Ascensus Investment Advisors, LLC is a large advisory firm based in Newton. It manages $69.45 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arkansas, District of Columbia, Hawaii, and 11 other states.
Ascensus Investment Advisors provides port. mgmt including review of allocations & selection of underlying funds for qual. tuition prog. (529 plans) & 529a able prog. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ascensus Investment Advisors, LLC is $69.45 billion. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Ascensus Investment Advisors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Jeffrey Paul Howkins is state or municipal government entities with 22 clients and $69.45 billion of assets under management. Among the 9 most similar advisory firms, Ascensus Investment Advisors has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $69.45 billion for 22 clients. None of the firm’s clients are foreign persons or businesses.
Ascensus Investment Advisors doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jeffrey Paul Howkins has been acting as President since 1 Apr 2010. Jay Candelmo joined the executive team most recently as the Senior Vice President, Relationship Management.
The principal office where Ascensus Investment Advisors, LLC performs its advisory services is located at 95 Wells Avenue, Newton, MA 02459, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-454-6400 or by fax 617-559-8943. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ascensuscollegesavings.com.