Brown Financial Planning LLC

Brown Financial Planning is a small, fee-only advisory firm serving primarily individual clients — including high-net-worth and non‑HNW households — as well as occasional small business and nonprofit accounts. The firm offers portfolio management and comprehensive financial planning services, delivering written plans, annual reviews, and separate consultations alongside managed accounts totaling roughly $22.7 million across about 117 clients.

The firm’s portfolio management is conducted on a non‑discretionary basis: Brown prepares ongoing recommendations, monitors accounts daily, and requires client approval before executing transactions rather than placing trades on clients’ behalf. Investment analysis combines fundamental and technical methods and may include equities, mutual funds, ETFs, bonds, options and, in rare instances, private placements; clients can impose investment restrictions and the firm does not aggregate client orders.

Notable distinctions include the firm’s emphasis on non‑discretionary relationships (an uncommon arrangement among peers), its routine recommendation of a single custody/trading platform whose proprietary research the firm uses, and its use of third‑party referral payments (generally a one‑time 15% share of initial fees). Additional outside‑business activities disclosed in the brochure — such as the principal’s contract work for another financial firm and ownership of rental properties — are identified as potential conflicts that the firm addresses through disclosure and due diligence.