David Rhodes Cannon, C.P.A., LLC

The firm is registered as an investment manager and, while firms in this category often oversee pooled or institutional assets, the Form ADV describes services for individuals and high‑net‑worth clients and lists ongoing portfolio management, financial planning, and separate accounting and income tax preparation. It provides Investment Policy Statements and asset‑allocation advice, and also offers stand‑alone financial plans and accounting support such as tax return and financial‑statement preparation for a separate fee.

DRC’s investment process centers on tailored Investment Policy Statements that document objectives and risk tolerance, with a stated preference for well‑diversified, value‑biased, actively managed funds and the use of ETFs (including precious‑metal ETFs) and TIPS. The firm employs a mix of cyclical, fundamental, modern‑portfolio‑theory and quantitative analysis, uses a long‑term trading orientation, and may manage accounts on both a discretionary and non‑discretionary basis while acknowledging fiduciary obligations for retirement accounts.

Noteworthy for this investment‑manager category, the advisory practice is operated by a licensed accountant and integrates tax and accounting services alongside investment advice, including assistance with bookkeeping entries and preparation of client financial statements. The firm also discloses hourly billing for financial planning and accounting work and operates at a modest asset scale, suggesting a boutique model that emphasizes combined accounting and investment services rather than a larger, institutional manager structure.