Balentine provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year. The firm advises 6 private funds.
Balentine reports 464 clients. They include 426 high-net-worth individuals, 13 individual clients and 13 charitable organizations. Of its assets, 95.7% ($5.3B across 3,270 accounts) are managed with discretion; $239M across 177 accounts are not. Of its clients, 3% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 3% | <1% |
| High-net-worth individuals | 92% | 72% |
| Pooled investment vehicles | 1% | 3% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 3% | 10% |
| Other client typesState or municipal government entities | <1% | 15% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 13 | $3.22M | 0.1% | $247K |
| High-net-worth individuals | 426 | $4B | 72.1% | $9.38M |
| Pooled investment vehicles | 6 | $166M | 3.0% | $27.6M |
| Pension and profit-sharing plans | 2 | $42.7M | 0.8% | $21.3M |
| Charitable organizations | 13 | $528M | 9.5% | $40.6M |
| State or municipal government entities | 4 | $807M | 14.6% | $202M |
| Total | 464 | $5.54B | 100% | $11.9M |
- Clients
- 13
- Regulatory AUM
- $3.22M
- AUM share
- 0.1%
- Avg. per client
- $247K
- Clients
- 426
- Regulatory AUM
- $4B
- AUM share
- 72.1%
- Avg. per client
- $9.38M
- Clients
- 6
- Regulatory AUM
- $166M
- AUM share
- 3.0%
- Avg. per client
- $27.6M
- Clients
- 2
- Regulatory AUM
- $42.7M
- AUM share
- 0.8%
- Avg. per client
- $21.3M
- Clients
- 13
- Regulatory AUM
- $528M
- AUM share
- 9.5%
- Avg. per client
- $40.6M
- Clients
- 4
- Regulatory AUM
- $807M
- AUM share
- 14.6%
- Avg. per client
- $202M
Total
- Clients
- 464
- Regulatory AUM
- $5.54B
- AUM share
- 100%
- Avg. per client
- $11.9M
- Clients outside the U.S.
- 3%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 6
- Financial planning clients last fiscal year
- 251–500
Balentine charges 0.15%–1.00% for its General Fee Schedule. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears. The brochure also prices one other service, listed under fee details.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$5M | 1.00% |
| $5M–$12.5M | 0.75% |
| $12.5M–$22.5M | 0.60% |
| $22.5M–$32.5M | 0.50% |
| $32.5M–$57.5M | 0.40% |
| $57.5M–$82.5M | 0.30% |
| $82.5M–$100M | 0.25% |
| $100M–$250M | 0.20% |
| $250M and above | 0.15% |
Fee details and sources
Other fees
- Smaller Client Fee Schedule
- At Balentine's discretion, clients below $5 million may instead be charged 1.25% on the first $2.5 million and 0.75% on the next $2.5 million.
Balentine Partners LLC owns 75% or more of Balentine and is in turn owned by Robert Balentine (25–50%). Adrian Cronje is CEO; the leadership team includes Chief Investment Officer David Damiani and Chief Compliance Officer Michael Pearson. It has 61 employees, 25 of them in advisory roles.
Leadership
- Adrian CronjeChief Executive Officer
- Michael PearsonChief Compliance Officer, Chief Risk Officer
- Robert BalentineChairman, Partner (BP, LLC)
- Mark BellPartner (BP, LLC)
- David DamianiChief Investment Officer
- John MaddisonPartner (BP, LLC)
Investment adviser representatives
18 representatives listed in the SEC register as of 9 October 2026.
- Danielle Elizabeth Bailey
- Katherine Berry Battey
- Marshall Reid Brannock
- Caroline Caldwell
- Clifton Lee Dortch Jr.
