Fox Asset Management today announced it acquired the institutional accounts of Cutler & Co., said Meg Pier, vice president and director of public relations for Fox parent Eaton Vance. Terms were not announced.
Stephen F. Brennan, former Cutler president and principal, was named Fox Asset senior vice president and director of institutional sales. Robert W. Lamberti, former Cutler CIO and senior portfolio manager, was named senior vice president and a member of the investment committee at Fox Asset. Currently, $400 million in institutional assets have been moved to Fox Asset from Cutler.