Brown Advisory offers a wide range of services to families and individuals through its two subsidiaries, Brown Investment Advisory & Trust Company and Brown Advisory Securities.

Brown Investment Advisory & Trust Company provides two broad types of service for private clients:

• Comprehensive investment management on a discretionary basis. Capabilities include large-cap growth and value, small-cap growth and fixed income, plus access to a variety of additional styles and asset classes through our "selective open architecture" program. Fees are based on the assets under our supervision.
• Strategic advisory services that integrate both investment and non-investment issues. For clients in complex financial circumstances, we help diversify their holdings, balance their risk, assess their tax situations, and optimize their charitable giving. Our advisors select, evaluate and monitor outside investment managers, provide detailed performance reporting, and work closely with our clients' other professional advisors to ensure effective wealth management.

Brown Advisory Securities is a full-service, client-focused brokerage firm engaged in a variety of activities:

• Traditional brokerage accounts, including money market funds, check writing, and online account access
• Fee-based services including mutual fund consulting (with access to nearly 3,000 no-load and load-waived funds), performance reviews, access to a broad spectrum of other asset management services, strategic and tactical asset-allocation services
• Credit facilities including private credit lines (margin accounts) and banking services
• Investment research from Brown Advisory's analysts and Wachovia, Credit Suisse, Standard & Poors, Dorsey Wright (technical analysis), Moody's, Sanford Bernstein and Value Engine