Brownstone Research Reviews 

349
TrustScore 2.5 out of 5

2.3

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

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Review summary

Created with AI, based on recent reviews

Evaluating 86 reviews, most reviewers were unhappy with their experience overall, expressing deep frustration with the service. Many people complained about unexpected subscription charges, hidden costs, and feeling completely misled by expensive digital product pitches that failed to deliver. Consumers also reported facing major difficulties when attempting to cancel their ongoing memberships, contact support agents, or secure rightful refunds. Some reviewers were happy with the helpful customer support team, noting that representatives were very patient and efficient when resolving account access issues. Additionally, a few consumers even found the educational market content and specific stock recommendations quite beneficial for their long-term trading goals.

What people talk about most

Subscription

Customers had ambiguous experiences with subscription services, with long-term members praising the excellent... See more

Product

Users describe ambiguous interactions with product, as some consumers find the reports interesting and... See more

Price

Customers consistently note negative experiences with price, expressing widespread frustration over high... See more

Customer service

People report ambiguous experiences with customer service, as many reviewers highlight incredibly helpful,... See more

Payment

Clients share profound dissatisfaction regarding payment, frequently reporting unauthorized charges and... See more

Reviews shaping this summary

Rated 2 out of 5 stars

I enjoy listening to Jeff Brown he talks logically and seems sincere. i however found charges on my statement with amounts I never authorized nor have i received sufficient information to suppor... See more

Company replied

Rated 3 out of 5 stars

They should explain that subscription services don't mean fast gains. We don't all have same experience w/investing. That being said, whenever I've called the company w/question, they spend the time... See more

Company replied

Rated 3 out of 5 stars

I feel when you recommend any new stock and then it drops a good amount you do not follow up on what we as investors should do. Hold, sell or buy more? Has anything changed from your side as to t... See more

Company replied

Rated 3 out of 5 stars

I was looking at your (rather long) video advertisement that popped up in my in box. I'm certainly no tech expert but am always looking for investment opportunities so I would need advice and guidance... See more

Company replied


Company details

Written by the company

Brownstone Research is a boutique investment research firm that consistently delivers insights and profitable investment recommendations to its subscribers. For too long, the best investment research has not been available to individual investors. It has been typically reserved for investment banks, hedge funds, private equity, and high-net-worth clients. The mission of Brownstone Research is to make that kind of proprietary research available to any investors looking to gain an edge in the markets. The goal is simple… to deliver unique and profitable investment research found nowhere else.


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2.3

Poor

TrustScore 2.5 out of 5

349 reviews

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Replied to 100% of negative reviews

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2.3

All reviews

(349)

86 reviews in the last 12 months

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Rated 1 out of 5 stars

If I could give zero stars

If I could give zero stars, I would. These people keep trying to change my card $129 and claim I signed up for something. The email address they give where they say they notified me in advance is "membershipservices@brownstoneresearch". When I tell them there are no emails in my inbox nor spam folder from that email address, they say it much be from another email address that they cannot give me (amazing). They say that "as a favor" they will submit a request to give me a partial refund. They way they are under no obligation to give me a time when they will get back to me. So they stole $129 AGAIN and they are claiming they only need to give part of it back even though I reached out to them as soon as I saw the charge on my credit card. They charged me on June 12, 2023 and I reached out to them on July 24, 2023. They tried to rip me off in 2021. I told them to remove me from everything then and leave me alone. Now they think they can steal my money again in 2023. I want everyone to know these people are the epitome of white-collar crime, but I will not let them get away with it. Steve, 714-803-3089.

24 July 2023
Unprompted review
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Reply from Brownstone Research

Thank you for providing your feedback and letting us know about this issue, Steve. We set a high standard for ourselves, we care, and we want to make this better. We have reached out to you to discuss the details of your The Near Future Report subscription. Kindly get in touch with us at (888) 493-3156 or memberservices@brownstoneresearch.com and we'd be happy to help you out.

Cheers,

Brownstone Research

Rated 2 out of 5 stars

I am disappointed in Jeff Brown

I am disappointed in Jeff Brown. He has no morals. He for a better lack of words stole money in subscriber cost as his advice was beyond horrible. He knew that he was leaving and should have forewarn subscribers so investors could have cashed out his miserable "paid" advice. I hope Colin has the ability to turn this around. He seems to have a better nexus on business. First thing he should do is change the name from "Brownstone" to "Anything else stone".

