{
  "crd_number": 110696,
  "slug": "ashford-capital-management-inc-wilmington-de-110696",
  "primary_business_name": "ASHFORD CAPITAL MANAGEMENT INC",
  "legal_name": "ASHFORD CAPITAL MANAGEMENT INC",
  "dbas": [],
  "city": "Wilmington",
  "state": "DE",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1980-02-15",
  "years_registered": 46,
  "period": "2026-10-01",
  "filing_date": "2026-07-28",
  "carried_forward": false,
  "raum_total": 965833061.0,
  "raum_discretionary": 965833061.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 14,
  "advisory_employees": 8,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 359099113.0,
      "count": 28
    },
    "individuals": {
      "raum": 5529287.0,
      "count": 7
    },
    "pension_profit_sharing": {
      "raum": 58575013.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 276158176.0,
      "count": 51
    },
    "pooled_investment_vehicles": {
      "raum": 265318882.0,
      "count": 6
    },
    "corporations_other_businesses": {
      "raum": 1152590.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DE"
  ],
  "websites": [
    "https://ashfordcapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110696",
  "city_as_filed": "WILMINGTON",
  "url": "https://advisorcensus.com/firm/ashford-capital-management-inc-wilmington-de-110696",
  "display_name": "Ashford Capital Management Inc",
  "summary": "Ashford Capital Management Inc is an SEC-registered investment advisory firm in Wilmington, DE, registered since 1980, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 28, 2026.",
  "citation": "AdvisorCensus. Ashford Capital Management Inc (CRD 110696): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Publication of periodicals or newsletters"
  ],
  "quick_answers": [
    {
      "q": "How is Ashford Capital Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Ashford Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Ashford Capital Management Inc located?",
      "a": "Ashford Capital Management Inc's principal office is in Wilmington, DE, according to its Form ADV."
    },
    {
      "q": "Is Ashford Capital Management Inc registered with the SEC or a state?",
      "a": "Ashford Capital Management Inc is an SEC-registered investment advisory firm, registered since 1980. Status as filed: Approved. CRD 110696."
    },
    {
      "q": "How much does Ashford Capital Management Inc manage?",
      "a": "Ashford Capital Management Inc reports $965,833,061 in regulatory assets under management in its Form ADV filing dated July 28, 2026 (100% discretionary)."
    },
    {
      "q": "How have Ashford Capital Management Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Ashford Capital Management Inc: Regulatory assets under management: $959,356,912 in the October 2021 data and $965,833,061 in the October 2026 data, up 1%. Total employees: 13 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Ashford Capital Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (51); charitable organizations (28); individuals (other than high net worth individuals) (7)."
    },
    {
      "q": "Which custodians does Ashford Capital Management Inc use?",
      "a": "Ashford Capital Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC, RBC Capital Markets, LLC and Wilmington Trust Company as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Ashford Capital Management Inc report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110696"
    },
    {
      "q": "What changed in Ashford Capital Management Inc's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 959356912.0,
      "total_employees": 13,
      "filing_date": "2020-12-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1228267533.0,
      "total_employees": 15,
      "filing_date": "2021-11-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 809136983.0,
      "total_employees": 21,
      "filing_date": "2022-12-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 791748903.0,
      "total_employees": 15,
      "filing_date": "2023-12-18"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 894756552.0,
      "total_employees": 15,
      "filing_date": "2024-12-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 965833061.0,
      "total_employees": 14,
      "filing_date": "2026-07-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Employees performing advisory functions went from 9 to 8."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "RBC Capital Markets, LLC",
      "name_as_filed": "RBC CAPITAL MARKETS, LLC",
      "affiliated": false
    },
    {
      "name": "Wilmington Trust Company",
      "name_as_filed": "WILMINGTON TRUST COMPANY",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/ashford-capital-management-inc-wilmington-de-110696.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 5529287.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 51,
      "fewer_than_5": false,
      "raum": 276158176.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 265318882.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 58575013.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 28,
      "fewer_than_5": false,
      "raum": 359099113.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 1152590.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110696",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}