# Hanson & Doremus Investment Management

> 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.

- CRD: 108045
- Filed as: HANSON & DOREMUS INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Burlington, VT
- Filing period: October 2026
- Form ADV filing dated: September 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108045
- AdvisorCensus page: https://advisorcensus.com/firm/hanson-and-doremus-investment-management-burlington-vt-108045

## Quick answers

**How is Hanson & Doremus Investment Management compensated?**
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.

**Where is Hanson & Doremus Investment Management located?**
Hanson & Doremus Investment Management's principal office is in Burlington, VT, according to its Form ADV.

**Is Hanson & Doremus Investment Management registered with the SEC or a state?**
Hanson & Doremus Investment Management is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 108045.

**How much does Hanson & Doremus Investment Management manage?**
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).

**How have Hanson & Doremus Investment Management's assets and staff changed since 2021?**
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.

**What types of clients does Hanson & Doremus Investment Management serve?**
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).

**Which custodians does Hanson & Doremus Investment Management use?**
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.

**Does Hanson & Doremus Investment Management report any disciplinary disclosures?**
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

**Does Hanson & Doremus Investment Management state an account minimum?**
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."

**What changed in Hanson & Doremus Investment Management's recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in CT.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated July 8, 2026)

- Account minimum: $1,000,000

> The Registrant generally requires a minimum household account size of $1,000,000 for investment advisory services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,060,897,838
- Discretionary: $1,060,897,838
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 334 | $134,472,692 |
| High net worth individuals | 250 | $867,059,613 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 11 | $7,240,063 |
| Charitable organizations | 27 | $46,721,688 |
| Corporations or other businesses not listed above | Fewer than 5 | $5,403,782 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 1998 (28 years)
- Employees: 14 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, IL, MA, MD, ME, NE, NH, NY, TX, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- hansondoremus.com
- LinkedIn @HANSONDOREMUS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $536,960,041 | 10 | March 11, 2021 |
| October 2022 | $638,927,297 | 12 | March 27, 2022 |
| October 2023 | $606,366,116 | 13 | July 7, 2023 |
| October 2024 | $736,675,665 | 14 | April 29, 2024 |
| October 2025 | $849,615,572 | 14 | June 26, 2025 |
| October 2026 | $1,060,897,838 | 14 | September 28, 2026 |

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.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in CT.

### March 2026
- Employees performing advisory functions went from 11 to 10.
- Regulatory assets under management went from $849,615,572 to $1,060,897,838 (+25%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hanson & Doremus Investment Management (CRD 108045): Form ADV filing data as of October 2026.