Ballast Asset Management

RIASEC Registered

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 a limited partnership organized as an institutional registered investment adviser. The firm is SEC-registered (registration year 2020) and charges clients a percentage of assets under management. Its stated client base is institutional, though its advisory activities also include portfolio management for individuals and small businesses as well as investment companies and other institutions. Ownership is listed as a combination of a domestic entity and an individual. Ballast does not identify as an active ESG investor, does not operate as a capital allocator, and is not a multi-state or pension-consulting adviser.