Asset management companies in Maryland play a vital role in managing investments for various clients, ranging from individuals to institutions. These firms offer services like investment management, financial planning, and advisory solutions tailored to clients' specific needs. As the financial landscape evolves, Maryland's asset management sector is increasingly integrating technology, quantitative analysis, and specialized funds to add value for clients. The focus is shifting toward alternative investments and sustainable practices, reflecting broader market trends. Many firms are enhancing their service offerings, leveraging insights from data analytics to optimize investment decisions and improve client relationships.


This compilation features 21 asset management companies across Maryland, highlighting their unique attributes. Ranging in size from small boutique firms to larger, well-established institutions, they were founded between the 1970s and 2010s. Headquartered in cities such as Baltimore, Bethesda, and Rockville, these firms specialize in various areas, including sustainable investments, fund management, and advisory services. Despite their differences, they share a strong commitment to understanding and meeting their clients' financial goals.


Read on to discover more about Maryland's top asset management companies.


Top 21 Asset Management Companies in Maryland


1. Brown Advisory

  • Website: brownadvisory.com
  • Ownership type: Private
  • Headquarters: Baltimore, Maryland, United States (USA)
  • Employee distribution: United States (USA) 87%, United Kingdom (UK) 12%
  • Founded year: 1993
  • Headcount: 1001-5000
  • LinkedIn: brown-advisory

Brown Advisory is an independent investment management and strategic advisory firm based in Baltimore, Maryland, founded in 1993. With a workforce of over 1,100 employees, the firm serves a wide array of clients, including individuals, families, family offices, endowments, foundations, and institutions. They specialize in discretionary investment management and financial planning, helping clients navigate complex investment challenges. The firm operates with a strong commitment to sustainability and community impact, reflecting a modern approach to investment that resonates with many clients today. Brown Advisory is also known for its collaborative culture, where all employees are equity owners, ensuring alignment of interests between the firm and its clients. Their focus on thoughtful investing, characterized by rigorous research and a long-term perspective, further solidifies their position in the asset management industry.


2. ProFund Advisors LLC

  • Website: profunds.com
  • Ownership type: Private
  • Headquarters: Bethesda, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1997
  • Headcount: 51-200
  • LinkedIn: profund-advisors-llc

ProFund Advisors LLC, established in 1997 and based in Bethesda, Maryland, is an investment management firm that specializes in a wide array of mutual funds. The company offers products that include classic mutual funds, inverse funds, and crypto-linked funds, catering to the needs of individual investors and financial professionals alike. ProFunds is particularly known for its innovative approach to fund management, including the provision of leveraged and inverse funds that track various equity and non-equity benchmarks. Their partnership with ProShares, which pioneered leveraged and inverse exchange-traded funds (ETFs) in the U.S., further solidifies their position in the market. ProFunds aims to provide trading flexibility to shareholders, allowing them to navigate different market conditions effectively. The firm has not reported any recent funding, indicating a self-sustaining business model.


3. Greenspring Advisors

  • Website: greenspringadvisors.com
  • Ownership type: Private
  • Headquarters: Towson, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2004
  • Headcount: 11-50
  • LinkedIn: greenspring-advisors

Greenspring Advisors, established in 2004 and based in Towson, Maryland, is a private financial advisory firm specializing in investment management and wealth management services. With a dedicated team of around 44 employees, the firm provides customized financial planning and retirement solutions tailored to the unique needs of private investors, fiduciaries, and nonprofit organizations. Greenspring operates under a fee-only model, ensuring that their advice is objective and free from conflicts of interest. They are committed to fiduciary responsibility, meaning they prioritize their clients' best interests in all financial matters. The firm also offers services in corporate retirement plan management and consulting for endowments and foundations, showcasing their expertise in both individual and institutional investment strategies. Greenspring Advisors has a strong focus on client relationships, emphasizing personalized service and a deep understanding of clients' goals. Their community involvement is notable, as they allocate a portion of their profits to local charities, reinforcing their commitment to social responsibility.


