{
  "crd_number": 329263,
  "slug": "torren-management-llc-san-diego-ca-329263",
  "primary_business_name": "TORREN MANAGEMENT, LLC",
  "legal_name": "TORREN MANAGEMENT, LLC",
  "dbas": [],
  "city": "San Diego",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41740",
  "metro": {
    "cbsa_code": "41740",
    "common_name": "San Diego",
    "msa_name": "San Diego-Chula Vista-Carlsbad, CA",
    "path": "/advisors/ca/san-diego"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-02-08",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 373498620.0,
  "raum_discretionary": 373498620.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 14772229.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 351053966.0,
      "count": 6
    },
    "corporations_other_businesses": {
      "raum": 7672425.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO"
  ],
  "websites": [
    "https://linkedin.com/company/torren-management",
    "https://linkedin.com/in/dreinig",
    "https://linkedin.com/in/luramarrs",
    "https://linkedin.com/in/nathan-dutzmann",
    "https://linkedin.com/in/ryanmlawler",
    "https://linkedin.com/in/todd-hyatt-736a7ba",
    "https://torren.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/329263",
  "city_as_filed": "SAN DIEGO",
  "url": "https://advisorcensus.com/firm/torren-management-llc-san-diego-ca-329263",
  "display_name": "Torren Management, LLC",
  "summary": "Torren Management, LLC is an SEC-registered investment advisory firm in San Diego, CA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Torren Management, LLC (CRD 329263): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Torren Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Torren Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Torren Management, LLC located?",
      "a": "Torren Management, LLC's principal office is in San Diego, CA, according to its Form ADV."
    },
    {
      "q": "Is Torren Management, LLC registered with the SEC or a state?",
      "a": "Torren Management, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 329263."
    },
    {
      "q": "How much does Torren Management, LLC manage?",
      "a": "Torren Management, LLC reports $373,498,620 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Torren Management, LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Torren Management, LLC: Regulatory assets under management: $147,130,787 in the October 2024 data and $373,498,620 in the October 2026 data, up 154%. Total employees: 4 in October 2024 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Torren Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (6); charitable organizations (1); corporations or other businesses not listed above (1)."
    },
    {
      "q": "Which custodians does Torren Management, LLC use?",
      "a": "Torren Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Torren Management, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/329263"
    },
    {
      "q": "Does Torren Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 says: \"The Registrant typically requires a minimum asset level of $3,000,000 for investment management services. However, the Registrant my at its discretion, may choose to accept investment management relationships that do not meet the firm’s stated minimum asset requirement based upon various circumstances.\""
    },
    {
      "q": "What changed in Torren Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $333,648,226 to $373,498,620 (+12%). Employees performing advisory functions went from 3 to 4. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 147130787.0,
      "total_employees": 4,
      "filing_date": "2024-06-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 176977731.0,
      "total_employees": 4,
      "filing_date": "2025-03-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 373498620.0,
      "total_employees": 5,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $333,648,226 to $373,498,620 (+12%).",
        "Employees performing advisory functions went from 3 to 4.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Regulatory assets under management went from $176,977,731 to $333,648,226 (+89%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$3,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $3,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The Registrant typically requires a minimum asset level of $3,000,000 for investment management services. However, the Registrant my at its discretion, may choose to accept investment management relationships that do not meet the firm’s stated minimum asset requirement based upon various circumstances."
        ]
      }
    ],
    "quotes": [
      "The Registrant typically requires a minimum asset level of $3,000,000 for investment management services. However, the Registrant my at its discretion, may choose to accept investment management relationships that do not meet the firm’s stated minimum asset requirement based upon various circumstances."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/torren-management-llc-san-diego-ca-329263.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 6,
      "fewer_than_5": false,
      "raum": 351053966.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 14772229.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 7672425.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/329263",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}