Ballew Advisors Inc is a large advisory firm based in Jackson. It manages $571.23 million of regulatory assets for 1,086 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Georgia, Louisiana, and 6 other states.
Ballew Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ballew Advisors Inc is $571.23 million. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Ballew Advisors Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of James Albert Hurt is individuals with 996 clients and $399.31 million of assets under management. Among the 10 most similar advisory firms, Ballew Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $571.23 million for 1,082 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Ballew Advisors also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 10 people that are either part- or full-time employees. 90 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
James Albert Hurt has been acting as President since 1 Jan 2006. Mary Patricia Martin joined the executive team most recently as the Chief Compliance Officer.
The principal office where Ballew Advisors Inc performs its advisory services is located at 4800 I 55 North, Jackson, MS 39211 The mailing address of the firm is P.O. Box 14888, Jackson, MS 39236 4888. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 601-368-3500 or by fax 601-368-3555. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at ballewwealth.com/.