Cantella & Co., Inc. (Malden)

Name: Cantella & Co., Inc.
Address: 350 Main Street, 3 Rd Fl., Malden, MA, 02148
Telephone: 617-521-8630

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. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. 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.