BROWN ADVISORY
BROWN ADVISORY LLC Legal Name
Adviser information for BROWN ADVISORY last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Maryland, United States |
Employees
| Total Number of Employees | 657 |
|---|---|
| Investment Advisory/Research | 267 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 26 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 9 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 22,632 | $96.5B |
| Non-Discretionary | 685 | $11.8B |
| Total | 23,317 | $108.3B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 900 | $295.6M |
| HNW Individuals | 2,131 | $37.2B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 5 | $20.8B |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 5 | $12.6B |
| Pension and profit sharing plans | 72 | $3.1B |
| Charitable organizations | 625 | $15.3B |
| State or municipal gov entities | 20 | $3.9B |
| Other investment advisers | 82 | $10.8B |
| Insurance companies | <5 | $293.6M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 170 | $4.1B |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 2 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 3.0B |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| WELLS FARGO MASTERS PROGRAM | WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC |
| JP MORGAN PORTFOLIO MANAGER PROGRAM (PMP) | J.P. MORGAN SECURITIES LLC |
| SCHWAB MARKETPLACE | CHARLES SCHWAB & CO., INC. |
| CHARLES SCHWAB MANAGED ACCOUNT SELECT | CHARLES SCHWAB & CO., INC. |
| CITIGROUP GLOBAL MARKETS FIDUCIARY SERVICES PROGRAM | CITIGROUP GLOBAL MARKETS INC. |
| UBS ADVISOR ALLOCATION PROGRAM | UBS FINANCIAL SERVICES INC. |
| GOLDMAN SACHS AND CO. GLOBAL MANAGER STRATEGIES SEPARATE ACCOUNT PROGRAM | GOLDMAN SACHS & CO. LLC |
| BAIRD RECOMMENDED MANAGERS PROGRAM | ROBERT W. BAIRD & CO. INCORPORATED |
| WELLS FARGO PRIVATE ADVISOR NETWORK | WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC |
| UBS MANAGED ACCOUNTS CONSULTING (MAC) | UBS FINANCIAL SERVICES INC. |
| UBS ACCESS PROGRAM | UBS FINANCIAL SERVICES INC. |
| UBS STRATEGIC WEALTH PORTFOLIO PROGRAM | UBS FINANCIAL SERVICES INC. |
| UBS INSTITUTIONAL CONSULTING PROGRAM | UBS FINANCIAL SERVICES INC. |
| RBC MANAGED ACCOUNT PLATFORM (MAP) | RBC CAPITAL MARKETS, LLC |
| JP MORGAN SECURITIES STRATEGIC INVESTMENT SERVICES (STRATIS) | J.P. MORGAN SECURITIES LLC |
| MERRILL LYNCH MANAGED ACCOUNT SERVICE | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED |
| WELLS FARGO BANK, NATIONAL ASSOCIATION | WELLS FARGO BANK |
| MORGAN STANLEY SELECT UMA PROGRAM | MORGAN STANLEY |
Principal Office
901 SOUTH BOND STREETSUITE 400
BALTIMORE
MD
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: 410-537-5400, Fax: 410-537-6486
Websites
twitter.com/bafunds
www.instagram.com/brown_advisory/?hl=en
twitter.com/brownadvisory
www.linkedin.com/company/brown-advisory
www.youtube.com/channel/ucngluhyg0t_al1bipq37ngq
www.brownadvisory.com/
www.linkedin.com/company/nextgen-venture-partners/
twitter.com/nextgenvp
www.facebook.com/brownadvisory/
Chief Compliance Officer
JULIE COLEMAN
DEPUTY GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER
901 SOUTH BOND STREET
SUITE 400
BALTIMORE
MD
United States
Tel:
443-873-5209
Fax:
410-537-6435
J*******@****************M
(Full email address available in API data)
Regulatory Contact
CHRISTIAN HAYES
COMPLIANCE MANAGER
901 SOUTH BOND STREET
SUITE 400
BALTIMORE
MD
United States
Tel:
667-219-2719
C*****@****************M
(Full email address available in API data)
Industry Affiliates
| BLUEPRINT LOCAL INVESTMENTS, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| BROWN ADVISORY | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| BROWN ADVISORY (IRELAND) | Sponsor, GP, manager of pooled investment vehicles |
| BROWN ADVISORY (SINGAPORE) PTE. LTD | Other investment adviser, including financial planners |
| BROWN ADVISORY INVESTMENT SOLUTIONS GROUP LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| BROWN ADVISORY LTD. | Other investment adviser, including financial planners |
| BROWN ADVISORY TRUST COMPANY OF DELAWARE, LLC | Trust company |
| BROWN INVESTMENT ADVISORY & TRUST COMPANY | Trust company |
| BROWN SAVANO JV, LLC | Other investment adviser, including financial planners |
| NEXTGEN OPPORTUNITY FUND GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| NEXTGEN VENTRES FUND III, GP LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| NEXTGEN VENTURE PARTNERS LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| NEXTGEN VENTURES FUND I GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| NEXTGEN VENTURES FUND II GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| BROWN ADVISORY GLOBAL FOCUS MASTER FUND LTD. | LONG-ONLY EQUITY FUND | $188.5M | $0.3M | 2 |
| BROWN ADVISORY GLOBAL FOCUS OFFSHORE FUND LTD | LONG-ONLY EQUITY FUND | $131.7M | $0.3M | 48 |
| BROWN ADVISORY GLOBAL FOCUS ONSHORE FUND LP | LONG-ONLY EQUITY FUND | $57.6M | $0.3M | 45 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HANKIN, MICHAEL, DAVID | Individual | – | PRESIDENT & CEO | 07/2007 | < 5% |
| CHURCHILL, DAVID, MICHAEL | Individual | – | CHIEF FINANCIAL OFFICER | 07/2007 | < 5% |
| BROWN ADVISORY MANAGEMENT LLC | Domestic Entity | – | HOLDING COMPANY AND MANAGING MEMEBER | 01/2012 | > 75% |
| BROWN ADVISORY INCORPORATED | Domestic Entity | BROWN ADVISORY MANAGEMENT LLC | UNIT HOLDER AND MANAGING MEMBER | 07/2008 | |
| ROGERS, BRETT, DAVID | Individual | – | GENERAL COUNSEL | 04/2010 | < 5% |
| BROWN ADVISORY GROUP HOLDINGS LLC | Domestic Entity | BROWN ADVISORY MANAGEMENT LLC | HOLDING COMPANY | 01/2016 | 25-50% |
| COLEMAN, JULIE, PROUDFIT | Individual | – | DEPUTY GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER | 03/2023 | < 5% |
| WHITE, WILLIAM, OBRIEN | Individual | – | CHIEF OPERATING OFFICER | 06/2023 | < 5% |