ASHFORD CAPITAL MANAGEMENT INC

Advisory Business

Type of Organization	Corporation
Fiscal Year End	SEPTEMBER
Legal Location	Delaware, United States

Employees

Total Number of Employees	15
Investment Advisory/Research	9
Registered Broker-Dealer Representatives	0
Registered State Investment Advisers	5
Licensed Agents of an Insurance Company	0
No. of Firms/People that Solicit Clients	0

RAUM

Provides Management of Securities Portfolios	Yes

Type	Accounts	RAUM
Discretionary	100	$791.7M
Non-Discretionary	0	$0
Total	100	$791.7M

Clients

Type	Number	RAUM
Individuals	6	$3.5M
HNW Individuals	59	$241.3M
Banking or thrift institutions	0	$0
Investment companies	0	$0
Business development companies	0	$0
Pooled investment vehicles	6	$261.2M
Pension and profit sharing plans	<5	$40.3M
Charitable organizations	25	$244.0M
State or municipal gov entities	0	$0
Other investment advisers	0	$0
Insurance companies	0	$0
Sovereign wealth funds and foreign official institutions	0	$0
Corporations or other businesses	<5	$1.4M
Other	0	$0

Type	Number
No. of Non-RAUM Clients	0
No. of Non-U.S. Clients	3

Services

Advisory Services	Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPublication of periodicals or newsletters
Compensation	% of AUMPerformance-based fees

Identifiers

SEC RIA File Number	801-15054
SEC ERA File Number	801-15054
SEC CIK Numbers	897070
SEC CRD Numbers	110696
Legal Entity Identifier	None

Principal Office

ONE WALKERS MILL ROAD
WILMINGTON
DE
United States

Websites

Chief Compliance Officer

No. Employees, Historic

RAUM, Historic

No. Clients, Historic