Balefire, LLC logo

Balefire, LLC

Updated today

Client assets under management

$1,049,854,792

Clients

1,757

13% high-net-worth

Advisors

37

of 38 employees

Firm type

Multi-team

30-300 advisors or >$3B in AUM

Clients per advisor

47

Low

Average account size

$597,527

About

Balefire, LLC is an SEC‑registered multi‑team investment adviser that serves individual investors (including high‑net‑worth clients), retirement plans, trusts, charities and business entities. The firm offers discretionary asset management, comprehensive financial planning, and ERISA corporate solutions across a multi‑advisor platform managing roughly $2 billion in regulatory assets.

The firm follows a core‑and‑tactical investment approach overseen by an Investment Committee, using third‑party models, CFA input, and a mix of separately managed accounts, mutual funds, ETFs, alternatives and private market securities. Balefire provides ongoing discretionary portfolio management, periodic rebalancing and model oversight, and may engage vetted sub‑advisors to manage portions of client portfolios tailored to individual goals and risk profiles.

Distinctive features noted in the brochure include that some Balefire advisors are concurrently registered representatives of an unaffiliated broker‑dealer (Integrity) and are licensed insurance agents, which can generate commissions or insurance commissions separate from advisory fees. The firm also discloses a 2015 SEC enforcement matter involving a predecessor entity and documents a formal Promoter program that uses compensated testimonials and written oversight and disclosure requirements.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers Educational seminars or workshops

Expertise

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer

Occupation focus

Founder/Business Owner Executive

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Fee options

Fixed

Financial Planning fees may be flat fee or project-based; no specific flat fee amounts clearly stated.

Commissions

Some advisors are also licensed insurance agents and registered representatives earning commissions on sales of insurance and securities products; commissions are separate and never charged simultaneously with advisory fees.

Project-based

Financial Planning Services may be charged hourly; specific rates not stated, example given $250/hour.

Other

Fee-only: Financial Planning fees are generally contracted on an hourly, project, or flat-fee basis; fees vary significantly depending on scope and duration; capped at $1,200 for services performed six or more months in the future.

Main office location

Balefire, LLC

14221 Dallas Parkway, Suite 100

Dallas TX 75254, United States

Number of offices

9

Most active in

Alabama · Arizona · California · Colorado · Florida · Georgia · Illinois · Iowa · Kansas · Minnesota · Mississippi · Montana · North Carolina · North Dakota · South Dakota · Tennessee · Texas · Washington · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Austin V

ChFC®, Series 63

Sioux Falls, SD

Balefire, LLC

Austin Vanhove is a financial advisor with Balefire, LLC, holding the ChFC® designation and Series 63 license, and has four years of industry experience. His prior roles include positions at Integrity Alliance, Lion Street Financial, PKS Investments, Fuse Partners, MWA Financial Services, and Modern Woodmen of America. Outside of his advisory work, he is a co-owner of Fitness First of Tea, a fitness gym. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities, offering discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm uses a team-based investment process with an Investment Committee that develops model portfolios through a core-plus-tactical approach and licensed third-party research.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Brian S

CFP®, Series 63, Series 65

Bettendorf, IA

Balefire, LLC

Brian Smith is a CFP® professional with 25 years of industry experience. He is currently with Balefire, LLC and has previously worked at Purshe Kaplan Sterling Investments, Fuse Partners, LLC dba VISIONPOINT ADVISORY GROUP, LLC, and LPL Financial, LLC. Smith is also the owner of Balefire Wealth, an RIA and advisory business serving clients in Bettendorf, IA. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities, providing discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm uses a team-based investment process with an Investment Committee that develops model portfolios employing a core-plus-tactical approach, leveraging licensed third-party research and various investment vehicles.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Jacki K

