Ballew Advisors Inc

CRD#110522
Investment Advisor Firm

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Learn more about Ballew Advisors Inc

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Ballew Advisors Inc is located at 100 Vision Drive, Jackson, MS. The firm employs 6 financial advisors to manage client portfolios and provide financial guidance. Ballew Advisors Inc is not a registered broker-dealer.

    Ballew Advisors Inc oversees $1.0 billion in assets under management across 1,668 accounts, of which 1,667 are discretionary and 1 is non-discretionary. Over the past year, the firm has provided financial planning services to between 26 and 50 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, and publication of newsletters. The firm caters to retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations, and corporations, with retail investors being the largest client type by accounts. The fee structure at Ballew Advisors Inc includes asset-based and other fees. The firm has 20 high net worth clients and maintains affiliations with a broker-dealer or securities dealer and an insurance company or agency.

    Ballew Advisors Inc is registered in the states of Alabama, Louisiana, Mississippi, Tennessee, Texas, South Carolina, Alaska, Florida, Missouri, Georgia, North Carolina, and Oklahoma.

    Assets Under Management

    $1.0 billion

    Number of Advisors

    6

    Disclosures

    No

    Office Location

    100 Vision Drive
    Jackson, MS 39211

    Ballew Advisors Inc by the Numbers

    Total Assets Under Management

    $1.0 billion

    National Average: $8.6 billion
    Total Number of Employees

    11

    National Average: 64
    Total Number of Accounts

    1,668

    National Average: 375,227
    Average Account Size

    $625.4 thousand

    National Average: $23.0 thousand
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    Products and Services

    Ballew Advisors Inc offers multiple financial services, which can include financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, and publication of newsletters. In the prior financial year, Ballew Advisors Inc provided financial planning services to 26-50 of its customers. It is engaged in selling products or offering services different than investment advisory services to its clients.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Find a firm that offers this service

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Offered by 3% of firms

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Find a firm that offers this service

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Fees for financial advisory services usually depend on which service is provided. Fees charged by Ballew Advisors Inc most likely include some blend of the following fee types: asset-based or other.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

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    Types of Clients

    The firm does business with a number of different investors. It provides services to retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations, and corporations. Out of its 6 clients, Ballew Advisors Inc's biggest client group by number of accounts is pension plans, but it also manages money for 20 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 1.62%
    • Other Individuals - 88.91%
    • Corporations - 9.07%
    • Charitable Organizations - 0.4%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Ballew Advisors Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Ballew Advisors Inc

    Sherry Mosley
    Jackson, MS
    Alan Mccormick
    Jackson, MS
    James Hurt
    Jackson, MS
    Clyde Mosley
    Jackson, MS
    Robert Rives
    Jackson, MS
    Thomas Dale
    Jackson, MS
    Karl Byrd
    Jackson, MS

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