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Brown Capital Management

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Brown Capital Management, LLC

Brown Capital Management, LLC

Brown Capital Management, LCC (BCM) provides investment supervisory and financial planning services to a wide range of clients. The Arkansas-based advisor firm currently oversees more than $43 million in assets under management (AUM).  

Brown Capital Management Background

BCM first opened its doors to the Little Rock, Arkansas community in 2013. Johnny R. Brown II serves as the principal owner. Its advisors have more than 40 years’ worth of combined experience in the financial services industry. They specialize in analytical market research, investments and portfolio management. 

The advisory team features two certified financial planners (CFPs), including Brown.  

What Types of Clients Does Brown Capital Management Accept?

BCM offers its investment advisory services to the following types of clients: 

Brown Capital Management Minimum Account Size

BCM generally requires a minimum investment of $200,000 in order to establish a relationship. The advisor may waive this requirement based on the needs of the client. 

Services Offered by Brown Capital Management

BCM can manage portfolios on behalf of its clients. It customizes these portfolios, taking into account several individual factors such as the client’s investment goals, risk tolerance, tax situation and more. 

In addition, the firm can offer stand-alone financial planning services specific to the client’s needs. Advisors at BCM are equipped to offer advice on such topics as: 

  • Investment planning
  • Life insurance
  • Tax management
  • Retirement planning
  • College planning through vehicles like 529 plans
  • Debt/credit planning

Brown Capital Management Investment Philosophy

BCM usually limits its advice to the following types of securities: 

However, the firm may consider other types of investments if it considers these suitable based on the client’s risk profile and investment needs. 

When evaluating these investments, the firm employs several analytical strategies. Among them is fundamental analysis. This method involves determining the performance of a company's stock by looking at key factors such as its financial health, management experience and the quality of what it offers as opposed to that of its competitors. The firm also conducts charting analysis, which entails searching for patterns that may help it find favorable conditions for buying or selling a security. 

Fees Under Brown Capital Management

For its investment advisory services, the firm charges fees based on a percentage of your AUM in accordance with this current fee schedule: 

Account Size Asset-Based Fee
First $1,000,000 1.50%
Second $1,000,000  1.00%
Above $2,000,000  0.75%

BCM charges these fees quarterly in advance. For financial planning services, the firm charges a fee of $200 per hour. Hourly and asset-based fees may be negotiable.

Below, you can see how the firm's fees hold up to median rates at the national level. 

*Fee estimates only consider the maximum base fees for the services each firm provides. You may also pay manager fees and other fees, which can vary in amount. **All figures are based on median fee levels according to Bob Veres' 2017 Planning Profession Fee Survey. The above estimates solely take into account AUM-only fees. Total costs will likely be higher due to additional expenses.
Estimated Fee Comparison*
Your Assets Brown Capital Management Fees National Median Advisory Fees**
$500K N/A $5,000
$1MM $15,000 $8,500 - $10,000
$5MM $37,500 $25,000 - $32,500
$10MM $75,000 $50,000

What to Watch Out For

While investment management services are on a fee basis, BCM advisors who are insurance agents may receive commissions on the sale of insurance products. These commissions vary and will be disclosed when you open an account.

Brown Capital Management Disclosures

At the time of this writing, BCM had no disciplinary or legal events in the past 10 years to report in its SEC filings.

Opening an Account With Brown Capital Management

To contact BCM, visit its website, https://brown-cm.com/, or call the firm at (501) 503-0001.

Where Is Brown Capital Management Located?

BCM is located at: 

10816 Executive Center Dr., Suite 103

Little Rock, Arkansas 72211

All information was accurate as of the writing of this article.

Tips for Finding the Right Financial Advisor

  • Compare advisors. Use our SmartAsset financial advisor tool to find up to three in your area. Points to consider: fee structure, advisor credentials, investing options and location. SmartAsset’s matching tool also provides access to our recommendations’ profiles to make comparing easy.
  • Meet prospective advisors in person or talk to them on the phone. Conversations don’t get much more personal than the ones you’ll be having with your advisor. So you want to make sure you feel comfortable talking to yours. Keep looking if you feel a prospective advisor cuts you off or doesn’t seem to get you.

How Many Years $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology To determine how long a $1 million nest egg would cover retirement costs in cities across America, we analyzed data on average expenditures for seniors, cost of living and investment returns.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. This reflects the typical return on a conservative investment portfolio. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research