DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Ballast, Inc.
Latest filing Jul 14, 2026
First filing on the tape Apr 16, 2014 · 40 filings
SEC status approved since Apr 25, 2014
RAUM
$752M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
95%
$715M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$93.9M
derived; firm RAUM over IAPD count
Employees
12
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$752M as of Jul 14, 2026
Mar 31, 2015$126M then
HNW client RAUM$627M as of Jul 14, 2026
Feb 26, 2018$161M then
State-registered IARs (5.B.3)8 as of Jul 14, 2026
Mar 31, 20154 then
Employees (5.A)12 as of Jul 14, 2026
Mar 31, 20155 then
Private funds: no history
RAUM +20% over the last fiscal year+21% a year over threeIARs 7 to 8
Practice profile
derived from the filing of Jul 14, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $93.9MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 57derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.9MderivedHNW RAUM over HNW clients
- Average account
- $398,049derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 93%derivedof RAUM
- Institutional
- 4.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 8.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- +14%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.9%derived
- Compensation
- percentage of assets, hourly, fixed fees, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$627M84%
- Individuals$88.3M12%
- Pension and profit-sharing plans$29.1M3.9%
- State and municipal entities$3.9M0.5%
- Charitable organizations$2.4M0.3%
- Individual clients
- 237reported
- HNW clients
- 217reported
- Pension plan clients
- 17reported
- Charitable clients
- 3reported
- Accounts
- 1,888reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| John Valentine BoardmanCertified Financial Planner | Lexington, Ky | Apr 12, 2010 | 23 y | 3 |
| Andrew Joseph ReynoldsCertified Financial Planner | Lexington, Ky | Apr 12, 2010 | 16 y | 1 |
| Cameron K HamiltonCertified Financial Planner | Lexington, Ky | Oct 13, 2014 | 12 y | 0 |
| Brian Todd BurtonCertified Financial Planner | Lexington, Ky | Mar 18, 2015 | 11 y | 0 |
| Frank Edward YozwiakCertified Financial Planner | Lexington, Ky | Feb 26, 2018 | 10 y | 0 |
| Jeffrey Edmund Lehmann | Lexington, Ky | May 7, 2021 | 10 y | 0 |
| Trent Turner LakesCertified Financial Planner | Lexington, Ky | Apr 14, 2023 | 12 y | 0 |
| Catherine Richmond | Lexington, Ky | Nov 4, 2025 | 11 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- John Valentine Boardman from LPL Financial LLCApr 12, 2010 · Other
- Andrew Joseph Reynolds from LPL Financial LLCApr 12, 2010 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Valentine John Boardman · Presidentcontrolsince 01/2008 · owns 50% to 75%
- Todd Brian Burton · Treasurer, Director Of Portfolio Strategycontrolsince 01/2018 · owns 5% to 10%
- K Cameron Hamilton · Secretary, Director Of Financial Planningcontrolsince 01/2018 · owns 5% to 10%
- Edmund Jeffrey Lehmann · Chief Compliance Officercontrolsince 08/2020 · owns less than 5%
- Joseph Andrew Reynolds · Vice Presidentcontrolsince 03/2010 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Lexington, Ky · principal | 8 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,798 to 1,888Oct 2, 2025 to Feb 27, 2026
- Advisory employees · 6 to 8Oct 2, 2025 to Feb 27, 2026
- Charity clients · unset to 3.0Oct 2, 2025 to Feb 27, 2026
