Towerpoint Wealth, LLC

Towerpoint Wealth is a financial advisor firm established in 2017, based in Sacramento, CA. The firm specializes in providing investment advisory services to individuals and various clients. Towerpoint Wealth operates as a fiduciary, committed to acting in the best interest of clients. Services offered include Wealth Management, Financial Planning & Consulting, Portfolio Monitoring, and Retirement Plan Consulting. The firm's investment strategies include Long-Term Purchases, Short-Term Purchases, Trading, Margin Loans, Options, Covered Calls, and Uncovered Options. Towerpoint Wealth manages $468,735,598 on a discretionary basis and $1,267,175 on a non-discretionary basis as of December 31, 2024. The fee structure for Wealth Management services is tiered based on assets under management, while Financial Planning & Consulting fees are charged on an hourly or flat fee basis. The firm recommends utilizing Charles Schwab & Co. for custody and brokerage services, with Altruist Financial LLC as an alternative for certain client account types. Towerpoint Wealth receives support from Schwab for administrative purposes, and clients receive account statements directly from custodians. The firm does not accept proxy authority to vote client securities. Towerpoint Wealth does not have financial information disclosed in the brochure.