An SEC-registered investment advisor, ASB Capital Management (ASB) was founded in 1983 as an independent subsidiary of American Security Bank, one of the largest financial institutions in Washington D.C. at the time. After a series of bank mergers in the 1980’s and 1990’s, ASB was acquired in 1997 by the B.F. Saul Organization, a Washington, D.C.-based, multi-generational business that continues to control the firm today. The Saul family has been a leader in Washington, D.C.’s financial industry since the 1890’s.