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 an institutional registered investment adviser organized as a limited partnership and registered with the SEC in 2020. The firm focuses on portfolio management for institutions, businesses, investment companies, and individuals/small businesses, charging fees as a percentage of assets under management. Ballast identifies its client base as institutional and is not positioned as a capital allocator; it relies on third-party managers for alternate asset exposure. The adviser does not market itself as an active ESG investor and is not registered as a multi-state adviser.