Five Star award winners Brophy Wealth Management, LLC

PROFESSIONAL PROFILE

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Brophy Wealth Management, LLC

40 S River Rd Ste 15

Bedford, NH 03110

Office: 603-668-2303

bwm@brophywealth.com
www.brophywealth.com

The Brophy Wealth Management, LLC Purpose

"Because Wealth does not come with instructions"...

Not only do these words ring true with many of our clients, they are the driving force behind our firm's philosophy and commitment. With every interaction, Brophy Wealth Management, LLC seeks to provide clients with the knowledge and guidance to help them manage both their financial life and the emotions tied to wealth related decisions.

We believe the trust of a financial advisor is earned not only through the performance of investments, but through the connection that occurs when we truly understand our client's goals, hopes, fears, insecurities, and beliefs.

Stephen Brophy

Senior Wealth Manager

Phone: 603-668-2303

Designations and Licenses: CFP®, CPA*, ChFC®, PFS, MSFP, CLU®, ChFC®, AAMS®, CASL®, CRPC®, AWMA®, CRPS®, CMFC®, Series 7, Series 24, Series 63, and Life, Accident and Health License

Education: Masters of Science in Financial Planning with a concentration in Wealth Management. Bachelors of Business Administration with a concentration in Accounting.

Over the last 34 years, I have helped people who have been referred to me by friends and family. Our relationship started by working closely together to paint a picture of how they would like their future to look. As a result of this collaboration, we have become partners on the road to achieving their dreams.

I draw on my experiences as a tax accountant, an auditor of cities and municipalities, and a manager of corporate finance. I incorporate the knowledge I gained in obtaining my undergraduate degree in Accounting, and my Master of Science in Financial Planning. I have put an emphasis on continuing to learn and master my profession as evidenced by the designations I have studied hard for and earned.

Steve concentrates in the areas of: Tax Mitigation, Philanthropic Planning, Retirement Planning, Investment Management, Estate and Legacy Planning, Business Needs, Insurance/ Risk Management Strategies, and Education Planning.

My greatest satisfaction comes from knowing that as a result of being a guide, and a confidante, I keep my clients eye on the prize, and witness the joy they experience when they accomplish their goals.

Steve is a proud husband and father of three. He enjoys his grandchildren enormously. In his free time he enjoys travel, cars and boating.

* Stephen A. Brophy, in his individual capacity, is a Certified Public Accountant ("CPA") licensed by the State of New Hampshire Board of Accountancy. While Stephen A. Brophy may provide clients with certain financial planning and tax-related advice as part of an advisory engagement with BWM he does not render separate accounting services in his capacity as a CPA

James Brophy

Wealth Manager

Phone: 603-668-2303 ext. 214

Designations and Licenses: CFP®, CRPC®, CLU®, Series 7, Series 66, and Life, Accident, and Health License

Education: B.S. in Economics with a Concentration in Marketing from Bentley University

It was natural for me to have an interest in business, given that my father is a wealth manager and entrepreneur. The decision to follow suit did not come easily though. Still, I could not shake a curiosity for all things financial which led me to the business focused Bentley University, where I studied economics and marketing. I found that those two subjects are about solving financial puzzles and understanding people.

I had the opportunity to intern at a wealth management firm near Bentley University during my junior year. That experience showed me that a wealth manager solves complex financial puzzles every day, and the puzzles they solve help people to change their lives. This realization is what led me to join the team at Brophy Wealth Management, LLC.

I continue working to deepen my knowledge of personal finance through active engagement with the Financial Planning Association of Northern New England and the New Hampshire Estate Planning Council. I will coordinate these and other industry tools with my economics background to give the most benefit to our clients.

I’ve also been able to use the things I’ve been learning as a Wealth Manager to give back through volunteer opportunities. I’m happy to be on the board of the Financial Planning Association of Northern New England, The Reverend Gelinas Scholarship, and the Cathedral of St. Joseph’s Finance Council.

Luke Trotochaud

Wealth Manager

Phone: 603-668-2303 ext. 206

Designations and Licenses: CFP®, CRPC®, Series 7, Series 63, 66, and Life, Accident and Health License

Education: B.A. in Criminal Justice from Plymouth State University

Finance may not have been how I started, but when I witnessed firsthand the financial struggles of my parents when their company stock tumbled, and their retirement assets diminished to seemingly nothing, my career path changed. As a result, I became determined to educate myself on how this could have been avoided and learn how to correct such an event on someone's financial situation.

The opportunity to start my financial career was at a large investment firm, where I was able to earn my licenses and was quickly promoted to a financial planning position. I provided guidance to clients on both their 401k plans, along with their brokerage assets for a total financial picture. By having knowledge of certain plan rules / and strategies I was able to provide holistic planning to clients that helped guide them to the best solutions based on their unique situations.

I'm pleased to be a part of Brophy Wealth Management, LLC, where we share many of the same core values; most importantly, putting the client first. I have always been passionate with helping others and being part of team that strives towards a goal. Working at Brophy Wealth Management, LLC I look forward to advancing my knowledge and sharing my expertise with our clients and team to improve the financial futures of our clients.

See Accomplishments

This award was issued on 9/1/23 by Five Star Professional (FSP) for the time period 12/12/22 through 6/30/23. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 1,017 New Hampshire-area wealth managers were considered for the award; 89 (9% of candidates) were named 2023 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2022: 979, 87, 9%, 9/1/22, 12/20/21 - 6/17/22; 2021: 943, 96, 10%, 9/1/21, 11/30/20 - 6/25/21; 2020: 928, 91, 10%, 9/1/20, 12/9/19 - 7/1/20; 2019: 928, 85, 9%, 9/1/19, 11/19/18 - 7/10/19; 2018: 955, 74, 8%, 9/1/18, 12/26/17 - 7/17/18; 2017: 739, 89, 12%, 9/1/17, 12/27/16 - 7/6/17; 2016: 666, 158, 24%, 8/1/16, 2/6/16 - 7/19/16; 2015: 853, 166, 19%, 9/1/15, 2/6/15 - 7/19/15; 2014: 1045, 189, 18%, 9/1/14, 2/6/14 - 7/19/14; 2013: 1049, 204, 19%, 9/1/13, 2/6/13 - 7/19/13; 2012: 743, 170, 23%, 9/1/12, 2/6/12 - 7/19/12.

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Brophy Wealth Management, LLC is a Registered Investment Advisor. Certain representatives of Brophy Wealth Management, LLC are also Registered Representatives offering securities through APW Capital, Inc., Member FINRA/SIPC.

The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or Five Star Professional’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process; feedback may not be representative of any one clients’ experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Award does not evaluate quality of services provided to clients. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The Five Star award is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients’ assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by Five Star Professional or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. 928 New Hampshire wealth managers were considered for the award; 91 (10% of candidates) were named 2020 Five Star Wealth Managers. 2019: 928 considered, 85 winners; 2018: 955 considered, 74 winners; 2017: 739 considered, 89 winners; 2016: 666 considered, 158 winners; 2015: 853 considered, 166 winners; 2014: 1,045 considered, 189 winners; 2013: 1,049 considered, 204 winners; 2012: 743 considered, 170 winners.

Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria-required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria-considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance . Wealth Managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com.