-444-3100
- SEC file
- 801-134543
- Structure
- Minnesota LLC
- Fiscal year end
- December
Ascent Advisors’ named custodian for separately managed accounts is Charles Schwab ($111M). Ascent Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $111M100%
At year end, Ascent Advisors’ separately managed accounts were mostly in funds (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $86.7M across 54 positions; the largest are EA Series Trust (10.0%), iShares TR (9.6%) and Invesco Exch Traded FD TR II (7.8%).
What the accounts hold
- Stocks4%
- Funds95%
- Registered funds90%
- Pooled vehicles5%
- Cash2%
How many clients does Ascent Advisors have?
Ascent Advisors has 171 clients and manages $111 million for them, as of September 2026. They include 150 individual clients, 17 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 September 2026
What services does Ascent Advisors offer?
Ascent Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ascent Advisors use?
Ascent Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $111M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 September 2026
How many financial advisors does Ascent Advisors have?
Ascent Advisors has 8 investment adviser representatives registered with state securities authorities, out of 9 employees, and 8 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 employees 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 Ascent Advisors invest in?
At the end of its last fiscal year, Ascent Advisors’ separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 5% pooled vehicles (private funds and similar), 4% exchange-traded equities and 2% 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 Ascent Advisors?
Ascent Advisors is owned through a holding company by Jared Holt and Jeh Holdings, LLC. Its direct owners are Ascent Holdings, LLC (75% or more), Peter Orth (10% to 25%) and Derrick Girard (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 24 September 2026
How does Ascent Advisors get paid?
Ascent Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. 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 Ascent Advisors?
Ascent Advisors’ main office is at 1600 Madison Avenue, Suite 103, Mankato, MN 56001. Its phone number is 952-444-3100. Its website is ascentmn.com.
