# Brookstone Capital Management LLC

> Brookstone Capital Management LLC is an SEC-registered investment advisory firm in Wheaton, IL, registered since 2007, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 29, 2026.

- CRD: 141413
- Filed as: BROOKSTONE CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Wheaton, IL
- Filing period: October 2026
- Form ADV filing dated: September 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/141413
- AdvisorCensus page: https://advisorcensus.com/firm/brookstone-capital-management-llc-wheaton-il-141413

## Quick answers

**How is Brookstone Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Brookstone Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Brookstone Capital Management LLC located?**
Brookstone Capital Management LLC's principal office is in Wheaton, IL, according to its Form ADV; the October 2026 filing also lists 25 other offices (Schedule D, Section 1.F).

**Is Brookstone Capital Management LLC registered with the SEC or a state?**
Brookstone Capital Management LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 141413.

**How much does Brookstone Capital Management LLC manage?**
Brookstone Capital Management LLC reports $12,750,129,748 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary).

**How have Brookstone Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Brookstone Capital Management LLC: Regulatory assets under management: $3,548,000,000 in the October 2021 data and $12,750,129,748 in the October 2026 data, up 259%. Total employees: 350 in October 2021 and 405 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Brookstone Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (49,950); high net worth individuals (4,860); corporations or other businesses not listed above (35).

**Does Brookstone Capital Management LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), and 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/141413

**What changed in Brookstone Capital Management LLC's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $12,750,129,748
- Discretionary: $12,750,129,748
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 49,950 | $11,016,487,881 |
| High net worth individuals | 4,860 | $1,646,141,867 |
| Banking or thrift institutions | Fewer than 5 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | Not reported |
| Charitable organizations | Fewer than 5 | Not reported |
| State or municipal government entities (including government pension plans) | Fewer than 5 | Not reported |
| Other investment advisers | Fewer than 5 | Not reported |
| Insurance companies | Fewer than 5 | Not reported |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | Not reported |
| Corporations or other businesses not listed above | 35 | $87,500,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2007 (19 years)
- Employees: 405 total, 320 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/141413

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Atlanta, GA
- Bartonsville, PA
- Brentwood, TN
- Buffalo Grove, IL
- Concord, NH
- Durham, NC
- Fairfax, VA
- Flower Mound, TX
- Fort Wayne, IN
- Frankfort, IL
- Grand Rapids, MI
- Gray, TN
- Horsham, PA
- Indiana, PA
- Las Vegas, NV
- Murfreesboro, TN
- Northbrook, IL
- Palm Harbor, FL
- Pittsburgh, PA
- Shreveport, LA
- Sidney, OH
- Snellville, GA
- Southern Pines, NC
- Wheaton, IL
- Worthington, OH

### Websites listed on Form ADV (Item 1.I)
- brookstonecm.com
- Facebook @BROOKSTONECAPITALMANAGEMENT
- Instagram @brookstonecm
- LinkedIn @BROOKSTONE-CAPITAL-MANAGEMENT
- X @BROOKSTONECM

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,548,000,000 | 350 | August 27, 2021 |
| October 2022 | $8,400,000,000 | 360 | May 19, 2022 |
| October 2023 | $7,514,377,000 | 385 | March 21, 2023 |
| October 2024 | $8,842,567,363 | 395 | August 28, 2024 |
| October 2025 | $10,409,137,908 | 395 | July 30, 2025 |
| October 2026 | $12,750,129,748 | 405 | September 29, 2026 |

Regulatory assets under management: $3,548,000,000 in the October 2021 data and $12,750,129,748 in the October 2026 data, up 259%.
Total employees: 350 in October 2021 and 405 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 319 to 320.
- Regulatory assets under management went from $10,409,137,908 to $12,750,129,748 (+22%).
- Changed its office addresses in Brentwood, TN.
- Changed its office addresses in Buffalo Grove, IL.
- Changed its office addresses in Murfreesboro, TN.
- Changed its office addresses in Pittsburgh, PA.
- Changed its office addresses in Sidney, OH.
- Added an office in Fairfax, VA.
- Added an office in Flower Mound, TX.
- Added an office in Fort Wayne, IN.
- Added an office in Frankfort, IL.
- Added an office in Gray, TN.
- Added an office in Horsham, PA.
- Added an office in Indiana, PA.
- Added an office in Las Vegas, NV.
- Added an office in Northbrook, IL.
- Added an office in Palm Harbor, FL.
- Added an office in Shreveport, LA.
- Added an office in Southern Pines, NC.
- Added an office in Wheaton, IL.
- No longer lists an office in Castle Rock, CO.
- No longer lists an office in Deerfield, IL.
- No longer lists an office in Edwardsville, IL.
- No longer lists an office in Englewood, CO.
- No longer lists an office in Germantown, MD.
- No longer lists an office in Kokomo, IN.
- No longer lists an office in Lewisville, TX.
- No longer lists an office in Maitland, FL.
- No longer lists an office in Muskegon, MI.
- No longer lists an office in Palos Park, IL.
- No longer lists an office in Stevens Point, WI.
- No longer lists an office in Westlake, OH.
- No longer lists an office in Willow Grove, PA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Brookstone Capital Management LLC (CRD 141413): Form ADV filing data as of October 2026.