CONTRACTAMENDED

Brown Advisory Fee Reduction Takes Effect

North Carolina Retirement Systems Division | State of North Carolina logoNorth Carolina Retirement Systems Division | State of North Carolina
Disclosed value
0.41% all-in fee
From report
Document date
Aug 20, 2026

The 30-second brief

What it covers

Brown Advisory continues to manage part of North Carolina’s SMID Core Fund through a separate account. An MFN-triggered fee reduction took effect April 1, 2026, bringing the all-in fee to 0.41% on approximately $523.3 million in assets.

Who holds it

Brown Advisory holds this financial services contract with North Carolina Retirement Systems Division | State of North Carolina. Its other public contracts on record include work for Town of Hamden and Town of Dewey Beach.

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Contract details

Contract type
Financial Services
Amount
0.41% all-in fee
Document date
August 20, 2026
Source document
North Carolina Department of State Treasurer Report Annual Administrative and Investment Fee Review 2026-08-20 (Report)

Brown Advisory's other public contracts

More North Carolina Retirement Systems Division | State of North Carolina contracts

Questions about this contract

Who was awarded the financial services contract by North Carolina Retirement Systems Division | State of North Carolina?

Brown Advisory was awarded this financial services contract by North Carolina Retirement Systems Division | State of North Carolina, as recorded on August 20, 2026. The contract value is 0.41% all-in fee.

How much is the Brown Advisory contract with North Carolina Retirement Systems Division | State of North Carolina worth?

The Brown Advisory contract with North Carolina Retirement Systems Division | State of North Carolina is valued at 0.41% all-in fee, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in North Carolina Department of State Treasurer Report Annual Administrative and Investment Fee Review 2026-08-20 (Report), dated August 20, 2026 from North Carolina Retirement Systems Division | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Brown Advisory hold?

Brown Advisory may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is North Carolina Retirement Systems Division | State of North Carolina currently buying?

Explore North Carolina Retirement Systems Division | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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