Tolsma Investments, LLC is a Washington domiciled limited liability company formed in March of 2017. Our
firm is not a subsidiary of, nor does it control another financial services industry entity. In addition to our
firm’s April of 2017 registration as an investment advisor in Washington, our firm became federally
registered with the Unites States Securities and Exchange Commission (SEC) and notice filed with the state
of Washington in July 2020.
Mr. Jeffrey (Jeff) T. Tolsma is our firm’s Founder & Managing Director, and Chief Compliance Officer
(supervisor). He is also Managing Member and maintains controlling interest in the firm. Additional
information about Jeff Tolsma and his background may be found toward the end of this brochure.
Our firm provides its clients with advice on key topics such as cash flow and budgeting, investing, funding a
college education, retirement planning, and risk management, estate planning, and active discretionary
asset management, among others. We also provide educational workshops involving a broad range of
financial planning and investing topics.
An initial interview is conducted by a representative of our firm to discuss your current situation, goals and
the scope of services that may be provided to you. During or prior to this meeting you will be provided with
our Form ADV Part 2 firm brochure that includes a statement involving our privacy policy, as well as a
brochure supplement about the representative who will be assisting you. We will also ensure that any
material conflicts of interest have been disclosed to you that could be reasonably expected to impair the
rendering of unbiased and objective advice.
If you choose to engage our firm for its services, you must first execute our advisory client engagement
agreement. Thereafter discussion and analysis will be conducted to determine your financial needs, goals,
holdings, etc. Depending on the scope of the engagement, you may be asked to provide copies of the
following documents early in the process:
Wills, codicils and trusts
• Insurance policies
• Mortgage information
• Credit card statements
• Student loans
• Tax returns
• Divorce decree or separation agreement
• Current financial specifics including W‐2s or 1099s
• Information on current retirement plans and benefits provided by your employer
• Statements reflecting current investments in retirement and non‐retirement accounts
• Employment or other business agreements you may have in place
• Completed risk profile questionnaires or other forms provided by our firm
It is important that we are provided with an adequate level of information and supporting documentation
throughout the term of the engagement including but not limited to: source of funds, income levels, and an
account holder or attorney‐in‐fact’s authority to act on behalf of the account, among other information that
may be necessary for our services.
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The information and/or financial statements provided to us need to be accurate. Our firm may, but is not
obligated to, verify the information that you have provided to us which will then be used in the advisory
process.
It is essential that you inform our firm of significant issues that may call for an update to their plan. Events
such as changes in employment or marital status, an unplanned windfall, etc., can have an impact on your
circumstances and plans. Our firm needs to be aware of such events so that adjustments may be made as
necessary.
Wealth Planning
Our wealth planning engagements may be as broad‐based or narrowly focused as you desire. The
incorporation of most or all of the following wealth planning components allows not only a thorough
analysis but also a refined focus of your plans so that our firm is able to assist you in reaching your objective.
Investment Strategy
We will conduct analyses of your needs, goals and time horizon to arrive at an asset allocation suited for
your plan. The analysis includes determining where your assets are maintained, whether they are tax‐
efficient, as well as developing tactical allocation targets. The strategies and types of investments that may
be recommended are further discussed in Item 8 of this brochure, and our investment authority is noted in
Item 16.
Retirement Planning
We will address your savings
and income strategies, conduct a review of your personal and employer‐
sponsored investments, review your retirement benefits and social security options, as well determine
health care and long‐term care coverage requirements.
Income Protection
We will develop a plan to address various threats to your income, such as disability, premature death as well
as outliving an income stream. Advice may be provided on ways to minimize such risks and about weighing
the costs of purchasing insurance versus the benefits of doing so and, likewise, the potential cost of not
purchasing insurance (“self‐insuring”).
Asset Protection
Our review typically includes an analysis of your exposure to estate taxes and your current estate plan,
which may include whether you have a will, powers of attorney, trusts and other related documents. We
may assess ways to minimize or avoid future estate taxes by implementing estate planning and charitable
giving strategies. We generally recommend that you consult with a qualified attorney when you initiate,
update, or complete estate planning activities. We may provide you with contact information for attorneys
who specialize in estate planning when you wish to hire an attorney for such purposes. From time‐to‐time,
we will participate in meetings or phone calls between you and your attorney with your prior approval.
Family Events
A review of your income and expenses will be conducted to determine your current surplus or deficit. Based
upon the results, we will provide advice on prioritizing how any surplus should be used, or how to reduce
expenses if they exceed your income. In addition, advice on the prioritization of which debts to repay may
be provided, based upon such factors as the debt’s interest rate and any income tax ramifications.
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Recommendations may also be made regarding the appropriate level of cash reserves for emergencies and
other financial goals. These recommendations are based upon a review of cash accounts (such as money
market funds) for such reserves and may include strategies to save desired reserve amounts.
Advice involving college funding may include projecting the amount that will be needed to achieve post‐
secondary education funding goals, along with savings strategies and the “pros‐and‐cons” of various college
savings vehicles that are available. We are also available to review your financial picture as it relates to
eligibility for financial aid or the best way to contribute to family members, such as grandchildren, if
appropriate.
Separation or divorce can have a major impact on your goals and plans. We will work with you to help you
gain an understanding of your unique situation and provide you with a realistic financial picture so that you
are in a better situation to communicate with legal counsel, a mediator or soon to be ex‐spouse. We can
assist in the completion of cash flow and net worth projections, budget analysis, as well as help you to
understand what the financial consequences and/or benefits are involving a settlement.
Assisting other family members, such as an elderly parent, also has an effect on family savings and
investments. Our analysis will address these topics, when appropriate.
Business Consultation
We are available to assist small businesses in a variety of ways to include business strategy, practice
management, general financial advice, debt management, as well as assisting you with matters involving
coordination with your financial institution, attorney, or accounting firm.
Educational Workshops
We provide both paid and complimentary educational sessions for those desiring information on personal
finance and investing. Topics may include issues related to general financial planning, educational funding,
estate planning, retirement strategies, implications involving changes in marital status, and various other
current economic or investment topics. Our workshops are educational in nature and do not involve the sale
of insurance or investment products.
Wrap Fee Programs
Our firm does not sponsor or serve as a portfolio manager in an investment program involving wrapped
(bundled) fees.
Client Assets Under Management
We have $352,365,106 in regulatory assets under management on a non‐discretionary basis, and
$33,979,721 in regulatory assets under management on a discretionary basis as of December 31, 2023.