Brownson, Rehmus & Foxworth, Inc. (Chicago)


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. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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.