SEC Form ADV, by state
The largest investment adviser firms in Maryland
The current SEC Form ADV data lists 262 investment adviser firms headquartered in Maryland, of which 21 (8.0%) answered yes to at least one disciplinary or legal question on Form ADV Item 11. Below are the 50 largest by regulatory assets under management, a gross size measure each firm reports itself. Size is not a quality score, and no public record reports any firm's investment returns.
| Firm | City | Regulatory AUM | Fee methods | Item 11 disclosure |
|---|---|---|---|---|
| T. ROWE PRICE ASSOCIATES, INC. | BALTIMORE | $2.2T | % of AUMperformance | none reported |
| T.ROWE PRICE INVESTMENT MANAGEMENT, INC. | BALTIMORE | $204B | % of AUMperformance | none reported |
| BROWN ADVISORY | BALTIMORE | $124B | % of AUMfixedperformance | none reported |
| PROSHARE ADVISORS LLC | BETHESDA | $85B | % of AUM | none reported |
| PNC CAPITAL ADVISORS LLC | BALTIMORE | $51B | % of AUMfixed | yes, reported |
| CHEVY CHASE TRUST COMPANY | BETHESDA | $45B | % of AUMfixed | none reported |
| ASB CAPITAL MANAGEMENT LLC | BETHESDA | $37B | % of AUMperformance | none reported |
| 1919 INVESTMENT COUNSEL, LLC | BALTIMORE | $26B | % of AUMfixedother | none reported |
| ARLINGTON CAPITAL PARTNERS | BETHESDA | $18B | % of AUMperformance | none reported |
| DURABLE CAPITAL PARTNERS LP | BETHESDA | $18B | % of AUMperformance | none reported |
| ULLICO INVESTMENT ADVISORS, INC. | SILVER SPRING | $14B | % of AUM | none reported |
| JMI MANAGEMENT, L.P. | BALTIMORE | $14B | % of AUMperformance | none reported |
| ARTEMIS REAL ESTATE PARTNERS | CHEVY CHASE | $11B | % of AUMperformance | yes, reported |
| REALTERM | ANNAPOLIS | $11B | % of AUMperformanceother | none reported |
| BROWN ADVISORY INVESTMENT SOLUTIONS GROUP LLC | BALTIMORE | $9.8B | % of AUMfixedperformance | none reported |
| D.F. DENT AND COMPANY, INC. | BALTIMORE | $7.9B | % of AUM | none reported |
| MIDCAP FINANCIAL SERVICES CAPITAL MANAGEMENT, LLC | BETHESDA | $7.3B | % of AUM | none reported |
| HARBOR INVESTMENT ADVISORY, LLC | LUTHERVILLE | $6.9B | % of AUMhourlyfixed | none reported |
| T. ROWE PRICE (CANADA), INC. | BALTIMORE | $6.6B | % of AUMperformance | none reported |
| GREENSPRING ADVISORS, LLC | TOWSON | $6.5B | % of AUMfixed | none reported |
| T. ROWE PRICE ADVISORY SERVICES, INC. | OWINGS MILLS | $5.9B | % of AUMother | none reported |
| PROFUND ADVISORS LLC | BETHESDA | $5.2B | % of AUM | none reported |
| ASSET STRATEGY CONSULTANTS LLC | HUNT VALLEY | $5.2B | % of AUMhourlyfixedother | none reported |
| PENNINGTON PARTNERS & CO., LLC | BETHESDA | $5.1B | % of AUMhourlyfixedperformance | none reported |
| IMPACTASSETS CAPITAL PARTNERS PB LLC | BETHESDA | $4.9B | % of AUMfixedsubscription | none reported |
| G10 LLC | HUNT VALLEY | $4.9B | % of AUMperformance | none reported |
