Total Investment Management, Inc. (Scottsdale)

Name: Total Investment Management, Inc.
Address: 9383 East Bahia Drive, Scottsdale, AZ, 85260
Telephone: 480-998-5735

Total Investment Management, Inc. is a large advisory firm based in Scottsdale. It manages $1.02 billion of regulatory assets for 2,425 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 34 other states.

Total Investment Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Total Investment Management: assets under management

The assets under management (AUM) of Total Investment Management, Inc. is $1.02 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 709% since the beginning of its operation, and $1.13 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.02 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $419.06 thousand each.

Total Investment Management has custody of $362.06 million in cash and securities for 678 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 44% of the total AUM. The second-largest asset type is investment and business development companies, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 27% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Total Investment Management, Inc. for their services and products based on a percentage of assets under management, subscription fees, and fixed fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Edward Foster serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of John Edward Foster is individuals with 1,309 clients and $645.14 million of assets under management. Among the 6 most similar advisory firms, Total Investment Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.02 billion for 1,596 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Total Investment Management doesn't advise any private funds.

Careers at Total Investment Management, Inc.

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Edward Foster has been acting as President since 1 May 1998. Christopher Lee Payne joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Edward Foster	President	1 May 1998	25% - 50%	1889908
Todd Michael Foster	Treasurer/chief compliance officer	1 May 1998	25% - 50%	3024634
Michelle Marie Burton	Chief compliance officer	1 Mar 2015	Other	5412307
Pamela Dawn Houser	Chief compliance officer	1 Jun 2016	Other	2851786
Christopher Lee Payne	Chief compliance officer	1 Sep 2019	Other	4913131

Based in Scottsdale

The principal office where Total Investment Management, Inc. performs its advisory services is located at 9383 East Bahia Drive, Scottsdale, AZ 85260, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-998-5735 or by fax 480-443-1588. The normal business hours are m-th 8:00am-4:30pm, f 8:00am-market close on Monday - Friday. You can find more information about the New York firm at timgt.com and its LinkedIn profile.