BROWN ADVISORY LTD.

CRD 168985File 801-80609

APPROVED

Retail clients

Custody

Filing as of Mar 30, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$26.58B

Top 10% of cohort (national)

Discretionary AUM

$26.25B

Non-discretionary $332.9M

Clients

986

1,532 accounts

Employees

110

Identity & registration

ADV Item 1

Organization form: Other (specify)
Firm type: Registered
SEC region: HQ
Registration date: Dec 3, 2014
Principal office: 18 HANOVER SQUARE, 1ST FLOOR, LONDON, W1S 1JY
Phone: 44 203-301-8130
Website: HTTPS://WWW.FACEBOOK.COM/BROWNADVISORY

Assets & accounts

ADV Item 5F

Total regulatory AUM: $26.58B
Discretionary AUM: $26.25B
Non-discretionary AUM: $332.9M
Discretionary accounts: 1,360
Non-discretionary accounts: 172
Total accounts: 1,532
AUM per client: $27.0M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	189	$4.65B
Investment companies	1	$2.60B
Charitable organizations	33	$978.3M
High net worth individuals	373	$2.97B
Pooled investment vehicles	20	$10.63B
Pension and profit sharing plans	12	$4.65B
Individuals (other than high net worth individuals)	358	$116.6M

Compensation & activities

ADV Items 5E, 5G

Compensation

A percentage of assets under your management

Advisory activities

Portfolio management for businesses
Portfolio management for pooled investment vehicles
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: Yes
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: Yes
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.