Canton Hathaway LLC logo

Canton Hathaway LLC

Updated today

Client assets under management

$612,463,863

Clients

84

80% high-net-worth

Advisors

5

of 5 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

17

Very Low

Average account size

$7,291,236

About

Canton Hathaway provides investment advisory services primarily to individuals, family groups, trusts and charitable organizations, and also serves pension plans and other institutional clients through an outsourced CIO arrangement. The firm offers separately managed portfolios, subadvisory services to other RIAs, and manages affiliated private investment vehicles on behalf of investors.

Accounts are managed on an individualized, tax-aware basis using a combination of fundamental, technical and quantitative analysis and proprietary factor-based models to manage portfolio risk. Investment programs typically emphasize liquid equities, investment-grade fixed income built with a laddered approach, ETFs, and—where suitable for accredited investors—private placements and illiquid fund investments that are valued using listed valuation methodologies.

Distinctive elements include the firm’s role as manager and general partner of affiliated private funds structured for single-project real estate or private equity investments, a capability that is uncommon for team-sized firms. The firm discloses relationships with third-party private-placement sponsors and related conflicts of interest, has a relatively concentrated client base by assets, and does not provide standalone financial planning services; it also disclosed and addressed a prior SEC censure related to delivery of Form CRS.

Client services

Portfolio management Pension consulting Selection of other advisers

Expertise

Private / alternative investments Real estate investing Factor investing / smart beta

Occupation focus

Founder/Business Owner Retired

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Fee options

Fixed

Outsourced CIO services fixed fee ranges from $50,000 to $150,000 per year, may be reduced or waived.

Percentage

$0 - $2,000,000: 0.90% annually $2,000,000 - $5,000,000: 0.80% annually $5,000,000 - $10,000,000: 0.70% annually $10,000,000+: 0.60% annually

Other

Account minimum: $2,000,000

Main office location

Canton Hathaway LLC

One West Exchange Street, Suite 3202

Providence RI 02903, United States

Number of offices

2

Most active in

Florida · Louisiana · Rhode Island

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Anthony M

Series 63, Series 66

Providence, RI

Canton Hathaway LLC

Anthony Marcello is a financial advisor with Canton Hathaway LLC in Palm Beach, FL, holding Series 63 and Series 66 credentials and bringing 28 years of industry experience. His prior roles include positions at Four Points Capital Partners and Cetera Advisor Networks. Outside of his advisory work, he is involved in consulting on real estate, insurance, and business introductions through ACM3, LLC. Canton Hathaway provides investment management and advisory services to individuals, families, trusts, charitable organizations, and institutional clients, managing approximately $673 million in assets. The firm uses a rules-based approach combining fundamental, technical, and quantitative research, and offers discretionary portfolio management, outsourced CIO services, and administration of affiliated private investment funds.

Private / alternative investments Real estate investing Factor investing / smart beta Founder/Business Owner Retired
user avatar

Robert C

Series 63, Series 65

Providence, RI

Canton Hathaway LLC

Robert Cusack is a financial advisor at Canton Hathaway LLC in Providence, RI, with 19 years of industry experience. He holds Series 63 and Series 65 credentials and has worked at Canton Hathaway since 2018. Prior to that, he was with WhaleRock Point Partners, LLC from 2012 to 2018. Outside of his advisory role, he serves as Chief Financial Officer at EMB, LLC, overseeing financial administration, and is the board secretary for the nonprofit Tobacco Settlement Financial Corp. Canton Hathaway provides investment management and advisory services to individuals, family groups, trusts, charitable organizations, and institutional clients. The firm employs a rules-based investment approach that integrates fundamental, technical, and quantitative research with proprietary risk models, managing approximately $673 million in assets through a small team.

Private / alternative investments Real estate investing Factor investing / smart beta Founder/Business Owner Retired
user avatar

Malcolm C

Series 63, Series 65

Providence, RI

Canton Hathaway LLC

Malcolm Chace is a financial advisor at Canton Hathaway LLC in Providence, RI, with 26 years of industry experience. He holds Series 63 and Series 65 credentials and previously worked at Whalerock Point Partners, LLC. Outside of his advisory role, he owns and operates a family office that provides administrative and investment oversight for family accounts and manages several family investment vehicles for private investments. Canton Hathaway provides investment management and advisory services to individuals, family groups, trusts, charitable organizations, and institutional clients. The firm employs a rules-based investment approach combining fundamental, technical, and quantitative research, managing approximately $673 million in assets through a small team.

Private / alternative investments Real estate investing Factor investing / smart beta Founder/Business Owner Retired
user avatar

Nicholas T

Series 63, Series 65

Providence, RI

Canton Hathaway LLC

Nicholas Trotman is a financial advisor at Canton Hathaway LLC in Providence, RI, with 14 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Whalerock Point Partners LLC and Flowpoint Capital Partners LP. Mr. Trotman is also the founder of Northpoint Financial Consulting, LLC, where he provides financial consulting services. Canton Hathaway offers investment management and advisory services to individuals, families, trusts, charitable organizations, and institutional clients. The firm employs a rules-based investment approach that integrates fundamental, technical, and quantitative research, managing approximately $673 million in assets through a team of five advisors.

Private / alternative investments Real estate investing Factor investing / smart beta Founder/Business Owner Retired
user avatar

Kenneth G

Series 63, Series 65

Providence, RI

Canton Hathaway LLC

Kenneth Goodreau is a financial advisor at Canton Hathaway LLC in Providence, RI, with 13 years of industry experience. He holds Series 63 and Series 65 designations and has worked at WhaleRock Point Partners, LLC and Flow Point Capital Partners, LP prior to joining Canton Hathaway in 2018. Canton Hathaway provides investment management and advisory services to individuals, families, trusts, charitable organizations, and institutional clients, including pension plans. The firm employs a rules-based investment approach combining fundamental, technical, and quantitative research, and offers discretionary portfolio management, outsourced CIO services, and private fund advisory and administration.

Private / alternative investments Real estate investing Factor investing / smart beta Founder/Business Owner Retired
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