The History of Cabot Heritage Corporation

The Cabot Wealth Network Story

The Cabot Wealth Network begins with Carlton Gardner Lutts Jr., an engineer by training but his true passion was the stock market and investing.

In 1970, the stock market was just starting to emerge from its long history as a playground for institutional investors, pension funds, and the ultra-wealthy. Main Street was realizing there was money to be made in stocks and private citizens were getting into trading. But they were at a disadvantage because, unlike the big guys, they didn’t have access to top tier research and analysts.

Seeing an opportunity and driven by a desire to share his thoughts on stock selection and market timing, Lutts began writing and publishing the Cabot Market Letter and founded the company Cabot Heritage Corporation to note the long history of the Cabot family in Salem and their instrumental role in developing global trade, and helping many amass considerable wealth.

As the years passed, his homespun wisdom and irrepressible passion helped hundreds of thousands of investors build big profits in great growth stocks like Fleetwood, WD-40, American Medical and Syntex. The Cabot Market Letter, now the award-winning Cabot Growth Investor, is published to this day, bringing market insights and investment recommendations to subscribers around the world. Over its 50+ year history it has had many huge successes with stocks like Apple, Tesla, Nvidia, and many more.

Carlton’s first son, Tim, joined the business in 1986, focusing on investing in mutual funds, which were then enjoying a boom. As time went by, Tim filled the Cabot stable with experts on value investing, international investing, options investing, dividend investing, small-cap investing and more.

Carlton passed away in 2012, but his spirit lives on at Cabot, where the staff is dedicated to providing investment advice you can trust, year after year, decade after decade. The company was renamed Cabot Wealth Network in 2017 to better reflect the mission of the business.

In 2018, Ed Coburn who first met Carlton Lutts in 1984 and had been a Cabot subscriber for many years, joined Cabot as President and acquired the company.

Coburn comes from a long line of bankers, investors, and businesspeople and was set on continuing and building upon Lutts’s vision of helping people invest more profitably. Cabot recognizes and embraces the fact that investing in stocks and trading options continues to become more accessible to everyone, regardless of gender, age, race, education level, profession, and even wealth and strives to provide all with the education, research, and recommendations to be successful.

Under Coburn’s leadership, Cabot has filled out its line of advisory services to address a full range of investing styles, sectors, and goals so that, whatever the conditions in the stock market, Cabot has experts and services to help investors preserve their assets and grow their profits.

Cabot Wealth Network

Research and Advice for a Wealthier Life

Since 1970