Wealth manager, independent · Burlington, VT
Hanson & Doremus Investment Management
SEC-registered investment adviser · CRD 108045 · SEC 801-55412
At a glance
Hanson & Doremus Investment Management is an SEC-registered investment adviser based in Burlington, Vermont, with $1.1B in regulatory assets under management as of its Form ADV filed September 28, 2026. It reports 584 individual clients, 250 of them high-net-worth, holding an average of about $1.7 million each, and 14 employees. That ranks it 1042nd among the nation’s 5,657 independent wealth management RIAs and 5th of 21 in Vermont. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 802-658-2668hansondoremus.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,042 of 5,657
- Rank among all SEC RIAs
- #5,194 of 17,210
- Rank in Vermont
- #5 of 21
- Individual clients
- 584
- High-net-worth clients
- 250
- Accounts
- 1,557
- Discretionary
- 100% of AUM
- Employees
- 14
- Advisory staff
- 10
- Offices
- 9
Owners and executives on its Form ADV
- Eric S. EklofManaging Partner/president
- Arthur P. WrightVice President
- Alexander A. WatsonSecretary/treasurer
- Elisabeth A. FordChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Hanson & Doremus Investment Management reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 250 | $867M | 82% |
| Individuals | 334 | $134M | 13% |
| Charitable organizations | 27 | $47M | 4% |
| Pension and profit sharing plans | 11 | $7M | <1% |
| Corporations or other businesses | – | $5M | <1% |
Disciplinary disclosures
Hanson & Doremus Investment Management reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Periodicals or newsletters
How it’s paid
- A percentage of assets under management
- Hourly charges
Form ADV and brochures on the SEC’s adviser search ↗hansondoremus.com ↗
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The full record on Hanson & Doremus Investment Management
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,393 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Vermont
All of Vermont →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Maple Capital Management, Inc.Montpelier | $2.6B | 1,563 |
| Pathway Financial Advisors, LLCSouth Burlington | $1.6B | 253 |
| One DAY in July LLCBurlington | $1.4B | 1,351 |
Background
Questions
How much does Hanson & Doremus Investment Management manage?
Hanson & Doremus Investment Management reports $1.1B in regulatory assets under management across 1,557 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 28, 2026.
How many clients does Hanson & Doremus Investment Management have?
It reports 584 individual clients: 250 high-net-worth individuals and 334 other individuals. Individuals account for about 94% of its regulatory assets.
Where is Hanson & Doremus Investment Management headquartered?
Its main office is in Burlington, Vermont. It reports 9 offices in total and 14 employees, 10 of whom perform investment advisory functions.
How does Hanson & Doremus Investment Management charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Hanson & Doremus Investment Management use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed September 28, 2026, it reports these amounts held: Charles Schwab ($1.1B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Hanson & Doremus Investment Management a hybrid RIA with a broker-dealer?
Hanson & Doremus Investment Management reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Hanson & Doremus Investment Management a fiduciary?
As an SEC-registered investment adviser, Hanson & Doremus Investment Management owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Hanson & Doremus Investment Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-28), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →