CG
CG

Charles Garofalo

28 Years of Experience
Wheaton, IL
1 Disclosure

Charles Garofalo is a registered investment advisor at Brookstone Capital Management LLC, based in Wheaton, IL, with 28 years of industry experience. Charles operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 1 more. Their firm serves 54,545 clients with $10B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
324 advisors
Number of Clients
54,545 clients
Average Client Portfolio
$191K average
Assets Under Management
$10.4B

Fee Structure

Minimum Investment:$5K

Brookstone Capital Management's investment management fees are negotiable, up to a maximum of 2.5% annually. The fee includes a portion for BCM (up to 0.95%) and a portion for the investment advisor representative (up to 1.55%). The exact fee is outlined in your agreement. BCM offers its asset management program as a wrap fee program at Schwab, which bundles advisory and transaction fees into a single fee. At Fidelity, clients are part of a non-wrap fee program and may be charged transaction fees. All accounts are charged a monthly $8 fee for software, reduced for accounts under $8,000.

Loading...

Location

1745 S. Naperville Road, Suite 200, Wheaton, IL, 60189

Get directions

History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Financial
January 2018
Final
Employment History
Current Registrations
Brookstone Capital Management LLC
December 2025 - Present · 5 mos
Previous Registrations
Ronald Gelok & Associates, LLC
July 2025 - September 2025 · 2 mos
Edward JonesBroker
March 2024 - April 2025 · 1 yr 1 mo
Edward Jones
March 2024 - April 2025 · 1 yr 1 mo
Fidelity Personal and Workplace Advisors
September 2022 - March 2024 · 1 yr 6 mos
Fidelity Brokerage Services LLCBroker
August 2022 - March 2024 · 1 yr 7 mos
PNC Investments
March 2021 - July 2022 · 1 yr 4 mos
PNC InvestmentsBroker
February 2021 - July 2022 · 1 yr 5 mos
Santander Securities
December 2018 - February 2021 · 2 yrs 2 mos
Santander Securities LLCBroker
November 2018 - February 2021 · 2 yrs 3 mos
Mbsc Securities Corporation
April 2015 - April 2018 · 3 yrs
Mbsc Securities CorporationBroker
April 2015 - April 2018 · 3 yrs
Morgan Stanley
June 2009 - March 2015 · 5 yrs 9 mos
Morgan StanleyBroker
June 2009 - March 2015 · 5 yrs 9 mos
Citigroup Global Markets INC.
February 2007 - June 2009 · 2 yrs 4 mos
Citigroup Global Markets INC.Broker
January 2007 - June 2009 · 2 yrs 5 mos
Nylife Distributors LLCBroker
May 1998 - December 2006 · 8 yrs 7 mos
A.S. Goldmen & CO., INC.Broker
November 1996 - March 1997 · 4 mos
Meyers Pollock Robbins, INC.Broker
March 1996 - October 1996 · 7 mos
A.S. Goldmen & CO., INC.Broker
November 1994 - March 1996 · 1 yr 4 mos
State Registrations2 states
NJPA
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.