B

Balanced Investment Advisors, LLC

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Client assets under management

$41,460,911

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Clients

58

28% high-net worth

Advisors

2

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

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Clients per advisor

29

Low

Average account size

$714,843

About

Balanced Investment Advisors, LLC serves primarily individual clients, including high‑net‑worth households, and provides discretionary asset management, financial planning, and retirement-plan services. The firm also offers variable annuity sub-account management and one‑time or ongoing planning engagements.

BIA generally manages accounts on a discretionary basis, tailoring portfolios to clients’ stated goals, time horizons, and risk tolerances and using fundamental analysis alongside diversified holdings such as equities, fixed income, mutual funds and ETFs. Accounts are monitored and reviewed regularly, householded for billing and rebalancing, and the firm supplements advice with educational resources for clients.

Distinctive features disclosed in the firm brochure include a prior FINRA enforcement matter involving a supervised person and an affiliated insurance business through which personnel may recommend insurance products and receive commissions; both are explicitly disclosed as potential conflicts of interest. The combination of ERISA 3(21)/3(38) plan services, direct management of variable annuity sub‑accounts, and the practice of holding public seminars or workshops further differentiates the firm from many peers of similar size.

Client services

Financial planning Portfolio management Pension consulting Educational seminars or workshops

Expertise

Retirement income strategy General retirement planning General tax planning

Occupation focus

Founder/Business Owner

Fee options

Fixed

Financial planning one-time consultation fees range from $250 to $8,500 based on hourly rate.

Percentage

$0 - $1,000,000: 2.50% annually $1,000,001 - $2,000,000: 2.40% annually $2,000,001 - $3,000,000: 2.25% annually $3,000,001 - $4,000,000: 1.90% annually $4,000,001 - $5,000,000: 1.65% annually $5,000,001+: 1.35% annually

Commissions

Investment Advisor Representatives receive commissions on insurance products; less than 20% of time on insurance activities.

Project-based

$250 per hour for financial planning, one-time consultations ranging $250 - $8,500 (negotiable)

Main office location

Balanced Investment Advisors, LLC

Armstrong Center 222 Third Ave Se

Cedar Rapids, IA 52401, United States

Number of offices

2

Most active in

More info

Iowa · Texas · Washington

Disclosures

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Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Forms ADV

Form ADV Part 2: Client Brochure

Quick links

319-242-6444

Advisors at this firm

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user avatar

David K

ChFC®, Series 63

Cedar Rapids,, IA

Balanced Investment Advisors, LLC

David Knutson is a financial advisor at Balanced Investment Advisors, LLC with 39 years of industry experience. He holds the ChFC® and Series 63 designations. His prior experience includes roles at VOYA Financial Advisors, Inc. and CoreCap Investments, Inc. Balanced Investment Advisors provides discretionary portfolio management and financial planning primarily for individual and high-net-worth clients, as well as retirement plans. The firm’s investment approach is discretionary, based on client objectives and risk tolerance, with regular account reviews that include rebalancing and tax-loss harvesting.

Retirement income strategy General retirement planning General tax planning Founder/Business Owner
user avatar

Suresh B

Series 63, Series 65

Cedar Rapids,, IA

Balanced Investment Advisors, LLC

Suresh Basnet is a financial advisor with Balanced Investment Advisors, LLC, holding Series 63 and Series 65 licenses and bringing 19 years of industry experience. His prior roles include positions at Purshe Kaplan Sterling Investments, CoreCap Investments, and Voya Financial Advisors. Basnet is also a managing member of Balanced Investment Company, LLC, where he is involved in insurance brokerage activities. Balanced Investment Advisors provides discretionary portfolio management and financial planning primarily for individual clients, including high-net-worth households, and retirement plans. The firm employs a discretionary investment approach based on client objectives, risk tolerance, and fundamental analysis, with regular account reviews that incorporate rebalancing and tax-loss harvesting.

Retirement income strategy General retirement planning General tax planning Founder/Business Owner
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