# Brown Advisory Securities

Brown Advisory Securities is a Multi Family Office based in Baltimore, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Baltimore, United States
- **Region:** North America
- **Address:** Baltimore, MD, United States
- **Founded:** 1993
- **Assets under management:** Undisclosed
- **Website:** brownadvisory.com
- **LinkedIn:** https://www.linkedin.com/company/brown-advisory

## Regulatory record

- **Reports private funds:** No

## About

Brown Advisory Securities is a wealth management firm based in Baltimore, Maryland. It focuses on investment services for clients in North America.

## Sectors

- Private Equity
- Real Estate
- Private Credit
- Hedge Funds

## Offices

- Washington, DC
- New York, NY
- London, UK
- Singapore

## People

- Mike Hankin — President and CEO
- David Churchill — Head of Private Equity

## Questions

### How is Brown Advisory structured differently from a bank-owned wealth manager?

Brown Advisory is employee-owned through a partnership model. Unlike bank-affiliated wealth managers, the firm does not distribute proprietary products or operate under a publicly traded parent company's earnings pressure. Investment decisions are made by the same partners who own the business, aligning portfolio construction with client outcomes rather than product-shelf revenue targets.

### Does Brown Advisory run direct private equity deals, or does it invest through funds?

Brown Advisory runs both direct co-investment vehicles and limited partnership structures for private equity. The firm's private equity group, led by David Churchill, targets direct investments in growth-stage and buyout companies, while also offering access to externally managed funds. This hybrid approach allows clients to avoid the full double-fee layer common in fund-of-funds models.

### What types of private-capital strategies does Brown Advisory offer?

The firm operates dedicated strategies across private equity, private credit, real estate, and hedge fund allocations. Real estate exposure includes mission-critical property types such as data centers. The credit platform focuses on middle-market direct lending, while hedge fund exposure is structured through managed portfolios of external managers rather than a single multi-strategy fund.

### Who runs investment decisions at Brown Advisory?

Mike Hankin serves as President and CEO with ultimate oversight of the firm's investment platform. David Churchill leads the private equity group and is the named decision-maker for direct private investments. The partnership structure means senior investment professionals hold equity in the firm, tying individual compensation to long-term client portfolio performance rather than transaction fees.

### Does Brown Advisory maintain philanthropic structures alongside its investment operations?

Yes, Brown Advisory runs a philanthropic advisory practice that operates alongside its investment platform. The firm advises clients on donor-advised funds, foundation structuring, and charitable trust vehicles. This practice is advisory only — Brown Advisory does not manage a separate 501(c)(3) foundation, which keeps philanthropic decision-making with the client families rather than internal trust committees.

## Related profiles

- [Broward Health](https://altss.com/profile/broward-health)
- [Brown Financial Management Group](https://altss.com/profile/brown-financial-management-group)

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Source record modified: 2026-07-06T01:24:13.139Z

Last verified: not supplied by this public snapshot.

## Sources and provenance

- Organization website as recorded: https://brownadvisory.com/
Source links do not imply that every field was verified on the page modification date. See [Altss methodology](https://altss.com/methodology).

Canonical page: https://altss.com/profile/brown-advisory-securities

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology