Turning Point Benefit Group provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
Turning Point Benefit Group reports 794 clients. They include 683 individual clients, 101 high-net-worth individuals and 5 charitable organizations. Of its assets, 100.0% ($339M across 1,804 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 45% |
| High-net-worth individuals | 13% | 55% |
| Charitable organizations | <1% | <1% |
| 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) | 683 | $152M | 44.7% | $222K |
| High-net-worth individuals | 101 | $187M | 55.1% | $1.85M |
| Charitable organizations | 5 | $655K | 0.2% | $131K |
| Corporations and other businesses | 5 | $294K | 0.1% | $58.8K |
| Total | 794 | $339M | 100% | $427K |
- Clients
- 683
- Regulatory AUM
- $152M
- AUM share
- 44.7%
- Avg. per client
- $222K
- Clients
- 101
- Regulatory AUM
- $187M
- AUM share
- 55.1%
- Avg. per client
- $1.85M
- Clients
- 5
- Regulatory AUM
- $655K
- AUM share
- 0.2%
- Avg. per client
- $131K
- Clients
- 5
- Regulatory AUM
- $294K
- AUM share
- 0.1%
- Avg. per client
- $58.8K
Total
- Clients
- 794
- Regulatory AUM
- $339M
- AUM share
- 100%
- Avg. per client
- $427K
- 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
- 101–250
Turning Point Benefit Group is paid through a percentage of assets under management, hourly charges 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
- Financial Planning
- Financial planning is a fixed fee of $500 to $10,000 (about $3,000 for a standard plan), or an hourly charge of $99 to $500.
- Individual Tax Preparation and Consulting
- Individual tax preparation starts at $450 a return and tax consulting at $250 an hour; fees are negotiable.
Mary Troxell owns 75% or more of Turning Point Benefit Group. Mary Troxell is CEO; the leadership team includes President Craig Marcello and Chief Compliance Officer Dane Grouell. It has 23 employees, 15 of them in advisory roles.
Leadership
- Mary TroxellChief Executive Officer
- Craig MarcelloPresident
- Dane GrouellChief Compliance Officer
Investment adviser representatives
15 representatives listed in the SEC register as of 9 October 2026.
- Brennan Ambrose Gmeiner
- James Daniel Good
- Jonathan Paul Good
- Michael James Good
- Corey A Grimes
- Dane Leigh Grouell
- William John Heil
- Kurt August Lalomia
- Craig S Marcello
- Craig Saleem Marcello II
- Ryan Morisey
- Thomas Joseph Pignone
- David D Strausser
- Eric Dennis Tereo
- Mary Kathleen Troxell
Staff
- 23 employees
- 15 in advisory functions
- 14 state-registered reps
- 12 insurance agents
- Owns 75% or more of Turning Point Benefit Group, Inc.
Mary Troxell
Control person · since January 1994
Turning Point Benefit Group’s regulatory assets grew 1.8× from $186M (March 2021) to $339M (July 2026); clients rose from 718 to 794 and employees from 14 to 23.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $339M | 794 | 23 | 3 |
| March 2025 | $383M | 1,501 | 25 | 3 |
| May 2024 | $310M | 1,085 | 18 | 2 |
| August 2023 | $238M | 972 | 18 | 2 |
| July 2022 | $234M | 820 | 16 | 1 |
| March 2021 | $186M | 718 | 14 | 1 |
Besides its headquarters, Turning Point Benefit Group has 2 offices (1 private residence, listed without an address), with 2 listed addresses in Maryland and Pennsylvania.
Maryland · 1 listed address
- 153 W Patrick Street, FrederickHQ
Pennsylvania · 1 listed address
- 704 Lisburn Road, Camp Hill
Contact and registration details
- Legal name
- Turning Point Benefit Group, Inc.
- Headquarters
- 153 W Patrick Street, Frederick, MD 21701
- Website
- tpfinancial.com
- Phone
- 301-846-9336
- SEC file
- 801-116895
- Structure
- Maryland corporation
- Fiscal year end
- December
Turning Point Benefit Group uses SEI Private Trust / SEI Investments Distribution ($347M, 77%) and Charles Schwab ($105M, 23%) as custodians for its separately managed accounts. Turning Point Benefit Group does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- SEI Private Trust / SEI Investments DistributionSEI Private Trust / SEI Investments Distribution Co. · Oaks, PA · $347M77%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $105M23%
At year end, Turning Point Benefit Group’s separately managed accounts were mostly in funds (57%) and stocks (35%). Its reported 13F holdings for the quarter ended 30 June 2026 total $232M across 109 positions; the largest are SPDR Series Trust (10.4%), iShares TR (7.7%) and Capital Grp Fixed Incm ETF T (4.6%).
What the accounts hold
- Stocks35%
- Funds57%
- Bonds5%
- Investment grade corporate bonds4%
- U.S. government and agency bonds1%
- Cash2%
- Other1%
- Reits1%
Reported 13F holdings
- $232M
- Reported 13F value
- 109
- Positions
- 44.0%
- In the 10 largest
- +48.1%
- Value vs. prior quarter
- SPDR Series Trust · ST Str Blo 1 ETF10.4%
- iShares TR · Fltg Rate NT ETF7.7%
- Capital Grp Fixed Incm ETF T · US Multi-sector4.6%
- Northern Lts FD TR IV · Inspire Intl ETF3.8%
- Dimensional ETF Trust · Internatnal Val3.8%
- SPDR Series Trust · ST Str P500etf3.7%
- Vanguard Whitehall Fds · Intl High ETF3.4%
- Invesco Exch Traded FD TR II · Nasdaq 100 ETF2.2%
- Capital Group Dividend Value · Shs Creat Unit2.2%
- First TR Exchange-traded FD2.1%
Together, the ten largest are 44.0% of reported value.
How many clients does Turning Point Benefit Group have?
Turning Point Benefit Group has 794 clients and manages $339 million for them, as of July 2026. They include 683 individual clients, 101 high-net-worth individuals and 5 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026
What services does Turning Point Benefit Group offer?
Turning Point Benefit Group 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 Turning Point Benefit Group use?
Turning Point Benefit Group’s separately managed account assets are held at SEI Private Trust / SEI Investments Distribution Co. (Oaks, PA), with $347M and Charles Schwab & Co., Inc. (Westlake, TX), with $105M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 July 2026
How many financial advisors does Turning Point Benefit Group have?
Turning Point Benefit Group has 14 investment adviser representatives registered with state securities authorities, out of 23 employees, and 15 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 12 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 Turning Point Benefit Group invest in?
At the end of its last fiscal year, Turning Point Benefit Group’s separately managed accounts held 57% registered funds (mutual funds, ETFs, BDCs), 35% exchange-traded equities, 4% investment grade corporate bonds, 2% cash and equivalents, 1% U.S. government and agency bonds and 1% other. The 1% other category is described as: Reits.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Turning Point Benefit Group?
Turning Point Benefit Group’s direct owner is Mary Troxell (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 July 2026
How does Turning Point Benefit Group get paid?
Turning Point Benefit Group 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 Turning Point Benefit Group?
Turning Point Benefit Group’s main office is at 153 W Patrick Street, Frederick, MD 21701. Its phone number is 301-846-9336. Its website is tpfinancial.com.