- Victor Gitau
- Juwon B. Hill
- Kurt Franklin Lofters
- Elizabeth Routh Meeks
- Kevin Lee Murdock
- Jennifer Kelly Pcholinsky
- Melissa Wetsig Phillippi
- Matthew Jay Raines
- Lucas E. Roberson
- Rebecca Elizabeth Stone
- William B. Thacker
Staff
- 61 employees
- 25 in advisory functions
- 15 state-registered reps
- Owns 75% or more of Balentine LLC
Balentine Partners LLC
Control person · since January 2010
- Owns 25% to 50% of Balentine Partners LLC
Robert Balentine
Control person · since January 2010
- Owns 10% to 25% of Balentine LLC
FJ Investments, LLC
since December 2024
- Owns 25% to 50% of FJ Investments, LLC
Crystal Maggelet
Control person · since January 2009
Balentine’s regulatory assets grew 1.7× from $3.35B (March 2021) to $5.54B (August 2026); clients rose from 322 to 464 and employees from 37 to 61.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $5.54B | 464 | 61 | 2 |
| March 2025 | $5.3B | 468 | 64 | 2 |
| April 2024 | $4.69B | 412 | 56 | 2 |
| April 2023 | $4.36B | 399 | 53 | 2 |
| March 2022 | $4.6B | 242 | 43 | 2 |
| March 2021 | $3.35B | 322 | 37 | 2 |
Besides its headquarters, Balentine has 1 office, with 2 listed addresses in Georgia and North Carolina.
Georgia · 1 listed address
- 3344 Peachtree Road Ne, Suite 2200, AtlantaHQ
North Carolina · 1 listed address
- 301 Hillsborough Street, Raleigh
Contact and registration details
- Legal name
- Balentine LLC
- Headquarters
- 3344 Peachtree Road Ne, Suite 2200, Atlanta, GA 30326
- Website
- balentine.com
- Phone
- 404-537-4800
- @balentine
- SEC file
- 801-70910
- Structure
- Delaware LLC
- Fiscal year end
- December
Balentine uses Pershing ($3.53B) as custodian for its separately managed accounts. Balentine has custody of $376M in client assets for 342 clients.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $3.53B100%
At year end, Balentine’s separately managed accounts were mostly in stocks (80%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.81B across 243 positions; the largest are Vanguard Index Fds (22.4%), Invesco Exch Trd Slf Idx FD (12.7%) and iShares TR (9.6%).
What the accounts hold
- Stocks80%
- Funds8%
- Bonds8%
- State and local bonds7%
- U.S. government and agency bonds1%
- Cash4%
Reported 13F holdings
- $2.81B
- Reported 13F value
- 243
- Positions
- 80.9%
- In the 10 largest
- +13.3%
- Value vs. prior quarter
- Vanguard Index Fds · Value ETF22.4%
- Invesco Exch Trd Slf Idx FD · Rusl 1000 Dynm12.7%
- iShares TR · Core US Aggbd ET9.6%
- iShares TR · Core MSCI Eafe7.3%
- iShares TR · Msc Glo Fac ETF7.2%
- iShares Inc. · Core MSCI Emkt6.3%
- iShares TR · MSCI USA Mmentm4.6%
- Vanguard Index Fds · Growth ETF4.0%
- iShares TR · 0-3 Mth Treasury3.7%
- iShares TR · Core S&P500 ETF3.1%
Together, the ten largest are 80.9% of reported value.
How many clients does Balentine have?
Balentine has 464 clients and manages $5.54 billion for them, as of August 2026. They include 426 high-net-worth individuals, 13 individual clients and 13 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 August 2026
What services does Balentine offer?
Balentine provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Balentine charge?
Balentine charges 0.15%–1.00% for its General Fee Schedule. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears.
Which custodians does Balentine use?
Balentine’s separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $3.53B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 August 2026
How many financial advisors does Balentine have?
Balentine has 15 investment adviser representatives registered with state securities authorities, out of 61 employees, and 25 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Balentine invest in?
At the end of its last fiscal year, Balentine’s separately managed accounts held 80% exchange-traded equities, 8% pooled vehicles (private funds and similar), 7% state and local bonds, 4% cash and equivalents and 1% U.S. government and agency bonds. It advises 6 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Balentine?
Balentine is owned through holding companies by Robert Balentine and Crystal Maggelet. Its direct owners are Balentine Partners LLC (75% or more) and FJ Investments, LLC (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 August 2026
How does Balentine get paid?
Balentine is paid through a percentage of assets under management, fixed fees and other compensation. 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
Is Balentine registered with the SEC?
Yes, Balentine has been registered with the SEC as an investment adviser since 14 December 2009. Its CRD number is 152511 and its SEC file number is 801-70910.
Source: Form ADV Part 1A, Item 1, filed 25 August 2026; IAPD firm record
How do I contact Balentine?
Balentine’s main office is at 3344 Peachtree Road Ne, Suite 2200, Atlanta, GA 30326. Its phone number is 404-537-4800. Its website is balentine.com.