{
  "crd_number": 113543,
  "slug": "tufton-capital-management-llc-hunt-valley-md-113543",
  "primary_business_name": "TUFTON CAPITAL MANAGEMENT, LLC",
  "legal_name": "TUFTON CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Hunt Valley",
  "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": "1995-10-10",
  "years_registered": 30,
  "period": "2026-10-01",
  "filing_date": "2026-04-13",
  "carried_forward": false,
  "raum_total": 463781747.0,
  "raum_discretionary": 463781747.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 6,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 11480878.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 24970204.0,
      "count": 78
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 407082966.0,
      "count": 170
    },
    "corporations_other_businesses": {
      "raum": 20247699.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "MA",
    "MD",
    "NC",
    "NY",
    "PA",
    "VA"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/TUFTON-CAPITAL-MANAGMENT",
    "https://tuftoncapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/113543",
  "city_as_filed": "HUNT VALLEY",
  "url": "https://advisorcensus.com/firm/tufton-capital-management-llc-hunt-valley-md-113543",
  "display_name": "Tufton Capital Management, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Tufton Capital Management, LLC (CRD 113543): 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": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Tufton Capital Management, LLC compensated?",
      "a": "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)."
    },
    {
      "q": "What does Tufton Capital Management, LLC's brochure say about its fees?",
      "a": "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."
    },
    {
      "q": "Where is Tufton Capital Management, LLC located?",
      "a": "Tufton Capital Management, LLC's principal office is in Hunt Valley, MD, according to its Form ADV."
    },
    {
      "q": "Is Tufton Capital Management, LLC registered with the SEC or a state?",
      "a": "Tufton Capital Management, LLC is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 113543."
    },
    {
      "q": "How much does Tufton Capital Management, LLC manage?",
      "a": "Tufton Capital Management, LLC reports $463,781,747 in regulatory assets under management in its Form ADV filing dated April 13, 2026 (100% discretionary)."
    },
    {
      "q": "How have Tufton Capital Management, LLC's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Tufton Capital Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (170); individuals (other than high net worth individuals) (78)."
    },
    {
      "q": "Does Tufton Capital Management, LLC 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/113543"
    },
    {
      "q": "Does Tufton Capital Management, LLC state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Tufton Capital Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $810,080,632 to $463,781,747 (-43%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 831873000.0,
      "total_employees": 10,
      "filing_date": "2021-03-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 957267000.0,
      "total_employees": 10,
      "filing_date": "2022-03-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 730091000.0,
      "total_employees": 9,
      "filing_date": "2023-06-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 727529170.0,
      "total_employees": 9,
      "filing_date": "2024-03-21"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 810080632.0,
      "total_employees": 9,
      "filing_date": "2025-05-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 463781747.0,
      "total_employees": 9,
      "filing_date": "2026-04-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $810,080,632 to $463,781,747 (-43%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 13, 2026",
    "tiers": [
      {
        "band": "Up to $2,000,000",
        "rate": "1%"
      },
      {
        "band": "$2,000,000 to $5,000,000",
        "rate": "0.75%"
      },
      {
        "band": "Above $5,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "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"
        ],
        "quotes": [
          "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"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The required minimum to establish an account is $500,000. We will accept accounts that are less than the minimum at our sole discretion."
        ]
      }
    ],
    "quotes": [
      "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",
      "The required minimum to establish an account is $500,000. We will accept accounts that are less than the minimum at our sole discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/tufton-capital-management-llc-hunt-valley-md-113543.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 78,
      "fewer_than_5": false,
      "raum": 24970204.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 170,
      "fewer_than_5": false,
      "raum": 407082966.0
    },
    {
      "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": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 11480878.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 20247699.0
    }
  ],
  "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/113543",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}