Transcranial Magnetic Stimulation has the potential to treat various neurological disorders non-invasively and safely. The “Halo coil” configuration can stimulate deeper regions of the brainwith lower surface to deep-brain field ratio compared to other coil configurations. The existing “Halo coil” configuration is fixed and is limited in varying the site of stimulation in the brain. We have developed a new system based on the current “Halo coil” design along with a graphicaluser interface system that enables the larger coil to rotate along the transverse plane. The new system can also enable vertical movement of larger coil. Thus, this adjustable “Halo coil” configuration can stimulate different regions of the brain by adjusting the position and orientation of the larger coil on the head. We have calculated magnetic and electric fields inside a MRI-derived heterogeneous head model for various positions and orientations of the coil. We have also investigated the mechanical and thermal stability of the adjustable “Halo coil” configuration for various positions and orientations of the coil to ensure safe operation of the system.