Tufton Capital Management provides portfolio management for individuals and small businesses, portfolio management for institutions, publishing newsletters, and educational seminars.
Tufton Capital Management reports 248 clients. They include 170 high-net-worth individuals and 78 individual clients. Of its assets, 100.0% ($464M across 423 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 31% | 5% |
| High-net-worth individuals | 69% | 88% |
| Pension and profit-sharing plans | Fewer than 5 | 0% |
| Charitable organizations | Fewer than 5 | 2% |
| Corporations and other businesses | Fewer than 5 | 4% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 78 | $25M | 5.4% | $320K |
| High-net-worth individuals | 170 | $407M | 87.8% | $2.39M |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $11.5M | 2.5% | — |
| Corporations and other businesses | Fewer than 5 | $20.2M | 4.4% | — |
| Total | 248 | $464M | 100% | — |
- Clients
- 78
- Regulatory AUM
- $25M
- AUM share
- 5.4%
- Avg. per client
- $320K
- Clients
- 170
- Regulatory AUM
- $407M
- AUM share
- 87.8%
- Avg. per client
- $2.39M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $11.5M
- AUM share
- 2.5%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $20.2M
- AUM share
- 4.4%
- Avg. per client
- —
Total
- Clients
- 248
- Regulatory AUM
- $464M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Tufton Capital Management charges 0.50%–1.00% for its Basic fee schedule. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $500,000. The brochure also prices one other service, listed under fee details.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$2M | 1.00% |
| $2M–$5M | 0.75% |
| $5M and above | 0.50% |
Fee details and sources
Other fees
- Hourly advice
- Clients seeking advice on a non-continuous basis pay an hourly fee of $75 for support staff and $175 to $200 for investment professionals.
Mercer Global Advisors Inc. owns 75% or more of Tufton Capital Management. The leadership team of Tufton Capital Management includes President Charles Meyer. It has 9 employees, 6 of them in advisory roles.
Staff
- 9 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 75% or more of Tufton Capital Management, LLC
Mercer Global Advisors Inc.
Control person · since April 2025
Tufton Capital Management’s regulatory assets fell from $832M (March 2021) to $464M (April 2026); clients fell from 384 to 248 and employees from 10 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $464M | 248 | 9 | 1 |
| May 2025May 2025 | $810M | 293 | 9 | 1 |
| Mar 2024March 2024 | $728M | 358 | 9 | 1 |
| Jun 2023June 2023 | $730M | 318 | 9 | 1 |
| Mar 2022March 2022 | $957M | 372 | 10 | 1 |
| Mar 2021March 2021 | $832M | 384 | 10 | 1 |
Besides its headquarters, Tufton Capital Management has 0 offices, with 1 listed address in 1 state.
Maryland · 1 listed address
- 303 International Circle, Suite 430, Hunt ValleyHQ
Contact and registration details
- Legal name
- Tufton Capital Management, LLC
- Headquarters
- 303 International Circle, Suite 430, Hunt Valley, MD 21030
- Website
- tuftoncapital.com
- Phone
- 410-400-8500
- @tufton-capital-managment
- SEC file
- 801-50228
- Founded
- 1995
- Structure
- Maryland LLC
- Fiscal year end
- December
Tufton Capital Management does not have custody of client assets.
At year end, Tufton Capital Management’s separately managed accounts were mostly in funds (100%). Its reported 13F holdings for the quarter ended 30 June 2026 total $596K across 127 positions; the largest are Corning Inc. (6.2%), Alphabet Inc. Cap Stk CL C (4.9%) and Microsoft Corp. (4.5%).
What the accounts hold
- Funds100%
How many clients does Tufton Capital Management have?
Tufton Capital Management has 248 clients and manages $464 million for them, as of April 2026. They include 170 high-net-worth individuals and 78 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 April 2026
What services does Tufton Capital Management offer?
Tufton Capital Management provides portfolio management for individuals and small businesses, portfolio management for institutions, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Tufton Capital Management charge?
Tufton Capital Management charges 0.50%–1.00% for its Basic fee schedule. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $500,000.
Source: 2025 TUFTON CAPITAL MANAGEMENT ADV PART 2, filed 13 April 2026
How many financial advisors does Tufton Capital Management have?
Tufton Capital Management has 6 investment adviser representatives registered with state securities authorities, out of 9 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Tufton Capital Management invest in?
At the end of its last fiscal year, Tufton Capital Management’s separately managed accounts held 100% registered funds (mutual funds, ETFs, BDCs).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Tufton Capital Management have a minimum investment?
Yes, Tufton Capital Management’s minimum account size for its Basic fee schedule is $500K.
Source: 2025 TUFTON CAPITAL MANAGEMENT ADV PART 2, filed 13 April 2026
Who owns Tufton Capital Management?
Tufton Capital Management’s direct owner is Mercer Global Advisors Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 13 April 2026
How does Tufton Capital Management get paid?
Tufton Capital Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Tufton Capital Management?
Tufton Capital Management’s main office is at 303 International Circle, Suite 430, Hunt Valley, MD 21030. Its phone number is 410-400-8500. Its website is tuftoncapital.com.