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 Rock Private Wealth
Legal name Ballast Rock Private Wealth LLC
Latest filing Mar 6, 2026
First filing on the tape Jun 1, 2022 · 24 filings
SEC status approved since Mar 8, 2024
RAUM
$406M
reported, Item 5.F
Discretionary
89%
of RAUM
Private clients
95%
$385M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$45.1M
derived; firm RAUM over IAPD count
Employees
9
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$406M as of Mar 6, 2026
Mar 29, 2023$32.3M then
HNW client RAUM$303M as of Mar 6, 2026
Mar 29, 2023$24.8M then
State-registered IARs (5.B.3)8 as of Mar 6, 2026
Mar 29, 20235 then
Employees (5.A)9 as of Mar 6, 2026
Mar 29, 20236 then
Private funds: no history
RAUM +70% over the last fiscal year+132% a year over threeIARs 6 to 8
Practice profile
derived from the filing of Mar 6, 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
- RAUM per advisor
- $45.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 26derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.2MderivedHNW RAUM over HNW clients
- Average account
- $631,989derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 89%derivedof RAUM
- Institutional
- 1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +70%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.4%derived
- Compensation
- percentage of assets, commissionsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
- Custody
- $101M, 89 clientsreportedItem 9.A
- 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
- is an insurance broker or agent (6.A.6)
- 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)
- compensates persons for client referrals (8.G.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$303M75%
- Individuals$81.8M20%
- Corporations and businesses$16.9M4.2%
- Pension and profit-sharing plans$4.3M1.1%
- Individual clients
- 140reported
- HNW clients
- 95reported
- Pension plan clients
- 2reported
- Charitable clients
- 0reported
- Accounts
- 642reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $101M for 89 clientsreported
- Compensation
- % of AUM, commissionsreported
- Class basis
- private_client_share=0.95 fund_share=0.0 institutional_share=0.01 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Andrew James Mescon | Encinitas, Ca | Nov 4, 2022 | 24 y | 2 |
| Scott Alan McclatcheyCertified Financial Planner | Charleston, Sc | Oct 27, 2023 | 20 y | 3 |
| Christian Dan Salomone | Charleston, Sc | Mar 22, 2024 | 27 y | 1 |
| Jason Michael Thonssen | Kirkland, Wa | Mar 22, 2024 | 10 y | 3 |
| James Bernard Carroll | Charleston, Sc | Mar 24, 2024 | 29 y | 3 |
| Jamie E Carroll | Monroe, La | Nov 12, 2024 | 11 y | 1 |
| Troy John Davidson | Rancho Santa Margarita, Ca | Apr 16, 2025 | 17 y | 5 |
| Brooke Meredith Courtney | Carlsbad, Ca | Dec 23, 2025 | 11 y | 0 |
| Jake Hunter Fetchen | Mt Pleasant, Sc | May 21, 2026 | 12 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 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
- Jake Hunter Fetchen from 49 FinancialMay 21, 2026 · RIA to RIA
- Troy John Davidson from Charles Schwab & Co., Inc.Apr 16, 2025 · Affiliated broker-dealer or bank to independent RIA
- Jamie E Carroll from Merrill Lynch, Pierce, Fenner & Smith IncorporatedNov 12, 2024 · Wirehouse to independent RIA
- Scott Alan Mcclatchey from Wwm FinancialOct 27, 2023 · RIA to RIA
- James Bernard Carroll from Tidal Investments LLCSep 12, 2023 · Other
- Andrew James Mescon from Integrity Financial CorporationNov 4, 2022 · RIA to RIA
- Jason Michael Thonssen from Coldstream Wealth ManagementAug 24, 2022 · RIA to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- A Dirk Hall · Chief Operating Officercontrolsince 11/2022 · owns less than 5%
- James Andrew Mescon · Ceocontrolsince 09/2022 · owns less than 5%
- Michael Jason Thonssen · Chief Compliance Officercontrolsince 08/2022 · owns less than 5%
- Eldredge Thomas Carroll-Connell · Ownercontrolsince 07/2018 · owns 75% or more of Ballast Rock Holdings LLC
- Eldredge Thomas Carroll-Connell · Managing Membersince 05/2022 · owns less than 5%
- Dan Christian Salomone · Ciosince 12/2023 · owns less than 5%
Entity owners
- Ballast Rock Holdings LLC · Businessdirect · owns 75% or more
Related persons
Schedule D 7.A
- Ballast Rock Capital LLCbroker-dealern
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Charleston, Sc · principal | 9 | 2 | 0 | ||
