"We believe we are creating a local investment advisory practice with unparalleled capabilities, and one that will bring significant and long-term benefit for clients. Furthermore, we think Brown Advisory now represents the only privately-owned, independent investment advisory firm in Austin with the resources and expertise to address thoughtfully the full range of client needs across investment management, strategic estate and tax planning, and multigenerational trust services," said Ian McAbeer, partner, portfolio manager and head of Brown Advisory's Austin office.
"Having grown up in Austin and now raising my family here, I am thrilled the seven of us will further support our community's entrepreneurial ecosystem with a meaningful local presence. Together, we believe we are bringing a forward-thinking commitment to clients that will endure for the long term," said Jonathan Levy, partner and portfolio manager.
Most importantly for all of the parties involved, the two groups share Brown Advisory's DNA, have a proven dedication to placing client interests above all else, and strive to make a positive impact in the Austin community.
Ian further reflects on why the two teams chose to join forces at Brown Advisory, "we are confident that both current and future clients, many of whom are entrepreneurs, executives and professionals, will see enormous value from the combination of Brown Advisory's global resources, and our new Austin team's local insight and relationships."
"Throughout our firm's history, our clients' success has proven to be all about the people," said Mike Hankin, president and CEO of Brown Advisory. "When we meet good folks with similar missions and a vision for building something impactful for their clients and communities, a decision to invest in them becomes relatively easy. In this instance, not only do we believe Brown Advisory can and will be helpful to the leaders of Austin, we fully expect the Austin perspective to be helpful to our clients across the globe."
About Brown Advisory
Brown Advisory is an independent investment firm committed to providing its clients with a combination of first-class investment performance, strategic advice, and the highest level of service. Founded in 1993 as an affiliate of Alex. Brown & Sons, a leading U.S. investment bank, Brown Advisory became independent in 1998.
Today the firm serves private clients and institutions in 34 countries from, now, eight offices globally. The firm's colleague equity ownership, experienced investment professionals, collaborative investment process, and client-first culture help to make a material difference in the lives of its clients. For more information, please visit www.brownadvisory.com
AUSTIN • BALTIMORE • BOSTON • CHAPEL HILL • LONDON • NEW YORK • WASHINGTON, DC • WILMINGTON, DE
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SOURCE Brown Advisory