Ballast Rock Private Wealth Press
Key stories and press releases related to Ballast Rock Private Wealth.

Advisors handicap the brewing battle between Trump and Powell
CIO Christian Salomone speaks to InvestmentNews about how advisors are thinking about the brewing battle between Trump and Powell.

US stocks nosedive as Trump harangues Powell
April 21 (Reuters) - Wall Street stocks skidded on Monday after U.S. President Donald Trump doubled down on attacks against Federal Reserve Chair Jerome Powell, amplifying concerns about the central bank's autonomy and rattling markets.

Advisors discuss the best ways to grow AUM during an economic downturn
COO Dirk Hall speaks to InvestmentNews as a new study shows recessions to be a ripe time to prospect for new clients. Advisors highlight the best ways to add AUM when the economy slows.

Tariffs Are Roiling Markets. Here’s What Financial Advisors Are Telling Clients.
A key gauge of fear remains at elevated levels amid the bumpy rollout of tariffs. Here’s how advisors are helping clients navigate the uncertainty.

Powell says Fed remains in wait-and-see mode; markets processing policy shifts
U.S. Federal Reserve chair Jerome Powell said Wednesday that the Fed would wait for more data on the economy's direction before changing interest rates, and characterized recent market volatility as a logical processing of the Trump administration's dramatic shifts in tariff policy.

Former Schwab advisor joins Charleston RIA Ballast Rock
Ballast Rock Private Wealth, based in Charleston, said Thursday that Troy Davidson joined the firm as an advisor to high net worth and ultra-high net worth clients. Ballast Rock said he managed $480m in assets at Schwab, where he formerly worked as a financial consultant based in Newport Beach, Calif.

Investors in high anxiety mode after painful week
Trillions of dollars in market prices alternately have been wiped off and added back to portfolios, leading to high anxiety among investors and a move by some to dial down risky positions as they wait to see how the Trump administration's policy on tariffs shakes out.

Investors resume flight from US stocks, no respite in sight from tariff chaos
Wall Street's most watched gauge of investor anxiety jumped to a new eight-month high on Monday as U.S. stocks extended their selloff from last week on worries over the fallout from U.S. President Donald Trump's tariff policy.

Wealth managers weigh options after Trump's 90 day tariff pause
CEO Andrew Mescon speaks to InvestmentNews as stocks soar after President Trump delayed his full tariff plan for 90 days, leaving financial advisors wondering what to do during the interim.

How One Advisor Is Helping Clients Navigate Tariff Upheaval
With President Donald Trump's tariffs on most of the world wiping out $9.5 trillion in stock market value over three days, advisors are fielding questions from spooked clients about how to position their portfolios.

Wall Street 'fear gauge' flashes red as stocks extend selloff
Wall Street's most watched gauge of investor anxiety jumped to a new eight-month high on Monday as U.S. stocks extended their selloff from last week on worries over the fallout from U.S. President Donald Trump's tariff policy.

Financial Fact vs Fiction: This Roth Conversion Myth Could Cost You
While some 'golden rules' stay in style forever, the financial landscape is constantly evolving. Here are five common myths to revisit (with more on the way).

The Potential Impact of Trump’s Tariffs on Retirement Accounts
Experts touch on what younger investors and near retirees should be doing to protect their retirement savings today from tariffs.

CityWire Due Diligence Report: Private Credit - March 2025
As the private credit market expands, often into more challenging terrain, we explore the key junctures of a robust due diligence process.

Advisors seek transparency as RobinHood is investigated
CEO Andrew Mescon speaks to InvestmentNews about the need for transparency in DIY investing as RobinHood faces investigation.

Alternative Investments Muddy Tax Filing, Advisors Say
The nature of alternative investments, typically structured as limited partnerships or LLCs, can lead to delayed K-1 issuance, complicating tax filing processes, especially with non-resident state tax returns and additional state K-1 forms.

Tariffs: The “Threaten-Levy-Roll Back” Cycle
Christian Salomone - BRPW CIO - speaks to Connect Money about the key takeaways on Trump's tariff strategy.

How Does Your Social Security Benefit at 65 Compare?
At age 65, many retirees find themselves relying on a combination of Social Security benefits and retirement savings to make ends meet, with the average Social Security payment at $1,583 per month. While Social Security provides a safety net, it was never designed to fully replace income, and for most, it falls short of covering basic living expenses.

“Shifting the Mindset” on Talent: Q&A with Jamie Carroll
Jamie Carroll, shared her thoughts on what drew her to financial advisory, how the industry can improve to attract top female talent, and what changes within the space have affected her most, among other topics.
