Brown Wealth Management, LLC
Assets Under Management
$199.5M
Number of Clients
117
Number of Advisors
2
Average Client AUM
$1.7M
AUM per Advisor
$99.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Brown Wealth Management offers investment advisory services, financial planning, and retirement plan consulting. Financial planning covers protection, estate planning, income tax planning, retirement income planning, and investment planning. The firm provides discretionary investment advisory services for clients with $750,000 or more in investable assets.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3M+ | 0.70% |
Fee Estimator
The firm's annual investment advisory fee is determined through fixed fees (subject to a $7,500 minimum), asset-based fees, or hourly fees ($400/hour, limited to clients with investment assets of less than $350,000). Financial planning and consulting fees are negotiable, generally $400 per hour or between $1,500 and $10,000 on a fixed fee basis. The asset-based fee minimum of $7,500 means that clients will pay at least $1,875 each quarter. Clients with less than $750,000 under management will be subject to rates above 1.00%.
Areas of Practice
Location
12100 Single Tree Lane, #175, Eden Prairie, MN, 55344
