{"url":"https://nivawealth.com/firms/total-management-group-124261","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/124261","regulatoryAum":553893216,"crd":"124261","history":[{"filedOn":"2021-03-31","regulatoryAum":302770054,"clients":157,"employees":5,"offices":1},{"filedOn":"2022-07-12","regulatoryAum":323901853,"clients":163,"employees":7,"offices":1},{"filedOn":"2023-03-15","regulatoryAum":301519356,"clients":327,"employees":7,"offices":1},{"filedOn":"2024-04-11","regulatoryAum":404135430,"clients":214,"employees":6,"offices":1},{"filedOn":"2025-07-01","regulatoryAum":445853734,"clients":231,"employees":5,"offices":1},{"filedOn":"2026-02-06","regulatoryAum":553893216,"clients":243,"employees":6,"offices":1}],"secFileNumber":"801-61749","legalName":"Total Management Group, Inc.","displayName":"Total Management Group","slug":"total-management-group-124261","website":"https://hellerwealthmanagement.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"New York corporation","fiscalYearEnd":"December","headquarters":{"street":"225 Broadhollow Road, Suite 215","city":"Melville","state":"NY","stateName":"New York","country":"United States","postalCode":"11747"},"tradeNames":["Heller Wealth Management"],"registration":{"secApproved":"17 January 2003","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2485138.5183246075,"staff":{"employees":6,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":3},"aum":{"regulatory":553893216,"discretionary":553893216,"discretionaryAccounts":787,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":14,"regulatoryAum":3741155},{"label":"High-net-worth individuals","clients":177,"regulatoryAum":470920302},{"label":"Pension and profit-sharing plans","clients":45,"regulatoryAum":77329761},{"label":"Corporations and other businesses","clients":7,"regulatoryAum":1901998}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007022","versionId":1007022,"ratePeriod":"annual","fee_billing":"both","submittedOn":"2026-02-06","documentName":"FORM ADV PART 2A - 2026","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007022","versionId":1007022,"submittedOn":"2026-02-06","documentName":"FORM ADV PART 2A - 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T08:50:49.835316+00:00","documents":[{"name":"FORM ADV PART 2A - 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007022","versionId":1007022,"submittedOn":"2026-02-06"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"New York, NY","smaAssets":488997331}],"custodyNote":"Total Management Group has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Lawrence Heller","title":"President, Chief Compliance Officer","crd":"1684612"},{"name":"Gregory Moss","title":"Principal","crd":"6102128"}],"ownership":[{"label":"Lawrence Heller","detail":"President, chief compliance officer in the 75% or more ownership band and a control person, since June 1992."},{"label":"Gregory Moss","detail":"Principal in the 10% to 25% ownership band, since January 2021."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"225 Broadhollow Road, Suite 215","city":"Melville","headquarters":true}]}],"brochureServices":["education planning","estate planning","insurance","retirement plan services","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"631-248-3600","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":33},{"label":"Non-exchange-traded equity securities","percent":4},{"label":"U.S. state and local bonds","percent":10},{"label":"Investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":35},{"label":"Cash and cash equivalents","percent":8},{"label":"Other","percent":8,"detail":"Private Credit and Private Infrastructure"}],"privateFunds":0},"sources":{"adv1FilingDate":"6 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/124261/PDF/124261.pdf","brochureDate":"6 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007022","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Total Management Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Total Management Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Total Management Group charge?","answer":"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.","source":"FORM ADV PART 2A - 2026, filed 6 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Total Management Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Total Management Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Total Management Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Total Management Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Total Management Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Total Management Group?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 6 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}