Brown Advisory Investment Solutions Group LLC is a large advisory firm based in Baltimore. It manages $4.53 billion of regulatory assets for 303 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Delaware, Maryland, and New York.
Brown Advisory Investment Solutions Group provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Brown Advisory Investment Solutions Group LLC is $4.53 billion. The firm's AUM has grown by 138% since the beginning of its operation, and $2.01 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Brown Advisory Investment Solutions Group LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Brown Advisory Investment Solutions Group is high net worth individuals with 15 clients and $2.43 billion of assets under management. Among the 9 most similar advisory firms, Brown Advisory Investment Solutions Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $4.53 billion for 172 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.
Brown Advisory Investment Solutions Group also advises several private funds. Namely, fourteen hedge funds, seven other private funds, and one hundred thirty six private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.
The company employs 14 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
The principal office where Brown Advisory Investment Solutions Group LLC performs its advisory services is located at 901 South Bond Street, Baltimore, MD 21231, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 410-537-5400 or by fax 410-537-6486. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at brownadvisory.com.