I have written several times to this service and never received a reply.

14 July 2023
Unprompted review
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Reply from Brownstone Research

Thank you for contacting Brownstone Research. We apologize for any inconvenience this may have caused. We understand that change is not easy. Per our terms, we will continue to deliver the services, albeit under a different editor. Furthermore, could you please provide us with your email address to locate your account? If you have any questions or concerns, please get in touch with us at (888) 512-0726 or memberservices@brownstoneresearch.com.

Rated 1 out of 5 stars

Jeff Brown is a CHARLATAN! Should be called BROWNSTONE FOOLS!

After a year of gains following Jeff Brown's investment advice through Bonner & Partners back in 2019, I moved into 2020 feeling hooked on his advice and later upgraded my subscription to his lifetime membership program with Brownstone Research which cost $5,000 plus the annual maintenance fees. I went all in. I was selling off a lot of stable and reliable stocks that weren't making big gains to reinvest a large part of our portfolio under Jeff's recommendations. Sadly, we have taken huge losses ever since! I understand the market has been extremely volatile and underperforming as a whole the last few years, but the vast majority of Jeff's recommendations have been terrible investments (many at 60-100% losses) and our portfolio is down about $100k because of his recommendations. This is so devastating! I've been hoping that some of these stocks would recover at some point, but now Jeff Brown has left Brownstone Research and I, like so many others, feel I've been left holding the bag and totally scammed by this CHARLATAN! Our retirement portfolio has been irreversibly damaged while Jeff Brown skates off with all the subscription monies so many people so foolishly handed over to him. Don't waste your time or money on this type of service!

12 June 2023
Unprompted review
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Reply from Brownstone Research

Thank you for contacting Brownstone Research. We apologize for any inconvenience this may have caused. We know that change is not easy. Per our terms, we will continue to deliver the services, albeit under a different editor. We also provided you with a free year's access to two new publications, Wide Moat Research's Intelligent Income Investor and Opportunistic Trader's One Ticker Trader.

Rated 1 out of 5 stars

Stay Away from the Brownstone Research and Save Thousands!

I invested $5000 for 5 years into Jeff’s Brown “Day One investor” subscription and close to $2000 for 2 years for the "Exponential Tech Investor"…
Did I make money? NO. I lost… thousands.
Then a couple of weeks ago I received an email from the Brownstone Research that Jeff Brown left the company and they have a new editor.
I didn’t sign up for their new editor subscription! And it’s NOT my problem that they had an internal company issue when Jeff left.
When I requested a refund for the UNUSED time of the subscription (it came out to about $4,000 in total), they, at first, offered me a prorated CREDIT toward other subscription, then they changed their mind and offered $1500 CREDIT toward their subscription (without rationale for the credit amount).
This company does not operate with integrity!
After several attempts to deal with them, I realized that I was scammed and decided to cut my losses, write this review, file a complaint with the BBB, and move on.
Just notice how they respond to people grievances... They REALLY do not care about their customers!
If you, Brownstone Research, do NOT deliver what you promised/marketed, why do you REFUSE to make good by your customers and refund the unused portion of the subscription I originally signed up for?

STAY AWAY from the Brownstone Research and their parent publishing company Legacy Research – they are scammers!!

26 June 2023
Unprompted review
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Reply from Brownstone Research

Thank you for providing your feedback and letting us know about this issue, Millen. We care, and we want to make this better, please get in touch with us at (888) 512-0726. We would love the chance to resolve any issues.
Cheers,
Brownstone Research

Rated 1 out of 5 stars

Beware Jeff Brown and Brownstone Research

In 2020 I purchased a membership with Brownstone Research. Jeff Brown's portfolio advice in particular. I do not recommend allowing this man to advise you at any time. My portfolio has done nothing but lose value and he has jumped ship. He talks about his expertise and other gains, unfortunately I have only lost money. Stay away from Brownstone Research. Now that Jeff has exited they bombard my email with other advisors videos and advertisements. At this point I can only cut my losses. I am retirement age and his portfolio advice has devastated my future! Beware!

