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The partners at Balhoff & Williams lead each assignment, assuring clients the highest level of competence and service. The foundation for the firm's services is a profound and strategic understanding of the major forces affecting regulation, investment, finance and industry structures.

Balhoff & Williams are regarded as among the most credible sources and representatives before federal and state regulatory and legislative bodies, and the firm's principals are widely recognized for their independence and thoughtful perspectives.

Michael J. Balhoff, CFA, Managing Partner
Michael J. Balhoff, CFA, is managing partner at Balhoff & Williams, LLC. Previously, Mr. Balhoff headed for 16 years the Telecommunications Equity Research Group at Legg Mason, and covered equities of incumbent local exchange carriers. Prior to joining Legg Mason in 1989, Mr. Balhoff held posts as a graduate and undergraduate professor. He has a doctorate in Canon Law and four master's degrees, including an M.B.A., concentration in finance, from the University of Maryland. A Chartered Financial Analyst and a member of the Baltimore Security Analysts Society, Mr. Balhoff has been named on six occasions as a Wall Street Journal All-Star Analyst for his recommendations in the Telecommunications industry. His coverage of telecom, and especially rural telecommunications, was named by Institutional Investor as the top telecommunications boutique in the country in 2003.


Bradley P. Williams, Esq., joined Balhoff & Rowe as a principal in 2005 and was named partner in 2007. Previously, Mr. Williams was a member of the Strategic Planning & Business Development group at Lowe’s Companies Inc., the Fortune 50 home improvement retailer. Prior to joining Lowe’s, Brad worked with Mr. Balhoff in the award-winning Telecommunications Equity Research Group at Legg Mason, focusing on incumbent and rural local exchange carriers. Prior to joining Legg Mason, Brad was a co-founder of eSprocket / Beachfire, a venture-backed company that evolved into one of the pioneers in mediation technology solutions for the financial services sector. Previously, he served as a financial executive for Iron Road Railways Incorporated, a Washington, D.C.-based holding company that integrated, through acquisitions, a significant regional freight rail network serving northern New England and eastern Canada. Brad began his career as an investment banker in First Union’s Capital Markets Group. He has a BA in Economics from the University of North Carolina and a JD from the University of North Carolina School of Law.