Brown and Company
Brown and Company was a Denver-based registered investment advisor founded in 1988 by Mark Brown, providing integrated private wealth management — investment, tax, estate, executive comp, and philanthropic planning — to ~200 high-net-worth households across the Rocky Mountain region. The firm managed approximately $1 billion in AUM before its April 2026 acquisition by Modern Wealth Management.
- Company typePrivate
- Founded1988
- HeadquartersDenver, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Brown and Company does
Brown and Company was a Denver-based registered investment advisor (RIA) founded in 1988 by Mark Brown, CFP, providing private wealth management to high-net-worth individuals, business owners, executives, and families across the Rocky Mountain region. The firm operated from a single Cherry Creek North office with an eight-person team and managed approximately $1 billion in assets under management across roughly 200 households, with no formal product platform or proprietary technology disclosed — service delivery was relationship-led, kitchen-table style, and explicitly differentiated from cookie-cutter RIA models.
The firm's offering was organized around six integrated service areas: Strategic Investment Management (including access to alternative investments and private markets), Advanced Tax Planning, Executive Compensation and Business Transition Planning, Philanthropic and Charitable Planning, Estate and Legacy Planning, and comprehensive Financial Planning. The business model was a recurring percentage-based AUM fee structure typical of HNW RIAs, with no publicly disclosed pricing. Customer acquisition relied primarily on founder Mark Barron's sustained media profile (Barron's Top Financial Advisors 2008–2026, Forbes Best-in-State, Financial Times Top 400) and community involvement rather than paid channels.
In April 2026, Brown and Company was acquired by Modern Wealth Management, a Monterey-based PE-backed RIA consolidator, as its 21st acquisition. The full eight-person team transitioned to Modern Wealth, and the firm was rebranded 'Modern Wealth Management Denver (Formerly Brown and Company).' The transaction was structured as a founder succession for Mark Brown and expanded Modern Wealth's platform into Colorado with access to ~$1B in AUM and the Denver HNW client base.
Brown and Company firmographics
Firmographics- Name
- Brown and Company
- Legal name
- Brown and Company
- Website
- https://brownandco.com
- Company type
- Private
- Founded year
- 1988
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Brown and Company was a Denver-based registered investment advisor founded in 1988 by Mark Brown, providing integrated private wealth management — investment, tax, estate, executive comp, and philanthropic planning — to ~200 high-net-worth households across the Rocky Mountain region. The firm managed approximately $1 billion in AUM before its April 2026 acquisition by Modern Wealth Management.
- Ownership category
- akta.pro rank
Brown and Company industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Bank-Affiliated Retail Wealth Management (FSAAAAAB)
Keywords
Where Brown and Company is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Brown and Company business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Wealth Management / AUM Fees: As a registered investment advisor, Brown and Company generated revenue through assets under management fees, charging clients based on the value of investments managed. This is a percentage-based recurring revenue model typical of wealth management practices.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Brown and Company product offering
Product offeringCore offering
Brown and Company was a private wealth management practice delivering integrated advisory services to high-net-worth individuals, business owners, executives, and families in the Rocky Mountain region. Offerings spanned strategic investment management with alternative and private market access, advanced tax planning, executive compensation and business transition planning, philanthropic and charitable planning, estate and legacy planning, and comprehensive financial planning.
Product overview
Brown and Company, now operating as Modern Wealth Management Denver, offers a unified suite of private wealth management services rather than a modular product platform. The practice provides integrated wealth management through six core service areas: Strategic Investment Management, Advanced Tax Planning, Executive Compensation and Business Transitions, Philanthropic and Charitable Planning, Estate and Legacy Planning, and Financial Planning. These services function as a coordinated offering designed for high-net-worth individuals, business owners, and executives, with the Modern Wealth integration bringing expanded technology, tax capabilities, and broader investment platforms while maintaining the boutique service model.
Differentiator
Problem solved
Functional benefit
Products and services
- Strategic Investment Management
- Advanced Tax Planning
- Executive Compensation and Business Transitions
- Philanthropic and Charitable Planning
- Estate and Legacy Planning
- Financial Planning
Quantifiable outcome
- ~200 households served
- +1 more outcomes
Companies that use Brown and Company
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles1 record
Brown and Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Brown and Company partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and former.
