Brown Advisory charges investment advisory fees as a percentage of assets under management or as a flat fee. The standard AUM fee is 1.00% per year on the first $1,000,000; 0.75% on the next $2,000,000; 0.65% on the next $2,000,000; and 0.50% on assets greater than $5,000,000. Fees are negotiable depending on the size and type of account, the investments in the account, and the services required. Accounts must hold at least $5 million in investment assets in order to be accepted for management, but this may be waived.