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Ballast Advisors, LLC

Ballast Advisors, LLC. CRD 285991

Ballast Advisors, LLC logo

CRD: 285991

Ballast Advisors, LLC

$674.5M Total AUM
$652.6M Disc. AUM
-- 3Y CAGR
15 Employees
834 ADV. Clients
9 yrs Firm Age

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Firm Details

Custodian
Broadridge ยท Charles Schwab & Company
Clients
Retail and Institutional
Platforms
Available
Established Date
01-19-2017
Office Locations
2

Office Locations

2550 University Ave. W. Suite 314n St. Paul MN
683 Bielenberg Drive Suite 208 Woodbury MN

About Ballast Advisors, LLC

Ballast Advisors is a Minnesota-based fiduciary wealth manager providing strategic financial planning and investment management with ongoing monitoring and risk management. The team works with individuals and families, executives, and small business owners on tax, retirement, estate, protection, and executive benefits planning. Investment focus includes active management and asset allocation using ETFs, mutual funds, and fixed income. Emphasis on cybersecurity; custodies with Charles Schwab.

Team overview

42 AVG AGE
$112.4M AVG AUM / ADVISOR
$808.7K AVG AUM / CLIENT
5.8 yrs AVG TENURE
15 Employees
6 Advisory Reps
6 RIA Reps
9yrs Firm Age

Insights

Available
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Asset Classes

Available

Custodian

Available

Investment Themes

Available

Investment Vehicles

Available

Services

Available

Technology

Available

Owner & Executives

PAUL LOUIS PARNELL

PAUL LOUIS PARNELL

Financial Advisor, Managing Partner, PRINCIPAL, WEALTH ADVISOR

CRD
#2704387
Ownership
Less than 5%
Available
Available
Available
STEVEN ANDREW SCHMIDT

STEVEN ANDREW SCHMIDT

PRINCIPAL, WEALTH ADVISOR

CRD
#2269458
Ownership
Less than 5%
Available
Available
Available

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Contacts

RICHARD GERARD GERCZAK

RICHARD GERARD GERCZAK

Private Wealth Advisor

CRD
#2489405
Available
Available
Available
J

James Stephen Heimler

--

CRD
#6791745
Available
Available
Available

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
03-23-2022
08-17-2023
02-29-2024
11-07-2025
03-26-2026
Category Assets AVG. Account size
Discretionary $652,587,703 $258,451
Non-Discretionary $21,889,049 $384,018
Total $674,476,752 $261,223

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Separately Managed Accounts

Total SMA Asset: Available

Locked Total SMA
Public Funds:
Available
Equity - Exchange:
Available
Corporate - Investment Grade:
Available
Cash:
Available
U.S. Government/Agency:
Available
Asset class Assets Assets %
Public Funds Available Available
Equity - Exchange Available Available
Corporate - Investment Grade Available Available
Cash Available Available
U.S. Government/Agency Available Available
Total Available Available

13F Holdings | Q1 2026

Issuer Class CUSIP Ticker % Value
Available Available Available Available Available Available
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