Balanced Investment Advisors, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$41,460,911
Clients
58
Advisors
2
of 2 employees
About
Balanced Investment Advisors, LLC serves primarily individual clients, including high‑net‑worth households, and provides discretionary asset management, financial planning, and retirement-plan services. The firm also offers variable annuity sub-account management and one‑time or ongoing planning engagements.
BIA generally manages accounts on a discretionary basis, tailoring portfolios to clients’ stated goals, time horizons, and risk tolerances and using fundamental analysis alongside diversified holdings such as equities, fixed income, mutual funds and ETFs. Accounts are monitored and reviewed regularly, householded for billing and rebalancing, and the firm supplements advice with educational resources for clients.
Distinctive features disclosed in the firm brochure include a prior FINRA enforcement matter involving a supervised person and an affiliated insurance business through which personnel may recommend insurance products and receive commissions; both are explicitly disclosed as potential conflicts of interest. The combination of ERISA 3(21)/3(38) plan services, direct management of variable annuity sub‑accounts, and the practice of holding public seminars or workshops further differentiates the firm from many peers of similar size.
Client services
Expertise
Occupation focus
Fee options
Financial planning one-time consultation fees range from $250 to $8,500 based on hourly rate.
$0 - $1,000,000: 2.50% annually $1,000,001 - $2,000,000: 2.40% annually $2,000,001 - $3,000,000: 2.25% annually $3,000,001 - $4,000,000: 1.90% annually $4,000,001 - $5,000,000: 1.65% annually $5,000,001+: 1.35% annually
Investment Advisor Representatives receive commissions on insurance products; less than 20% of time on insurance activities.
$250 per hour for financial planning, one-time consultations ranging $250 - $8,500 (negotiable)
Main office
Armstrong Center 222 Third Ave SE
Cedar Rapids IA 52401
Advisors at this office
2
Most active in
Iowa · Texas
Also doing business as
Balanced Investment Advisors, LLC · Balanced Investment Company, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
David K
ChFC®, Series 63
Cedar Rapids, IA
Balanced Investment Advisors, LLC
David Knutson is a financial advisor at Balanced Investment Advisors, LLC with 39 years of industry experience. He holds the ChFC® and Series 63 designations. His prior experience includes roles at VOYA Financial Advisors, Inc. and CoreCap Investments, Inc. Balanced Investment Advisors provides discretionary portfolio management and financial planning primarily for individual and high-net-worth clients, as well as retirement plans. The firm’s investment approach is discretionary, based on client objectives and risk tolerance, with regular account reviews that include rebalancing and tax-loss harvesting.
Suresh B
Series 63, Series 65
Cedar Rapids, IA
Balanced Investment Advisors, LLC
Suresh Basnet is a financial advisor with Balanced Investment Advisors, LLC, holding Series 63 and Series 65 licenses and bringing 19 years of industry experience. His prior roles include positions at Purshe Kaplan Sterling Investments, CoreCap Investments, and Voya Financial Advisors. Basnet is also a managing member of Balanced Investment Company, LLC, where he is involved in insurance brokerage activities. Balanced Investment Advisors provides discretionary portfolio management and financial planning primarily for individual clients, including high-net-worth households, and retirement plans. The firm employs a discretionary investment approach based on client objectives, risk tolerance, and fundamental analysis, with regular account reviews that incorporate rebalancing and tax-loss harvesting.
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