Hutner Capital Management

Hutner Capital Management

Hutner Capital Management was established in 1995 by Daniel E. Hutner. It evolved directly from the family’s earlier advisory firm, Pulsifer & Hutner, Inc., where the founder had served as president. The firm operates as a second- and third-generation business with Daniel E. Hutner, Jr. serving as vice president and chief compliance officer. The firm invests exclusively in public equities through separately managed accounts. Strategies target high-quality companies identified via microeconomic analysis, with emphasis on competitive advantages, consistent earnings growth, and cash flow. Income mandates include preferred stock and bonds. All positions are held long-term to minimize taxes and transaction costs. Geographic exposure is limited to North America. Client assets total an estimated $194 million. The firm maintains an office in Burlington, Vermont in addition to its Manchester headquarters. It coordinates estate and tax planning with external legal and accounting advisers but does not operate philanthropic vehicles or adjacent funds. moat_notes: Sources provide no named portfolio holdings, no co-investors, no fund vehicles beyond three limited partnerships listed in research records, and no operational events after 1995. Coverage remains thin on current deployment and team size.