# EDGAR Filing Document

**Accession Number:** 0001609267
**File Stem:** 0001609267-26-000001
**Filing Date:** 2026-2
**Character Count:** 15630
**Document Hash:** 21185ce5cf968a1875ecc6cce0a91022
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001609267-26-000001.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001609267-26-000001

**CONFORMED SUBMISSION TYPE**: MA-A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260202

**DATE AS OF CHANGE**: 20260218

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ASCENSUS INVESTMENT ADVISORS, LLC
- **CENTRAL INDEX KEY:** 0001609267

**ORGANIZATION NAME:**
- **EIN:** 043525107
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** MA-A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 867-00495
- **FILM NUMBER:** 26646196

**BUSINESS ADDRESS:**
- **STREET 1:** 95 WELLS AVENUE, SUITE 160
- **CITY:** NEWTON
- **STATE:** MA
- **ZIP:** 02459
- **BUSINESS PHONE:** 617-454-6400

**MAIL ADDRESS:**
- **STREET 1:** 95 WELLS AVENUE, SUITE 160
- **CITY:** NEWTON
- **STATE:** MA
- **ZIP:** 02459

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ascensus Investment Advisors, LLC
- **DATE OF NAME CHANGE:** 20140527

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM MA: UNIFORM APPLICATION FOR MUNICIPAL ADVISOR REGISTRATION

### Filer and Contact Information

**Filer CIK:** 0001609267

**Filer CCC:** XXXXXXXX

**Contact Name:** Allen DeVincent

**Contact Phone:** 6177804229

**Contact Email:** allen.devincent@ascensus.com

**Notification Emails:** robert.kaplan@ascensus.com, compliance@ascensus.com, cindy.lam-yee@ascensus.com, allen.devincent@ascensus.com

