Brookstone Wealth Advisors, LLC

CRD#137658
Investment Advisor Firm

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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

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

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The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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