4. UG Investment Advisers

  • Website: ugfunds.com
  • Ownership type: Private
  • Headquarters: Bethesda, Maryland, United States (USA)
  • Employee distribution: China 37%, Taiwan 27%, Singapore 27%, Other 10%
  • Founded year: 1998
  • Headcount: 51-200
  • LinkedIn: ug-investment

UG Investment Advisers, based in Bethesda, Maryland, is an investment management firm that specializes in asset management and investment strategies. Established in 1998, the company has built a reputation for serving institutional investors and high-net-worth individuals. With a focus on optimizing investment returns and navigating market volatility, UG Investment Advisers has received multiple awards for its fund management capabilities. The firm manages approximately $3.46 billion in assets, showcasing its operational scale. It has also expanded its footprint internationally, with research offices in Taiwan and Singapore, reflecting its commitment to understanding and capitalizing on market opportunities in the Asia-Pacific region. UG Investment Advisers is registered with the SEC and adheres to industry standards, ensuring compliance and governance in its operations. Their investment approach combines fundamental analysis, credit risk assessment, and big data analytics, which supports their goal of delivering superior performance through managed funds.


5. Profit Investments

  • Website: profitfunds.com
  • Ownership type: Private
  • Headquarters: Rockville, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1996
  • Headcount: 1-10
  • LinkedIn: profit-investment-management

Profit Investments, based in Rockville, Maryland, is an investment management firm that has been operational since 1996. The company specializes in managing large-cap, small-cap, and socially responsible portfolios tailored for institutional clients. With a strong emphasis on identifying mispriced securities, Profit Investments employs a rigorous research process to enhance investment performance. The firm is committed to a long-only strategy, focusing on domestic equity with a growth bias. Their investment philosophy revolves around acquiring stocks that trade at a discount to their intrinsic value, supported by a thorough evaluation process that combines both quantitative and qualitative analysis. The team, led by Eugene Profit, boasts over two decades of experience in portfolio management, which contributes to their ability to generate alpha through disciplined stock selection. Profit Investments also adheres to Global Investment Performance Standards (GIPS®), ensuring transparency and accountability in their performance reporting.


6. DF Dent & Company

  • Website: dfdent.com
  • Ownership type: Private
  • Headquarters: Baltimore, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1976
  • Headcount: 11-50
  • LinkedIn: df-dent-%26-company

DF Dent & Company, based in Baltimore, Maryland, is an investment management firm that has been providing investment advice since 1976. The company specializes in managing concentrated, low-turnover portfolios, focusing on quality growth equity investing. DF Dent serves a wide range of clients, including institutions, endowments, pensions, and individual investors. With a strong emphasis on long-term financial success, the firm offers separately managed accounts and mutual funds tailored to meet client objectives. DF Dent prides itself on its employee-owned structure, which fosters a culture of integrity and discipline among its 33 employees. The firm has grown its asset base to approximately $9.7 billion, primarily through appreciation and client referrals, reflecting its effectiveness in the investment management space. Their investment philosophy is rooted in the belief that real wealth is created through the power of compounding, focusing on companies that demonstrate consistent growth in earnings per share over time.


7. Advisors Preferred


Advisors Preferred, based in Rockville, Maryland, is an investment management firm that has been operational since 2011. The company specializes in mutual funds and advisory services, providing essential expertise and resources to financial professionals and asset managers. Their mission revolves around creating customized investment strategies tailored to the specific needs of their clients. Advisors Preferred has made a mark in the industry by launching several mutual funds that have received accolades for their performance, including recognition from Morningstar. This highlights their capability to compete effectively in the asset management space. The firm operates with a team of 11-50 employees, ensuring a focused approach to client service and fund management. Advisors Preferred is registered with the SEC and operates in multiple states, reinforcing its legitimacy and commitment to regulatory standards.


8. ProShares

  • Website: proshares.com
  • Ownership type: Private
  • Headquarters: Bethesda, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1999
  • Headcount: 51-200
  • LinkedIn: proshare-advisors-llc

ProShares, founded in 1999 and based in Bethesda, Maryland, is an investment management company that specializes in exchange-traded funds (ETFs). The firm has been at the forefront of the ETF market since 2006, offering a wide array of investment strategies that cater to various investor needs. ProShares manages over $75 billion in assets, showcasing its significant presence in the industry. The company provides products that include geared ETFs, which aim to amplify returns, as well as dividend growth and crypto-linked offerings. ProShares serves both individual investors and financial professionals, equipping them with insights and resources to enhance their investment decisions. Their innovative approach to ETF investing allows them to address market volatility and changing economic conditions effectively.


