Tuma Financial, LLC is a registered investment advisor based in Marriottsville, Maryland, founded in 2016 and led by Patrick James Tuma. The firm provides ongoing portfolio management services tailored to each client's individual goals, time horizon, and risk tolerance through an Investment Policy Statement. Portfolio management includes investment strategy, asset allocation, asset selection, risk tolerance evaluation, and regular portfolio monitoring. Tuma Financial generally limits its investment advice to mutual funds, fixed income securities, real estate funds including real estate investment trusts, insurance products including annuities, equities, exchange-traded funds, and non-United States securities. In addition to portfolio management, Tuma Financial offers hourly financial planning covering investment planning, life insurance, tax concerns, retirement planning, college planning, and debt and credit planning. The firm operates on a fee structure based on a percentage of the value of your portfolio or hourly rates, does not participate in wrap fee programs, and requires clients to use Charles Schwab & Co., Inc. as the custodian for their assets.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.70% |
| $1.0M - $2.0M | 0.60% |
| $2.0M - $3.0M | 0.50% |
| $3M+ | 0.40% |
Fees are generally negotiable. Final fee schedule is attached as Exhibit II of the Investment Advisory Contract.