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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

BROOKSTONE ASSET MANAGEMENT, LLC

CRD 153467

WHEATON, IL

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:c1ff76a6-7dbe-a243-8eea-e9008831ff1a

Data as of Feb 4, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 11:49 AM UTC and rebuilt at most every 15 minutes.

Relationships: 68
Dated events: 15
On other graphs: 0
Observed: Mar 29, 2012 to Feb 4, 2026
65 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: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $598MItem 5.F on the latest filing (2026-02-04); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $598M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 5
Advisory employees: 4
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 8
SEC number: 801-72780
CIK: 1626982
CRD: 153467
Filings on the tape: 65
First filed: Mar 29, 2012
Latest filed: Feb 4, 2026
Organised: Limited Liability Company, IL
Website: formulafoliofunds.com

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
AL BCM, LLC	Member	E	yes	07/2019	Oct 27, 2021	Mar 5, 2024
BROOKSTONE CAPITAL MANAGEMENT LLC	Member	E	yes	07/2020	Aug 10, 2020	Mar 5, 2024
DIORIO, MARK, WILLIAM	CHIEF INVESTMENT OFFICER	Na	yes	09/2021	Nov 2, 2023	Mar 5, 2024
LOVETT, MATTHEW, LEE	CHIEF COMPLIANCE OFFICER	Na	yes	06/2021	Jun 30, 2021	Mar 5, 2024
RONCONI, DARRYL, DESMOND	PRESIDENT AND CHIEF OPERATING OFFICER	Na	yes	07/2020	Aug 10, 2020	Mar 5, 2024
ZAYED RIA, LLC	Member	C	yes	07/2019	Aug 10, 2020	Mar 5, 2024
ZAYED, NADIM, "DEAN"	CHIEF EXECUTIVE OFFICER	Na	yes	07/2020	Aug 10, 2020	Mar 5, 2024
CRUMP, JASON, MICHAEL	VP, RELATIONSHIP MANAGER	Na	no	07/2020	Mar 31, 2014	Mar 5, 2024
VANWOERKOM, JOEL, GERALD	VP OF OPERATIONS	Na	no	07/2020	Mar 31, 2014	Mar 5, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
BROOKSTONE CAPITAL MANAGEMENT LLC	n/a	Independent wealth	$13B	Y	yes	n/a
BROOKSTONE WEALTH ADVISORS, LLC	n/a	No RAUM reported	$0	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
GRAND RAPIDS	Mi	United States	2	no

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	Feb 4, 2026	$598M	$598M	5	4	1	n/a	n/a
2024	Jan 31, 2025	$508M	$508M	5	4	1	n/a	n/a
2023	Mar 5, 2024	$385M	$385M	6	5	1	n/a	n/a
2022	Feb 23, 2023	$220M	$220M	6	5	1	n/a	n/a
2021	Mar 30, 2022	$484M	$484M	6	5	1	n/a	n/a
2020	Mar 31, 2021	$3.5B	$2.8B	30	30	1	n/a	n/a
2019	Mar 31, 2020	$3.1B	$2.8B	86	15	1	n/a	n/a
2018	Mar 29, 2019	$3.2B	$3.0B	114	17	2	n/a	n/a
2017	Mar 30, 2018	$2.7B	$2.5B	69	13	2	n/a	n/a
2016	Mar 31, 2017	$1.4B	$1.4B	42	13	n/a	n/a	n/a
2015	Feb 11, 2016	$935M	$876M	30	10	n/a	n/a	n/a
2014	Mar 2, 2015	$542M	$524M	29	10	n/a	n/a	n/a
2013	Mar 31, 2014	$56.6M	$56.6M	5	4	n/a	n/a	n/a
2012	Mar 12, 2013	$71.0M	$71.0M	4	2	n/a	n/a	n/a
2011	Mar 29, 2012	$103M	$103M	n/a	n/a	n/a	n/a	n/a

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	$598M	$508M	17.8%	$220M	39.6%	5	5	1	1

