Toro Financial Advisors

Toro Financial Advisors provides discretionary asset management and retirement plan advisory services, including acting as a 3(21) or 3(38) fiduciary for qualified retirement plans, and also offers financial planning and consultation. The firm may manage client portfolios using model portfolios from a model marketplace and engages third‑party sub‑advisors to implement investment strategies.

The firm’s approach is discretionary and blends fundamental and technical analysis with flexibility in trading tactics; stated strategies include long- and short-term positions, option writing, and the use of margin and derivatives in separately managed accounts. Toro Financial Advisors retains responsibility for suitability and portfolio oversight while subscribing to third‑party models and appointing sub‑advisors who execute trades and may further delegate authority.

Noteworthy for a manager in this category, the firm explicitly provides pension consulting and ERISA plan 3(21)/3(38) services, selects and oversees other advisers, and discloses the use of borrowing and derivatives in managed accounts—features that are relatively uncommon among its peers. The firm also charges hourly fees for planning work, maintains an affiliated insurance practice with disclosed commissions, and—having begun advisory services in 2024—reports no assets under management at this time.