- HNW clients · 198 to 217Oct 2, 2025 to Feb 27, 2026
- Individual clients · 239 to 237Oct 2, 2025 to Feb 27, 2026
- Pension plan clients · 15 to 17Oct 2, 2025 to Feb 27, 2026
- State-registered IARs · 7 to 8Oct 2, 2025 to Feb 27, 2026
- Discretionary RAUM · $590M to $700MOct 2, 2025 to Feb 27, 2026
- HNW RAUM · $505M to $627MOct 2, 2025 to Feb 27, 2026
- Individual RAUM · $95.8M to $88.3MOct 2, 2025 to Feb 27, 2026
- Non-discretionary RAUM · $35.5M to $51.7MOct 2, 2025 to Feb 27, 2026
- Pension RAUM · $21.1M to $29.1MOct 2, 2025 to Feb 27, 2026
- RAUM · $625M to $752MOct 2, 2025 to Feb 27, 2026
- Accounts · 1,747 to 1,798Feb 21, 2024 to Feb 28, 2025
- HNW clients · 181 to 198Feb 21, 2024 to Feb 28, 2025
- Pension plan clients · 14 to 15Feb 21, 2024 to Feb 28, 2025
- Assets in custody · 6455723.0 to unsetFeb 21, 2024 to Feb 28, 2025
- Financial planning clients · 1-10 to 1-10Feb 21, 2024 to Feb 28, 2025
- Discretionary RAUM · $511M to $590MFeb 21, 2024 to Feb 28, 2025
- HNW RAUM · $436M to $505MFeb 21, 2024 to Feb 28, 2025
- Individual RAUM · $89.6M to $95.8MFeb 21, 2024 to Feb 28, 2025
- Non-discretionary RAUM · $32.4M to $35.5MFeb 21, 2024 to Feb 28, 2025
- Pension RAUM · $17.8M to $21.1MFeb 21, 2024 to Feb 28, 2025
- RAUM · $544M to $625MFeb 21, 2024 to Feb 28, 2025
- Accounts · 1,549 to 1,747Dec 6, 2023 to Feb 21, 2024
- Advisory employees · 5 to 6Dec 6, 2023 to Feb 21, 2024
- HNW clients · 156 to 181Dec 6, 2023 to Feb 21, 2024
- Individual clients · 201 to 239Dec 6, 2023 to Feb 21, 2024
- Pension plan clients · 10 to 14Dec 6, 2023 to Feb 21, 2024
- Assets in custody · unset to 6455723.0Dec 6, 2023 to Feb 21, 2024
- State-registered IARs · 6 to 7Dec 6, 2023 to Feb 21, 2024
- Discretionary RAUM · $403M to $511MDec 6, 2023 to Feb 21, 2024
- HNW RAUM · $340M to $436MDec 6, 2023 to Feb 21, 2024
- Individual RAUM · $69.8M to $89.6MDec 6, 2023 to Feb 21, 2024
- Non-discretionary RAUM · $20.6M to $32.4MDec 6, 2023 to Feb 21, 2024
- Pension RAUM · $13.6M to $17.8MDec 6, 2023 to Feb 21, 2024
- RAUM · $423M to $544MDec 6, 2023 to Feb 21, 2024
- Accounts · 1,445 to 1,549Oct 31, 2022 to Mar 14, 2023
- Advisory employees · 6 to 5Oct 31, 2022 to Mar 14, 2023
- Charity clients · 3.0 to unsetOct 31, 2022 to Mar 14, 2023
Signals
5 dated events
- Ballast, Inc. reported RAUM $543.9M, up 28% from $423.4M (2023-12-06 to 2024-02-21)Feb 21, 2024 · RAUM change · derived
- Ballast, Inc. reported RAUM $463.0M, up 29% from $358.4M (2021-09-07 to 2022-03-04)Mar 4, 2022 · RAUM change · derived
- Edmund Jeffrey Lehmann (Chief Compliance Officer) appeared on Schedule A of Ballast, Inc.Sep 11, 2020 · Control person joined · fact
- Joe Billy Carroll (Chief Compliance Officer) no longer on Schedule A of Ballast, Inc. (listed 2020-06-29, absent 2020-09-11)Sep 11, 2020 · Control person left · inference
- Boardman Wealth Planning, Inc. filed its initial SEC registration (Form ADV)Apr 16, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- info@ballastplan.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 859-226-0625reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/ballastplanreportedpublic record, Form ADV, Sep 17, 2026
- Website
- BALLASTPLAN.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 859-226-0625reportedpublic record, Form ADV, Jul 14, 2026
- Team page
- ballastplan.com/teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $93.9Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026