Brown Advisory Welcomes Logie Fitzwilliams as Co-CEO alongside Mike Hankin
Portfolio - People | Jan 14, 2025 | Brown Advisory Inc
Brown Advisory, a global investment management and strategic advisory firm, announced a significant change in its executive leadership, implementing a Co-CEO structure. Effective immediately, current CEO Mike Hankin will share leadership responsibilities with Logie Fitzwilliams. Fitzwilliams, who has been with the firm since 2003, most recently led the international business and global sales. The decision, backed by the Board of Directors, reflects a strategic move to better meet the needs of clients and expand the firm's global reach. Brown Advisory, which has grown significantly under Hankin's leadership, now oversees $170 billion in client assets and operates in 51 countries. Fitzwilliams brings extensive experience in international markets, aiming to integrate and elevate the firm's global strategies. The firm's longstanding commitment to maintaining a private, independent ownership structure—with significant employee equity—continues to be a cornerstone of its client-first ethos.
Sectors
- Investment Management
- Financial Advisory
Geography
- United States – The headquarters and a significant portion of Brown Advisory’s operations are based in the U.S., where they serve numerous clients across all states.
- United Kingdom – Brown Advisory has a significant office in London, and the international business strategy has been influenced from there, especially under Logie Fitzwilliams' leadership.
- Global – With operations in 14 offices and serving clients in 51 countries, Brown Advisory’s activities and client base are truly global.
Industry
- Investment Management – This sector focuses on managing client assets, investment decisions, and provides strategic financial advice, which is the core business of Brown Advisory.
- Financial Advisory – Brown Advisory serves as a strategic advisor, offering comprehensive financial advice to clients worldwide.
Financials
- $170 billion – Current client assets under management by Brown Advisory.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Brown Advisory Inc. | Company | Target Company | An independent investment management and strategic advisory firm overseeing $170 billion in client assets. |
| Mike Hankin | Co-CEO | People | Long-serving CEO who now shares leadership to continue the firm's growth and client service focus. |
| Logie Fitzwilliams | Co-CEO | People | Promoted to Co-CEO to enhance the firm's global strategy and operational management. |
| Bob Flanagan | Lead Director | People | Provided direction and oversight in the strategic decision to appoint Co-CEOs at Brown Advisory. |
| Bea Hollond | Director and Chair of the International Advisory Board | People | Supports and advises on international business strategies implemented by Logie Fitzwilliams. |
| Quintin Ings-Chambers | Head of International Business | People | Takes over international business operations, bringing extensive industry experience. |