Brown Advisory, a global, private and independent investment management and strategic advisory firm, has appointed Scott A Carlson as a senior adviser in its New York office.Carlson most recently served as the president and chief executive officer of the family office of Glenn H. Hutchins, one of the world’s leading private equity investors. Carlson provided investment, legal and operational advice that helped the Hutchins family achieve their short- and long-term goals. He constructed an investment program in line with the family’s mandate of wealth preservation that allowed distributions to be deployed in new asset classes and across a select group of advisors. Carlson also assisted in focusing the family’s charitable activities, helping them create a mission statement that reflected the founding generation’s vision for impact and establishing the Hutchins Family Foundation.
Prior to his work with the Hutchins family, Carlson served as a managing director at CIT, where he worked with a number of large and complex, cash flow-distressed accounts. He also established Western NIS Enterprise Fund, a USD150 million private equity fund focused on investing in private companies in the former Soviet Union. Carlson is a graduate of Washington & Lee University and earned his MBA at Harvard Business School.
At Brown Advisory, Carlson will work with individuals and families to help them create custom portfolios that align with their long-term performance targets and risk tolerances. “I’m excited to be joining a firm that is committed to putting its clients first,” says Carlson. “It is clear that Brown Advisory takes its commitment to delivering first-class performance, advice and service to its clients very seriously.”
“Scott is a well-respected and an industry-leading investor and family office executive. His knowledge and experience working with sophisticated family offices is, and will be, a great asset to our community of advisors,” says Sid Ahl, head of the New York office and chief investment officer of the Investment Solutions Group. “We have worked with family offices since our founding and are excited by the experience, intellectual capital and value Scott can bring to our clients.”