{
  "crd_number": 152695,
  "slug": "ballast-inc-lexington-ky-152695",
  "primary_business_name": "BALLAST, INC.",
  "legal_name": "BALLAST, INC.",
  "dbas": [],
  "city": "Lexington",
  "state": "KY",
  "country": "United States",
  "cbsa_code": "30460",
  "metro": {
    "cbsa_code": "30460",
    "common_name": "Lexington",
    "msa_name": "Lexington-Fayette, KY",
    "path": "/advisors/ky/lexington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-04-25",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-07-14",
  "carried_forward": false,
  "raum_total": 751516845.0,
  "raum_discretionary": 699773468.0,
  "raum_non_discretionary": 51743377.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 12,
  "advisory_employees": 8,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 712612.0,
      "count": 1,
      "description": "STATE NON PROFIT PROGRAM RETIREMENT PLAN",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 2357105.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 88332370.0,
      "count": 237
    },
    "state_municipal": {
      "raum": 3940123.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 29126443.0,
      "count": 17
    },
    "high_net_worth_individuals": {
      "raum": 627048192.0,
      "count": 217
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CO",
    "FL",
    "GA",
    "IN",
    "KY",
    "NC",
    "OH",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://ballastplan.com",
    "https://facebook.com/BALLASTPLAN",
    "https://instagram.com/BALLAST_INC",
    "https://linkedin.com/company/ballastplan",
    "https://youtube.com/channel/UC_o6SQnd89ZPMZS3VuYBzSg"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/152695",
  "city_as_filed": "LEXINGTON",
  "url": "https://advisorcensus.com/firm/ballast-inc-lexington-ky-152695",
  "display_name": "Ballast, Inc.",
  "summary": "Ballast, Inc. is an SEC-registered investment advisory firm in Lexington, KY, registered since 2014, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 14, 2026.",
  "citation": "AdvisorCensus. Ballast, Inc. (CRD 152695): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Ballast, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Ballast, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "Where is Ballast, Inc. located?",
      "a": "Ballast, Inc.'s principal office is in Lexington, KY, according to its Form ADV."
    },
    {
      "q": "Is Ballast, Inc. registered with the SEC or a state?",
      "a": "Ballast, Inc. is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 152695."
    },
    {
      "q": "How much does Ballast, Inc. manage?",
      "a": "Ballast, Inc. reports $751,516,845 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (93% discretionary)."
    },
    {
      "q": "How have Ballast, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Ballast, Inc.: Regulatory assets under management: $358,398,083 in the October 2021 data and $751,516,845 in the October 2026 data, up 110%. Total employees: 9 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Ballast, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (237); high net worth individuals (217); pension and profit sharing plans (but not the plan participants or government pension plans) (17)."
    },
    {
      "q": "Which custodians does Ballast, Inc. use?",
      "a": "Ballast, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Ballast, Inc. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/152695"
    },
    {
      "q": "Does Ballast, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 27, 2026 says: \"Ballast generally does not impose a minimum account size for establishing a relationship.\""
    },
    {
      "q": "What changed in Ballast, Inc.'s recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in VA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 358398083.0,
      "total_employees": 9,
      "filing_date": "2021-09-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 462991449.0,
      "total_employees": 6,
      "filing_date": "2022-03-04"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 423413984.0,
      "total_employees": 12,
      "filing_date": "2023-10-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 543897082.0,
      "total_employees": 12,
      "filing_date": "2024-02-21"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 625203027.0,
      "total_employees": 12,
      "filing_date": "2025-02-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 751516845.0,
      "total_employees": 12,
      "filing_date": "2026-07-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in VA."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 8.",
        "Regulatory assets under management went from $625,203,027 to $751,516,845 (+20%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in CO."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 27, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Ballast generally does not impose a minimum account size for establishing a relationship."
        ]
      }
    ],
    "quotes": [
      "Ballast generally does not impose a minimum account size for establishing a relationship."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/ballast-inc-lexington-ky-152695.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 237,
      "fewer_than_5": false,
      "raum": 88332370.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 217,
      "fewer_than_5": false,
      "raum": 627048192.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 17,
      "fewer_than_5": false,
      "raum": 29126443.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 2357105.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 3940123.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 1,
      "fewer_than_5": true,
      "raum": 712612.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/152695",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}