### Type of Filing

**Selected Filing Type:** Annual Update

### Item 1: Identifying Information

**A. Full Legal Name of the Firm:** ASCENSUS INVESTMENT ADVISORS, LLC

**&nbsp;&nbsp;&nbsp;Organization CRD No.:** 120632

**&nbsp;&nbsp;&nbsp;Is applicant a Sole Proprietor?:** No

**&nbsp;&nbsp;&nbsp;Has the municipal legal name changed since the last filing?:** No

**&nbsp;&nbsp;&nbsp;Has the applicant had any previous DBA names?:** No

**&nbsp;&nbsp;&nbsp;Does the applicant have any additional DBA names?:** No

**C. IRS Employer Identification Number:** 04-3525107

**D. Registrations:**

- **Municipal Advisor (Temporary):** SEC File No: 866-00727-00

- **Municipal Advisor:** SEC File No: 867-00495

- **SEC-Registered Investment Adviser:** SEC File No: 801-61492, CRD No: 120632

**E. Principal Office and Place of Business:** 95 WELLS AVENUE, SUITE 160, NEWTON, MA, 02459

**Telephone Number:** 617-631-1570

**Mailing Address is Different from Principal Office:** No

**F. Website:** —

**G. Chief Compliance Officer (CCO):**

**Name:** Robert Barry Kaplan

**Address:** 200 Dryden Road, Dresher, PA, 19025

**Phone Number:** 215-648-1272

**Email:** robert.kaplan@ascensus.com

**H. Business Affiliates:**

- **Name:** Ascensus Broker Dealer Services, LLC

  - **Issuing Agency:** Securities and Exchange Commission

  - **Jurisdiction:** 

- **Name:** Ascensus College Savings Recordkeeping Services, LLC

  - **Issuing Agency:** Securities and Exchange Commission

  - **Jurisdiction:** 

- **Name:** Kroll Securities, LLC

  - **Issuing Agency:** Securities and Exchange Commission

  - **Jurisdiction:** 

- **Name:** Newport Trust Company

  - **Issuing Agency:** New Hampshire

  - **Jurisdiction:** NH

- **Name:** Provident Trust Group, LLC

  - **Issuing Agency:** Nevada

  - **Jurisdiction:** NV

- **Name:** Newport Group Consulting, LLC

  - **Issuing Agency:** Securities and Exchange Commission

  - **Jurisdiction:** 

- **Name:** Ascensus Trust Company

  - **Issuing Agency:** North Dakota

  - **Jurisdiction:** ND

**I. Location of Books and Records:** Yes

### Item 2: Form of Organization

**A. Applicant's form of organization:** Limited Liability Company (LLC)

**B. Month of Applicant's Annual Fiscal Year End:** December

**C. State, Other U.S. Jurisdiction, or Foreign Jurisdiction Under Which Applicant is Organized:** DE

**D. Date of Organization:** 05-07-2002

**E. Is the applicant a public reporting company?:** No

### Item 3: Successions

**Is the applicant succeeding to the business of a registered municipal advisor?** No

### Item 4: Information About Applicant's Business

**A. Number of Employees:** 48

**B. Municipal Advisory Activities - Employees:** 2

**C. Registered Representatives - MAA Employees also registered reps of a broker-dealer:** 2

**&nbsp;&nbsp;&nbsp;MAA Employees also associated with an investment adviser:** 2

**D. Public Relations Company?:** No

**E. Soliciting on Behalf of an Affiliate - Number of firms:** 0

**F. Types of Clients - Number of clients served as municipal advisor:** 27

**&nbsp;&nbsp;&nbsp;Types of Clients:** Municipal Entities

**G. Solicitation of Municipal Entities and Obligated Persons - Municipal Entities:** 0

**&nbsp;&nbsp;&nbsp;Obligated Persons:** 0

**&nbsp;&nbsp;&nbsp;Total Solicited:** 0

**H. Types of Persons Solicited:** 
Not Applicable
, Not Applicable

**I. Compensation Arrangements (Municipal Advisory):** 
Other
, Other

**J. Compensation Arrangements (Solicitation):** 
Not Applicable
, Not Applicable

**K. Does the applicant receive compensation in the context of its municipal advisory business from other than its municipal entity or obligated person clients?:** No

**L. Applicant Business Relating to Municipal Securities:** Advice Insurance Of MS, Other

### Item 5: Other Business Activities

- **Investment Advisor:** Actively Engaged: Yes, Primary Business: Yes

**Is applicant engaged in any other non-municipal advisor business?** Yes

### Item 6: Financial Industry and Other Activities of Associated Persons

**Types of associated persons:** Broker-dealer municipal securities dealer or government securities broker or dealer, Investment Adviser, Trust Company, Pension consultant, Broker-dealer municipal securities dealer or government securities broker or dealer, Trust Company, Investment Adviser, Pension consultant, Trust Company, Investment Adviser, Pension consultant, Trust Company, Investment Adviser, Broker-dealer municipal securities dealer or government securities broker or dealer

**Total Associated Persons:** 6

### Item 7: Participation or Interest in Client Transactions

- **Buy or sell municipal securities from or to municipal advisory clients for the firm's own account?:** No

- **Buy or sell municipal securities from or to third-parties on behalf of clients?:** Yes

- **Enter into derivatives transactions with clients for the firm's own account?:** No

- **Recommend to clients to buy/sell securities in which the firm has a financial interest?:** No

- **Recommend to clients products/services of an affiliated person?:** No

- **Recommend to clients securities of an issuer with which the firm has other relationships?:** No

- **Have discretionary authority to buy/sell municipal securities for clients?:** Yes

- **Have discretionary authority to buy/sell any other securities or investments for clients?:** Yes

- **Have discretionary authority to determine the broker-dealer to be used for client transactions?:** Yes

- **Have discretionary authority to determine the commission paid to a broker-dealer?:** Yes

- **Recommend broker-dealers to clients?:** No

- **&nbsp;&nbsp;&nbsp;If yes, are any of these broker-dealers an associated person of the applicant?:** —

- **Compensate any person for client referrals?:** No

- **Receive compensation from any person for client referrals?:** No

### Item 8: Owners, Officers, and Other Control Persons

**A. (2) Does any person not named in Item 1-A or Schedules A, B, or C, directly or indirectly, control the applicant's management or policies?** No

