TQM Wealth Partners provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
TQM Wealth Partners reports 65 clients. They include 38 individual clients and 27 high-net-worth individuals. Of its assets, 100.0% ($124M across 220 accounts) are managed with discretion. Of its clients, 6% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 58% | 9% |
| High-net-worth individuals | 42% | 91% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 38 | $11.6M | 9.4% | $305K |
| High-net-worth individuals | 27 | $112M | 90.6% | $4.15M |
| Total | 65 | $124M | 100% | $1.9M |
- Clients
- 38
- Regulatory AUM
- $11.6M
- AUM share
- 9.4%
- Avg. per client
- $305K
- Clients
- 27
- Regulatory AUM
- $112M
- AUM share
- 90.6%
- Avg. per client
- $4.15M
Total
- Clients
- 65
- Regulatory AUM
- $124M
- AUM share
- 100%
- Avg. per client
- $1.9M
- Clients outside the U.S.
- 6%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
TQM Wealth Partners charges 0.70%–1.30% a year for its Internal Portfolio Management. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.30% |
| $1M–$2M | 0.90% |
| $2M–$3M | 0.80% |
| $3M and above | 0.70% |
Fee details and sources
Other fees
- Limited Planning Component
- Hourly fee of $250, billed in 15-minute increments.
- Project-Based Financial Planning
- Fixed fees from $5,000 to $50,000 depending on complexity, with half due on signing the engagement.
Marcel Quiroga owns 75% or more of TQM Wealth Partners. Marcel Quiroga is CEO. It has 4 employees, 3 of them in advisory roles.
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- 1 insurance agent
- Owns 75% or more of TQM Wealth Partners, LLC
Marcel Quiroga
Control person · since February 2016
Besides its headquarters, TQM Wealth Partners has 2 offices (2 private residences, listed without an address), with 1 listed address in 1 state.
Massachusetts · 1 listed address
- 122 R Washington St, MarbleheadHQ
Contact and registration details
- Legal name
- TQM Wealth Partners, LLC
- Headquarters
- 122 R Washington St, Marblehead, MA 01945
- Website
- tqmwealthpartners.com
- Phone
- 781-990-3599
- @tqm-wealth-partners
- SEC file
- 801-136473
- Structure
- Massachusetts LLC
- Fiscal year end
- December
TQM Wealth Partners’ named custodian for separately managed accounts is Charles Schwab ($110M). TQM Wealth Partners has custody of $57.6M for 47 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $110M100%
At year end, TQM Wealth Partners’ separately managed accounts were mostly in bonds (55%) and stocks (23%).
What the accounts hold
- Stocks23%
- Funds21%
- Bonds55%
- State and local bonds34%
- U.S. government and agency bonds21%
- Cash1%
How many clients does TQM Wealth Partners have?
TQM Wealth Partners has 65 clients and manages $124 million for them, as of May 2026. They include 38 individual clients and 27 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 May 2026
What services does TQM Wealth Partners offer?
TQM Wealth Partners 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
How much does TQM Wealth Partners charge?
TQM Wealth Partners charges 0.70%–1.30% a year for its Internal Portfolio Management. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable.
Source: TQM ADV PART 2A SEC REGISTRATION V.05.12.26, filed 12 May 2026
Which custodians does TQM Wealth Partners use?
TQM Wealth Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $110M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 May 2026
How many financial advisors does TQM Wealth Partners have?
TQM Wealth Partners has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does TQM Wealth Partners invest in?
At the end of its last fiscal year, TQM Wealth Partners’ separately managed accounts held 34% state and local bonds, 23% exchange-traded equities, 21% U.S. government and agency bonds, 21% registered funds (mutual funds, ETFs, BDCs) and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns TQM Wealth Partners?
TQM Wealth Partners’ direct owner is Marcel Quiroga (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 May 2026
How does TQM Wealth Partners get paid?
TQM Wealth Partners 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 TQM Wealth Partners?
TQM Wealth Partners’ main office is at 122 R Washington St, Marblehead, MA 01945. Its phone number is 781-990-3599. Its website is tqmwealthpartners.com.