Two independent investment managers with private client businesses have joined forces, strengthening their global presence and in key states.

Highmount Capital, which serves private clients in the US and abroad, has joined Brown Advisory, the global independent investment management firm.

All 34 Highmount Capital professionals will move to Brown Advisory and own equity in the firm – as do all 445 Brown Advisory colleagues – Brown Advisory said today.

Highmount, with offices in New York, Boston and Amsterdam, has a strong background advising international private clients, which will complement Brown Advisory's growing private client business served by its London office, said Mike Hankin, president and chief executive.

Brown Advisory serves private and institutional clients in all 50 states and 34 countries, through offices in Baltimore, MD, Washington, DC, Boston, MA, New York, Wilmington, DE, Chapel Hill, NC, and London.

Going forward, Highmount clients will be advised by their existing teams.