This website was last updated August 8, 2015, at 1:00 p.m.

Welcome to the Total Wealth Management Receivership website.

This Website has been established to facilitate efficient communications between investors, creditors, former employees, and other interested parties of Total Wealth Management, Inc. and all of its subsidiaries and affiliates, including Altus Capital Management, LLC (the “Receivership entities”).

On February 4, 2015, the United States Securities and Exchange Commission filed a COMPLAINT wherein it alleges the defendants violated federal securities laws. On that same date, the Court entered an order on the STIPULATION AND TEMPORARY RESTRAINING ORDER AND ORDERS (1) FREEZING ASSETS; (2) PROHIBITING DESTRUCTION OF DOCUMENTS; (3) GRANTING EXPEDITED DISCOVERY; (4) REQUIRING ACCOUNTINGS; (5) APPOINTING A TEMPORARY RECEIVER, AND ORDER TO SHOW CAUSE RE PRELIMINARY INJUNCTION AND APPOINTMENT OF A PERMANENT RECEIVER  (“TRO”).

Kristen A. Janulewicz, CPA of Thomas Seaman Company was appointed as Temporary Receiver on February 4, 2014, and her appointment became permanent when the court entered its PRELIMINARY INJUNCTION, APPOINTMENT OF A PERMANENT RECEIVER AND RELATED ORDERS on February 12, 2015.

This website will be updated with new developments in the receivership.
 
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FIRST INTERIM REPORT AND PETITION FOR FURTHER INSTRUCTIONS OF RECEIVER
On August 7, 2015, the Receiver filed her [Dkt. No. 44] NOTICE OF FILING OF FIRST INTERIM REPORT AND PETITION FOR FURTHER INSTRUCTIONS and the [Dkt. No. 43] FIRST INTERIM REPORT AND PETITION FOR FURTHER INSTRUCTIONS OF RECEIVER, KRISTEN A. JANULEWICZ.  There will be no oral argument before the Court unless requested by the Court.  If requested, the hearing will be calendared for September 8, 2015.

ORDER GRANTING MOTION FOR ORDER IN AID OF RECEIVERSHIP
On May 8, 2015, Judge Bashant entered her ORDER GRANTING MOTION FOR ORDER IN AID OF RECEIVERSHIP [Dkt. No. 31].

INITIAL REPORT, RECOMMENDATIONS AND PETITION FOR INSTRUCTIONS OF RECEIVER
On March 12, 2015, the Receiver filed with the Court her INITIAL REPORT AND RECOMMENDATIONS AND PETITION FOR INSTRUCTIONS OF RECEIVER, KRISTEN A. JANULEWICZ [Dkt. No. 17]. The report discusses the Receiver’s investigation of the business and financial activities of the Receivership Entities, as well as her efforts to recover the assets of the Receivership Entities. There will be no oral argument before the Court unless requested by the Court. If requested, the hearing will be calendared for April 20, 2015.