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Brown Advisory
Brown Advisory LLC is an American investment management firm based in Baltimore, Maryland. It was originally the investment management arm of Alex. Brown & Sons, the first investment bank in the United States. The firm is majority employee-owned. Background Brown Advisory traces its origins to Alex. Brown & Sons, an investment bank headquartered in Baltimore, Maryland that was the first investment bank in the United States. In 1974, Alex. Brown Investment Management (ABIM) was established as the investment management unit of Alex. Brown & Sons where it managed assets and distributed mutual funds. In 1993, Brown Advisory was established as another investment management unit of Alex. Brown & Sons where it aimed to provide investment guidance to high-net-worth individuals and focused on financing growth companies. When Alex. Brown & Sons was acquired by Bankers Trust, both units continued to operate under it. In 1998, the management team of Brown Advisory led a management buyo ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Austin, Texas
Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson counties. Incorporated on December 27, 1839, it is the Metropolitan statistical area, 26th-largest metropolitan area in the United States, the List of United States cities by population, 13th-most populous city in the United States, the List of cities in Texas by population, fifth-most populous city in the state after Houston, San Antonio, Dallas, and Fort Worth, and the second-most populous state capital city after Phoenix, Arizona. It has been one of the fastest growing large cities in the United States since 2010. Downtown Austin and Downtown San Antonio are approximately apart, and both fall along the Interstate 35 in Texas, I-35 corridor. This combined metropolitan region of San Antonio–Austin met ...
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1993 Establishments In Maryland
The United Nations General Assembly, General Assembly of the United Nations designated 1993 as: * International Year for the World's Indigenous People The year 1993 in the Kwajalein Atoll in the Marshall Islands had only 364 days, since its calendar advanced 24 hours to the Eastern Hemisphere side of the International Date Line, skipping August 21, 1993. Events January * January 1 ** Czechoslovakia ceases to exist, as the Czech Republic and Slovakia separate in the Dissolution of Czechoslovakia. ** The European Economic Community eliminates trade barriers and creates a European single market. ** International Radio and Television Organization ceases. * January 3 – In Moscow, Presidents George H. W. Bush (United States) and Boris Yeltsin (Russia) sign the START II, second Strategic Arms Reduction Treaty. * January 5 ** US$7.4 million is stolen from the Brink's Armored Car Depot in Rochester, New York, in the fifth largest robbery in U.S. history. ** , a Liberian-reg ...
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Cannabis (drug)
Cannabis (), commonly known as marijuana (), weed, pot, and ganja, List of slang names for cannabis, among other names, is a non-chemically uniform psychoactive drug from the ''Cannabis'' plant. Native to Central or South Asia, cannabis has been used as a drug for both recreational and Entheogenic use of cannabis, entheogenic purposes and in various traditional medicines for centuries. Tetrahydrocannabinol (THC) is the main psychoactive component of cannabis, which is one of the 483 known compounds in the plant, including at least 65 other cannabinoids, such as cannabidiol (CBD). Cannabis can be used Cannabis smoking, by smoking, Vaporizer (inhalation device), vaporizing, Cannabis edible, within food, or Tincture of cannabis, as an extract. Cannabis has effects of cannabis, various mental and physical effects, which include euphoria, altered states of mind and Cannabis and time perception, sense of time, difficulty concentrating, Cannabis and memory, impaired short-term memo ...
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Blind Trust
A blind trust is a trust in which the beneficiaries have no knowledge of the holdings of the trust, and no right to intervene in their handling. In a blind trust, the trustees ( fiduciaries, or those who have been given power of attorney) have full discretion over the assets. Blind trusts are generally used when a trust creator (sometimes called a settlor, trustor, grantor, or donor) wishes for the beneficiary to be unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments. Politicians, or others in sensitive positions (such as journalists and religious leaders) often place their personal assets (including investment income) into blind trusts, to avoid public scrutiny and accusations of conflicts of interest when they direct government funds to the private sector. Use by US government officials to avoid conflicts of interest The US federal government recognizes the "qualified blind trust" (QBT), as defined by ...