28 June 2023
Unprompted review
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Reply from Brownstone Research

Hi, Sandra. We are sorry that your experience wasn't ideal, but we thank you for sharing this with us. We care, and we want to make this better, please get in touch with us at (888) 512-0726. We would love the chance to resolve any issues.



Rated 1 out of 5 stars

Buyer Beware

Update to my initial review:

Brownstone Research has solved the problem that they created by refunding me (based upon my specific request) $200, which is the difference between what I actually paid for a 'Lifetime' subscription and what I would have paid for three years of regular subscription service. To me, this is a fair resolution given that they delivered only two years and ten months of the service that I bought with Jeff Brown as editor. I will add, however, that this resolution was reached only after I contacted them MANY times, then posted here on Trustpilot as well as filed a complaint with Florida's Better Business Bureau. While I appreciate that they did the right thing in the end, they should have resolved this issue directly upon my first contact, rather than repeatedly denying my fair request and requiring a time consuming (one month plus) escalation.

Following is my initial review: Buyer Beware! Brownstone Research and their publisher Legacy Research can and will rip you off. I paid $299 for a ”Lifetime Subscription” to Jeff Brown’s Near Future Report followed by two consecutive years’ $24 ($48 total) maintenance fee. $347 out of pocket for two years and ten months of delivery. When they notified me that Jeff Brown had been booted out, effectively immediately, I wrote to customer service and requested at least a partial refund for the Lifetime Subscription that they decided, without notice, to stop delivering. They first said no. Then they said they would try to get $24 refunded, and that they’d get back to me on whether or not a $24 refund was approved. And then, they not only did NOT get back to me, but they’re also not answering my emails or my phone calls. This run around started nearly three weeks ago. If I had just paid the regular annual fee for the Near Future Report for three years, it would have cost me $147 ($49 x 3 years) So they’ve effectively ripped me off for $200 and are choosing to blow me off and ignore my request for a fair solution to the problem that they themselves created. Dubious if not outright fraudulent marketing. I will now contact the Better Business Bureau in Florida and/or California to file a complaint. Scammers and frauds. If you do NOT deliver what you promised/marketed, why do you REFUSE to make good by your customers and refund the unused portion of a Lifetime Subscription you decided to stop?

12 June 2023
Unprompted review
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Reply from Brownstone Research

Thank you for providing your feedback and letting us know about this issue, Elena. We care, and we want to make this better, please get in touch with us at (888) 512-0726. We would love the chance to resolve any issues.
Cheers,
Brownstone Research

Rated 1 out of 5 stars

Brownstone Unlimited…Gerald Haydel

Unless you have a lot of money stay away. I was very new to Investing In December 2020 when I listened to Jeff's pitch for the first time. I really wanted a foot In the door at 69 years old confused about toilet paper, food supply, thinking I was going to die from a new virus that kept me at home but Instead lost what little I had saved over time.

28 November 2022
Unprompted review
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Reply from Brownstone Research

Hi, Gerald. We are sorry that your experience wasn't ideal, but we thank you for sharing this with us. We care, and we want to make this better, please get in touch with us at (888) 493-3156. We would love the chance to resolve any issues.

Rated 1 out of 5 stars

Save yourself tens of thousands of…

Save yourself tens of thousands of dollars by avoiding this service! I spent over $5000 for the lifetime program, but lost much more than that in poor investments. Tens of thousands of dollars lost. Jeff Brown is very verbose but his investment advice is terrible. He was happy to take my $5000 and become a very wealthy man. I spent over $5000 for the “lifetime” premium program, but lost much more than that in poor investments. Tens of thousands of dollars lost. Every service was a massive loss. Jeff Brown is very verbose but his investment advice is terrible. He was happy to take my $5000 and become a very wealthy man but is not willing to give a refund when he jumped ship and moved on to find other suckers for his next “premium investment service”.
Don’t listen to him when he tells you he is a successful angel investor or has multiple degrees. He is great at selling himself and his services but the recommendations have cost me a fortune.
Brownstone should compensate the subscribers by refunding our investment for lifetime subscriptions.
We are left holding the bag and they get to keep our money.
I’m sure Jeff Brown could afford it!
Very disappointed!!

