Cannell Capital LLC
Registered investment adviser · Alta, WY · CRD #158371
Form ADV data as of 2026-09-01Regulatory assets
$372.8 million
Total accounts
11
Employees
4
Disclosure events
3
Firm details
- Website: http://www.linkedin.com/company/cannell-capital-llc/about/
- Telephone: 307-733-2284
- SEC file number: 801-72618
- Most recent Form ADV filing: 2026-03-20
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 3 disclosure questions answered Yes, covering 3 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- SEC or CFTC found a violation of its regulations or statutes
- SEC or CFTC entered an order in connection with investment-related activity
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $372.8 million |
| Non-discretionary regulatory assets under management | $0 |
| Total regulatory assets under management | $372.8 million |
| Discretionary accounts | 11 |
| Non-discretionary accounts | 0 |
| Total accounts | 11 |
| Regulatory assets under management attributable to non-U.S. persons | $43.4 million |
People
| Total employees (excluding clerical) | 4 |
| Employees performing investment advisory functions (including research) | 2 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $156.4 million |
| Clients for whom a related person has custody | 3 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 1 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys securities from or sells securities to advisory clients (principal transactions)
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends brokers or dealers to clients
- Receives soft dollar benefits
Client types
| Type of client | Clients | Assets |
|---|---|---|
| High net worth individuals | 6 | $11.8 million |
| Pooled investment vehicles (other than investment companies and BDCs) | 2 | $156.4 million |
| Other | Not reported | $204.7 million |