#United States #Islamorada #Bastion Fiduciary #Islamorada Investment Management #Picket Fence Financial

The Birth of Bastion Fiduciary: A New Era in Financial Services

In a monumental move for the financial advisory landscape, Islamorada Investment Management (IIM) has acquired Picket Fence Financial (PFF), resulting in the formation of a new entity known as Bastion Fiduciary. This partnership brings together two prominent veteran-owned firms, each dedicated to providing superior financial planning and investment management services.

The merger, announced on April 23, 2025, marks a significant milestone in the growth strategy of both companies. IIM, known for its fee-only model and expertise in value investing, will now incorporate PFF’s proficiency in comprehensive financial planning. The collaborative effort aims to enhance their client offerings and operational efficiency.

Building Strong Foundations

Bastion Fiduciary represents more than just a new name. With approximately $110 million in assets under management, the firm is poised to provide a robust suite of investment strategies and financial planning services that cater to various levels of client complexity. This merger combines multiple proprietary active value investing strategies with low-cost index ETFs—allowing clients access to diversified and risk-managed portfolios.

As a SEC-registered firm, Bastion Fiduciary is committed to the fiduciary standard, prioritizing the best interests of its clients over sales incentives. The decision to retain a fee-only structure signals a promise to maintain transparency and integrity in all client dealings.

Leadership Team Highlights

The leadership at Bastion Fiduciary is impressive, featuring a team of seven skilled professionals, including two Certified Financial Planners (CFP®), three MBAs, a Chartered Financial Analyst (CFA®) charterholder, and five others holding advanced degrees. Cale Smith, a Managing Partner at IIM, steps in as the CEO of the new firm. Smith has emphasized the importance of the partnership, stating, “Teaming up with Kirk, who I consider an excellent financial planner, allows us to deepen our expertise in tax and retirement planning.”

Kirk Kinder, the former CEO of PFF, takes on the role of Director of Financial Planning. He expressed enthusiasm about the merger, highlighting how it lays the groundwork for increased client benefits. “I’m excited to align with Bastion’s ethos and the commitment we share towards transparent dealings with our clients,” Kinder remarked.

A Name with Meaning

The choice of the name Bastion Fiduciary holds significant meaning. The term “bastion” symbolizes security and strength, resonating well with the military backgrounds of the founding partners, three of whom are veteran military officers. Additionally, the inclusion of the word “fiduciary” reinforces the firm’s commitment to act in the best interests of its clients, eliminating potential conflicts of interest associated with sales-driven investment models.

Future Outlook

Headquartered in sunny Islamorada, Florida, Bastion Fiduciary is set to unveil a series of innovative service offerings throughout 2025. The firm currently operates multiple offices across the United States, including locations in Florida, Maryland, New Orleans, Southeast Texas, Raleigh, Pennsylvania, and Southern California.

Investors interested in learning more can sign up for updates through their website at www.lastbastion.com/subscribe.

In conclusion, the merger between Islamorada Investment Management and Picket Fence Financial signifies a promising chapter in financial advisory services, driven by veteran leadership and a commitment to client-centered fiduciary practice. As Bastion Fiduciary continues to develop, it aims to redefine transparency and integrity in financial advising, fostering trust and success among its clientele.