BALTIMORE, Jan. 15, 2013 /PRNewswire/ -- Brown Advisory, a leading independent investment management firm with approximately $33 billion in client assets, today announced the appointment of Malcolm MacColl as Partner in the firm's Boston office. Mr. MacColl will further strengthen the investment, client service and business development efforts for the firm's private, institutional and nonprofit clients in New England and nationally.
"Malcolm's insights will be very helpful to Dune Thorne and her team in Boston as they expand our business serving private clients and family offices," said Michael D. Hankin, President and CEO. "We are fortunate to be able to reinvest in our business and attract talented individuals like Malcolm, who will also uncover opportunities for us to serve institutions and nonprofits, whether in a single investment strategy or in an outsourced CIO capacity."
MacColl joins Brown Advisory from Crosswind Investments, an investment management firm he founded and led until selling it to the Lee Munder Capital Group in 2012. Prior to Crosswind, he was Co-Chief Executive Officer and Managing Principal of Essex Investment Management Company, LLC, a Boston-based firm with approximately $5 billion in assets. Before joining Essex, MacColl was a Managing Director at CS First Boston (now Credit Suisse) where he spent 18 years. From 1987 to 1994, he managed the firm's Boston office and had direct responsibility for fixed income sales, institutional equity research sales, sales trading and high-net-worth sales.
MacColl earned a BA in English from Trinity College-Hartford. He serves as an Independent Director for the Dundee Wealth Funds, now wholly owned by Scotia Bank in Toronto. He also served as a Trustee of the Belmont Hill School for 15 years where he chaired the Investment Committee overseeing the school's endowment.
About Brown Advisory
Brown Advisory (www.brownadvisory.com) is an independent investment management firm, with approximately $33 billion in client assets, with principal offices in Baltimore and Washington, D.C., as well as in Boston, Wilmington, Del., Chapel Hill, N.C., and London. The Firm's institutional and private clients are based in 49 states and 18 countries and are serviced by over 300 employees worldwide, all of whom are equity owners of the firm.
SOURCE Brown Advisory