Hanson & Doremus Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, publishing newsletters, estate planning, insurance, retirement plan services, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Hanson & Doremus Investment Management reports 622 clients. They include 334 individual clients, 250 high-net-worth individuals and 27 charitable organizations. Of its assets, 100.0% ($1.06B across 1,557 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 13% |
| High-net-worth individuals | 40% | 82% |
| Pension and profit-sharing plans | 2% | <1% |
| Charitable organizations | 4% | 4% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 334 | $134M | 12.7% | $403K |
| High-net-worth individuals | 250 | $867M | 81.7% | $3.47M |
| Pension and profit-sharing plans | 11 | $7.24M | 0.7% | $658K |
| Charitable organizations | 27 | $46.7M | 4.4% | $1.73M |
| Corporations and other businesses | Fewer than 5 | $5.4M | 0.5% | — |
| Total | 622 | $1.06B | 100% | — |
- Clients
- 334
- Regulatory AUM
- $134M
- AUM share
- 12.7%
- Avg. per client
- $403K
- Clients
- 250
- Regulatory AUM
- $867M
- AUM share
- 81.7%
- Avg. per client
- $3.47M
- Clients
- 11
- Regulatory AUM
- $7.24M
- AUM share
- 0.7%
- Avg. per client
- $658K
- Clients
- 27
- Regulatory AUM
- $46.7M
- AUM share
- 4.4%
- Avg. per client
- $1.73M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.4M
- AUM share
- 0.5%
- Avg. per client
- —
Total
- Clients
- 622
- Regulatory AUM
- $1.06B
- 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
- 0
- Financial planning clients last fiscal year
- 251–500
Hanson & Doremus Investment Management charges 0.25%–0.85% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 0.85% |
| $1M–$5M | 0.60% |
| $5M–$20M | 0.40% |
| $20M and above | 0.25% |
Fee details and sources
Other fees
- Investment-Related Consulting Services (Stand-Alone)
- Stand-alone planning and consulting is negotiable but generally $300 an hour.
Eric Eklof owns 25% to 50% of Hanson & Doremus Investment Management. The leadership team of Hanson & Doremus Investment Management includes President Eric Eklof and Chief Compliance Officer Elisabeth Ford. It has 14 employees, 10 of them in advisory roles.
Leadership
- Eric EklofManaging Partner/President
- Arthur WrightVice President
- Elisabeth FordChief Compliance Officer
- Alexander WatsonSecretary/Treasurer
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
- Mark Richard Andrews
- Sarah Vinci Cocina
- Anne Williams Doremus
- Eric Sven Eklof JR.
- Elisabeth Anna Ford
- Jordan Danielle Lafayette
- Neil Kamal Macker
- Evan Isaiah Pemberton
- Alexander Alfred Watson
- Arthur Pipit Wright
Staff
- 14 employees
- 10 in advisory functions
- 10 state-registered reps
- Owns 25% to 50% of Hanson & Doremus Investment Management
Eric Eklof
Control person · since August 2025
- Owns 25% to 50% of Hanson & Doremus Investment Management
Arthur Wright
Control person · since August 2025
- Owns 5% to 10% of Hanson & Doremus Investment Management
Alexander Watson
Control person · since August 2025
Hanson & Doremus Investment Management’s regulatory assets grew 2.0× from $537M (March 2021) to $1.06B (September 2026); clients rose from 443 to 622 and employees from 10 to 14.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $1.06B | 622 | 14 | 9 |
| June 2025 | $850M | 594 | 14 | 9 |
| April 2024 | $737M | 546 | 14 | 9 |
| July 2023 | $606M | 503 | 13 | 1 |
| March 2022 | $639M | 465 | 12 | 1 |
| March 2021 | $537M | 443 | 10 | 1 |
Besides its headquarters, Hanson & Doremus Investment Management has 8 offices (8 private residences, listed without an address), with 1 listed address in Vermont.