**B. (1) Is any person in Schedule A, B, or C, or in Section 8-A of Schedule D a public reporting company?** No

### Item 9: Disclosure Information

**Criminal Disclosure:**

- **Applicant/Advisory Affiliate Convicted/Pled Guilty to Felony?:** No

- **Applicant/Advisory Affiliate Charged with Felony?:** No

- **Organization Convicted/Pled Guilty to Felony?:** No

- **Organization Charged with Felony?:** No

**Regulatory Disclosure:**

- **SEC/CFTC Found False Statement?:** No

- **SEC/CFTC Found Violation?:** No

- **SEC/CFTC Found Cause of Denial/Suspension?:** No

- **SEC/CFTC Entered Order?:** No

- **SEC/CFTC Imposed Civil Penalty?:** No

- **SRO Found Unethical Conduct?:** No

- **SRO Found Violation?:** No

- **SRO Found Cause of Denial/Suspension?:** No

- **SRO Barred/Suspended/Fined > $2,500?:** No

- **SRO Denied/Suspended/Revoked Registration?:** No

- **Foreign Authority Found False Statement?:** No

- **Foreign Authority Found Violation?:** No

- **Foreign Authority Found Cause of Suspension?:** No

- **Foreign Authority Disciplined?:** No

- **Authorization to Act as Attorney/Accountant Revoked?:** No

- **Subject of a Regulatory Complaint?:** No

**Civil Disclosure:**

- **Enjoined in Connection with Municipal Advisory Activity?:** No

- **Found to Have Violated Regulations?:** No

- **Civil Proceeding Dismissed Pursuant to Settlement?:** No

- **Named in Civil Proceeding Alleging Violation?:** No

### Item 10: Small Businesses

**Does the applicant have annual receipts of less than $7,000,000?** No

**Is the applicant affiliated with a person that has annual receipts of more than $7,000,000?** No

### Schedule A: Direct Owners and Executive Officers

| Name                     | Title/Status                                     | Date Acquired   | Ownership Code    | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|
| Ascensus, LLC            | Sole Member of Ascensus Investment Advisors, LLC | 01-01-2025      | E - 75% or more   | Yes               | 11-3665754   |  |
| Margaret Brennan Creonte | President                                        | 05-29-2020      | NA - less than 5% | Yes               |  | 5100129      |
| Michael Robert Folmer    | Treasurer and Vice President, Tax and Finance    | 07-15-2015      | NA - less than 5% | Yes               |  | 5655451      |
| Robert Barry Kaplan      | Chief Compliance Officer/Secretary               | 07-20-2018      | NA - less than 5% | Yes               |  | 1286735      |
| Thomas Winthrop Lowe     | Vice President, Investment Management            | 03-27-2019      | NA - less than 5% | Yes               |  | 3089857      |
| Thomas Joseph Hewitt     | Senior Vice President, Relationship Management   | 05-01-2023      | NA - less than 5% | Yes               |  | 4251705      |

### Schedule B: Indirect Owners

| Owning Entity                 | Name                                             | Title/Status                                | Date Acquired   | Ownership Code            | Control Person?   | IRS Number   |
|:---|:---|:---|:---|:---|:---|:---|
| ASCENSUS, LLC                 | ASCENSUS HOLDINGS, INC.                          | 100% SHAREHOLDER OF ASCENSUS, LLC           | 01-01-2025      | E - 75% or more           | Yes               | 82-3719843   |
| ASCENSUS HOLDINGS, INC.       | MERCURY BORROWER, INC.                           | 100% Shareholder                            | 08-02-2021      | E - 75% or more           | Yes               | 47-5167291   |
| MERCURY BORROWER, INC.        | MERCURY INTERMEDIATE II, INC.                    | 100% Shareholder                            | 08-02-2021      | E - 75% or more           | Yes               | 86-3558177   |
| MERCURY INTERMEDIATE II, INC. | MERCURY INTERMEDIATE I, INC.                     | 100% Shareholder                            | 08-02-2021      | E - 75% or more           | Yes               | 86-3558280   |
| MERCURY INTERMEDIATE I, INC.  | MERCURY PARENT HOLDINGS, INC.                    | 100% Shareholder                            | 08-02-2021      | E - 75% or more           | Yes               | 86-3558371   |
| MERCURY PARENT HOLDINGS, INC. | STONE POINT CAPITAL INVESTORS TRIDENT VIII, L.P. | Shareholder                                 | 08-02-2021      | D - 50% but less than 75% | Yes               | 98-1455374   |
| Ascensus Holdings, Inc.       | Ascensus Group Holdings, Inc.                    | 100% shareholder of Ascensus Holdings, Inc. | 01-01-2025      | E - 75% or more           | Yes               | 47-5167291   |

