Investment adviser · CRD 110181

BROWN ADVISORY

Investment adviser filing (IA)

BROWN ADVISORY LLC

BALTIMORE, MD, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $124B
Client accounts: 26,390
Employees: 782
Advisory professionals: 272

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	2,484	$48,580,310,256	39.1%
Investment companies	6	$24,260,651,625	19.5%
Charities	683	$16,247,727,032	13.1%
Pooled investment vehicles	5	$15,693,735,885	12.6%
Corporations & businesses	363	$8,459,311,724	6.8%
Other investment advisers	55	$5,489,171,785	4.4%
Government entities	17	$2,710,149,669	2.2%
Retirement plans	57	$2,487,913,473	2.0%
Individuals	745	$240,520,288	0.2%
Insurance companies	Fewer than 5	$145,153,361	0.1%

Filing source

Form ADV 2039832 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

50+ Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

Browse the first 49 funds across 7 pages.

BROWN ADVISORY GLOBAL FOCUS MASTER FUND LTD.Other Private Fund · Last reported Mar 31, 2026$617MGross asset value

Feeder funds

Fund administrator CITCO FUND SERVICES (CAYMAN ISLANDS), LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GRAND CAYMAN, Cayman Islands

Custodian U.S. BANCORP MINNEAPOLIS, Minnesota, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS
PCAOB 1277

U.S. BANCORP
LEI 5493001WC5CQQI9L9G80

Fund details & source

Fund ID: 805-7521445417
Reported beneficial owners: 2
Minimum commitment: $250K
Form D file number: 021-294912

Form ADV 2039832 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BROWN ADVISORY INVESTORS SI INTERNATIONAL LLLPHedge Fund · Last reported Dec 21, 2015$112MGross asset value

Fund administrator U.S. BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BALTIMORE, Maryland, United States

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: No
Administrator other than the adviser: Yes
External marketing: No

Fund details & source

Fund ID: 805-6775373978
Reported beneficial owners: 27
Minimum commitment: $250K
Form D file number: 021-125032

Form ADV 963839 · Dec 21, 2015 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BROWN ADVISORY FUNDAMENTAL LONG/SHORT LLCHedge Fund · Last reported Dec 19, 2018$104MGross asset value

Form D fundraising filings

Brown Advisory Fundamental Long/Short Fund LLC

Fund administrator U.S. BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: Some (provided to some but not all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP BERMUDA, Bermuda

Custodian U.S. BANCORP MINNEAPOLIS, Minnesota, United States Related to adviser: No

Prime broker WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 1277

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-6614163126
Reported beneficial owners: 151
Minimum commitment: $250K
Form D file number: 021-147755

Form ADV 1258970 · Dec 19, 2018 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BROWN ADVISORY INVESTORS 2006 - SLP III, LLLPPrivate Equity Fund · Last reported Dec 21, 2015$101MGross asset value

Fund administrator U.S. BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BALTIMORE, Maryland, United States

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: No
Administrator other than the adviser: Yes
External marketing: No

Fund details & source

Fund ID: 805-9937548678
Reported beneficial owners: 161
Minimum commitment: $250K
Form D file number: 021-99032

Form ADV 963839 · Dec 21, 2015 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BROWNSAVANO DIRECT CAPITAL PARTNERS, LPOther Private Fund · Last reported Oct 27, 2014$65.7MGross asset value

Fund administrator VENTURE BACK OFFICE CARY, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA LLP RALEIGH, North Carolina, United States

Custodian AMERICAN STOCK TRANSFER AND TRUST CO., LLC BROOKLYN, New York, United States Related to adviser: No

Custodian JP MORGAN CLEARING CORP BROOKLYN, New York, United States Related to adviser: No

Custodian SQUARE 1 FINANCIAL DURHAM, North Carolina, United States Related to adviser: No

Prime broker J.P. MORGAN SECURITIES LLC BOSTON, Massachusetts, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

Fund details & source

Fund ID: 805-1144377578
Reported beneficial owners: 151
Minimum commitment: $250K
Form D file number: 021-149396

Form ADV 832719 · Oct 27, 2014 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BROWN ADVISORY INVESTORS 2015 - CRC IV (QP), LLLPPrivate Equity Fund · Last reported Dec 21, 2015$61.4MGross asset value

Fund administrator U.S. BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: No (provided to no investors) Related to adviser: No

Custodian U.S. BANCORP MINNEAPOLIS, Minnesota, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

Fund details & source

Fund ID: 805-8155488803
Reported beneficial owners: 222
Minimum commitment: $100K
Form D file number: 021-240435

Form ADV 963839 · Dec 21, 2015 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BROWN ADVISORY INVESTORS - 2003 - SLP, LLLPPrivate Equity Fund · Last reported Dec 21, 2015$56MGross asset value

Fund administrator U.S. BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BALTIMORE, Maryland, United States

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: No
Administrator other than the adviser: Yes
External marketing: No

Fund details & source

Fund ID: 805-6055693347
Reported beneficial owners: 169
Minimum commitment: $250K
Form D file number: 021-63743

Form ADV 963839 · Dec 21, 2015 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

901 SOUTH BOND STREET, SUITE 400
BALTIMORE, MD, 21231-3340, United States

CRD 110181

Filing source

Form ADV 2039832 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.