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RIA / WealthRegistered adviserother adviserSEC registeredRAUM 1b 10b

BROWN CAPITAL MANAGEMENT, LLC

CRD 105633

BALTIMORE, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:23d22ee3-a05c-c6d3-db96-7833adabe8d6

Data as of Jul 13, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:23 PM UTC and rebuilt at most every 15 minutes.

Relationships: 14
Dated events: 12
On other graphs: 0
Observed: Mar 30, 2012 to Jul 13, 2026
34 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: other adviserderivedprivate_client_share=0.0 fund_share=0.55 institutional_share=0.37 related_bd=false related_bank=false bd_reps=2.0
Regulatory AUM: $4.5BItem 5.F on the latest filing (2026-07-13); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $4.5B
Private client RAUM: $2.0MderivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 2
RAUM per advisor: $2.3Bderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 37
Advisory employees: 13
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 33
High net worth clients: 1
SEC number: 801-19287
CIK: 885062
CRD: 105633
Filings on the tape: 34
First filed: Mar 30, 2012
Latest filed: Jul 13, 2026
Organised: Limited Liability Company, MD
Website: browncapital.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
MAURICE LAMAR HAYWOOD	Chartered Financial Analyst	BALTIMORE, MD	1	31	n/a	no
DAMIEN LAWRENCE DAVIS	Chartered Financial Analyst	BALTIMORE, MD	1	16	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BROWN CAPITAL MANAGEMENT HOLDINGS, INC.	Member	E	yes	10/2016	Mar 30, 2017	Mar 29, 2024
BROWN, EDDIE, CARL	FOUNDER, EXECUTIVE CHAIRMAN, & SENIOR PORTFOLIO MANAGER	Na	yes	01/2012	Mar 30, 2012	Mar 29, 2024
BUNKLEY, JENNIFER, BROWN	Director	Na	yes	06/2011	Mar 30, 2017	Mar 29, 2024
BURKS, ROBERT, E	CHIEF COMPLIANCE OFFICER	Na	yes	02/2019	Feb 25, 2019	Mar 29, 2024
FORSTER, MICHAEL, LEONARD	COO, CFO	Na	yes	12/2019	Mar 30, 2020	Mar 29, 2024
KLAG, MICHAEL, J	Director	Na	yes	12/2019	Mar 30, 2021	Mar 29, 2024
LEE, KEITH, ALLISON	CEO, CIO & SENIOR PORTFOLIO MANAGER	Na	yes	01/2012	Mar 30, 2012	Mar 29, 2024
NEELEY, TSEDAL	Director	Na	yes	06/2020	Mar 30, 2021	Mar 29, 2024
YOUNG, ROBERT, L	PRESIDENT AND HEAD OF MARKETING AND SALES/CLIENT SERVICE	Na	yes	01/2023	Mar 31, 2023	Mar 29, 2024
ARGENT TRUST COMPANY	TRUSTEE OF BROWN CAPITAL MANAGEMENT ESOP TRUST	F	no	10/2016	Mar 30, 2017	Mar 29, 2024
BROWN CAPITAL MANAGEMENT ESOP TRUST	Shareholder	E	no	10/2016	Mar 30, 2017	Mar 29, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 15 of 16

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 31, 2026	$4.5B	$4.5B	37	13	0	n/a	n/a
2024	Mar 28, 2025	$8.1B	$8.1B	36	14	0	n/a	n/a
2023	Mar 29, 2024	$11B	$11B	37	16	0	n/a	n/a
2022	Mar 31, 2023	$11B	$11B	38	17	0	n/a	n/a
2021	Mar 29, 2022	$18B	$18B	38	17	0	n/a	n/a
2020	Mar 30, 2021	$18B	$18B	36	15	0	n/a	n/a
2019	Mar 30, 2020	$13B	$13B	37	14	0	n/a	n/a
2018	Mar 28, 2019	$11B	$11B	36	14	0	n/a	n/a
2017	Mar 28, 2018	$9.7B	$9.7B	37	13	0	n/a	n/a
2016	Mar 30, 2017	$8.6B	$8.6B	34	12	n/a	n/a	n/a
2015	Mar 29, 2016	$6.6B	$6.6B	34	11	n/a	n/a	n/a
2014	Mar 27, 2015	$6.9B	$6.9B	34	11	n/a	n/a	n/a
2013	Mar 31, 2014	$7.0B	$7.0B	34	13	n/a	n/a	n/a
2012	Mar 28, 2013	$4.9B	$4.9B	34	13	n/a	n/a	n/a
2011	Mar 30, 2012	$4.1B	$4.1B	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$4.5B	$8.1B	-44.0%	$11B	-24.7%	37	36	0	0