9. Maryland Capital Management


Maryland Capital Management, based in Towson, Maryland, is an investment management firm that has been serving clients since 1978. The company specializes in providing financial advisory services tailored to both individuals and businesses. Their primary focus is on managing assets and delivering expert financial guidance to help clients optimize their investment portfolios. Recently, Maryland Capital Management merged with Cerity Partners, a move that aims to strengthen their service offerings and expand their market presence. This partnership reflects their commitment to adapting to industry changes and enhancing client service. The firm has received recognition from industry publications, indicating a level of respect and credibility within the financial advisory community.


10. Campbell

  • Website: campbell.com
  • Ownership type: Private
  • Headquarters: Baltimore, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1972
  • Headcount: 51-200
  • LinkedIn: campbell-and-company

Campbell & Company, based in Baltimore, Maryland, is an investment management firm that specializes in systematic multi-strategy portfolios. Founded in 1972, the firm has built a reputation for its innovative investment strategies aimed at generating alpha for institutional investors and high-net-worth individuals. With a workforce of around 170 employees, Campbell emphasizes a collaborative culture that drives its differentiated investment process. The firm has been managing systematic investments for over 30 years, focusing on relative-value strategies and short-term techniques that yield uncorrelated returns to traditional markets. Their approach combines advanced human knowledge with robust infrastructure, allowing them to navigate complex market conditions effectively. Campbell's commitment to continuous improvement and client-focused solutions positions it as a relevant player in the asset management industry.


11. Brown Capital Management

  • Website: browncapital.com
  • Ownership type: Private
  • Headquarters: Baltimore, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1983
  • Headcount: 11-50
  • LinkedIn: brown-capital-management

Brown Capital Management, based in Baltimore, Maryland, is an investment management firm founded in 1983. The firm specializes in a range of investment strategies, including Small Company, Mid Company, International Small Company, and International Equity. With a dedicated team of professionals, Brown Capital Management focuses on providing tailored investment solutions to both individual and institutional investors. The firm emphasizes a disciplined investment philosophy aimed at helping clients achieve their financial goals. Over the years, it has developed a strong presence in the asset management industry, known for its commitment to client service and investment excellence.


12. Kensington Analytics


Kensington Analytics, also known as Kensington Asset Management, is a private investment management firm based in Rockville, Maryland. Founded in 1992, the firm specializes in mutual funds and investment strategies that focus on capital preservation and income generation. Kensington serves a range of clients, including individual and institutional investors, helping them navigate the complexities of market fluctuations. The firm employs a quantitative approach to decision-making, aiming to minimize subjectivity and enhance the potential for steady, above-average returns with low volatility. Their product offerings include several mutual funds, such as the Managed Income Fund and the Defender Fund, as well as the Kensington Hedged Premium Income ETF. With a small team of dedicated professionals, Kensington continues to adapt to market conditions while maintaining a focus on risk management and income generation.


13. New Century Advisors, LLC

  • Website: newcenturyadvisors.com
  • Ownership type: Private
  • Headquarters: Chevy Chase, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2002
  • Headcount: 11-50
  • LinkedIn: new-century-advisors

New Century Advisors, LLC, founded in 2002 and based in Chevy Chase, Maryland, is an investment management firm that specializes in crafting customized investment strategies. The firm serves a variety of clients, including public funds, corporations, endowments, foundations, healthcare systems, and insurance companies. With a focus on managing complex risks, New Century Advisors aims to generate value through a range of investment solutions, such as inflation-linked and multi-asset strategies. Their investment philosophy prioritizes understanding risk factors to achieve superior risk-adjusted returns. The firm prides itself on its high-touch client service approach and is entirely employee-owned, with a team of seasoned investment professionals who have collaborated for over a decade. New Century Advisors is registered with the SEC, ensuring compliance with regulatory standards in the investment advisory space.