### Schedule C: Amendments to Schedules A and B

| Type   | Ownership   | Owning Entity                 | Name                                             | Title/Status                                     | Date Acquired   | Ownership Code            | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Direct      |  | Ascensus, LLC                                    | Sole Member of Ascensus Investment Advisors, LLC | 01-01-2025      | E - 75% or more           | Yes               | 11-3665754   |  |
|  | Indirect    | ASCENSUS, LLC                 | ASCENSUS HOLDINGS, INC.                          | 100% SHAREHOLDER OF ASCENSUS, LLC                | 01-01-2025      | E - 75% or more           | Yes               | 82-3719843   |  |
|  | Indirect    | ASCENSUS HOLDINGS, INC.       | MERCURY BORROWER, INC.                           | 100% Shareholder                                 | 08-02-2021      | E - 75% or more           | Yes               | 47-5167291   |  |
|  | Indirect    | MERCURY BORROWER, INC.        | MERCURY INTERMEDIATE II, INC.                    | 100% Shareholder                                 | 08-02-2021      | E - 75% or more           | Yes               | 86-3558177   |  |
|  | Indirect    | MERCURY INTERMEDIATE II, INC. | MERCURY INTERMEDIATE I, INC.                     | 100% Shareholder                                 | 08-02-2021      | E - 75% or more           | Yes               | 86-3558280   |  |
|  | Indirect    | MERCURY INTERMEDIATE I, INC.  | MERCURY PARENT HOLDINGS, INC.                    | 100% Shareholder                                 | 08-02-2021      | E - 75% or more           | Yes               | 86-3558371   |  |
|  | Indirect    | MERCURY PARENT HOLDINGS, INC. | STONE POINT CAPITAL INVESTORS TRIDENT VIII, L.P. | Shareholder                                      | 08-02-2021      | D - 50% but less than 75% | Yes               | 98-1455374   |  |
|  | Indirect    | Ascensus Holdings, Inc.       | Ascensus Group Holdings, Inc.                    | 100% shareholder of Ascensus Holdings, Inc.      | 01-01-2025      | E - 75% or more           | Yes               | 47-5167291   |  |
|  | Direct      |  | Margaret Brennan Creonte                         | President                                        | 05-29-2020      | NA - less than 5%         | Yes               |  | 5100129      |
|  | Direct      |  | Michael Robert Folmer                            | Treasurer and Vice President, Tax and Finance    | 07-15-2015      | NA - less than 5%         | Yes               |  | 5655451      |
|  | Direct      |  | Robert Barry Kaplan                              | Chief Compliance Officer/Secretary               | 07-20-2018      | NA - less than 5%         | Yes               |  | 1286735      |
|  | Direct      |  | Thomas Winthrop Lowe                             | Vice President, Investment Management            | 03-27-2019      | NA - less than 5%         | Yes               |  | 3089857      |
|  | Direct      |  | Thomas Joseph Hewitt                             | Senior Vice President, Relationship Management   | 05-01-2023      | NA - less than 5%         | Yes               |  | 4251705      |

### Execution Page

**Signature:** Robert B Kaplan

**Signer Name:** Robert B Kaplan

**Title:** Chief Compliance Officer

**Date:** 02-02-2026