BALLAST, INC.

RIASEC RegisteredEst. 2014
Total AUM
$752M
Discretionary
$700M
93% of AUM
Avg account
$398K
Accounts
1,888
Employees
12
Advisory reps
8

Firm details

Headquarters
Lexington, Kentucky
CRD number
152695
Registered since
April 25, 2014
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • HNWI83.44%
  • Individuals11.75%
  • Pension & Profit Sharing Plans3.88%
  • State / Municipal Government0.52%
  • Charitable Organizations0.31%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Ballast, Inc. is an independent registered investment adviser structured as a corporation and SEC-registered since 2014. The firm identifies as a capital allocator and serves both individual/family clients and institutional clients. Its advisory services include financial planning, portfolio management for individuals and small businesses, selection of other advisers, and pension consulting. Ballast charges multiple fee types — asset-based fees, hourly fees, fixed fees and other arrangements — and does not market itself as an active ESG investor. Ballast was recognized on FA Magazine’s Top RIA Firms list in 2020. The firm lists Charles Schwab as its primary custodian and manages a mix of public funds and third-party strategies alongside direct equity and fixed-income exposures.

Assets & Accounts

Public Holdings

Investments & Alternatives

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 69%, Exchange Traded Equities 22%, Cash & Cash Equivalents 5%, US Government Bonds 4%69%
  • Public Funds/Mutual Funds69%
  • Exchange Traded Equities22%
  • Cash & Cash Equivalents5%
  • US Government Bonds4%

Owners & executives

2 of 2
  • ANDREW REYNOLDS

    Partner, COOCRD 5603070

  • Jeffrey Lehmann

    Chief Compliance OfficerCRD 6996173

Contacts

3 of 6
  • BRIAN BURTON

    PartnerCRD 6462101

  • CAMERON HAMILTON

    Director of Financial PlanningCRD 6264219

  • Frank Yozwiak

    Director of Estate Planning & TaxCRD 6864231

Unlock 3 more contacts

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 43

Active vs passive

$309M in ETFs

Passive

93%

$286M

Active

0%

$22.9M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD SMALL-CAP INDEX FUND (VB)VanguardPassiveSmall Blend$45M171,76214.54%

Location

Primary office

Lexington, KY

FAYETTE

Location

Lexington, KY

Headquartered in Lexington, KY, anchoring the Lexington-Fayette--Richmond--Frankfort, KY metro in the South.

Metro area
Lexington-Fayette--Richmond--Frankfort, KY
Region
South
County
FAYETTE
Address
400 E Vine St
Time zone
CT (UTC-6)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth