Legal Disclaimer

Hutner Capital Management, Inc. is an SEC-registered investment adviser. This website is for general information purposes only. The publication of this website on the Internet should not be construed by any consumer and/or prospective client as a solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Investments in any fund managed by Hutner Capital are offered only privately and only through a written offering memorandum. A copy of Hutner Capital’s written disclosures (Form ADV) discussing its business operations, services and fees is available through the “Disclosures” link at the top of this page.

Hutner Capital and its representatives are in compliance with the current registration requirements imposed upon investment advisers by those states in which Hutner Capital maintains clients. Hutner Capital may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements.

The information, data and opinions on this web site are provided "as is" and without any warranty of any kind, either express or limited. Hutner Capital does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any third party, whether linked from this website or incorporated herein. HUTNER CAPITAL WILL NOT BE LIABLE FOR ANY DIRECT, SPECIAL INDIRECT OR CONSEQUENTIAL DAMAGES, EVEN IF EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, ARISING OUT OF OR IN CONNECTION WITH THE USE OF THIS WEB SITE.

Information About Risk

Any investment program may be volatile and can involve the loss of principal. No assurances can be made regarding the accuracy of any future prediction. Past performance is no guarantee of future returns. Not all past predictions were as accurate as those represented in the content of this website.

Privacy Policy Governing Our Client Relationships

This Policy outlines information you may wish to know about how we handle and protect our clients’ information. We reserve the right to change this policy at any time. Please visit this address to view current policy.

At Hutner Capital Management, Inc. we recognize and respect the privacy of each of our clients and their expectations for confidentiality. The protection of client information is of fundamental importance in our operation, and we take seriously our responsibility to protect personal information.

We do not disclose nonpublic personal information about our clients or former clients to third parties other than as described below.

We collect information about you (such as your name, address, social security number, assets and income) from our discussions with you, from documents that you may deliver to us, and in the course of providing advisory services for you. We may use this information to provide advisory services to you, to open an account for you, to process a transaction for your account or otherwise in furtherance of our business. In order to service your account and effect your transactions, we may provide your personal information to our affiliates and to firms that assist us in servicing your account and have a need for such information, such as a broker or fund administrator. We require third-party service providers and financial institutions to protect the confidentiality of your information and to use the information only for the purposes for which we disclose the information to them. We do not otherwise provide information about you to outside firms, organizations or individuals except to our attorneys, accountants and auditors as permitted by law, or as instructed by you.

We restrict access to nonpublic personal information about you to our employees who need to know that information to provide products or services to you. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your personal information.

Privacy Policy Governing Use Of Our Website

This Policy outlines information you may wish to know about how we collect and utilize information gathered through use of our website.

We reserve the right to change this policy at any time should we deem it advisable to do so. Please revisit this address to view updated or modified policy.

Hutner Capital Management, Inc.’s website utilizes Google Analytics, a service that employs cookies and transmits traffic data to Google servers, where it is potentially stored and/or shared with their third parties. Google Analytics does not identify individual users to us. We use reports provided by Google Analytics—which can contain IP addresses and other information about a visitor’s geographic location and/or access point and/or web browser—to help us understand website traffic and webpage usage, which in turn helps us optimize our content. Similarly, we also collect information about website traffic and webpage usage through our web host’s internal analytics service. Our web host does not identify individual users, but it can identify IP addresses and other information about a visitor’s geographic location and/or access point and/or web browser. This service utilizes cookies and transmits data to our web host’s servers, where it is potentially stored and/or shared with their third parties. We do not use information from either our web host or Google Analytics to market directly to, or solicit business from, website visitors. We do not share this information with other entities.

If a web user fills out the form on the ‘Contact’ page of our website, the submission is transmitted to us via email. We use this information to respond to the inquiry, as needed. If a client relationship evolves out of such outreach, the manner in which we handle and protect their information is outlined by the 'Privacy Policy Governing Our Client Relationships’, which can be found further up this page, in a section under the same name.

Website Users Who Are Residents Of California and The European Union

We use cookies to make sure our website can function, to measure traffic and to support the marketing of our services. By using our website, you consent to our use of said cookies. Please read our ‘Privacy Policy Governing Use Of Our Website,’ above, for further information about our use of cookies.

Use of Hyperlinks to External Websites

Hutner Capital Management, Inc. provides links throughout our website to conveniently connect our users to other websites (produced by other providers), which we may reference past or current content from. Hutner Capital Management is not responsible for errors or omissions in that material and does not necessarily approve of, or endorse, the information provided. The sites we link to, and the information they contain, may evolve or change over time and we are not necessarily aware of their status. Users who gain access to that material are subject to the copyright and other restrictions on use imposed by those providers, and must use their own judgement in interpreting the merits of what is contained therein.