{
  "crd_number": 108045,
  "slug": "hanson-and-doremus-investment-management-burlington-vt-108045",
  "primary_business_name": "HANSON & DOREMUS INVESTMENT MANAGEMENT",
  "legal_name": "HANSON & DOREMUS INVESTMENT MANAGEMENT",
  "dbas": [],
  "city": "Burlington",
  "state": "VT",
  "country": "United States",
  "cbsa_code": "15540",
  "metro": {
    "cbsa_code": "15540",
    "common_name": "Burlington",
    "msa_name": "Burlington-South Burlington, VT",
    "path": "/advisors/vt/burlington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1998-04-03",
  "years_registered": 28,
  "period": "2026-10-01",
  "filing_date": "2026-09-28",
  "carried_forward": false,
  "raum_total": 1060897838.0,
  "raum_discretionary": 1060897838.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 14,
  "advisory_employees": 10,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 46721688.0,
      "count": 27
    },
    "individuals": {
      "raum": 134472692.0,
      "count": 334
    },
    "pension_profit_sharing": {
      "raum": 7240063.0,
      "count": 11
    },
    "high_net_worth_individuals": {
      "raum": 867059613.0,
      "count": 250
    },
    "corporations_other_businesses": {
      "raum": 5403782.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CT",
    "FL",
    "IL",
    "MA",
    "MD",
    "ME",
    "NE",
    "NH",
    "NY",
    "TX",
    "VT"
  ],
  "websites": [
    "https://hansondoremus.com",
    "https://linkedin.com/IN/HANSONDOREMUS"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108045",
  "city_as_filed": "BURLINGTON",
  "url": "https://advisorcensus.com/firm/hanson-and-doremus-investment-management-burlington-vt-108045",
  "display_name": "Hanson & Doremus Investment Management",
  "summary": "Hanson & Doremus Investment Management is an SEC-registered investment advisory firm in Burlington, VT, registered since 1998, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 28, 2026.",
  "citation": "AdvisorCensus. Hanson & Doremus Investment Management (CRD 108045): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Publication of periodicals or newsletters"
  ],
  "quick_answers": [
    {
      "q": "How is Hanson & Doremus Investment Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Hanson & Doremus Investment Management reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "How much does Hanson & Doremus Investment Management charge?",
      "a": "Its Form ADV Part 2A brochure dated July 8, 2026 states: Hourly rate: $300 an hour (investment-related planning or consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Hanson & Doremus Investment Management located?",
      "a": "Hanson & Doremus Investment Management's principal office is in Burlington, VT, according to its Form ADV."
    },
    {
      "q": "Is Hanson & Doremus Investment Management registered with the SEC or a state?",
      "a": "Hanson & Doremus Investment Management is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 108045."
    },
    {
      "q": "How much does Hanson & Doremus Investment Management manage?",
      "a": "Hanson & Doremus Investment Management reports $1,060,897,838 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (100% discretionary)."
    },
    {
      "q": "How have Hanson & Doremus Investment Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Hanson & Doremus Investment Management: Regulatory assets under management: $536,960,041 in the October 2021 data and $1,060,897,838 in the October 2026 data, up 98%. Total employees: 10 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Hanson & Doremus Investment Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (334); high net worth individuals (250); charitable organizations (27)."
    },
    {
      "q": "Which custodians does Hanson & Doremus Investment Management use?",
      "a": "Hanson & Doremus Investment Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Hanson & Doremus Investment Management report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/108045"
    },
    {
      "q": "Does Hanson & Doremus Investment Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 8, 2026 says: \"The Registrant generally requires a minimum household account size of $1,000,000 for investment advisory services.\""
    },
    {
      "q": "What changed in Hanson & Doremus Investment Management's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in CT."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 536960041.0,
      "total_employees": 10,
      "filing_date": "2021-03-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 638927297.0,
      "total_employees": 12,
      "filing_date": "2022-03-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 606366116.0,
      "total_employees": 13,
      "filing_date": "2023-07-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 736675665.0,
      "total_employees": 14,
      "filing_date": "2024-04-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 849615572.0,
      "total_employees": 14,
      "filing_date": "2025-06-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1060897838.0,
      "total_employees": 14,
      "filing_date": "2026-09-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in CT."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 11 to 10.",
        "Regulatory assets under management went from $849,615,572 to $1,060,897,838 (+25%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 8, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $300 an hour (investment-related planning or consulting services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000"
        ],
        "quotes": [
          "The Registrant generally requires a minimum household account size of $1,000,000 for investment advisory services."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (investment-related planning or consulting services)"
        ],
        "quotes": [
          "Registrant’s planning and consulting fee is negotiable, but generally is $300 on an hourly rate basis."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "investment-related planning or consulting services"
        }
      ]
    },
    "quotes": [
      "The Registrant generally requires a minimum household account size of $1,000,000 for investment advisory services.",
      "Registrant’s planning and consulting fee is negotiable, but generally is $300 on an hourly rate basis."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/hanson-and-doremus-investment-management-burlington-vt-108045.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 334,
      "fewer_than_5": false,
      "raum": 134472692.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 250,
      "fewer_than_5": false,
      "raum": 867059613.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 11,
      "fewer_than_5": false,
      "raum": 7240063.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 27,
      "fewer_than_5": false,
      "raum": 46721688.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 5403782.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108045",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}