Fenimore Asset Management, manager of the FAM Funds, is proud to share that our Founder and Executive Chairman, Tom Putnam, has been named a 2026 inductee into the Capital Region Business Hall of Fame. This prestigious honor, presented by Junior Achievement of Northeastern New York (JA NENY) and the Center for Economic Growth (CEG), recognizes leaders whose achievements and values have made a lasting impact on the Capital Region’s business community.

Celebrating Tom’s Legacy of Leadership

Tom founded Fenimore Asset Management in 1974 as a means to manage family money after his father sold Fenimore Fabrics, a textile company. His disciplined, quality‑focused investment philosophy — and success in the midst of a bear market — quickly attracted individuals, families, and nonprofits seeking a thoughtful and long‑term approach to wealth management. Fenimore welcomed its first institutional investor in 1976 and they remain with the firm, reflecting the enduring trust that Tom’s leadership has inspired.

More than 50 years later, Fenimore manages more than $5 billion in assets (as of 12/31/2025) with investors in every state. Tom has been featured in The Wall Street Journal, Forbes, Kiplinger’s, Barron’s, Town & Country, Money, Fortune, SmartMoney, Newsweek, and Wall Street Week with Louis Rukeyser. He oversees the investment process and senior management’s execution of goals, ensures that the company’s mission and culture are sustained, guides board development, and serves as a mentor.

Investing in the community is also one of Tom’s passions. His lifelong commitment to philanthropy is evident with both his hands‑on service and generous financial support for countless nonprofits. He emphasizes, “Our culture pushes us to use our energy, time, and talent to serve others and make life better for all — our investors, associates, and community.”