{
  "crd_number": 153737,
  "slug": "tortuga-wealth-management-torrance-ca-153737",
  "primary_business_name": "TORTUGA WEALTH MANAGEMENT",
  "legal_name": "TORTUGA WEALTH MANAGEMENT, INC.",
  "dbas": [
    "TORTUGA WEALTH MANAGEMENT"
  ],
  "city": "Torrance",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-04-22",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-02-13",
  "carried_forward": false,
  "raum_total": 222882492.0,
  "raum_discretionary": 222882492.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 221594116.0,
      "count": 354
    },
    "corporations_other_businesses": {
      "raum": 1288376.0,
      "count": 4
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "IL",
    "LA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/TORTUGAWEALTH",
    "https://linkedin.com/COMPANY/TORTUGA-WEALTH-MANAGEMENT",
    "https://tortugawealth.com",
    "https://x.com/TORTUGAWEALTH",
    "https://youtube.com/@tortugawealthmanagement"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/153737",
  "city_as_filed": "TORRANCE",
  "url": "https://advisorcensus.com/firm/tortuga-wealth-management-torrance-ca-153737",
  "display_name": "Tortuga Wealth Management",
  "summary": "Tortuga Wealth Management is an SEC-registered investment advisory firm in Torrance, CA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 13, 2026.",
  "citation": "AdvisorCensus. Tortuga Wealth Management (CRD 153737): 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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Tortuga Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Tortuga Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Tortuga Wealth Management located?",
      "a": "Tortuga Wealth Management's principal office is in Torrance, CA, according to its Form ADV."
    },
    {
      "q": "Is Tortuga Wealth Management registered with the SEC or a state?",
      "a": "Tortuga Wealth Management is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 153737."
    },
    {
      "q": "How much does Tortuga Wealth Management manage?",
      "a": "Tortuga Wealth Management reports $222,882,492 in regulatory assets under management in its Form ADV filing dated February 13, 2026 (100% discretionary)."
    },
    {
      "q": "How have Tortuga Wealth Management's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Tortuga Wealth Management: Regulatory assets under management: $109,000,000 in the October 2022 data and $222,882,492 in the October 2026 data, up 104%. Total employees: 4 in October 2022 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Tortuga Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (354); corporations or other businesses not listed above (4)."
    },
    {
      "q": "Which custodians does Tortuga Wealth Management use?",
      "a": "Tortuga Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Tortuga Wealth Management 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/153737"
    },
    {
      "q": "What changed in Tortuga Wealth Management's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $156,006,704 to $222,882,492 (+43%). Registered or notice-filed in AZ, VA."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 109000000.0,
      "total_employees": 4,
      "filing_date": "2022-03-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 101314393.0,
      "total_employees": 4,
      "filing_date": "2023-03-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 136873482.0,
      "total_employees": 4,
      "filing_date": "2024-03-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 156006704.0,
      "total_employees": 4,
      "filing_date": "2025-02-04"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 222882492.0,
      "total_employees": 4,
      "filing_date": "2026-02-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $156,006,704 to $222,882,492 (+43%).",
        "Registered or notice-filed in AZ, VA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL 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/tortuga-wealth-management-torrance-ca-153737.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 354,
      "fewer_than_5": false,
      "raum": 221594116.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": false,
      "raum": 1288376.0
    }
  ],
  "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/153737",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}