Peter Schanck
Peter Schanck is a registered investment advisor at Ballast Financial Advisors, LLC, based in Annapolis, MD, with 22 years of industry experience. Peter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Investment Management, and 2 more. Their firm serves 564 clients with $280M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ballast Financial Advisors charges a fixed fee for asset management services, based on the scope and complexity of the client's situation. This fee will not exceed $10,000 annually or the equivalent of 1.2% of the value of your portfolio. Fees are billed monthly, based on the average daily value of the account. For accounts managed by third-party managers, this fee is in addition to any fees charged by the third-party manager.
Location
1910 Towne Centre Blvd., Suite 250, Annapolis, MD, 21401
Get directionsHistory
Regulatory History (8)
Regulatory
November 1993Customer Dispute
August 1993Employment Separation After Allegations
February 1993Customer Dispute
December 1992Regulatory
September 1986Customer Dispute
January 1985Customer Dispute
September 1984Customer Dispute
Other Business Activities
Peter is an investment adviser representative at Ballast Financial Advisors, LLC since November 2020.