Ballast Advisors, LLC

RIASEC RegisteredEst. 2017
Total AUM
$674M
Discretionary
$653M
97% of AUM
Avg account
$261K
Accounts
2,582
Employees
15
Advisory reps
7

Firm details

Headquarters
Woodbury, Minnesota
CRD number
285991
Registered since
January 19, 2017
Website
www.ballastadvisors.com
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees, Commissions
Client types
  • HNWI54.77%
  • Individuals42.53%
  • Corporations / Businesses2.29%
  • Pension & Profit Sharing Plans0.34%
  • Charitable Organizations0.07%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

Ballast Advisors, LLC is an independent registered investment adviser formed in 2017 that serves both individual/family and institutional clients. The firm offers financial planning, portfolio management for individuals, small businesses and institutions, and pension consulting services, and also operates as an insurance broker. Its fee arrangements include percentage-of-AUM billing, fixed fees and commissions. The firm lists an accountant among its industry affiliations and is not flagged as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 64%, Exchange Traded Equities 24%, Investment Grade Corp Bonds 5%, Cash & Cash Equivalents 4%, US Government Bonds 3%64%
  • Public Funds/Mutual Funds64%
  • Exchange Traded Equities24%
  • Investment Grade Corp Bonds5%
  • Cash & Cash Equivalents4%
  • US Government Bonds3%

Owners & executives

1 of 1
  • William Speacht

    William Speacht

    Chief Compliance OfficerCRD 2801842

Contacts

3 of 6
  • Noah Johnson

    Noah Johnson

    Financial Planning SpecialistCRD 8035237

  • James Heimler

    James Heimler

    Financial Planning SpecialistCRD 6791745

  • Richard Gerczak

    Richard Gerczak

    PRINCIPAL & WEALTH ADVISORCRD 2489405

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 195

Active vs passive

$200M in ETFs

Passive

99%

$198M

Active

<1%

$2.2M

ETFProviderStyleCategoryValueShares% of portfolio
SCHWAB US LARGE-CAP VALUE ETF (SCHV)SchwabPassiveLarge Value$36.4M1,194,19318.19%
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Location

Primary office

Woodbury, MN

Washington

Location

Woodbury, MN

Headquartered in Woodbury, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
Washington
Address
683 Bielenberg Dr
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth