Brownstone Financial Group is a registered investment advisor founded in 2019 and based in New Hampshire, with an additional office in Massachusetts. The firm offers personalized financial planning and ongoing portfolio management for individuals and high-net-worth clients. Before starting any relationship, Brownstone Financial Group creates a customized written financial plan through a series of personal interviews. For ongoing portfolio management, the firm collaborates with third-party investment advisors and sub-advisers who handle the actual trading and execution while Brownstone Financial Group oversees the relationship, monitors account performance, and conducts annual reviews. The firm's investment strategy focuses on asset allocation primarily using exchange-traded funds. In addition to investment management, the firm's associates are licensed insurance agents who may recommend insurance products, presenting a potential conflict of interest due to separate commission earnings.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Brownstone Financial Group charges a maximum annual management fee of 1.25% for direct portfolio management (with sub-adviser fees up to 0.75% additional), or up to 2.00% inclusive of third-party advisor fees in co-advisor arrangements. All management fees are negotiable.