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
BROOKSTONE WEALTH ADVISORS, LLC	2	Dec 31, 2021	Jul 21, 2021	JENISON, MI	Channel change	RIA to RIA	7.7%
BROOKSTONE WEALTH ADVISORS, LLC	6	Dec 31, 2021	Feb 17, 2020	RALEIGH, NC	Channel change	RIA to RIA	23.1%
BROOKSTONE CAPITAL MANAGEMENT LLC	2	Dec 31, 2021	Feb 17, 2022	CHARLOTTE, NC	Team lift out	RIA to RIA	7.7%
ALLOY INVESTMENT MANAGEMENT	2	Dec 31, 2021	Apr 28, 2020	CHARLOTTE, NC, , NC	Team lift out	RIA to state RIA	7.7%
WEALTHSPAN INVESTMENT MANAGEMENT, LLC	2	Dec 31, 2021	Aug 13, 2024	RALEIGH, NC	Team lift out	RIA to RIA	7.7%
ASPIRE WEALTH	2	Oct 6, 2020	Jan 1, 2025	WHEATON, IL	Team lift out	RIA to state RIA	6.7%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
BROOKSTONE WEALTH ADVISORS, LLC	3	Jun 26, 2020	Apr 10, 2019	CHARLOTTE, NC	Channel change	RIA to RIA	1.6%

Relationships

Affiliated with (5)

← BROOKSTONE CAPITAL MANAGEMENT LLCRegistered adviserother investment adviser, control, common control
factForm ADV
← BROOKSTONE WEALTH ADVISORS, LLCRegistered adviserother investment adviser, control, common control
factForm ADV
← BOOSTER ASSET MANAGEMENT, LLCRegistered adviserother investment adviser, control, common control
factForm ADV
→ BROOKSTONE WEALTH ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV
→ BROOKSTONE CAPITAL MANAGEMENT LLCRegistered adviserother investment adviser, control, common control
factForm ADV

Registered with (45)

← JASON MICHAEL CRUMPAdvisorregistration: previous registration
Feb 8, 2016 to Jul 7, 2026factForm ADV
← MELISSA ARD MENDENALLAdvisorregistration: previous registration
Mar 5, 2021 to Dec 31, 2021factForm ADV
← WILLIS DON HESLEPAdvisorregistration: previous registration
Feb 7, 2020 to Dec 31, 2021factForm ADV
← CHESSADA TERRELL LANEYAdvisorregistration: previous registration
Apr 5, 2018 to Dec 31, 2021factForm ADV
← JOHN BURKE BALCERZAKAdvisorregistration: previous registration
Apr 5, 2018 to Dec 31, 2021factForm ADV
← DONALD RAYMOND DELARIA, JR.Advisorregistration: previous registration
Oct 23, 2015 to Dec 31, 2021factForm ADV
← JASON ROBERT WENKAdvisorregistration: previous registration
Feb 3, 2014 to Dec 31, 2021factForm ADV
← AMY BLAIR LAWSONAdvisorregistration: previous registration
May 1, 2017 to Dec 31, 2021factForm ADV
← JADE AARON ROSSBACKAdvisorregistration: previous registration
Jan 6, 2015 to Dec 31, 2021factForm ADV
← MICHAEL ADAM WILLARDAdvisorregistration: previous registration
Aug 3, 2020 to Dec 31, 2021factForm ADV
← EDWARD CLYMER BARNARDAdvisorregistration: previous registration
Sep 5, 2014 to Dec 31, 2021factForm ADV
← WESLEY MICHAEL WHITEAdvisorregistration: previous registration
Jan 28, 2015 to Dec 31, 2021factForm ADV
← STEVEN KENT LEWISAdvisorregistration: previous registration
Jun 3, 2019 to Dec 31, 2021factForm ADV
← LIES ANGELA RUSTICUSAdvisorregistration: previous registration
Dec 11, 2014 to Dec 31, 2021factForm ADV
← JOEL GERALD VANWOERKOMAdvisorregistration: previous registration
Feb 16, 2016 to Dec 31, 2021factForm ADV
← KEVIN RANDALL EUGENE BERRYAdvisorregistration: previous registration
Jul 25, 2016 to Dec 31, 2021factForm ADV
← KEITH BRIAN LAVENDERAdvisorregistration: previous registration
Apr 20, 2018 to Dec 31, 2021factForm ADV
← JONATHAN VANCE GREESONAdvisorregistration: previous registration
Jun 2, 2015 to Dec 31, 2021factForm ADV
← BRENDAN VINCENT GRADYAdvisorregistration: previous registration
Jan 3, 2018 to Dec 31, 2021factForm ADV
← Robert Anthony MendenallAdvisorregistration: previous registration
Mar 5, 2021 to Dec 31, 2021factForm ADV
← Mark Alan HenryAdvisorregistration: previous registration
Nov 3, 2015 to Dec 31, 2021factForm ADV
← Miles Wesley CostinAdvisorregistration: previous registration
May 10, 2016 to Dec 31, 2021factForm ADV
← Samuel Mason WestersAdvisorregistration: previous registration
Jul 21, 2021 to Dec 31, 2021factForm ADV
← AUSTIN TAYLOR KOBILKAAdvisorregistration: previous registration
Jun 15, 2018 to Dec 31, 2021factForm ADV
← REID SCHMIDELERAdvisorregistration: previous registration
Apr 10, 2019 to Dec 31, 2021factForm ADV
← Eric M PapaAdvisorregistration: previous registration
Dec 23, 2019 to Dec 31, 2021factForm ADV
← Thaddeus Timothy BraunAdvisorregistration: previous registration
Aug 14, 2017 to Nov 23, 2021factForm ADV
← Andrew Scott VanderSchaafAdvisorregistration: previous registration
Mar 28, 2018 to Sep 14, 2021factForm ADV
← JONATHAN MOSER SPATZAdvisorregistration: previous registration
Aug 13, 2019 to May 26, 2021factForm ADV
← MORRIS CRAIG MOSERAdvisorregistration: previous registration
Jun 4, 2015 to Mar 2, 2021factForm ADV
and 15 more

