Topsail Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Topsail Wealth Management reports 210 clients. They include 127 high-net-worth individuals, 79 individual clients and 2 charitable organizations. Of its assets, 100.0% ($1.31B across 729 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $1.3B.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 38% | 2% |
| High-net-worth individuals | 60% | 93% |
| Charitable organizations | <1% | 5% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 79 | $24.4M | 1.9% | $309K |
| High-net-worth individuals | 127 | $1.22B | 93.4% | $9.63M |
| Charitable organizations | Fewer than 5 | $61.5M | 4.7% | $30.8M |
| Corporations and other businesses | Fewer than 5 | $259K | 0.0% | $129K |
| Total | 210 | $1.31B | 100% | — |
- Clients
- 79
- Regulatory AUM
- $24.4M
- AUM share
- 1.9%
- Avg. per client
- $309K
- Clients
- 127
- Regulatory AUM
- $1.22B
- AUM share
- 93.4%
- Avg. per client
- $9.63M
- Clients
- Fewer than 5
- Regulatory AUM
- $61.5M
- AUM share
- 4.7%
- Avg. per client
- $30.8M
- Clients
- Fewer than 5
- Regulatory AUM
- $259K
- AUM share
- 0.0%
- Avg. per client
- $129K
Total
- Clients
- 210
- Regulatory AUM
- $1.31B
- 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
- 0
Topsail Wealth Management is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Bookkeeping and Trustee Services
- Bookkeeping services have a minimum fee of $250 per month; trustee services have a minimum fee of $10,000 per year.
- Wealth Management and Estate Planning
- Fees are set by the scope and complexity of the engagement; one-quarter is due when the agreement is signed, and the rest is billed monthly or quarterly in advance.
Matthew Snipes owns 75% or more of Topsail Wealth Management. Matthew Snipes is CEO. It has 5 employees, 4 of them in advisory roles.
Leadership
- Matthew SnipesFounder, Chief Executive Officer, Chief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Matthew Elliott Henry
- Timothy John Schwiebert
- Matthew Philip Snipes
- Sara Ruth Warntz
Staff
- 5 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Topsail Wealth Management LLC
Matthew Snipes
Control person · since April 2022
Topsail Wealth Management’s regulatory assets grew Infinity× from $0 (June 2024) to $1.31B (September 2026); employees rose from 2 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $1.31B | 210 | 5 | 3 |
| July 2025 | $1.03B | 240 | 3 | 2 |
| June 2024 | $0 | 0 | 2 | 1 |
Besides its headquarters, Topsail Wealth Management has 2 offices (2 private residences, listed without an address), with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 10800 Sikes Place, Suite 230, CharlotteHQ
Contact and registration details
- Legal name
- Topsail Wealth Management LLC
- Headquarters
- 10800 Sikes Place, Suite 230, Charlotte, NC 28277
- Website
- topsailwealthmanagement.com
- Phone
- 980-308-9901
- @topsail-wealth-management
- SEC file
- 801-130245
- Structure
- North Carolina LLC
- Fiscal year end
- December
Topsail Wealth Management uses Charles Schwab ($1.3B) as custodian for its separately managed accounts. Topsail Wealth Management has custody of $706M in client assets for 188 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.3B100%
At year end, Topsail Wealth Management’s separately managed accounts were mostly in funds (83%) and stocks (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $783M across 297 positions; the largest are Vanguard Index Fds (23.9%), Vanguard Star Fds (7.7%) and Vanguard Index Fds (7.2%).
What the accounts hold
- Stocks10%
- Funds83%
- Bonds1%
- Cash5%
Filed values cover 99%. The neutral 1% gap has no reported category.
Reported 13F holdings
- $783M
- Reported 13F value
- 297
- Positions
- 72.1%
- In the 10 largest
- +15.5%
- Value vs. prior quarter
- Vanguard Index Fds · Total Stk Mkt23.9%
- Vanguard Star Fds · VG TL Intl Stk F7.7%
- Vanguard Index Fds · S&P 500 ETF Shs7.2%
- Cincinnati Finl Corp.7.1%
- Vanguard Intl Equity Index F · Allwrld EX US6.8%
- Vanguard Mun BD Fds · Tax Exempt BD6.1%
- Vanguard Mun BD Fds · Core Tax Exempt6.0%
- Vanguard Scottsdale Fds · Int-term Corp.2.7%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt2.4%
- Vanguard Index Fds · Extend Mkt ETF2.2%
Together, the ten largest are 72.1% of reported value.
How many clients does Topsail Wealth Management have?
Topsail Wealth Management has 210 clients and manages $1.31 billion for them, as of September 2026. They include 127 high-net-worth individuals, 79 individual clients and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 September 2026
What services does Topsail Wealth Management offer?
Topsail Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Topsail Wealth Management use?
Topsail Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.3B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 September 2026
How many financial advisors does Topsail Wealth Management have?
Topsail Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Topsail Wealth Management invest in?
At the end of its last fiscal year, Topsail Wealth Management’s separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 5% cash and equivalents and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Topsail Wealth Management?
Topsail Wealth Management’s direct owner is Matthew Snipes (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 September 2026
How does Topsail Wealth Management get paid?
Topsail Wealth Management is paid through a percentage of assets under management 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 Topsail Wealth Management registered with the SEC?
Yes, Topsail Wealth Management has been registered with the SEC as an investment adviser since 9 May 2024. Its CRD number is 331098 and its SEC file number is 801-130245.
Source: Form ADV Part 1A, Item 1, filed 18 September 2026; IAPD firm record
How do I contact Topsail Wealth Management?
Topsail Wealth Management’s main office is at 10800 Sikes Place, Suite 230, Charlotte, NC 28277. Its phone number is 980-308-9901. Its website is topsailwealthmanagement.com.