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Vilis Pasts, portrait

Vilis Pasts

Chariman of Board at BTS Asset Management in Lexington, MA

Investment adviser registrationUpdated

Vilis Pasts is Chariman of Board of BTS Asset Management Inc, an investment adviser managing $145M, and works from its Lexington, MA office. Vilis Pasts has been registered as an investment adviser representative through BTS Asset Management since 12 April 1994, has 56 years in the industry across 1 firm and has passed the Series 1, Series 00, Series 63 and Series 65.

56
Years in industry
32
Years at firm
1
Adviser firms
1
States registered

From the IAPD record, checked 22 October 2026SEC record

Career

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.

  1. – present · 32 years
    Lexington, MA · Adviser representative · Firm CRD 105215

Credentials and registrations

Investment adviser representative registrations

Vilis Pasts is registered as an investment adviser representative in Massachusetts, since April 1994.

  • MassachusettsSince 12 April 1994

Examinations

SIECredited
Name
Securities Industry Essentials Examination
Series 6530 September 1993
Name
Uniform Investment Adviser Law Examination
Series 638 December 1979
Name
Uniform Securities Agent State Law Examination
Series 005 September 1972
Name
General Securities Principal Examination
Series 121 September 1967
Name
Registered Representative Examination

Key facts

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

Common questions

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.

Source: Form ADV, Schedule A, filed 31 March 2026

Is Vilis Pasts a financial advisor?

Yes. Vilis Pasts has a current investment-adviser registration in Massachusetts, through BTS Asset Management since April 1994.

Source: IAPD individual record, checked 22 October 2026

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.

Source: IAPD individual record, checked 22 October 2026

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.

Source: IAPD individual record, checked 22 October 2026

Where is Vilis Pasts based?

Vilis Pasts’ registered office is in Lexington, MA.

Source: IAPD individual record, checked 22 October 2026

Is Vilis Pasts registered with FINRA?

No. Vilis Pasts has no current broker registration.

Source: IAPD individual record, checked 22 October 2026

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.

Source: IAPD individual record, checked 22 October 2026

Leadership at BTS Asset Management

Sources

  1. IAPD individual record, CRD 357593, checked 22 October 2026. Registration status, employment history and examinations.
  2. Form ADV Part 1A, Schedules A and B of BTS Asset Management Inc, filed 31 March 2026. Title, control and ownership bands.
  3. BTS Asset Management team page. Biography, education, credentials, awards and the portrait, reproduced for identification.