Ballast Rock Private Wealth Llc
- Regulatory AUM
- $406M
- Discretionary
- $362M
- Clients
- 251
- Avg AUM / client
- $1.6M
- Accounts
- 642
- Employees
- 9
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 06, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 140 | $81.8M | 20.2% |
| High net worth individuals | 95 | $303M | 74.6% |
| Pension and profit sharing plans | 2 | $4.3M | 1.06% |
| Corporations and other businesses | 14 | $16.9M | 4.16% |
People (11)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Carroll Connell, Thomas, Eldredge | Managing Member | Jul 2018 (8y) | ≈ 56.25% – 100% via Ballast Rock Holdings Llc | |
| Jason Michael Thonssen | Chief Compliance Officer | Aug 2022 (4y) | Less than 5% | |
| Andrew James Mescon | Ceo | Sep 2022 (4y) | Less than 5% | |
| Hall, Dirk, A | Chief Operating Officer | Nov 2022 (4y) | Less than 5% | |
| Christian Dan Salomone | Cio | Dec 2023 (3y) | Less than 5% | |
| Scott Alan Mcclatchey | Registered representative | CFP | Oct 2023 (3y) | |
| James Bernard Carroll | Registered representative | Mar 2024 (2y) | ||
| Jamie E Carroll | Registered representative | Nov 2024 (2y) | ||
| Troy John Davidson | Registered representative | Apr 2025 (1y) | ||
| Brooke Meredith Courtney | Registered representative | Dec 2025 (1y) | ||
| Jake Hunter Fetchen | Registered representative | May 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Ballast Rock Holdings Llc | Business | May 2022 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Carroll Connell, Thomas, Eldredge: 75% – 100% of Ballast Rock Holdings Llc × 75% – 100% direct ≈ 56.25% – 100% 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) | 03/06/2026 | 991 KB | 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
- • Commissions
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
Custody
Reported custodians
- Fidelity Brokerage Services $189M (47% of AUM) Mar 2026
- Charles Schwab & Co. $168M (41% 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 06, 2026.
View current Form ADV (SEC/IAPD) ↗