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 INVESTORS 2015 - ENERGY X, LLLPPrivate Equity Fund · Last reported Dec 21, 2015$9.58MGross 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: 805-4217090125
Reported beneficial owners: 35
Minimum commitment: $100K
Form D file number: 021-236503

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 - 2004-BSMC, LLLPOther Private Fund · Last reported Dec 21, 2015$9.55MGross 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: 805-2049385946
Reported beneficial owners: 9
Minimum commitment: $250K

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 2010-EIG XV, LLLPPrivate Equity Fund · Last reported Dec 21, 2015$9.4MGross 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

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: 805-6794466590
Reported beneficial owners: 49
Minimum commitment: $250K
Form D file number: 021-153451

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 2012 - EFM II, LLLPPrivate Equity Fund · Last reported Dec 21, 2015$9.13MGross 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: 805-8468392748
Reported beneficial owners: 46
Minimum commitment: $250K
Form D file number: 021-178557

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 2013 - QP RE, LLLPPrivate Equity Fund · Last reported Dec 21, 2015$9.11MGross 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: 805-8508850965
Reported beneficial owners: 43
Minimum commitment: $250K
Form D file number: 021-203344

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 EMERGING MARKETS LLLPHedge Fund · Last reported Apr 1, 2013$9.05MGross asset value

Form D fundraising filings

Brown Advisory Emerging Markets LLLP

Auditor BDO USA, LLP RALEIGH, North Carolina, United States

Provider details

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

Fund details & source

Fund ID: 805-6860900223
Reported beneficial owners: 38
Minimum commitment: $250K
Form D file number: 021-140295

Form ADV 701048 · Apr 1, 2013 · 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 2014 - CHARLESBANK VIII, LLLPPrivate Equity Fund · Last reported Dec 21, 2015$8.97MGross 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: 805-5679929462
Reported beneficial owners: 47
Minimum commitment: $100K
Form D file number: 021-229922

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.