# Brophy Wealth Management, LLC

> Brophy Wealth Management, LLC is an SEC-registered investment advisory firm in Bedford, NH, registered since 2013, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 20, 2026.

- CRD: 169894
- Filed as: BROPHY WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bedford, NH
- Filing period: October 2026
- Form ADV filing dated: May 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/169894
- AdvisorCensus page: https://advisorcensus.com/firm/brophy-wealth-management-llc-bedford-nh-169894

## Quick answers

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

**How much does Brophy Wealth Management, LLC charge?**
Its Form ADV Part 2A brochure dated May 20, 2026 states: Up to $500,000: 1.12% a year; $500,000 to $1,000,000: 0.92% a year; $1,000,000 to $2,000,000: 0.52% a year; Above $2,000,000: 0.32% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Brophy Wealth Management, LLC located?**
Brophy Wealth Management, LLC's principal office is in Bedford, NH, according to its Form ADV.

**Is Brophy Wealth Management, LLC registered with the SEC or a state?**
Brophy Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 169894.

**How much does Brophy Wealth Management, LLC manage?**
Brophy Wealth Management, LLC reports $532,526,394 in regulatory assets under management in its Form ADV filing dated May 20, 2026 (100% discretionary).

**How have Brophy Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Brophy Wealth Management, LLC: Regulatory assets under management: $211,737,931 in the October 2021 data and $532,526,394 in the October 2026 data, up 152%. Total employees: 11 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Brophy Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (243); high net worth individuals (148).

**Which custodians does Brophy Wealth Management, LLC use?**
Brophy Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Brophy Wealth Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/169894

**Does Brophy Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated May 20, 2026 says: "BWM does not impose a minimum portfolio size or minimum annual fee."

**What changed in Brophy Wealth Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 2 to 4.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated May 20, 2026)

- Up to $500,000: 1.12% a year
- $500,000 to $1,000,000: 0.92% a year
- $1,000,000 to $2,000,000: 0.52% a year
- Above $2,000,000: 0.32% a year

> BWM provides investment management services for an annual fee based upon a percentage of the market value of the assets managed by BWM. Below is a schedule of the fees generally charged by BWM.

> On the first $500,000 1.12 % On the next $500,000 0.92% On the next $1,000,000 0.52% On amounts thereafter 0.32%

- Account minimum: None

> BWM does not impose a minimum portfolio size or minimum annual fee.

- Minimum annual fee: None

> BWM does not impose a minimum portfolio size or minimum annual fee.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $532,526,394
- Discretionary: $532,526,394
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 243 | $91,824,477 |
| High net worth individuals | 148 | $440,246,872 |
| Charitable organizations | Fewer than 5 | $455,045 |

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

### Firm details
- Registered since: 2013 (12 years)
- Employees: 11 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CT, FL, LA, MA, ME, NC, NH, NY, OH, PA, TX, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [brophywealth.com](https://brophywealth.com)
- Facebook @brophywealthmanagementllc
- LinkedIn @BROPHY-WEALTH-MANAGEMENT-LLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $211,737,931 | 11 | March 29, 2021 |
| October 2022 | $418,005,280 | 11 | March 31, 2022 |
| October 2023 | $364,401,801 | 8 | March 31, 2023 |
| October 2024 | $407,347,805 | 8 | March 27, 2024 |
| October 2025 | $512,561,408 | 8 | March 27, 2025 |
| October 2026 | $532,526,394 | 11 | May 20, 2026 |

Regulatory assets under management: $211,737,931 in the October 2021 data and $532,526,394 in the October 2026 data, up 152%.
Total employees: 11 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 4.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Brophy Wealth Management, LLC (CRD 169894): Form ADV filing data as of October 2026.