Brookstone Wealth Advisors, LLC

CRD#137658
Investment Advisor Firm

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Learn more about Brookstone Wealth Advisors, LLC

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Brookstone Wealth Advisors, LLC is a financial advisory company headquartered in Wheaton, Illinois. The firm has a large group, including 198 financial advisors. Brookstone Wealth Advisors, LLC is not a registered broker-dealer, signifying that the firm is not able to buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer firm to do so. Securities are defined as exchangable fiscal investments such as options, stocks and bonds.



    Brookstone Wealth Advisors, LLC's main office is at 1745 S Naperville Rd, Wheaton, Illinois 60189. Brookstone Wealth Advisors, LLC is permitted to serve customers throughout 51 U.S. states and territories.

    Number of Advisors

    198

    Disclosures

    No

    Office Location

    1745 S Naperville Rd
    Wheaton, IL 60189

    Brookstone Wealth Advisors, LLC by the Numbers

    Total Number of Employees

    198

    National Average: 64
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    Products and Services

    Brookstone Wealth Advisors, LLC offers a number of financial services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers and educational seminars. In the past financial year, the company provided 101-250 of its customers with financial planning services. Brookstone Wealth Advisors, LLC does not sell products or offer services apart from investment advisory services to its investment advisory accounts. It is affiliated with a number of other service providers in the financial services industry, including with a lawyer or law firm and insurance company or agency.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Find a firm that offers this service

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Offered by 6% of firms

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Financial management fees usually vary depending on which services the firm provides the client. Fee types billed by Brookstone Wealth Advisors, LLC can be comprised of some blend of the following fee types: asset-based, hourly or fixed. The company does participate in a wrap fee program, in which the company offers a service bundle for a single fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 21% of firms

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Disclosures

    Brookstone Wealth Advisors, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Brookstone Wealth Advisors, LLC

    Barry Rutten
    Kirkland, WA
    Eric Johnson
    Atlanta, GA
    Leslie Verkuilen
    Neenah, WI
    Frank Hicks
    Johns Creek, GA
    Nicholas Bunio
    Berwyn, PA
    Karyn Rowe
    Yakima, WA
    John Newell
    The Villages, FL
    Paul Yoon
    Rio Grande, PR
    Gary Loduca
    Tampa, FL

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