Ballast Rock Private Wealth

Ballast Rock Private Wealth LLC is a Limited Liability Company established in May 2022, with principal ownership by Ballast Rock Holdings LLC, primarily owned by Thomas Eldredge Carroll-Connell. The firm offers portfolio management services tailored to individual client goals, risk tolerance, and time horizon. Clients receive Investment Policy Statements outlining their current situation and aiding in portfolio selection. BRPW requests discretionary authority to manage securities and execute transactions in line with fiduciary duties. The firm provides financial planning services at no additional cost to portfolio management clients and offers pension consulting services. Investment advice is focused on mutual funds, fixed income securities, real estate funds, equities, and more. BRPW acts as a fiduciary, obligated to act in clients' best interests, with fees based on a tiered schedule ranging from 0.50% to 1.50% of assets under management. Clients may impose restrictions on investments, and BRPW does not participate in wrap fee programs. The firm reports $202,197,589 in discretionary assets under management and $36,002,744 in non-discretionary assets as of December 31, 2024. Clients receive quarterly reports and have the option to use Charles Schwab as a custodian/broker. BRPW does not accept performance-based fees, and clients have the freedom to purchase recommended products through other brokers. The firm discloses potential conflicts of interest related to its financial industry activities and affiliations.