Overview
Assets Under Management: $468 million
Headquarters: FAIRHOPE, AL
High-Net-Worth Clients: 154
Average Client Assets: $2.5 million
Frequently Asked Questions
BROWN FINANCIAL ADVISORY charges 1.00% on the first $0 million, 0.85% on the next $1 million, 0.65% on the next $2 million, 0.50% on the next $5 million according to their SEC Form ADV filing. See complete fee breakdown ↓
Yes. As an SEC-registered investment advisor (CRD #155548), BROWN FINANCIAL ADVISORY is subject to fiduciary duty under federal law.
BROWN FINANCIAL ADVISORY is headquartered in FAIRHOPE, AL.
BROWN FINANCIAL ADVISORY serves 154 high-net-worth clients according to their SEC filing dated March 12, 2026. View client details ↓
According to their SEC Form ADV, BROWN FINANCIAL ADVISORY offers financial planning, portfolio management for individuals, portfolio management for institutional clients, and pension consulting services. View all service details ↓
BROWN FINANCIAL ADVISORY manages $468 million in client assets according to their SEC filing dated March 12, 2026.
According to their SEC Form ADV, BROWN FINANCIAL ADVISORY serves high-net-worth individuals, institutional clients, and pension and profit-sharing plans. View client details ↓
Services Offered
Services: Financial Planning, Portfolio Management for Individuals, Portfolio Management for Institutional Clients, Pension Consulting
Fee Structure
Primary Fee Schedule (2026.03.11 FORM ADV PART 2A)
| Min | Max | Marginal Fee Rate |
|---|---|---|
| $0 | $500,000 | 1.00% |
| $500,001 | $1,000,000 | 0.85% |
| $1,000,001 | $2,000,000 | 0.65% |
| $2,000,001 | $5,000,000 | 0.50% |
| $5,000,001 | $10,000,000 | 0.35% |
| $10,000,001 | $25,000,000 | 0.20% |
| $25,000,001 | and above | Negotiable |
Minimum Annual Fee: $7,000
Illustrative Fee Rates
| Total Assets | Annual Fees | Average Fee Rate |
|---|---|---|
| $1 million | $9,250 | 0.92% |
| $5 million | $30,750 | 0.62% |
| $10 million | $48,250 | 0.48% |
| $50 million | Negotiable | Negotiable |
| $100 million | Negotiable | Negotiable |
Clients
Number of High-Net-Worth Clients: 154
Percentage of Firm Assets Belonging to High-Net-Worth Clients: 83.09%
Average Client Assets: $2.5 million
Total Client Accounts: 859
Discretionary Accounts: 846
Non-Discretionary Accounts: 13
Minimum Account Size: None
Regulatory Filings
CRD Number: 155548
Filing ID: 2070364
Last Filing Date: 2026-03-12 10:54:37
Form ADV Documents