Brown Financial Management Group LLC - Financial Advisory Firm in Latham, NY

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Tel: 518-464-9974 Pioneer Wealth Management @ Pioneer Bank Headquarters 652 Albany Shaker Rd. Albany, NY 12211

About Brown Financial Management Group LLC

........

See Disclosures

General Information

Firm Start Year:

1986

No. of Employees:

1 Employee

Insurance License#:

LA-673474 New York

Name of Broker/Dealer:

Cambridge Investment Research, Inc.

Name of Custodial Firm:

National Financial Services, LLC

States Licensed in:

CT, FL, GA, IL, MA, MD, ME, MO, NC, NJ, NY, PA, SC, TX, VA, WI

Communities served:

The NY State Cap. District, Orange County, The Berkshires, The Adirondacks and other areas to start with a phone conversation.

Work Experience:

See above please. Comprehensive analysis, design, implentation of investments with ongoing monitoring and follow-up meetings with client's. Fee-based with third party ratings and reviews of all investments utilized. I do not like comission business but will review it for you if you already have it.

Work with the following types of clients:

Businesses, Individual Investors, Trusts and Estates

Advisory Services Provided:

Financial Advice & Consulting, Investment Advice & Management, Estate Planning & Trusts, Insurance Products & Annuities, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Financial Planning for Individuals, Financial Planning for Businesses, Education Funding and Planning

Qualifications & Memberships

Insurance and Annuity Licenses:

Variable Life, Long Term Care, Variable Annuity, Life, Health, Annuity, Disability

Financial Organization Memberships:

Financial Planning Association (FPA), Financial Services Institute

Services

Investment Types:

Mutual Funds, Bonds, Stocks, Annuities, Insurance, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)

I provide a free initial consultation:

Yes

Preferred meeting methods

Can meet clients in the following ways:

Your Office, Video Conference, Our Offices, Your Home, Email, Phone, Our Office

Compensation and Fees

Fee Structure:

Fee-Based

Minimum Portfolio Size for New Managed Accounts:

$250,000

Compensation Methods:

Hourly, Based on Assets

Fee % Based on Assets:

Majority

Hourly Rate:

$275

Flat Fee Rate:

varies

Additional Details on Charges:

Free initial consultation in person or by phone.

Minimum Fee Charged for Managed Accounts:

N/A

Minimum Fee Charged for Hourly Planning Accounts:

N/A

Minimum Fee Charged for Flat Fee Accounts:

Firm Information

Firm's Number of Clients:

130

Firm's Number of Planning Clients:

105

Firm's Number of Managed Clients:

105

Assets Managed by Firm:

40,831,751

Advisor's Number of Clients:

115

Advisor's Number of Managed Clients:

Advisor's Number of Planning Clients:

Total Assets Under Management by Advisor:

$50,000,000+

Financial Planning for Businesses

Mainly involved in setting up 401K's, and other types of retirement plans for businesses. We can refer you to group insurance specialists if needed.

Financial Planning for Individuals

All major financial planning areas are covered/reviewed to provide comprehensive planning for both short and long term goals with continued guidance. Referrals to estate planning attorneys, CPA's, etc. are available.

Financial Advice & Consulting

Very well seasoned advisor with both wisdom and common sense in one package! That is very rare in this day and age.

Portfolio Management

Fully disclosed and unique process to custom tailor investments to the needs of the client. We do not do "cookie cutter" portfolios where everyone gets the same thing. Investment performance disclosure and quarterly portfolio reviews. We are the real deal!

Retirement Planning

Projections completed to include inflation, the return on your nest egg, social security, pension if any. Shows approximately what you can safely spend during retirement, projected out to age 100 or beyond.

401K Rollovers

We do many 401K rollovers and the investment process is the same as you see under the "Portfolio Management" section above.

Insurance Planning

Mostly Long Term Care insurance counseling. Also can do life and disability coverage if needed. Referrals to well mannered home, auto and business agents are available.

Annuities

If appropriate for the client, we can place and service both fixed and variable annuities for you.

Estate Planning & Trusts

We can assist you with setting up the basics of your Estate but ultimately an Estate Planning Attorney has to draw up all the legal documents such as your Will, Power of Attorney, Health Care Proxy, Living Will or Trust Document if needed. Referrals are available.

Tax Advice and Services

We do not prepare taxes but must have tax knowledge to properly advise you in other financial areas. Referrals to tax professionals are available.

Education Funding & Planning

We do projections of what you may need in the future at college time based on inflation, rates of returns on investments and how much you need to invest each month to meet your goals. Assist with setting up tax advantaged 529 College Savings Plans.

Investment Management & Advice

We actually do what others only say they will do. We have quarterly reviews of your portfolios and prefer to charge a fee based on the amount of assets under our management rather than deal on a commission basis. Any portfolio fine tuning is done quarterly and interim if necessary.

Wealth Management

Part of the entire portfolio management process and includes deferral of taxation if appropriate. Estate planning is also a part of Wealth Management.

Risk Management

Part of the entire investment portfolio management process. From an insurance protection standpoint, we assist/advise in most areas.

Money Management

We do not do budgeting for clients but do assist with analyzing your expenses/cash flow if requested.

Disclosures

WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.

www.thomasjbrown.com

Additional Detailed Disclosures

https://www.wiseradvisor.com/disclosure/1811961/wiseradvisor-brown-financial-management-group-llc-detailed-disclosure.html

Disclaimer

*Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer; Member FINRA/SIPC. Investment Advisor Representative, Thomas J. Brown, Brown Financial Management Group, LLC a Registered Investment Advisor. Cambridge Investment Research, Inc. and Brown Financial Management Group, LLC are not affiliated.

Firm CRD# 282501

Office Hours

Monday8:00 AM - 4:00 PM

Tuesday8:00 AM - 4:00 PM

Wednesday8:00 AM - 4:00 PM

Thursday8:00 AM - 4:00 PM

Friday8:00 AM - 4:00 PM

Compensation Arrangements

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