Richard Brown is Chairman and Chief Executive Officer of JNBA Financial Advisors. He is also head of the brand’s specialty group, Family Office Services. He is responsible for strategic guidance for the company and is the key decision-maker in how the Family Office operates. JNBA is one of the premier wealth management firms in the United States and has grown from managing $90 million in client assets to advising on $1 billion in assets.
Prior to his current role, Richard was Executive Domestic and International Contract Negotiator for Irwin Jacobs Companies. Additional international and domestic experience includes Ladbroke Racing, based in the United Kingdom. Specialty education includes the Program on Negotiation with the Inter-University Consortium of Harvard/MIT/Tufts.
Richard is a leader who advocates for his team and inspires them to share their own expertise in a collaborative process to arrive at solutions for clients and other stakeholders. Colleagues call him experienced and wise. Employees say he wants the facts. Richard serves on several national and local boards, including the Chancellor’s Advisory Board at the University of Minnesota-Duluth Campus, the Dean’s Business Advisory Council at UMD’s Labovitz School of Business & Economics, the NIFAP Study Group, and the TD Ameritrade President’s Council. He is also one of two senior teaching fellows emeritus at UMD’s Labovitz School.
As President and Board Chair of the Starkey Hearing Foundation, Richard has taken his passion to serve by leading global mission trips, launching creative fundraising collaborations, and influencing decision-makers around the world. He is Chair of the Essentia Health Foundation Board, a six-year board member of Special Olympics Minnesota, and founder of the Richard S. Brown Foundation, which allows him to directly spread his philanthropic vision.
If Richard had a tagline, it would be: “Use wisdom to be a loyal advocate.”
Richard’s mother, Judith, founded the firm and was a pioneer in offering fee-based financial advice. Richard continues his mother’s vision, concentrating on the company’s client-centric model and maintaining its independent, values-driven, and community-focused principles.
Favorite quote: “The service you do for others is the rent you pay for your room here on earth.” -Muhammad Ali