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

A.G. Campbell Advisory, LLC

Independent wealth managerBaltimore, MarylandCRD 162150SEC 801-80616websiteIAPD
Latest filing Mar 11, 2026
First filing on the tape Nov 12, 2014 · 24 filings
SEC status approved since Dec 3, 2014
RAUM
$404M
reported, Item 5.F
Discretionary
70%
of RAUM
Private clients
70%
$284M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$101M
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$404M as of Mar 11, 2026
Apr 3, 2015$209M then
HNW client RAUM$272M as of Mar 11, 2026
Mar 26, 2018$261M then
State-registered IARs (5.B.3)0 as of Mar 11, 2026
Apr 3, 20150 then
Employees (5.A)5 as of Mar 11, 2026
Apr 3, 20153 then
Private funds: no history
RAUM +17% over the last fiscal year+4.9% a year over threeIARs 0 to 0offices 1 to 2
Practice profile
derived from the filing of Mar 11, 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
$101MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
15derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$9.4MderivedHNW RAUM over HNW clients
Average account
$1.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
70%derivedof RAUM
Institutional
1.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-1.6%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$272M67%
  • Corporations and businesses$114M28%
  • Individuals$12.0M3.0%
  • Pension and profit-sharing plans$5.1M1.3%
Individual clients
32reported
HNW clients
29reported
Pension plan clients
1reported
Charitable clients
0reported
Accounts
217reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.7 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Alexander Gould CampbellBaltimore, MdJun 4, 201240 y3
Elizabeth BrennenCertified Financial PlannerBaltimore, MdOct 28, 202028 y2
Alexander G CampbellBaltimore, MdJul 15, 202412 y0
Mark David ScottBaltimore, MdJan 1, 202526 y1
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
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Elizabeth Brennen · Principalcontrol
      since 01/2022 · owns 10% to 25%
    • Gould Alexander Campbell · Founding Principalcontrol
      since 02/2012 · owns 50% to 75%
    • David Mark Scott · Managing Principal - Ccocontrol
      since 03/2013 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Baltimore, Md · principal400
    Offices
    Schedule D 1.F, the 25 largest
    • Naples, FL1 employees
    ADV anomalies
    5 against comparable advisers; where to look, not conclusions
    • wealth to institutional shiftCombination · filing Mar 11, 2026
      private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $345,011,484 to $403,897,677, advisors 0 to 0, private clients 62 to 61, offices 1 to 2 (2025-03-16 to 2026-03-11)
      peers: independent wealth managers, $100M to $500M (5,676)
    • unusually large average HNW clientStatic outlier · filing Mar 11, 2026
      HNW RAUM per HNW client of $9,392,754 against a peer median of $2,404,040 (4940 comparable advisers, 99.0th percentile, 4.7 robust deviations)
      peers: independent wealth managers, $100M to $500M (4,940) · 99% percentile
    • client mix shiftChange between filings · filing Mar 11, 2026
      private-client share of RAUM moved from 97.0% to 70.0% between the annual amendments of 2025-03-16 and 2026-03-11
      peers: independent wealth managers, $100M to $500M (5,676)
    • HNW share shiftChange between filings · filing Mar 11, 2026
      HNW share of RAUM moved from 93.0% to 67.0% between the annual amendments of 2025-03-16 and 2026-03-11
      peers: independent wealth managers, $100M to $500M (5,676)
    • institutional asset share shiftChange between filings · filing Mar 11, 2026
      institutional share of RAUM moved from 3.0% to 30.0% between the annual amendments of 2025-03-16 and 2026-03-11