Vermont · 1 listed address
- 431 Pine Street, Suite 302, BurlingtonHQ
Contact and registration details
- Legal name
- Hanson & Doremus Investment Management
- Headquarters
- 431 Pine Street, Suite 302, Burlington, VT 05401
- Website
- hansondoremus.com
- Phone
- 802-658-2668
- SEC file
- 801-55412
- Founded
- 1995
- Structure
- Vermont corporation
- Fiscal year end
- December
Hanson & Doremus Investment Management uses Charles Schwab ($1.06B) as custodian for its separately managed accounts. Hanson & Doremus Investment Management has custody of $347M in client assets for 211 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.06B100%
At year end, Hanson & Doremus Investment Management’s separately managed accounts were mostly in funds (51%) and stocks (34%). Its reported 13F holdings for the quarter ended 30 June 2026 total $983K across 484 positions; the largest are Schwab U.S. Broad Market ETF (20.7%), Vanguard Intermediate Treasury ETF (7.7%) and Vanguard Intermediate Corporate ETF (5.6%).
What the accounts hold
- Stocks34%
- Funds51%
- Bonds9%
- Investment grade corporate bonds5%
- State and local bonds4%
- Cash5%
- Other1%
- Fdic insured cds, de minimis amount of u.s. government/agency bonds1%
Reported 13F holdings
- $983K
- Reported 13F value
- 484
- Positions
- 57.7%
- In the 10 largest
- +13.1%
- Value vs. prior quarter
- Schwab U.S. Broad Market ETFETF20.7%
- Vanguard Intermediate Treasury ETFETF7.7%
- Vanguard Intermediate Corporate ETFETF5.6%
- Vanguard Developed Market ETFETF5.5%
- Taiwan Semiconductor ADR · ADR3.6%
- Corning3.3%
- Seagate Technology PLCETF3.1%
- Vanguard Emerging Market ETFETF3.1%
- Vanguard Esg US Stock ETFETF3.1%
- Vanguard Esg International Stock ETFETF2.0%
Together, the ten largest are 57.7% of reported value.
How many clients does Hanson & Doremus Investment Management have?
Hanson & Doremus Investment Management has 622 clients and manages $1.06 billion for them, as of September 2026. They include 334 individual clients, 250 high-net-worth individuals and 27 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does Hanson & Doremus Investment Management offer?
Hanson & Doremus Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, publishing newsletters, estate planning, insurance, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Hanson & Doremus Investment Management charge?
Hanson & Doremus Investment Management charges 0.25%–0.85% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Hanson & Doremus Investment Management use?
Hanson & Doremus Investment Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.06B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does Hanson & Doremus Investment Management have?
Hanson & Doremus Investment Management has 10 investment adviser representatives registered with state securities authorities, out of 14 employees, and 10 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
What does Hanson & Doremus Investment Management invest in?
At the end of its last fiscal year, Hanson & Doremus Investment Management’s separately managed accounts held 51% registered funds (mutual funds, ETFs, BDCs), 34% exchange-traded equities, 5% investment grade corporate bonds, 5% cash and equivalents, 4% state and local bonds and 1% other. The 1% other category is described as: Fdic Insured CDS, De Minimis Amount of U.S. Government/Agency Bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Hanson & Doremus Investment Management?
Hanson & Doremus Investment Management’s direct owners are Eric Eklof, Arthur Wright and Alexander Watson, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does Hanson & Doremus Investment Management get paid?
Hanson & Doremus Investment Management is paid through a percentage of assets under management and hourly charges. 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
Is Hanson & Doremus Investment Management registered with the SEC?
Yes, Hanson & Doremus Investment Management has been registered with the SEC as an investment adviser since 3 April 1998. Its CRD number is 108045 and its SEC file number is 801-55412.
Source: Form ADV Part 1A, Item 1, filed 28 September 2026; IAPD firm record
How do I contact Hanson & Doremus Investment Management?
Hanson & Doremus Investment Management’s main office is at 431 Pine Street, Suite 302, Burlington, VT 05401. Its phone number is 802-658-2668. Its website is hansondoremus.com.