M.k. Brown Wealth Advisory

M.K. Brown Wealth Advisory is a fee-based registered investment adviser founded in 1983 and based in Oakwood, OH. The firm offers a full range of planning and investment advisory services, with Elizabeth Brown Kussman as the sole owner. They provide the Ambassador Program, a wrap fee investment advisory account managed on a discretionary basis, offering services such as buying, selling, or trading various securities. The minimum investment to open an Ambassador account is $25,000, with annual asset-based fees ranging from 1.25% to 2.25%. Clients can grant discretionary authority to manage their accounts, allowing the firm to make investment decisions without prior approval. M.K. Brown Wealth Advisory primarily advises on equity securities, mutual fund shares, and ETFs, tailoring investment strategies based on individual client needs and risk tolerance. The firm does not accept performance-based fees or engage in side-by-side management. Clients receive regular account statements and performance reports, with ongoing account reviews conducted at least annually. The firm does not vote proxies on behalf of clients and does not have any disciplinary information to disclose. M.K. Brown Wealth Advisory does not have custody of client funds and securities, and clients can authorize third-party wire transfers through a Standing Letter of Authorization. The firm does not participate in class action lawsuits and provides recommendations on IRA rollovers, highlighting the potential benefits and considerations for clients.