Ascension Wealth Partners is a registered investment advisory firm based in Pleasant Hill, California, founded in 2008. The firm provides discretionary investment management services to individuals, high-net-worth individuals, trusts, estates, pension and profit-sharing plans, and various business entities. Ascension follows a systematic investment strategy, primarily utilizing registered mutual funds and exchange-traded funds, tailored to each client's specific investment objectives and risk tolerance as outlined in a personalized Investment Policy Statement. The firm emphasizes broad global diversification and monitors accounts using tolerance bands to maintain appropriate asset allocation. Control of the firm is held by principal owners Kory K. Swekla and Michael R. Sappington.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.28% |
| $1.0M - $2.0M | 0.25% |
| $2.0M - $5.0M | 0.21% |
| $5.0M - $10.0M | 0.16% |
| $10M+ | 0.13% |
Fees are negotiable at the sole discretion of Ascension Wealth Partners. Fees may be discounted for non-household relatives or set to zero for family members and long-term friends.