Hutner Capital Management, Inc.

Overview

Hutner Capital Management, Inc. is an SEC-registered investment adviser specializing in long-term investments in high-quality companies. The firm manages portfolios for growth, high current and growing income, and balanced objectives that combine growth and income.¹

Hutner Capital reports serving individuals, families, corporate pension plans, self-directed retirement accounts, trusts, and nonprofit organizations. It also assists with financial planning and coordinates with legal, tax, and other professionals on financial and estate plans.¹

The firm reports that client accounts are held in each client’s name by an outside custodian, while Hutner Capital manages the investments within those accounts.¹

History

Daniel E. Hutner established Hutner Capital Management in 1995 after serving as president of Pulsifer & Hutner, an investment adviser founded in 1925. The firm describes itself as a second- and third-generation family-owned business with a tradition of serving families and extended family groups across multiple generations.²

Leadership

Daniel E. Hutner is president of Hutner Capital Management and general partner of the Hutner High Income Fund, L.P., the Hutner Special Situations Fund, L.P., and Avalon Partners, L.P. The firm reports that he holds degrees from Middlebury College, the University of Virginia, and New York University.²

Daniel E. Hutner, Jr. joined the firm in 2006 and serves as vice president and chief compliance officer.²

Services

Hutner Capital manages individually tailored accounts based on each client’s current and future objectives, adjusting those portfolios as the objectives change.³

Its growth strategy focuses on long-term ownership of high-quality businesses. Its income strategy typically includes companies offering current and growing income, along with securities higher in the capital structure, such as preferred stock and bonds. Balanced portfolios combine growth and income goals.¹³

The firm also provides financial-planning assistance and works with clients’ legal, tax, and other professional advisers on financial and estate planning matters.¹

What the firm offers

• Investment management
• Financial planning
• Tax planning
• Estate planning
• Retirement planning

Client Focus

Hutner Capital reports working with individuals, families, extended family groups, corporate pension plans, self-directed retirement accounts, trusts, and nonprofit organizations. Its family-owned structure supports relationships that can continue across multiple generations.¹

Approach

The firm’s investment process uses microeconomic and business analysis to identify companies with durable competitive advantages, strong profitability, and the ability to reinvest earnings for future growth.¹

Hutner Capital says it builds portfolios around meaningful positions in high-quality businesses while diversifying across industries. The firm’s individually managed accounts are designed around each client’s objectives and can evolve as those objectives change.¹³

Daniel E. Hutner also wrote *The Rational Investor*, a book presenting 12 principles for long-term investing success through illustrative examples and straightforward language.⁴

By the numbers

FAQs

Related resources

• LocationMultifamily offices in Vermont

  This Vermont directory helps a reader compare firms serving individuals, families, institutions, and nonprofits in the region. It provides useful context when assessing how investment management, financial planning, tax planning, estate planning, and retirement planning might fit a family's broader financial needs.

• Network siteEstatePlanner.com

  EstatePlanner.com offers plain language guides on wills, trusts, and related decisions. A family or business owner can use these materials to prepare questions about estate planning and understand how that work may connect with investment management, tax planning, retirement planning, and family wealth decisions.

• Network siteFamilyOfficeDatabases.com

  FamilyOfficeDatabases.com provides databases covering family offices and investors. Reviewing the listings can help a prospective client understand how investment firms are identified, compare the types of organizations in this market, and clarify whether a firm's services appear suited to individuals, families, institutions, or nonprofits.

• GuideQuestions to ask a multifamily office

  This question guide helps a prospective client structure an initial conversation with a multifamily office. Topics can include investment management, financial planning, tax and estate planning, retirement needs, client communication, and coordination for a Vermont family or business owner with several related priorities.

• Similar firmsManchester Capital Management
  5T Wealth, LLC
  Acropolis Capital Partners

  Manchester Capital Management, 5T Wealth, LLC, and Acropolis Capital Partners offer comparison points within the site's broader collection of firms. Looking at their profiles can help a reader compare stated services, client types, and regional focus before discussing investment, planning, tax, estate, or retirement needs with a firm.

Sources

1. Hutner Capital Management, About
2. Hutner Capital Management, History
3. Hutner Capital Management, Homepage
4. Hutner Capital Management, *The Rational Investor*

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.