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 67 to 217
      Jul 30, 2025 to Mar 11, 2026
    • Corporate clients · 4 to 5
      Jul 30, 2025 to Mar 11, 2026
    • HNW clients · 28 to 29
      Jul 30, 2025 to Mar 11, 2026
    • Individual clients · 34 to 32
      Jul 30, 2025 to Mar 11, 2026
    • Discretionary RAUM · $211M to $284M
      Jul 30, 2025 to Mar 11, 2026
    • HNW RAUM · $322M to $272M
      Jul 30, 2025 to Mar 11, 2026
    • Individual RAUM · $11.1M to $12.0M
      Jul 30, 2025 to Mar 11, 2026
    • Non-discretionary RAUM · $134M to $120M
      Jul 30, 2025 to Mar 11, 2026
    • Pension RAUM · $4.1M to $5.1M
      Jul 30, 2025 to Mar 11, 2026
    • RAUM · $345M to $404M
      Jul 30, 2025 to Mar 11, 2026
    • Financial planning clients · 11-25 to 11-25
      Mar 16, 2025 to Jul 30, 2025
    • Other offices · 1 to 2
      Mar 16, 2025 to Jul 30, 2025
    • Accounts · 68 to 67
      Aug 21, 2024 to Mar 16, 2025
    • Advisory employees · 3 to 5
      Aug 21, 2024 to Mar 16, 2025
    • HNW clients · 27 to 28
      Aug 21, 2024 to Mar 16, 2025
    • Individual clients · 36 to 34
      Aug 21, 2024 to Mar 16, 2025
    • Employees · 3 to 5
      Aug 21, 2024 to Mar 16, 2025
    • Financial planning clients · 1-10 to 11-25
      Aug 21, 2024 to Mar 16, 2025
    • Discretionary RAUM · $83.7M to $211M
      Aug 21, 2024 to Mar 16, 2025
    • HNW RAUM · $389M to $322M
      Aug 21, 2024 to Mar 16, 2025
    • Individual RAUM · $11.1M to $11.1M
      Aug 21, 2024 to Mar 16, 2025
    • Non-discretionary RAUM · $328M to $134M
      Aug 21, 2024 to Mar 16, 2025
    • Pension RAUM · $3.5M to $4.1M
      Aug 21, 2024 to Mar 16, 2025
    • RAUM · $411M to $345M
      Aug 21, 2024 to Mar 16, 2025
    • Accounts · 69 to 68
      Mar 29, 2023 to Mar 20, 2024
    • Corporate clients · 3 to 4
      Mar 29, 2023 to Mar 20, 2024
    • HNW clients · 28 to 27
      Mar 29, 2023 to Mar 20, 2024
    • Individual clients · 37 to 36
      Mar 29, 2023 to Mar 20, 2024
    • Discretionary RAUM · $72.8M to $83.7M
      Mar 29, 2023 to Mar 20, 2024
    • HNW RAUM · $336M to $389M
      Mar 29, 2023 to Mar 20, 2024
    • Individual RAUM · $10.3M to $11.1M
      Mar 29, 2023 to Mar 20, 2024
    • Non-discretionary RAUM · $277M to $328M
      Mar 29, 2023 to Mar 20, 2024
    • Pension RAUM · $2.9M to $3.5M
      Mar 29, 2023 to Mar 20, 2024
    • RAUM · $350M to $411M
      Mar 29, 2023 to Mar 20, 2024
    • Accounts · 67 to 69
      May 5, 2022 to Mar 29, 2023
    • Corporate clients · 4 to 3
      May 5, 2022 to Mar 29, 2023
    • Individual clients · 34 to 37
      May 5, 2022 to Mar 29, 2023
    • Discretionary RAUM · $90.3M to $72.8M
      May 5, 2022 to Mar 29, 2023
    • HNW RAUM · $404M to $336M
      May 5, 2022 to Mar 29, 2023
    • Individual RAUM · $11.1M to $10.3M
      May 5, 2022 to Mar 29, 2023
    Signals
    2 dated events
    • Elizabeth Brennen (Principal) appeared on Schedule A of A.G. Campbell Advisory, Llc
      May 5, 2022 · Control person joined · fact
    • A.G. Campbell Advisory, Llc filed its initial SEC registration (Form ADV)
      Nov 12, 2014 · First SEC registration · fact
    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
    800-262-7617reportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    linkedin.com/company/a-g-campbell-advisory-llcreportedpublic record, Form ADV, Sep 17, 2026
    Website
    AGCADVISORY.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    410-779-1239reportedpublic record, Form ADV, Mar 11, 2026
    Contact form
    agcadvisory.com/contactreportedpublished by the firm, firm site, Sep 17, 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
    $101Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026