Brown Advisory is creating a new trust company in Delaware to offer that state's trust powers to its clients.

Brown Advisory Trust Company of Delaware LLC is opening in Wilmington to serve as a fiduciary under Delaware law and "to offer clients throughout the United States the benefits of Delaware's tax-advantaged trust structures to assist in preserving and transferring wealth for future generations," says Michael D. Hankin, president and CEO of Brown Advisory.

Brown Advisory is an independent investment management firm based in Baltimore and Washington, D.C., with approximately $25 billion in client assets. It was created to provide advice and support to families with complex investment, tax and generational needs.

-Karen DeMasters