Cutler Capital Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$280,193,816
Clients
124
Advisors
3
of 9 employees
About
Cutler Capital Management provides discretionary portfolio management and financial planning to individuals (including high‑net‑worth clients), trusts, estates, retirement plans and private investment funds. The firm manages separately managed accounts and serves as the general partner and investment manager of private funds, and delivers tailored advisory services based on each client's objectives and risk tolerance.
The firm’s investment approach emphasizes convertible securities, concentrated exposure to the financials sector (notably community banks), and public real estate securities (REITs), using both fundamental and technical analysis. Cutler may implement strategies across separately managed accounts and funds that include convertible ETFs, margin and leverage, short selling and option strategies, and seeks to diversify holdings across sectors and market capitalizations.
Compared with many peers, Cutler’s business includes pooled investment vehicles and private fund management alongside individual account management, and it offers performance‑based fee arrangements for qualified clients and certain fund classes. The firm discloses performance results to investors (quarterly letters showing year‑to‑date, after‑fee performance), aggregates trade orders across account types, and documents allocation procedures that may prioritize opportunistic or illiquid opportunities for the funds and related accounts, creating specific allocation and conflict‑of‑interest considerations that the firm addresses in its policies.
Client services
Expertise
Fee options
Financial planning services fixed fee between $2,500 and $6,000
$0 - $999,999: $1,000,000+: 1.00% annually (fixed management fee for non-qualified clients) $1,000,000+: 0.50% management fee plus 11% performance fee (performance-based fee option for qualified clients)
11% of increase in net market value for performance-based fee option in Separately Managed Accounts; 10%-15% performance fees in Private Investment Funds depending on class
Account minimum: $1,000,000 Minimum fee: $3,000 annually, billed quarterly in arrears Fee-only: Fixed fee for financial planning services generally ranges between $2,500 and $6,000, negotiable
Main office
306 Main Street
Worcester MA 01608
Advisors at this office
3
Most active in
Florida · Massachusetts · New Hampshire
Also doing business as
Cutler Capital Management · Cutler Capital Management LLC · Cutler Wentzell & Moynihan LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Michael H
ChFC®, Series 63, Series 65
Worcester, MA
Cutler Capital Management
Michael Hogan is a ChFC® credentialed financial advisor with 38 years of industry experience. He has worked at Cutler Capital Management since 2019 and previously held roles at Wellesley Investment Advisors, Foreside Fund Services, and had a brief period of unemployment. Outside of his advisory work, he serves as secretary on the board of Fashion for Friends, a nonprofit focused on mental health awareness and suicide prevention supporting women with breast cancer. Cutler Capital Management is a SEC-registered investment adviser serving individuals, trusts, retirement plans, and pooled private investment funds. The firm specializes in convertible securities, financial-sector equities, and publicly traded REITs, employing both fundamental and technical analysis and using various hedging and leverage techniques tailored to client objectives and risk tolerance.
Melvin C
Worcester, MA
Cutler Capital Management
Melvin Cutler is Chief Investment Officer and Managing Partner at Cutler Capital Management, with 25 years of industry experience. He has been with Cutler Capital Management since 1999 and has been involved with Cutler Associates Inc. since 1972. Outside of his advisory role, Mr. Cutler is a principal in a construction company and a real estate development company, dedicating about 10% of his time to these activities. Cutler Capital Management is a six-advisor SEC-registered firm managing approximately $340 million for individuals, trusts, retirement plans, and private funds. The firm specializes in convertible securities, financial-sector equities focused on community banks, and publicly traded REITs, employing both fundamental and technical analysis alongside hedging and leverage strategies tailored to client objectives.
Geoffrey D
CFA®, Series 65
Worcester, MA
Cutler Capital Management
Geoffrey Dancey is a CFA® charterholder and holds a Series 65 license, with 22 years of industry experience. He has been with Cutler Capital Management LLC since 2003, working in Worcester, MA as part of a six-person advisory team. Cutler Capital Management is a SEC-registered investment adviser serving individuals, trusts, retirement plans, and pooled private investment funds. The firm specializes in convertible securities, financial-sector equities with a focus on community banks, and publicly traded REITs, using both fundamental and technical analysis to construct portfolios aimed at current income with upside potential and managed downside risk.
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