Canal Capital Management in Richmond, Virginia provides investment advice tailored to individual client needs. Services include managing investment portfolios, creating financial plans, and preparing taxes. Canal Capital requires discretionary authority to manage accounts, allowing them to make trades without prior approval, though clients can set restrictions. They also offer non-discretionary portfolio management where client approval is needed before any transaction.
Assets Under Management$1.2B
Clients388
Advisors6
Avg. per Client$3.1M
Avg. per Advisor$200M
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $1.0M | 1.25% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $4.0M | 0.80% |
| $4M+ | 0.70% |
For portfolio management clients that also participate in either of the Funds, Canal Capital waives its advisory fee on the portion of assets invested in either or both Funds.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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