Brownson, Rehmus & Foxworth, Inc. (Chicago)

Name: Brownson, Rehmus & Foxworth, Inc.
Address: 200 S. Wacker Drive, Chicago, IL, 60606 5864
Telephone: 312-346-5850

Brownson, Rehmus & Foxworth, Inc. is a large advisory firm based in Chicago. It manages $10.89 billion of regulatory assets for 7,451 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, California, Colorado, and 18 other states.

Brownson, Rehmus & Foxworth provides financial planning services and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Brownson, Rehmus & Foxworth: assets under management

The assets under management (AUM) of Brownson, Rehmus & Foxworth, Inc. is $10.89 billion. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 36% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in pooled investment vehicles form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brownson, Rehmus & Foxworth, 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.

What kind of clients Brownson, Rehmus & Foxworth serves?

The firm provides services to charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Brownson, Rehmus & Foxworth is high net worth individuals with 387 clients and $10.03 billion of assets under management. Among the 10 most similar advisory firms, Brownson, Rehmus & Foxworth has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $10.89 billion for 495 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Brownson, Rehmus & Foxworth doesn't advise any private funds.

Careers at Brownson, Rehmus & Foxworth, Inc.

The company employs 52 people that are either part- or full-time employees. 94 percent of the employees work as investment advisers or researchers. 47 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Keith Matthew Cardoza has served as the Chief Investment Officer since 1 Mar 2009. Richard Alan Doppelt joined the executive team most recently as the Principal, President/Ceo, Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Burgess Thielbar	Principal, director	1 Jan 1998	Other	2520014
Mary Claire Allvine	Principal	1 Jan 2001	Other	2854261
Rebecca Ellen Deaton	Principal	1 Jan 2005	Other	3103102
Steven Robinson Rehmus	Principal, director	1 Jan 2005	Other	4643017
Robert John Patterson	Principal	1 Jan 2005	Other	2588522
Richard Alan Doppelt	Principal, secretary	1 Jan 2006	Other	4543337
Robert Bernard Loveman	Principal, president, director	1 Jan 2006	Other	1495877
Thomas Carl Myers	Principal	1 Jan 2006	Other	2811802
Thomas Carl Myers	Principal, treasurer	1 Jan 2007	Other	2811802
John Michael Lafferty	Principal, director	1 Jan 2007	Other	1039906
Katherine Tara Donaldson	Principal	1 Jan 2009	Other	4630334
Keith Matthew Cardoza	Chief investment officer	1 Mar 2009	Other	2180952
Susan Mary Shacklette	Principal, chief compliance officer	1 Jan 2012	Other	5474180
Susan Mary Shacklette	Principal, director	1 Jul 2012	Other	5474180
Susan Mary Shacklette	Principal, president, director	1 Jan 2016	Other	5474180
Laura Naujokas Stern	Chief compliance officer	1 Jan 2016	Other	4359984
Robert Bernard Loveman	Principal, treasurer	1 Mar 2016	Other	1495877
Laura Naujokas Stern	Principal	1 Aug 2016	Other	4359984
Janice Marie Mortensen	Chief compliance officer	1 Aug 2016	Other	6692248
Richard Alan Doppelt	Principal, president/ceo, director	1 Jul 2019	Other	4543337
Janice Marie Mortensen	Secretary	1 Jul 2019	Other	6692248
Claire Arden Gregory	Chief compliance officer	1 Jul 2019	Other	7152715

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Frederick Oscar Brownson	Owns 100% of class b non-voting stock	1 Oct 1981	75% - 100%	4379931

Based in Chicago

The principal office where Brownson, Rehmus & Foxworth, Inc. performs its advisory services is located at 200 S. Wacker Drive, Chicago, IL 60606 5864, which is also the mailing address of the firm. An additional office of the firm is in Menlo Park, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-346-5850 or by fax 312-346-2069. The normal business hours are 8:30 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at brfinc.com.