Cantella & Co., Inc. (Malden)


Cantella & Co., Inc. is a large advisory firm based in Malden. It manages $1.7 billion of regulatory assets for 6,281 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Cantella & Co. provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cantella & Co.: assets under management

The assets under management (AUM) of Cantella & Co., Inc. is $1.7 billion. The firm's AUM has grown by 2297% since the beginning of its operation, and $5.11 million of the total AUM is attributable to clients outside of the United States.

The firm manages $840.53 million in discretionary accounts and $855.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $226.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $332.35 thousand.
Cantella & Co. has custody of $43.92 million in cash and securities for 180 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cantella & Co., Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jonathan Brooks Marston serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Jonathan Brooks Marston is individuals with 5,938 clients and $1.12 billion of assets under management. Among the 6 most similar advisory firms, Cantella & Co. has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.7 billion for 6,281 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Cantella & Co. doesn't advise any private funds.

Careers at Cantella & Co., Inc.

The company employs 244 people that are either part- or full-time employees. 66 percent of the employees work as investment advisers or researchers. 160 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jonathan Brooks Marston has been acting as President since 1 Oct 2016. Lanstein & Co. Llc joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Vincent Michele Cantella Chairman 1 May 1979 Other 39796
David Vincent Cantella Director 1 Jun 1979 Other 1465705
Gerald Harlan Powers Sr. vice president 1 Jun 1979 Other 366898
John Joseph Garvey Dir., treasurer 1 Nov 1980 Other 820552
Deborah Ann Purdy Vice president 1 Nov 1985 Other 1436284
Jeffrey Priest Somers Clerk 1 Apr 1989 Other 1944072
Cantella Management Corporation Shareholder 1 Dec 1989 75% - 100% 04-3014983
Vincent M Cantella Trustee Cantella Investment Trust Shareholder 1 Dec 1989 Other 04-6523778
Dennis Roger Surprenant Sr. vice president 1 Nov 1997 Other 2984750
James Michael Freeman National sales manager 1 May 2001 Other 1501323
Philip Charles Mcmorrow President 1 May 2001 Other xxx-xx-xxxx
Samuel Denbo Director 1 May 2002 Other xxx-xx-xxxx
Michael John Frasier Vice president sales supervision 1 Nov 2002 Other 3013598
George Weston Jr Mann Director 1 Aug 2007 Other 4007206
Jennie L Devlin Director 1 Sep 2008 Other xxx-xx-xxxx
Jonathan Lanstein Director 1 Sep 2008 Other xxx-xx-xxxx
Jennie L Devlin Director, chief operating officer 1 Jun 2009 Other 4501667
Jonathan Lanstein Director, chief executive officer 1 Jun 2009 Other 4557328
George Weston Jr Mann Director, president, chief compliance officer 1 Jun 2009 Other 4007206
James Michael Freeman Director, national sales manager 1 Oct 2009 Other 1501323
Christopher Gerard Clancy Chief compliance officer 1 Dec 2010 Other 2232406
Sheelagh Howett Director, chief risk officer 1 Jan 2012 Other 4801887
Jennie L Devlin Director, president 1 Jan 2012 Other 4501667
Christopher Michael Mortara Chief compliance officer 1 Jun 2012 Other 2858346
William Hodley Mcevoy Chief financial officer 1 Apr 2013 Other 5240677
William Hadley Mcevoy Director, chief financial officer 1 Apr 2013 Other 5240677
Jonathan Brooks Marston Director 1 Oct 2016 Other 1502259

Indirect Owners

The SEC currently registers 18 indirect owners.

Name Entity Date acquired Ownership Employer ID
David Vincent Cantella Shareholder 1 Dec 1989 50% - 75% 1465705
Vincent Michele Cantella Shareholder 1 Dec 1989 25% - 50% 39796
Ctla Holdings Inc Shareholder 1 Jan 2004 75% - 100% 46-0589915
Cantella Aquisition Llc Shareholder 1 Jan 2004 25% - 50% 57-0275066
David Cantella Jeffrey Somers Samuel Denbo Trustees Trustees Of The Cantella Management Corp. Stock Trust Shareholder 1 Dec 2004 75% - 100% 20-6730555
Betsy Kane Steven Cantella & John Garvey; Ttee's) Trustees Of The Cantella Management Corp Stock Trustii (David Cantella Donar Shareholder 1 Feb 2006 75% - 100% 20-6874562
David Vincent Cantella Donor 1 Feb 2006 Other xxx-xx-xxxx
John Joseph Garvey Trustee 1 Feb 2006 Other xxx-xx-xxxx
Steven Michele Cantella Trustee 1 Feb 2006 Other xxx-xx-xxxx
Betsy Ann Kane Trustee 1 Feb 2006 Other xxx-xx-xxxx
David Vincent Cantella Trustee 1 Nov 2008 Other xxx-xx-xxxx
Samuel Denbo Jeffrey Somers) Cmc Voting Trust Agreement (Trustees: David Cantella Donar Shareholder 1 Nov 2008 75% - 100% 04-3014983
Samuel Denbo Trustee 1 Nov 2008 Other xxx-xx-xxxx
Jeffrey Priest Somers Trustee 1 Nov 2008 Other xxx-xx-xxxx
Samuel Denbo Jeffrey Somers) Cantella Management Corporation Voting Trust Agreement (Trustees: David Cantella Donar Shareholder 1 Nov 2008 75% - 100% 03-4380093
Lanstein & Co. Llc Shareholder 1 Jan 2014 25% - 50% 01-4665277
Jonathan Lanstein Managing member 1 Jan 2014 75% - 100% 4557328
David Alan Doshier Managing member 1 Jan 2014 75% - 100% 1101013

Based in Malden

The principal office where Cantella & Co., Inc. performs its advisory services is located at 350 Main Street, 3 Rd Fl., Malden, MA 02148, which is also the mailing address of the firm. An additional office of the firm is in Vineland, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-521-8630 or by fax 617-521-8604. The normal business hours are 9:00am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cantella.com.