{
  "crd_number": 120139,
  "slug": "chesapeake-financial-advisors-towson-md-120139",
  "primary_business_name": "CHESAPEAKE FINANCIAL ADVISORS",
  "legal_name": "THOMA CAPITAL MANAGEMENT LLC",
  "dbas": [],
  "city": "Towson",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-08-30",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-08-19",
  "carried_forward": false,
  "raum_total": 310069630.0,
  "raum_discretionary": 294654655.0,
  "raum_non_discretionary": 15414975.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 10,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 689658.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 69916084.0,
      "count": 177
    },
    "pension_profit_sharing": {
      "raum": 11547529.0,
      "count": 19
    },
    "high_net_worth_individuals": {
      "raum": 227916359.0,
      "count": 91
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DE",
    "FL",
    "MD",
    "NY",
    "PA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/feeonlyplan",
    "https://instagram.com/chesapeakefinancialadvisors?hl=en",
    "https://linkedin.com/company/chesapeakefinancialadvisors",
    "https://peakeadvisors.com",
    "https://thomacap.com",
    "https://tomtaylorcpa.com",
    "https://twitter.com/feeonlyplan",
    "https://wearefeeonly.com",
    "https://youtube.com/channel/UCilAyqnn2tdKNdONKFBxbvQ"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/120139",
  "city_as_filed": "TOWSON",
  "url": "https://advisorcensus.com/firm/chesapeake-financial-advisors-towson-md-120139",
  "display_name": "Chesapeake Financial Advisors",
  "summary": "Chesapeake Financial Advisors is an SEC-registered investment advisory firm in Towson, MD, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 19, 2026.",
  "citation": "AdvisorCensus. Chesapeake Financial Advisors (CRD 120139): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Chesapeake Financial Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Chesapeake Financial Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Chesapeake Financial Advisors located?",
      "a": "Chesapeake Financial Advisors' principal office is in Towson, MD, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Chesapeake Financial Advisors registered with the SEC or a state?",
      "a": "Chesapeake Financial Advisors is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 120139."
    },
    {
      "q": "How much does Chesapeake Financial Advisors manage?",
      "a": "Chesapeake Financial Advisors reports $310,069,630 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (95% discretionary)."
    },
    {
      "q": "How have Chesapeake Financial Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Chesapeake Financial Advisors: Regulatory assets under management: $205,152,753 in the October 2021 data and $310,069,630 in the October 2026 data, up 51%. Total employees: 11 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Chesapeake Financial Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (177); high net worth individuals (91); pension and profit sharing plans (but not the plan participants or government pension plans) (19)."
    },
    {
      "q": "Which custodians does Chesapeake Financial Advisors use?",
      "a": "Chesapeake Financial Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Chesapeake Financial Advisors 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/120139"
    },
    {
      "q": "Does Chesapeake Financial Advisors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 11, 2026 says: \"Chesapeake Financial Advisors does not impose a minimum dollar value of assets or other condition for opening or maintaining an account.\""
    },
    {
      "q": "What changed in Chesapeake Financial Advisors' recent Form ADV filings?",
      "a": "In the September 2026 filing data: Registered or notice-filed in NY."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 205152753.0,
      "total_employees": 11,
      "filing_date": "2021-02-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 271653095.0,
      "total_employees": 14,
      "filing_date": "2022-07-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 245491290.0,
      "total_employees": 14,
      "filing_date": "2023-07-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 192486670.0,
      "total_employees": 12,
      "filing_date": "2024-03-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 263687043.0,
      "total_employees": 11,
      "filing_date": "2025-03-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 310069630.0,
      "total_employees": 10,
      "filing_date": "2026-08-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Registered or notice-filed in NY."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 8 to 7.",
        "Regulatory assets under management went from $263,687,043 to $310,069,630 (+18%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 11, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$5,000",
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Chesapeake Financial Advisors does not impose a minimum dollar value of assets or other condition for opening or maintaining an account."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $5,000"
        ],
        "quotes": [
          "The minimum annual fee for Investment Advisory Services is $5,000/year.",
          "All fees, including the minimum annual fee, are negotiable."
        ]
      }
    ],
    "quotes": [
      "Chesapeake Financial Advisors does not impose a minimum dollar value of assets or other condition for opening or maintaining an account.",
      "The minimum annual fee for Investment Advisory Services is $5,000/year.",
      "All fees, including the minimum annual fee, are negotiable."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/chesapeake-financial-advisors-towson-md-120139.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 177,
      "fewer_than_5": false,
      "raum": 69916084.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 91,
      "fewer_than_5": false,
      "raum": 227916359.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 19,
      "fewer_than_5": false,
      "raum": 11547529.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 689658.0
    }
  ],
  "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/120139",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}