DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Ashford Capital Management Inc
Latest filing Jul 28, 2026
First filing on the tape Nov 28, 2011 · 28 filings
SEC status approved since Feb 15, 1980
RAUM
$966M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
29%
$282M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$322M
derived; firm RAUM over IAPD count
Employees
14
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$966M as of Jul 28, 2026
Nov 28, 2011$677M then
HNW client RAUM$276M as of Jul 28, 2026
Dec 5, 2017$255M then
State-registered IARs (5.B.3)4 as of Jul 28, 2026
Nov 28, 20110 then
Employees (5.A)14 as of Jul 28, 2026
Nov 21, 201214 then
Private funds4 as of Jul 28, 2026
Nov 28, 20112 then
RAUM +22% over the last fiscal year-7.7% a year over threeIARs 5 to 4
Practice profile
derived from the filing of Jul 28, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- RAUM per advisor
- $322MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 19derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.4MderivedHNW RAUM over HNW clients
- Average account
- $10.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 43%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 4.7derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +13%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.1%derived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, publicationsreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Charitable organizations$359M37%
- High-net-worth individuals$276M29%
- Pooled investment vehicles$265M27%
- Pension and profit-sharing plans$58.6M6.1%
- Individuals$5.5M0.6%
- Corporations and businesses$1.2M0.1%
- Individual clients
- 7reported
- HNW clients
- 51reported
- Pension plan clients
- n/areported
- Charitable clients
- 28reported
- Accounts
- 95reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.29 fund_share=0.27 institutional_share=0.43 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Theodore H AshfordChartered Financial Analyst | Wilmington, De | Jan 1, 1990 | 46 y | 0 |
| Clifford John Short | Wilmington, De | Aug 10, 2018 | 24 y | 5 |
| Theodore H., III Ashford | Wilmington, De | Apr 24, 2021 | 32 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Charles S Weeks to Weeks Financial Services, LLCAug 20, 2014 · Other
Joined, latest
- Clifford John Short from Raymond James Financial Services Advisors, IncAug 10, 2018 · Other
Private funds
4 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Ashford Capital Partners, L.P. | Hedge Fund | $164M | 67 | Nov 28, 2011 |
| Osprey Investment Partners, L.P. | Hedge Fund | $31.6M | 29 | Nov 24, 2014 |
| Ashford Institutional Growth Fund, LLC | Hedge Fund | $23.2M | 6 | Dec 4, 2018 |
| Anvil Investment Associates, LP | Hedge Fund | $447,596 | 7 | Nov 28, 2011 |
Owners and control persons
Schedule A and B, latest filing
- H Theodore Ashford · Chairman, Director (Class A Shares)controlsince 10/2011 · owns 5% to 10%
- III H. Theodore Ashford · Chief Executive Officer, Director, Chief Investment Officer (Class A&B Shares)controlsince 01/2018 · owns 75% or more
- Victoria Louise Horan · Vice President, Operations (Class B Shares)controlsince 04/2001 · owns less than 5%
- Francis Joseph Petko · Vice President & Co-Chief Investment Officercontrolsince 01/2018 · owns less than 5%
- Mark Anthony Petrucci · Chief Financial Officer, Directorcontrolsince 10/2007 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Wilmington, De · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- very high RAUM per advisorStatic outlier · filing Jul 28, 2026RAUM per registered advisor of $321,944,354 against a peer median of $106,365,769 (1262 comparable advisers, 100.0th percentile, 3.7 robust deviations)peers: independent wealth managers, $500M to $1B (1,262) · 100% percentile
