Updated:
Brown Advisory Investment Solutions Group
BROWN ADVISORY INVESTMENT SOLUTIONS GROUP LLC is an SEC-registered investment adviser in BALTIMORE, MD, registered since 2003. The firm manages $9.8 billion in...
Brown Advisory Investment Solutions Group
BROWN ADVISORY INVESTMENT SOLUTIONS GROUP LLC is an SEC-registered investment adviser in BALTIMORE, MD, registered since 2003. The firm manages $9.8 billion in assets, with $4.7 billion managed on a discretionary basis. It has 24 employees and 18 investment advisers.
General information
Firm type
Asset Manager
Year founded
1993
Location
Region
North America
Country
United States
City
Baltimore
Corporate office
Baltimore, MD, United States
Additional offices
New York, NY · Washington, DC · London, UK · Singapore
Principals
Mike Hankin
President & CEO
Frequently asked questions
What is the relationship between Brown Advisory and the former Alex. Brown & Sons?
Brown Advisory was originally the investment management division of Alex. Brown & Sons, which was founded in 1800. In 1998, CEO Mike Hankin led a management buyout that separated the firm from its parent company. Since then, it has operated as an independent, employee-owned investment firm with no corporate parent.
How is the Investment Solutions Group structured within Brown Advisory?
The Investment Solutions Group functions as a dedicated outsourced CIO practice within the broader firm. It constructs and manages multi-asset portfolios for institutions and family offices, drawing on Brown Advisory's in-house equity and fixed income teams as well as external managers. The group operates with a flat structure where senior investors manage client relationships directly.
Does the Investment Solutions Group invest in private markets?
Yes. While the group's core allocations span public equities and fixed income, it also allocates to private equity, real assets, and hedge funds. The firm builds private market exposure through direct strategies and fund commitments, tailored to each client's liquidity and spending requirements.
What is Brown Advisory's approach to sustainable investing?
Brown Advisory offers dedicated sustainable investing strategies, including a large-cap sustainable growth equity mandate. The Investment Solutions Group can integrate ESG factors into multi-asset portfolios based on client preferences, though the overall approach remains grounded in fundamental research rather than thematic tilts.
Who runs investment decisions at the Investment Solutions Group?
Investment decisions are led by a senior team of portfolio managers who operate as a committee. The group avoids a star-manager structure and emphasizes consensus-driven asset allocation. The firm has not publicly designated a single CIO for the Investment Solutions Group, reflecting its flat organizational design.
Is Brown Advisory a family office?
No. Brown Advisory is an independent, employee-owned investment firm. Its Investment Solutions Group serves family offices among other institutional clients but does not function as a single- or multi-family office itself. The firm acts as a fiduciary investment manager rather than a private office consolidating family services.
How does employee ownership affect client relationships at Brown Advisory?
Roughly 400 current employees hold equity in the firm, including portfolio managers. This partnership structure is designed to limit asset-gathering pressure and keep portfolio managers focused on investment outcomes. For Investment Solutions Group clients, it means senior decision-makers have a direct ownership stake in the firm's long-term performance and reputation.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: