Brookstone Capital Management LLC

Brookstone Capital Management is an SEC-registered adviser that delivers fee-based asset management and financial planning through a turnkey asset management platform and a wrap-fee program to a broad client base, including individuals, retirement plans, corporations, charitable organizations, other registered investment advisers, and, unusually for its category, sovereign wealth funds and banking or thrift institutions. The firm also serves as a sub‑advisor and provides model portfolios and managed account services to outside RIAs and their advisors.

Investment management is delivered primarily on a discretionary basis via model portfolios, unified managed accounts, and separately managed accounts spanning strategic and dynamic asset allocation, tax‑aware and ESG models, options‑enhanced ETFs, structured notes and proprietary ETFs and a mutual fund. The firm uses affiliated asset managers for some strategies and discloses and seeks to mitigate related conflicts of interest, for example by providing fee concessions when affiliated products are used.

Distinctive features include its platform orientation—supporting a large advisor network with back‑office and TAMP services—and its ties to the insurance distribution channel and a banking referral arrangement, which create additional referral and compensation dynamics. The brochure also discloses an uncommon practice of referring clients to an affiliated law firm for estate‑planning services and notes the firm’s use of promoter and sub‑advisory agreements with other advisers, each of which is identified as a potential conflict that the firm says it discloses to clients.