Canal Capital Management, LLC

RIASEC RegisteredEst. 2012

Total AUM

$1.3B

Discretionary

$1.1B

89% of AUM

Avg account

$646K

Accounts

1,988

Employees

Advisory reps

Firm details

Headquarters: Richmond, Virginia
CRD number: 164971
Registered since: August 21, 2012
Website: canalcapitalmanagement.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI79.18%
Pooled Investment Vehicles14.22%
Charitable Organizations2.85%
Individuals2.5%
Pension & Profit Sharing Plans1.24%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesSelection of Other Advisers

Firm profile

FINTRX

Overview

Canal Capital Management, LLC is an independent, SEC-registered RIA that acts as both allocator and manager across individual, family and institutional relationships. Founded prior to 2012 and organized as an LLC under individual ownership, the firm provides financial planning, discretionary portfolio management for individuals and small businesses, management of pooled investment vehicles, and selection of third‑party advisers. It also operates as an insurance broker and accountant and serves as sponsor/GP/managing member of pooled investment vehicles, indicating an active role in structuring and distributing private funds. The firm charges a mix of percentage-of-AUM, fixed and performance-based fees. Canal Capital reports it is not an active ESG investor and is not classified as a multi-state adviser.