20 June 2023
Unprompted review
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Reply from Brownstone Research

Thank you for providing your feedback and letting us know about this issue, Robert. We care, and we want to make this better, please get in touch with us at (888) 512-0726. We would love the chance to resolve any issues.

Cheers,

Brownstone Research

Rated 1 out of 5 stars

I beg you to read this!!!

I have been a subscriber for over 5 years. This man couldn’t pick his nose let alone a good stock pick. He has promoted many (4 in the last 2 years) different research services. He will give these long drawn out presentations to get you hooked with a 100 examples of how much people have made,or could make, in the sector he’s promoting. I assure you you will not be one of those people. He will then take your money for the service (most of the time over 2k A YEAR!! for the “premium” services) and provide near nothing in return. He will write these extreme elaborate write ups for all his stock (or private investment) picks that will ultimately fail. In these write ups he will continually tell you things will get better until things have got beyond the point of no return then he will reverse course when it’s to late. By the. Everything is deprecated, he will start selling and “taking loses”. Of course he does not invest in anything he recommends because he’s such a class guy when in reality he has stole millions of dollars from people thinking he knew something. He always makes these claims “we” are going to sell for a loss. There’s no we, there’s no our, there’s me, and my money(and any other poor sole who bought his bs) flushed down the toilet. He heavily promoted 2 research services (early stage trader and a SPAC service) and charged a lot of money for them. With the exception of a few, every pick has failed miserably. Both portfolios were so bad and EVERYTHING he recommended was down so heavily he “got rid of them” and combined then with his other services. For every claim he makes about a positive return, he has 15-20 recommendations that have lost anyone who followed his advice anywhere between 60%-95% of their investment. All of a sudden he has everyone’s money and in the last year he has done zero promotions about any of his services. It’s because NONE of them are doing good. If you do your research there is absolutely NOTHING to credit this guy for anything he has done. If you wish to follow his advice that’s your prerogative but when you have lost most or all of your money because of him don’t say you weren’t warned. I beg you all to tell EVERYONE you know so other people don’t have to loose tens of thousands of hard earned dollars to someone who thinks they know something about investing , but don’t. Most people like myself don’t have a-lot to begin with then this joke of an “investment advisor” takes what you have left.

30 April 2023
Unprompted review
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Reply from Brownstone Research

Hi, TJ. We are sorry that your experience wasn't ideal, but we thank you for sharing this with us. We care, and we want to make this better, please get in touch with us at (888) 493-3156. We would love the chance to resolve any issues.

Rated 1 out of 5 stars

Awful please dont give them any of your money!

Awful. As many have mentioned they had a decent 2020 when everything was rising but have horrific results since then. 85% losses are normal for them. No idea of when to exit or even enter positions. Note they are often not investing in what they are recommending so have no urgency in positions falling in value. In addition to this they will sell your data to third party companies so you will be bombarded with spam until you delete your email address. To top it off they will even continue to attempt to bill you once you have requested to cancel the service.

17 February 2023
Unprompted review
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Reply from Brownstone Research

Hi, William. We are sorry to hear that we didn’t meet your expectations. We have very high expectations at Brownstone Research and would love the opportunity to assist you. Please get in touch with us at (888) 493-3156!

Rated 1 out of 5 stars

Stay away!!!!!, Stay away!!!!!

Dont pay them, they take your money for a very bad service plus they sell your data. Criminal. They are making fortune by cheating everybody, including me.

18 March 2023
Unprompted review
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Reply from Brownstone Research

Thank you for providing your feedback and letting us know about this issue, Jon. We set a high standard for ourselves and are truly sorry to hear that standard was not met in your interaction with us. Please get in touch with us on (888) 493-3156 and we'd be happy to help you out. We are happy to unsubscribe you from our promotional emails, however please provide us with more information so that we can locate your account.

Cheers,

Brownstone Research

Rated 1 out of 5 stars

Run for the hills when Jeff comes calling.

