Torrey Pines Investment Management

Torrey Pines Investment Management offers investment advisory services, including active portfolio management and financial planning, intended for high-net-worth individuals and charitable organizations; at the time of its Form ADV filing the firm reported no advisory clients or assets under management. The brochure states the firm does not participate in wrap fee programs and allows clients to impose written investment restrictions.

The firm follows a fundamental, long-term investment approach built on proprietary research, emphasizing publicly traded equities, exchange-traded funds, and municipal bonds with a focus on tax-efficient, low-turnover portfolios and typical holding periods of three to five years. TPIM applies company-level cash-flow analysis and municipal credit assessments to position portfolios according to client risk tolerances and investment objectives.

Distinctive aspects disclosed in the brochure include a single-employee ownership structure and the owner’s concurrent employment at a private family office, an affiliation the firm says does not involve discretionary authority for that family office; the firm is also deemed to have custody solely because it directly debits advisory fees. Like many peers it charges percentage-of-assets-under-management fees and favors full-service broker-dealers for execution, while leaving proxy-voting responsibility with clients.