other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}

Adviser Profile

As of Date 05/17/2024
Adviser Type - Large advisory firm
Number of Employees 40 -11.11%
of those in investment advisory functions 20 -16.67%
Registration SEC, Approved, 9/6/1994
AUM* 6,878,164,648 4.11%
of that, discretionary 6,845,526,514 7.63%
Private Fund GAV* 1,407,667,347 -4.45%
Avg Account Size 3,892,566 11.24%
% High Net Worth 63.36% -16.30%
SMA’s Yes
Private Funds 16
Contact Info 757 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
8B 7B 5B 4B 3B 2B 1B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$559,834,019
Fund TypePrivate Equity Fund Count13 GAV$493,959,363
Fund TypeOther Private Fund Count1 GAV$353,873,965

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser DIGITALBRIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund149.0m Liquidity Fund- Private Equity Fund35.1b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund37.6m Total Private Fund GAV35.2b AUM39.1b #Funds36
Adviser NAVIS CAPITAL Hedge Fund92.3m Liquidity Fund- Private Equity Fund4.4b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV4.5b AUM- #Funds26
Adviser WOLF RIVER CAPITAL MANAGEMENT, LLC Hedge Fund50.5m Liquidity Fund- Private Equity Fund141.7m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund52.1m Total Private Fund GAV244.3m AUM266.1m #Funds12
Adviser PICKERING ENERGY PARTNERS LP Hedge Fund9.3m Liquidity Fund- Private Equity Fund925.9m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund160.9m Total Private Fund GAV1.1b AUM1.4b #Funds14
Adviser KINGSWAY CAPITAL PARTNERS LIMITED Hedge Fund1.0b Liquidity Fund- Private Equity Fund3.3b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund6.6m Other Fund18.2m Total Private Fund GAV4.3b AUM- #Funds25
Adviser TOLLESON PRIVATE WEALTH MANAGEMENT Hedge Fund3.1b Liquidity Fund- Private Equity Fund606.8m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund1.5b Total Private Fund GAV5.2b AUM8.2b #Funds20
Adviser FORT WASHINGTON INVESTMENT ADVISORS INC Hedge Fund1.5b Liquidity Fund1.5b Private Equity Fund2.3b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund656.6m Total Private Fund GAV5.9b AUM79.5b #Funds41
Adviser OAK HARBOR CAPITAL, LLC Hedge Fund- Liquidity Fund- Private Equity Fund527.3m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund26.2m Total Private Fund GAV553.5m AUM553.5m #Funds16
Adviser SUN CAPITAL ADVISORS, L.P. Hedge Fund15.7m Liquidity Fund- Private Equity Fund6.6b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV6.6b AUM6.6b #Funds15
Adviser CHILTON INVESTMENT SERVICES, LLC Hedge Fund13.4m Liquidity Fund- Private Equity Fund38.9m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund123.1m Total Private Fund GAV175.4m AUM5.9b #Funds9

Brochure Summary

Overview

A. General Description of the Advisory Firm. Brown Advisory was founded in 1994 in Norfolk, Virginia. Brown Advisory is a wholly owned subsidiary of Brown Advisory Incorporated (“BAI”), a Maryland corporation, and an affiliate of Brown Advisory LLC (“Brown Advisory LLC”), a Maryland limited liability company (Brown Advisory, BAI, Brown Advisory LLC, collectively, and together with their affiliates, “Brown Advisory” or the “firm”). Additional information about Brown Advisory LLC is available on the SEC’s website at www.adviserinfo.sec.gov. B. Description of Advisory Services. Brown Advisory provides integrated wealth management services to high net worth individuals and their families, and to a small number of charitable trusts and foundations. These services are designed to assist our clients in identifying and realizing their investment objectives in coordination with their other professional advisors. Our offerings include the following: Investment Management Brown Advisory’s approach to investing is long-term, generally defined as a full market cycle, lasting 7 to more than 10 years. We invest globally in both active and passive strategies. We invest in active strategies with managers we believe have an identifiable edge in their investment process. Investments in passive strategies generally include ETFs and index funds, capturing market exposure with lower fees. We focus on risk as well as return, managing risk primarily by diversification and attention to valuation and we are willing to sacrifice on the upside in order to protect the downside. Across all strategies, Brown Advisory seeks to manage fees and taxes as part of our investment process. In addition to investment advisory services, we provide other services, including: Strategic Planning and Family Governance Brown Advisory assists clients in developing a strategic plan with measurable outcomes. This plan often includes documenting goals for future generations, outlining a process and implementing a plan for business succession, organizing family meetings, and educating children about financial matters. Cash Management Our cash management services include developing and tracking
budgets, providing bill-paying services and expense summaries, funding trusts and monitoring their distributions, and administering the processes around minimum required distributions and charitable giving. Income Tax Organization We assist in aggregating data for both individual and entity tax preparation by client CPAs and participate in tax planning with CPAs and other advisors. Risk Management Brown Advisory reviews certain security needs, analyzes insurance policies, assists in developing risk reduction strategies, and coordinates the details of insurance titling with estate plan and asset protection in mind. Estate and Wealth Transfer Planning We coordinate estate planning with other advisors and integrate a strategy of investments consistent with that plan, prepare illustrations and summaries of documents for grantors, trustees, and beneficiaries, and assist in estate settlement. Household Administration We assist in household administration, including employee confidentiality agreements, regulatory compliance, payroll processing, and health and retirement plan implementation for staff. Philanthropic Planning Brown Advisory advises on various charitable strategies, organizes and implements impactful giving plans, and coordinates execution tactics with legal and accounting advisors. C. Availability of Tailored Services for Individual Clients. Because each client’s planning needs are different, Brown Advisory tailors its services to the needs of each individual client. We design client portfolios to reflect different levels of risk and return, as well as a client’s need for liquidity, tolerance for concentrated positions in illiquid investments, and time horizon. Clients may impose restrictions on investing in certain securities or types of securities. We offer to meet with each client as often as necessary for the client to feel comfortable with the investment process and call each client to meet at least annually. D. Wrap Fee Program. Brown Advisory does not participate in wrap fee programs. E. Assets Under Management. As of December 31, 2023, Brown Advisory had approximately $6.9 billion in assets under management, of which approximately $6.8 billion is discretionary, and $32.6 million is non-discretionary.