Just read Jeff was worth $27.5 million. That probably represents all the money he has lost for his clients. 56% 1⭐ is probably low. Worst investment advice ever. He makes it sound like your stocks will only grow. My overall account (Exponential Tech Investor) is down over 80%. Homology (Fixx) was a home run by Jeff and is down 92%. I think Jeff succeeded up to 2020 but since then has recommenfded losers only. That is the sign of nor a good investor but a lucky one. Now his luck he as run out and he has failed his investor clients. On top of that his customer service people are the worst. They absolutely violated their own guarantee on me when I subscribed for 2 years and one day later offered a lifetime subscription with people like me (current subscription holders of two services). Their 90 day guarantee to me was denied after I, not them, made repeated requests for this. That is the sign of bad service. So, yes, run for the hills if Jeff calls. He is the worst.

15 March 2023
Unprompted review
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Reply from Brownstone Research

Thank you for providing your feedback and letting us know about this issue, Mark. We set a high standard for ourselves and are truly sorry to hear that standard was not met in your interaction with us. Please get in touch with us on (888) 493-3156 and we'd be happy to help you out.

Cheers,

Brownstone Research

Rated 1 out of 5 stars

I canceled my subscription last year…

I canceled my subscription last year after not being satisfied with the products. I haven’t received an email in a year however, Brownstone took out a ridiculous annual fee for products I no longer get. How is possible that the advice and services do help you generate income but the still feel entitled to take funds for a cancelled service.

24 February 2023
Unprompted review
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Reply from Brownstone Research

Hi, A. We are sorry that your experience wasn't ideal, but we thank you for sharing this with us. We care, and we want to make this better. Please be advised that your subscription to The Near Future Report was renewed automatically as we did not receive any cancellation request over the phone or email despite the renewal notices sent to your email address at around 30 days, 15 days, 7 days, and 5 days before being charged on 2/24/2023. However, we have canceled your subscription and refunded the renewal charge since it is within our 30-day auto-renewal refund period. The refund amount should reflect the original form of payment within 5-7 business days. Kindly get in touch with us at (888) 493-3156 and we would love the chance to resolve any further issues.

Rated 1 out of 5 stars

TERRIBLE ADVICE AND RECOMMENDATIONS

Jeff Brown offered a service for SPACS (Blank Check Speculator). He said investments of newly formed companies would be profitable (protected "mandated money"). Paid for the service and Invested in 12 of his recommendations. All were losses. I WOULD NOT RECOMMEND HIS SERVICES. No stop loss. No consideration for client portfolios. He made money. We sustained losses of 90% in other services as well. So so arrogant and after all the losses he recommended a hedge fund to protect the remaining 10%. Really Jeff? That's the best you can do?

16 March 2022
Unprompted review
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Reply from Brownstone Research

Hi, Patti. We are sorry that your experience wasn't ideal, but we thank you for sharing this with us. We care, and we want to make this better, please get in touch with us at (888) 493-3156. We would love the chance to resolve or clarify any issues.

Rated 1 out of 5 stars

Very poor stab in the dark financial advice

Subscribed about 18 months ago and cancelled after the first year as the share tips were utter garbage. Jeff seems to have knack for tipping a share just before it falls off a cliff.

12 shares bought at prices below max limits to follow the JB portfolio. Only 3 show a profit at present however they are only in profit due to the fact the USD/GBP exchange rate swung so much in my favour so in fact not a single share is actually showing any profit.

Overall the return is -4.59% however the exchange rate fluctuation is masking the loss by another 16%.
In this same period I made a 17.5% gain on etoro using two copy portfolios.

I have not had any spamming problems that others have had nor did I have any problem contacting the company and cancelling.

The sales presentations should really have raised red flags though as they are long and drawn out with the old "just one more thing" scenario and "but i don't want to charge you that" speel.

28 May 2022
Unprompted review
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Reply from Brownstone Research

Hi, DN. We are sorry to hear that we didn’t meet your expectations. We have very high expectations at Brownstone Research and would love the opportunity to improve. Please get in touch with us at (888) 493-3156!

Rated 1 out of 5 stars

Absolute scam, they sell your email to anyone and then you are never out of it!!!!!

Absolute scam, you are given general google information, but the bad bits is that you put on email lists that bombard you on a daily basis with other crap scams. I was getting 30 emails a day from rubbish that I never subscribed to. I am still getting further emails from rubbish scam companies. They sell your email to anyone. Do not get involved!!!!

5 February 2023
Unprompted review
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Reply from Brownstone Research

Hi, Nick. We are sorry to hear that we didn’t meet your expectations. We have very high expectations at Brownstone Research and would love the opportunity to improve. Please get in touch with us with your email address so that we can remove you from our promotional l emails.

