A Fully Integrated Approach
Ascent Private Capital Management advisors address both the strategic and tactical dimensions of multigenerational wealth with a fully integrated and balanced program designed to help benefit your family now and for generations to come.
Managing investments can be a full-time job, taking you away from the enjoyment of what you have accomplished and tying you up in confusing statements and sometimes contradictory information.
Ascent Private Capital Management relieves that stress. We provide Investment Management, Investment Consulting and Investment Monitoring for a wide range of clients with complicated investment scenarios.
Using a distinctive purpose-driven approach to investments, Ascent advisors strive to help you identify your various intentions for your wealth. Ascent offers traditional fiduciary investment management services including the creation of customized portfolios that help you realize your tactical objectives and strategic goals. Ascent also offers comprehensive, non-fiduciary investment monitoring and aggregated portfolio reporting that allows you to have complete oversight of all assets/managers in a single package with the unbiased support you need to evaluate and analyze risk, return, tax efficiency and portfolio objectives.
Fiduciary Investment Management
Our professionals are intensely focused and deeply experienced in the investment disciplines. They can access investment opportunities among all asset classes and geographic categories as well as private capital; social/impact investing, with a goal of using your money to effect real and lasting change across a variety of real-world challenges; and future-focused thematic investing that is responsive to global macro-trends over time and beyond the markets.
Specialized Fiduciary Services
Fiduciaries must put their clients’ interests above their own. At Ascent Private Capital Management we take that duty seriously. It is the engine that drives every decision we make and every action we take.
Every trust is a relationship, and every Ascent fiduciary relationship has a specific trust officer assigned to it. Their function is to make sure we administer your accounts in accordance with the terms of your governing documents and all applicable regulations. Beyond the rules, we also build a relationship with your beneficiaries, understand their needs, and help it all fit with your intent. This valuable oversight function gives you the peace of mind you deserve whether we are providing investment services, trust services or both.
Whatever role we have — as sole trustee, co-trustee, successor trustee, investment agent, or as agent for a trustee — we have the same fiduciary responsibility to administer your trust or investment management account in a relationship of candor, good faith and confidence. Our responsibilities include duties of undivided loyalty, disclosure, discretion, care, impartiality, and confidentiality.
U.S. Bank provides trust administration services in multiple states throughout U.S. Bank's footprint including South Dakota and Delaware, and for certain trusts we can establish nexus and conduct administration from either state. This allows some clients to take advantage of both states' jurisdictions, trust laws and tax environments.
South Dakota and Delaware Situs Benefits
- Tax favored (No state income or capital gains taxes collected)
- Contemporary modification and decanting statutes
- Favorable insurance laws for insurance trusts
- Dynasty Trust of unlimited duration* *Delaware imposes a 110-year limit on real estate in a Dynasty Trust
- Asset protection
- Directed Trust flexibility to add Trust Protector, Investment and Distribution Committees or Advisors education and orientation for each specific trust we administer
Situs issues are complex, and fiduciary responsibilities can be complicated. Ascent Private Capital Management Advisors are conversant with these issues and are ready to discuss them with you.
Investment products and services are:
Equal Housing Lender. Credit products are offered by U.S. Bank National Association and subject to normal credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC.
U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.
Wealth Sustainability services are not fiduciary in nature, and Ascent serves in a non-fiduciary role when providing these services. Wealth Sustainability services may include strategic wealth coaching services in order to facilitate your self-assessment of wealth sustainability issues. Ascent does not engage in the practice of psychology.