Canton Hathaway provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. The firm advises 4 private funds.
Canton Hathaway reports 96 clients. They include 67 high-net-worth individuals, 17 individual clients, and 5 corporations and other businesses. Of its assets, 97.5% ($844M across 223 accounts) are managed with discretion; $21.8M across 58 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 18% | 1% |
| High-net-worth individuals | 70% | 70% |
| Pooled investment vehicles | 4% | 3% |
| Pension and profit-sharing plans | 2% | 18% |
| State or municipal government entities | 1% | <1% |
| Other client typesCorporations and other businesses | 5% | 7% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 17 | $10.4M | 1.2% | $613K |
| High-net-worth individuals | 67 | $602M | 69.5% | $8.99M |
| Pooled investment vehicles | 4 | $26.6M | 3.1% | $6.64M |
| Pension and profit-sharing plans | Fewer than 5 | $155M | 17.9% | $77.7M |
| State or municipal government entities | Fewer than 5 | $7.13M | 0.8% | $7.13M |
| Corporations and other businesses | 5 | $64.6M | 7.5% | $12.9M |
| Total | 96 | $866M | 100% | — |
- Clients
- 17
- Regulatory AUM
- $10.4M
- AUM share
- 1.2%
- Avg. per client
- $613K
- Clients
- 67
- Regulatory AUM
- $602M
- AUM share
- 69.5%
- Avg. per client
- $8.99M
- Clients
- 4
- Regulatory AUM
- $26.6M
- AUM share
- 3.1%
- Avg. per client
- $6.64M
- Clients
- Fewer than 5
- Regulatory AUM
- $155M
- AUM share
- 17.9%
- Avg. per client
- $77.7M
- Clients
- Fewer than 5
- Regulatory AUM
- $7.13M
- AUM share
- 0.8%
- Avg. per client
- $7.13M
- Clients
- 5
- Regulatory AUM
- $64.6M
- AUM share
- 7.5%
- Avg. per client
- $12.9M
Total
- Clients
- 96
- Regulatory AUM
- $866M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 4
Canton Hathaway charges 0.60%–0.90% a year for its Investment Management Services. The fee is billed in arrears, is negotiable and requires an account of at least $2,000,000.
Fee details and sources
The leadership team of Canton Hathaway includes Chief Compliance Officer Candice Lightfoot. It has 5 employees.
Leadership
- Candice LightfootChief Compliance Officer
- Kenneth GoodreauManaging Director
- Anthony MarcelloDirector of Business Development
- James ProcacciantiDirector
- Nicholas TrotmanManaging Director
- Malcolm ChaceManaging Partner
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 1 broker-dealer rep
- Owns 10% to 25% of Canton Hathaway LLC
Malcolm Chace
Control person · since June 2018
- Owns 10% to 25% of Canton Hathaway LLC
Kenneth Goodreau
Control person · since June 2018
- Owns 10% to 25% of Canton Hathaway LLC
Nicholas Trotman
Control person · since June 2018
- Owns 10% to 25% of Canton Hathaway LLC
James Procaccianti
Control person · since June 2018
- Owns 10% to 25% of Canton Hathaway LLC
Anthony Marcello
Control person · since November 2020
Canton Hathaway’s regulatory assets grew 1.8× from $474M (May 2021) to $866M (March 2026); clients fell from 139 to 96 and employees from 7 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $866M | 96 | 5 | 2 |
| June 2025 | $673M | 105 | 6 | 1 |
| February 2024 | $616M | 87 | 6 | 1 |
| March 2023 | $551M | 75 | 6 | 1 |
| May 2022 | $599M | 51 | 7 | 1 |
| May 2021 | $474M | 139 | 7 | 1 |
Besides its headquarters, Canton Hathaway has 1 office, with 2 listed addresses in Florida and Rhode Island.
Florida · 1 listed address
- 231 Royal Palm Way, Palm Beach
Rhode Island · 1 listed address
- One West Exchange Street, Suite 3202, ProvidenceHQ
Contact and registration details
- Legal name
- Canton Hathaway LLC
- Headquarters
- One West Exchange Street, Suite 3202, Providence, RI 02903
- Website
- Not reported
- Phone
- 401-433-7800
- SEC file
- 801-113544
- Structure
- Delaware LLC
- Fiscal year end
- December
Canton Hathaway uses Fidelity ($663M) as custodian for its separately managed accounts. Canton Hathaway has custody of $138M in client assets for 7 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $663M100%
At year end, Canton Hathaway’s separately managed accounts were mostly in stocks (61%) and bonds (21%). Its reported 13F holdings for the quarter ended 30 June 2026 total $522M across 283 positions; the largest are Berkshire Hathaway Inc. A (40.6%), Vanguard 500 ETF (5.9%) and Bloom Energy Corp. Class A (3.8%).
What the accounts hold
- Stocks61%
- Funds11%
- Registered funds8%
- Pooled vehicles3%
- Bonds21%
- U.S. government and agency bonds17%
- State and local bonds3%
- Investment grade corporate bonds1%
- Cash7%
Reported 13F holdings
- $522M
- Reported 13F value
- 283
- Positions
- 63.5%
- In the 10 largest
- +5.3%
- Value vs. prior quarter
- Berkshire Hathaway Inc. A · CL A40.6%
- Vanguard 500 ETFETF5.9%
- Bloom Energy Corp. Class A · Com CL A3.8%
- Alphabet Inc.2.4%
- iShares MSCI Eafe ETFETF2.3%
- SPDR Gold Tr Gold Shs · Gold Shs2.2%
- Microsoft Corp.1.7%
- Berkshire Hathaway Inc. B · CL B New1.7%
- Technology Select Sector SPDR ETFETF1.6%
- Nvidia Corp.1.5%
Together, the ten largest are 63.5% of reported value.
How many clients does Canton Hathaway have?
Canton Hathaway has 96 clients and manages $866 million for them, as of March 2026. They include 67 high-net-worth individuals, 17 individual clients, and 5 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Canton Hathaway offer?
Canton Hathaway provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Canton Hathaway charge?
Canton Hathaway charges 0.60%–0.90% a year for its Investment Management Services. The fee is billed in arrears, is negotiable and requires an account of at least $2,000,000.
Source: CANTON HATHAWAY BROCHURE - 03/2026, filed 30 March 2026
Which custodians does Canton Hathaway use?
Canton Hathaway’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $663M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Canton Hathaway have?
Canton Hathaway has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 0 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Canton Hathaway invest in?
At the end of its last fiscal year, Canton Hathaway’s separately managed accounts held 61% exchange-traded equities, 17% U.S. government and agency bonds, 8% registered funds (mutual funds, ETFs, BDCs), 7% cash and equivalents, 3% state and local bonds, 3% pooled vehicles (private funds and similar) and 1% investment grade corporate bonds. It advises 4 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Canton Hathaway have a minimum investment?
Yes, Canton Hathaway’s minimum account size for its Investment Management Services is $2M.
Source: CANTON HATHAWAY BROCHURE - 03/2026, filed 30 March 2026
Who owns Canton Hathaway?
Canton Hathaway’s direct owners are Malcolm Chace, Kenneth Goodreau, Nicholas Trotman, James Procaccianti and Anthony Marcello, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Canton Hathaway get paid?
Canton Hathaway is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Canton Hathaway?
Canton Hathaway’s main office is at One West Exchange Street, Suite 3202, Providence, RI 02903. Its phone number is 401-433-7800.