| HERITAGE INVESTORS MANAGEMENT CORP | BETHESDA | $4.6B | % of AUMhourlyfixed | none reported |
| VERDENCE CAPITAL ADVISORS, LLC | HUNT VALLEY | $4.6B | % of AUMhourlyfixed | none reported |
| HULL STREET ENERGY | BETHESDA | $4.6B | % of AUMperformance | none reported |
| BROWN CAPITAL MANAGEMENT, LLC | BALTIMORE | $4.5B | % of AUMperformance | none reported |
| INNOVATION X ADVISORS | ROCKVILLE | $4.5B | % of AUMperformance | none reported |
| CAMPBELL & COMPANY INVESTMENT ADVISER LLC | BALTIMORE | $4.3B | % of AUMperformance | none reported |
| NEW CENTURY ADVISORS, LLC | CHEVY CHASE | $4.3B | % of AUMperformanceother | none reported |
| FOUNDERS FINANCIAL SECURITIES, LLC | TOWSON | $4.1B | % of AUMhourlyfixedsubscription | yes, reported |
| FCP | CHEVY CHASE | $3.5B | % of AUMperformance | none reported |
| LASALLE INVESTMENT MANAGEMENT SECURITIES | BALTIMORE | $3.3B | % of AUMperformance | yes, reported |
| XML FINANCIAL GROUP | BETHESDA | $3.3B | % of AUMhourlyfixed | none reported |
| POTOMAC | BETHESDA | $3.3B | % of AUM | none reported |
| PROSPERITY - AN EISNERAMPER COMPANY | OWINGS MILLS | $3.2B | % of AUMhourlyfixed | yes, reported |
| ABRAMS BISON INVESTMENTS, L.L.C. | BETHESDA | $3.0B | % of AUMperformance | none reported |
| ADAMS DIVERSIFIED EQUITY FUND, INC. | BALTIMORE | $3.0B | other | none reported |
| BALTIMORE-WASHINGTON FINANCIAL ADVISORS | COLUMBIA | $3.0B | % of AUMother | none reported |
| GREENHOUSE FUNDS LLLP | BALTIMORE | $2.9B | % of AUMperformance | none reported |
| PATIENT CAPITAL MANAGEMENT, LLC | BALTIMORE | $2.5B | % of AUMperformance | none reported |
| ROCK SPRINGS CAPITAL | BALTIMORE | $2.4B | % of AUMperformance | none reported |
| FBB CAPITAL PARTNERS | BETHESDA | $2.4B | % of AUMhourlyfixed | none reported |
| ACCESS HOLDINGS MANAGEMENT COMPANY LLC | BALTIMORE | $2.3B | % of AUMfixedperformance | none reported |
| CORNERSTONE ADVISORY | HUNT VALLEY | $2.2B | % of AUMhourlyfixed | none reported |
| ENLIGHTENMENT CAPITAL | CHEVY CHASE | $2.1B | % of AUMperformance | none reported |
| ALBION RIVER | ROCKVILLE | $2.1B | % of AUMperformance | none reported |
Source: SEC Form ADV monthly data, firms reporting a Marylandheadquarters address. Fee-method chips are the compensation arrangements each firm checked on Item 5.E; the disclosure column is the firm's own answer to Item 11. Click through to any firm for the full record and a link to its SEC detail page.
Other states
Alabama·Alaska·Arizona·Arkansas·California·Colorado·Connecticut·Delaware·Washington, D.C.·Florida·Georgia·Hawaii·Idaho·Illinois·Indiana·Iowa·Kansas·Kentucky·Louisiana·Maine·Massachusetts·Michigan·Minnesota·Mississippi·Missouri·Montana·Nebraska·Nevada·New Hampshire·New Jersey·New Mexico·New York·North Carolina·North Dakota·Ohio·Oklahoma·Oregon·Pennsylvania·Rhode Island·South Carolina·South Dakota·Tennessee·Texas·Utah·Vermont·Virginia·Washington·West Virginia·Wisconsin·Wyoming