Our Team

Who we are:

Balanced Investment Company is a group of individuals who have built a practice with people like you in mind. We are a team of specialists, drawing on nearly one hundred years of combined experience in areas ranging from estate planning to concentrated stock management, so that you have the right experts working for you to create value for your financial life.

Suresh Basnet, MBA
Founder, Portfolio Manager

Educated at Pace University (BBA), and University of Iowa (MBA), Suresh Basnet brings over 17 years of industry experience to provide daily insights on Retirement Income Planning, Financial Planning, Tax Strategies, and Estate Planning.

Prior to founding Balanced Investment Company, he was trained and worked with major global financial institutions- Merrill Lynch, Voya Financial Advisors, and UBS Financial Service.

Suresh is also a 2007 graduate of the Cedar Rapids Chamber of Commerce Five Seasons Leadership Program. He is passionate about helping others the way others have helped him. As a former president of the board for Legion Arts at CSPS, as well as a board member of The Linn County Empowerment Governance and The Iowa Asian Alliance, Suresh was named one of Corridor Business Journal's 2008 “40 Under 40” for his professional success and civic contribution to the corridor community. Basnet is also a recipient of the Iowa Governor's Volunteer Award.

Today, Suresh enjoys traveling and spending time with his wife, Kathryn, and their twins.

Dr. Dave Knutson, Ph. D., ChFC
Chartered Financial Consultant
Vice President of Strategy

Since 1981, Dave has been dedicated to helping people achieve their financial objectives. He received his B.A. from Cornell, his M.A. and Ph.D. from the University of Kansas, and his Chartered Financial Consultant (ChFC) from The American College. As a former Coe College professor, Dave brings a balance of both the academic research mind set and an art of application approach to find multi-generational solutions. 

Dave is the founder of the Eastern Iowa Planned Giving Council (formerly the Charitable Giving Roundtable) and serves on the boards of several local non-profit organizations. In his personal time, Dave enjoys golfing, traveling, and spending time with his family including his four grandchildren.

Crystal Beaman
Clients Associate

Crystal is responsible for all facets of client services including new account set-up, client maintenance, and meeting preparation. Crystal's unique ability is enhancing the client experience and takes tremendous satisfaction in problem solving and deepening relationships. Crystal is active in her church, currently serving as Secretary of the Young Women's program. She has previously volunteered as President of the children's Sunday School and as Secretary in the women's auxiliary group.

Michelle Medberry
Clients Associate

Michelle joined Balanced Investment Company in April 2019, bringing with her nearly two decades of diligently servicing clients as a licensed assistant in the real estate industry.  She brings over 20 years of marketing skills to the company and enjoys doing all the behind the scenes work for seminars, clients and colleagues.  Michelle enjoys getting to know clients and developing strong lasting relationships with them.

She is a graduate of the University of Iowa with a Communications Degree.  In her spare time, she enjoys attending many events for her sons from sports to the arts.  Michelle also attends many Iowa football and basketball games with her youngest son.   

Dennis Naughton, JD
Strategic Partner

What Dennis Naugton brings to our team is his vast expertise in estate planning.  Dennis has been practicing law since 1970 after receiving his degree from Creighton University School of Law.  His further experience as an entrepreneur, writer, educator and editor for the Creighton Law Review have made him an invaluable asset to Balanced Investment Company.



 Neither BIC nor its professionals provide securities, tax or legal advice.  You should consult with a professional regarding your individual situation prior to making any decisions. NPN: 8549095 & 261164