Vilis Pasts is a registered investment advisor at Bts Asset Management, INC., based in Lexington, MA, with 55 years of industry experience. Vilis operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 599 clients with $190M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
BTS Asset Management charges a percentage of your portfolio annually, with rates varying based on the specific investment strategy and the amount you invest. Fees also depend on whether you came to BTS directly or through a financial representative. Here's a general overview of how the fees work:
- Tactical Asset Allocation Portfolios: Higher fees, starting at 1.25% for smaller accounts.
- Strategic Asset Allocation Portfolios: Lower fees, starting at 0.60% for smaller accounts.
- Multi-Strategy Portfolios: Fees start at 1.00% for smaller accounts.
- Strategic Income Portfolio: Fees start at 0.30% for smaller accounts.
- Managed Income Portfolio: Fees start at 0.65% for smaller accounts.
- Gold Tactical Asset Allocation Portfolio: Fees start at 0.65% for smaller accounts.
- Tax-Advantaged Bond Asset Allocation and Municipal High-Yield Bond portfolios: Fees start at 0.65% for smaller accounts.
- Enhanced Equity Income Portfolio: Fees start at 0.55% for smaller accounts.
Keep in mind that these are just starting points, and the exact fee you pay will depend on your specific situation. Also, there may be additional fees charged by the funds themselves or by the custodian holding your assets.
Location
420 Bedford St., Suite 340, Lexington, MA, 02420
Get directionsHistory
Regulatory History (6)
Regulatory
September 1997Regulatory
September 1992Regulatory
August 1987Regulatory
June 1985Regulatory
June 1985Regulatory
March 1982Other Business Activities
Vilis is involved in portfolio analysis and research at BTS Asset Management, dedicating about half his time to this activity. He also owns rental property through Hunter Creek Real Estate Company, but spends minimal time on it outside of business hours.
Employment History
Current Registrations
Bts Asset Management, INC.
Previous Registrations
Bts Securities CorporationBroker
Independent Financial Planners CorporationBroker
Independent Securities CorporationBroker
Chubb Securities CorporationBroker
Independent Securities CorporationBroker
F. L. Putnam & Company, INC.Broker
Cg Equity Sales CompanyBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.