Basepoint Wealth provides financial planning, portfolio management for individuals and small businesses, pension consulting, publishing newsletters, and educational seminars. Financial planning was provided to 11–25 clients last fiscal year.
Basepoint Wealth reports 1,263 clients. They include 981 individual clients, 261 high-net-worth individuals, and 12 pension and profit-sharing plans. Of its assets, 99.0% ($875M across 3,704 accounts) are managed with discretion; $9.06M across 11 accounts are not. A wrap fee program the firm both sponsors and manages holds $875M. It advised 22 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 78% | 32% |
| High-net-worth individuals | 21% | 61% |
| Pension and profit-sharing plans | <1% | 6% |
| Charitable organizations | <1% | 1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 981 | $279M | 31.6% | $285K |
| High-net-worth individuals | 261 | $541M | 61.2% | $2.07M |
| Pension and profit-sharing plans | 12 | $50M | 5.7% | $4.17M |
| Charitable organizations | 5 | $9.29M | 1.1% | $1.86M |
| Corporations and other businesses | Fewer than 5 | $4.07M | 0.5% | $1.02M |
| Total | 1,263 | $884M | 100% | — |
- Clients
- 981
- Regulatory AUM
- $279M
- AUM share
- 31.6%
- Avg. per client
- $285K
- Clients
- 261
- Regulatory AUM
- $541M
- AUM share
- 61.2%
- Avg. per client
- $2.07M
- Clients
- 12
- Regulatory AUM
- $50M
- AUM share
- 5.7%
- Avg. per client
- $4.17M
- Clients
- 5
- Regulatory AUM
- $9.29M
- AUM share
- 1.1%
- Avg. per client
- $1.86M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.07M
- AUM share
- 0.5%
- Avg. per client
- $1.02M
Total
- Clients
- 1,263
- Regulatory AUM
- $884M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 22
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Basepoint Wealth charges 0.75%–1.50% a year for its Investment Advisory Services. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.50% |
| $250K–$500K | 1.35% |
| $500K–$1M | 1.25% |
| $1M–$3M | 1.10% |
| $3M–$5M | 0.95% |
| $5M–$10M | 0.85% |
| $10M and above | 0.75% |
Fee details and sources
Other fees
- Financial Planning and Consulting
- Hourly rate of $100 to $400, or a fixed engagement fee; stand-alone engagements are billed separately.
William Wallace owns 25% to 50% of Basepoint Wealth. The leadership team of Basepoint Wealth includes Chief Investment Officer William Wallace and Chief Compliance Officer Katherine Kula. It has 24 employees, 13 of them in advisory roles.
Leadership
- Katherine KulaMember, Chief Compliance Officer
Bryan KnudsonMember, Senior Wealth Advisor
William WallaceChief Investment Officer and Managing Member"
Kathryn WallaceManaging Member, Senior Wealth Advisor
Landis WileyMember, Senior Wealth Advisor
Investment adviser representatives
13 representatives listed in the SEC register as of 9 October 2026.
Staff
- 24 employees
- 13 in advisory functions
- 13 state-registered reps
- Owns 25% to 50% of Basepoint Wealth, LLC
William Wallace
Control person · since August 2017
- Owns 25% to 50% of Basepoint Wealth, LLC
Kathryn Wallace
Control person · since August 2017
- Owns 10% to 25% of Basepoint Wealth, LLC
Landis Wiley
Control person · since August 2017
- Owns 5% to 10% of Basepoint Wealth, LLC
Bryan Knudson
Control person · since August 2017
Basepoint Wealth’s regulatory assets grew 2.7× from $332M (July 2021) to $884M (August 2026); clients rose from 719 to 1,263 and employees from 16 to 24.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $884M | 1,263 | 24 | 4 |
| May 2025 | $776M | 1,234 | 22 | 4 |
| June 2024 | $665M | 1,185 | 22 | 4 |
| July 2023 | $562M | 1,129 | 20 | 4 |
| March 2022 | $518M | 962 | 18 | 3 |
| July 2021 | $332M | 719 | 16 | 3 |
Besides its headquarters, Basepoint Wealth has 3 offices, with 4 listed addresses in Iowa.
Iowa · 4 listed addresses
- 4700 N. River BLVD Ne, Cedar RapidsHQ
- 4620 E 53rd Street, Davenport
- 300 Main Street, Dubuque
- 383 Collins RD Ne, Cedar Rapids
Contact and registration details
- Legal name
- Basepoint Wealth, LLC
- Headquarters
- 4700 N. River BLVD Ne, Cedar Rapids, IA 52411
- Website
- basepointwealth.com
- Phone
- 319-826-1898
- @basepointwealth
- SEC file
- 801-111782
- Structure
- Iowa limited liability partnership
- Fiscal year end
- December
Basepoint Wealth uses Pershing ($592M, 75%) and Fidelity ($200M, 25%) as custodians for its separately managed accounts. Basepoint Wealth has custody of $18.2M in client assets for 25 clients.
- FidelityNational Financial Services LLC · Boston, MA · $200M25%
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $592M75%
At year end, Basepoint Wealth’s separately managed accounts were mostly in funds (65%) and stocks (22%). Its reported 13F holdings for the quarter ended 31 March 2026 total $175M across 643 positions; the largest are Sprott Asset Management LP Physical Gold TR (16.0%), Sprott Asset Management LP Physical Silver (13.6%) and Akre Focus ETF (10.1%).
What the accounts hold
- Stocks22%
- Funds65%
- Cash13%
Reported 13F holdings
- $175M
- Reported 13F value
- 643
- Positions
- 57.0%
- In the 10 largest
- —
- Value vs. prior quarter
- Sprott Asset Management LP Physical Gold TR · Cef16.0%
- Sprott Asset Management LP Physical Silver · Cef13.6%
- Akre Focus ETFETF10.1%
- Deere & CO3.8%
- State Street Utilities Select Sector SPDR ETFETF3.2%
- Berkshire Hathaway Inc. Del CL B New2.8%
- Adam Nat Res FD Inc. · Cef2.6%
- Apple Inc.1.8%
- Ingredion Inc.1.6%
- Nvidia Corporation1.5%
Together, the ten largest are 57.0% of reported value.
How many clients does Basepoint Wealth have?
Basepoint Wealth has 1,263 clients and manages $884 million for them, as of August 2026. They include 981 individual clients, 261 high-net-worth individuals, and 12 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 August 2026
What services does Basepoint Wealth offer?
Basepoint Wealth provides financial planning, portfolio management for individuals and small businesses, pension consulting, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Basepoint Wealth charge?
Basepoint Wealth charges 0.75%–1.50% a year for its Investment Advisory Services. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable.
Source: BASEPOINT WEALTH - ADV PART 2A AND APPENDIX 1, filed 28 August 2026
Which custodians does Basepoint Wealth use?
Basepoint Wealth’s separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $592M and National Financial Services LLC (Boston, MA), with $200M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 August 2026
How many financial advisors does Basepoint Wealth have?
Basepoint Wealth has 13 investment adviser representatives registered with state securities authorities, out of 24 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Basepoint Wealth invest in?
At the end of its last fiscal year, Basepoint Wealth’s separately managed accounts held 65% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities and 13% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Basepoint Wealth?
Basepoint Wealth’s direct owners are William Wallace, Kathryn Wallace, Landis Wiley and Bryan Knudson, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 28 August 2026
How does Basepoint Wealth get paid?
Basepoint Wealth is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Basepoint Wealth?
Basepoint Wealth’s main office is at 4700 N. River BLVD Ne, Cedar Rapids, IA 52411. Its phone number is 319-826-1898. Its website is basepointwealth.com.