Watertown, SD Office
TeamData sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Balefire, LLC
Multi-team
Firm-wide stats for Balefire, LLC
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.
Based on Balefire, LLC
Expertise
Based on Balefire, LLC
Location
10 N Broadway
Watertown SD 57201
Advisors at this office
2
Advisors at this office
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 26 years of industry experience. He has worked with VisionPoint Advisory Group, LPL Financial, and operates The Scott Munger Agency, Inc., which he founded. Outside of advising, he is involved in developing and managing real estate through entities such as Midwest Business Condos LLC. Balefire, LLC is an SEC-registered multi-team investment adviser serving individual investors, retirement plans, trusts, charities, and businesses. The firm employs a core-and-tactical investment approach with discretionary portfolio management and integrates third-party models and sub-advisors to tailor solutions to client goals.
Brandon H
Series 65
Watertown, SD
Balefire, LLC
Brandon Hooth is a financial advisor with Balefire, LLC and holds a Series 65 designation. He has one year of experience in the financial industry, having previously worked for eleven years with the Watertown School District. Balefire, LLC is an SEC-registered multi-team investment adviser serving individual investors, retirement plans, trusts, charities, and business entities. The firm employs a core-and-tactical investment approach with discretionary asset management, comprehensive financial planning, and ERISA corporate solutions across a platform managing approximately $2 billion in assets.
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