Firm profile

Cannell & Spears LLC

NEW YORK, NYCRD 142633Registration Status: ApprovedEffective since January 3, 2007SEC # 801-67401Latest ADV March 30, 2026

Cannell & Spears LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in New York, NY. Its latest Form ADV filing, dated March 30, 2026, reports $7.0B in regulatory assets under management, 40 employees, 2 offices, and 2,577 accounts.

Assets Under Management
$7.0B
Employees
40
Offices
2 offices
Total Clients
2,549

Associated firm names

3 names listed
  • CANNELL & SPEARS LLC
  • WG SPEARS LLC
  • SPEARS ABACUS ADVISORS LLC

Leadership

3 roles identified
CCOLloyd N. Moskowitz
CFOMatthew A. Fisher
COOMatthew A. Fisher

Advisory services offered

7 types reported
Financial Planning Services
Other advisory services
Portfolio management for businesses

Fee models offered

3 types reported
Asset based fees
Fixed fees
Performance-based fees

Offices & Contact

Primary office

NEW YORK, New York, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

New York

NEW YORKPrimary office

Florida

JUPITER

2 office records listed · 2 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$7.0Bas of March 30, 2026
Discretionary97.3%
$6.8B
97% of total RAUM97.3%
Non-discretionary2.7%
$190M
3% of total RAUM2.7%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Client Coverage Demographics

Top client segmentHNWI represent 76.0% of total clients.
Top client categories% of clientsClients
1
HNWI
76.0%
1,937
2
Individuals
17.9%
457
3
Pension Plans
2.2%
56
4
Charitable
2.1%
53
5
Corporations
1.7%
43
Additional categories (<0.1%)
Investment Cos.<5 clients

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$7.0B
Total Accounts2,577
10Y AUM Change+$5.8B (+468.7%)

Private Funds

Private funds reported by Cannell & Spears LLC

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees40
Clients per Employee64:1
10Y Employee Change+25 (+166.7%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
PBC ACQUISITION CORP. INC.Direct owner · Schedule AInterest in CANNELL & SPEARS LLC
50% to < 75%
DAVID JONATHAN MAZZULLODirect owner · Schedule AInterest in CANNELL & SPEARS LLC
10% to < 25%
THE JOSEPH B. WERNER REVOCABLE TRUSTDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
10% to < 25%
ABACUS AND ASSOCIATES HOLDINGS, LLCDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
5% to < 10%
ROBERT MICHAEL RAICHDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
5% to < 10%
JAMES ERNEST BREECEDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
5% to < 10%
ROBERT PATTRIDGE MORGENTHAUDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
5% to < 10%
ROBERT CHARLES EISINGDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
5% to < 10%
PAUL ANDREW WARTMANDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
5% to < 10%
JENNIFER B. LYNN REVOCABLE TRUSTDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
5% to < 10%
2023 IAN B. MACCALLUM, JR. FAMILY DYNASTY TRUSTDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
5% to < 10%
SPEARS & CO. LLCDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
< 5%
MARGARET MARY H. MACLENNANDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
< 5%
PAUL FRANK PFEIFFERDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
< 5%
JOHN VICTOR RAGGIODirect owner · Schedule AInterest in CANNELL & SPEARS LLC
< 5%
RONALD CHARLES THOWDirect owner · Schedule AInterest in CANNELL & SPEARS LLC
< 5%
WILLIAM GERLI SPEARSIndirect owner · Schedule BInterest in SPEARS & CO. LLC
50% to < 75%

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Cannell & Spears LLC.

