ASAE adds Brown Advisory to Investment Solution for Associations
WASHINGTON— The ASAE Investment Management Program has expanded its offerings to include Brown Advisory. For ASAE member associations, this addition will increase access to professional investment management solutions and address the needs of the entire range of membership, from the smallest to the largest asset portfolios. Brown Advisory will be the recommended solution for associations with over $5 million in investible assets.
“With an increased emphasis on fiduciary responsibilities surrounding endowments and foundations, access to investment solutions that best meet the needs of our member organizations is paramount. ASAE brings to its members investment advisors that have met important investment and industry criteria needed for this customized solution.” said ASAE Business Services, Inc. President Betsy Piper/Bach.
Brown Advisory will provide a customized investment solution that aligns with an organizations’ overarching mission. In addition, Brown Advisory’s Strategic Advisory Group will work in a non-investment capacity to help Endowment and Foundation clients navigate any strategic transitions issues that may arise, including but not limited to donor-engagement strategies and advice on legal, accounting, and philanthropic issues.
Allan House, Portfolio Manager at Brown Advisory shared, “We seek to relieve investment committees of some of the heavy fiduciary burden weighing on them. We serve clients in a variety of ways, from fully discretionary relationships to situations where we act in a more consultative role. While every client and every relationship is different, our pledge is always the same: To help our clients achieve their investment objectives and empower them to fulfill their organizational missions.”
“The ASAE Investment Management Program is another way that ASAE is delivering on its commitment to engage with and support associations as well as the employees,” said ASAE President and CEO John H. Graham IV, FASAE,CAE.
To learn more about the ASAE Investment Management Program, visit asaebusinesssolutions.com/AIMS.html
MEDIA CONTACT: Lauren Precker, CAE, lprecker@asaecenter.org, 202-626-2735.
About Brown Advisory
Brown Advisory is an independent investment management firm committed to delivering a combination of first-class performance, strategic advice and the highest level of client service. With offices in Austin, Baltimore, Boston, the Carolinas, Delaware, London, New York, Singapore, Virginia and Washington, D.C, the firm serves private clients and institutions in 37 countries and is responsible for approximately $71 billion in client assets. Brown Advisory’s 650+ colleagues are all equity owners of the firm. For more information, please visit www.brownadvisory.com.
MEDIA CONTACT: Richard Gamper, rgamper@brownadvisory.com, 410-537-5560.
About ASAE
ASAE is a membership organization of more than 44,000 association executives and industry partners representing 7,400 organizations. Its members lead, manage, and work in or partner with organizations in more than a dozen association management disciplines, from executive management to finance to technology. Together, they create a vibrant community that makes the world smarter, safer, and better every day. With support of the ASAE Foundation, a separate nonprofit entity, ASAE is the premier source of learning, knowledge, and future-oriented research for the association and nonprofit profession and provides resources, education, ideas, and advocacy to enhance the power and performance of the association and nonprofit community. Visit ASAE at asaecenter.org.
About ASAE Business Services, Inc.
The mission of ASAE Business Services, Inc. (ABSI), is to be the trusted source for essential business services for associations and nonprofits. The wholly-owned subsidiary of ASAE, ABSI supports ASAE’s efforts to promote excellence in association management. For more information about ABSI, please visit absisolutions.com.