Overview
Brookmont Capital Management, LLC is a registered investment advisor based in Dallas,
Texas that was launched in December 2007 and whose principal owners are Neal Scott and Ethan
Powell.
INVESTMENT SERVICES
Brookmont offers advisory services to individuals, families, institutions, endowments and
foundations, public pension plans, registered investment advisers, registered investment
companies, and other taxable and tax-exempt entities.
Brookmont requires a minimum account of $500,000 or a minimum fee of $5,000 for Portfolio
Management Services clients. This account size and minimum fee may be negotiable under
certain circumstances. Brookmont may group certain related client accounts for the purposes of
achieving the minimum account size.
PORTFOLIO MANAGEMENT SERVICES
Brookmont provides continuous advice to a client regarding the investment of client funds
based on the individual needs of the client. Through personal discussions in which goals and
objectives based on a client's particular circumstances are established, Brookmont develops a
client's personal investment policy and creates and manages a portfolio based on that policy.
Brookmont will manage advisory accounts on a discretionary or non-discretionary basis. Account
supervision is guided by the stated objectives of the client (e.g., maximum capital appreciation,
growth, income, or growth and income).
Brookmont will create a portfolio consisting of one or all of the following: individual equities,
bonds, exchange-traded funds (ETFs), other investment products, and no-load or load-waived
mutual funds. Brookmont will allocate the client's assets among various investments, taking into
consideration the overall management style selected by the client.
Clients will have the opportunity to place reasonable restrictions on the types of investments
which will be made on the client's behalf. Clients will retain individual ownership of all securities.
WRAP FEE PROGRAMS
We participate in “wrap fee” advisory programs. Wrap fee accounts are treated similarly to all
non-wrap fee accounts. In return
for our services, the wrap fee program sponsor pays us a portion
of the wrap fee that clients pay to the wrap fee program sponsor.
PORTFOLIO MANAGEMENT STRATEGY SUB-ADVISER
Brookmont also offers its strategies on a sub-advisory basis to independent investment
advisers. In this scenario, an independent adviser contracts with Brookmont to manage all or
a portion of that independent adviser’s client assets. Brookmont relies on information provided
to it by the independent adviser(s) regarding client suitability and restrictions. Pursuant to a sub-
advisory agreement between Brookmont and the independent adviser, the independent adviser
retains, on behalf of each of its clients, the discretion to hire and/or fire Brookmont. However,
Brookmont retains full investment discretion for all sub-advised accounts, as well as the authority
to effect trades in such accounts.
INVESTMENT COMPANY ADVISER AND SUB-ADVISER
Brookmont acts as investment adviser to the First Foundation Fixed Income Fund and the First
Foundation Total Return Fund, for which Brookmont currently appoints and overees separate sub-
advisors. Potential investors in these funds are requested to refer to the fund prospectuses and
Statements of Additional Information (“SAIs”) for complete information on the funds.
Brookmont has also been selected as sub-adviser to the Brookmont Equity Dividend Portfolio
Series. Potential investors in the Brookmont Equity Dividend Portfolio Series are requested to refer
to the fund prospectus and SAI for complete information on the fund.
ASSETS UNDER MANAGEMENT
As of December 31, 2023, Brookmont provided advice on approximately $712.9 million of
financial assets for 146 discretionary accounts. Clients or family accounts may consist of more than
one account such as an individual account for each of the spouses, children, and/or business. In
addition, Brookmont provides investment recommendations to other advisers, which then
implement such recommendations on behalf of their clients. As of December 31, 2023, assets of
approximately $942 million were managed pursuant to Brookmont’s recommendations.