Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management of Pooled Investment Vehicles
- Portfolio Management for Businesses or Institutional Clients
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pooled Investment Vehicles
- Pension & Profit Sharing Plans
- Charitable Organizations
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Topturn Capital, LLC Overview
TOPTURN CAPITAL, LLC is a registered investment advisory firm that has been in business since 2009. Based in Monterey, CA, the firm specializes in investment advice, providing a range of services to individuals, small businesses, institutions, and pooled investment vehicles. As a fee-based firm, TOPTURN CAPITAL charges fees for their services, rather than relying on commissions or other forms of compensation. This allows them to offer objective advice and work in the best interests of their clients. The firm's services include financial planning, which can help clients achieve their long-term financial goals through a personalized approach. They also offer portfolio management, helping clients build and manage a portfolio of investments that align with their investment objectives and risk tolerance. In addition, TOPTURN CAPITAL can provide portfolio management services to businesses and institutions, helping them manage their investments more effectively. They also offer a selection of other advisors, giving clients access to a range of investment professionals with different specialties and areas of expertise. Overall, TOPTURN CAPITAL, LLC is a leading investment advisory firm that offers a wide range of investment services to clients. Through their fee-based approach and personalized advice, they help clients achieve their long-term financial goals and build a secure financial future.
TOPTURN CAPITAL, LLC is a leading investment management firm that serves a diverse clientele consisting of individuals, high net worth individuals, pooled investment vehicles, pension or profit sharing plans, and charitable organizations. Regardless of the type of client, TOPTURN CAPITAL, LLC is committed to delivering customized investment solutions tailored to meet the unique needs and objectives of each client. Their team of experienced advisors leverages their expertise and industry knowledge to offer sound investment advice while managing client portfolios. When it comes to fees, TOPTURN CAPITAL, LLC offers flexible fee structures to ensure that their clients receive value-based pricing. Depending on the service provided, clients can choose between a percentage of assets under management (AUM) or fixed fees. The percentage of AUM fee structure is great for clients who prefer to pay a fee based on the value of their assets being managed. On the other hand, fixed fees are ideal for clients who prefer to pay a set amount for a particular service. TOPTURN CAPITAL, LLC believes in transparency when it comes to fees and always strives to ensure that clients receive competitive pricing while still maintaining the highest standards of service and performance.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for Topturn Capital, LLC is generally $1,000,000 as stated in their Part 2 Brochure. However, the firm may accept clients with smaller portfolios based on certain criteria at their own discretion.
How This Office Can Help Monterey, CA Residents
Topturn Capital is a financial advisory firm that assists clients in Monterey, CA to make better investment decisions and take control of their finances. Monterey, CA residents may be facing financial situations such as saving for retirement, budgeting for college expenses, managing debt, and creating a plan for wealth transfer. Topturn Capital recognizes that each client's financial situation is unique and offers personalized solutions that meet their needs and goals. Topturn Capital's team of financial experts helps clients to make informed investment decisions by conducting thorough market research and providing insightful financial analysis. They also offer tax and estate planning services to assist clients in minimizing tax liabilities and protecting their assets. With their wealth of knowledge and expertise, Topturn Capital assists clients in Monterey, CA to achieve financial stability and long-term financial success.
Services Offered by Topturn Capital, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Topturn Capital, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
This firm has no other locations.
State Registrations
Topturn Capital, LLC is registered to service clients in the following states:
- California
- Nevada
- Utah
Disciplinary History
Topturn Capital, LLC does not have any disclosures. Please visit it's Form ADV for more details.