We are proud of our resilient growth amidst market uncertainty.
In our dynamic Corridor marketplace, Basepoint Wealth has emerged as a prominent financial planning firm known for its commitment to delivering comprehensive wealth advice while wholeheartedly embracing fiduciary standards. Launched in 2017, the firm’s partners channeled their vast industry experience and embarked on a mission to offer unparalleled fee-only financial planning services tailored to their client’s goals and aspirations.
President and Senior Wealth Advisor, Kate Wallace, proudly states of the CBJ Fastest Growing recognition, “The work we do for our clients is something we are proud of, while we have experienced growth through strategic acquisitions in the past, our expansion primarily thrives on referrals from satisfied clients.”
In 2021, Basepoint Wealth achieved significant milestones, expanding its reach and capabilities. The firm reached $500 million in assets under management, just four years into the journey of the firm. That same year the establishment of Basepoint Tax & Accounting, a subsidiary formed through a merger with Charter Accounting, PLC in Des Moines, brought enhanced tax planning expertise to the firm.
In December 2022, Basepoint marked another significant milestone with the acquisition of Ledger Plus, a long-standing reputable accounting practice in Cedar Rapids. This strategic move further expanded tax planning and accounting services, allowing Basepoint to offer a comprehensive range of financial services under one roof. To lead the tax and accounting division of the company, Basepoint appointed Ron Detweiler, CPA, CSA, as President of Basepoint Tax. With over 40 years of experience as a certified public accountant, Ron brings a wealth of knowledge and expertise to the team.
Kate Wallace adds, “Ron adds an incredible boost to both our intellectual capital and our ability to deliver seamless, coordinated tax advice to our clients. Ron is one of the hardest workers I have ever had the opportunity to lead, and his genuine care for delivering on promises to clients is unmatched. We are honored to have him join our team.”
In the face of industry challenges such as ongoing market volatility, W. Allen Wallace, Chief Investment Officer and Partner at Basepoint Wealth, emphasized the significance of the firm’s seven core principles. These principles serve as a guiding framework to safeguard clients’ assets and steer them toward their financial objectives, focusing on long-term success rather than short-term market fluctuations.
Looking ahead, Basepoint envisions continued growth and expansion. “From here you can go anywhere”, asserts W. Allen Wallace. “This statement serves as our tagline and not only applies to our clients but also resonates with our own aspirations. We are excited about the future of Basepoint Wealth, as we believe the financial services industry will increasingly shift toward fiduciary standards, and we are uniquely positioned to lead in this space.”