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Wes Moore
Westley Watende Omari Moore (born October 15, 1978) is an American politician, businessman, author, and former U.S. Army officer serving as the 63rd governor of Maryland since 2023. Moore was born in Maryland and raised primarily in New York. He graduated from Johns Hopkins University and received a master's degree from Wolfson College, Oxford, as a Rhodes Scholar. After several years in the United States Army, U.S. Army and United States Army Reserve, Army Reserve, he became an investment banker in New York. Between 2010 and 2015, Moore published five books, including a young-adult novel. He served as CEO of the Robin Hood Foundation from 2017 to 2021. Moore authored ''The Other Wes Moore'' and ''The Work.'' He also hosted ''Beyond Belief'' on the Oprah Winfrey Network (U.S. TV channel), Oprah Winfrey Network (OWN), and was executive producer and a writer for ''Coming Back with Wes Moore'' on PBS. Moore is a member of the Democratic Party (United States), Democratic Party. He ...
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Governor Of Maryland
The governor of the State of Maryland is the head of government of Maryland, and is the commander-in-chief of the state's National Guard units. The governor is the highest-ranking official in the state and has a broad range of appointive powers in both the state and local governments, as specified by the Maryland Constitution (1867, and revisions/amendments). The current governor is Wes Moore, who has been in office since 2023. Selection and qualifications Like most state chief executives in the United States, the governor is elected by the citizens of Maryland to serve a four-year term. Under the Constitution of Maryland, the governor can run any number of times, but not more than twice in a row. This makes it possible for a two-term governor to run for the office again after remaining out of office for at least one term. An eligible candidate for governor must be at least 30 years old, and also a resident of and a registered voter in Maryland for the five years preceding t ...
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Brown Advisory Novices' Chase
The Brown Advisory Novices' Chase is a Grade 1 National Hunt chase in Great Britain which is open to horses aged five years or older. It is run on the Old Course at Cheltenham over a distance of about 3 miles and half a furlong (3 miles and 110 yards, or 4,928 metres), and during its running there are twenty fences to be jumped. The race is for novice chasers, and it is scheduled to take place each year during the Cheltenham Festival in March. History The event was originally known as the Broadway Novices' Chase, and this became the race's registered title in 2021, but since the mid-1960s it has been run under various sponsored titles. From 1964 to 1973 it was sponsored by the Tote, and it was called the Totalisator Champion Novices' Chase. From 1974 to 2020 it was backed by the RSA Insurance Group, and its predecessors Sun Alliance (1974–1996) and Royal & SunAlliance (1997–2008). Since 2021 the race has been sponsored by Brown ...
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RSA Insurance Group
RSA Insurance Group Limited ( trading as RSA, formerly RSA Insurance Group plc and Royal and Sun Alliance) is a British multinational general insurance company headquartered in London, England. RSA has major operations in the United Kingdom, Ireland, Scandinavia and Canada. It provides insurance products and services in more than 100 countries through a network of local partners. It has 9 million customers. RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996. RSA was listed on the London Stock Exchange until it was acquired by Danish insurer Tryg and Canada's Intact Financial Corporation in May 2021. The transaction closed on 1 June 2021. History RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996. On 4 February 2014, it was announced that Stephen Hester, former CEO of RBS Group, would become CEO of RSA with immediate effect. In 2014/15, Hester led a major restructuring of RSA to bolster its finances. Many non-core overs ...
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Norfolk, Virginia
Norfolk ( ) is an independent city (United States), independent city in the U.S. state of Virginia. It had a population of 238,005 at the 2020 United States census, 2020 census, making it the List of cities in Virginia, third-most populous city in Virginia and List of United States cities by population, 100th-most populous city in the United States. The city holds a strategic position as the historical, urban, financial, and cultural center of the Hampton Roads metropolitan area (sometimes called "Tidewater (region), Tidewater"), which has more than 1.8 million inhabitants and is the Metropolitan statistical area, 37th-largest metropolitan area in the U.S. Norfolk was established in 1682 as a colonial seaport. Strategically located at the confluence of the Elizabeth River (Virginia), Elizabeth River and Chesapeake Bay, it quickly developed into a major center for trade and shipbuilding. During the American Revolution and War of 1812, its port and naval facilities made it a critic ...
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Family Office
A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50–100 million in investable assets, with the goal being to effectively grow and transfer wealth across generations. The company's financial capital is the family's own wealth. Family offices also may handle tasks such as managing household staff, making travel arrangements, property management, day-to-day accounting and payroll activities, management of legal affairs, family management services, family governance, financial and investor education, coordination of philanthropy and private foundations, and succession planning. A family office can cost over $1 million a year to operate, so the family's net worth usually exceeds $50–100 million in investable assets. Some family offices accept investments from people who are not members of the owning family. Some firms that cater to multiple clients offer personality psycholog ...
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