{"url":"https://nivawealth.com/firms/cannell-capital-158371","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/158371","regulatoryAum":372826733,"crd":"158371","history":[{"filedOn":"2021-03-30","regulatoryAum":631599364,"clients":18,"employees":8,"offices":2},{"filedOn":"2022-07-22","regulatoryAum":892815319,"clients":20,"employees":8,"offices":2},{"filedOn":"2023-05-12","regulatoryAum":798823185,"clients":25,"employees":7,"offices":2},{"filedOn":"2024-05-02","regulatoryAum":851813961,"clients":22,"employees":7,"offices":2},{"filedOn":"2025-04-30","regulatoryAum":527610283,"clients":17,"employees":4,"offices":2},{"filedOn":"2026-03-20","regulatoryAum":372826733,"clients":8,"employees":4,"offices":2}],"secFileNumber":"801-72618","legalName":"Cannell Capital LLC","displayName":"Cannell Capital","slug":"cannell-capital-158371","website":"https://cannellcapital.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_private_markets_manager","typeLabel":"Private markets","feeDisclosure":"payment_only"},"linkedinUrl":"http://www.linkedin.com/company/cannell-capital-llc/about/","xUrl":"https://twitter.com/cannellcapital","founded":null,"organization":"Wyoming limited liability company","fiscalYearEnd":"December","headquarters":{"street":"245 Meriwether Circle","city":"Alta","state":"WY","stateName":"Wyoming","country":"United States","postalCode":"83414"},"tradeNames":["Pampanito Corporation Dba Cannell Capital Corporation (Relying Adviser)"],"registration":{"secApproved":"29 July 2011","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1961433,"staff":{"employees":4,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":372826733,"discretionary":372826733,"discretionaryAccounts":11,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":10,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":6,"regulatoryAum":11768598},{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":156354836},{"label":"Other","clients":null,"fewerThan5":true,"regulatoryAum":204703299}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":11768598}],"custodyNote":"Cannell Capital has custody of client assets.","leadership":[{"name":"James Cannell","title":"Managing Member of Cannell Capital LLC / President of Pamapanito Corporation Dba Cannell Capital Corporation","crd":"2465174"},{"name":"Stephen Wagstaff","title":"Chief Financial Officer of Cannell Capital LLC / Chief Financial Officer of Pampanito Corporation Dba Cannell Capital Corporat","crd":"5776553"},{"name":"Stephen Wagstaff","title":"Chief Compliance Officer","crd":"5776553"}],"ownership":[{"label":"James Cannell","detail":"Managing member of cannell capital llc / president of pamapanito corporation dba cannell capital corporation in the 75% or more ownership band and a control person, since August 1996."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"664 Bridgeway","city":"Sausalito"}]},{"state":"Wyoming","offices":1,"addresses":[{"street":"245 Meriwether Circle","city":"Alta","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"307-733-2284","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":97},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Derivatives","percent":1}],"privateFunds":3},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/158371/PDF/158371.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Cannell Capital have?","answer":"Cannell Capital has 8 clients and manages $373 million for them, as of March 2026. They include 6 high-net-worth individuals and 2 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cannell Capital offer?","answer":"Cannell Capital provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Cannell Capital use?","answer":"Cannell Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $11.8M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Cannell Capital have?","answer":"Cannell Capital has 0 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Cannell Capital invest in?","answer":"At the end of its last fiscal year, Cannell Capital’s separately managed accounts held 97% exchange-traded equities, 1% non-exchange-traded equities, 1% high-yield corporate bonds and 1% derivatives. It advises 3 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Cannell Capital?","answer":"Cannell Capital’s direct owner is James Cannell (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cannell Capital get paid?","answer":"Cannell Capital is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Cannell Capital registered with the SEC?","answer":"Yes, Cannell Capital has been registered with the SEC as an investment adviser since 29 July 2011. Its CRD number is 158371 and its SEC file number is 801-72618.","source":"Form ADV Part 1A, Item 1, filed 20 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Cannell Capital?","answer":"Cannell Capital’s main office is at 245 Meriwether Circle, Alta, WY 83414. Its phone number is 307-733-2284. Its website is cannellcapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/cannell-capital-158371/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-18","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1058854/000142050626001852/0001420506-26-001852-index.html","totalValue":149123084,"positionCount":36,"top10Share":0.5528064856813181,"top10":[{"issuer":"ATEGRITY SPECIALTY IN CO HO","titleOfClass":"COM","cusip":"04681Y103","value":11791187,"shares":490482,"shareType":"SH","priorValue":9618184,"priorShares":486504},{"issuer":"SNDL INC","titleOfClass":"COM","cusip":"83307B101","value":11663164,"shares":8639381,"shareType":"SH","priorValue":11564725,"priorShares":8761155},{"issuer":"NORTH AMERN CONSTR GROUP 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Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}