14. ASB Real Estate Investments

  • Website: asbrealestate.com
  • Ownership type: Private
  • Headquarters: Bethesda, Maryland, United States (USA)
  • Employee distribution: United States (USA) 94%, India 6%
  • Latest funding: $105.0M, July 2016
  • Founded year: 1983
  • Headcount: 11-50
  • LinkedIn: asb-real-estate-investments

ASB Real Estate Investments, based in Bethesda, Maryland, is a real estate investment management firm that specializes in tenant-centric strategies. Founded in 1983, the company has built a reputation for managing $7.5 billion in assets across various sectors, including industrial, multifamily, self-storage, retail, and office properties. ASB primarily serves institutional clients, focusing on optimizing their real estate investments. The firm operates with a clear mission to generate superior risk-adjusted investment performance, leveraging deep market expertise and a thorough understanding of tenant preferences. ASB's investment team has a long-standing history of collaboration, having worked together for over 15 years, which enhances their ability to navigate different investment cycles. Additionally, ASB is committed to sustainability and community engagement, actively seeking opportunities to create positive social and environmental impacts through their investments.


15. Chapin Davis, Inc.

  • Website: chapindavis.com
  • Ownership type: Private
  • Headquarters: Baltimore, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1952
  • Headcount: 51-200
  • LinkedIn: chapin-davis

Chapin Davis, Inc. is a private financial services firm based in Baltimore, Maryland, founded in 1952. As the oldest full-service financial firm in Baltimore City, Chapin Davis has built a reputation for individualized customer service and a comprehensive suite of financial offerings. The firm specializes in investment management, financial planning, and insurance services, catering to both individual clients and businesses. Their approach is characterized by tailored strategies that align with clients' financial goals. Chapin Davis operates as a Registered Investment Advisor with the SEC, providing access to a variety of investment products and services. The firm emphasizes the importance of building long-term relationships with clients, ensuring that their financial plans are continuously monitored and adjusted as needed. With a dedicated team of financial advisors, Chapin Davis remains committed to delivering expert advice and support to help clients navigate their financial journeys.


16. Asset Strategy Consultants


Asset Strategy Consultants (ASC) is an investment consulting firm based in Cockeysville, Maryland, founded in 1991. With a team of 27 professionals, ASC provides tailored investment advisory services to institutions and families. The firm focuses on institutional consulting, outsourced investment office solutions, and private wealth management, helping clients achieve their financial goals through customized portfolios and governance models. ASC serves a variety of clients, including endowments, foundations, and private individuals, emphasizing a long-term investment strategy. The firm prides itself on its open architecture, allowing for objective evaluation of investment opportunities. ASC has built a strong reputation over three decades, managing approximately $1.4 billion in client assets and maintaining an average client relationship tenure of 12 years. Their commitment to conflict-free advice and personalized service positions them as a notable player in the asset management industry.


17. SOL Capital Management

  • Website: sol-capital.com
  • Ownership type: Family Owned
  • Headquarters: Rockville, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1987
  • Headcount: 11-50
  • LinkedIn: sol-capital-management-company

SOL Capital Management, Inc. is a wealth management firm based in Rockville, Maryland, with a focus on high net worth individuals and families. Founded in 1987, the firm has built a reputation for providing personalized investment advisory services. Their approach is characterized by a commitment to integrity, transparency, and a long-term perspective on wealth management. SOL Capital offers a range of services including portfolio monitoring, financial education, and multi-generational wealth transfer strategies. The firm prides itself on its independence, ensuring that its advice is objective and aligned with clients' financial goals. With a dedicated team of professionals, SOL Capital aims to foster trust and build lasting relationships with its clients, helping them navigate the complexities of wealth management across generations.


18. Pinnacle Advisory Group


Pinnacle Advisory Group, known as CW Advisors, is a private wealth management firm based in Columbia, Maryland. Founded in 1993, the firm specializes in providing comprehensive financial services tailored to high-net-worth individuals and families. Their offerings include investment management, financial planning, and family office services, all designed to help clients achieve their financial aspirations. As of June 30, 2024, CW Advisors manages over $10 billion in assets, reflecting their significant footprint in the industry. The firm prides itself on a client-centric approach, emphasizing personalized strategies that adapt to the evolving needs of their clients. They have expanded their reach through strategic partnerships, enhancing their service offerings and resources. With a team of experienced professionals, CW Advisors aims to build lasting relationships and provide insightful guidance to navigate the complexities of wealth management.


