{ "crd_number": 168985, "slug": "brown-advisory-ltd-london-168985", "primary_business_name": "BROWN ADVISORY LTD.", "legal_name": "BROWN ADVISORY LTD.", "dbas": [], "city": "London", "state": null, "country": "United Kingdom", "cbsa_code": null, "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2014-12-03", "years_registered": 11, "period": "2026-10-01", "filing_date": "2026-03-30", "carried_forward": false, "raum_total": 26582600252.0, "raum_discretionary": 26249718852.0, "raum_non_discretionary": 332881400.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 110, "advisory_employees": 36, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 978282099.0, "count": 33 }, "individuals": { "raum": 116611694.0, "count": 358 }, "investment_companies": { "raum": 2597313733.0, "count": 1 }, "pension_profit_sharing": { "raum": 4645362328.0, "count": 12 }, "high_net_worth_individuals": { "raum": 2971032692.0, "count": 373 }, "pooled_investment_vehicles": { "raum": 10625488326.0, "count": 20 }, "corporations_other_businesses": { "raum": 4648509380.0, "count": 189 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://brownadvisory.com", "https://facebook.com/BROWNADVISORY", "https://instagram.com/brown_advisory?hl=en", "https://linkedin.com/company/brown-advisory", "https://twitter.com/BROWNADVISORY", "https://twitter.com/Bafunds", "https://youtube.com/channel/UCNGLuhyg0t_aL1bIpQ37nGQ" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168985", "city_as_filed": "LONDON", "url": "https://advisorcensus.com/firm/brown-advisory-ltd-london-168985", "display_name": "Brown Advisory Ltd.", "summary": "Brown Advisory Ltd. is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.", "citation": "AdvisorCensus. Brown Advisory Ltd. (CRD 168985): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Brown Advisory Ltd. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Brown Advisory Ltd. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Brown Advisory Ltd. located?", "a": "Brown Advisory Ltd.'s principal office is in London, United Kingdom, according to its Form ADV." }, { "q": "Is Brown Advisory Ltd. registered with the SEC or a state?", "a": "Brown Advisory Ltd. is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 168985." }, { "q": "How much does Brown Advisory Ltd. manage?", "a": "Brown Advisory Ltd. reports $26,582,600,252 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (99% discretionary)." }, { "q": "How have Brown Advisory Ltd.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Brown Advisory Ltd.: Regulatory assets under management: $5,151,257,766 in the October 2021 data and $26,582,600,252 in the October 2026 data, up 416%. Total employees: 54 in October 2021 and 110 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Brown Advisory Ltd. serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (373); individuals (other than high net worth individuals) (358); corporations or other businesses not listed above (189)." }, { "q": "Which custodians does Brown Advisory Ltd. use?", "a": "Brown Advisory Ltd.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon, SEI Investments (Europe) Limited and SEI Investments Guernsey Limited as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Brown Advisory Ltd. report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/168985" }, { "q": "What changed in Brown Advisory Ltd.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 30 to 36. Regulatory assets under management went from $19,410,513,815 to $26,582,600,252 (+37%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 5151257766.0, "total_employees": 54, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 8700134142.0, "total_employees": 68, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 7507834200.0, "total_employees": 75, "filing_date": "2023-07-28" }, { "period": "2024-10-01", "regulatory_assets_under_management": 14644665378.0, "total_employees": 83, "filing_date": "2024-03-30" }, { "period": "2025-10-01", "regulatory_assets_under_management": 19410513815.0, "total_employees": 89, "filing_date": "2025-03-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 26582600252.0, "total_employees": 110, "filing_date": "2026-03-30" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 30 to 36.", "Regulatory assets under management went from $19,410,513,815 to $26,582,600,252 (+37%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Bank of New York Mellon", "name_as_filed": "BANK OF NEW YORK MELLON", "affiliated": false }, { "name": "SEI Investments (Europe) Limited", "name_as_filed": "SEI INVESTMENTS (EUROPE) LIMITED", "affiliated": false }, { "name": "SEI Investments Guernsey Limited", "name_as_filed": "SEI INVESTMENTS GUERNSEY LIMITED", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/brown-advisory-ltd-london-168985.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 358, "fewer_than_5": false, "raum": 116611694.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 373, "fewer_than_5": false, "raum": 2971032692.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 2597313733.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 20, "fewer_than_5": false, "raum": 10625488326.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 12, "fewer_than_5": false, "raum": 4645362328.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 33, "fewer_than_5": false, "raum": 978282099.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 189, "fewer_than_5": false, "raum": 4648509380.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168985", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }