Donald Ballai
Donald Ballai is a registered investment advisor at South Lane Wealth Management LLC, based in Ringoes, NJ, with 15 years of industry experience. Donald operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 42 clients with $53M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Fees are negotiable. Multi-employee 401k fee is 0.75%.
Fee Estimator
Location
Ringoes, NJ
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Donald is licensed to sell various insurance products, including life insurance, annuities, and long-term care, in multiple states, which presents a conflict of interest with his fiduciary duties as a registered investment advisor. He is also involved in several other businesses, including South Lane Advisors LLC, a consultation business for medical practices, Life's Essential Documents LLC, and Apptitude LLC, a company focused on developing medical applications.
Employment History
Current Registrations
South Lane Wealth Management LLC
Previous Registrations
Legacy Investment Advisors, LLC
State Registrations2 states
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.