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
Tufton Capital Management, LLC
Latest filing Apr 13, 2026
First filing on the tape Mar 14, 2012 · 28 filings
SEC status approved since Oct 10, 1995
RAUM
$464M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$432M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$92.8M
derived; firm RAUM over IAPD count
Employees
9
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$464M as of Apr 13, 2026
Mar 14, 2012$723M then
HNW client RAUM$407M as of Apr 13, 2026
Mar 20, 2018$505M then
State-registered IARs (5.B.3)6 as of Apr 13, 2026
Mar 14, 20120 then
Employees (5.A)9 as of Apr 13, 2026
Mar 26, 201311 then
Private funds: no history
RAUM -43% over the last fiscal year-14% a year over threeIARs 0 to 6
Practice profile
derived from the filing of Apr 13, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $92.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 50derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $1.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 2.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -43%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- -15%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, publications, educational seminarsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$407M88%
- Individuals$25.0M5.4%
- Corporations and businesses$20.2M4.4%
- Charitable organizations$11.5M2.5%
- Individual clients
- 78reported
- HNW clients
- 170reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 423reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.93 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Eric Paul Schopf | Hunt Valley, Md | Jan 13, 2023 | 34 y | 1 |
| Charles Avery MeyerChartered Financial Analyst | Hunt Valley, Md | Jan 13, 2023 | 27 y | 1 |
| Ricky Scott RubinChartered Financial Analyst | Hunt Valley, Md | Jan 13, 2023 | 11 y | 1 |
| John Scott Murphy | Hunt Valley, Md | Jan 13, 2023 | 29 y | 1 |
| Barbara Lascuola Rishel | Hunt Valley, Md | Jan 13, 2023 | 25 y | 4 |
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
- Edward George Hart to Marathon Capital ManagementNov 22, 2021 · RIA to RIA
- William Neill Peck to Janney Montgomery Scott LLCAug 10, 2018 · RIA to affiliated broker-dealer or bank
- John J Kernan to Merrill Lynch, Pierce, Fenner & Smith IncorporatedAug 10, 2018 · RIA to wirehouse
Joined, latest
- Barbara Lascuola Rishel from Merrill Lynch, Pierce, Fenner & Smith IncorporatedJul 15, 2011 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Avery Charles Meyer · President / Chief Compliance Officercontrolsince 11/2013 · owns 50% to 75%
- Scott John Murphy · Partnercontrolsince 02/2004 · owns 10% to 25%
- Paul Eric Schopf · Partnercontrolsince 01/2004 · owns 10% to 25%
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 |
|---|---|---|---|---|---|
| Hunt Valley, Md · principal | 5 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- account count collapseChange between filings · filing Apr 13, 2026accounts (Item 5.F.2.f) moved from 791.0 to 423.0 (-47.0%) between the annual amendments of 2025-03-28 and 2026-04-13; the peer median change was +5.0% (3688 comparable advisers, 3.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,688) · 3.3% percentile
- RAUM down 25 %Change between filings · filing Apr 13, 2026RAUM (Item 5.F) moved from $810,080,632 to $463,781,747 (-43.0%) between the annual amendments of 2025-03-28 and 2026-04-13; the peer median change was +15.0% (4551 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 0.7% percentile
What changed
consecutive filings, newest first
- Accounts · 791 to 423May 28, 2025 to Mar 27, 2026
- HNW clients · 183 to 170May 28, 2025 to Mar 27, 2026
- Individual clients · 110 to 78May 28, 2025 to Mar 27, 2026
- Insurance-licensed employees · 0 to 6May 28, 2025 to Mar 27, 2026
- State-registered IARs · 0 to 6May 28, 2025 to Mar 27, 2026
- Discretionary RAUM · $810M to $464MMay 28, 2025 to Mar 27, 2026
- HNW RAUM · $714M to $407MMay 28, 2025 to Mar 27, 2026
- Individual RAUM · $46.6M to $25.0MMay 28, 2025 to Mar 27, 2026
- Pension RAUM · $912,154 to $0May 28, 2025 to Mar 27, 2026
- RAUM · $810M to $464MMay 28, 2025 to Mar 27, 2026
- Related adviser · false to trueMay 28, 2025 to Mar 27, 2026
- Financial planning clients · 0 to 0Mar 28, 2025 to May 28, 2025
- Accounts · 755 to 791Mar 21, 2024 to Mar 28, 2025
- Charity clients · 6.0 to unsetMar 21, 2024 to Mar 28, 2025
- HNW clients · 212 to 183Mar 21, 2024 to Mar 28, 2025
- Individual clients · 140 to 110Mar 21, 2024 to Mar 28, 2025
- Discretionary RAUM · $728M to $810MMar 21, 2024 to Mar 28, 2025
- HNW RAUM · $630M to $714MMar 21, 2024 to Mar 28, 2025
- Individual RAUM · $47.3M to $46.6MMar 21, 2024 to Mar 28, 2025
- Pension RAUM · $847,796 to $912,154Mar 21, 2024 to Mar 28, 2025
- RAUM · $728M to $810MMar 21, 2024 to Mar 28, 2025
- Accounts · 323 to 755Jun 20, 2023 to Mar 19, 2024
- Charity clients · unset to 6.0Jun 20, 2023 to Mar 19, 2024
- Corporate clients · 9.0 to unsetJun 20, 2023 to Mar 19, 2024
- HNW clients · 150 to 212Jun 20, 2023 to Mar 19, 2024
- Individual clients · 159 to 140Jun 20, 2023 to Mar 19, 2024
- Discretionary RAUM · $730M to $728MJun 20, 2023 to Mar 19, 2024
- HNW RAUM · $618M to $630MJun 20, 2023 to Mar 19, 2024
- Individual RAUM · $65.7M to $47.3MJun 20, 2023 to Mar 19, 2024
- Pension RAUM · $818,000 to $847,796Jun 20, 2023 to Mar 19, 2024
- RAUM · $730M to $728MJun 20, 2023 to Mar 19, 2024
- Accounts · 374 to 323Jan 13, 2023 to Feb 6, 2023
- Charity clients · 8.0 to unsetJan 13, 2023 to Feb 6, 2023
- Corporate clients · 5 to 9Jan 13, 2023 to Feb 6, 2023
- HNW clients · 213 to 150Jan 13, 2023 to Feb 6, 2023
- Individual clients · 146 to 159Jan 13, 2023 to Feb 6, 2023
- Discretionary RAUM · $957M to $730MJan 13, 2023 to Feb 6, 2023
- HNW RAUM · $744M to $618MJan 13, 2023 to Feb 6, 2023
- Individual RAUM · $59.1M to $65.7MJan 13, 2023 to Feb 6, 2023
- Pension RAUM · $967,000 to $818,000Jan 13, 2023 to Feb 6, 2023
Signals
1 dated events
- Tufton Capital Management, Llc reported RAUM $463.8M, down 43% from $810.1M (2025-05-28 to 2026-03-27)Mar 27, 2026 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 410-400-8500reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 888-920-1320reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/TUFTON-CAPITAL-MANAGMENTreportedpublic record, Form ADV, Sep 17, 2026
- Website
- TUFTONCAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 410-400-8500reportedpublic record, Form ADV, Apr 13, 2026
- Contact form
- merceradvisors.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- merceradvisors.com/meet-our-team/barbara-rishelreportedpublished by the firm, firm site, Sep 15, 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $92.8Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026