Reported ownership and control details

Form ADV · Filing date 2026-03-30 · Schedules A and B

35 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1SPEARS & CO. LLCMEMBERDomestic entityCANNELL & SPEARS LLCLess than 5%Code NANoMEMBER11/2006Schedule APDF page 28
2WILLIAM GERLI SPEARSPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NAYesPRINCIPAL01/2007Schedule APDF page 29
3ABACUS AND ASSOCIATES HOLDINGS, LLCMEMBERDomestic entityCANNELL & SPEARS LLC5% to less than 10%Code AYesMEMBER01/2007Schedule APDF page 29
4ROBERT MICHAEL RAICHMANAGING PRINCIPAL AND PORTFOLIO MANAGERIndividualCANNELL & SPEARS LLC5% to less than 10%Code AYesMANAGING PRINCIPAL AND PORTFOLIO MANAGER01/2007Schedule APDF page 29
5MARGARET MARY H. MACLENNANMEMBER AND PRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NAYesMEMBER AND PRINCIPAL01/2007Schedule APDF page 29
6JAMES ERNEST BREECEMANAGING PRINCIPAL AND PORTFOLIO MANAGERIndividualCANNELL & SPEARS LLC5% to less than 10%Code AYesMANAGING PRINCIPAL AND PORTFOLIO MANAGER01/2010Schedule APDF page 29
7PAUL FRANK PFEIFFERMEMBER AND PRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NAYesMEMBER AND PRINCIPAL07/2009Schedule APDF page 29
8JOHN VICTOR RAGGIOMEMBER AND PRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NAYesMEMBER AND PRINCIPAL05/2008Schedule APDF page 29
9ROBERT PATTRIDGE MORGENTHAUMEMBER AND PRINCIPALIndividualCANNELL & SPEARS LLC5% to less than 10%Code AYesMEMBER AND PRINCIPAL10/2011Schedule APDF page 29
10MICHELE DAYLE CLEARYPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NAYesPRINCIPAL04/2013Schedule APDF page 29
11EMANUEL WEINTRAUBPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NANoPRINCIPAL01/2020Schedule APDF page 29
12JOSEPH BLAIR WERNERCHAIRMAN AND PORTFOLIO MANAGERIndividualCANNELL & SPEARS LLCLess than 5%Code NAYesCHAIRMAN AND PORTFOLIO MANAGER07/2025Schedule APDF page 29
13EDWARD MORGAN GILESPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NANoPRINCIPAL01/2024Schedule APDF page 29
14IAN BARRIE MACCALLUMPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NANoPRINCIPAL01/2024Schedule APDF page 29
15ROBERT FRANK SHAPIROPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NANoPRINCIPAL01/2024Schedule APDF page 29
16ROBERT CHARLES EISINGMANAGING PRINCIPAL AND PORTFOLIO MANAGERIndividualCANNELL & SPEARS LLC5% to less than 10%Code AYesMANAGING PRINCIPAL AND PORTFOLIO MANAGER01/2024Schedule APDF page 29
17DAVID JONATHAN MAZZULLOPRINCIPAL AND PORTFOLIO MANAGERIndividualCANNELL & SPEARS LLC10% to less than 25%Code BYesPRINCIPAL AND PORTFOLIO MANAGER03/2026Schedule APDF page 29
18WILLIAM HENRY HERRMAN IIPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NANoPRINCIPAL01/2024Schedule APDF page 29
19PAUL ANDREW WARTMANMEMBER AND PRINCIPALIndividualCANNELL & SPEARS LLC5% to less than 10%Code ANoMEMBER AND PRINCIPAL01/2024Schedule APDF page 29
20WALTER KENNETH GILESPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NANoPRINCIPAL01/2024Schedule APDF page 29
21RONALD CHARLES THOWMEMBER AND PRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NANoMEMBER AND PRINCIPAL01/2024Schedule APDF page 29
22PBC ACQUISITION CORP. INC.MEMBERDomestic entityCANNELL & SPEARS LLC50% to less than 75%Code DYesMEMBER01/2024Schedule APDF page 29
23DANIEL JOSEPH WETCHLERPRINCIPALIndividualCANNELL & SPEARS LLCLess than 5%Code NANoPRINCIPAL01/2024Schedule APDF page 29
24JENNIFER B. LYNN REVOCABLE TRUSTMEMBERDomestic entityCANNELL & SPEARS LLC5% to less than 10%Code ANoMEMBER01/2024Schedule APDF page 29
252023 IAN B. MACCALLUM, JR. FAMILY DYNASTY TRUSTMEMBERDomestic entityCANNELL & SPEARS LLC5% to less than 10%Code ANoMEMBER01/2024Schedule APDF page 29
26LLOYD NMN MOSKOWITZCHIEF COMPLIANCE OFFICERIndividualCANNELL & SPEARS LLCLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER07/2024Schedule APDF page 29
27MATTHEW ALAN FISHERCHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICERIndividualCANNELL & SPEARS LLCLess than 5%Code NAYesCHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER01/2026Schedule APDF page 29
28THE JOSEPH B. WERNER REVOCABLE TRUSTMEMBERDomestic entityCANNELL & SPEARS LLC10% to less than 25%Code BNoMEMBER06/2025Schedule APDF page 29
29WILLIAM GERLI SPEARSMANAGER & MEMBERIndividualSPEARS & CO. LLC50% to less than 75%Code DYesMANAGER & MEMBER11/2006Schedule BPDF page 30
30WILLIAM SYLVAN WEILMANAGERIndividualABACUS AND ASSOCIATES HOLDINGS, LLCPercentage not specifiedCode FYesMANAGER12/2006Schedule BPDF page 30
31HONOR (NMN) LASSALLEMANAGERIndividualABACUS AND ASSOCIATES HOLDINGS, LLCPercentage not specifiedCode FYesMANAGER03/2009Schedule BPDF page 30
32ROBERT CHARLES EISINGTRUSTEEIndividual2023 IAN B. MACCALLUM, JR. FAMILY DYNASTY TRUSTPercentage not specifiedCode FYesTRUSTEE09/2023Schedule BPDF page 30
33JENNIFER BUCHMAN LYNNTRUSTEEIndividualJENNIFER B. LYNN REVOCABLE TRUSTPercentage not specifiedCode FYesTRUSTEE02/2021Schedule BPDF page 30
34ELIZABETH W HOWELLTRUSTEEIndividual2023 IAN B. MACCALLUM, JR. FAMILY DYNASTY TRUSTPercentage not specifiedCode FYesTRUSTEE09/2023Schedule BPDF page 30
35JOSEPH BLAIR WERNERTRUSTEEIndividualTHE JOSEPH B. WERNER REVOCABLE TRUSTPercentage not specifiedCode FYesTRUSTEE06/2025Schedule BPDF page 30

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 3/30/2026 10:31:30 AM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.