Asco Financial Group provides pension consulting and selecting other managers.
Asco Financial Group reports 61 clients. They include 61 state or municipal government entities. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $173M across 63 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Pension and profit-sharing plans | Fewer than 5 | 1% |
| State or municipal government entities | 100% | 99% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pension and profit-sharing plans | Fewer than 5 | $2.47M | 1.4% | — |
| State or municipal government entities | 61 | $171M | 98.6% | $2.8M |
| Total | 61 | $173M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $2.47M
- AUM share
- 1.4%
- Avg. per client
- —
- Clients
- 61
- Regulatory AUM
- $171M
- AUM share
- 98.6%
- Avg. per client
- $2.8M
Total
- Clients
- 61
- Regulatory AUM
- $173M
- 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
Asco Financial Group is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Jerome McHale owns 50% to 75% of Asco Financial Group. The leadership team of Asco Financial Group includes President Jerome McHale. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 broker-dealer reps
- 1 insurance agent
- Owns 50% to 75% of Asco Financial Group, Inc.
Jerome McHale
since October 2022
- Owns 25% to 50% of Asco Financial Group, Inc.
Maria Williamson
Control person · since October 2022
Asco Financial Group’s regulatory assets grew from $157M (March 2021) to $173M (March 2026); clients rose from 31 to 61 and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $173M | 61 | 2 | 1 |
| Mar 2025March 2025 | $159M | 34 | 2 | 1 |
| Mar 2024March 2024 | $158M | 30 | 2 | 1 |
| Feb 2023February 2023 | $146M | 28 | 2 | 1 |
| Mar 2022March 2022 | $170M | 30 | 2 | 1 |
| Mar 2021March 2021 | $157M | 31 | 3 | 1 |
Besides its headquarters, Asco Financial Group has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 575 Pierce Street, Suite 301, KingstonHQ
Contact and registration details
- Legal name
- Asco Financial Group, Inc.
- Headquarters
- 575 Pierce Street, Suite 301, Kingston, PA 18704
- Website
- Not reported
- Phone
- 570-714-0720
- SEC file
- 801-61809
- Structure
- Pennsylvania corporation
- Fiscal year end
- December
Asco Financial Group’s named custodians for separately managed accounts include Charles Schwab ($69.5M, 41%), SEI Investments Distribution ($35.3M, 21%) and John Hancock Distributors ($32.1M, 19%). Asco Financial Group does not have custody of client assets.
- Nationwide TrustNationwide Trust Company · Columbus, OH · $31.5M19%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $69.5M41%
- John Hancock DistributorsJohn Hancock Distributors LLC · Boston, MA · $32.1M19%
- SEI Investments DistributionSEI Investments Distribution Co. · Oaks, PA · $35.3M21%
At year end, Asco Financial Group’s separately managed accounts were mostly in funds (79%) and stocks (15%).
What the accounts hold
- Stocks15%
- Funds79%
- Cash6%
How many clients does Asco Financial Group have?
Asco Financial Group has 61 clients and manages $173 million for them, as of March 2026. They include 61 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 March 2026
What services does Asco Financial Group offer?
Asco Financial Group provides 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 Asco Financial Group use?
Asco Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $69.5M, SEI Investments Distribution Co. (Oaks, PA), with $35.3M, John Hancock Distributors LLC (Boston, MA), with $32.1M and Nationwide Trust Company (Columbus, OH), with $31.5M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 March 2026
How many financial advisors does Asco Financial Group have?
Asco Financial Group has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Asco Financial Group invest in?
At the end of its last fiscal year, Asco Financial Group’s separately managed accounts held 79% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities and 6% 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 Asco Financial Group?
Asco Financial Group’s direct owners are Maria Williamson (25% to 50%) and Jerome McHale (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 5 March 2026
How does Asco Financial Group get paid?
Asco Financial Group 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 Asco Financial Group?
Asco Financial Group’s main office is at 575 Pierce Street, Suite 301, Kingston, PA 18704. Its phone number is 570-714-0720.