Southport Station Financial Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 51–100 clients last fiscal year.
Southport Station Financial Management reports 182 clients. They include 98 individual clients and 84 high-net-worth individuals. Of its assets, 81.3% ($156M across 301 accounts) are managed with discretion; $35.9M across 25 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 13% |
| High-net-worth individuals | 46% | 84% |
| Pension and profit-sharing plans | Fewer than 5 | 3% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 98 | $24.5M | 12.7% | $250K |
| High-net-worth individuals | 84 | $162M | 84.1% | $1.92M |
| Pension and profit-sharing plans | Fewer than 5 | $6.06M | 3.2% | — |
| Total | 182 | $192M | 100% | — |
- Clients
- 98
- Regulatory AUM
- $24.5M
- AUM share
- 12.7%
- Avg. per client
- $250K
- Clients
- 84
- Regulatory AUM
- $162M
- AUM share
- 84.1%
- Avg. per client
- $1.92M
- Clients
- Fewer than 5
- Regulatory AUM
- $6.06M
- AUM share
- 3.2%
- Avg. per client
- —
Total
- Clients
- 182
- Regulatory AUM
- $192M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Southport Station Financial Management charges 0.75%–1.25% a year for its Investment advisory services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Stand-alone financial planning and consulting is negotiable: a fixed fee of $500 to $20,000, or $250 to $375 an hour.
Teck Financial, Inc. owns 75% or more of Southport Station Financial Management and is in turn owned by Thomas Turiano (75% or more). The leadership team of Southport Station Financial Management includes Chief Compliance Officer Thomas Turiano. It has 3 employees.
Leadership
- Thomas TurianoChief Compliance Officer / Managing Director
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 1 broker-dealer rep
- 2 insurance agents
- Owns 75% or more of Southport Station Financial Management, LLC
Teck Financial, Inc.
Control person · since January 2015
- Owns 75% or more of Teck Financial, Inc.
Thomas Turiano
Control person · since January 2015
Southport Station Financial Management’s regulatory assets grew from $160M (April 2021) to $192M (March 2026); clients rose from 172 to 182 and employees fell from 4 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $192M | 182 | 3 | 3 |
| March 2025 | $184M | 215 | 3 | 3 |
| March 2024 | $175M | 171 | 3 | 3 |
| March 2023 | $158M | 193 | 3 | 3 |
| April 2022 | $169M | 186 | 4 | 3 |
| April 2021 | $160M | 172 | 4 | 3 |
Besides its headquarters, Southport Station Financial Management has 2 offices (2 private residences, listed without an address), with 1 listed address in Connecticut.
Connecticut · 1 listed address
- 368 Center Street, SouthportHQ
Contact and registration details
- Legal name
- Southport Station Financial Management, LLC
- Headquarters
- 368 Center Street, Southport, CT 06890
- Website
- southportstation.com
- Phone
- 203-254-2333
- SEC file
- 801-68863
- Structure
- Connecticut LLC
- Fiscal year end
- December
Southport Station Financial Management uses Raymond James ($191M) as custodian for its separately managed accounts. Southport Station Financial Management has custody of $33.9M in client assets for 7 clients.
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $191M100%
At year end, Southport Station Financial Management’s separately managed accounts were mostly in stocks (59%) and funds (20%).
What the accounts hold
- Stocks59%
- Funds20%
- Bonds3%
- U.S. government and agency bonds2%
- Investment grade corporate bonds1%
- Cash19%
How many clients does Southport Station Financial Management have?
Southport Station Financial Management has 182 clients and manages $192 million for them, as of March 2026. They include 98 individual clients and 84 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Southport Station Financial Management offer?
Southport Station Financial Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Southport Station Financial Management charge?
Southport Station Financial Management charges 0.75%–1.25% a year for its Investment advisory services. The fee is billed in advance and is negotiable.
Source: ADV PART 2A, filed 23 March 2026
Which custodians does Southport Station Financial Management use?
Southport Station Financial Management’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $191M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Southport Station Financial Management have?
Southport Station Financial Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Southport Station Financial Management invest in?
At the end of its last fiscal year, Southport Station Financial Management’s separately managed accounts held 59% exchange-traded equities, 20% registered funds (mutual funds, ETFs, BDCs), 19% cash and equivalents, 2% U.S. government and agency bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Southport Station Financial Management?
Southport Station Financial Management is owned through a holding company by Thomas Turiano. Its direct owner is Teck Financial, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Southport Station Financial Management get paid?
Southport Station Financial Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Southport Station Financial Management registered with the SEC?
Yes, Southport Station Financial Management has been registered with the SEC as an investment adviser since 28 February 2008. Its CRD number is 146270 and its SEC file number is 801-68863.
Source: Form ADV Part 1A, Item 1, filed 24 March 2026; IAPD firm record
How do I contact Southport Station Financial Management?
Southport Station Financial Management’s main office is at 368 Center Street, Southport, CT 06890. Its phone number is 203-254-2333. Its website is southportstation.com.