DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Towerpoint Wealth, LLC

Independent wealth managerSacramento, CaliforniaCRD 288593SEC 801-110596websiteIAPD
Latest filing Jun 5, 2026
First filing on the tape May 10, 2017 · 34 filings
SEC status approved since May 26, 2017
RAUM
$561M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$557M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$112M
derived; firm RAUM over IAPD count
Employees
9
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$561M as of Jun 5, 2026
Mar 26, 2018$166M then
HNW client RAUM$434M as of Jun 5, 2026
Mar 26, 2018$125M then
State-registered IARs (5.B.3)5 as of Jun 5, 2026
Mar 26, 20181 then
Employees (5.A)9 as of Jun 5, 2026
Mar 26, 20183 then
Private funds: no history
RAUM +19% over the last fiscal year+16% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Jun 5, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$112MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
112derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$380,533derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$185M, 383 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$434M77%
  • Individuals$123M22%
  • Corporations and businesses$3.8M0.7%
Individual clients
400reported
HNW clients
161reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,475reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$185M for 383 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Joseph Frederick EschlemanSacramento, CaMay 30, 201727 y2
Steven Michael PitchfordCertified Financial PlannerSacramento, CaJan 10, 201812 y2
Jonathan William LaturnerSacramento, CaAug 31, 201813 y1
Nathan Paul BilligmeierSacramento, CaOct 9, 201816 y1
Megan MillerSacramento, CaJan 3, 202310 y0
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 20% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Paul Nathan Billigmeier · Membercontrol
    since 01/2020 · owns 5% to 10%
  • Frederick Joseph Eschleman · Chief Compliance Officercontrol
    since 05/2017 · owns less than 5%
  • Anne Lori Mckinney · Membercontrol
    since 01/2020 · owns 5% to 10%
  • Michael Steven Pitchford · Membercontrol
    since 01/2020 · owns less than 5%
  • Frederick Joseph Eschleman · Trusteecontrol
    since 04/2007 · owns 75% or more of The Eschleman Family Trust U/A Dtd 4/30/2007
  • William Jonathan Laturner · Member
    since 01/2021 · owns 10% to 25%
Entity owners
  • The Eschleman Family Trust U/A Dtd 4/30/2007 · Member
    direct · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Sacramento, Ca · principal501
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,390 to 1,475
    Dec 19, 2025 to Mar 9, 2026
  • BD registered reps · 3 to 2
    Dec 19, 2025 to Mar 9, 2026
  • Corporate clients · 10 to 9
    Dec 19, 2025 to Mar 9, 2026
  • HNW clients · 148 to 161
    Dec 19, 2025 to Mar 9, 2026
  • Individual clients · 377 to 400
    Dec 19, 2025 to Mar 9, 2026
  • Assets in custody · $154M to $185M
    Dec 19, 2025 to Mar 9, 2026
  • Discretionary RAUM · $469M to $560M
    Dec 19, 2025 to Mar 9, 2026
  • HNW RAUM · $357M to $434M
    Dec 19, 2025 to Mar 9, 2026
  • Individual RAUM · $107M to $123M
    Dec 19, 2025 to Mar 9, 2026
  • Non-discretionary RAUM · $1.3M to $1.3M
    Dec 19, 2025 to Mar 9, 2026
  • Pension RAUM · 2778265.0 to unset
    Dec 19, 2025 to Mar 9, 2026
  • RAUM · $470M to $561M
    Dec 19, 2025 to Mar 9, 2026
  • Accounts · 1,320 to 1,390
    Oct 4, 2024 to Mar 12, 2025
  • Corporate clients · 8 to 10
    Oct 4, 2024 to Mar 12, 2025
  • HNW clients · 185 to 148