| Carlsbad, Ca | 2 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 6, 2026custody of client assets (Item 9.A): no on the filing of 2025-12-02, yes on the filing of 2026-03-06peers: independent wealth managers, $100M to $500M (5,676)
- RAUM up 50 %Change between filings · filing Mar 6, 2026RAUM (Item 5.F) moved from $238,200,333 to $405,737,187 (+70.0%) between the annual amendments of 2025-03-14 and 2026-03-06; the peer median change was +15.0% (4551 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 528 to 642Dec 2, 2025 to Mar 6, 2026
- Advisory employees · 6 to 8Dec 2, 2025 to Mar 6, 2026
- BD registered reps · 1 to 2Dec 2, 2025 to Mar 6, 2026
- Corporate clients · 10 to 14Dec 2, 2025 to Mar 6, 2026
- HNW clients · 80 to 95Dec 2, 2025 to Mar 6, 2026
- Individual clients · 143 to 140Dec 2, 2025 to Mar 6, 2026
- Pension plan clients · unset to 2.0Dec 2, 2025 to Mar 6, 2026
- Assets in custody · unset to 100690632.0Dec 2, 2025 to Mar 6, 2026
- Custody of client assets · false to trueDec 2, 2025 to Mar 6, 2026
- Employees · 10 to 9Dec 2, 2025 to Mar 6, 2026
- Financial planning clients · 11-25 to 26-50Dec 2, 2025 to Mar 6, 2026
- State-registered IARs · 6 to 8Dec 2, 2025 to Mar 6, 2026
- Discretionary RAUM · $202M to $362MDec 2, 2025 to Mar 6, 2026
- HNW RAUM · $154M to $303MDec 2, 2025 to Mar 6, 2026
- Individual RAUM · $69.6M to $81.8MDec 2, 2025 to Mar 6, 2026
- Non-discretionary RAUM · $36.0M to $43.8MDec 2, 2025 to Mar 6, 2026
- Pension RAUM · $6.5M to $4.3MDec 2, 2025 to Mar 6, 2026
- RAUM · $238M to $406MDec 2, 2025 to Mar 6, 2026
- Accounts · 407 to 528Nov 12, 2024 to Mar 14, 2025
- Corporate clients · 0 to 10Nov 12, 2024 to Mar 14, 2025
- HNW clients · 36 to 80Nov 12, 2024 to Mar 14, 2025
- Individual clients · 154 to 143Nov 12, 2024 to Mar 14, 2025
- Financial planning clients · 11-25 to 11-25Nov 12, 2024 to Mar 14, 2025
- Discretionary RAUM · $144M to $202MNov 12, 2024 to Mar 14, 2025
- HNW RAUM · $124M to $154MNov 12, 2024 to Mar 14, 2025
- Individual RAUM · $42.5M to $69.6MNov 12, 2024 to Mar 14, 2025
- Non-discretionary RAUM · $26.6M to $36.0MNov 12, 2024 to Mar 14, 2025
- Pension RAUM · $1.6M to $6.5MNov 12, 2024 to Mar 14, 2025
- RAUM · $171M to $238MNov 12, 2024 to Mar 14, 2025
- Accounts · 225 to 407Feb 6, 2024 to Mar 22, 2024
- Advisory employees · 5 to 6Feb 6, 2024 to Mar 22, 2024
- Individual clients · 155 to 154Feb 6, 2024 to Mar 22, 2024
- Employees · 7 to 10Feb 6, 2024 to Mar 22, 2024
- Financial planning clients · 1-10 to 11-25Feb 6, 2024 to Mar 22, 2024
- State-registered IARs · 5 to 6Feb 6, 2024 to Mar 22, 2024
- Discretionary RAUM · $74.2M to $144MFeb 6, 2024 to Mar 22, 2024
- HNW RAUM · $24.8M to $124MFeb 6, 2024 to Mar 22, 2024
- Individual RAUM · $73.8M to $42.5MFeb 6, 2024 to Mar 22, 2024
- Non-discretionary RAUM · $27.4M to $26.6MFeb 6, 2024 to Mar 22, 2024
- Pension RAUM · $2.9M to $1.6MFeb 6, 2024 to Mar 22, 2024
Signals
5 dated events
- Ballast Rock Private Wealth reported RAUM $405.7M, up 70% from $238.2M (2025-12-02 to 2026-03-06)Mar 6, 2026 · RAUM change · derived
- A Dirk Hall (Chief Operating Officer) appeared on Schedule A of Ballast Rock Private WealthMar 29, 2023 · Control person joined · fact
- James Andrew Mescon (Ceo) appeared on Schedule A of Ballast Rock Private WealthSep 1, 2022 · Control person joined · fact
- Michael Jason Thonssen (Chief Compliance Officer) appeared on Schedule A of Ballast Rock Private WealthAug 17, 2022 · Control person joined · fact
- Ballast Rock Private Wealth Llc filed its initial SEC registration (Form ADV)Jun 1, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Ballast Rock Private Wealth · Private Equityshared crd · intermediary
How to reach
public business contact points only, each with its source
- Business email
- contact@ballastrockpw.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 800-204-2513reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/ballast-rock-private-wealthreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ballastrockpw.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (800) 204-2513reportedpublic record, Form ADV, Mar 6, 2026
- Contact form
- ballastrockpw.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- ballastrockpw.com/our-peoplereportedpublished 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
- $45.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026