Wealth manager, independent · Charleston, SC
Ballast Rock Private Wealth
Ballast Rock Private Wealth LLC · SEC-registered investment adviser · CRD 322064 · SEC 801-129645
At a glance
Ballast Rock Private Wealth is an SEC-registered investment adviser based in Charleston, South Carolina, with $406 million in regulatory assets under management as of its Form ADV filed March 6, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 235 individual clients. By Form ADV it is a wealth manager, ranked 3,442nd of 8,915 wealth managers and 8,719th of 17,210 SEC-registered advisers by assets.
Main office 800-204-2513ballastrockpw.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $406M
- Rank among wealth managers
- #3,442 of 8,915
- Rank among all SEC RIAs
- #8,719 of 17,210
- Rank in South Carolina
- #44 of 116
- Individual clients
- 235
- High-net-worth clients
- 95
- Accounts
- 642
- Discretionary
- 89% of AUM
- Employees
- 9
- Advisory staff
- 8
- Offices
- 1
Owners and executives on its Form ADV
- Jason M. ThonssenChief Compliance Officer
- Andrew J. MesconCEO
- Christian D. SalomoneCIO
- Simon O'SheaChief Investment Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Ballast Rock Private Wealth is a hybrid RIA: 2 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Ballast Rock Capital LLC.
- Ballast Rock Capital LLC ↗CRD 322170
Its Form ADV brochure (filed March 2026) names Ballast Rock Capital as the broker-dealer its advisers are registered with.
Thomas Eldredge Carroll, in-direct owner of BRPW, and Christian Salomone , Investment Adviser Representative of BRPW, are also registered representatives of Ballast Rock Capital LLC.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 95 | $303M | 75% |
| Individuals | 140 | $82M | 20% |
| Corporations or other businesses | 14 | $17M | 4% |
| Pension and profit sharing plans | 2 | $4M | 1% |
Disciplinary disclosures
Ballast Rock Private Wealth reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
How it’s paid
- A percentage of assets under management
- Commissions
Form ADV and brochures on the SEC’s adviser search ↗ballastrockpw.com ↗
AtlasMembers
The full record on Ballast Rock Private Wealth
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 3 years of filings
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- Growth over one, three and five years
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- Rank against 5,989 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Ballast Rock Private Wealth manage?
Ballast Rock Private Wealth reports $406 million in regulatory assets under management across 642 accounts, 89% of it on a discretionary basis, on its Form ADV filed March 6, 2026.
What kind of firm is Ballast Rock Private Wealth?
Ballast Rock Private Wealth is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Ballast Rock Private Wealth’s clients?
By assets, its largest client types are high-net-worth individuals ($303 million, 95 clients); individuals ($82 million, 140 clients); corporations or other businesses ($17 million, 14 clients).
Does Ballast Rock Private Wealth have any disciplinary history?
Ballast Rock Private Wealth reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Ballast Rock Private Wealth’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-06), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →