Ballast Advisors, LLC
Assets Under Management
$587.6M
Number of Clients
803
Number of Advisors
5
Average Client AUM
$732K
AUM per Advisor
$117.5M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
Ballast Advisors provides financial planning, consulting, and investment management services. Financial planning includes cash flow management, trust and estate planning, insurance, retirement, tax planning, and charitable giving. Investment management is offered on a discretionary or non-discretionary basis, allocating assets among mutual funds, ETFs, and individual securities. They may use independent managers.
Fee Structure
Fees for investment management and wealth management services vary between 0.50% and 2.00% annually, based on assets under management and service complexity. Financial planning and consulting fees range from $750 to $25,000, depending on the scope and complexity of the services. Ballast Advisors does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship.
Areas of Practice
Location
683 Bielenberg Drive, Suite 208, Woodbury, MN, 55125