Cannell & Co.

Cannell & Co. is an independent registered investment adviser founded in 1973, specializing in investing clients' assets in common stocks and fixed income securities. The firm, fully owned by its employees, focuses on value investing with a long-term view, individualized account management, and a client-centric approach. They do not engage in investment banking activities and rely on investment selection over market timing. As of December 31, 2022, the firm had assets under management of $3,633,836,590, managed on a discretionary basis. The fee structure varies based on the portfolio manager, with fees typically calculated as a percentage of assets under management. Cannell & Co. may invest in restricted securities and private equity, with compensation based on account performance. The firm's investment philosophy emphasizes capital appreciation through fundamental security analysis, with a focus on quality management, competitive advantages, and growth opportunities. Clients include individuals, pension plans, trusts, and corporations, with a typical minimum account size of $2,000,000. The firm's investment strategies involve significant research conducted in-house, supplemented by expert network services. Clients have investment discretion, with the firm managing each account individually based on client financial goals and risk tolerance. The firm also provides voting services for client securities and follows a robust compliance program to ensure adherence to legal and regulatory requirements.