Series 63, Series 65

St Louis Park, MN

Balefire, LLC

Jacki Kolkman is a financial advisor at Balefire, LLC with three years of industry experience. She holds Series 63 and Series 65 licenses and previously worked at VisionPoint Group LLC and Accounting Resource Group. Outside of Balefire, she is a partner and investment adviser representative at Fuse Partners, LLC. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities with discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm uses a team-based investment process centered on an Investment Committee that develops model portfolios employing a core-plus-tactical approach and licensed third-party research.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Jacinta T

Series 63, Series 66

Dallas, TX

Balefire, LLC

Jacinta Thompson is a financial advisor with Balefire, LLC in Dallas, TX, holding Series 63 and Series 66 licenses and bringing 23 years of industry experience. Her prior work includes roles at Integrity Alliance, Lion Street Financial, Purshe Kaplan Sterling Investments, and LPL Financial LLC. She also serves as Vice President of Retirement Solutions at Fuse Partners, LLC, where she consults clients on retirement plans. Balefire serves individual and high-net-worth clients, as well as retirement plans, charitable organizations, trusts, and business entities, providing discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm utilizes a team-based investment process with an Investment Committee that develops model portfolios using a core-plus-tactical approach and licensed third-party research.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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George H

Series 63, Series 65

Ridgeland, MS

Balefire, LLC

George Hester is a financial advisor with Balefire, LLC, holding Series 63 and Series 65 licenses and bringing 41 years of industry experience. His career includes roles at Integrity Alliance, Lion Street Financial, Csenge Advisory Group, and Navitas Investment Advisory Services, among others. Outside of advising, he is involved in agricultural operations, owning and managing multiple farms and timber properties, and serves on nonprofit boards including the Mississippi Fellowship of Christian Athletes and the UNITE MS Foundation. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and businesses by providing discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm uses a team-based investment process with an Investment Committee that employs a core-plus-tactical approach and third-party research, customizing client relationships according to risk profiles and goals.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Christopher F

Series 63, Series 65

Ridgeland, MS

Balefire, LLC

Christopher Fay is a financial advisor with Balefire, LLC, holding Series 63 and Series 65 licenses and bringing 33 years of industry experience. His career includes roles at firms such as Integrity Alliance, Csenge Advisory Group, Lion Street Financial, and Navitas Wealth Advisors. He is an owner of Lion Street and AEG, both broker-dealer groups specializing in life insurance. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities by providing discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm employs a team-based investment process using model portfolios and licensed third-party research, offering customized client relationships with regular reviews and delegated discretionary authority.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Will K

Series 63, Series 65

Ridgeland, MS

Balefire, LLC

Will Knight is a financial advisor at Balefire, LLC with 20 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including Integrity Alliance, Csenge Advisory Group, Lion Street Financial, Kestra Financial Services, and NFP Securities. In addition to his advisory role, Knight owns a tax and accounting firm, Taylor, Powell, Wilson & Harford, P.A. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities with discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm employs a team-based investment process using a core-plus-tactical philosophy and licensed third-party research, customizing client relationships by risk profile and goals.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Ian G

Series 63, Series 65

Tampa, FL

Balefire, LLC

Ian Giovinco is a financial advisor with Balefire, LLC in Tampa, FL, holding Series 63 and Series 65 licenses and four years of industry experience. He has been involved with Omni Resource Group, Omni Financial Services, Securian Financial Services, and Minnesota Life Insurance Company since 2006. Outside of advisory work, he maintains an estate planning law practice and teaches continuing education courses. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities by providing discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm uses a team-based investment process with an Investment Committee that manages portfolios through a core-plus-tactical approach and licensed third-party research.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Erika W

CFP®, Series 63, Series 65

St. Louis Park, MN

Balefire, LLC

Erika Wood is a financial advisor at Balefire, LLC with 18 years of industry experience. She holds the CFP® designation as well as Series 63 and Series 65 licenses. Her prior experience includes roles at Purshe Kaplan Sterling Investments, LPL Financial, Principal Securities, and Principal Life Insurance. Outside of her advisory work, she serves as an assistant coach for a high school girls' swim team. Balefire, LLC serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities by providing discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm employs a team-based investment process with an Investment Committee that utilizes a core-plus-tactical philosophy and third-party research to customize client portfolios.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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John H

