# Ballheim Financial LLC

> Ballheim Financial LLC is a state-registered investment advisory firm, registered since 2012, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 12, 2026.

- CRD: 164318
- Filed as: BALLHEIM FINANCIAL LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Iowa
- Filing period: October 2026
- Form ADV filing dated: March 12, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/164318
- AdvisorCensus page: https://advisorcensus.com/firm/ballheim-financial-llc-164318

## Quick answers

**How is Ballheim Financial LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Ballheim Financial LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Is Ballheim Financial LLC registered with the SEC or a state?**
Ballheim Financial LLC is a state-registered investment advisory firm, registered since 2012. Status as filed: APPROVED. CRD 164318.

**How much does Ballheim Financial LLC manage?**
Ballheim Financial LLC reports $32,321,081 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary).

**What types of clients does Ballheim Financial LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (20); high net worth individuals (17).

**Does Ballheim Financial LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/164318

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $32,321,081
- Discretionary: $32,321,081
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 20 | $5,502,042 |
| High net worth individuals | 17 | $26,819,039 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 2012 (14 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ballheimfinancial.com
- davidballheim.com
- pureindependence.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ballheim Financial LLC (CRD 164318): Form ADV filing data as of October 2026.