Hutner Capital Management Inc. (Manchester)

Name: Hutner Capital Management Inc.
Address: 3546 Main Street, Manchester, VT, 05254
Telephone: 802-366-8157

Hutner Capital Management Inc. is a large advisory firm based in Manchester. It manages $146.78 million of regulatory assets for 97 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New Jersey, New York, and Vermont.

Hutner Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for private foundations and trusts. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hutner Capital Management: assets under management

The assets under management (AUM) of Hutner Capital Management Inc. is $146.78 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 144% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $146.78 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.51 million each.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 4% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hutner Capital Management Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Daniel Ellsworth Hutner serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Daniel Ellsworth Hutner is high net worth individuals with 70 clients and $79.77 million of assets under management. Among the 10 most similar advisory firms, Hutner Capital Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $146.78 million for 97 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Hutner Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Hutner Capital Management Inc.

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Daniel Ellsworth Hutner has been acting as President since 1 Feb 1995. Daniel E. Hutner joined the executive team most recently as the Chief Compliance Officer, Vice President, Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Ellsworth Hutner	President	1 Feb 1995	75% - 100%	4356920
Michele Scheddin	Vice president	1 May 1996	Other	4362028
Vanessa Blair Holcomb	Chief compliance officer	1 Aug 2005	Other	5030950
Daniel E. Hutner	Chief compliance officer, vice president, secretary	1 Jan 2006	Other	5121499

Based in Manchester

The principal office where Hutner Capital Management Inc. performs its advisory services is located at 3546 Main Street, Manchester, VT 05254 The mailing address of the firm is Po Box 379, Manchester, VT 05254 0379. An additional office of the firm is in Burlington, VT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 802-366-8157 or by fax 802-366-8146. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at hutnercapital.com.