Hutchens Merges with New Leaf

July 19, 2011 ( - Independent investment adviser Hutchens Investment Management, Inc. announced that it has merged with New Leaf Asset Management, LLC.

The firm, which currently manages over $100 million in assets for equity and multi-asset portfolios, welcomes New Leaf executives Fletcher Cole, CFA, and Carrie Bossi to its team, which employs a disciplined institutional approach focused on fundamentals. 

Cole re-joins the firm as a partner to lead Hutchens’ research initiatives and Bossi provides research support. From 1997-2001, Cole was Hutchens’ director of research and portfolio manager and from 2002-2011, he was 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 was also a submarine warfare officer in the U.S. Navy and 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, in the announcement. “Our investment process, methodology and philosophy will continue to add value over the long term by controlling risk and focusing on fundamentals.”


-Sara Kelly