# Ballast Rock Private Wealth

> Ballast Rock Private Wealth is an SEC-registered investment advisory firm in Charleston, SC, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 6, 2026.

- CRD: 322064
- Filed as: BALLAST ROCK PRIVATE WEALTH
- Legal name: Ballast Rock Private Wealth LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charleston, SC
- Filing period: October 2026
- Form ADV filing dated: March 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322064
- AdvisorCensus page: https://advisorcensus.com/firm/ballast-rock-private-wealth-charleston-sc-322064

## Quick answers

**How is Ballast Rock Private Wealth compensated?**
On its Form ADV (Item 5.E, October 2026), Ballast Rock Private Wealth reports these compensation arrangements: a percentage of assets under its management; commissions.

**Where is Ballast Rock Private Wealth located?**
Ballast Rock Private Wealth's principal office is in Charleston, SC, according to its Form ADV.

**Is Ballast Rock Private Wealth registered with the SEC or a state?**
Ballast Rock Private Wealth is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 322064.

**How much does Ballast Rock Private Wealth manage?**
Ballast Rock Private Wealth reports $405,737,187 in regulatory assets under management in its Form ADV filing dated March 6, 2026 (89% discretionary).

**How have Ballast Rock Private Wealth's assets and staff changed since 2022?**
In the Form ADV data for Ballast Rock Private Wealth: Regulatory assets under management: $0 in the October 2022 data and $405,737,187 in the October 2026 data. Total employees: 5 in October 2022 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ballast Rock Private Wealth serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (140); high net worth individuals (95); corporations or other businesses not listed above (14).

**Which custodians does Ballast Rock Private Wealth use?**
Ballast Rock Private Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Ballast Rock Private Wealth report any disciplinary disclosures?**
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/322064

**Does Ballast Rock Private Wealth state an account minimum?**
Its Form ADV Part 2A brochure dated March 6, 2026 says: "There is no account minimum for any of BRPW’s services."

**What changed in Ballast Rock Private Wealth's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 8. Regulatory assets under management went from $238,200,333 to $405,737,187 (+70%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Commissions

### Fees and minimums (Form ADV Part 2A brochure dated March 6, 2026)

- Account minimum: None

> There is no account minimum for any of BRPW’s services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $405,737,187
- Discretionary: $361,925,393
- Non-discretionary: $43,811,794

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 140 | $81,773,602 |
| High net worth individuals | 95 | $302,752,808 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $4,317,812 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 14 | $16,892,965 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2024 (2 years)
- Employees: 9 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, IL, LA, NY, SC, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ballastrockpw.com
- LinkedIn @ballast-rock-private-wealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $0 | 5 | September 21, 2022 |
| October 2024 | $170,558,268 | 10 | August 1, 2024 |
| October 2025 | $238,200,333 | 10 | March 14, 2025 |
| October 2026 | $405,737,187 | 9 | March 6, 2026 |

Regulatory assets under management: $0 in the October 2022 data and $405,737,187 in the October 2026 data.
Total employees: 5 in October 2022 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 8.
- Regulatory assets under management went from $238,200,333 to $405,737,187 (+70%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ballast Rock Private Wealth (CRD 322064): Form ADV filing data as of October 2026.