DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Cannell Capital LLC
Latest filing Mar 20, 2026
First filing on the tape Mar 30, 2012 · 26 filings
SEC status approved since Jul 29, 2011
RAUM
$373M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
3.2%
$11.8M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
3
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$373M as of Mar 20, 2026
Apr 3, 2012$272M then
HNW client RAUM$11.8M as of Mar 20, 2026
Mar 30, 2018$11.5M then
State-registered IARs (5.B.3)0 as of Mar 20, 2026
Apr 3, 20120 then
Employees (5.A)4 as of Mar 20, 2026
Apr 1, 20132 then
Private funds3 as of Mar 20, 2026
Apr 3, 20129 then
RAUM -29% over the last fiscal year-22% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.0MderivedHNW RAUM over HNW clients
- Average account
- $33.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -29%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$156M93%
- High-net-worth individuals$11.8M7.0%
- Individual clients
- n/areported
- HNW clients
- 6reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 11reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.03 fund_share=0.42 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
11 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Tristan Partners LP | Hedge Fund | $258M | 28 | Mar 30, 2012 |
| Tonga Partners, L.P. | Hedge Fund | $203M | 19 | Mar 30, 2012 |
| Tristan Offshore Fund, Ltd. | Hedge Fund | $105M | 2 | Mar 30, 2012 |
| Anegada Master Fund, Ltd.no longer reported | Hedge Fund | $45.1M | 4 | Mar 30, 2012 |
| Cuttyhunk Master Portfoliono longer reported | Hedge Fund | $29.4M | 2 | Mar 30, 2012 |
| Nashuk Partners LPno longer reported | Hedge Fund | $26.3M | 2 | Mar 30, 2012 |
| Cuttyhunk Fund II LLCno longer reported | Hedge Fund | $14.5M | 18 | Mar 30, 2012 |
| Tonga Partners Qp, L.P.no longer reported | Hedge Fund | $6.2M | 1 | Mar 30, 2012 |
| Cuttyhunk Fund II Limitedno longer reported | Hedge Fund | $3.5M | 6 | Mar 30, 2012 |
| Cannell Venture Partners I, L.P. | Venture Capital Fund | $1.4M | 22 | Jul 22, 2022 |
| Sark Partners LP | Hedge Fund | $31,107 | 0 | Mar 29, 2019 |
Owners and control persons
Schedule A and B, latest filing
- Carlo James Cannell · Managing Member Of Cannell Capital LLC / President Of Pamapanito Corporation Dba Cannell Capital Corporationcontrolsince 08/1996 · owns 75% or more
- Charles Stephen Wagstaff · Chief Compliance Officercontrolsince 10/2023 · owns less than 5%
- Wetherill Christopher Wood · Portfolio Managersince 08/2020 · owns less than 5%
Related persons
Schedule D 7.A
- Pampanito Corporation Dba Cannell Capital Corporationinvestment advisern
Offices
Schedule D 1.F, the 25 largest
- Sausalito, CA7 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM down 25 %Change between filings · filing Mar 20, 2026RAUM (Item 5.F) moved from $527,610,283 to $372,826,733 (-29.0%) between the annual amendments of 2025-04-30 and 2026-03-20; the peer median change was +8.0% (161 comparable advisers, 9.0th percentile of changes)peers: other advisers, $100M to $500M (161) · 9.4% percentile
What changed
consecutive filings, newest first
- Accounts · 19 to 11Aug 1, 2025 to Mar 20, 2026
- Advisory employees · 3 to 2Aug 1, 2025 to Mar 20, 2026
- HNW clients · 12 to 6Aug 1, 2025 to Mar 20, 2026
- Pooled vehicle clients · 5 to 2Aug 1, 2025 to Mar 20, 2026
- Private funds · 4 to 3Aug 1, 2025 to Mar 20, 2026
- Discretionary RAUM · $528M to $373MAug 1, 2025 to Mar 20, 2026
- HNW RAUM · $19.3M to $11.8MAug 1, 2025 to Mar 20, 2026
- Pooled vehicle RAUM · $461M to $156MAug 1, 2025 to Mar 20, 2026
- RAUM · $528M to $373MAug 1, 2025 to Mar 20, 2026
- Accounts · 24 to 19May 2, 2024 to Apr 30, 2025
- Advisory employees · 5 to 3May 2, 2024 to Apr 30, 2025
- HNW clients · 17 to 12May 2, 2024 to Apr 30, 2025
- Employees · 7 to 4May 2, 2024 to Apr 30, 2025
- Financial planning clients · 0 to May 2, 2024 to Apr 30, 2025
- Discretionary RAUM · $852M to $528MMay 2, 2024 to Apr 30, 2025
- HNW RAUM · $25.2M to $19.3MMay 2, 2024 to Apr 30, 2025
- Pooled vehicle RAUM · $790M to $461MMay 2, 2024 to Apr 30, 2025
- RAUM · $852M to $528MMay 2, 2024 to Apr 30, 2025
- Accounts · 28 to 24Jan 4, 2024 to Mar 28, 2024
- HNW clients · 19 to 17Jan 4, 2024 to Mar 28, 2024
- Pooled vehicle clients · 6 to 5Jan 4, 2024 to Mar 28, 2024
- Discretionary RAUM · $799M to $852MJan 4, 2024 to Mar 28, 2024
- HNW RAUM · $23.2M to $25.2MJan 4, 2024 to Mar 28, 2024
- Pension RAUM · 20142805.0 to unsetJan 4, 2024 to Mar 28, 2024
- Pooled vehicle RAUM · $706M to $790MJan 4, 2024 to Mar 28, 2024
- RAUM · $799M to $852MJan 4, 2024 to Mar 28, 2024
- Private funds · 5 to 4Mar 30, 2023 to May 12, 2023
- Accounts · 24 to 28Jul 22, 2022 to Mar 30, 2023
- Advisory employees · 4 to 5Jul 22, 2022 to Mar 30, 2023
- HNW clients · 15 to 19Jul 22, 2022 to Mar 30, 2023
- Pooled vehicle clients · 5 to 6Jul 22, 2022 to Mar 30, 2023
- Employees · 8 to 7Jul 22, 2022 to Mar 30, 2023
- Discretionary RAUM · $893M to $799MJul 22, 2022 to Mar 30, 2023
- HNW RAUM · $28.1M to $23.2MJul 22, 2022 to Mar 30, 2023
- Pension RAUM · $49.9M to $20.1MJul 22, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $739M to $706MJul 22, 2022 to Mar 30, 2023
- RAUM · $893M to $799MJul 22, 2022 to Mar 30, 2023
- Accounts · 23 to 24Mar 31, 2022 to Jul 22, 2022
- Private funds · 4 to 5Mar 31, 2022 to Jul 22, 2022
- Discretionary RAUM · $887M to $893MMar 31, 2022 to Jul 22, 2022
Signals
3 dated events
- Cannell Capital Llc reported RAUM $372.8M, down 29% from $527.6M (2025-08-01 to 2026-03-20)Mar 20, 2026 · RAUM change · derived
- Cannell Capital Llc reported RAUM $527.6M, down 38% from $851.8M (2024-05-02 to 2025-04-30)Apr 30, 2025 · RAUM change · derived
- Cannell Capital Llc reported RAUM $886.9M, up 40% from $631.6M (2021-03-30 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Cannell Capital LLC · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/cannell-capital-llc/aboutreportedpublic record, Form ADV, Sep 18, 2026
- Website
- CANNELLCAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 307-733-2284reportedpublic record, Form ADV, Mar 20, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026