Total Clarity Wealth Management provides financial planning, portfolio management for individuals and small businesses, educational seminars, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Total Clarity Wealth Management reports 1,038 clients. They include 778 individual clients, 254 high-net-worth individuals, and 5 corporations and other businesses. Of its assets, 99.7% ($753M across 2,554 accounts) are managed with discretion; $2.5M across 15 accounts are not. A wrap fee program the firm both sponsors and manages holds $388M. It advised 7 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 31% |
| High-net-worth individuals | 24% | 69% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 778 | $232M | 30.7% | $298K |
| High-net-worth individuals | 254 | $523M | 69.2% | $2.06M |
| Charitable organizations | Fewer than 5 | $116K | 0.0% | $116K |
| Corporations and other businesses | 5 | $712K | 0.1% | $142K |
| Total | 1,038 | $755M | 100% | — |
- Clients
- 778
- Regulatory AUM
- $232M
- AUM share
- 30.7%
- Avg. per client
- $298K
- Clients
- 254
- Regulatory AUM
- $523M
- AUM share
- 69.2%
- Avg. per client
- $2.06M
- Clients
- Fewer than 5
- Regulatory AUM
- $116K
- AUM share
- 0.0%
- Avg. per client
- $116K
- Clients
- 5
- Regulatory AUM
- $712K
- AUM share
- 0.1%
- Avg. per client
- $142K
Total
- Clients
- 1,038
- Regulatory AUM
- $755M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 7
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Total Clarity Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning is billed hourly at up to $500 an hour or as a fixed fee of $250 to $5,000, negotiated with the adviser.
- Retainer Program
- Ongoing retainer services are billed hourly at up to $500 an hour or as a fixed annual fee of $250 to $50,000.
David Hubbard owns 75% or more of Total Clarity Wealth Management. The leadership team of Total Clarity Wealth Management includes President Terrance Murphy and Chief Compliance Officer Jeanne Tackett. It has 26 employees, 20 of them in advisory roles.
Leadership
- Terrance MurphyPresident
- Jeanne TackettChief Compliance Officer/Vice President of Operations
- David HubbardDirector of the Board
Investment adviser representatives
22 representatives listed in the SEC register as of 9 October 2026.
- Thomas Castronovo
- David William Chadwick
- Vanessa Croessmann
- Brent Daniel Fields
- Martin John Fogarty
- Matthew John Fountain
- Douglas Edward Glick
- David Scott Hogaboom
- Brendan Richard Kaar
- Brendan Michael Krahl
- John J Long
- Casey W Moss
- Terrance Patrick Murphy
- Kathleen Panek-Rickerson
- Nicole A. Piton
- Robert C Piton
- Jeanne Marie Tackett
- Kristina Lee Tenney-Gatto
- Christopher Ryan Vivian
- Michael Loren Walschot
- Maria Rutt Wilson
- Anne Marie Woodrich
Staff
- 26 employees
- 20 in advisory functions
- 20 state-registered reps
- 14 broker-dealer reps
- 17 insurance agents
- 2 soliciting firms
- Owns 75% or more of Total Clarity Wealth Management, Inc
David Hubbard
Control person · since March 2015
- Owns 5% to 10% of Total Clarity Wealth Management, Inc
Terrance Murphy
Control person · since July 2006
- Owns 5% to 10% of Total Clarity Wealth Management, Inc
Jeanne Tackett
Control person · since July 2006
Total Clarity Wealth Management’s regulatory assets grew 3.2× from $237M (July 2021) to $755M (July 2026); clients rose from 461 to 1,038 and employees from 22 to 26.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $755M | 1,038 | 26 | 12 |
| March 2025 | $608M | 996 | 20 | 11 |
| June 2024 | $458M | 921 | 24 | 14 |
| March 2023 | $329M | 622 | 19 | 6 |
| March 2022 | $331M | 559 | 21 | 8 |
| July 2021 | $237M | 461 | 22 | 7 |
Besides its headquarters, Total Clarity Wealth Management has 11 offices (6 private residences, listed without an address), with 6 listed addresses in Illinois.
