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KL
CFP
KL
CFP

Kurt Lalomia

Turning Point Financial
33 Years of Experience
Frederick, MD
1 DisclosureSells Insurance
View SEC Summary
View SEC Summary

Kurt Lalomia is a CFP-designated registered investment advisor at Turning Point Financial, based in Frederick, MD, with 33 years of industry experience. Kurt operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Divorce Planning, Education Planning, Estate Planning, and 6 more. Their firm serves 794 clients with $340M in assets under management.

Turning Point Financial
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
15 advisors
Number of Clients
794 clients
Average Client Portfolio
$427K average
Assets Under Management
$339.4M

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K1.60%
$500K - $1.0M1.25%
$1.0M - $3.0M1.00%
$3.0M - $5.0M0.85%
$5.0M - $10.0M0.75%
$10M+0.65%

Fees are guidelines and may be negotiable. Additional asset management model fees ranging from 0.15% to 0.60% may apply depending on the chosen strategy.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

153 W Patrick Street, Frederick, MD, 21701

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
January 2016
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Kurt works as an independent insurance agent for various independent insurance companies since 2018. This activity takes a few hours per week.

Employment History
Current Registrations
Turning Point Financial
July 2019 - Present · 7 yrs 3 mos
Previous Registrations
Cambridge Investment Research Advisors, INC.
August 2018 - July 2019 · 11 mos
Cambridge Investment Research, INC.Broker
August 2018 - July 2019 · 11 mos
Janney Montgomery Scott LLC
May 2016 - July 2018 · 2 yrs 2 mos
Janney Montgomery Scott LLCBroker
May 2016 - July 2018 · 2 yrs 2 mos
Stifel, Nicolaus & Company, Incorporated
May 2014 - March 2016 · 1 yr 10 mos
Stifel, Nicolaus & Company, IncorporatedBroker
December 2005 - March 2016 · 10 yrs 3 mos
Legg Mason Wood Walker, IncorporatedBroker
February 1995 - December 2005 · 10 yrs 10 mos
The Equitable Life Assurance Society of the United StatesBroker
February 1990 - March 1992 · 2 yrs 1 mo
Donaldson, Lufkin & Jenrette Securities CorporationBroker
August 1989 - January 1990 · 5 mos
State Registrations1 state
MD
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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