Brophy Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Brophy Wealth Management reports 391 clients. They include 243 individual clients and 148 high-net-worth individuals. Of its assets, 100.0% ($533M across 1,205 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $533M. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 62% | 17% |
| High-net-worth individuals | 38% | 83% |
| Charitable organizations | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 243 | $91.8M | 17.2% | $378K |
| High-net-worth individuals | 148 | $440M | 82.7% | $2.97M |
| Charitable organizations | Fewer than 5 | $455K | 0.1% | — |
| Total | 391 | $533M | 100% | — |
- Clients
- 243
- Regulatory AUM
- $91.8M
- AUM share
- 17.2%
- Avg. per client
- $378K
- Clients
- 148
- Regulatory AUM
- $440M
- AUM share
- 82.7%
- Avg. per client
- $2.97M
- Clients
- Fewer than 5
- Regulatory AUM
- $455K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 391
- Regulatory AUM
- $533M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Brophy Wealth Management charges 0.32%–1.12% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.12% |
| $500K–$1M | 0.92% |
| $1M–$2M | 0.52% |
| $2M and above | 0.32% |
Fee details and sources
Other fees
- Financial Consulting and Wealth Plans
- Hourly financial consulting, financial analysis and wealth plan fees are negotiable and generally range from $110 for administrative services to $500 for senior advisor services.
Stephen Brophy owns 75% or more of Brophy Wealth Management. It has 11 employees, 4 of them in advisory roles.
Staff
- 11 employees
- 4 in advisory functions
- 4 state-registered reps
- 7 broker-dealer reps
- 6 insurance agents
- Owns 75% or more of Brophy Wealth Management, LLC
Stephen Brophy
Control person · since September 1994
- Owns 25% to 50% of Brophy Wealth Management, LLC
James Brophy
Control person · since October 2018
Brophy Wealth Management’s regulatory assets grew 2.5× from $212M (March 2021) to $533M (May 2026); clients rose from 308 to 391 and employees were 11 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| May 2026May 2026 | $533M | 391 | 11 | 1 |
| Mar 2025March 2025 | $513M | 404 | 8 | 1 |
| Mar 2024March 2024 | $407M | 418 | 8 | 1 |
| Mar 2023March 2023 | $364M | 628 | 8 | 1 |
| Mar 2022March 2022 | $418M | 408 | 11 | 1 |
| Mar 2021March 2021 | $212M | 308 | 11 | 1 |
Besides its headquarters, Brophy Wealth Management has 0 offices, with 1 listed address in 1 state.
New Hampshire · 1 listed address
- 40 South River Road, Bedford Place Unit 15, BedfordHQ
Contact and registration details
- Legal name
- Brophy Wealth Management, LLC
- Headquarters
- 40 South River Road, Bedford Place Unit 15, Bedford, NH 03110
- Website
- brophywealth.com
- Phone
- 603-668-2303
- @brophy-wealth-management-llc
- SEC file
- 801-78964
- Founded
- 1995
- Structure
- New Hampshire LLC
- Fiscal year end
- December
Brophy Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($530M). Brophy Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $530M100%
At year end, Brophy Wealth Management’s separately managed accounts were mostly in stocks (51%) and funds (40%).
What the accounts hold
- Stocks51%
- Funds40%
- Bonds6%
- U.S. government and agency bonds3%
- Investment grade corporate bonds3%
- Cash3%
How many clients does Brophy Wealth Management have?
Brophy Wealth Management has 391 clients and manages $533 million for them, as of May 2026. They include 243 individual clients and 148 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 May 2026
What services does Brophy Wealth Management offer?
Brophy Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Brophy Wealth Management charge?
Brophy Wealth Management charges 0.32%–1.12% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
Which custodians does Brophy Wealth Management use?
Brophy Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $530M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 May 2026
How many financial advisors does Brophy Wealth Management have?
Brophy Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 11 employees, and 4 perform investment advisory functions. 7 employees are registered representatives of a broker-dealer and 6 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Brophy Wealth Management invest in?
At the end of its last fiscal year, Brophy Wealth Management’s separately managed accounts held 51% exchange-traded equities, 40% registered funds (mutual funds, ETFs, BDCs), 3% U.S. government and agency bonds, 3% investment grade corporate bonds and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Brophy Wealth Management?
Brophy Wealth Management’s direct owners are Stephen Brophy (75% or more) and James Brophy (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 20 May 2026
How does Brophy Wealth Management get paid?
Brophy Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Brophy Wealth Management?
Brophy Wealth Management’s main office is at 40 South River Road, Bedford Place Unit 15, Bedford, NH 03110. Its phone number is 603-668-2303. Its website is brophywealth.com.