B
Brown & Associates
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$0
Total clients
1
0% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
1
Average account size
$0
About
Brown & Associates is a fee‑only, single‑advisor registered investment adviser that provides investment advice to high‑net‑worth individuals, trusts, foundations, qualified retirement plan sponsors, business entities and institutional investors. The firm generally operates as a referring/solicitor advisor to a third‑party asset manager and requires $100,000 to open an account.
The firm does not analyze individual securities or directly manage client accounts; instead it relies on its relationship with a third‑party asset manager to construct, rebalance and report on portfolios using institutional mutual funds (including Dimensional, AQR and Vanguard). Its stated investment approach is grounded in academically based, Modern Portfolio Theory principles, emphasizing multi‑asset global diversification and low‑cost, tax‑efficient fund exposure for longer time horizons.
Noteworthy characteristics include the absence of direct portfolio management or discretionary authority by the firm—clients grant limited discretion to the third‑party manager while custodians retain asset custody and the manager facilitates fee collection. The firm highlights access to institutional‑only fund share classes not readily available to retail investors and does not accept third‑party commissions or 12b‑1 fees.
Client services
Selection of other advisers
Referal to other money managers
Expertise
Passive / index investing
Occupation focus
Retired
Fee options
$0 - $1,000,000: 1% $1,000,001 - $3,000,000: 0.95% $3,000,001 - $5,000,000: 0.90% $5,000,001+: Negotiable
Account minimum: $100,000 Fee-only: Fee only basis, no commissions or third party compensation received by Brown & Associates.
Main office location
Brown & Associates
Little Rock AR, United States
Number of offices
1
Most active in
Brown & Associates has reported serving >5 clients in these states in the last 12 months.
Arkansas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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