Brookstone Securities, Inc. (Lakeland)


Brookstone Securities, Inc. is an adviser based in Lakeland. It manages $77.96 million of regulatory assets for 565 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 36 other states.

Brookstone Securities provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and medicaid aid planning. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Brookstone Securities: assets under management

The assets under management (AUM) of Brookstone Securities, Inc. is $77.96 million. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $74.4 million in discretionary accounts and $3.56 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $139.59 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.38 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brookstone Securities, 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.

Careers at Brookstone Securities, Inc.

Antony Lee Turbeville has been acting as President since 1 Jun 2005. Paul Reid Richardson joined the executive team most recently as the President/Ceo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Antony Lee Turbeville President/ceo 1 Jun 2005 75% - 100% 1721014
Llc. Brookstone Capital Management Parent company 1 Jun 2005 75% - 100% 20-1846637
David William Locy Cfo, chief compliance officer, finop, srop 1 Jul 2005 Other 4682865
Mark Mather Mercier Chief compliance officer 1 Jun 2008 Other 1884246
Denise Julius Zumbrun Chief compliance officer 1 Dec 2008 Other 2893489
Kyong Kim Chief compliance officer 1 Mar 2010 Other 2510032
Paul Reid Richardson President/ceo 1 Jun 2011 Other 1006146

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Antony Lee Turbeville Chairman of the board 1 Jul 2005 75% - 100% 1721014

Based in Lakeland

The principal office where Brookstone Securities, Inc. performs its advisory services is located at 2920 Drane Field Road, Lakeland, FL 33813, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 863-687-9670 or by fax 863-682-3490. The normal business hours are 8:00 am-5:00 pm on Monday - Friday.