Rockland, MA – September 6, 2023 – Cutter Associates, a leading provider of research and consultancy services for asset managers, asset owners, public funds, and other investment companies around the world, announces that it’s expanding in EMEA to better serve a growing base of research members and consulting clients.

Cutter, which has served clients and members in EMEA since 2001, is now investing more resources and expertise into the region in response to increasing demand and investment management industry needs. Arnie Wachs, Head of Consulting at Cutter, will relocate to London to work more closely with clients, and will join Tom Sitter, Director, Cutter Associates Europe Ltd.

“For 25 years, we have served as trusted advisors to a global base of investment management clients and are seeing increased needs in Europe which we are answering,” said Cindy Castellano, CEO of Cutter Associates. “Arnie is expert at adapting data platforms and optimizing operating environments, as well as advising on front-office tools to help firms meet the challenges they face today and keep pace with an ever-changing industry.”

Sitter, who previously led Cutter’s business development and client relations in Australia and Asia-Pac, will now focus on expanding the firm’s EMEA practice. Based in London, Sitter brings nearly 20 years of experience serving investment management firms and helping to match them with the right services and expertise to meet their needs.

“Tom has his finger on the pulse of this evolving industry, knows what keeps executives awake at night, and can help connect them with the right consultants and analysts to solve those issues,” Wachs said. “Whether it’s supporting ESG investments, updating data management processes, selecting the right vendor, or implementing new software or a solution, our team members in EMEA and around the world provide the experience and expertise to help advance our clients’ strategies.”

About Cutter Associates

Cutter Associates LLC serves the operational, technology, and client experience needs of the global asset and wealth management industry, providing companies with the tools and services they need to be successful. With deep industry and domain experience and expertise, Cutter Associates provides independent research, exclusive members-only events, process benchmarking, a global consultancy, and a vast peer network. Headquartered in Rockland, Massachusetts, and owned by Tokyo-based NRI Group, Cutter Associates has subsidiaries in Canada and the United Kingdom and offices in London and Sydney. For more information, visit us at and connect with us on LinkedIn and Twitter.

About NRI

Founded in 1965, NRI is a leading global provider of consulting services and system solutions, including management consulting, system integration, and IT management and solutions for the financial, manufacturing, retail, and service industries. Clients from all layers of these individual industries partner with NRI to tap NRI’s research expertise and innovative solutions across the organization to expand businesses, design corporate structures, and create new business strategies. NRI has over 16,000 employees in more than 100 offices globally, including New York, London, Tokyo, Hong Kong, Singapore, and Australia. NRI reports annual sales above $4.9 billion. NRI is rated “A” by S&P Global Ratings Japan. For more information, visit

For more information or to get in touch with a Cutter Associates representative in your region, contact us at [email protected].

Media Contact:

Jennifer Murray

Cutter Associates

[email protected]

(781) 223-5251


Whether developing operational strategies that drive meaningful value, or evaluating, selecting, and implementing systems, Cutter is here to help.