Relationships

Registered with (3)

← DAMIEN LAWRENCE DAVISAdvisorregistration: current employment
Jan 7, 2025 to presentfactForm ADV
← MAURICE LAMAR HAYWOODAdvisorregistration: current employment
Dec 2, 2024 to presentfactForm ADV
← EDWIN LUGOAdvisorregistration: previous registration
Aug 14, 2003 to Jul 21, 2006factForm ADV

Controls (9)

← BROWN, EDDIE, CARLOwnerFOUNDER, EXECUTIVE CHAIRMAN, & SENIOR PORTFOLIO MANAGER, ownership code NA, individual
Mar 30, 2012 to Mar 29, 2024factForm ADV
← LEE, KEITH, ALLISONOwnerCEO, CIO & SENIOR PORTFOLIO MANAGER, ownership code NA, individual
Mar 30, 2012 to Mar 29, 2024factForm ADV
← BURKS, ROBERT, EOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Feb 25, 2019 to Mar 29, 2024factForm ADV
← YOUNG, ROBERT, LOwnerPRESIDENT AND HEAD OF MARKETING AND SALES/CLIENT SERVICE, ownership code NA, individual
Mar 31, 2023 to Mar 29, 2024factForm ADV
← BUNKLEY, JENNIFER, BROWNOwnerDIRECTOR, ownership code NA, individual
Mar 30, 2017 to Mar 29, 2024factForm ADV
← FORSTER, MICHAEL, LEONARDOwnerCOO, CFO, ownership code NA, individual
Mar 30, 2020 to Mar 29, 2024factForm ADV
← KLAG, MICHAEL, JOwnerDIRECTOR, ownership code NA, individual
Mar 30, 2021 to Mar 29, 2024factForm ADV
← NEELEY, TSEDALOwnerDIRECTOR, ownership code NA, individual
Mar 30, 2021 to Mar 29, 2024factForm ADV
← BROWN CAPITAL MANAGEMENT HOLDINGS, INC.OwnerMEMBER, ownership code E, domestic entity
Mar 30, 2017 to Mar 29, 2024factForm ADV

Owns (2)

← ARGENT TRUST COMPANYOwnerTRUSTEE OF BROWN CAPITAL MANAGEMENT ESOP TRUST, ownership code F, domestic entity
Mar 30, 2017 to Mar 29, 2024factForm ADV
← BROWN CAPITAL MANAGEMENT ESOP TRUSTOwnerSHAREHOLDER, ownership code E, domestic entity
Mar 30, 2017 to Mar 29, 2024factForm ADV

Dated events

Occurred
Mar 31, 2026
Regulatory AUM changed
Brown Capital Management, Llc reported RAUM $4.5B, down 44% from $8.1B (2026-02-16 to 2026-03-31)
Form ADVobserved 4 days ago
$-3.6B
Occurred
Mar 31, 2023
Regulatory AUM changed
Brown Capital Management, Llc reported RAUM $10.6B, down 40% from $17.6B (2022-04-05 to 2023-03-31)
Form ADVobserved 4 days ago
$-7.0B
Occurred
Mar 31, 2023
Control person joined
L Robert Young (President And Head Of Marketing And Sales/Client Service) appeared on Schedule A of Brown Capital Management, Llc
Form ADVobserved 4 days ago
Occurred
Mar 30, 2021
Regulatory AUM changed
Brown Capital Management, Llc reported RAUM $18.5B, up 42% from $13.0B (2020-06-15 to 2021-03-30)
Form ADVobserved 4 days ago
$5.4B
Occurred
Mar 30, 2021
Control person left
Eugene Cecil Flamer (Chief Administrative Officer) no longer on Schedule A of Brown Capital Management, Llc (listed 2020-06-15, absent 2021-03-30)
Form ADVobserved 4 days ago
Occurred
Mar 30, 2021
Control person left
Elizabeth Bettina Doulton (Director) no longer on Schedule A of Brown Capital Management, Llc (listed 2020-06-15, absent 2021-03-30)
Form ADVobserved 4 days ago
Occurred
Mar 30, 2021
Control person left
Franklin Charles Henderson (Director) no longer on Schedule A of Brown Capital Management, Llc (listed 2020-06-15, absent 2021-03-30)
Form ADVobserved 4 days ago
Occurred
Mar 30, 2021
Control person joined
Tsedal Neeley (Director) appeared on Schedule A of Brown Capital Management, Llc
Form ADVobserved 4 days ago
Occurred
Mar 30, 2021
Control person joined
J Michael Klag (Director) appeared on Schedule A of Brown Capital Management, Llc
Form ADVobserved 4 days ago
Occurred
Mar 30, 2020
Control person joined
Leonard Michael Forster (Coo, Cfo) appeared on Schedule A of Brown Capital Management, Llc
Form ADVobserved 4 days ago
Occurred
Feb 25, 2019
Control person joined
E Robert Burks (Chief Compliance Officer) appeared on Schedule A of Brown Capital Management, Llc
Form ADVobserved 4 days ago
Occurred
Feb 25, 2019
Control person left
L. Donna Courtney (Chief Compliance Officer) no longer on Schedule A of Brown Capital Management, Llc (listed 2018-03-28, absent 2019-02-25)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:23d22ee3-a05c-c6d3-db96-7833adabe8d6
First observed: Mar 30, 2012
Last observed: Jul 13, 2026 2 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

