First Ascent Asset Management

Denver, United States Founded: 2015 • Age: 11 yrs Acquired By GeoWealth
Diversified investment management services are provided by the firm.
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About First Ascent Asset Management

First Ascent Asset Management is a company based in Denver (United States) founded in 2015 was acquired by GeoWealth in March 2023.. First Ascent Asset Management offers products and services including Advisor Technology Platform, Portfolio Solutions, and Services and Support. First Ascent Asset Management operates in a competitive market with competitors including Fidelity Investments, Investec, Morgan Stanley, FNZ and Northwestern Mutual, among others.

  • Headquarter Denver, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Investment Management & Advisory
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    GeoWealth

    (Mar 23, 2023)

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Products & Services of First Ascent Asset Management

First Ascent Asset Management offers a comprehensive portfolio of products and services, including Advisor Technology Platform, Portfolio Solutions, and Services and Support. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Integrated system for RIAs to manage investments and client data

Access to models and marketplace for portfolio handling

Outsourced reporting and trading for efficient operations

People of First Ascent Asset Management
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Walter Gengarelly
Director Of Technology

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Teams

Funding Insights of First Ascent Asset Management

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in First Ascent Asset Management

First Ascent Asset Management has secured backing from 1 investor. Prominent investors backing the company include GeoWealth. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Integrated wealth management solutions are offered for advisors and institutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by First Ascent Asset Management

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - First Ascent Asset Management

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

First Ascent Asset Management Comparisons

Employees
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Competitors of First Ascent Asset Management

First Ascent Asset Management operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, Investec, Morgan Stanley, FNZ and Northwestern Mutual, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Wealth management, investment advisory, and financial services are provided.
domain founded_year HQ Location
Wealth management solutions are delivered for asset managers.
domain founded_year HQ Location
Northwestern Mutual is engaged in financial planning and insurance services.
domain founded_year HQ Location
Mutual life insurance and asset management services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about First Ascent Asset Management

When was First Ascent Asset Management founded?

First Ascent Asset Management was founded in 2015.

Where is First Ascent Asset Management located?

First Ascent Asset Management is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Who is the current CEO of First Ascent Asset Management?

Scott MacKillop is the current CEO of First Ascent Asset Management.

What does First Ascent Asset Management do?

First Ascent Asset Management was established in 2015 and is based in Denver, United States. Diversified investment management is handled as the core operation, with services encompassing asset allocation and portfolio oversight. The firm is led by CEO Scott MacKillop. Focus remains on financial strategies within the investment sector, serving clients across the region without specified international expansion.

Who are the top competitors of First Ascent Asset Management?

First Ascent Asset Management's top competitors include Fidelity Investments, Investec and Guggenheim Partners.

What products or services does First Ascent Asset Management offer?

First Ascent Asset Management offers Advisor Technology Platform, Portfolio Solutions, and Services and Support.

Who are First Ascent Asset Management's investors?

First Ascent Asset Management has 1 investor. Key investors include GeoWealth.

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