Moved with (5)

→ WEALTHSPAN INVESTMENT MANAGEMENT, LLCRegistered adviser2 advisors, team lift out, same day
Dec 31, 2021 to Aug 13, 2024factForm ADV
→ BROOKSTONE CAPITAL MANAGEMENT LLCRegistered adviser2 advisors, team lift out, same day
Dec 31, 2021 to Feb 17, 2022factForm ADV
→ BROOKSTONE WEALTH ADVISORS, LLCRegistered adviser2 advisors, team lift out, same day
Dec 31, 2021 to Jul 21, 2021factForm ADV
← BROOKSTONE WEALTH ADVISORS, LLCRegistered adviser2 advisors, team lift out, same day
Aug 7, 2024 to Mar 5, 2021factForm ADV
→ ALLOY INVESTMENT MANAGEMENTRegistered adviser2 advisors, team lift out, same day
Dec 31, 2021 to Apr 28, 2020factForm ADV

Controls (7)

← BROOKSTONE CAPITAL MANAGEMENT LLCOwnerMEMBER, ownership code E, domestic entity
Aug 10, 2020 to Mar 5, 2024factForm ADV
← DIORIO, MARK, WILLIAMOwnerCHIEF INVESTMENT OFFICER, ownership code NA, individual
Nov 2, 2023 to Mar 5, 2024factForm ADV
← LOVETT, MATTHEW, LEEOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Jun 30, 2021 to Mar 5, 2024factForm ADV
← ZAYED, NADIM, "DEAN"OwnerCHIEF EXECUTIVE OFFICER, ownership code NA, individual
Aug 10, 2020 to Mar 5, 2024factForm ADV
← RONCONI, DARRYL, DESMONDOwnerPRESIDENT AND CHIEF OPERATING OFFICER, ownership code NA, individual
Aug 10, 2020 to Mar 5, 2024factForm ADV
← AL BCM, LLCOwnerMEMBER, ownership code E, domestic entity
Oct 27, 2021 to Mar 5, 2024factForm ADV
← ZAYED RIA, LLCOwnerMEMBER, ownership code C, domestic entity
Aug 10, 2020 to Mar 5, 2024factForm ADV