BROWN CAPITAL MANAGEMENT, LLC

CRD 105633

BALTIMORE, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:23d22ee3-a05c-c6d3-db96-7833adabe8d6

Data as of Jul 13, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:23 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

MAURICE LAMAR HAYWOOD

Chartered Financial Analyst

BALTIMORE, MD

n/a

DAMIEN LAWRENCE DAVIS

Chartered Financial Analyst

BALTIMORE, MD

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BROWN CAPITAL MANAGEMENT HOLDINGS, INC.

Member

yes

10/2016

Mar 30, 2017

Mar 29, 2024

BROWN, EDDIE, CARL

FOUNDER, EXECUTIVE CHAIRMAN, & SENIOR PORTFOLIO MANAGER

yes

01/2012

Mar 30, 2012

Mar 29, 2024

BUNKLEY, JENNIFER, BROWN

Director

yes

06/2011

Mar 30, 2017

Mar 29, 2024

BURKS, ROBERT, E

CHIEF COMPLIANCE OFFICER

yes

02/2019

Feb 25, 2019

Mar 29, 2024

FORSTER, MICHAEL, LEONARD

COO, CFO

yes

12/2019

Mar 30, 2020

Mar 29, 2024

KLAG, MICHAEL, J

Director

yes

12/2019

Mar 30, 2021

Mar 29, 2024

LEE, KEITH, ALLISON

CEO, CIO & SENIOR PORTFOLIO MANAGER

yes

01/2012

Mar 30, 2012

Mar 29, 2024

NEELEY, TSEDAL

Director

yes

06/2020

Mar 30, 2021

Mar 29, 2024

YOUNG, ROBERT, L

PRESIDENT AND HEAD OF MARKETING AND SALES/CLIENT SERVICE

yes

01/2023

Mar 31, 2023

Mar 29, 2024

ARGENT TRUST COMPANY

TRUSTEE OF BROWN CAPITAL MANAGEMENT ESOP TRUST

10/2016

Mar 30, 2017

Mar 29, 2024

BROWN CAPITAL MANAGEMENT ESOP TRUST

Shareholder

10/2016

Mar 30, 2017

Mar 29, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 31, 2026

$4.5B

n/a

2024

Mar 28, 2025

$8.1B

n/a

2023

Mar 29, 2024

$11B

n/a

2022

Mar 31, 2023

$11B

n/a

2021

Mar 29, 2022

$18B

n/a

2020

Mar 30, 2021

$18B

n/a

2019

Mar 30, 2020

$13B

n/a

2018

Mar 28, 2019

$11B

n/a

2017

Mar 28, 2018

$9.7B

n/a

2016

Mar 30, 2017

$8.6B

n/a

2015

Mar 29, 2016

$6.6B

n/a

2014

Mar 27, 2015

$6.9B

n/a

2013

Mar 31, 2014

$7.0B

n/a

2012

Mar 28, 2013

$4.9B

n/a

2011

Mar 30, 2012

$4.1B

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$4.5B

$8.1B

-44.0%

$11B

-24.7%