RSS   Newsletter   Contact   Advertise with us

Brookstone Capital Management and FormulaFolios combine to create $6.5 billion+ firm

Christian Fernsby ▼ | July 9, 2020
Two of the industry's largest and fastest growing Registered Investment Adviser (RIA) firms, Brookstone Capital Management and FormulaFolios, are combining to create a $6.5 billion+ RIA.
Brookstone Capital Management
RIA   Brookstone Capital Management
This merger positions the firm as a leading provider of advisory services to its targeted niche of retirement advisors.

Topics: Brookstone Capital Management FormulaFolios

The combined company will retain the Brookstone name and will reflect the best that each firm has to offer, including exclusive and expansive state-of-the-art technologies, portfolio design and advisor support, a vast suite of investment options, marketing programs and advisor training solutions.

The FormulaFolios brand will be retained for continued oversight of the asset management division.

Brookstone will maintain both companies' headquarters in Chicago and Grand Rapids, Mich.

The more than 100 employees will work between these two offices and a satellite office in California.

The five key executives between both firms will be retained, serving in the following capacities: Dean Zayed as CEO; Darryl Ronconi as President and COO; Jason Wenk as Executive Director; Jason Crump as VP of Relationship Management; and Joel VanWoerkom as VP of Operations.


 

MORE INSIDE POST