MB
Michael D. Brown
THE PLANNING GROUP
Northfield, IL 60093
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CRD#: 2903488
MB
Professional summary
Michael David Brown, who also goes by Mike Brown, is a registered financial advisor currently at THE PLANNING GROUP located in Northfield, Illinois.
Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2001. Michael has worked at 5 firms and has passed the Series 66, SIE, Series 7 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Mike Brown
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
Michael David Brown is a CPA and from time to time, may offer clients advice from those activities and clients should be aware that these services may involve a conflict of interest. TPG always acts in the best interest of the client and clients are in no way required to utilize the services of any representative of TPG in connection with such individual's activities outside of TPG.
Michael David Brown is an independent licensed insurance agent, and from time to time, will offer clients advice or products from those activities. Clients should be aware that these services pay a commission or other compensation and involve a conflict of interest, as commissionable products conflict with the fiduciary duties of a registered investment adviser. TPG always acts in the best interest of the client; including the sale of commissionable products to advisory clients. Clients are in no way required to utilize the services of any representative of TPG in connection with such individual's activities outside of TPG.
Trustee Services; investment related: Yes; No physical location; I will be acting as a paid trustee for two individual trusts for a single family. ; Trustee ; Supervising investments and outside investment managers, budgeting, and meeting with beneficiaries.; 2019-04-01; Hours devoted to business during trading hours: 2; Hours devoted to business outside trading hours: 5; Percentage of total yearly compensation expected to be derived from the business: 4.
CRS (Client Relationship Summary) - RIA
Click below to view Michael David Brown's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
September 25, 2018 - Present
THE PLANNING GROUP
Office #1: 465 Central Ave Suite 201, Northfield, IL 60093RIA
CRD#: 298496
Northfield, IL
Past
April 18, 2012 - December 31, 2012
DRW FINANCIAL, INC.
RIA
CRD#: 124055
NORTHFIELD, IL
Past
August 10, 2009 - February 6, 2019
CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.
RIA
CRD#: 134139
Northfield, IL
Past
August 10, 2009 - December 31, 2018
CAMBRIDGE INVESTMENT RESEARCH, INC.
BD
CRD#: 39543
Northfield, IL
Past
March 28, 2003 - August 10, 2009
WATERSTONE FINANCIAL GROUP, INC.
RIA
CRD#: 10078
NORTHFIELD, IL
Past
July 24, 2001 - August 10, 2009
WATERSTONE FINANCIAL GROUP, INC.
BD
CRD#: 10078
NORTHFIELD, IL
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
TP
THE PLANNING GROUP
THE PLANNING GROUP | TPG ADVISORS LLC
CRD#: 298496 / SEC#: 801-114032
RIA
Registered Investment Advisory firm - (9/20/2018 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Arizona(11/12/2025)
IAR
California(9/17/2025)
IAR
Illinois(9/25/2018)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Current Firm
TP
THE PLANNING GROUP
THE PLANNING GROUP | TPG ADVISORS LLC
CRD#: 298496 / SEC#: 801-114032
RIA
Registered Investment Advisory firm - (9/20/2018 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
465 Central Ave Suite 201, Northfield, IL 60093
Mailing Address
Phone number
(847) 441-9400
Established
Firm type
Fiscal year end
# of Employees
4
SEC notice filing (6 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 727 |
| AUM (Assets Under Management) | $ 235,778,880 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
