Canal Capital Management, LLC

RIASEC RegisteredEst. 2012

Total AUM

$1.3B

Discretionary

$1.1B

89% of AUM

Avg account

$646K

Accounts

1,988

Employees

Advisory reps

Firm details

Headquarters: Richmond, Virginia
CRD number: 164971
Registered since: August 21, 2012
Website: canalcapitalmanagement.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI79.18%
Pooled Investment Vehicles14.22%
Charitable Organizations2.85%
Individuals2.5%
Pension & Profit Sharing Plans1.24%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesSelection of Other Advisers

Firm profile

FINTRX

Overview

Canal Capital Management, LLC is an independent, owner-operated registered investment adviser first registered with the SEC in 2012. The firm acts as a capital allocator for both individual/family and institutional clients and provides a mix of financial planning and portfolio management services, including management of pooled investment vehicles and selection of other advisers. Its fee arrangements include percentage-of-assets, fixed fees and performance-based fees. Canal Capital also operates on the insurance brokerage and accounting side and serves as sponsor/GP/managing member of pooled vehicles. The firm does not position itself as an ESG-driven investor and is not registered as a multi-state adviser.