{"url":"https://nivawealth.com/firms/northbrook-financial-planning-309060","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/309060","regulatoryAum":108760000,"crd":"309060","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4838470","suffix":"II","lastName":"DELANEY","firstName":"MICHAEL","middleName":"JOHN"},{"crd":"7249793","suffix":null,"lastName":"PEPPER","firstName":"ELLIOT","middleName":"JACOB"}],"total":2,"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"},"secFileNumber":"801-136522","legalName":"Northbrook Financial Planning LLC","displayName":"Northbrook Financial Planning","slug":"northbrook-financial-planning-309060","website":"https://northbrookfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth 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individuals","clients":24,"regulatoryAum":54380000},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":320000}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":2000000,"pct":0.75,"from":1000000},{"to":null,"pct":0.5,"from":2000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055163","versionId":1055163,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-08-17","documentName":"NORTHBROOK FINANCIAL ADV PART 2A","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":10000},{"role":"other","program":"Employee Benefit Plan Services","summary":"Fees on plan assets: 0.50% up to $3,000,000, 0.40% to $5,000,000, 0.30% to $10,000,000 and 0.20% above, with a $10,000 minimum annual fee.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055163","versionId":1055163,"submittedOn":"2026-08-17","documentName":"NORTHBROOK FINANCIAL ADV PART 2A"},{"role":"other","program":"Ongoing Comprehensive Financial Planning","summary":"Ongoing financial planning has an upfront fee of $2,000, then a monthly fee of $800 to $5,000, paid in arrears and negotiable in certain cases.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055163","versionId":1055163,"submittedOn":"2026-08-17","documentName":"NORTHBROOK FINANCIAL ADV PART 2A"},{"role":"other","program":"Retirement Income Planning","summary":"Retirement income planning has an upfront fee of $2,000, then a monthly fee paid in arrears, negotiable in certain cases.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055163","versionId":1055163,"submittedOn":"2026-08-17","documentName":"NORTHBROOK FINANCIAL ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:37:02.777852+00:00","documents":[{"name":"NORTHBROOK FINANCIAL ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055163","versionId":1055163,"submittedOn":"2026-08-17"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055164","versionId":1055164,"submittedOn":null}]},"custodians":[{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Venice, CA","smaAssets":21760000},{"name":"MTG, LLC","shortName":"MTG","location":"New York, NY","smaAssets":6000000},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":81000000}],"custodyNote":"Northbrook Financial Planning does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Michael Delaney","title":"Chief Compliance Officer, and Chief Executive Officer","crd":"4838470"},{"name":"Elliot Pepper","title":"Chief Financial Officer","crd":"7249793"}],"ownership":[{"label":"MDFP LLC","detail":"Owner in the 50% to 75% ownership band and a control person, since January 2025."},{"label":"Northbrook Holdings, LLC","detail":"Owner in the 50% to 75% ownership band and a control person, since January 2025."},{"label":"Michael Delaney","detail":"Indirect owner: a owner and chief compliance officer of MDFP LLC in the 75% or more band and a control person, since January 2025.","parent":"MDFP LLC"},{"label":"Elliot Pepper","detail":"Indirect owner: a owner of Northbrook Holdings, LLC in the 75% or more band and a control person, since January 2025.","parent":"Northbrook Holdings, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"1340 Smith Ave Ste 200","city":"Baltimore","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"410-941-9709","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","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)","Educational seminars/workshops","Other"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":50},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":45},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"17 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/309060/PDF/309060.pdf","brochureDate":"17 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055163","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Northbrook Financial Planning have?","answer":"Northbrook Financial Planning has 127 clients and manages $109 million for them, as of August 2026. They include 103 individual clients and 24 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 17 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Northbrook Financial Planning offer?","answer":"Northbrook Financial Planning provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Northbrook Financial Planning charge?","answer":"Northbrook Financial Planning charges 0.50%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $10,000 annual minimum.","source":"NORTHBROOK FINANCIAL ADV PART 2A, filed 17 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Northbrook Financial Planning use?","answer":"Northbrook Financial Planning’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $81M, Altruist Financial LLC (Venice, CA), with $21.8M and MTG, LLC (New York, NY), with $6M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Northbrook Financial Planning have?","answer":"Northbrook Financial Planning has 2 investment adviser representatives registered with state securities authorities, out of 8 employees, and 2 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 Northbrook Financial Planning invest in?","answer":"At the end of its last fiscal year, Northbrook Financial Planning’s separately managed accounts held 50% exchange-traded equities, 45% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 1% U.S. government and agency bonds.","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 Northbrook Financial Planning?","answer":"Northbrook Financial Planning is owned through holding companies by Michael Delaney and Elliot Pepper. Its direct owners are MDFP LLC (50% to 75%) and Northbrook Holdings, LLC (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 17 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Northbrook Financial Planning get paid?","answer":"Northbrook Financial Planning is paid through a percentage of assets under management 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 Northbrook Financial Planning?","answer":"Northbrook Financial Planning’s main office is at 1340 Smith Ave Ste 200, Baltimore, MD 21209. Its phone number is 410-941-9709. Its website is northbrookfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 17 August 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."}