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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM under $100M

AMERICAN FINANCIAL MANAGEMENT, LTD.

CRD 111016

OWINGS MILLS, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:ff409667-45f4-d6a1-34df-540c78e68ee1

Data as of Feb 16, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:06 PM UTC and rebuilt at most every 15 minutes.

Relationships: 7
Dated events: 7
On other graphs: 0
Observed: Mar 23, 2012 to Feb 16, 2026
48 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0
Regulatory AUM: $31.6MItem 5.F on the latest filing (2026-02-16); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $31.6M
Private client RAUM: $31.6MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 2
RAUM per advisor: $15.8Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 2
Advisory employees: 2
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 155
Individual clients: 119
High net worth clients: 5
SEC number: 801-20003
CRD: 111016
Filings on the tape: 48
First filed: Mar 23, 2012
Latest filed: Feb 16, 2026
Organised: Corporation, MD

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
HOWARD RICHARD DOBSON	Certified Financial Planner	OWINGS MILLS, MD \| CEDAR FALLS, IA	27	46	n/a	yes
Bradley Taliaferro Clough	n/a	OWINGS MILLS, MD	0	10	2	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
Clough, Bradley, Taliaferro	PRESIDENT & CHIEF COMPLIANCE OFFICER	E	yes	09/2023	Jan 10, 2024	Dec 6, 2024
THE MARSHALL FINANCIAL GROUP LLC	Owner	E	yes	08/2022	Sep 19, 2022	Dec 6, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
CEDAR FALLS	Ia	United States	1	no
OWINGS MILLS	Md	United States	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 14 of 16

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Feb 16, 2026	$31.6M	$31.6M	2	2	1	n/a	n/a
2024	Apr 21, 2025	$33.4M	$33.4M	2	2	1	n/a	n/a
2023	Feb 26, 2024	$33.4M	$33.4M	1	1	2	n/a	n/a
2022	Jan 17, 2023	$38.2M	$38.2M	1	1	0	n/a	n/a
2021	Mar 30, 2021	$50.6M	$50.6M	5	3	0	n/a	n/a
2020	Apr 8, 2020	$56.5M	$56.5M	5	3	0	n/a	n/a
2019	Apr 17, 2019	$66.6M	$66.6M	5	3	0	n/a	n/a
2018	Apr 24, 2018	$64.0M	$64.0M	5	3	0	n/a	n/a
2017	Apr 19, 2017	$70.3M	$70.3M	5	3	n/a	n/a	n/a
2016	Apr 13, 2016	$76.1M	$76.1M	5	3	n/a	n/a	n/a
2015	Apr 10, 2015	$78.2M	$78.2M	5	3	n/a	n/a	n/a
2014	Apr 25, 2014	$76.5M	$76.5M	5	3	n/a	n/a	n/a
2013	Apr 25, 2013	$81.1M	$81.1M	5	3	n/a	n/a	n/a
2012	Mar 27, 2012	$77.2M	$77.2M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
1	0	1	0.0%	0	0	0	1	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$31.6M	$33.4M	-5.5%	$38.2M	-6.1%	2	2	1	1

Relationships

Registered with (5)

← Bradley Taliaferro CloughAdvisorregistration: current employment
Dec 17, 2025 to presentfactForm ADV
← HOWARD RICHARD DOBSONAdvisorregistration: current employment
Jun 30, 1999 to presentfactForm ADV
← PETER ANDREW MARSHALLAdvisorregistration: previous registration
Sep 19, 2022 to Jan 23, 2024factForm ADV
← GLEN CAMERON HENRYAdvisorregistration: previous registration
Jan 1, 1999 to Apr 13, 2017factForm ADV
← KENNETH NONE HIMMLERAdvisorregistration: previous registration
Feb 2, 1998 to Aug 11, 2014factForm ADV

Controls (2)

← THE MARSHALL FINANCIAL GROUP LLCOwnerOWNER, ownership code E, domestic entity
Sep 19, 2022 to Dec 6, 2024factForm ADV
← Clough, Bradley, TaliaferroOwnerPRESIDENT & CHIEF COMPLIANCE OFFICER, ownership code E, individual
Jan 10, 2024 to Dec 6, 2024factForm ADV

Dated events

Occurred
Jan 23, 2024
Advisor departed, no destination yet
Peter Andrew Marshall no longer registered at American Financial Management, Ltd.; no later IA registration on IAPD
Form ADVobserved 5 days ago
Occurred
Jan 17, 2024
Control person left
Andrew Peter Marshall (Managing Member) no longer on Schedule A of American Financial Management, Ltd. (listed 2024-01-10, absent 2024-01-17)
Form ADVobserved 5 days ago
Occurred
Jan 10, 2024
Control person joined
Taliaferro Bradley Clough (President & Chief Compliance Officer) appeared on Schedule A of American Financial Management, Ltd.
Form ADVobserved 5 days ago
Occurred
Jan 17, 2023
Succession filed (Item 4)
American Financial Management Ltd reported succeeding to the business of Another Adviser (Form ADV Item 4)
Form ADVobserved 5 days ago
Occurred
Sep 19, 2022
Control person left
Richard Howard Dobson (Chairman/Ceo) no longer on Schedule A of American Financial Management, Ltd. (listed 2022-04-22, absent 2022-09-19)
Form ADVobserved 5 days ago
Occurred
Sep 19, 2022
Control person left
Andrew Thomas Dobson (Vice President/Marketing Director) no longer on Schedule A of American Financial Management, Ltd. (listed 2022-04-22, absent 2022-09-19)
Form ADVobserved 5 days ago
Occurred
Sep 19, 2022
Control person joined
Andrew Peter Marshall (President & Chief Compliance Officer) appeared on Schedule A of American Financial Management, Ltd.
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:ff409667-45f4-d6a1-34df-540c78e68ee1
First observed: Mar 23, 2012
Last observed: Feb 16, 2026 7 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

AMERICAN FINANCIAL MANAGEMENT, LTD.

CRD 111016

OWINGS MILLS, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:ff409667-45f4-d6a1-34df-540c78e68ee1

Data as of Feb 16, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:06 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

HOWARD RICHARD DOBSON

Certified Financial Planner

OWINGS MILLS, MD | CEDAR FALLS, IA

n/a

yes

Bradley Taliaferro Clough

n/a

OWINGS MILLS, MD

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

Clough, Bradley, Taliaferro

PRESIDENT & CHIEF COMPLIANCE OFFICER

yes

09/2023

Jan 10, 2024

Dec 6, 2024

THE MARSHALL FINANCIAL GROUP LLC

Owner

yes

08/2022

Sep 19, 2022

Dec 6, 2024

City

State

Country

Employees

Also broker-dealer

CEDAR FALLS

United States

OWINGS MILLS

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 16, 2026

$31.6M

n/a

2024

Apr 21, 2025

$33.4M

n/a

2023

Feb 26, 2024

$33.4M

n/a

2022

Jan 17, 2023

$38.2M

n/a

2021

Mar 30, 2021

$50.6M

n/a

2020

Apr 8, 2020

$56.5M

n/a

2019

Apr 17, 2019

$66.6M

n/a

2018

Apr 24, 2018

$64.0M

n/a

2017

Apr 19, 2017

$70.3M

n/a

2016

Apr 13, 2016

$76.1M

n/a

2015

Apr 10, 2015

$78.2M

n/a

2014

Apr 25, 2014

$76.5M

n/a

2013

Apr 25, 2013

$81.1M

n/a

2012

Mar 27, 2012

$77.2M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$31.6M

$33.4M

-5.5%

$38.2M

-6.1%