DFX Intelligence

Data Factory

RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

BROWN FINANCIAL ADVISORY

BROWN MCLEOD, INC, CRD 155548

FAIRHOPE, AL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:bd30d49c-aadd-e940-e9a5-e49e91c8058a

Data as of Mar 12, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 12:18 AM UTC and rebuilt at most every 15 minutes.

Relationships: 9
Dated events: 3
On other graphs: 0
Observed: Jan 27, 2014 to Mar 12, 2026
32 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.96 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $468MItem 5.F on the latest filing (2026-03-12); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $464M
Private client RAUM: $448MderivedItem 5.D individuals plus high net worth individuals
Private client share: 96%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 6
RAUM per advisor: $78.0Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 8
Advisory employees: 6
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 859
Individual clients: 121
High net worth clients: 154
Custody, client assets: $219M
SEC number: 801-79151
CIK: 1843853
CRD: 155548
Filings on the tape: 32
First filed: Jan 27, 2014
Latest filed: Mar 12, 2026
Organised: Corporation, AL

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
DANIEL SCOTT MCLEOD	Certified Financial Planner\|Chartered Financial Consultant	FAIRHOPE, AL	15	30	1	no
JOSHUA WYATT LANCASTER	Chartered Financial Analyst	FAIRHOPE, AL	8	23	2	no
MU-TIN WULTSCH	Certified Financial Planner	FAIRHOPE, AL \| Frederick, MD	4	16	4	no
HARVEY ATWOOD HUTCHINSON	Certified Financial Planner	FAIRHOPE, AL	3	18	3	no
AMY TYLER SMITH	Certified Financial Planner	FAIRHOPE, AL	2	13	n/a	no
EVAN MICHAEL HIPP	Certified Financial Planner	FAIRHOPE, AL	1	12	2	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
MCLEOD, DANIEL, SCOTT	CEO & PRESIDENT	E	yes	11/2010	Jan 27, 2014	Oct 25, 2024
LANCASTER, JOSHUA, WYATT	VICE-PRESIDENT & CHIEF COMPLIANCE OFFICER & CHIEF INVESTMENT OFFICER	B	no	03/2019	Mar 21, 2019	Oct 25, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 12, 2026	$468M	$464M	8	6	1	n/a	n/a
2024	Apr 24, 2025	$344M	$341M	7	6	1	n/a	n/a
2023	Mar 27, 2024	$301M	$298M	7	5	0	n/a	n/a
2022	Mar 29, 2023	$251M	$248M	6	4	0	n/a	n/a
2021	Mar 15, 2022	$285M	$282M	6	4	0	n/a	n/a
2020	Mar 16, 2021	$232M	$229M	6	3	0	n/a	n/a
2019	Mar 30, 2020	$197M	$194M	6	3	0	n/a	n/a
2018	Mar 21, 2019	$163M	$161M	5	3	0	n/a	n/a
2017	Jan 29, 2018	$166M	$163M	6	2	0	n/a	n/a
2016	Mar 1, 2017	$141M	$138M	5	3	n/a	n/a	n/a
2015	Feb 24, 2016	$119M	$117M	5	3	n/a	n/a	n/a
2014	Mar 5, 2015	$121M	$120M	5	3	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	1	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$468M	$344M	36.1%	$251M	23.1%	8	7	1	1

Relationships

Registered with (7)

← EVAN MICHAEL HIPPAdvisorregistration: current employment
Dec 18, 2024 to presentfactForm ADV
← AMY TYLER SMITHAdvisorregistration: current employment
Nov 16, 2023 to presentfactForm ADV
← HARVEY ATWOOD HUTCHINSONAdvisorregistration: current employment
Oct 31, 2022 to presentfactForm ADV
← MU-TIN WULTSCHAdvisorregistration: current employment
Feb 4, 2022 to presentfactForm ADV
← JOSHUA WYATT LANCASTERAdvisorregistration: current employment
Sep 12, 2018 to presentfactForm ADV
← DANIEL SCOTT MCLEODAdvisorregistration: current employment
Jan 25, 2011 to presentfactForm ADV
← CHRISTOPHER STEVEN ALMANAdvisorregistration: previous registration
Feb 22, 2014 to Oct 19, 2022factForm ADV

Owns (1)

← LANCASTER, JOSHUA, WYATTOwnerVICE-PRESIDENT & CHIEF COMPLIANCE OFFICER & CHIEF INVESTMENT OFFICER, ownership code B, individual
Mar 21, 2019 to Oct 25, 2024factForm ADV

Controls (1)

← MCLEOD, DANIEL, SCOTTOwnerCEO & PRESIDENT, ownership code E, individual
Jan 27, 2014 to Oct 25, 2024factForm ADV

Dated events

Occurred
Mar 12, 2026
Regulatory AUM changed
Brown Financial Advisory reported RAUM $468.2M, up 36% from $344.0M (2025-04-24 to 2026-03-12)
Form ADVobserved 3 days ago
$124M
Occurred
Oct 19, 2022
Advisor changed firm
Christopher Steven Alman left Brown Financial Advisory for Equip Financial Partners (registered 2022-11-15)
Form ADVobserved 3 days ago
Occurred
Jan 27, 2014
First Form ADV filing
Brown Financial Advisory filed its initial SEC registration (Form ADV)
Form ADVobserved 3 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:bd30d49c-aadd-e940-e9a5-e49e91c8058a
First observed: Jan 27, 2014
Last observed: Mar 12, 2026 6 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

BROWN FINANCIAL ADVISORY

BROWN MCLEOD, INC, CRD 155548

FAIRHOPE, AL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:bd30d49c-aadd-e940-e9a5-e49e91c8058a

Data as of Mar 12, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 12:18 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

DANIEL SCOTT MCLEOD

Certified Financial Planner|Chartered Financial Consultant

FAIRHOPE, AL

JOSHUA WYATT LANCASTER

Chartered Financial Analyst

FAIRHOPE, AL

MU-TIN WULTSCH

Certified Financial Planner

FAIRHOPE, AL | Frederick, MD

HARVEY ATWOOD HUTCHINSON

Certified Financial Planner

FAIRHOPE, AL

AMY TYLER SMITH

Certified Financial Planner

FAIRHOPE, AL

n/a

EVAN MICHAEL HIPP

Certified Financial Planner

FAIRHOPE, AL

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MCLEOD, DANIEL, SCOTT

CEO & PRESIDENT

yes

11/2010

Jan 27, 2014

Oct 25, 2024

LANCASTER, JOSHUA, WYATT

VICE-PRESIDENT & CHIEF COMPLIANCE OFFICER & CHIEF INVESTMENT OFFICER

03/2019

Mar 21, 2019

Oct 25, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 12, 2026

$468M

$464M

n/a

2024

Apr 24, 2025

$344M

$341M

n/a

2023

Mar 27, 2024

$301M

$298M

n/a

2022

Mar 29, 2023

$251M

$248M

n/a

2021

Mar 15, 2022

$285M

$282M

n/a

2020

Mar 16, 2021

$232M

$229M

n/a

2019

Mar 30, 2020

$197M

$194M

n/a

2018

Mar 21, 2019

$163M

$161M

n/a

2017

Jan 29, 2018

$166M

$163M

n/a

2016

Mar 1, 2017

$141M

$138M

n/a

2015

Feb 24, 2016

$119M

$117M

n/a

2014

Mar 5, 2015

$121M

$120M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$468M

$344M

36.1%

$251M

23.1%