- Modern Wealth ManagementcoreModern Wealth Management, a Monterey-based registered investment advisor and private equity-backed RIA acquirer, agreed to acquire Brown and Company. The transaction is Modern Wealth's 21st acquisition, pushing its total AUM past $13 billion and marking its entry into Colorado. Brown and Company's full eight-person team, including founder Mark Brown, transitioned to Modern Wealth under the agreement. The deal represents a succession strategy for founder Mark Brown.
- LPL FinancialformerBrown and Company was previously affiliated with LPL Financial as a registered investment advisor on their platform before exiting to join Modern Wealth Management in April 2026. LPL Financial is one of the largest registered investment advisor platforms in the industry.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Brown and Company competitors and assessment
Company assessmentBroad incumbents
- Edelman Financial Engines: Large national RIA serving HNW and mass-affluent clients with integrated financial planning and investment management; comparable service breadth though different distribution model.
- Corient: National RIA consolidator serving ultra-HNW and HNW clients with comprehensive wealth management; comparable to the Modern Wealth platform model that acquired Brown and Company.
- Buckingham Strategic Wealth: National RIA providing evidence-based wealth management and financial planning to HNW clients, comparable in service model and target segment though operating at much larger scale.
- Sequoia Financial Group: National RIA providing wealth management and financial planning to HNW clients and institutions, directly comparable to Brown and Company's integrated service model at larger scale.
- Creative Planning: Large national RIA offering comprehensive wealth management to HNW clients; comparable in service breadth and target segment, though much larger in scale than Brown and Company.
- Mariner Wealth Advisors: National PE-backed RIA consolidator with similar acquisition-driven growth model and HNW wealth management focus; directly relevant as a comparable RIA roll-up platform to Modern Wealth Management.
Direct peers
- Modera Wealth Management: Fee-only RIA serving HNW clients with holistic financial planning and investment management, similar size band and service mix to Brown and Company.
- Capstone Wealth Advisors: RIA providing personalized wealth management to HNW individuals and families, comparable boutique service model and HNW segment focus to Brown and Company.
- Halbert Hargrove: Long-standing Denver-area RIA serving HNW individuals and families with comprehensive wealth planning, comparable in size band and regional focus to Brown and Company's Denver practice.
Regional players
- First Western Financial: Denver-based wealth management and investment advisory firm serving HNW individuals, business owners, and families in the Rocky Mountain region with directly overlapping geography and target clientele.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Brown and Company social profiles
Digital presenceBrown and Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Brown and Company leadership team
Management profileNumber of profiles
Profiles8 records
Brown and Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Brown and Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Brown and Company
What does Brown and Company do?
Brown and Company was a private wealth management practice delivering integrated advisory services to high-net-worth individuals, business owners, executives, and families in the Rocky Mountain region. Offerings spanned strategic investment management with alternative and private market access, advanced tax planning, executive compensation and business transition planning, philanthropic and charitable planning, estate and legacy planning, and comprehensive financial planning.
Is Brown and Company a public or private company?
Brown and Company is a private company. It is classified as corporate owned and is currently acquired.
When was Brown and Company founded?
Brown and Company was founded in 1988. It employs 1 to 10 people.
Where is Brown and Company based?
Brown and Company is headquartered in Denver, United States, in the North America region.
How does Brown and Company make money?
One revenue line is on record: wealth Management / AUM Fees.
Who are Brown and Company's main competitors?
Broad incumbents on record are Edelman Financial Engines, Corient, Buckingham Strategic Wealth, Sequoia Financial Group, Creative Planning and Mariner Wealth Advisors. Direct peers are Modera Wealth Management, Capstone Wealth Advisors and Halbert Hargrove. First Western Financial is listed as a regional player.
Does Brown and Company have an API?
No public API is recorded for Brown and Company.
What industry is Brown and Company in?
Brown and Company's product category is Wealth Management. Its primary akta.pro industry code is FSAAAAAB, Bank-Affiliated Retail Wealth Management. Its NAICS code is 523940 and its SIC code is 6282.