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Thomas Brown, CERTIFIED FINANCIAL PLANNER, CFP®
Brown Financial Management Group LLC

Tel: 518-464-9974
950 New Loudon Rd
Suite 105
Latham, NY 12110

About Brown Financial Management Group LLC

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General Information

Firm Start Year:   1986
No.of Employees:   1
Insurance License#:   LA-673474
Name of Broker/Dealer:   Cambridge Investment Research, Inc.
Name of Custodial Firm:   National Financial Services, LLC
States Licensed in:   CT, FL, IL, MD, NC, NY, PA, SC.
Number of Years with Current Firm:   14
Work Experience:   The founder of our firm, Thomas J. Brown, CFP®, is a CERTIFIED FINANCIAL PLANNER TM with over 35 years of financial experience. He received his certification in November 1992 and has also established his own Registered Investment Advisor (RIA) Firm. Brown Financial Management Group, LLC was established in 2017.
Work with the following types of clients:   Trusts and Estates, Businesses, Individual Investors
Advisory Services Provided:   Portfolio Management, Retirement Planning, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Advice & Consulting, Financial Planning for Individuals, Financial Planning for Businesses, Investment Advice & Management, Insurance Products & Annuities, Financial Planning

Services

Investment Types:   Stocks, Insurance, Annuities, Exchange Traded Funds (ETFs), Bonds, Mutual Funds, Socially Responsible Investments (SRI)
Can meet clients in the following ways:   Your Office, Our Office, Your Home

Qualifications & Memberships

Insurance and Annuity Licenses:   Variable Life, Variable Annuity, Long Term Care, Life, Health, Disability, Annuity
Financial Organization Memberships:   Financial Services Institute, Financial Planning Association (FPA)

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:   135
Advisor's Number of Managed Clients:   98
Advisor's Number of Planning Clients:   98
Assets Managed by Advisor:   51,209,233

Compensation and Fees

Fee Structure:   Fee-Based
Minimum Portfolio Size for New Managed Accounts:   $1
Compensation Methods:   Hourly, Based on Assets
Fee % Based on Assets:   varies
Hourly Rate:   $195
Flat Fee Rate:   varies
Minimum Fee Charged for Managed Accounts:   $0
Minimum Fee Charged for Hourly Planning Accounts:   $0
Minimum Fee Charged for Flat Fee Accounts:   $0

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Financial Services

Financial Planning for Businesses

Mainly involved in setting up retirement plans for businesses. We can refer you to group insurance specialists.

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.

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.

Annuities

If appropriate for the client, we can place 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.

Tax Planning & Mitigation

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

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 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

www.thomasjbrown.com

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.

Compliance

Registered Investment Advisor:

Yes


Registered Representative:

Yes


Investment Advisor Representative:

Yes


Compliance Disclosures in Last 5 years:

Have a clean record


Criminal Disclosures in Last 5 years:

Have a clean record


Office Hours

wiseradvisor-balck-li-img Mon. 8:00 AM - 4:00 PM
wiseradvisor-balck-li-img Tue. 8:00 AM - 4:00 PM
wiseradvisor-balck-li-img Wed. 8:00 AM - 4:00 PM
wiseradvisor-balck-li-img Thu. 8:00 AM - 4:00 PM
wiseradvisor-balck-li-img Fri. 8:00 AM - 4:00 PM

Communities Served

various

Compensation Arrangements

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