Total Compensation Group Consulting, Inc. (Austin)


Total Compensation Group Consulting, Inc. is a large advisory firm based in Austin. It manages $82.01 million of regulatory assets for 233 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Illinois, and 7 other states.




Total Compensation Group Consulting provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Total Compensation Group Consulting: assets under management

The assets under management (AUM) of Total Compensation Group Consulting, Inc. is $82.01 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $7.65 million in discretionary accounts and $74.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $320.53 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Total Compensation Group Consulting, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Total Compensation Group Consulting, Inc.

Mike Wayne Cochran has been acting as President since 1 Jan 2000. John Joseph Pesce joined the executive team most recently as the Manager.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
John Joseph Pesce Senior vice president 1 Jan 2000 25% - 50% 2384301
Mike Wayne Cochran President 1 Jan 2000 25% - 50% 1412943
Arthur Howard General counsel 1 Jan 2001 Other 4417779
Teri Lynn Hoyt Compliance officer 1 Jun 2001 Other 4015682
William Patrick Tedrow President of fic financial services, inc. 1 Jun 2003 Other 2090063
Inc. Fic Financial Services Parent company 1 Jun 2003 75% - 100% 06-1691863
Financial Industries Corporation Parent company of fic financial services, inc. 1 Jun 2003 75% - 100% 74-2126975
Teri Lynn Hoyt Compliance officer 1 Dec 2003 Other 4015682
Llp Bcdp Holdings Holding company 1 Dec 2003 75% - 100% 20-0529591
David Randolph Allen Senior vice president 1 Dec 2003 Other 2960813
Llc Total Compensation Group Advisory Services Management General partner 1 Dec 2003 Other 20-0760699
John Joseph Pesce Manager 1 Jan 2004 Other 2384301
Teri Lynn Hoyt Compliance officer 1 Jan 2004 Other 4015682
Llp Bcdp Holdings Holding company 1 Jan 2004 75% - 100% 20-0529591
Llc Total Compensation Group Investment Advisory Services Management General partner 1 Jan 2004 Other 20-0529591
David Randolph Allen Senior vice president 1 Jan 2004 Other 2960813

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
John Joseph Pesce General partner 1 Dec 2003 25% - 50% 2384301
Mike Wayne Cochran General partner 1 Dec 2003 25% - 50% 1412943
Scott Alan Bell General partner 1 Dec 2003 25% - 50% 2881086
Wayne Clarence Desselle General partner 1 Dec 2003 25% - 50% 1261196
Mike Wayne Cochran Partner 1 Jan 2004 25% - 50% 1412943
Wayne Clarence Desselle Partner 1 Jan 2004 25% - 50% 1261196
Scott Alan Bell Partner 1 Jan 2004 25% - 50% 2881086

Based in Austin

The principal office where Total Compensation Group Consulting, Inc. performs its advisory services is located at 4201 Bee Caves Rd. #C 101, Austin, TX 78746, 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 512-306-9939 or by fax 512-306-9959. The normal business hours are 8-5 on Monday - Friday.