Brookstone Capital Management LLC is a large advisory firm based in Wheaton. It manages $2.35 billion of regulatory assets for 35,000 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Brookstone Capital Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Brookstone Capital Management LLC is $2.35 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 9279% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Brookstone Capital Management LLC 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.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Brookstone Capital Management is individuals with 15,000 clients and $1.7 billion of assets under management. Among the 10 most similar advisory firms, Brookstone Capital Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $2.35 billion for 16,050 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Brookstone Capital Management doesn't advise any private funds.
The company employs 280 people that are either part- or full-time employees. 95 percent of the employees work as investment advisers or researchers. 269 employees are registered as investment adviser representatives with the state securities authorities.
There are 20 people 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.
Mark William Diorio has served as the Chief Investment Officer since 1 Jul 2015. Llc Al Marketing joined the executive team most recently as the Shareholder.
The principal office where Brookstone Capital Management LLC performs its advisory services is located at 1745 S. Naperville Road, Wheaton, IL 60189, which is also the mailing address of the firm. An additional office of the firm is in Bartonsville, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 630-653-1400 or by fax 630-653-4925. The normal business hours are 8:30am-5pm on Monday - Friday. You can find more information about the New York firm at brookstonecm.com.