FAQS
We get asked a lot of questions. That's great! For those exploring our firm for the first time, there do tend to be some common topics that come up, so we'll try to be up-front and address them here:
Are you fee-only or fee-based?
Basepoint Wealth and its advisors are all fee-only. This means all revenue to the business and advisors comes 100% from transparent client fees. There is no compensation from products or investments, and the firm operates as a fiduciary—meaning recommendations are made solely in the client’s best interest.
Is my situation a good fit for Basepoint?
Basepoint uses a team-based approach with broad experience across simple to complex situations. Advisors assemble the right team to match each client’s needs.
What is your investment philosophy?
Summarized as: know what you own, and know why you own it. Additional detail is provided in our Seven Principles.
Do you only manage investments?
No - investment management is just one piece. Advice also covers taxes, estate planning, retirement, budgeting, debt, insurance, and more comprehensive wealth management areas.
How much can I expect to earn on my investments?
It depends - factors like risk tolerance, time horizon, taxes, and liquidity all influence outcomes. The firm avoids making generalized return promises.
Where is my money held?
Assets are held with third-party custodians, primarily Pershing and Fidelity, with others used depending on client needs.
How do clients work with their advisor?
Relationships are customized. While philosophy and process are consistent, engagement style varies based on client preferences, including in-person and virtual communication.
What are your fees?
We operate under two primary structures:
Flat, invoice-based fees
Assets-under-management (AUM) fees
Fees depend on complexity and are clearly outlined during the initial consultation.
How are fees determined?
Based on fairness and consistency, with internal guidelines and SEC-filed ADV benchmarks. Advisors have limited discretion to ensure similar clients pay similar fees.
What does your average client look like?
Average client:
~$750K net worth
Near retirement age
~$500K investable assets
But the firm works with a wide range—from early-career individuals to executives and business owners.