# Hutner Capital Management

Hutner Capital Management is a Multi Family Office based in Manchester, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Manchester, United States
- **Region:** North America
- **Address:** 3546 Main Street, Manchester, VT 05254, United States
- **Founded:** 1995
- **Assets under management:** 194 (Altss estimate)
- **Website:** hutner.capital
- **LinkedIn:** https://www.linkedin.com/company/hutner-capital-management

## Regulatory record

- **CRD number:** 107896
- **SEC file number:** 801-79521
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-30T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/107896

## About

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.

## Sectors

- Public Equities
- Hedge Funds

## Offices

- Burlington, VT, United States

## People

- Daniel E. Hutner — President and Founder
- Daniel E. Hutner, Jr. — Vice President and Chief Compliance Officer

## Questions

### Who runs investment decisions at Hutner Capital Management?

Daniel E. Hutner serves as president and founder. Daniel E. Hutner, Jr. holds the role of vice president and chief compliance officer. Both are third-generation family members.

### Does Hutner Capital Management participate in fund commitments or only direct deals?

The firm manages individually tailored accounts in public equities and income securities. It does not commit to external funds or pursue private-market direct investments.

### What investment stages does Hutner Capital Management typically target?

All activity occurs in public equities. The firm maintains long-term holdings in listed companies and does not target venture, growth equity, or private stages.

### Which sectors does Hutner Capital Management explicitly avoid?

The firm avoids commodities, digital assets, distressed securities, and real estate. It also excludes climate technology and energy transition investments.

## Related profiles

- [Avantra Family Wealth](https://altss.com/profile/avantra-family-wealth)
- [Securities De Munter](https://altss.com/profile/securities-de-munter)

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Last updated: 2026-07-06T01:24:18.493Z

Canonical page: https://altss.com/profile/hutner-capital-management

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