{"url":"https://nivawealth.com/firms/asco-financial-group-124395","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/124395","regulatoryAum":173160402,"crd":"124395","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4701661","suffix":null,"lastName":"MCHALE","firstName":"JEROME","middleName":"JOSEPH"},{"crd":"468445","suffix":null,"lastName":"WILLIAMSON","firstName":"DONALD","middleName":"PAUL"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-04","regulatoryAum":156676523,"clients":31,"employees":3,"offices":1},{"filedOn":"2022-03-11","regulatoryAum":170363582,"clients":30,"employees":2,"offices":1},{"filedOn":"2023-02-09","regulatoryAum":145713624,"clients":28,"employees":2,"offices":1},{"filedOn":"2024-03-10","regulatoryAum":158485907,"clients":30,"employees":2,"offices":1},{"filedOn":"2025-03-07","regulatoryAum":159253442,"clients":34,"employees":2,"offices":1},{"filedOn":"2026-03-05","regulatoryAum":173160402,"clients":61,"employees":2,"offices":1}],"secFileNumber":"801-61809","legalName":"Asco Financial Group, Inc.","displayName":"Asco Financial Group","slug":"asco-financial-group-124395","website":null,"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"retirement_plan_adviser","typeLabel":"Retirement plans","feeDisclosure":"payment_only"},"founded":null,"organization":"Pennsylvania corporation","fiscalYearEnd":"December","headquarters":{"street":"575 Pierce Street, Suite 301","city":"Kingston","state":"PA","stateName":"Pennsylvania","country":"United States","postalCode":"18704"},"tradeNames":[],"registration":{"secApproved":"12 February 2003","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":2,"advisory":2,"brokerDealerReps":2,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":173160402,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":173160402,"nonDiscretionaryAccounts":63,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":2473280},{"label":"State or municipal government entities","clients":61,"regulatoryAum":170687122}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Nationwide Trust Company","shortName":"Nationwide Trust","location":"Columbus, OH","smaAssets":31466450},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":69461103},{"name":"John Hancock Distributors LLC","shortName":"John Hancock Distributors","location":"Boston, MA","smaAssets":32114944},{"name":"SEI Investments Distribution Co.","shortName":"SEI Investments Distribution","location":"Oaks, PA","smaAssets":35318223}],"custodyNote":"Asco Financial Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jerome McHale","title":"President, Chief Compliance Officer, Treasurer","crd":"4701661"},{"name":"Maria Williamson","title":"Corporate Secretary","crd":"4628224"}],"ownership":[{"label":"Maria Williamson","detail":"Corporate secretary in the 25% to 50% ownership band and a control person, since October 2022."},{"label":"Jerome McHale","detail":"President, chief compliance officer, treasurer in the 50% to 75% ownership band, since October 2022."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Pennsylvania","offices":1,"addresses":[{"street":"575 Pierce Street, Suite 301","city":"Kingston","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"570-714-0720","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":15},{"label":"Securities issued by registered investment companies or business development companies","percent":79},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"5 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/124395/PDF/124395.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Asco Financial Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Asco Financial Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Asco Financial Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Asco Financial Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Asco Financial Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Asco Financial Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Asco Financial Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Asco Financial Group?","answer":"Asco Financial Group’s main office is at 575 Pierce Street, Suite 301, Kingston, PA 18704. Its phone number is 570-714-0720.","source":"Form ADV Part 1A, Item 1.F, filed 5 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"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 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."}