- unusually large average accountStatic outlier · filing Jul 28, 2026RAUM per account of $10,166,664 against a peer median of $611,284 (1444 comparable advisers, 99.0th percentile, 6.4 robust deviations)peers: independent wealth managers, $500M to $1B (1,444) · 99% percentile
- control person changedChange between filings · filing Jul 28, 2026PETKO, JOSEPH, FRANCIS (VICE PRESIDENT & CO-CHIEF INVESTMENT OFFICER) left Schedule A between the filings of 2011-11-28 and 2026-07-28peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
- Accounts · 99 to 95Oct 17, 2025 to Dec 16, 2025
- Advisory employees · 9 to 8Oct 17, 2025 to Dec 16, 2025
- Charity clients · 26 to 28Oct 17, 2025 to Dec 16, 2025
- HNW clients · 57 to 51Oct 17, 2025 to Dec 16, 2025
- Individual clients · 6 to 7Oct 17, 2025 to Dec 16, 2025
- Employees · 15 to 14Oct 17, 2025 to Dec 16, 2025
- State-registered IARs · 5 to 4Oct 17, 2025 to Dec 16, 2025
- Discretionary RAUM · $895M to $966MOct 17, 2025 to Dec 16, 2025
- HNW RAUM · $281M to $276MOct 17, 2025 to Dec 16, 2025
- Individual RAUM · $5.5M to $5.5MOct 17, 2025 to Dec 16, 2025
- Pension RAUM · $48.1M to $58.6MOct 17, 2025 to Dec 16, 2025
- Pooled vehicle RAUM · $255M to $265MOct 17, 2025 to Dec 16, 2025
- RAUM · $895M to $966MOct 17, 2025 to Dec 16, 2025
- Financial planning clients · unset to Dec 19, 2024 to Oct 17, 2025
- Accounts · 100 to 99Dec 18, 2023 to Dec 19, 2024
- Charity clients · 25 to 26Dec 18, 2023 to Dec 19, 2024
- HNW clients · 59 to 57Dec 18, 2023 to Dec 19, 2024
- Discretionary RAUM · $792M to $895MDec 18, 2023 to Dec 19, 2024
- HNW RAUM · $241M to $281MDec 18, 2023 to Dec 19, 2024
- Individual RAUM · $3.5M to $5.5MDec 18, 2023 to Dec 19, 2024
- Pension RAUM · $40.3M to $48.1MDec 18, 2023 to Dec 19, 2024
- Pooled vehicle RAUM · $261M to $255MDec 18, 2023 to Dec 19, 2024
- RAUM · $792M to $895MDec 18, 2023 to Dec 19, 2024
- Accounts · 107 to 100Dec 7, 2022 to Dec 18, 2023
- Charity clients · 26 to 25Dec 7, 2022 to Dec 18, 2023
- Corporate clients · 5.0 to unsetDec 7, 2022 to Dec 18, 2023
- HNW clients · 62 to 59Dec 7, 2022 to Dec 18, 2023
- Employees · 21 to 15Dec 7, 2022 to Dec 18, 2023
- Discretionary RAUM · $809M to $792MDec 7, 2022 to Dec 18, 2023
- HNW RAUM · $269M to $241MDec 7, 2022 to Dec 18, 2023
- Individual RAUM · $3.3M to $3.5MDec 7, 2022 to Dec 18, 2023
- Pension RAUM · $41.9M to $40.3MDec 7, 2022 to Dec 18, 2023
- Pooled vehicle RAUM · $252M to $261MDec 7, 2022 to Dec 18, 2023
- RAUM · $809M to $792MDec 7, 2022 to Dec 18, 2023
- Accounts · 109 to 107Nov 29, 2021 to Dec 7, 2022
- HNW clients · 66 to 62Nov 29, 2021 to Dec 7, 2022
- Individual clients · 5 to 6Nov 29, 2021 to Dec 7, 2022
- Pooled vehicle clients · 5 to 6Nov 29, 2021 to Dec 7, 2022
- Employees · 15 to 21Nov 29, 2021 to Dec 7, 2022
- Discretionary RAUM · $1.2B to $809MNov 29, 2021 to Dec 7, 2022
Signals
3 dated events
- Ashford Capital Management Inc reported RAUM $809.1M, down 34% from $1.2B (2021-11-29 to 2022-12-07)Dec 7, 2022 · RAUM change · derived
- Ashford Capital Management Inc reported RAUM $1.2B, up 28% from $959.4M (2020-12-07 to 2021-11-29)Nov 29, 2021 · RAUM change · derived
- Ashford Capital Management Inc reported RAUM $884.9M, up 26% from $701.4M (2017-12-05 to 2018-12-04)Dec 4, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Ashford Capital Management Inc · Family Officesshared crd · office
How to reach
public business contact points only, each with its source
- Business email
- info@ashfordcapital.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 302-655-1750reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- ASHFORDCAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 302-655-1750reportedpublic record, Form ADV, Jul 28, 2026
- Contact form
- ashfordcapital.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $322Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026