    Oct 4, 2024 to Mar 12, 2025
  • Individual clients · 312 to 377
    Oct 4, 2024 to Mar 12, 2025
  • Assets in custody · $125M to $154M
    Oct 4, 2024 to Mar 12, 2025
  • Employees · 8 to 9
    Oct 4, 2024 to Mar 12, 2025
  • Financial planning clients · 1-10 to 1-10
    Oct 4, 2024 to Mar 12, 2025
  • Discretionary RAUM · $418M to $469M
    Oct 4, 2024 to Mar 12, 2025
  • HNW RAUM · $346M to $357M
    Oct 4, 2024 to Mar 12, 2025
  • Individual RAUM · $68.9M to $107M
    Oct 4, 2024 to Mar 12, 2025
  • Non-discretionary RAUM · $1.2M to $1.3M
    Oct 4, 2024 to Mar 12, 2025
  • Pension RAUM · $2.4M to $2.8M
    Oct 4, 2024 to Mar 12, 2025
  • RAUM · $419M to $470M
    Oct 4, 2024 to Mar 12, 2025
  • Accounts · 1,253 to 1,320
    Apr 25, 2023 to Mar 29, 2024
  • BD registered reps · 2 to 3
    Apr 25, 2023 to Mar 29, 2024
  • Corporate clients · unset to 8.0
    Apr 25, 2023 to Mar 29, 2024
  • HNW clients · 152 to 185
    Apr 25, 2023 to Mar 29, 2024
  • Individual clients · 284 to 312
    Apr 25, 2023 to Mar 29, 2024
  • Pension plan clients · 9.0 to unset
    Apr 25, 2023 to Mar 29, 2024
  • Assets in custody · $93.9M to $125M
    Apr 25, 2023 to Mar 29, 2024
  • Financial planning clients · 0 to 1-10
    Apr 25, 2023 to Mar 29, 2024
  • Discretionary RAUM · $349M to $418M
    Apr 25, 2023 to Mar 29, 2024
  • HNW RAUM · $292M to $346M
    Apr 25, 2023 to Mar 29, 2024
  • Individual RAUM · $56.7M to $68.9M
    Apr 25, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $7.9M to $1.2M
    Apr 25, 2023 to Mar 29, 2024
  • Pension RAUM · $6.7M to $2.4M
    Apr 25, 2023 to Mar 29, 2024
  • RAUM · $357M to $419M
    Apr 25, 2023 to Mar 29, 2024
  • Accounts · 959 to 1,253
    Sep 28, 2022 to Feb 3, 2023
Signals
5 dated events
  • Sean Patrick Kelleher left Towerpoint Wealth, Llc for Empower Advisory Group, Llc (registered 2026-03-06)
    Jan 20, 2026 · Advisor changed firm · fact
  • Paul Nathan Billigmeier (Member) appeared on Schedule A of Towerpoint Wealth, Llc
    Mar 2, 2020 · Control person joined · fact
  • Michael Steven Pitchford (Member) appeared on Schedule A of Towerpoint Wealth, Llc
    Mar 2, 2020 · Control person joined · fact
  • Anne Lori Mckinney (Member) appeared on Schedule A of Towerpoint Wealth, Llc
    Mar 2, 2020 · Control person joined · fact
  • Caspian Advisors, Llc filed its initial SEC registration (Form ADV)
    May 10, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business email
info@towerpointwealth.comreportedpublished by the firm, firm site, Sep 16, 2026
Business email
lbarrera@towerpointwealth.comreportedpublished by the firm, firm site, Sep 16, 2026
Business email
lheppner@towerpointwealth.comreportedpublished by the firm, firm site, Sep 16, 2026
Business email
mvenezia@towerpointwealth.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
916-405-8168reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
916-405-9140reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
916-405-9160reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
LINKEDIN.COM/COMPANY/TOWERPOINTWEALTHreportedpublic record, Form ADV, Sep 18, 2026
Website
TOWERPOINTWEALTH.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(916) 405-9140reportedpublic record, Form ADV, Jun 5, 2026
Contact form
towerpointwealth.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
Team page
towerpointwealth.com/our-teamreportedpublished by the firm, firm site, Sep 16, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$112Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026