Brookstone Securities, Inc. (Lakeland)

Brookstone Securities, Inc. is an adviser based in Lakeland. It manages $77.96 million of regulatory assets for 565 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 36 other states.

Brookstone Securities provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and medicaid aid planning. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Brookstone Securities: assets under management

The assets under management (AUM) of Brookstone Securities, Inc. is $77.96 million. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $74.4 million in discretionary accounts and $3.56 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $139.59 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.38 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brookstone Securities, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Brookstone Securities, Inc.

Antony Lee Turbeville has been acting as President since 1 Jun 2005. Paul Reid Richardson joined the executive team most recently as the President/Ceo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Antony Lee Turbeville	President/ceo	1 Jun 2005	75% - 100%	1721014
Llc. Brookstone Capital Management	Parent company	1 Jun 2005	75% - 100%	20-1846637
David William Locy	Cfo, chief compliance officer, finop, srop	1 Jul 2005	Other	4682865
Mark Mather Mercier	Chief compliance officer	1 Jun 2008	Other	1884246
Denise Julius Zumbrun	Chief compliance officer	1 Dec 2008	Other	2893489
Kyong Kim	Chief compliance officer	1 Mar 2010	Other	2510032
Paul Reid Richardson	President/ceo	1 Jun 2011	Other	1006146

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Antony Lee Turbeville	Chairman of the board	1 Jul 2005	75% - 100%	1721014

Based in Lakeland

The principal office where Brookstone Securities, Inc. performs its advisory services is located at 2920 Drane Field Road, Lakeland, FL 33813, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 863-687-9670 or by fax 863-682-3490. The normal business hours are 8:00 am-5:00 pm on Monday - Friday.