Cannon Advisors manages investment portfolios and provides personalized financial planning and consulting for individuals and high-net-worth clients. Cannon Advisors creates an investment policy statement for each client, tailoring asset allocation and investment selection to individual goals and risk tolerance. Portfolio management services include ongoing monitoring, investment strategy, and discretionary trading, which can also extend to held-away accounts like retirement plans and health savings accounts using a third-party platform. Additionally, Cannon Advisors offers one-time financial planning and consulting services covering topics such as retirement, taxes, insurance, college savings, and debt management. The firm specializes in working with individuals and high-net-worth families, requiring a minimum household account size of $1,000,000, though this minimum can be waived at the firm's discretion.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $5.0M | 1.00% |
| $5M+ | 0.90% |
Fees are generally negotiable. Accounts under $100,000 are charged an annual technology fee of $50. Family household accounts may be combined to reduce fee tiers.