Vilis Pasts has been Chariman of Board of BTS Asset Management since September 1979, is a control person of the firm and directly owns between 50% and 75% of it. Vilis Pasts studied at Babson College.
BTS Asset Management Inc is a Lincoln, MA firm with $145M under management, 448 clients and 4 advisers in one office, as of its March 2026 filing.
Vilis Pasts is Chairman of the Board of Directors, Director of Research, and Investment Committee Member of BTS Asset Management. He is a Co-Portfolio Manager for BTS Funds and BTS Separately Managed Accounts. After college he was a Securities Analyst for Spear & Staff, and from 1966 to 1970 an account executive with Connecticut General Life. He founded BTS in March 1979 and BTS Securities Corporation in 1981, and has over 40 years of experience in the securities field.
- BTS Asset Management, Inc.Current– present · 32 yearsLexington, MA · Adviser representative · Firm CRD 105215
Investment adviser representative registrations
Vilis Pasts is registered as an investment adviser representative in Massachusetts, since April 1994.
- MassachusettsSince 12 April 1994
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 65 | Uniform Investment Adviser Law Examination | 30 September 1993 |
| Series 63 | Uniform Securities Agent State Law Examination | 8 December 1979 |
| Series 00 | General Securities Principal Examination | 5 September 1972 |
| Series 1 | Registered Representative Examination | 21 September 1967 |
- Name
- Securities Industry Essentials Examination
- Name
- Uniform Investment Adviser Law Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- General Securities Principal Examination
- Name
- Registered Representative Examination
- CRD
- 357593
- Firm
- BTS Asset Management · CRD 105215
- Role
- Chariman of Board
- Office
- 420 BEDFORD ST., SUITE 340, Lexington, MA 02420
- Registration
- Investment adviser registration
- In the industry since
- August 1970
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- btsfunds.com
Where does Vilis Pasts work?
Vilis Pasts has been Chariman of Board of BTS Asset Management Inc since September 1979, and is a control person of the firm.
Is Vilis Pasts a financial advisor?
Yes. Vilis Pasts has a current investment-adviser registration in Massachusetts, through BTS Asset Management since April 1994.
How many years of experience does Vilis Pasts have?
Vilis Pasts has 56 years in the financial industry, since August 1970, across 1 adviser firm.
What exams has Vilis Pasts passed?
Vilis Pasts has passed 4 licensing exams: the Series 1, Series 00, Series 63 and Series 65. The earliest, the Series 1, was passed in September 1967. FINRA credited Vilis Pasts with the SIE, which began in October 2018.
Where is Vilis Pasts based?
Vilis Pasts’ registered office is in Lexington, MA.
Is Vilis Pasts registered with FINRA?
No. Vilis Pasts has no current broker registration.
How can I verify Vilis Pasts’ record?
Search CRD 357593 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Vilis Pasts’ full registration record.

