TORTUGA WEALTH MANAGEMENT
TORTUGA WEALTH MANAGEMENT, INC. Legal Name
Adviser information for TORTUGA WEALTH MANAGEMENT last updated from Form ADV on March 25th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | California, United States |
Employees
| Total Number of Employees | 4 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 4 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 4 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 506 | $136.9M |
| Non-Discretionary | 0 | $0 |
| Total | 506 | $136.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 331 | $133.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $3.6M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 7.4M |
| Portfolio Manager | 129.5M |
| Both for Same | 136.9M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| TORTUGA FREEDOM WRAP FEE PROGRAM | TORTUGA WEALTH MANAGEMENT |
Identifiers
| SEC RIA File Number | 801-124715 |
|---|---|
| SEC ERA File Number | 801-124715 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 153737 |
| Legal Entity Identifier | None |
Principal Office
1957 CARSON STREETSUITE 100
TORRANCE
CA
United States
Monday - Friday, 7:00AM - 4:00PM
Tel: 310-935-0275, Fax: 310-606-2084
Chief Compliance Officer
ANGELA PARK SHELDON
VICE PRESIDENT
1957 CARSON STREET
SUITE 100
TORRANCE
CA
United States
Tel:
310-906-0517
Fax:
310-606-2084
A*****@****************M
(Full email address available in API data)
Regulatory Contact
KEVIN BIDENKAP
PRESIDENT
1957 CARSON STREET
SUITE 100
TORRANCE
CA
United States
Tel:
310-906-0676
K****@****************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BIDENKAP, KEVIN, LEE | Individual | – | PRESIDENT | 05/2010 | 50-75% |
| SHELDON, ANGELA, PARK | Individual | – | VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER | 05/2010 | 50-75% |