Brown Advisory Incorporated

Business Development Associate

Brown Advisory Incorporated$74K — $90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; advanced degree or CFA preferred.
  • Minimum three years of experience in asset management or financial services.
  • Proven initiative and proactive problem-solving skills.
  • Proficiency in Microsoft Office suite including Outlook, Word, Excel, and PowerPoint.
  • Experience with client relationship management (CRM) systems.
  • Strong organizational and interpersonal skills.
  • Excellent written/verbal communication with attention to detail.

Responsibilities

  • Collaborate with Regional Investment Consultants to identify and cultivate a diversified client pipeline.
  • Support team in achieving sales and activity goals set by leadership.
  • Implement established client service model to keep clients informed on developments.
  • Promote organized use of Salesforce for business development.
  • Travel periodically for meetings and business development activities.
  • Assist in creating target prospect lists for RIAs and broker-dealers in assigned territories.
  • Manage data across internal systems for client and prospect information.

Benefits

  • Medical, Dental, and Vision coverage
  • Incentives for wellness program participation
  • Financial wellness program
  • Reimbursement for fitness event fees
  • Discounted gym memberships
  • Colleague Assistance Program
  • Telemedicine services for enrolled members
  • Adoption assistance
  • Reimbursement for daycare late pick-up fees
  • Life and Accidental Death & Dismemberment Insurance
  • Paid parental leave
  • Group Long Term Disability coverage
  • Pet Insurance
  • 401(k) plan with 50% employer match and 4-year vesting
Full Job Description

Brown Advisory is seeking a Business Development Associate to join the U.S. Institutional Sales team. This individual will partner closely with Regional Investment Consultants to support business development efforts and cultivate relationships across the East Coast, with a focus on manager research teams within Registered Investment Advisors (RIAs), private banks, and large broker-dealer advisory teams. In this role, the Business Development Associate will contribute to pipeline development, sales process coordination, operational efficiency, and the effective positioning of Brown Advisory investment capabilities.

Key Responsibilities

  • Partner with Regional Investment Consultants within assigned territories to identify prospective clients and develop a diversified pipeline through disciplined, process-oriented prospecting.

  • Support achievement of sales and activity objectives established by team leadership.

  • Execute the established client service model to help ensure clients remain informed on firm developments and investment performance updates.

  • Promote consistent, organized use of Salesforce across the team to support business development and relationship management efforts.

  • Travel periodically with members of the sales team to participate in in-person meetings and business development activities.

  • Assist the sales team in developing target prospect lists for RIAs and broker-dealers within assigned territories, primarily along the East Coast.

  • Work across internal data systems to support client and prospect data management.

  • Coordinate portfolio manager travel for U.S. Institutional Sales team roadshows and related meetings.

  • Maintain pipeline activity, business development opportunities, and contact records in Salesforce while helping reconcile data across multiple systems.

  • Generate monthly activity and asset reports through Salesforce for territory-level management and reporting.

Qualifications

  • Bachelor's degree required; advanced degree and/or CFA designation preferred.

  • Minimum of three years of experience within asset management or a related financial services environment.

  • Demonstrated initiative, sound judgment, and a proactive, solutions-oriented approach to work.

  • Proficiency in Microsoft Office, including Outlook, Word, Excel, and PowerPoint.

  • Experience maintaining accurate documentation in a client relationship management (CRM) system.

  • Strong organizational, interpersonal, and relationship management skills.

  • Excellent written and verbal communication skills, with strong attention to detail.

  • Ability to work effectively both independently and collaboratively within a team environment.

  • Ability to work from an office location and travel as business needs require.

Applicants must be authorized to work in the United States without the need for current or future employer-sponsored work authorization (e.g., H-1B , O-1, F-1 (OPT), TN, or any other non-immigrant visa classifications that require employer support or sponsorship).

Salary: $74k-90k Commensurate with experience and location. Does not include bonus or long-term incentive eligibility (if applicable)

Benefits


At Brown Advisory we offer a competitive compensation package, including full benefits.
•    Medical
•    Dental
•    Vision
•    Wellness program participation incentive
•    Financial wellness program
•    Fitness event fee reimbursement
•    Gym membership discounts
•    Colleague Assistance Program
•    Telemedicine Program (for those enrolled in Medical)
•    Adoption Benefits
•    Daycare late pick-up fee reimbursement
•    Basic Life & Accidental Death & Dismemberment Insurance
•    Voluntary Life & Accidental Death & Dismemberment Insurance
•    Short Term Disability
•    Paid parental leave
•    Group Long Term Disability
•    Pet Insurance
•    401(k) (50% employer match up to IRS limit, 4 year vesting)

About Brown Advisory Incorporated

Brown Advisory is an investment management firm that provides wealth management, strategic advisory, and philanthropic services to individuals, families, and institutions. The firm manages assets for clients in the United States and internationally. Brown Advisory was founded in 1993 and is headquartered in Baltimore, Maryland.
Learn more about Brown Advisory Incorporated
Size
700 employees
Industry
Founded
1993
NASDAQ

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