# Tortuga Wealth Management

> 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.

- CRD: 153737
- Filed as: TORTUGA WEALTH MANAGEMENT
- Legal name: Tortuga Wealth Management, Inc.
- Also doing business as: TORTUGA WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Torrance, CA
- Filing period: October 2026
- Form ADV filing dated: February 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/153737
- AdvisorCensus page: https://advisorcensus.com/firm/tortuga-wealth-management-torrance-ca-153737

## Quick answers

**How is Tortuga Wealth Management compensated?**
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).

**How much does Tortuga Wealth Management charge?**
Its Form ADV Part 2A brochure dated February 13, 2026 states: Flat fee: up to $20,000 (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Tortuga Wealth Management located?**
Tortuga Wealth Management's principal office is in Torrance, CA, according to its Form ADV.

**Is Tortuga Wealth Management registered with the SEC or a state?**
Tortuga Wealth Management is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 153737.

**How much does Tortuga Wealth Management manage?**
Tortuga Wealth Management reports $222,882,492 in regulatory assets under management in its Form ADV filing dated February 13, 2026 (100% discretionary).

**How have Tortuga Wealth Management's assets and staff changed since 2022?**
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.

**What types of clients does Tortuga Wealth Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (354); corporations or other businesses not listed above (4).

**Which custodians does Tortuga Wealth Management use?**
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.

**Does Tortuga Wealth Management 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/153737

**What changed in Tortuga Wealth Management's recent Form ADV filings?**
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.

## 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 February 13, 2026)

- Flat fee: up to $20,000 (financial planning and consulting services)

> Flat fees will not exceed $ 20,000. The fee-paying arrangements will be determined on a case -by-case basis and will be detailed in the signed consulting agreement.

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

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial LLC

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: $222,882,492
- Discretionary: $222,882,492
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 354 | $221,594,116 |
| Corporations or other businesses not listed above | 4 | $1,288,376 |

### Advisory services (Item 5.G)
- 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)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, IL, LA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- tortugawealth.com
- Facebook @TORTUGAWEALTH
- LinkedIn @TORTUGA-WEALTH-MANAGEMENT
- X @TORTUGAWEALTH
- YouTube @tortugawealthmanagement

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $109,000,000 | 4 | March 23, 2022 |
| October 2023 | $101,314,393 | 4 | March 8, 2023 |
| October 2024 | $136,873,482 | 4 | March 25, 2024 |
| October 2025 | $156,006,704 | 4 | February 4, 2025 |
| October 2026 | $222,882,492 | 4 | February 13, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $156,006,704 to $222,882,492 (+43%).
- Registered or notice-filed in AZ, VA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Tortuga Wealth Management (CRD 153737): Form ADV filing data as of October 2026.