Turning Point Financial

RIASEC Registered

Total AUM

$339M

Discretionary

$339M

100% of AUM

Avg account

$188K

Accounts

1,804

Employees

Advisory reps

Firm details

Headquarters: Frederick, Maryland
CRD number: 301282
Registered since: July 3, 2019
Website: www.tpfinancial.com
Custodians: SEI INVESTMENTS DISTRIBUTION CO., CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI55.07%
Individuals44.65%
Charitable Organizations0.19%
Corporations / Businesses0.09%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Turning Point Financial is an independent, individually owned registered investment adviser that entered SEC registration in 2019. The firm positions itself as a multi-service wealth practice for individuals, families and select institutional clients, combining financial planning and discretionary portfolio management with the ability to select third-party advisers. Its fee schedule includes percentage-of-AUM billing as well as hourly and fixed-fee arrangements. In addition to advisory work, the firm operates insurance brokerage and accounting activities, and it identifies itself as a capital allocator that deploys client capital into external managers when appropriate. The firm does not list ESG investing as an active focus.