Brown Investment Advisory Incorporated (Baltimore)

Name: Brown Investment Advisory Incorporated
Address: 901 South Bond Street, Suite 400, Baltimore, MD, 21231 3340
Telephone: 410-537-5400

Brown Investment Advisory Incorporated is a large advisory firm based in Baltimore. It manages $7.59 billion of regulatory assets for 1,174 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Connecticut, District of Columbia, and 12 other states.

Brown Investment Advisory Incorporated provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, pension consulting services, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Brown Investment Advisory Incorporated: assets under management

The assets under management (AUM) of Brown Investment Advisory Incorporated is $7.59 billion. The firm's AUM has grown by 644% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.35 billion in discretionary accounts and $245.18 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.85 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.43 million.

Brown Investment Advisory Incorporated has custody of $3.23 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brown Investment Advisory Incorporated for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Brown Investment Advisory Incorporated

Richard Mark Bernstein has been acting as President since 1 Feb 2006. Brett David Rogers joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael D Hankin	President & director	1 Nov 1995	Other	2339625
Brown Investment Advisory & Trust Company	Sole stockholder	1 Jul 1998	75% - 100%	52-1811121
David Michael Churchill	Treasurer & director	1 Jul 1998	Other	2094155
Iii Edward Klein Dunn	Secretary & director	1 Mar 2000	Other	2420053
Patrick Joseph Ventura	Chief compliance officer	1 Oct 2004	Other	2559378
Richard Mark Bernstein	Director	1 Feb 2006	Other	1220393
Geoffrey R. B. Carey	Director	1 Feb 2006	Other	1848831
Paul Joseph Chew	Director	1 Feb 2006	Other	2651132
Joseph Michael Connelly	Chief operating officer	1 Feb 2006	Other	2010897
Christopher Philip Laia	General counsel & secretary	1 Feb 2006	Other	2837101
Nancy Inter Denney	Chief compliance officer	1 Nov 2008	Other	1655412
Brett David Rogers	Chief compliance officer	1 Apr 2010	Other	4641164

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Brown Capital Holdings Incorporated	Shareholder common stock	1 Jul 1998	75% - 100%	52-2112409
Brown Advisory Holdings Incorporated	Shareholder common stock	1 Jul 1998	75% - 100%	52-2112409

Based in Baltimore

The principal office where Brown Investment Advisory Incorporated performs its advisory services is located at 901 South Bond Street, Suite 400, Baltimore, MD 21231 3340, which is also the mailing address of the firm. An additional office of the firm is in Chevy Chase, MD. 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 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.brownia.com.