Brown Advisory

JUNE 16, 2021

Exhibit 5: Dispersion in stock returns for the Russell 2000 ® Index, three-year trailing return for top and bottom quartile, by year since 2011, and average and median 1991–2020 Source: Furey Research Partners. small-caps particularly attractive, especially from a risk management perspective. Furthermore, U.S.

Valuation 52

Valuation Investments Investing Government 52

Brown Advisory

JUNE 16, 2021

Exhibit 5: Dispersion in stock returns for the Russell 2000 ® Index, three-year trailing return for top and bottom quartile, by year since 2011, and average and median 1991–2020. small-caps particularly attractive, especially from a risk management perspective. Source: Furey Research Partners. Source: Furey Research Partners.

Valuation 52

Valuation Investments Investing Government 52

Sara Grillo

AUGUST 14, 2023

Rostad is president of the Institute for the Fiduciary Standard , a not for profit think tank formed in 2011. The Institute exists to preserve, protect and defend fiduciary principles in investment advice, wealth management and financial planning. Knut Rostad Knut A. transgender male and female investors.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52