Illinois · 6 listed addresses
- 525 Tyler RD, Suite T, St. CharlesHQ
- 1938 E Lincoln Hwy, New Lenox
- Criterion Wealth Advisors, Inc, Batavia
- 171 W Wing St, Arlington Heights
- American Capital Management, Naperville
- 65 West Jackson BLVD, Chicago
Other business names
Total Clarity Wealth Management has reported 5 other business names to the SEC.
- American Capital Management, Inc
- Beyond Wealth Management, Inc.
- Criterion Wealth Advisors, LLC
- Preactive Investments
- Total Clarity Wealth Management
Contact and registration details
- Legal name
- Total Clarity Wealth Management, Inc
- Headquarters
- 525 Tyler RD, Suite T, St. Charles, IL 60174
- Website
- totalclaritywealth.com
- Phone
- 630-762-9352
- SEC file
- 801-67755
- Founded
- 2006
- Structure
- Illinois corporation
- Fiscal year end
- December
Total Clarity Wealth Management uses Charles Schwab ($458M, 61%) and LPL Financial ($293M, 39%) as custodians for its separately managed accounts. Total Clarity Wealth Management has custody of $25.9M in client assets for 49 clients.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $293M39%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $458M61%
At year end, Total Clarity Wealth Management’s separately managed accounts were mostly in funds (69%) and stocks (19%). Its reported 13F holdings for the quarter ended 30 June 2026 total $515M across 368 positions; the largest are SPDR Series Trust (5.4%), Janus Detroit Str TR (2.7%) and SPDR Series Trust (2.5%).
What the accounts hold
- Stocks19%
- Funds69%
- Bonds2%
- Cash10%
Reported 13F holdings
- $515M
- Reported 13F value
- 368
- Positions
- 22.9%
- In the 10 largest
- +20.9%
- Value vs. prior quarter
- SPDR Series Trust · ST Str P500etf5.4%
- Janus Detroit Str TR · Hendrson Aaa CL2.7%
- SPDR Series Trust · ST Str Sp500div2.5%
- First TR Exchange Traded FD · Risng Divd Achiv2.5%
- Invesco Exch Traded FD TR II · Nasdaq 100 ETF2.0%
- SPDR Series Trust · ST Str Aggre ETF1.7%
- Invesco Exch Trd Slf Idx FD · Intl Dev Dynamic1.7%
- Capital Group Growth ETF · Shs Creat Unit1.6%
- Schwab Strategic TR · Fundamental Intl1.4%
- Apple Inc.1.4%
Together, the ten largest are 22.9% of reported value.
How many clients does Total Clarity Wealth Management have?
Total Clarity Wealth Management has 1,038 clients and manages $755 million for them, as of July 2026. They include 778 individual clients, 254 high-net-worth individuals, and 5 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 July 2026
What services does Total Clarity Wealth Management offer?
Total Clarity Wealth Management provides financial planning, portfolio management for individuals and small businesses, educational seminars, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Total Clarity Wealth Management use?
Total Clarity Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $458M and LPL Financial LLC (Fort Mill, SC), with $293M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 July 2026
How many financial advisors does Total Clarity Wealth Management have?
Total Clarity Wealth Management has 20 investment adviser representatives registered with state securities authorities, out of 26 employees, and 20 perform investment advisory functions. 14 employees are registered representatives of a broker-dealer and 17 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 Total Clarity Wealth Management invest in?
At the end of its last fiscal year, Total Clarity Wealth Management’s separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities, 10% cash and equivalents and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Total Clarity Wealth Management?
Total Clarity Wealth Management’s direct owners are Terrance Murphy (5% to 10%), Jeanne Tackett (5% to 10%) and David Hubbard (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 July 2026
How does Total Clarity Wealth Management get paid?
Total Clarity Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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
How do I contact Total Clarity Wealth Management?
Total Clarity Wealth Management’s main office is at 525 Tyler RD, Suite T, St. Charles, IL 60174. Its phone number is 630-762-9352. Its website is totalclaritywealth.com.