BALLAST EQUITY MANAGEMENT, LLC INVESTMENT STRATEGIES OFFERED ON THE SMARTX PLATFORM
Oakbrook Terrace, IL – July 2021 – Ballast Equity Management, LLC, a registered investment advisor, today announced their investment strategies are now available on SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (TAMP). The relationship with SMArtX will enable Ballast’s Quality Value Smallcap and Quality Value Midcap strategies to be accessed by the broker/dealers and wealth advisors utilizing the SMArtX platform.
“Prior to founding Ballast, our team had a long history of serving advisors and their clients through the management of small and mid-cap portfolios. We are thrilled to reestablish many of those relationships while embracing the technology offered by SMArtX, who shares our vision and commitment to the highest industry standards” said Jeff Kautz, CEO of Ballast.
Employing its proprietary technology, SMArtX helps clients to reduce the time and monetary costs of operating their investment management business. SMArtX’s simple user interface allows clients to allocate in real-time to Ballast’s strategies in a model delivery unified managed account (‘UMA’). Their technology provides a scalable resource for advisors to build highly diversified portfolios and deploy them at scale across client accounts, providing a key distribution resource. Two of the Ballast Quality Value strategies are now available through the SMArtX platform, the Quality Value Smallcap and Quality Value Midcap strategies.
“We are excited to expand the selection of investment strategies available to advisors, providing asset managers with a new and diverse way to scale distribution while giving our clients access to top quality asset managers” said Evan Rapoport, CEO of SMArtX. “We look forward to working with them to provide advisors with the long-only small and mid-cap equity strategies they offer.”
The addition of Ballast Equity Management on the SMArtX platform positions the firm to continue on its path of significant recent growth. Ballast’s assets under management and administration have experienced a twofold increase over the past quarter to approximately $98 million, with significant growth in institutional client assets in its Quality Value Smallcap strategy.
About Ballast Equity Management, LLC
Ballast Equity Management is an employee-owned asset management firm that invests alongside its clients in high conviction portfolios of quality small and mid-capitalization businesses. Ballast manages these portfolios of publicly traded companies for individuals, family offices and institutions. Based in Oakbrook Terrace, Illinois, Ballast was founded in 2016 by Jeff Kautz and Randy Hughes, investment professionals who previously held senior roles at Perkins Investment Management and have invested together for over 20 years. More information may be found at www.ballastequity.com.
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is the next generation managed accounts technology provider and manages SMArtX, a turnkey asset management platform and the only platform to seamlessly offer a traditional, alternative, and passive direct index strategies in a unified managed account structure. The firm also uses its proprietary trading and managed accounts technology to power SS&C Advent’s integrated unified managed account solution. Learn more about SMArtX Advisory Solutions at www.smartxadvisory.com.