Balance Wealth Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Balance Wealth Partners reports 553 clients. They include 451 individual clients and 102 high-net-worth individuals. Of its assets, 100.0% ($387M across 2,236 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 11 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 82% | 38% |
| High-net-worth individuals | 18% | 62% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 451 | $146M | 37.7% | $324K |
| High-net-worth individuals | 102 | $241M | 62.3% | $2.36M |
| Total | 553 | $387M | 100% | $699K |
- Clients
- 451
- Regulatory AUM
- $146M
- AUM share
- 37.7%
- Avg. per client
- $324K
- Clients
- 102
- Regulatory AUM
- $241M
- AUM share
- 62.3%
- Avg. per client
- $2.36M
Total
- Clients
- 553
- Regulatory AUM
- $387M
- AUM share
- 100%
- Avg. per client
- $699K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 11
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Balance Wealth Partners is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Flat-Fee Financial Planning
- Flat fee of $500 to $10,000 for a one-time plan, or $588 to $7,200 a year for ongoing planning, charged monthly or quarterly in advance; may be waived with investment management.
Balance Wealth Holdings LLC owns 25% to 50% of Balance Wealth Partners and is in turn owned by Robert Gavlak (75% or more). Robert Gavlak is CEO; the leadership team includes Chief Investment Officer Nicholas Gookin and Chief Operating Officer Ryan Mannen. It has 12 employees, 9 of them in advisory roles.
Staff
- 12 employees
- 9 in advisory functions
- 9 state-registered reps
- 2 insurance agents
- 1 soliciting firm
- Owns 25% to 50% of Balance Wealth Partners LLC
Balance Wealth Holdings LLC
Control person · since July 2025
- Owns 75% or more of Balance Wealth Holdings LLC
Robert Gavlak
Control person · since April 2025
- Owns 25% to 50% of Balance Wealth Partners LLC
Bolt Financial Holdings LLC
Control person · since July 2025
- Owns 75% or more of Bolt Financial Holdings LLC
Shaun Carney
Control person · since April 2025
- Owns 10% to 25% of Balance Wealth Partners LLC
Lamendola Holdings LLC
Control person · since June 2026
- Owns 75% or more of Lamendola Holdings LLC
Nora Lamendola
Control person · since June 2026
- Owns 10% to 25% of Balance Wealth Partners LLC
Mannen Holdings LLC
Control person · since June 2026
- Owns 75% or more of Mannen Holdings LLC
Ryan Mannen
Control person · since June 2026
Balance Wealth Partners’ regulatory assets grew from $348M (July 2025) to $387M (July 2026); clients were 553 in both filings and employees rose from 10 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $387M | 553 | 12 | 9 |
| Jul 2025July 2025 | $348M | 557 | 10 | 9 |
Besides its headquarters, Balance Wealth Partners has 8 offices (6 private residences, listed without an address), with 3 listed addresses across 2 states.
Ohio · 2 listed addresses
- 5701 North High Street, Suite 100, WorthingtonHQ
- (Purcell, Tyler) 7100 Foundry Row, Liberty Township
Colorado · 1 listed address
- (Gavlak, Robert) 401 E Main St, Montrose
Contact and registration details
- Legal name
- Balance Wealth Partners LLC
- Headquarters
- 5701 North High Street, Suite 100, Worthington, OH 43085
- Website
- balancewealth.com
- Phone
- 800-551-7787
- @balance-wealth-oh
- SEC file
- 801-131997
- Structure
- Ohio LLC
- Fiscal year end
- December
Balance Wealth Partners’ named custodians for separately managed accounts are Charles Schwab ($253M, 65%) and Altruist ($133M, 35%). Balance Wealth Partners does not have custody of client assets.
- AltruistAltruist Financial LLC · Culver City, CA · $133M35%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $253M65%
At year end, Balance Wealth Partners’ separately managed accounts were mostly in funds (83%) and stocks (12%). Its reported 13F holdings for the quarter ended 30 June 2026 total $376M across 165 positions; the largest are Invesco Qqq TR (10.3%), Vanguard Index Fds (9.0%) and J P Morgan Exchange Traded F (5.9%).
What the accounts hold
- Stocks12%
- Funds83%
- Registered funds82%
- Pooled vehicles1%
- Bonds1%
- Cash4%
How many clients does Balance Wealth Partners have?
Balance Wealth Partners has 553 clients and manages $387 million for them, as of July 2026. They include 451 individual clients and 102 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 July 2026
What services does Balance Wealth Partners offer?
Balance Wealth Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Balance Wealth Partners use?
Balance Wealth Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $253M and Altruist Financial LLC (Culver City, CA), with $133M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 July 2026
How many financial advisors does Balance Wealth Partners have?
Balance Wealth Partners has 9 investment adviser representatives registered with state securities authorities, out of 12 employees, and 9 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Balance Wealth Partners invest in?
At the end of its last fiscal year, Balance Wealth Partners’ separately managed accounts held 82% registered funds (mutual funds, ETFs, BDCs), 12% exchange-traded equities, 4% cash and equivalents, 1% state and local bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Balance Wealth Partners?
Balance Wealth Partners is owned through holding companies by Shaun Carney, Robert Gavlak, Nora Lamendola and Ryan Mannen. Its direct owners are Balance Wealth Holdings LLC, Bolt Financial Holdings LLC, Lamendola Holdings LLC and Mannen Holdings LLC, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 15 July 2026
How does Balance Wealth Partners get paid?
Balance Wealth Partners is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Balance Wealth Partners?
Balance Wealth Partners’ main office is at 5701 North High Street, Suite 100, Worthington, OH 43085. Its phone number is 800-551-7787. Its website is balancewealth.com.