Hutchens Merges with New Leaf

Independent investment adviser Hutchens Investment Management, Inc. has merged with New Leaf Asset Management, LLC.

Hutchens, which currently manages more than $100 million in assets for equity and multi-asset portfolios, has brought New Leaf executives Fletcher Cole, CFA, and Carrie Bossi to its staff.

Cole re-joins the firm as a partner to lead Hutchens’ research initiatives and Bossi will be providing research support. From 1997 to 2001, Cole was Hutchens’ director of research and portfolio manager and since 2002, he has been a managing member and co-founder of New Leaf. A graduate of Dartmouth College, he brings with him additional assets under management that he will continue to manage in a value-oriented approach. Previously, Cole served in the U.S. Navy and has worked with Gabelli & Company and E.R. Taylor Investments.

“Fletcher’s style complements our growth-oriented bent and is well-suited for today’s challenging market environment. We see great cross-pollination potential as we share thoughts on stocks, economic themes and investment ideas, and are committed to providing the highest quality investment services to our institutional and high net worth clients,” said William Hutchens, CFA, founder of Hutchens Investment Management. “Our investment process, methodology and philosophy will continue to add value over the long term by controlling risk and focusing on fundamentals.”