Cale Smith is the founder and managing partner of Islamorada Investment Management (IIM), and manages a small-cap value portfolio called the Tarpon Folio.

In 2008, Cale founded IIM and created the Spoke Fund® model of portfolio management. Prior to IIM, Cale served as the director of research at an equity research firm, as lead equity analyst for an independent research firm, and as an analyst at a hedge fund.

Cale is also Treasurer on the Board of Directors of the Florida Keys Electric Cooperative, which provides electricity to approximately 30,000 members in the Upper Florida Keys. He is a director on the operating board of Mariners Hospital and sits on the investment committee for Baptist Health South Florida, which oversees $5.4 billion in assets. Cale previously served as President of the Islamorada Chamber of Commerce and was a recipient of the Irving Eyster Award for outstanding volunteer service to the community.

Cale is a veteran and an honors graduate of the U.S. Coast Guard Academy. He received an MBA from the College of William & Mary. In 2000, Cale competed in the Olympic rowing trials as a single sculler.