Ballast Advisors, Llc
- Regulatory AUM
- $674M
- Discretionary
- $653M
- Clients
- 831
- Avg AUM / client
- $812K
- Accounts
- 2,582
- Employees
- 15
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 645 | $287M | 42.5% |
| High net worth individuals | 169 | $369M | 54.8% |
| Pension and profit sharing plans | 1 | $2.3M | 0.34% |
| Charitable organizations | 1 | $476K | 0.07% |
| Corporations and other businesses | 15 | $15.5M | 2.29% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Paul Louis Parnell | Principal And Wealth Advisor | Feb 2017 (10y) | ≈ 37.5% – 75% via Parnell & Associates, Inc. | |
| Richard Gerard Gerczak | Principal, Wealth Advisor, & Chief Compliance Officer | CFP | Feb 2017 (10y) | ≈ 18.75% – 50% via Gerczak & Associates Llc |
| Steven Andrew Schmidt | Principal And Wealth Advisor | CFP Chartered Financial Consultant | Feb 2017 (10y) | ≈ 7.5% – 25% via S Schmidt & Associates Llc |
| Richard Matthias Juckel | Registered representative | CFP | Feb 2017 (10y) | |
| James Stephen Heimler | Registered representative | CFP | Feb 2025 (2y) | |
| Noah Johnson | Registered representative | Nov 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Parnell & Associates, Inc. | Managing Member | Feb 2017 | A | 50% – 75% |
| Gerczak & Associates Llc | Managing Member | Jan 2018 | A | 25% – 50% |
| S Schmidt & Associates Llc | Managing Member | Jan 2018 | A | 10% – 25% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Paul Louis Parnell: 75% – 100% of Parnell & Associates, Inc. × 50% – 75% direct ≈ 37.5% – 75% of the firm
- Richard Gerard Gerczak: 75% – 100% of Gerczak & Associates Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- Steven Andrew Schmidt: 75% – 100% of S Schmidt & Associates Llc × 10% – 25% direct ≈ 7.5% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 1.05 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Commissions
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $674M (100% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 26, 2026.
View current Form ADV (SEC/IAPD) ↗