Owns (2)

← CRUMP, JASON, MICHAELOwnerVP, RELATIONSHIP MANAGER, ownership code NA, individual
Mar 31, 2014 to Mar 5, 2024factForm ADV
← VANWOERKOM, JOEL, GERALDOwnerVP OF OPERATIONS, ownership code NA, individual
Mar 31, 2014 to Mar 5, 2024factForm ADV

Dated events

2 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Jul 7, 2026
Advisor departed, no destination yet
Jason Michael Crump no longer registered at Brookstone Asset Management, Llc; no later IA registration on IAPD
Form ADVobserved 4 days ago
Occurred
Jan 31, 2025
Regulatory AUM changed
Brookstone Asset Management, Llc reported RAUM $507.6M, up 32% from $384.9M (2024-03-05 to 2025-01-31)
Form ADVobserved 4 days ago
$123M
Occurred
Mar 5, 2024
Regulatory AUM changed
Brookstone Asset Management, Llc reported RAUM $384.9M, up 333% from $88.9M (2023-11-02 to 2024-03-05)
Form ADVobserved 4 days ago
$296M
Occurred
Nov 2, 2023
Regulatory AUM changed
Brookstone Asset Management, Llc reported RAUM $88.9M, down 60% from $219.6M (2023-05-22 to 2023-11-02)
Form ADVobserved 4 days ago
$-131M
Occurred
Nov 2, 2023
Control person joined
William Mark Diorio (Chief Investment Officer) appeared on Schedule A of Brookstone Asset Management, Llc
Form ADVobserved 4 days ago
Occurred
Feb 23, 2023
Regulatory AUM changed
Brookstone Asset Management, Llc reported RAUM $219.6M, down 55% from $484.3M (2022-11-22 to 2023-02-23)
Form ADVobserved 4 days ago
$-265M
Occurred
Mar 30, 2022
Regulatory AUM changed
Brookstone Asset Management, Llc reported RAUM $484.3M, down 86% from $3.5B (2021-10-27 to 2022-03-30)
Form ADVobserved 4 days ago
$-3.0B
Occurred
Jun 30, 2021
Control person left
Lynne Danielle Tyler (Chief Compliance Officer) no longer on Schedule A of Brookstone Asset Management, Llc (listed 2021-03-31, absent 2021-06-30)
Form ADVobserved 4 days ago
Occurred
Jun 30, 2021
Control person joined
Lee Matthew Lovett (Chief Compliance Officer) appeared on Schedule A of Brookstone Asset Management, Llc
Form ADVobserved 4 days ago
Occurred
Nov 16, 2020
Control person left
Marie Diane Ferris (Chief Financial Officer / Chief Administration Officer) no longer on Schedule A of Brookstone Asset Management, Llc (listed 2020-08-20, absent 2020-11-16)
Form ADVobserved 4 days ago
Occurred
Aug 10, 2020
Control person joined
"Dean" Nadim Zayed (Chief Executive Officer) appeared on Schedule A of Brookstone Asset Management, Llc
Form ADVobserved 4 days ago
Occurred
Aug 10, 2020
Control person joined
Desmond Darryl Ronconi (Chief Operating Officer) appeared on Schedule A of Brookstone Asset Management, Llc
Form ADVobserved 4 days ago
Occurred
Oct 25, 2019
Control person left
Walter James Ward (Chief People Officer) no longer on Schedule A of Brookstone Asset Management, Llc (listed 2019-09-20, absent 2019-10-25)
Form ADVobserved 4 days ago

Show 2 bookkeeping events

Occurred
Mar 30, 2022
Brookstone Asset Management, Llc reported 5 state-registered advisory representatives, down from 30 (2021-10-27 to 2022-03-30)
Occurred
Mar 31, 2021
Brookstone Asset Management, Llc reported 30 state-registered advisory representatives, up from 15 (2020-11-16 to 2021-03-31)

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:c1ff76a6-7dbe-a243-8eea-e9008831ff1a
First observed: Mar 29, 2012
Last observed: Feb 4, 2026 7 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.

