{"url":"https://nivawealth.com/firms/brown-mcleod-155548","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/155548","regulatoryAum":468223225,"crd":"155548","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7653655","suffix":null,"lastName":"HIPP","firstName":"EVAN","middleName":"MICHAEL"},{"crd":"5870294","suffix":"III","lastName":"HUTCHINSON","firstName":"HARVEY","middleName":"ATWOOD"},{"crd":"2424549","suffix":null,"lastName":"LANCASTER","firstName":"JOSHUA","middleName":"WYATT"},{"crd":"2752145","suffix":null,"lastName":"MCLEOD","firstName":"DANIEL","middleName":"SCOTT"},{"crd":"6034385","suffix":null,"lastName":"SMITH","firstName":"AMY","middleName":"TYLER"},{"crd":"4825499","suffix":null,"lastName":"WULTSCH","firstName":"MU-TIN","middleName":null}],"total":6,"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":"2021-03-16","regulatoryAum":231658229,"clients":215,"employees":6,"offices":1},{"filedOn":"2022-03-15","regulatoryAum":285323337,"clients":223,"employees":6,"offices":1},{"filedOn":"2023-03-29","regulatoryAum":251053411,"clients":225,"employees":6,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":300769749,"clients":230,"employees":7,"offices":1},{"filedOn":"2025-04-24","regulatoryAum":344026037,"clients":241,"employees":7,"offices":2},{"filedOn":"2026-03-12","regulatoryAum":468223225,"clients":288,"employees":8,"offices":2}],"secFileNumber":"801-79151","legalName":"Brown McLeod, Inc","displayName":"Brown McLeod","slug":"brown-mcleod-155548","website":"https://brownfinancialadvisory.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/4003588/admin/","founded":null,"organization":"Alabama corporation","fiscalYearEnd":"December","headquarters":{"street":"54 S. 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They include 154 high-net-worth individuals, 121 individual clients, and 7 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 12 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Brown McLeod offer?","answer":"Brown McLeod provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Brown McLeod use?","answer":"Brown McLeod’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $457M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Brown McLeod have?","answer":"Brown McLeod has 6 investment adviser representatives registered with state securities authorities, out of 8 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Brown McLeod invest in?","answer":"At the end of its last fiscal year, Brown McLeod’s separately managed accounts held 53% registered funds (mutual funds, ETFs, BDCs), 44% exchange-traded equities 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 Brown McLeod?","answer":"Brown McLeod’s direct owners are Daniel McLeod (75% or more) and Joshua Lancaster (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 12 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Brown McLeod get paid?","answer":"Brown McLeod is paid through a percentage of assets under management, hourly charges and fixed fees. 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Its website is brownfinancialadvisory.com.","source":"Form ADV Part 1A, Item 1.F, filed 12 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/brown-mcleod-155548/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-28","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1843853/000184385326000004/0001843853-26-000004-index.html","totalValue":239416197,"positionCount":49,"top10Share":0.9118063428265047,"top10":[{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR P500ETF","cusip":"78464A854","value":101235544,"shares":1151975,"shareType":"SH","priorValue":82664714,"priorShares":1080020},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SMALL CP ETF","cusip":"922908751","value":44810434,"shares":147831,"shareType":"SH","priorValue":37022830,"priorShares":141352},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"EMERGING 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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."}