Dear Towerpoint,

At 6:54AM on May 26, 2017, Towerpoint Wealth received an email from the SEC with a conditional 120 day approval, allowing us to officially open our doors and begin operations as a fully independent wealth management advisory firm:

We are proud of how far we have come in a little more than 12 months, and are sincerely humbled at the loyalty and confidence you continue to demonstrate in us, not only in making this transition with us to this new and greatly improved fully-independent environment, but also as we continue to grow, evolve, and build out our service offering to you. The number of referrals and "I have this friend who would benefit from connecting with you at Towerpoint" moments has been staggering, and while we had a sense of your demand for an upgrade when we decided to make the move and launch Towerpoint Wealth, we were unaware of just how strong your appetite for change truly was.

We fully recognize we would not exist if it were not for YOU - our clients, colleagues, and friends. You are our lifeblood at Towerpoint Wealth, and the sole reason we exist. We remain steadfast in our focus on being there for and helping you. Helping you to have peace of mind. Helping you to not worry about money. Helping you to properly coordinate all of your financial affairs, not just your investment portfolio, with the goal of either achieving, or maintaining, your complete financial independence.

The wealth management industry is in a very interesting and transitional place. The business has evolved from a sales and transaction-driven environment 45 years ago, to one of investment consulting 20 years ago. Today, the industry has further broadened, and the scope of services, counsel, and planning that clients like you are expecting to receive is much more robust. Concurrently, it is no mistake that the trend of the movement of financial and wealth advisors towards the fully-independent space is directly correlated to your demand:

In other words, we are not the only ones who have "graduated," as this movement is the future of wealth management.

Things have been busy as we head into the Summer of 2018, and the last two weeks have been very eventful:

We encourage you to take three or four minutes to review the curated content found below, highlighted by:

  • Photos of our one-year anniversary party at Wise Villa Winery
  • Our just-released May, 2018 Market Commentary, Et Tu, Italy?
  • Our newest white paper, entitled The 411 on Restricted Stock Units

The world remains a complicated place, and we encourage you to call (916-405-9140), email (, or Tweet (@twrpointwealth) with any concerns, questions, or needs you have. We continue to be here for you, and look forward to connecting with, helping, and being a direct, fully independent, and no-strings-attached expert financial resource for each of you.

- Joseph and the Towerpoint Wealth team

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