BALLAST ROCK PRIVATE WEALTH

RIASEC RegisteredEst. 2024
Total AUM
$406M
Discretionary
$362M
89% of AUM
Avg account
$632K
Accounts
642
Employees
9
Advisory reps
11

Firm details

Headquarters
CHARLESTON, South Carolina
CRD number
322064
Registered since
March 8, 2024
Website
www.ballastrockpw.com
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Commissions
Client types
  • HNWI74.62%
  • Individuals20.15%
  • Corporations / Businesses4.16%
  • Pension & Profit Sharing Plans1.06%
Services
Financial PlanningPortfolio Management for IndividualsPension Consulting

Firm profile

FINTRX

Overview

Ballast Rock Private Wealth is an independent registered investment adviser organized as an LLC and registered with the SEC in 2024. The firm serves both individual and family clients as well as institutional relationships, offering a mix of financial planning, portfolio management for individuals and small businesses, and pension consulting. It also operates as an insurance broker and compensates clients through a combination of asset-based fees and commissions. The firm’s operating profile includes industry roles beyond advisory work: FINTRX lists broker-dealer affiliations and participation as sponsor/GP or managing member of pooled investment vehicles. Ballast Rock is not identified 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: Exchange Traded Equities 34%, Private Funds 33%, Cash & Cash Equivalents 18%, Public Funds/Mutual Funds 8%, Other 5%, US Government Bonds 1%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%34%
  • Exchange Traded Equities34%
  • Private Funds33%
  • Cash & Cash Equivalents18%
  • Public Funds/Mutual Funds8%
  • Other5%

Owners & executives

3 of 4

  • THOMAS CARROLL-CONNELL

    Founder & CEOCRD 4992661

  • Christian Salomone

    Chief Investment OfficerCRD 3110535

  • DIRK HALL

    Chief Operating OfficerCRD 2383251

Unlock 1 more executives →

Contacts

3 of 7

  • Jamie Carroll

    Wealth AdvisorCRD 7635355

  • Brooke Courtney

    Client Service AssociateCRD 8205077

  • Jake Fetchen

    Wealth AdvisorCRD 7883984

Unlock 4 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 228

Active vs passive

$558M in ETFs

Passive

84%

$468M

Active

13%

$89.8M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD GROWTH INDEX FUND (VUG)VanguardPassiveLarge Growth$67.4M154,20712.07%
Unlock additional holdings →

Location

Primary office

CHARLESTON, SC

CHARLESTON

Location

CHARLESTON, SC

Headquartered in CHARLESTON, SC, in the South of the United States.

Region
South
County
CHARLESTON
Address
460 King St
Time zone
ET (UTC-5)
Office locations

Similar firms

ALTRIARCH ASSET MANAGEMENT, LLC

RIA

CHARLESTON, SC

AUM $349MTEAM 15REPS 3

OBJECTIVITY SQUARED WEALTH MANAGEMENT

RIA

CHARLESTON, SC

AUM $488MTEAM 6REPS 4

NICHOLSON WEALTH MANAGEMENT GROUP

RIA

CHARLESTON, SC

AUM $322MTEAM 4REPS 3

VICTORIA CAPITAL MANAGEMENT, INC.

RIA

CHARLESTON, SC

AUM $306MTEAM 3REPS 3

CAPASSO PLANNING PARTNERS LLC

RIA

CHARLESTON, SC

AUM $274MTEAM 5REPS 4

CHARLESTON FINANCIAL ADVISORS, LLC

RIA

CHARLESTON, SC

AUM $262MTEAM 5REPS 2
More RIAs in CHARLESTON →All South Carolina RIAs →

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth