Tortuga Wealth Management logo

Tortuga Wealth Management

Updated today

Client assets under management

$221,594,116

Clients

354

100% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

89

High

Average account size

$625,972

About

Tortuga Wealth Management advises individuals and high‑net‑worth clients and provides financial planning, consulting and discretionary portfolio management. The firm manages roughly $222.9 million in discretionary assets and delivers investment services primarily through LPL Financial–sponsored programs and its own wrap fee offering.

The firm employs a mix of fundamental and technical analysis (including charting and cyclical analysis) and uses a range of strategies from long‑term and short‑term purchases to active trading, option writing, short sales and margin. It also discloses use of derivatives and recommends cryptocurrency products, and it implements borrowing within separately managed accounts — practices that introduce additional market, leverage and counterparty risks.

Tortuga is notable among peers for sponsoring a wrap fee program and for relying on multiple LPL program platforms (OMP, PWP, MWP, MAS) to deliver asset management, with asset management described as offered only through wrapped accounts. Its advisors are dually registered with LPL and sell insurance products, and the brochure documents specialized planning services (e.g., cost segregation studies, corporate structure and lines of credit analysis) that extend beyond standard individual wealth management.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Options & derivatives strategies

Fee options

Fixed

Flat fees up to $20,000 for financial planning and consulting services

Percentage

$10,000+: 2.50% annually (Optimum Market Portfolios Program) $250,000+: 2.50% annually (Personal Wealth Portfolios Program) $25,000+: 2.83% annually (Model Wealth Portfolios Program, includes up to 2.00% advisor fee) $100,000+: 3.00% annually (Manager Access Select Program)

Project-based

Up to $1,000 per hour for financial planning and consulting services

Other

Account minimum: $10,000 Fee-only: Financial Planning & Consulting fees: hourly up to $1,000/hour or flat fees up to $20,000

Main office location

Tortuga Wealth Management

1957 Carson Street, Suite 100

Torrance CA 90501, United States

Number of offices

1

Most active in

Arizona · California · Illinois · Louisiana · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Kevin B

CFP®, ChFC®, Series 63

Torrance, CA

Tortuga Wealth Management

Kevin Bidenkap is a CFP® and ChFC® with 31 years of industry experience. He has been with Tortuga Wealth Management since 2010 and is also affiliated with LPL Financial. He serves as a for-profit board member of Quick Class, Inc. Tortuga Wealth Management advises individuals and high-net-worth clients, providing financial planning, consulting, and discretionary portfolio management. The firm manages approximately $223 million in discretionary assets and uses a combination of fundamental and technical analysis across a range of investment strategies, delivering services primarily through LPL Financial–sponsored programs and its own wrap fee offering.

Options & derivatives strategies
user avatar

Christine C

Series 66

Torrance, CA

Tortuga Wealth Management

Christine Chui is a financial advisor at Tortuga Wealth Management with 19 years of industry experience. She holds a Series 66 designation and has worked at LPL Financial since 2014 in various capacities. Outside of her advisory work, she is involved in managing family real estate holdings and serves as a trustee for a family trust. Tortuga Wealth Management serves individual and high-net-worth clients, offering financial planning, consulting, and discretionary portfolio management. The firm employs a combination of fundamental and technical analysis and utilizes multiple LPL Financial program platforms to deliver asset management primarily through wrapped accounts.

Options & derivatives strategies
user avatar

Angela S

CFP®, Series 66

Torrance, CA

Tortuga Wealth Management

Angela Sheldon is a CFP® and holds a Series 66 license with 24 years of industry experience. She has been with Tortuga Wealth Management since 2010, working alongside the team in Torrance, CA. Tortuga Wealth Management advises individuals and high-net-worth clients, offering financial planning, consulting, and discretionary portfolio management. The firm employs a combination of fundamental and technical analysis and utilizes multiple LPL Financial–sponsored programs alongside its own wrap fee offering.

Options & derivatives strategies
user avatar

Jeffrey W

Series 66

Torrance, CA

Tortuga Wealth Management

Jeffrey Weston is a financial advisor with LPL Financial in Torrance, CA, holding a Series 66 designation and 12 years of industry experience. He has worked at Morgan Stanley and Morgan Stanley Private Bank before joining LPL Financial and founding Tortuga Wealth Management, where he provides independent investment advisory services. Weston also serves as a board member of the Kaena Foundation, a nonprofit organization. LPL Financial offers advisory and brokerage services to a diverse client base, including individual investors, retirement plans, institutions, and high-net-worth households. The firm supports its advisors with in-house research, model portfolios, and a variety of investment and service options tailored to client needs.

Options & derivatives strategies
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