Data / Investment advisers / Maryland / Brown Capital Management, LLC
Brown Capital Management, LLC, Baltimore, MD: $4.5 billion AUM, SEC registered investment adviser
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
Brown Capital Management, LLC is an SEC registered investment adviser with its main office in Baltimore, Maryland and reports $4.5 billion in regulatory assets under management in its Form ADV filed July 13, 2026. Its clients include investment companies, state and municipal governments and charitable organizations. It is paid through a percentage of assets under management and performance based fees.
The request: Watch Brown Capital Management, LLC (CRD number 105633): each new Form ADV amendment, with AUM, clients and private funds. $10 of work on sign-up, no card.
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- Registration
- SEC registered investment adviser
- CRD number
- 105633
- SEC file number
- 801-19287
- SEC status
- Approved, effective July 14, 1983
- Main office
- 1201 N Calvert St, Baltimore, MD 21202
- Phone
- (410) 837-3234
- Website
- browncapital.com
- Regulatory AUM
- $4,536,497,889 in the Form ADV filed July 13, 2026
- Discretionary AUM
- $4,536,497,889
- Accounts
- 33
- Employees
- 37, of which 13 give investment advice
- Form of organization
- Limited Liability Company
- Paid through
- a percentage of assets under management, performance based fees
- Form ADV Item 11 disclosures
- Reported: other Item 11 matters
- Latest Form ADV filing
- July 13, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Investment companies | 3 | $2.50 billion |
| State or municipal government entities | 11 | $1.17 billion |
| Charitable organizations | 10 | $402.3 million |
| Corporations or other businesses | 5 | $356.1 million |
| Pension and profit sharing plans | 2 | $63.9 million |
| Insurance companies | 1 | $50.3 million |
| High net worth individuals | 1 | $2 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $4.54 billion | March 31, 2026 |
| December 1, 2025 | $8.10 billion | March 28, 2025 |
Other advisers in Baltimore
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| 1919 Investment Counsel, LLC | Baltimore | $26.04 billion | Not listed | adviserinfo.sec.gov |
| Jmi Management, L.P. | Baltimore | $13.58 billion | 20 | adviserinfo.sec.gov |
| Brown Advisory Investment Solutions Group LLC | Baltimore | $9.84 billion | 406 | adviserinfo.sec.gov |
| D.F. Dent and Company, Inc. | Baltimore | $7.88 billion | Not listed | adviserinfo.sec.gov |
| T. Rowe Price (Canada), Inc. | Baltimore | $6.55 billion | Not listed | adviserinfo.sec.gov |
| Campbell & Company Investment Adviser LLC | Baltimore | $4.34 billion | 6 | adviserinfo.sec.gov |
| Lasalle Investment Management Securities | Baltimore | $3.33 billion | Not listed | adviserinfo.sec.gov |
| Adams Diversified Equity Fund, Inc. | Baltimore | $3.03 billion | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Baltimore, MD
- Investment advisers in Maryland
- Advisers with $1 billion to $10 billion in AUM
- Advisers serving investment companies
- Advisers serving state and municipal governments
- Brown Capital Management, LLC on the SEC's adviser search
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.