Tripletail Wealth Management

Tripletail Wealth Management provides discretionary portfolio management and complementary comprehensive financial planning to individuals (including high-net-worth clients), trusts, estates, charitable organizations, and business entities. The firm also offers a wrap-fee program and facilitates insurance and trust-related services through affiliated insurance licensing and a related trust practice.

The adviser follows a tactical allocation approach informed by fundamental analysis, tailoring portfolios to clients’ objectives and risk tolerances and employing a broad set of instruments including listed equities, fixed income, options, variable products, private placements, and interests in real estate partnerships. Tripletail may use cash positions as a hedge, recommends reallocations or specific securities when warranted, and makes its wrap-fee option available in lieu of separately billed transaction costs (the wrap program does not include third‑party sub‑advisors).

Compared with many peers, the firm is a small supported practice with a compact advisory team and roughly $132 million in assets under management, a $500,000 stated account threshold (waivable at the adviser’s discretion), and several uncommon affiliations: a principal is a licensed attorney who provides trust and estate services through a related fiduciary business (creating situations where the firm may be deemed to have custody when acting as trustee), and supervised persons are licensed insurance agents operating through the firm’s insurance agency. The brochure also discloses a limited performance‑fee arrangement for a small number of clients and explains the potential conflicts arising from insurance commissions and related affiliated activities.