Firm Description
CFM is an investment adviser providing investment advisory services on a discretionary
basis for a variety of clients, including individuals, pension and profit sharing plans,
trusts, estates, and charitable organizations. CFM maintains two offices at the following
locations:
Canty Financial Management, Inc.
20 Church Avenue
Ballston Spa, NY 12020
Canty Financial Management, Inc.
5129 Castello Drive – Suite 1
Naples, FL 34103
CFM also provides clients with an opinion regarding the suitability of their current
investment strategy as well as the investments selected to achieve those stated objectives
without further management. In addition, CFM also provides tax advice including income
tax preparation, where suitable. CFM was founded in 1997.
Principal Owners
CFM is owned 90% by William J. Canty, 5% by Edward J. Canty, and 5% by Joseph W. Canty
Types of Advisory Services
CFM offers the following types of advisory services: Financial planning services and
portfolio management for individuals and businesses.
Investment Advisory Services
CFM provides investment advisory services, defined as giving continuous advice to a
client, and selecting investments for a client based on the individual needs of the client.
Through personal discussions, goals and objectives are established based on a client’s
particular circumstances. CFM assists the client in developing the client’s personal
investment policy, and then creates and manages a portfolio based on that policy.
Each client is advised that it remains his/her responsibility to promptly notify CFM of any
changes to their respective financial situation and consequently, their investment
objectives.
CFM develops portfolios based upon a client’s goals, objectives, investment time
horizon and risk tolerance, as well as their core financial-related values. CFM uses asset
allocation, and spreading investments among a wide variety number of asset classes and
sectors for most client portfolios.
CFM offers financial planning services, which may include a review of many aspects of a
client’s current financial situation, including the following components: cash
management, risk management, insurance, education funding, goal setting, retirement
planning, estate and charitable giving planning, and tax planning. CFM meets with the
client to review risk tolerance, financial goals and objectives, and time horizons. Financial
planning services may be comprehensive, or may focus on certain components. Clients
understand that when CFM is engaged to address only certain components, the client’s
overall financial and investment issues may not be taken into consideration.
Tailored Relationships
Client portfolios are developed to meet the client's investment return and risk objectives.
This is usually accomplished through asset allocation modeling strategies. In all cases
client portfolio strategies will be implemented through a combination of rigorously
selected and monitored mutual funds and ETFs.
Agreements may not be assigned without client consent.
Wrap Fee Programs
CFM does not participate in a Wrap Fee Program.
Client Assets
As of December 31, 2021, CFM manages $127,905,666 in assets that are managed on a
discretionary basis, and $12,678,150 on a non-discretionary basis.
Last Update to CFM Brochure: The last update to the CFM brochure was December 31,
2021.