{"url":"https://nivawealth.com/firms/bastion-fiduciary-333420","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/333420","regulatoryAum":125219049,"crd":"333420","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4959504","suffix":null,"lastName":"Alderfer","firstName":"Jeffrey","middleName":"Scott"},{"crd":"4656569","suffix":null,"lastName":"KINDER","firstName":"KIRK","middleName":"WILLIAM"},{"crd":"711404","suffix":null,"lastName":"REEVES","firstName":"LAURETTA","middleName":"ANN"},{"crd":"5793151","suffix":"JR","lastName":"ROTONTI","firstName":"JOHN","middleName":"LOUIS"},{"crd":"8347363","suffix":null,"lastName":"Schultz","firstName":"Stephen","middleName":"Sebastian"},{"crd":"5525448","suffix":null,"lastName":"SMITH","firstName":"CALE","middleName":"MICHAEL"}],"total":6,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-03-05","regulatoryAum":0,"clients":1,"employees":7,"offices":1},{"filedOn":"2026-04-10","regulatoryAum":125219049,"clients":242,"employees":7,"offices":1}],"secFileNumber":"801-131510","legalName":"Bastion Fiduciary, LLC","displayName":"Bastion Fiduciary","slug":"bastion-fiduciary-333420","website":"https://lastbastion.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/333420/c7ce57a9bdcf920b-r1.webp","tone":"light","width":732,"height":200,"sourceUrl":"https://lastbastion.com/","sourceLabel":"Bastion Fiduciary, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"26 November 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":394097.47659574467,"staff":{"employees":7,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":125219049,"discretionary":125219049,"discretionaryAccounts":437,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":235,"regulatoryAum":92612907},{"label":"Investment companies","clients":1,"regulatoryAum":23884935},{"label":"Pension and profit-sharing plans","clients":4,"regulatoryAum":8481207},{"label":"Corporations and other businesses","clients":2,"fewerThan5":true,"regulatoryAum":240000}],"feePrograms":[{"role":"main","program":"Investment Management Fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041067","versionId":1041067,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-04-10","documentName":"BASTION FIDUCIARY FORM ADV PART 2","fee_rate_low":0.4,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Ongoing Financial Planning","summary":"Ongoing financial planning is a monthly fee of between $29 and $199 based on client needs, paid monthly in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041067","versionId":1041067,"submittedOn":"2026-04-10","documentName":"BASTION FIDUCIARY FORM ADV PART 2"},{"role":"other","program":"Project-Based Financial Planning","summary":"Project-based financial planning is charged at an hourly fee of between $250 and $500 based on client needs and plan complexity, and may be paid in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041067","versionId":1041067,"submittedOn":"2026-04-10","documentName":"BASTION FIDUCIARY FORM ADV PART 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T17:53:10.491096+00:00","documents":[{"name":"BASTION FIDUCIARY FORM ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041067","versionId":1041067,"submittedOn":"2026-04-10"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":54439140},{"name":"Goldman Sachs & Co. LLC","shortName":"Goldman Sachs & Co.","location":"New York, NY","smaAssets":60170780}],"custodyNote":"Bastion Fiduciary does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jeffrey Alderfer","title":"CCO","crd":"4959504"},{"name":"Cale Smith","title":"CEO","crd":"5525448"}],"ownership":[{"label":"Cale Smith","detail":"Ceo in the 75% or more ownership band and a control person, since May 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"786-706-6651","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":13},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":80},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"10 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/333420/PDF/333420.pdf","brochureDate":"10 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041067","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Bastion Fiduciary have?","answer":"Bastion Fiduciary has 242 clients and manages $125 million for them, as of April 2026. They include 235 individuals, 4 pension and profit-sharing plans, and 2 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 10 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bastion Fiduciary offer?","answer":"Bastion Fiduciary provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, selecting other managers, and publishing newsletters.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Bastion Fiduciary charge?","answer":"Bastion Fiduciary charges 0.40%–1.00% a year for its Investment Management Fee. The fee is billed in arrears and is negotiable.","source":"BASTION FIDUCIARY FORM ADV PART 2, filed 10 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Bastion Fiduciary use?","answer":"Bastion Fiduciary’s separately managed account assets are held at Goldman Sachs & Co. LLC (New York, NY), with $60.2M and Charles Schwab & Co., Inc. (Westlake, TX), with $54.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bastion Fiduciary have?","answer":"Bastion Fiduciary has 6 investment adviser representatives registered with state securities authorities, out of 7 employees, and 6 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Bastion Fiduciary invest in?","answer":"At the end of its last fiscal year, Bastion Fiduciary’s separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities, 5% cash and equivalents and 1% non-exchange-traded equities.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Bastion Fiduciary?","answer":"Bastion Fiduciary’s direct owner is Cale Smith (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 10 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bastion Fiduciary get paid?","answer":"Bastion Fiduciary is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Bastion Fiduciary?","answer":"Its phone number is 786-706-6651. Its website is lastbastion.com.","source":"Form ADV Part 1A, Item 1.F, filed 10 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}