SEC-registered independent wealth management RIA
Brookstone Wealth Advisors, LLC
As of its Form ADV filed September 29, 2026, Brookstone Wealth Advisors, LLC, an SEC-registered independent wealth management RIA in Wheaton, Illinois, reported no regulatory assets under management.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 137658
- SEC file number
- 801-67628
- Registered since
- March 16, 2007
- Latest Form ADV filing
- September 29, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 172
Key figures
- Regulatory assets under management
- $0
- Discretionary
- $0
- Non-discretionary
- $0
- Accounts
- 0 (0 discretionary)
- Clients
- 0, approximate as reported
- Employees
- 247
- Advisory staff
- 247 performing investment advisory functions
- Average account
- Not reported
- Asset growth, 1 year
- Not reported
- Asset growth, 3-year annual rate
- Not reported
- Asset growth, 5-year annual rate
- -100.0% (from $2.2 billion five years earlier)
- Client growth, 1 year
- Not reported
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In Illinois | Value |
|---|---|---|---|
| Fastest-growing independent RIAs over five years | #4,747 | #185 | -100.0%from $2.2 billion |
| Independent RIAs with the most advisory staff | #21 | #3 | 247 |
| Independent RIAs with the most CFP professionals | #163 | #11 | 17 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $98.1 million |
| October 3, 2011 | $120.0 million |
| October 1, 2012 | $122.5 million |
| October 1, 2013 | $104.3 million |
| October 1, 2014 | $271.2 million |
| October 1, 2015 | $633.2 million |
| October 3, 2016 | $664.9 million |
| October 2, 2017 | $1.4 billion |
| October 1, 2018 | $1.9 billion |
| October 1, 2019 | $2.0 billion |
| October 1, 2020 | $2.0 billion |
| October 4, 2021 | $2.2 billion |
| October 3, 2022 | $32.3 million |
| October 5, 2023 | $0 |
| October 1, 2024 | $0 |
| September 2, 2025 | $0 |
| October 2, 2026 | $0 |
Clients and services
Client mix
No client types reported.
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Selection of other advisers
- Educational seminars or workshops
Financial planning clients (Item 5.H): 101-250.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Other investment adviser
- Lawyer or law firm
- Insurance company or agency
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 241
- Also registered through a broker-dealer
- 1
- Employees who are IARs (Form ADV 5.B(3))
- 247
Designations held by the firm's IARs: CFP 17, ChFC 11, CFA 2.
Between 48 and 224 of the firm's 241 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 5 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Illinois
| Firm | City | RAUM |
|---|---|---|
| Madison LaSalle Advisers LLC | Chicago | $0 |
| CMK Partners, LLC | Chicago | $0 |
| Museum Park Capital | Chicago | $0 |
| Toft Wealth, LLC | Normal | $0 |
| Lakeshore Private Office LLC | Chicago | $0 |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Brookstone Wealth Advisors, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: retirementwealthseminar.com
- Independent RIAs in Illinois
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.