Mercer Global Advisors—a national Registered Investment Adviser (RIA)—announced the acquisition of Tufton Capital Management, a financial planning and advisory firm based in Hunt Valley, Maryland. This acquisition enhances Mercer Advisors’ presence in the greater Washington, DC, market. With Tufton Capital, Mercer Advisors will have approximately $3 billion in client assets in the region.
Tufton Capital’s owners, Chad Meyer, CFA, President and Managing Partner; Scott Murphy, Portfolio Manager and Partner; and Eric Schopf, Portfolio Manager, Partner, and Director of Research, were looking for a partner that could support their future growth while adding scale and support. And the firm specializes in serving high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients, with a strong focus on cultivating long-term, multigenerational relationships.
Known for its disciplined investment strategy and dedication to personalized service, Tufton Capital has earned a loyal client base across the Mid-Atlantic. With expertise in financial planning and trust and estate services, Tufton is strategically positioned to expand its capabilities and enhance its service offerings as part of Mercer Advisors.
Tufton Capital can now access Mercer Advisors’ comprehensive suite of services, including family office capabilities, expanded estate and tax planning support, and institutional-level investment resources. This strategic partnership will enable Tufton to enhance its client experience, scale its operations, and continue building on its legacy of trusted, multigenerational wealth management.
Advisor: InCap Group acted as the exclusive financial advisor to Tufton Capital Management in the transaction.
KEY QUOTES:
“Clients choose Tufton Capital for our integrity, experience and long-standing commitment to personalized advice. As a fiduciary, we’ve built deep, multigenerational relationships rooted in trust, transparency and sound investment counsel. With Mercer Advisors’ comprehensive family office capabilities, we believe we can better preserve, protect and grow our clients’ wealth so future generations can uphold their family legacies.”
Chad Meyer
“Chad, Scott, Eric and the entire Tufton Capital team have built a firm grounded in integrity, long-term client relationships and a deep commitment to fiduciary excellence. Their personalized, value-oriented approach to wealth management aligns with our mission to help clients achieve financial peace of mind across generations. We’re excited to welcome Tufton to Mercer Advisors and look forward to providing their team with the resources to continue delivering exceptional client service.”
Martine Lellis, Principal, M&A Partner Development at Mercer Advisors
“For advisors like those on the Tufton Capital team who have built a strong practice, Mercer Advisors provides them with the tools to build on their strengths and offer even more value to clients. We’re eager to collaborate with their team, continue serving their clients and support their next phase of growth.”
Ben Kautz, Executive Managing Director at Mercer Advisors
