SARASOTA, FL - (WWSB) - Cumberland Advisors celebrates its 45th Anniversary eight years after moving their principal office from Vineland to Sarasota, FL. They now have 45 employees and as of April 30th, 2018, more than three billion dollars of client investment funds under management in separate accounts.

Cumberland Advisors also announces the implementation of a long-considered succession plan whereupon David Kotok, co-founder, remains Chairman of the Board and Chief Investment Officer while transferring the day-to-day responsibilities of running the firm to John Mousseau, who has been elected President and CEO of Cumberland Advisors.

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