19. Seventy2 Capital Wealth Management


Seventy2 Capital Wealth Management, based in Bethesda, Maryland, is a private financial advisory firm founded in 2016. The company focuses on wealth management and investment planning, providing customized financial strategies to affluent individuals, families, and organizations. With a team that boasts over 775 years of combined experience from major Wall Street firms, Seventy2 Capital aims to help clients build and preserve their wealth. Their services include retirement planning, estate planning, and investment management, among others. The firm has multiple locations across the United States, enhancing its accessibility to clients. Seventy2 Capital has also been recognized in industry rankings, such as Barron’s and Forbes, which underscores its commitment to excellence in financial advisory services.


20. Alex. Brown Realty


Alex. Brown Realty, now known as ABR Capital Partners, is a Baltimore-based real estate investment firm founded in 1972. The company specializes in core-plus, value-add, and opportunistic investments within the middle market. With a focus on maximizing returns, ABR Capital Partners has successfully invested over $4.2 billion across more than 400 transactions. Their clientele includes public and private pension plans, endowments, foundations, and high net worth individuals. The firm prides itself on its strong relationships with over 100 operating partners across the United States, allowing them to access a broad range of investment opportunities. ABR's disciplined approach to asset management emphasizes risk-adjusted returns and active management of real estate assets to optimize value creation. Their commitment to responsible investing and community engagement further highlights their role in the industry.


21. Eaglebrook Advisors

  • Website: eaglebrookadvisors.com
  • Ownership type: Venture Capital
  • Headquarters: Bethesda, Maryland, United States (USA)
  • Latest funding: Series A, $2.0M, April 2022
  • Founded year: 2019
  • Headcount: 11-50
  • LinkedIn: eaglebrook-advisors

Eaglebrook Advisors, Inc. is an investment advisory firm based in Bethesda, Maryland, that specializes in cryptocurrency investment management. Established in 2019, the firm targets wealth managers and financial advisors, offering tailored solutions for investing in digital assets such as Bitcoin, Ethereum, and various altcoins. Their services include tax-optimized separately managed accounts (SMAs) and automated tax optimization strategies, which are designed to help clients navigate the volatile cryptocurrency market. Eaglebrook emphasizes direct ownership of digital assets, ensuring that these are held in the client's name at qualified custodians with institutional-grade security. The firm has received $2 million in Series A funding as of April 2022, reflecting a growing interest in their innovative approach to asset management in the digital currency sector. With a focus on secure custody and tax efficiency, Eaglebrook Advisors is positioned to meet the evolving needs of investors in the cryptocurrency market.



Asset Management Insights: Key Companies in Maryland


CompanyHeadquarterSizeFoundedOwnership
Brown AdvisoryBaltimore, Maryland, United States (USA)1001-50001993Private
ProFund Advisors LLCBethesda, Maryland, United States (USA)51-2001997Private
Greenspring AdvisorsTowson, Maryland, United States (USA)11-502004Private
UG Investment AdvisersBethesda, Maryland, United States (USA)51-2001998Private
Profit InvestmentsRockville, Maryland, United States (USA)1-101996Private
DF Dent & CompanyBaltimore, Maryland, United States (USA)11-501976Private
Advisors PreferredRockville, Maryland, United States (USA)11-502011Private
ProSharesBethesda, Maryland, United States (USA)51-2001999Private
Maryland Capital ManagementTowson, Maryland, United States (USA)11-501978Private
CampbellBaltimore, Maryland, United States (USA)51-2001972Private
Brown Capital ManagementBaltimore, Maryland, United States (USA)11-501983Private
Kensington AnalyticsRockville, Maryland, United States (USA)1-101992Private
New Century Advisors, LLCChevy Chase, Maryland, United States (USA)11-502002Private
ASB Real Estate InvestmentsBethesda, Maryland, United States (USA)11-501983Private
Chapin Davis, Inc.Baltimore, Maryland, United States (USA)51-2001952Private
Asset Strategy ConsultantsCockeysville, Maryland, United States (USA)11-501991Corporate
SOL Capital ManagementRockville, Maryland, United States (USA)11-501987Family Owned
Pinnacle Advisory GroupColumbia, Maryland, United States (USA)11-501993Private
Seventy2 Capital Wealth ManagementBethesda, Maryland, United States (USA)51-2002016Private
Alex. Brown RealtyBaltimore, Maryland, United States (USA)11-501972Private
Eaglebrook AdvisorsBethesda, Maryland, United States (USA)11-502019Venture Capital


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