BALLAST ASSET MANAGEMENT

RIASEC RegisteredEst. 2020

Total AUM

$221M

Discretionary

$221M

100% of AUM

Avg account

$110M

Accounts

Employees

Advisory reps

Firm details

Headquarters: DALLAS, Texas
CRD number: 311116
Registered since: November 9, 2020
Website: ballastam.com
Custodians: THE BANK OF NEW YORK MELLON
Fee structure: Percentage of AUM
Client types: Investment Companies69.28%
Pension & Profit Sharing Plans30.72%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Ballast Asset Management is organized as a limited partnership and provides portfolio management services to institutional clients as well as individuals, small businesses, and investment companies. The firm operates on a percentage-of-assets fee model and has been registered with the SEC since 2020. Its business scope centers on discretionary portfolio management rather than acting primarily as a capital allocator or pension consultant. Ballast does not identify as an active ESG investor and its filings indicate it is not registered as a multistate adviser.