# Brown Brothers Harriman Mutual Fund Advisory Department

> Brown Brothers Harriman Mutual Fund Advisory Department is an SEC-registered investment advisory firm in New York, NY, registered since 2001, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 111231
- Filed as: BROWN BROTHERS HARRIMAN MUTUAL FUND ADVISORY DEPARTMENT
- Legal name: Brown Brothers Harriman & Co.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111231
- AdvisorCensus page: https://advisorcensus.com/firm/brown-brothers-harriman-mutual-fund-advisory-department-new-york-ny-111231

## Quick answers

**How is Brown Brothers Harriman Mutual Fund Advisory Department compensated?**
On its Form ADV (Item 5.E, October 2026), Brown Brothers Harriman Mutual Fund Advisory Department reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Brown Brothers Harriman Mutual Fund Advisory Department located?**
Brown Brothers Harriman Mutual Fund Advisory Department's principal office is in New York, NY, according to its Form ADV.

**Is Brown Brothers Harriman Mutual Fund Advisory Department registered with the SEC or a state?**
Brown Brothers Harriman Mutual Fund Advisory Department is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 111231.

**How much does Brown Brothers Harriman Mutual Fund Advisory Department manage?**
Brown Brothers Harriman Mutual Fund Advisory Department reports $7,152,290,266 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Brown Brothers Harriman Mutual Fund Advisory Department's assets and staff changed since 2021?**
In the Form ADV data for Brown Brothers Harriman Mutual Fund Advisory Department: Regulatory assets under management: $18,128,696,129 in the October 2021 data and $7,152,290,266 in the October 2026 data, down 61%. Total employees: 69 in October 2021 and 48 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Brown Brothers Harriman Mutual Fund Advisory Department serve?**
By number of clients on Form ADV Item 5.D: investment companies (6); pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Brown Brothers Harriman Mutual Fund Advisory Department report any disciplinary disclosures?**
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/111231

**What changed in Brown Brothers Harriman Mutual Fund Advisory Department's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 44 to 25. Regulatory assets under management went from $24,917,256,923 to $7,152,290,266 (-71%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $7,152,290,266
- Discretionary: $7,152,290,266
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 6 | $6,795,857,336 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $356,432,930 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2001 (25 years)
- Employees: 48 total, 25 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $18,128,696,129 | 69 | August 6, 2021 |
| October 2022 | $24,286,515,243 | 70 | April 22, 2022 |
| October 2023 | $18,167,355,362 | 67 | March 23, 2023 |
| October 2024 | $20,611,552,769 | 74 | March 25, 2024 |
| October 2025 | $24,917,256,923 | 71 | February 11, 2025 |
| October 2026 | $7,152,290,266 | 48 | March 30, 2026 |

Regulatory assets under management: $18,128,696,129 in the October 2021 data and $7,152,290,266 in the October 2026 data, down 61%.
Total employees: 69 in October 2021 and 48 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 44 to 25.
- Regulatory assets under management went from $24,917,256,923 to $7,152,290,266 (-71%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Brown Brothers Harriman Mutual Fund Advisory Department (CRD 111231): Form ADV filing data as of October 2026.