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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

BALLAST FINANCIAL ADVISORS, LLC

CRD 304430

WEST CHESTER, PA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:f1bb491a-1159-5381-4645-5dc0d8d2ebbf

Data as of Mar 17, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 2:31 AM UTC and rebuilt at most every 15 minutes.

Relationships: 8
Dated events: 3
On other graphs: 0
Observed: Jun 21, 2019 to Mar 17, 2026
33 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $343MItem 5.F on the latest filing (2026-03-17); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $129M
Private client RAUM: $325MderivedItem 5.D individuals plus high net worth individuals
Private client share: 95%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 6
RAUM per advisor: $57.1Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 5
Advisory employees: 5
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 1,573
Individual clients: 482
High net worth clients: 120
Custody, client assets: $224M
SEC number: 801-117158
CIK: 2109821
CRD: 304430
Filings on the tape: 33
First filed: Jun 21, 2019
Latest filed: Mar 17, 2026
Organised: Limited Liability Company, DE
Website: anchorcap.net

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
DANIEL PATRICK MCHUGH	Certified Financial Planner	WEST CHESTER, PA	7	31	2	no
JOSEPH DAVID BAKER	Certified Financial Planner	WEST CHESTER, PA \| GEORGETOWN, DE	7	16	2	no
Daniel Elser	Certified Financial Planner	WEST CHESTER, PA	6	11	n/a	no
KEVIN CLAY WRENN	Certified Financial Planner	Annapolis, MD	5	24	1	no
Mark Allen May	Certified Financial Planner	WEST CHESTER, PA \| Georgetown, DE	3	13	n/a	no
Jake Dexter Burnham	n/a	WEST CHESTER, PA	0	11	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BAKER, JOSEPH, DAVID	MANAGING MEMBER & CHIEF COMPLIANCE OFFICER	C	yes	07/2019	Jun 21, 2019	Feb 28, 2024
MC HUGH, DANIEL, PATRICK	MANAGING MEMBER	D	yes	07/2019	Jun 21, 2019	Feb 28, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
BALLAST & ASSOCIATES, LLC	n/a	n/a	n/a	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Georgetown	De	United States	2	no
Annapolis	Md	United States	2	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 17, 2026	$343M	$129M	5	5	2	n/a	n/a
2024	Mar 14, 2025	$276M	$98.1M	6	6	2	n/a	n/a
2023	Feb 28, 2024	$247M	$87.9M	6	6	2	n/a	n/a
2022	Mar 17, 2023	$201M	$74.5M	7	5	2	n/a	n/a
2021	Mar 8, 2022	$234M	$90.9M	5	5	2	n/a	n/a
2020	Mar 1, 2021	$121M	$4.1M	6	6	2	n/a	n/a
2019	Mar 16, 2020	$97.9M	$0	4	4	1	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$343M	$276M	24.0%	$201M	19.5%	5	6	2	2

Relationships

Registered with (6)

← Jake Dexter BurnhamAdvisorregistration: current employment
Jun 5, 2026 to presentfactForm ADV
← Mark Allen MayAdvisorregistration: current employment
Jul 19, 2023 to presentfactForm ADV
← KEVIN CLAY WRENNAdvisorregistration: current employment
Nov 25, 2020 to presentfactForm ADV
← Daniel ElserAdvisorregistration: current employment
Mar 10, 2020 to presentfactForm ADV
← DANIEL PATRICK MCHUGHAdvisorregistration: current employment
Aug 13, 2019 to presentfactForm ADV
← JOSEPH DAVID BAKERAdvisorregistration: current employment
Aug 13, 2019 to presentfactForm ADV

Controls (2)

← MC HUGH, DANIEL, PATRICKOwnerMANAGING MEMBER, ownership code D, individual
Jun 21, 2019 to Feb 28, 2024factForm ADV
← BAKER, JOSEPH, DAVIDOwnerMANAGING MEMBER & CHIEF COMPLIANCE OFFICER, ownership code C, individual
Jun 21, 2019 to Feb 28, 2024factForm ADV

Dated events

Occurred
Mar 8, 2022
Regulatory AUM changed
Ballast Financial Advisors, Llc reported RAUM $233.9M, up 93% from $121.1M (2021-09-27 to 2022-03-08)
Form ADVobserved 5 days ago
$113M
Occurred
Jul 12, 2019
Control person left
John William Miller (Managing Member & Chief Compliance Officer) no longer on Schedule A of Ballast Financial Advisors, Llc (listed 2019-06-21, absent 2019-07-12)
Form ADVobserved 5 days ago
Occurred
Jul 12, 2019
First Form ADV filing
Ballast Financial Advisors filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:f1bb491a-1159-5381-4645-5dc0d8d2ebbf
First observed: Jun 21, 2019
Last observed: Mar 17, 2026 6 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

BALLAST FINANCIAL ADVISORS, LLC

CRD 304430

WEST CHESTER, PA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:f1bb491a-1159-5381-4645-5dc0d8d2ebbf

Data as of Mar 17, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 2:31 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

DANIEL PATRICK MCHUGH

Certified Financial Planner

WEST CHESTER, PA

JOSEPH DAVID BAKER

Certified Financial Planner

WEST CHESTER, PA | GEORGETOWN, DE

Daniel Elser

Certified Financial Planner

WEST CHESTER, PA

n/a

KEVIN CLAY WRENN

Certified Financial Planner

Annapolis, MD

Mark Allen May

Certified Financial Planner

WEST CHESTER, PA | Georgetown, DE

n/a

Jake Dexter Burnham

n/a

WEST CHESTER, PA

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BAKER, JOSEPH, DAVID

MANAGING MEMBER & CHIEF COMPLIANCE OFFICER

yes

07/2019

Jun 21, 2019

Feb 28, 2024

MC HUGH, DANIEL, PATRICK

MANAGING MEMBER

yes

07/2019

Jun 21, 2019

Feb 28, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

BALLAST & ASSOCIATES, LLC

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Georgetown

United States

Annapolis

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 17, 2026

$343M

$129M

n/a

2024

Mar 14, 2025

$276M

$98.1M

n/a

2023

Feb 28, 2024

$247M

$87.9M

n/a

2022

Mar 17, 2023

$201M

$74.5M

n/a

2021

Mar 8, 2022

$234M

$90.9M

n/a

2020

Mar 1, 2021

$121M

$4.1M

n/a

2019

Mar 16, 2020

$97.9M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$343M

$276M

24.0%

$201M

19.5%