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Hanson & Doremus Investment Management
Anne Doremus established Hanson & Doremus Investment Management in Burlington, Vermont in 1995, structuring the firm as a registered investment advisor that...
Hanson & Doremus Investment Management
Anne Doremus established Hanson & Doremus Investment Management in Burlington, Vermont in 1995, structuring the firm as a registered investment advisor that provides discretionary portfolio management and holistic financial planning. The practice serves individuals, high-net-worth families, business entities, and charitable organizations, with a geographic concentration in Vermont and the broader New England region. Doremus brought prior institutional experience to the launch, and the firm has maintained a deliberately compact client base rather than scaling through mass-market channels. Hanson & Doremus allocates client capital across directly held equities, investment-grade fixed income, and cash management instruments. The firm emphasizes fundamental, long-horizon equity selection and laddered bond portfolios designed to serve as an asset-liability match for retiree and endowment clients. It does not run internal commingled funds, instead building separate accounts that give each client full custody and transparency into underlying positions. The firm also advises on donor-advised funds and private foundation investment policies for its charitable clients, though it does not manage any proprietary affiliated foundation. The firm remains small and single-office: its entire investment team operates from Burlington, with no satellite locations. Hanson & Doremus does not publicly disclose total assets under management, but based on its boutique structure and the typical scale of independent Vermont RIAs, the advisory likely oversees less than $500 million. The firm has not announced any recent acquisitions, fund launches, or leadership transitions. Hanson & Doremus occupies a structural niche distinct from both the large bank trust departments and the multi-family office aggregators that dominate Northeast wealth management. As an owner-operated, single-office fiduciary, Doremus is the named decision-maker on every client account, a governance model that limits scalability but aligns incentives without the product-push economics that arise when a parent bank also manufactures mutual funds or structured notes.
General information
Firm type
Bank / Wealth / Trust
Year founded
1995
AUM
Less than $500M (Altss estimate)
Location
Region
North America
Country
United States
City
Burlington
Corporate office
Burlington, VT, United States
Sector focus
Frequently asked questions
Is Hanson & Doremus a single-family office or a multi-client wealth manager?
Hanson & Doremus is a multi-client registered investment advisor, not a single-family office. It serves high-net-worth families, individuals, business entities, and charitable organizations from a single office in Burlington, Vermont. The firm has operated since 1995 under this structure.
Does Hanson & Doremus offer proprietary investment products?
No. The firm constructs separate accounts using directly held equities and fixed-income securities rather than bundling client assets into proprietary commingled funds or in-house mutual funds. This separately managed account approach provides each client full transparency into holdings and eliminates the product-distribution incentives common in bank-affiliated advisory models.
Who runs investment decisions at Hanson & Doremus?
Anne Doremus, who founded the firm in 1995, is the named principal and the portfolio manager responsible for investment decisions. As an owner-operated practice with a compact client base, Doremus herself constructs and oversees the equity and fixed-income portfolios for the firm's clients.
What asset classes does Hanson & Doremus typically manage?
The firm manages client portfolios across directly held equities, investment-grade fixed income, and cash management instruments. Equity exposure is built through individual securities selected on a fundamental, long-horizon basis. The fixed-income component typically uses laddered bond portfolios. The firm does not engage in private equity, venture capital, or direct real estate investing.
Where does Hanson & Doremus sit relative to local bank trust departments?
Unlike a bank trust department that may distribute proprietary mutual funds or structured products, Hanson & Doremus operates as an independent fiduciary with no product-manufacturing parent. This means the firm's investment recommendations are not shaped by revenue-sharing or proprietary fund placement requirements, which remains an unusual posture among Vermont-based wealth managers.
Does the firm manage foundation or endowment assets?
Yes. Hanson & Doremus advises charitable entities, including organizations that use donor-advised funds and private foundations. The firm incorporates tax-sensitive investment policies and spending-rate considerations into portfolio construction for these clients, though it does not sponsor or control the charitable vehicles themselves.
What is Hanson & Doremus's known posture on client growth?
The firm has not pursued aggressive growth or opened satellite offices. It operates from a single location in Burlington and maintains a deliberately compact client base. This suggests the practice prioritizes relationship concentration rather than scaling asset-gathering, but the firm has not made any public statement about capacity limits or growth targets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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