Advocate Wealth

Bob Brooks, the firm's founder, and CEO Kyle Brown jointly shape the firm's investment philosophy and portfolio construction approach. Advocate Wealth uses a centrally managed model-portfolio framework that advisors tailor to individual client goals. Specific portfolio manager assignments are not publicly disclosed, consistent with the firm's small-team structure.

Advocate Wealth is structured as a Registered Investment Adviser (RIA) serving multiple clients, not a single-family office. The firm acts as a fiduciary to retail investors, business owners, and qualified retirement plans, with compensation tied to asset-based fees. This regulatory status subjects the firm to SEC oversight and a statutory duty of care that family offices typically do not bear.

The firm primarily constructs client portfolios using low-cost exchange-traded funds and mutual funds, supplemented by individual equities and bonds for larger accounts. Advocate Wealth does not operate proprietary funds or structured products. Alternative exposures, when used, are accessed through publicly available interval funds or liquid-alternative mutual funds.

The firm relies on regional referrals from existing clients, CPAs, and attorneys in the Oklahoma and north Texas markets. A weekly financial-talk radio program hosted by Bob Brooks on KOKC AM 1520 serves as the firm's primary marketing channel, according to public record. Advocate Wealth does not maintain a significant digital advertising footprint or cold-outreach operation.

The firm lists Charles Schwab as its primary qualified custodian in regulatory filings (per SEC, 2024). This third-party custody arrangement means Advocate Wealth does not physically hold client funds or securities, reducing operational risk and providing clients with independent account statements directly from the custodian.