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Northbrook Financial

Updated today

Client assets under management

$86,957,000

Clients

127

19% high-net worth

Advisors

2

of 8 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

64

High

Average account size

$684,701

About

Northbrook Financial provides investment management and ongoing comprehensive financial planning to individual and high‑net‑worth clients, and also advises employer plan sponsors on participant‑directed retirement plans. The firm offers retirement income planning and a range of planning services — including cash‑flow, college and estate planning — and makes educational seminars and speaking engagements available to the public.

The firm constructs client‑specific investment policies and manages discretionary portfolios using a mix of fundamental, technical and cyclical analysis informed by modern portfolio theory, and it can deploy third‑party managers and automated platforms (including an Altruist implementation) to implement allocations. Northbrook also supports “held‑away” retirement accounts through a third‑party provider and conducts periodic reviews of client accounts and model allocations.

Northbrook is notable for its operational links to a separate tax planning and preparation practice and for having CPA credentials among its principals, which the firm makes available through optional bundled planning and tax‑preparation services — an arrangement that is relatively uncommon among peers. The firm also participates as a wrap fee program sponsor and regularly offers educational seminars, features that distinguish its service mix from many other similarly sized advisory firms.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers Educational seminars or workshops
Portfolio management on held away assets, estate planning, college savings and funding, retirement income planning, tax planning

Expertise

Retirement income strategy Income planning Charitable giving tax strategies Business exit / sale strategy General tax planning

Occupation focus

Founder/Business Owner Retired

Fee options

Percentage

$0 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.75% $2,000,001+: 0.50%

Subscriptions

Ongoing Comprehensive Financial Planning monthly fees from $200 to $5,000; Retirement Income Planning $500 per month.

Other

Fee-only: Ongoing Comprehensive Financial Planning fees from $200 to $5,000 per month; upfront fees from $200 to $2,000; Retirement Income Planning fees with upfront fee $1,000 to $10,000 plus $500/month; Financial Planning & Tax Preparation fees with upfront $1,000 plus annual $3,600 (individual) or $4,800 (couples); Speaking Engagement fees range from $0 to $2,000.

Main office location

Northbrook Financial

1340 Smith Ave Ste 200

Baltimore MD 21209, United States

Number of offices

1

Most active in

Florida · Maryland · Massachusetts · New Jersey · New York · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

Mike D

CFP®, ChFC®

Baltimore, MD

Northbrook Financial

Mike focuses his energy into helping clients navigate all of their financial needs. His experience includes a stint on the floor of the New York Stock Exchange, a career focused on investments at Brown Advisory and insurance at Securian Financial. During these experiences, he learned that a balanced approach and strategic financial planning is what can help clients achieve their goals. When not talking to clients or researching the next great opportunity for them, Mike & his wife enjoy quiet city living and relaxing whenever their new daughter allows. He loves playing soccer, lacrosse, golf, basketball… and really any sport. When he’s not meeting friends or family at the movies or the local watering hole, you can normally find him reading something very nerdy, like science fiction or financial science.

General retirement planning Retirement income strategy Wealth management Founder/Business Owner Retired Young Families Parents
user avatar

Elliot P

CFP®

Baltimore, MD

Northbrook Financial

Elliot Pepper is a CFP® professional with five years of experience, currently serving at Northbrook Financial Planning LLC since 2020. He previously worked at Brown Advisory Securities, LLC and Exelon Corporation. In addition to his financial advisory role, Mr. Pepper is a CPA and managing member of Northbrook Tax, LLC, and teaches financial literacy at Beth Tfiloh Dahan Community School. Northbrook Financial provides investment management and comprehensive financial planning to individual and high-net-worth clients, as well as advising employer plan sponsors. The firm integrates tax planning services through its CPA principals and offers a range of planning and educational resources, combining fundamental and technical analysis with modern portfolio theory.

Retirement income strategy Income planning Charitable giving tax strategies Business exit / sale strategy General tax planning Founder/Business Owner Retired
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