DB
CFP
DB
CFP

Douglas Brown

29 Years of Experience
Chicago, IL
May Earn Commission

Douglas Brown is a CFP-designated registered investment advisor at Hightower Advisors, LLC, based in Chicago, IL, with 29 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 56,418 clients with $160B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1028 advisors
Number of Clients
56,418 clients
Average Client Portfolio
$2.9M average
Assets Under Management
$164.8B

Fee Structure

Hightower Advisors offers investment management services where fees are negotiable and can be calculated as a percentage of your portfolio. The percentage can be a flat rate, tiered based on asset levels, or tiered floating. Fees are typically deducted from your account and can be charged either in advance or after the service is provided, calculated quarterly or monthly. Some advisors may adjust fees based on significant deposits or withdrawals during the billing cycle. The firm may also household accounts for price breaks.

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Location

200 W. Madison St., Suite 2500, Chicago, IL, 60606

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Hightower Advisors, LLC
October 2020 - Present · 5 yrs 7 mos
Previous Registrations
Private Vista, LLC
May 2017 - November 2020 · 3 yrs 6 mos
Kestra Advisory Services, LLC
April 2016 - August 2017 · 1 yr 4 mos
NFP Advisor Services, LLC
November 2004 - September 2016 · 11 yrs 10 mos
Kestra Investment Services, LLCBroker
November 2004 - August 2017 · 12 yrs 9 mos
Ameritas Investment CORP.Broker
October 2003 - November 2004 · 1 yr 1 mo
The Advisors Group, INC.
September 1997 - November 2004 · 7 yrs 2 mos
The Advisors Group, INC.Broker
November 1996 - October 2003 · 6 yrs 11 mos
Allmerica Investments, INC.Broker
October 1996 - November 1996 · 1 mo
State Registrations1 state
IL
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.
Douglas Brown - Financial Advisor | TrueAdvisor