Tortuga Wealth Management offers financial planning and investment advisory services to individuals. Financial planning covers investment, retirement, estate, charitable, education, and tax planning. Investment management is provided through LPL Financial's advisory programs, where Tortuga assists clients in selecting suitable programs and investment objectives. Tortuga acts as a fiduciary, prioritizing client interests and maintaining open communication.
Fee Structure
Tortuga Wealth Management provides investment management through LPL Financial's advisory programs. The annual fees for these programs are:
- Optimum Market Portfolios (OMP) — 2.50%
- Personal Wealth Portfolios (PWP) — 2.50%
- Model Wealth Portfolios (MWP) — 2.83%
- Manager Access Select (MAS) — 3.00%
These fees are billed quarterly in advance based on the account value at the end of the previous quarter. LPL Financial handles the billing process. Clients may incur additional fees, such as transaction fees for non-wrap accounts and charges imposed by mutual funds or custodians.