{"url":"https://nivawealth.com/firms/brophy-wealth-management-169894","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/169894","regulatoryAum":532526394,"crd":"169894","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5731000","suffix":null,"lastName":"BROPHY","firstName":"JAMES","middleName":"STEPHEN"},{"crd":"1490789","suffix":null,"lastName":"BROPHY","firstName":"STEPHEN","middleName":"ALBERT"},{"crd":"6547807","suffix":null,"lastName":"Guarini","firstName":"Michael","middleName":"J"},{"crd":"6453156","suffix":null,"lastName":"Trotochaud","firstName":"Luke","middleName":"James"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-29","regulatoryAum":211737931,"clients":308,"employees":11,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":418005280,"clients":408,"employees":11,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":364401801,"clients":628,"employees":8,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":407347805,"clients":418,"employees":8,"offices":1},{"filedOn":"2025-03-27","regulatoryAum":512561408,"clients":404,"employees":8,"offices":1},{"filedOn":"2026-05-20","regulatoryAum":532526394,"clients":391,"employees":11,"offices":1}],"secFileNumber":"801-78964","legalName":"Brophy 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services.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031619","versionId":1031619,"submittedOn":"2026-03-30","documentName":"DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T07:08:19.176856+00:00","documents":[{"name":"DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031619","versionId":1031619,"submittedOn":"2026-03-30"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045791","versionId":1045791,"submittedOn":null}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":529657303}],"custodyNote":"Brophy Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Stephen Brophy","title":"Managing Partner, CCO","crd":"1490789"},{"name":"James Brophy","title":"Partner, CIO","crd":"5731000"}],"ownership":[{"label":"Stephen Brophy","detail":"Managing partner, cco in the 75% or more ownership band and a control person, since September 1994."},{"label":"James Brophy","detail":"Partner, cio in the 25% to 50% ownership band and a control person, since October 2018."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New Hampshire","offices":1,"addresses":[{"street":"40 South River Road, Bedford Place Unit 15","city":"Bedford","headquarters":true}]}],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"603-668-2303","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":51},{"label":"U.S. government/agency bonds","percent":3},{"label":"Investment grade corporate bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":40},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"20 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/169894/PDF/169894.pdf","brochureDate":"30 March 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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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Brophy Wealth Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Brophy Wealth Management charge?","answer":"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.","source":"DISCLOSURE BROCHURE, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Brophy Wealth Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Brophy Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Brophy Wealth Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Brophy Wealth Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Brophy Wealth Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Brophy Wealth Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 20 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}