Eaton Vance affiliate Fox Asset Management has acquired the institutional accounts of Cutler & Company of Medford, Oregon. Fox has also hired Robert W. Lamberti, Cutler's former chief investment officer, and its institutional sales group. The Little Silver, New Jersey-based Fox reports that it has moved more than $400 million of assets from Cutler so far. Further terms of the transaction were not disclosed.

Lamberti takes the title of senior vice president and becomes a member of Fox's investment committee.

The institutional sales team moving to Fox is led by Stephen F. Brennana and includes Joseph L. Furey, Gregg L. Kerr, Paul C. Mitchell, Jr., Bradley J. Weltler and Michael K. West who all take the title of vice president. Brennan takes the title of senior vice president and director of Institutional Sales. He will work with Philip Sloan, managing director, client services and marketing for Fox.

Fox also said that John Sampson, a managing director, has left the firm to pursue other opportunities.

"We are delighted that Steve Brennan and his team have chosen to join Fox. They have a track record of success and are expected to accelerate the growth of our long-established institutional marketing effort," said J. Peter Skirkanich, president and chief investment officer of Fox.  

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