Brown Advisory has appointed Porter Schutt and Bill Dugdale as partners in Wilmington, DE.

Schutt will oversee the Wilmington office and draw on his expertise in global equities to develop solutions for private clients and non-profits. Meanwhile, Dugdale will be primarily responsible for the office’s client service and advisory functions, while also sharing his investment views with the firm. 

Schutt joins from Marvin & Palmer Associates, a global equity management firm, where he was a partner and portfolio manager for emerging markets and domestic large-cap growth equity portfolios. Dugdale is latterly of Friess Associates, a Wilmington-based investment firm where he most recently served as client relationship manager and portfolio specialist.  

In a related move last month, Brown Advisory took on Malcolm MacColl as a partner at its Boston, MA, office. The firm said MacColl will strengthen the investment, client service and business development efforts for its private, institutional and non-profit clients in New England.

Brown Advisory has some $33 billion in client assets, with principal offices in Baltimore, MD, and Washington, DC, as well as in Boston, MA, Wilmington, DE, Chapel Hill, NC, and London.