Towerpoint Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Towerpoint Wealth reports 570 clients. They include 400 individual clients, 161 high-net-worth individuals, and 9 corporations and other businesses. Of its assets, 99.8% ($560M across 1,474 accounts) are managed with discretion; $1.35M across 1 account is not. Of its clients, 1% are outside the U.S. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 22% |
| High-net-worth individuals | 28% | 77% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 400 | $123M | 22.0% | $308K |
| High-net-worth individuals | 161 | $434M | 77.3% | $2.7M |
| Corporations and other businesses | 9 | $3.81M | 0.7% | $424K |
| Total | 570 | $561M | 100% | $985K |
- Clients
- 400
- Regulatory AUM
- $123M
- AUM share
- 22.0%
- Avg. per client
- $308K
- Clients
- 161
- Regulatory AUM
- $434M
- AUM share
- 77.3%
- Avg. per client
- $2.7M
- Clients
- 9
- Regulatory AUM
- $3.81M
- AUM share
- 0.7%
- Avg. per client
- $424K
Total
- Clients
- 570
- Regulatory AUM
- $561M
- AUM share
- 100%
- Avg. per client
- $985K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Towerpoint Wealth charges 0.60%–1.30% a year for its Wealth Management. The fee is billed in advance and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Billed hourly at up to $350 an hour, or as a flat fee not exceeding $10,000, based on the engagement.
- Portfolio Monitoring
- Annual fee negotiable, not to exceed 1.00% of assets, billed quarterly in advance.
- Retirement Plan Consulting
- Fees based on managed plan assets will not exceed 1.00%, billed quarterly in advance.
The Eschleman Family Trust U/A DTD 4/30/2007 owns 50% to 75% of Towerpoint Wealth and is in turn owned by Joseph Eschleman (75% or more). The leadership team of Towerpoint Wealth includes Chief Compliance Officer Joseph Eschleman. It has 9 employees, 5 of them in advisory roles.
Leadership
- Joseph EschlemanChief Compliance Officer
- Steven PitchfordMember
- Nathan BilligmeierMember
- Lori McKinneyMember
- Jonathan LaturnerMember
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Nathan Paul Billigmeier
- Joseph Frederick Eschleman
- Jonathan William Laturner
- Megan Miller
- Steven Michael Pitchford
Staff
- 9 employees
- 5 in advisory functions
- 5 state-registered reps
- 2 broker-dealer reps
- 2 insurance agents
- Owns 50% to 75% of Towerpoint Wealth, LLC
The Eschleman Family Trust U/A DTD 4/30/2007
Control person · since May 2017
- Owns 75% or more of The Eschleman Family Trust U/A DTD 4/30/2007
Joseph Eschleman
Control person · since April 2007
- Owns 50% to 75% of Towerpoint Wealth, LLC
The Eschleman Family Trust U/A DTD
Control person · since May 2017
- Owns 10% to 25% of Towerpoint Wealth, LLC
Jonathan Laturner
since January 2021
- Owns 5% to 10% of Towerpoint Wealth, LLC
Nathan Billigmeier
Control person · since January 2020
- Owns 5% to 10% of Towerpoint Wealth, LLC
Lori McKinney
Control person · since January 2020
Towerpoint Wealth’s regulatory assets grew 1.7× from $328M (July 2021) to $561M (June 2026); clients rose from 334 to 570 and employees from 7 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $561M | 570 | 9 | 1 |
| March 2025 | $470M | 535 | 9 | 1 |
| March 2024 | $419M | 505 | 8 | 1 |
| April 2023 | $357M | 445 | 8 | 1 |
| March 2022 | $364M | 366 | 6 | 1 |
| July 2021 | $328M | 334 | 7 | 1 |
Besides its headquarters, Towerpoint Wealth has 0 offices, with 1 listed address in California.
California · 1 listed address
- 500 Capitol Mall, Suite 2060, SacramentoHQ
Contact and registration details
- Legal name
- Towerpoint Wealth, LLC
- Headquarters
- 500 Capitol Mall, Suite 2060, Sacramento, CA 95814
- Website
- towerpointwealth.com
- Phone
- 916-405-9140
- @towerpointwealth
- SEC file
- 801-110596
- Founded
- 2017
- Structure
- Delaware LLC
- Fiscal year end
- December
Towerpoint Wealth uses Charles Schwab ($561M) as custodian for its separately managed accounts. Towerpoint Wealth has custody of $185M in client assets for 383 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $561M100%
At year end, Towerpoint Wealth’s separately managed accounts were mostly in funds (77%) and stocks (17%). Its reported 13F holdings for the quarter ended 30 June 2026 total $289M across 115 positions; the largest are Vanguard Index Fds (10.9%), Vanguard Index Fds (10.7%) and Vanguard Tax-managed Fds (6.5%).
What the accounts hold
- Stocks17%
- Exchange-traded equities15%
- Non-exchange-traded equities2%
- Funds77%
- Cash5%
- Other1%
- Structured notes.1%
Reported 13F holdings
- $289M
- Reported 13F value
- 115
- Positions
- 56.1%
- In the 10 largest
- +16.7%
- Value vs. prior quarter
- Vanguard Index Fds · Value ETF10.9%
- Vanguard Index Fds · Growth ETF10.7%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt6.5%
- Vanguard Index Fds · Mid Cap ETF6.3%
- Vanguard Scottsdale Fds · Int-term Corp.5.4%
- T Rowe Price Exchange-traded · QM US Bond ETF4.8%
- Vanguard Index Fds · Sml CP Grw ETF3.6%
- Vanguard Index Fds · SM CP Val ETF3.1%
- First TR Exchange-traded FD2.5%
- iShares TR · Rus 1000 Val ETF2.3%
Together, the ten largest are 56.1% of reported value.
How many clients does Towerpoint Wealth have?
Towerpoint Wealth has 570 clients and manages $561 million for them, as of June 2026. They include 400 individual clients, 161 high-net-worth individuals, and 9 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 June 2026
What services does Towerpoint Wealth offer?
Towerpoint Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Towerpoint Wealth charge?
Towerpoint Wealth charges 0.60%–1.30% a year for its Wealth Management. The fee is billed in advance and is negotiable.
Source: DISCLOSURE BROCHURE FOR TOWERPOINT WEALTH, LLC, filed 5 June 2026
Which custodians does Towerpoint Wealth use?
Towerpoint Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $561M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 June 2026
How many financial advisors does Towerpoint Wealth have?
Towerpoint Wealth has 5 investment adviser representatives registered with state securities authorities, out of 9 employees, and 5 perform investment advisory functions. 2 employees are registered representatives 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 Towerpoint Wealth invest in?
At the end of its last fiscal year, Towerpoint Wealth’s separately managed accounts held 77% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities, 5% cash and equivalents, 2% non-exchange-traded equities and 1% other. The 1% other category is described as: Structured Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Towerpoint Wealth?
Towerpoint Wealth is owned through a trust by Joseph Eschleman. Its direct owners are Nathan Billigmeier (5% to 10%), Lori McKinney (5% to 10%), the Eschleman Family Trust U/A DTD 4/30/2007 (50% to 75%), the Eschleman Family Trust U/A DTD (50% to 75%) and Jonathan Laturner (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 5 June 2026
How does Towerpoint Wealth get paid?
Towerpoint Wealth 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
How do I contact Towerpoint Wealth?
Towerpoint Wealth’s main office is at 500 Capitol Mall, Suite 2060, Sacramento, CA 95814. Its phone number is 916-405-9140. Its website is towerpointwealth.com.