Total Management Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, retirement plan services, and tax planning. Financial planning was provided to 51–100 clients last fiscal year.
Total Management Group reports 243 clients. They include 177 high-net-worth individuals, 45 pension and profit-sharing plans, and 14 individual clients. Of its assets, 100.0% ($554M across 787 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 6% | <1% |
| High-net-worth individuals | 73% | 85% |
| Pension and profit-sharing plans | 19% | 14% |
| Corporations and other businesses | 3% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 14 | $3.74M | 0.7% | $267K |
| High-net-worth individuals | 177 | $471M | 85.0% | $2.66M |
| Pension and profit-sharing plans | 45 | $77.3M | 14.0% | $1.72M |
| Corporations and other businesses | 7 | $1.9M | 0.3% | $272K |
| Total | 243 | $554M | 100% | $2.28M |
- Clients
- 14
- Regulatory AUM
- $3.74M
- AUM share
- 0.7%
- Avg. per client
- $267K
- Clients
- 177
- Regulatory AUM
- $471M
- AUM share
- 85.0%
- Avg. per client
- $2.66M
- Clients
- 45
- Regulatory AUM
- $77.3M
- AUM share
- 14.0%
- Avg. per client
- $1.72M
- Clients
- 7
- Regulatory AUM
- $1.9M
- AUM share
- 0.3%
- Avg. per client
- $272K
Total
- Clients
- 243
- Regulatory AUM
- $554M
- AUM share
- 100%
- Avg. per client
- $2.28M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Total Management Group charges 0.50%–1.00% a year for its Investment Advisory Services. The fee is billed in advance or in arrears and is negotiable. 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 fees are negotiable, generally $1,500 to $5,000 fixed or $150 to $400 an hour, with 25% of the fee due when the agreement is signed.
Lawrence Heller owns 75% or more of Total Management Group. The leadership team of Total Management Group includes President Lawrence Heller. It has 6 employees, 4 of them in advisory roles.
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- 3 soliciting firms
- Owns 75% or more of Total Management Group, Inc.
Lawrence Heller
Control person · since June 1992
- Owns 10% to 25% of Total Management Group, Inc.
Gregory Moss
since January 2021
Total Management Group’s regulatory assets grew 1.8× from $303M (March 2021) to $554M (February 2026); clients rose from 157 to 243 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $554M | 243 | 6 | 1 |
| Jul 2025July 2025 | $446M | 231 | 5 | 1 |
| Apr 2024April 2024 | $404M | 214 | 6 | 1 |
| Mar 2023March 2023 | $302M | 327 | 7 | 1 |
| Jul 2022July 2022 | $324M | 163 | 7 | 1 |
| Mar 2021March 2021 | $303M | 157 | 5 | 1 |
Besides its headquarters, Total Management Group has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 225 Broadhollow Road, Suite 215, MelvilleHQ
Other business names
Total Management Group has reported 1 other business name to the SEC.
- Heller Wealth Management
Contact and registration details
- Legal name
- Total Management Group, Inc.
- Headquarters
- 225 Broadhollow Road, Suite 215, Melville, NY 11747
- Website
- hellerwealthmanagement.com
- Phone
- 631-248-3600
- SEC file
- 801-61749
- Structure
- New York corporation
- Fiscal year end
- December
Total Management Group’s named custodian for separately managed accounts is Charles Schwab ($489M). Total Management Group has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · New York, NY · $489M100%
At year end, Total Management Group’s separately managed accounts were largely in stocks (37%) and funds (35%).
What the accounts hold
- Stocks37%
- Exchange-traded equities33%
- Non-exchange-traded equities4%
- Funds35%
- Bonds12%
- State and local bonds10%
- Investment grade corporate bonds2%
- Cash8%
- Other8%
- Private credit and private infrastructure8%
How many clients does Total Management Group have?
Total Management Group has 243 clients and manages $554 million for them, as of February 2026. They include 177 high-net-worth individuals, 45 pension and profit-sharing plans, and 14 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 February 2026
What services does Total Management Group offer?
Total Management Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, 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
How much does Total Management Group charge?
Total Management Group charges 0.50%–1.00% a year for its Investment Advisory Services. The fee is billed in advance or in arrears and is negotiable.
Which custodians does Total Management Group use?
Total Management Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (New York, NY), with $489M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 February 2026
How many financial advisors does Total Management Group have?
Total Management Group has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Management Group invest in?
At the end of its last fiscal year, Total Management Group’s separately managed accounts held 35% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities, 10% state and local bonds, 8% cash and equivalents, 8% other, 4% non-exchange-traded equities and 2% investment grade corporate bonds. The 8% other category is described as: Private Credit and Private Infrastructure.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Total Management Group?
Total Management Group’s direct owners are Lawrence Heller (75% or more) and Gregory Moss (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 6 February 2026
How does Total Management Group get paid?
Total Management Group 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
How do I contact Total Management Group?
Total Management Group’s main office is at 225 Broadhollow Road, Suite 215, Melville, NY 11747. Its phone number is 631-248-3600. Its website is hellerwealthmanagement.com.