Ballast Financial Advisors, Llc
- Regulatory AUM
- $343M
- Discretionary
- $129M
- Clients
- 607
- Avg AUM / client
- $564K
- Accounts
- 1,573
- Employees
- 5
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 482 | $117M | 34.1% |
| High net worth individuals | 120 | $208M | 60.6% |
| Pension and profit sharing plans | Fewer than 5 clients | $17.9M | 5.22% |
| Corporations and other businesses | 5 | $131K | 0.04% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Psi Pax, Inc. 401(k) Plan Psi Pax, Inc. | 2024 |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Daniel Patrick Mchugh | Managing Member | CFP | Jul 2019 (7y) | 50% – 75% |
| Joseph David Baker | Managing Member & Chief Compliance Officer | CFP | Jul 2019 (7y) | 25% – 50% |
| Daniel Elser | Registered representative | CFP | Mar 2020 (6y) | |
| Kevin Clay Wrenn | Registered representative | CFP | Nov 2020 (6y) | |
| Mark Allen May | Registered representative | CFP | Jul 2023 (3y) | |
| Jake Dexter Burnham | Registered representative | Jun 2026 (0y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Psi Pax, Inc. 401(k) Plan | Psi Pax, Inc. | 181 | $12.4M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/17/2026 | 1.26 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
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Charles Schwab & Co. $320M (93% 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 17, 2026.
View current Form ADV (SEC/IAPD) ↗