BROOKSTONE ASSET MANAGEMENT, LLC

CRD 153467

WHEATON, IL

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:c1ff76a6-7dbe-a243-8eea-e9008831ff1a

Data as of Feb 4, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 11:49 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

AL BCM, LLC

Member

yes

07/2019

Oct 27, 2021

Mar 5, 2024

BROOKSTONE CAPITAL MANAGEMENT LLC

Member

yes

07/2020

Aug 10, 2020

Mar 5, 2024

DIORIO, MARK, WILLIAM

CHIEF INVESTMENT OFFICER

yes

09/2021

Nov 2, 2023

Mar 5, 2024

LOVETT, MATTHEW, LEE

CHIEF COMPLIANCE OFFICER

yes

06/2021

Jun 30, 2021

Mar 5, 2024

RONCONI, DARRYL, DESMOND

PRESIDENT AND CHIEF OPERATING OFFICER

yes

07/2020

Aug 10, 2020

Mar 5, 2024

ZAYED RIA, LLC

Member

yes

07/2019

Aug 10, 2020

Mar 5, 2024

ZAYED, NADIM, "DEAN"

CHIEF EXECUTIVE OFFICER

yes

07/2020

Aug 10, 2020

Mar 5, 2024

CRUMP, JASON, MICHAEL

VP, RELATIONSHIP MANAGER

07/2020

Mar 31, 2014

Mar 5, 2024

VANWOERKOM, JOEL, GERALD

VP OF OPERATIONS

07/2020

Mar 31, 2014

Mar 5, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

BROOKSTONE CAPITAL MANAGEMENT LLC

n/a

Independent wealth

$13B

yes

n/a

BROOKSTONE WEALTH ADVISORS, LLC

n/a

No RAUM reported

yes

n/a

City

State

Country

Employees

Also broker-dealer

GRAND RAPIDS

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 4, 2026

$598M

n/a

2024

Jan 31, 2025

$508M

n/a

2023

Mar 5, 2024

$385M

n/a

2022

Feb 23, 2023

$220M

n/a

2021

Mar 30, 2022

$484M

n/a

2020

Mar 31, 2021

$3.5B

$2.8B

n/a

2019

Mar 31, 2020

$3.1B

$2.8B

n/a

2018

Mar 29, 2019

$3.2B

$3.0B

114

n/a

2017

Mar 30, 2018

$2.7B

$2.5B

n/a

2016

Mar 31, 2017

$1.4B

n/a

2015

Feb 11, 2016

$935M

$876M

n/a

2014

Mar 2, 2015

$542M

$524M

n/a

2013

Mar 31, 2014

$56.6M

n/a

2012

Mar 12, 2013

$71.0M

n/a

2011

Mar 29, 2012

$103M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$598M

$508M

17.8%

$220M

39.6%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

BROOKSTONE WEALTH ADVISORS, LLC

Dec 31, 2021

Jul 21, 2021

JENISON, MI

Channel change

RIA to RIA

7.7%

BROOKSTONE WEALTH ADVISORS, LLC

Dec 31, 2021

Feb 17, 2020

RALEIGH, NC

Channel change

RIA to RIA

23.1%

BROOKSTONE CAPITAL MANAGEMENT LLC

Dec 31, 2021

Feb 17, 2022

CHARLOTTE, NC

Team lift out

RIA to RIA

7.7%

ALLOY INVESTMENT MANAGEMENT

Dec 31, 2021

Apr 28, 2020

CHARLOTTE, NC, , NC

Team lift out

RIA to state RIA

7.7%

WEALTHSPAN INVESTMENT MANAGEMENT, LLC

Dec 31, 2021

Aug 13, 2024

RALEIGH, NC

Team lift out

RIA to RIA

7.7%

ASPIRE WEALTH

Oct 6, 2020

Jan 1, 2025

WHEATON, IL

Team lift out

RIA to state RIA

6.7%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

BROOKSTONE WEALTH ADVISORS, LLC

Jun 26, 2020

Apr 10, 2019

CHARLOTTE, NC

Channel change

RIA to RIA

1.6%