Key Group Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, retirement plan services, tax planning, and tax preparation.
Key Group Management reports 337 clients. They include 250 individual clients, 85 high-net-worth individuals and 1 pension or profit-sharing plan. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $304M across 337 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 17% |
| High-net-worth individuals | 25% | 82% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 250 | $50.8M | 16.7% | $203K |
| High-net-worth individuals | 85 | $249M | 82.0% | $2.93M |
| Pension and profit-sharing plans | Fewer than 5 | $1M | 0.3% | $1M |
| Charitable organizations | Fewer than 5 | $3M | 1.0% | $3M |
| Total | 337 | $304M | 100% | — |
- Clients
- 250
- Regulatory AUM
- $50.8M
- AUM share
- 16.7%
- Avg. per client
- $203K
- Clients
- 85
- Regulatory AUM
- $249M
- AUM share
- 82.0%
- Avg. per client
- $2.93M
- Clients
- Fewer than 5
- Regulatory AUM
- $1M
- AUM share
- 0.3%
- Avg. per client
- $1M
- Clients
- Fewer than 5
- Regulatory AUM
- $3M
- AUM share
- 1.0%
- Avg. per client
- $3M
Total
- Clients
- 337
- Regulatory AUM
- $304M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Key Group Management charges 0.50%–1.25% a year for its Comprehensive portfolio management. The fee is billed in advance, is negotiable and requires an account of at least $250,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Financial planning and consulting is billed hourly at no more than $300 an hour, or as a flat fee of $1,500 to $10,000, with a 50% retainer.
Patrick Murray owns 50% to 75% of Key Group Management. The leadership team of Key Group Management includes President Colin Heafy and Chief Compliance Officer Patrick Murray. It has 5 employees.
Leadership
- Colin HeafyVice President
- Patrick MurrayPresident and Chief Compliance Officer
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
- R Anthony Cioffari
- Timothy Mark Conboy
- Brendan H Heafy
- Colin Heafy
- Kyle M Heafy
- Michael Scott McMane
- Patrick Brian Murray
- Stephen Scialo
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 broker-dealer reps
- 4 insurance agents
- Owns 50% to 75% of Key Group Management, Inc.
Patrick Murray
Control person · since December 2007
- Owns 50% to 75% of Key Group Management, Inc.
Colin Heafy
Control person · since December 2007
Key Group Management’s regulatory assets grew 1.8× from $170M (March 2021) to $304M (May 2026); clients rose from 260 to 337 and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $304M | 337 | 5 | 3 |
| January 2025 | $235M | 360 | 5 | 3 |
| March 2024 | $210M | 350 | 5 | 3 |
| February 2023 | $195M | 200 | 5 | 3 |
| March 2022 | $183M | 165 | 5 | 2 |
| March 2021 | $170M | 260 | 5 | 2 |
Besides its headquarters, Key Group Management has 2 offices, with 3 listed addresses in Arizona and New Jersey.
Arizona · 2 listed addresses
- 17100 E Shea BLVD, Suite 400a, Fountain HillsHQ
- 15333 N. Pima Road, Scottsdale
New Jersey · 1 listed address
- 70 Hilltop Road, Ramsay
Contact and registration details
- Legal name
- Key Group Management, Inc.
- Headquarters
- 17100 E Shea BLVD, Suite 400a, Fountain Hills, AZ 85268
- Website
- keygroupwealth.com
- Phone
- 480-477-5252
- SEC file
- 801-114845
- Founded
- 2008
- Structure
- New Jersey corporation
- Fiscal year end
- December
Key Group Management uses Charles Schwab ($303M) as custodian for its separately managed accounts. Key Group Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $303M100%
At year end, Key Group Management’s separately managed accounts were mostly in stocks (60%) and bonds (40%).
What the accounts hold
- Stocks60%
- Bonds40%
- U.S. government and agency bonds20%
- State and local bonds10%
- Investment grade corporate bonds10%
How many clients does Key Group Management have?
Key Group Management has 337 clients and manages $304 million for them, as of May 2026. They include 250 individual clients, 85 high-net-worth individuals and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 May 2026
What services does Key Group Management offer?
Key Group Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, retirement plan services, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Key Group Management charge?
Key Group Management charges 0.50%–1.25% a year for its Comprehensive portfolio management. The fee is billed in advance, is negotiable and requires an account of at least $250,000.
Which custodians does Key Group Management use?
Key Group Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $303M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 May 2026
How many financial advisors does Key Group Management have?
Key Group Management has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 4 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Key Group Management invest in?
At the end of its last fiscal year, Key Group Management’s separately managed accounts held 60% exchange-traded equities, 20% U.S. government and agency bonds, 10% state and local bonds and 10% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Key Group Management have a minimum investment?
Yes, Key Group Management’s minimum account size for its Comprehensive portfolio management is $250K.
Who owns Key Group Management?
Key Group Management’s direct owners are Patrick Murray (50% to 75%) and Colin Heafy (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 18 May 2026
How does Key Group Management get paid?
Key Group Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Key Group Management registered with the SEC?
Yes, Key Group Management has been registered with the SEC as an investment adviser since 1 April 2019. Its CRD number is 146054 and its SEC file number is 801-114845.
Source: Form ADV Part 1A, Item 1, filed 18 May 2026; IAPD firm record
How do I contact Key Group Management?
Key Group Management’s main office is at 17100 E Shea BLVD, Suite 400a, Fountain Hills, AZ 85268. Its phone number is 480-477-5252. Its website is keygroupwealth.com.