Final Ascent Wealth Advisors, LLC

Final Ascent Wealth Advisors, LLC provides discretionary portfolio management and financial planning services primarily to individual and high-net-worth clients. The firm reports managing about $65.1 million for 21 clients with two advisors, and it prepares an Investment Policy Statement for each client to guide ongoing monitoring and portfolio decisions.

The firm’s investment process combines cyclical, fundamental and quantitative analysis and emphasizes long-term trading and asset-allocation implemented mainly through mutual funds and ETFs, including precious-metal ETFs when applicable. FAWA generally operates under discretionary authority and documents client objectives and risk tolerance in its Investment Policy Statements to guide security selection and trade execution.

Noteworthy features include a relatively small, concentrated client base relative to assets under management, which implies larger average account relationships and a tendency to deliver one-time, fixed-fee financial plans with no continuing reporting unless the client requests additional services. FAWA requires custody at Schwab Institutional (noting access to research and other services that may constitute soft-dollar benefits) and discloses ownership ties to business exit and M&A advisory entities that the firm states are kept separate from its investment advisory operations.