AdvisorCensus / Financial advisors / Maryland / Baltimore / Tufton Capital Management, LLC
Tufton Capital Management, LLC is an SEC-registered investment advisory firm in Hunt Valley, MD, registered since 1995, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 13, 2026.
Quick answers
From the filingHow is Tufton Capital Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Tufton Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does Tufton Capital Management, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated April 13, 2026 states: Up to $2,000,000: 1% a year; $2,000,000 to $5,000,000: 0.75% a year; Above $5,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Tufton Capital Management, LLC located?
Tufton Capital Management, LLC's principal office is in Hunt Valley, MD, according to its Form ADV.
Is Tufton Capital Management, LLC registered with the SEC or a state?
Tufton Capital Management, LLC is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 113543.
How much does Tufton Capital Management, LLC manage?
Tufton Capital Management, LLC reports $463,781,747 in regulatory assets under management in its Form ADV filing dated April 13, 2026 (100% discretionary).
How have Tufton Capital Management, LLC's assets and staff changed since 2021?
In the Form ADV data for Tufton Capital Management, LLC: Regulatory assets under management: $831,873,000 in the October 2021 data and $463,781,747 in the October 2026 data, down 44%. Total employees: 10 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Tufton Capital Management, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (170); individuals (other than high net worth individuals) (78).
Does Tufton Capital Management, LLC report any disciplinary disclosures?
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/113543
Does Tufton Capital Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated April 13, 2026 says: "The required minimum to establish an account is $500,000. We will accept accounts that are less than the minimum at our sole discretion."
What changed in Tufton Capital Management, LLC's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $810,080,632 to $463,781,747 (-43%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $2,000,000 | 1% |
| $2,000,000 to $5,000,000 | 0.75% |
| Above $5,000,000 | 0.5% |
The brochure's wording
Fees are assessed based on the client’s assets under management. The basic fee schedule is as follows: 1.00% on the first $2,000,000 .75% on the next $3,000,000 .50% on the balance of the account
Account minimum: $500,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The required minimum to establish an account is $500,000. We will accept accounts that are less than the minimum at our sole discretion.
As stated in the firm's Form ADV Part 2A brochure dated April 13, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$463,781,747 as of October 2026, filing dated April 13, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Publication of periodicals or newsletters
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1995 (30 years)
- Employees
- Total: 9. Performing investment advisory functions: 6.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
7 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $463,781,747 | 9 | April 13, 2026 |
| October 2025 | $810,080,632 | 9 | May 28, 2025 |
| October 2024 | $727,529,170 | 9 | March 21, 2024 |
| October 2023 | $730,091,000 | 9 | June 20, 2023 |
| October 2022 | $957,267,000 | 10 | March 22, 2022 |
| October 2021 | $831,873,000 | 10 | March 24, 2021 |
Regulatory assets under management: $831,873,000 in the October 2021 data and $463,781,747 in the October 2026 data, down 44%.
Total employees: 10 in October 2021 and 9 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $810,080,632 to $463,781,747 (-43%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Tufton Capital Management, LLC (CRD 113543): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/tufton-capital-management-llc-hunt-valley-md-113543