Allen Wallace
MBA, CFA®, CPA/PFS, CFP®
Basepoint Wealth
Chief Investment Officer, Founding Partner
Allen Wallace
MBA, CFA®, CPA/PFS, CFP®
Basepoint Wealth
Chief Investment Officer, Founding Partner
Our focus on financial planning and determining how much return you need to meet your goals is the antidote for the indiscriminate buying of whatever the financial wizards are trying to unload. Our goal is not to maximize returns regardless of risk. It is to make sure your money lasts as long as you need it, and to maintain your purchasing power over time. This is a slow, arduous, and mostly boring process characterized by “decades where nothing happens, and weeks where decades happen". - Allen Wallace, MBA, CFA®, CPA/PFS, CFP®
Fee-Only financial planner located in Cedar Rapids, Iowa, serving clients locally and across the country
Allen Wallace is a Cedar Rapids, Iowa fee-only financial advisor serving clients locally and across the country. Basepoint Wealth provides comprehensive financial planning, investment management, tax planning, and retirement plan solutions to help individuals and businesses organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, Allen Wallace is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
Allen Wallace has been a personal financial planner and wealth advisor for over 22 years. He has broad, in-depth experience in creating and implementing personal financial planning and investment strategies that are unique and customized for each client. He studied Finance and Business Administration as an undergraduate at Augustana College followed by his Masters in Business Administration and Certificate in Leadership from the University of Iowa.
He and his wife Kate, who serve as managing partners of Basepoint Wealth, set out with other like-minded advisors in 2017 to create something different than the financial industry norm. They wanted to create an advisory experience which provides transparent, independent, fiduciary advice and wealth management planning for clients. Basepoint Wealth prides itself as one of the top fee-only firms in Eastern Iowa.
Allen remarks, "The greatest reward that I get from clients is when they tell me that they feel safe knowing that we will make their money work as hard as they need without taking risks that put them into a position of permanent loss of standard of living."
In the role of Chief Investment Officer, Allen oversees the implementation of our entire Wealth Management Process. Allen adds, "Investments are a lifetime course of study. No matter how much you learn there is still an unlimited amount that you do not know. Identifying what is important and mastering those concepts has been the joy of my professional life. Getting to the point where I can teach others what I have learned has only accelerated the joy."
Allen values quality time with his wife and children, especially on their family farm and is well known for his love of life long learning. He enjoys continuing to expand his knowledge on a variety of subjects including finance and history, reading old books, and watching documentaries. Allen also loves to teach and takes every opportunity to share the knowledge he has been lucky enough to accumulate, especially with his three children.
Allen writes frequently for Basepoint Wealth. Read his commentary here.
To schedule a meeting with Allen please email allen.wallace@basepointwealth.com or call 319-826-1898.
Basepoint Wealth is an independent, fee-only wealth advisory firm based in Cedar Rapids, IA. Our goal is to make fiduciary financial advice more accessible to regular families. No commissions, no sales or pressure, just quality financial planning for an affordable fee. Visit our website to find out more!
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
Specialties
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Management
- College Education Planning
- Tax Planning
Ideal Clients
- Retirees and Near Retirees
- Growing Families
- Business Owners and Executives
- Sudden Money Situations
- Novice Investors
Working Together
- In-Office Meetings
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
- Complimentary Initial Consultation
Professional Designations & Affiliations
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Allen Wallace is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for VerificationCFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
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Allen Wallace is a CFA® charterholder
The CFA Program is the most respected and recognized investment management designation in the world with less than 200,000 charterholders globally.
This advisor has earned the Chartered Financial Analyst® designation (CFA® charter) by passing all three of the CFA exams and gaining relevant industry experience, demonstrating their mastery of the investment analysis and decision-making skills most needed in the global investment management profession.
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Allen Wallace is a Member of the CFA Institute
The CFA Institute is a global, not-for-profit organization comprising the world’s largest association of investment professionals. With more than 170,000 members and 150 regional societies around the world, the organization is dedicated to developing and promoting the highest educational, ethical, and professional standards in the investment industry.
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Allen Wallace is a Certified Public Accountant (Learn More)A Certified Public Accountant (CPA) is a professional accountant who has met the education and experience requirements set by their state's Board of Accountancy and has passed the Uniform CPA Exam. CPAs are licensed to provide a wide range of accounting services, including financial statement preparation, tax planning and preparation, auditing, consulting, and other financial advisory services.
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Allen Wallace is a Personal Financial Specialist (PFS)The Personal Financial Specialist (PFS) credential is granted solely to CPAs (Certified Public Accountants) with considerable personal financial planning education and experience. All areas of personal financial planning—including estate, retirement, investments, and insurance—have tax implications, and the PFS professional has the experience, ethics, and expertise to get the job done right.
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Allen Wallace Presented "Beyond Modern Portfolio Theory" for Financial Service Professionals Eastern Iowa Chapter 2022 Annual Professional's Day
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Allen Wallace is Quoted on Yahoo Finance: "Basepoint Wealth Crosses $500 Million in Assets Under Management"
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Allen Wallace is Quoted on Marion Chamber: "Basepoint Tax & Accounting acquires Allen Accounting"
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Allen Wallace is Interviewed on KCRG: "Expert warns against Game Stop, Meme stock investing"
Contact Allen Wallace
Office Locations:
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4144 Golf Street NE
Cedar Rapids, IA 52402
