Ascension Financial

Ascension Financial is a fee-only investment adviser that provides customized portfolio engineering, construction, and ongoing management of exchange-traded securities for individuals, high‑net‑worth clients, retirement plans, trusts, estates, charitable organizations, and corporate entities. The firm manages client accounts on a discretionary basis and works with clients to align portfolios with their medium‑ to long‑term objectives, tax and estate considerations, and risk tolerance.

The firm’s investment approach blends quantitative optimization, fundamental and technical analysis, and the use of institutional mutual funds, ETFs, and individual securities to tailor portfolios; Ascension actively monitors portfolios and recommends realignment or repositioning as market or client circumstances change. Ascension also implements options and other derivative strategies (including covered calls, spreads, long calls/puts, and cash‑secured puts) and, as described in Item 8, may employ margin borrowing when using leverage—practices it uses within managed accounts to implement positioning and hedging.

Noteworthy for a team firm, Ascension discloses explicit use of derivatives and borrowing in client-managed accounts—features that are uncommon among peers and that increase both potential return and risk exposure. The brochure also discloses a history of regulatory examinations and consent orders from the Colorado Division of Securities in 2018 and 2022 and states the firm undertook remediation and adopted revised policies and procedures by 2023.