Series 63, Series 66

Dallas, TX

Balefire, LLC

John Hoffman is a financial advisor with Balefire, LLC in Dallas, TX, holding Series 63 and Series 66 licenses and bringing 25 years of industry experience. His career includes roles at VisionPoint Advisory Group, LPL Financial, and nearly two decades at Princor Financial Services Corporation and Principal Life Insurance Company. Outside of his advisory work, he is involved with Fuse Partners, LLC, an independent investment advisory firm. Balefire, LLC serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities with discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm employs a team-based investment process using a core-plus-tactical philosophy and licensed third-party research to customize portfolios according to client risk profiles and goals.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Daniel S

Series 65

St. Louis Park, MN

Balefire, LLC

Daniel Swenson is a financial advisor at Balefire, LLC with a Series 65 designation and over 15 years of professional experience. Prior to joining Balefire in 2025, he worked at IMEG Consultants and Horizon Virtual, and spent 14 years at CentraCare Health. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities with discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm employs a team-based investment process using a core-plus-tactical philosophy and licensed third-party research, customizing client relationships by risk profile and goals.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Scott M

Series 63, Series 65

Watertown, SD

Balefire, LLC

Scott Munger is a financial advisor with Balefire, LLC, holding Series 63 and Series 65 licenses and bringing 25 years of industry experience. His prior roles include positions at VisionPoint Advisory Group, LPL Financial, Freimark and Associates, Princor Financial Services, and Principal Financial Group. He is also involved in managing The Scott Munger Agency, Inc. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities by providing discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm employs a team-based investment process with a core-plus-tactical philosophy and uses third-party research and sub-advisors to tailor client portfolios according to risk profiles and goals.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Mark G

Series 63, Series 66

St Louis Falls, MN

Balefire, LLC

Mark Greene is a financial advisor at Balefire, LLC with 37 years of industry experience. He holds Series 63 and Series 66 licenses and has worked at firms including Ameriprise Financial Services, TIAA, and Northwestern Mutual Investment Services. Greene serves as a board member of The River Towers Association, an HOA for a large condominium complex. Balefire, LLC advises individuals, high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities. The firm offers discretionary asset management, financial planning, and ERISA-focused corporate solutions, utilizing a team-based investment process with a core-plus-tactical philosophy and third-party research.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
user avatar

Donald P

Series 63, Series 65

Dallas, TX

Balefire, LLC

Donald Peterson is a financial advisor at Balefire, LLC with 24 years of industry experience. He holds Series 63 and Series 65 licenses and has previously worked at firms including Integrity Alliance, Lion Street Financial, Purshe Kaplan Sterling Investments, Fuse Partners, and LPL Financial. Peterson is also involved in providing fixed insurance and non-securities insurance planning for private wealth clients. Balefire serves individual and high-net-worth clients, as well as retirement plans, charitable organizations, trusts, and business entities, offering discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm uses a team-based investment process with an Investment Committee that develops model portfolios following a core-plus-tactical philosophy, employing third-party research and sub-advisors to implement strategies across various asset classes.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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Travis B

Series 63, Series 65

St. Louis Park, MN

Balefire, LLC

Travis Busch is a financial advisor at Balefire, LLC with 14 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including Thrivent Financial, Mutual of Omaha, Ameriprise Financial Services, Park Avenue Securities, and Guardian Life Insurance Company. Outside of his advisory role, he is an assistant varsity basketball coach at Providence Academy. Balefire serves individual and high-net-worth clients, retirement plans, charitable organizations, trusts, and business entities by providing discretionary asset management, financial planning, and ERISA-focused corporate solutions. The firm employs a team-based investment process using a core-plus-tactical philosophy and licensed third-party research, customizing client relationships by risk profile and goals.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Charitable giving & philanthropy Multi-generational wealth transfer Founder/Business Owner Executive
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