# Torrey Growth & Income Advisors, LLC

> Torrey Growth & Income Advisors, LLC is an SEC-registered investment advisory firm in Del Mar, CA, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 14, 2026.

- CRD: 139940
- Filed as: TORREY GROWTH & INCOME ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Del Mar, CA
- Filing period: October 2026
- Form ADV filing dated: August 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/139940
- AdvisorCensus page: https://advisorcensus.com/firm/torrey-growth-and-income-advisors-llc-del-mar-ca-139940

## Quick answers

**How is Torrey Growth & Income Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Torrey Growth & Income Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Torrey Growth & Income Advisors, LLC located?**
Torrey Growth & Income Advisors, LLC's principal office is in Del Mar, CA, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Torrey Growth & Income Advisors, LLC registered with the SEC or a state?**
Torrey Growth & Income Advisors, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 139940.

**How much does Torrey Growth & Income Advisors, LLC manage?**
Torrey Growth & Income Advisors, LLC reports $328,358,441 in regulatory assets under management in its Form ADV filing dated August 14, 2026 (100% discretionary).

**How have Torrey Growth & Income Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Torrey Growth & Income Advisors, LLC: Regulatory assets under management: $304,568,535 in the October 2021 data and $328,358,441 in the October 2026 data, up 8%. Total employees: 2 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Torrey Growth & Income Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (229); high net worth individuals (64).

**Which custodians does Torrey Growth & Income Advisors, LLC use?**
Torrey Growth & Income Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Torrey Growth & Income Advisors, LLC report any disciplinary disclosures?**
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/139940

**Does Torrey Growth & Income Advisors, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated April 22, 2026 says: "The minimum portfolio size for ongoing management is $1,000,000, which may be reduced or waived at our discretion."

**What changed in Torrey Growth & Income Advisors, LLC's recent Form ADV filings?**
In the September 2026 filing data: Registered or notice-filed in WA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated April 22, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The minimum portfolio size for ongoing management is $1,000,000, which may be reduced or waived at our discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $328,358,441
- Discretionary: $328,358,441
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 229 | $50,180,102 |
| High net worth individuals | 64 | $276,578,172 |
| Charitable organizations | Fewer than 5 | $1,600,167 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2006 (20 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, DC, FL, NC, NH, NY, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Washington, DC

### Websites listed on Form ADV (Item 1.I)
- torreygrowth.com
- LinkedIn @torrey-growth-income-advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $304,568,535 | 2 | March 31, 2021 |
| October 2022 | $291,375,437 | 2 | July 22, 2022 |
| October 2023 | $251,376,666 | 2 | March 7, 2023 |
| October 2024 | $303,038,539 | 1 | March 21, 2024 |
| October 2025 | $322,165,732 | 3 | May 30, 2025 |
| October 2026 | $328,358,441 | 5 | August 14, 2026 |

Regulatory assets under management: $304,568,535 in the October 2021 data and $328,358,441 in the October 2026 data, up 8%.
Total employees: 2 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Registered or notice-filed in WA.

### December 2025
- Employees performing advisory functions went from 2 to 3.
- Registered or notice-filed in FL, NH, NY, TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Torrey Growth & Income Advisors, LLC (CRD 139940): Form ADV filing data as of October 2026.