Rated 1 out of 5 stars

A lot of scam email from all finance…

After the cancellation of subscription, i got each day tonn of emails. It is not possible to cancel or opt-out from this list.
The whole communication with brownstone is terrible, they do not cancel my sub, after i already write it many times

1 August 2022
Unprompted review
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Reply from Brownstone Research

Thank you for your feedback Roman, we have sent you an email to get more information from you so that we can take acre of your request.

Rated 1 out of 5 stars

They operate a relentless spam mill…

They operate a relentless spam mill through hundreds of domains they've registered, most spam is generic investing click bait. Each domain is a Wordpress site that all have near identical layouts, just with small theme changes.

They use anonymity services to hide the details of who the domains belong too, but they've made mistakes and if you look at enough of them, it's easy to figure out the people responsible.

These are but a few of the hundreds of spam sites they operate:

hitmarkettoday.com
usnationtreasure.com
investinggurus.net
wallstreetburning.com
globalmarketindices.com
outmidonews.com
luckystockholder.com
2022Meltdown.com
FinancialCrash.net
hitmarkettoday.com
usnationtreasure.com
adlucrumnewsletter.com
hedgemarkettoday.com
investingskeeper.com
undergroundInvestors.com
multitradespace.com
americanmarketsource.com
themarketedges.com
topmarketresearch.net
kingofcashsecrets.com
techcrashes.com
AmericanConservativeGroup.com
globalfinanceturmoil.com
lucrativemarketnews.com
graindestruction.com
recessionnewsletter.com
theamericandreams.net
themarketcrash.net
greatinvestingtime.com
dailyvaluenews.com
smarttradingwiki.com
yourincomeguide.com
theprofitguards.com
newtradingrules.com
encloseandreceive.com
alohatraders.com
stockmarketsoutlook.com
options-genius.com
thewallstreettoday.net
manhattanwinner.com
fortunateinvestments.com
stock-derivatives.com
dailyprofitnews.com
dailycapitalnews.net
magicaltrade.net
stocks-journal.com
winnersinvesting.com
commodityreportersguild.com
insidermarketsense.com
freevoicegazette.com
goodbalancefeature.com
expos-investor.com
usincomereport.com
peakperformancemonday.com
sanfranciscotraders.com
....

Most of the hundreds of sites were registered 1-2 years ago. Avoid this company like the plague, they will do a canned response below, but it's all for show. They are spammers of a massive level and it'll catch up to them eventually.

14 January 2023
Unprompted review
Brownstone Research logo

Reply from Brownstone Research

Brownstone Research and it's affiliates are not associated with any services or products promoted or provided by the aforementioned.

Rated 1 out of 5 stars

Hidden annual fee

On January 2022 I subscribed $299 for the Brownstone Research NEAR FUTURE REPORT lifetime package - as stated.

Recently they revoked my access then email me that I need to pay $24 for annual maintenance.

After replaying that I was not being inform on the annual fee when I subscribed, now they cancel my subscription.

Practically the supposed $299 for a lifetime has gone for just a year access, while the cost for a year subscription was much less than that amount.

I did not recall any of the annual fee during the initial registration. If there were any, it would probably hidden somewhere that would be impossible for me to notice.

I feel like being tricked.
They have not been transparent from the beginning.

13 January 2023
Unprompted review
Brownstone Research logo

Reply from Brownstone Research

Hi, Muh. We are sorry to hear that we didn’t meet your expectations. We have very high expectations at Brownstone Research and would love the opportunity to improve. Please get in touch with us at (888) 493-3156!

Rated 1 out of 5 stars

lifetime membership with ANUAL FEE!

Brownstone research sold me a "lifetime" membership then wanted to charge $24 per month to maintain it! Their customer service policies are very inadequate. The only thing they would offer is to CANCEL my "lifetime" subscription.

10 January 2023
Unprompted review
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Reply from Brownstone Research

Hi, Tim. At Brownstone Research, we aim to provide positive experiences at all times. We do send out notifications prior to being charged for the annual Is there anything maintenance fee. Is there anything we could do to make it better? Please call us at (888) 493-3156!

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