PP
Paul L. Parnell
BALLAST ADVISORS
Woodbury, MN 55125
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CRD#: 2704387
PP
Professional summary
Paul Louis Parnell is a registered financial advisor currently at BALLAST ADVISORS, LLC located in Woodbury, Minnesota.
Paul is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1996. Paul has worked at 3 firms and has passed the Series 66, Series 63, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1.Business Ownership; Parnell & Company, Inc.; Owner; Commercial Real Estate; No Investment Related; June 2010; 1-9 hours per month; 1-9 during trading hours/ PLP Holding Co Inc.; President/Chief Manager; Real Estate; Woodbury, MN 55125; Not Investment Related; Nov 2010; 1-9 hours per month; 0 during trading hours/ Parnell & Associates; Owner; Company that owns shares of advisory practice; Investment Related; Jan 2011; 5 hours per month; 5 during trading hours/ Ballast Tax and Business Services, LLC; Owner; Woodbury, MN 55125; Not Investment Related; January 2018; 1-9 hours per month; 0 during trading hours. 2.Boards of Directors; Commons Showroom 1 Association; Association for the complex where property owned by Parnell & Company is located; President; Woodbury, MN 55125; 1-9 Hours per month; 0 during trading hours; Not investment related; November 2018 3.Fiduciary Activities; Named or act in a fiduciary capacity; such as attorney-in-fact, trustee, conservator, guardian, executor or personal representative. POA for parents. 4.Tax Activities; Ballast Tax and Business Services, LLC; Referrals for tax services. Name changed from Kanne CPAs, LLC; January 2018; Not Investment Related. 5.Independent Insurance Agent with various insurance companies; Investment Related.
CRS (Client Relationship Summary) - RIA
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Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
February 2, 2017 - Present
BALLAST ADVISORS, LLC
Office #1: 683 Bielenberg Drive Suite 208, Woodbury, MN 55125RIA
CRD#: 285991
Woodbury, MN
Past
July 15, 2003 - February 7, 2017
AMERIPRISE FINANCIAL SERVICES, LLC
RIA
CRD#: 6363
WOODBURY, MN
Past
April 22, 1996 - July 3, 2006
IDS LIFE INSURANCE COMPANY
BD
CRD#: 6321
MINNEAPOLIS, MN
Past
April 22, 1996 - February 7, 2017
AMERIPRISE FINANCIAL SERVICES, LLC
BD
CRD#: 6363
WOODBURY, MN
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
BA
BALLAST ADVISORS, LLC
ASHER ADVISORS, LLC | BALLAST INSURANCE SERVICES | BALLAST ADVISORS, LLC
CRD#: 285991 / SEC#: 801-108984
RIA
Registered Investment Advisory firm - (1/19/2017 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Florida(6/22/2023)
IAR
Minnesota(2/2/2017)
IAR
Texas(2/2/2017)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
BA
BALLAST ADVISORS, LLC
ASHER ADVISORS, LLC | BALLAST INSURANCE SERVICES | BALLAST ADVISORS, LLC
CRD#: 285991 / SEC#: 801-108984
RIA
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Contact information
Main Address
683 Bielenberg Drive Suite 208, Woodbury, MN 55125
Mailing Address
Phone number
(651) 478-4644
Established
Firm type
Fiscal year end
# of Employees
15
SEC notice filing (22 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 2,449 |
| AUM (Assets Under Management) | $ 587,590,759 |
Red Flags
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Company Information
BALLAST ADVISORS, LLC
CRD#: 285991Woodbury, MN 55125TRUST BUT VERIFY
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