- CEO
- Joseph T. Rallo
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Address
- One Main Street Springfield OH United States of America 45502
- IPO Date
- Jan 28, 2014
- Business
- HUTN, Inc., formerly EF Hutton America, Inc., operates as a holding company engaged in digital finance and investment services through its subsidiaries; it offers core products and services including no-commission investments, no-commission online trade execution, event-driven investing strategies, and investment services for individuals; additional offerings encompass digital products, media-related services, and mobile platform access via phones and wireless devices. Subsidiaries comprise EF Hutton, Inc., which provides the primary financial services; EF Hutton Mobile Inc., focused on mobile service development; EF Hutton Investments LLC; EF Hutton Digital Services, Inc.; and EF Hutton Media Group Inc. The company targets individual investors with business-to-consumer internet services and maintains operations primarily in the United States.
Founded in connection with the EF Hutton legacy dating to 1904 and restructured as HUTN, Inc. in October 2017 following its prior incarnation as EF Hutton America, Inc., the company is headquartered in Springfield, Ohio, at One Main Street, formerly known as EF Hutton Tower. In 2016, it relocated headquarters to Springfield, pledging over 400 jobs, and expanded into mobile communications via Vibrant Mobility, Inc., alongside social networking through Megga, Inc., though these reflect earlier strategic initiatives amid a pivot to asset monetization.
Recent developments highlight significant operational challenges, including suspension of normal operations in 2019 to restructure finances amid over $12 million in debt, with efforts to identify merger partners or acquirers for assets and attract tenants for its flagship property; no major funding rounds, acquisitions, partnerships, or new product launches have materialized since, positioning HUTN as a non-operating entity focused on potential divestitures.