Turnstone Financial

Turnstone Financial, established in May 2010 and licensed in Ohio since 2014, offers manager selection and supervision services to individuals, businesses, high-net-worth individuals, and charitable organizations. As a fiduciary, the firm prioritizes clients' interests and discloses any potential conflicts of interest. Turnstone Financial does not directly hold customer funds or securities. The firm provides tailored services based on clients' needs, including client-imposed restrictions. They do not participate in wrap fee programs and have $152,759,270.00 in discretionary assets under management as of December 2024. Turnstone Financial charges fees based on a tiered schedule, with fees deducted from client accounts and shared with third-party managers. The firm may receive soft dollar benefits from custodians and broker-dealers. Clients have the option to direct their own investments, with TF executing trades on their behalf. The firm's investment strategies include modern portfolio theory, emphasizing long-term trading. Turnstone Financial does not accept performance-based fees and provides services to individuals, high-net-worth individuals, and charitable organizations without an account minimum. Clients receive regular reports and have the option to review their accounts annually or as triggered by specific events. The firm does not vote proxies for clients and has no financial conditions impairing its ability to meet contractual commitments.