Total Wealth Planning and Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Total Wealth Planning and Management reports 414 clients. They include 346 individual clients, 66 high-net-worth individuals and 2 charitable organizations. Of its assets, 99.3% ($237M across 405 accounts) are managed with discretion; $1.55M across 7 accounts are not. A wrap fee program the firm both sponsors and manages holds $234M. Of its clients, 1% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 84% | 34% |
| High-net-worth individuals | 16% | 66% |
| Charitable organizations | <1% | 0% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 346 | $80.3M | 33.6% | $232K |
| High-net-worth individuals | 66 | $159M | 66.4% | $2.4M |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | $0 |
| Total | 414 | $239M | 100% | — |
- Clients
- 346
- Regulatory AUM
- $80.3M
- AUM share
- 33.6%
- Avg. per client
- $232K
- Clients
- 66
- Regulatory AUM
- $159M
- AUM share
- 66.4%
- Avg. per client
- $2.4M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- $0
Total
- Clients
- 414
- Regulatory AUM
- $239M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Total Wealth Planning and 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 4 other services, listed under fee details.
Fee details and sources
Other fees
- Educational consulting
- Educational consultation $150 per hour by phone; $250 per hour in person.
- Financial planning
- Comprehensive plans $750 to $1,250 depending on complexity; included at no extra cost for most managed clients, but $1,250 for clients under $100,000 in AUM.
- Portfolio and 401(k) reviews
- Annual portfolio review $250; semi-annual 401(k) review $100 per six months with contract for two people, or a one-time $250 for the first person and $100 for a spouse.
- Single-objective financial planning
- Fixed fee up to $500 for a single objective, or an hourly rate up to $250.
William Tomes owns 75% or more of Total Wealth Planning and Management. The leadership team of Total Wealth Planning and Management includes President William Tomes. It has 8 employees, 7 of them in advisory roles.
Staff
- 8 employees
- 7 in advisory functions
- 7 state-registered reps
- 1 insurance agent
- Owns 75% or more of Total Wealth Planning and Management, Inc.
William Tomes
Control person · since January 2013
Total Wealth Planning and Management’s regulatory assets grew 2.4× from $99.8M (February 2021) to $239M (April 2026); clients rose from 199 to 414 and employees from 4 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $239M | 414 | 8 | 7 |
| Jun 2025June 2025 | $204M | 365 | 9 | 7 |
| Apr 2024April 2024 | $178M | 377 | 8 | 8 |
| Feb 2023February 2023 | $164M | 379 | 8 | 8 |
| Jun 2022June 2022 | $174M | 385 | 8 | 9 |
| Feb 2021February 2021 | $99.8M | 199 | 4 | 6 |
Besides its headquarters, Total Wealth Planning and Management has 6 offices (6 private residences, listed without an address), with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Total Wealth Planning and Management, Inc.
- Headquarters
- Not reported
- Website
- totalwpm.com
- Phone
- 866-568-0003
- SEC file
- 801-113167
- Structure
- Florida corporation
- Fiscal year end
- December
Total Wealth Planning and Management’s named custodian for separately managed accounts is Raymond James ($234M). Total Wealth Planning and Management does not have custody of client assets.
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $234M100%
At year end, Total Wealth Planning and Management’s separately managed accounts were mostly in stocks (50%) and bonds (29%). Its reported 13F holdings for the quarter ended 30 June 2026 total $148M across 215 positions; the largest are Micron Technology Inc. (3.0%), Apple Inc. (3.0%) and Amazon Com Inc. (2.2%).
What the accounts hold
- Stocks50%
- Funds15%
- Bonds29%
- Investment grade corporate bonds15%
- State and local bonds8%
- U.S. government and agency bonds5%
- High-yield corporate bonds1%
- Cash5%
- Other1%
- Derivatives1%
How many clients does Total Wealth Planning and Management have?
Total Wealth Planning and Management has 414 clients and manages $239 million for them, as of April 2026. They include 346 individual clients, 66 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 April 2026
What services does Total Wealth Planning and Management offer?
Total Wealth Planning and Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Total Wealth Planning and Management use?
Total Wealth Planning and Management’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $234M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 April 2026
How many financial advisors does Total Wealth Planning and Management have?
Total Wealth Planning and Management has 7 investment adviser representatives registered with state securities authorities, out of 8 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Total Wealth Planning and Management invest in?
At the end of its last fiscal year, Total Wealth Planning and Management’s separately managed accounts held 50% exchange-traded equities, 15% investment grade corporate bonds, 15% registered funds (mutual funds, ETFs, BDCs), 8% state and local bonds, 5% U.S. government and agency bonds, 5% cash and equivalents, 1% high-yield corporate bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Total Wealth Planning and Management?
Total Wealth Planning and Management’s direct owner is William Tomes (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 April 2026
How does Total Wealth Planning and Management get paid?
Total Wealth Planning and 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 Wealth Planning and Management?
Its phone number is 866-568-0003. Its website is totalwpm.com.