BROWN ADVISORY

RIASEC RegisteredEst. 1994
Total AUM
$7.6B
Discretionary
$7.5B
99% of AUM
Avg account
$4.7M
Accounts
1,606
Employees
36
Advisory reps
23

Firm details

Headquarters
NORFOLK, Virginia
CRD number
106375
Registered since
September 6, 1994
Custodians
THE BANK OF NEW YORK MELLON, FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees, Performance Based Fees
Client types
  • HNWI73.26%
  • Pooled Investment Vehicles21.93%
  • Corporations / Businesses2.75%
  • Charitable Organizations1.97%
  • Individuals0.08%
Services
Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

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Overview

Brown Advisory operates as a multi-strategy investment manager and independent RIA that blends discretionary portfolio management with active fund sponsorship and capital allocation. The firm runs pooled vehicles and separate accounts for both individual/family and institutional clients, and it serves as a selector of external managers in addition to running in-house strategies. Its business mix includes hedge fund and private equity sponsorship alongside traditional advisory services; fee arrangements include percentage-of-AUM, fixed fees and performance-based fees, reflecting a mix of client mandates and pooled-product economics. Investment activity is tilted heavily toward private and alternative investments. The firm’s preferred manager allocations include private equity, venture capital, hedge funds, real estate and private credit, and it also uses third-party mutual funds and fund-of-funds structures where appropriate. Brown Advisory emphasizes discretionary portfolio placement for pooled vehicles and institutional mandates while retaining capacity to deploy non-discretionary relationships on a smaller scale.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Private Funds 62%, Exchange Traded Equities 16%, Public Funds/Mutual Funds 11%, State & Local Bonds 6%, Cash & Cash Equivalents 4%, Non-Exchange Traded Equities 1%, US Government Bonds 1%62%
  • Private Funds62%
  • Exchange Traded Equities16%
  • Public Funds/Mutual Funds11%
  • State & Local Bonds6%
  • Cash & Cash Equivalents4%

Owners & executives

3 of 5
  • VICTOR FERNANDEZ

    Chief Compliance OfficerCRD 4652014

  • LOGIE FITZWILLIAMS

    Co-CEO, PartnerCRD 4747501

  • SHANNON PIERCE

    Chief Financial OfficerCRD 5017028

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Contacts

3 of 18
  • Teague Avey

    PartnerCRD 6630058

  • SEAN MEEHAN

    Strategic AdvisorCRD 2842132

  • ROSE BENNETCH

    Private Client Relationship AdvisorCRD 4669911

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

NORFOLK, VA

NORFOLK CITY

Location

NORFOLK, VA

Headquartered in NORFOLK, VA, anchoring the Virginia Beach-Norfolk, VA-NC metro in the South.

Metro area
Virginia Beach-Norfolk, VA-NC
Region
South
County
NORFOLK CITY
Address
101 W Main St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth