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I just finished restoring the theives guild to its former glory and become the head master. I have heard that every fence near the ragged flaggon is suppossed to have 4000 gold but for me only tonilia has 4000 gold the other fences still only have 500-1000 gold. Is there any other quests related to this that I have to complete or did my game just glitch.

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The fences will have increased gold based on how much you have improved the guild.

Fences originally only have 1000 merchant gold, but that can be increased to 1500, 2250, 3000, and then ultimately 4000 gold by improving the guild.

Improving the guild includes doing the side-quests offered by Delvin and Vex.

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