Mr. Santangelo is one of the pre-eminent experts in the investment industry regarding the research and selection of third party mutual fund managers, and he was an early advocate for the role and importance of rigorous manager research and screening. He is currently a consultant for the industry, specializing in the investment manager due diligence process, asset allocation modeling, and product development.

Previously, he spent over a decade at Merrill Lynch, culminating in his role as Manager of the Managed Solutions and Analytics Group. While there, he was responsible for 21 fundamental and quantitative analysts who performed the due diligence, selection and monitoring of portfolio managers for $350 billion of Merrill Lynch's Global Private Client assets invested in managed products. In addition, he was responsible for Merrill Lynch's $8 billion fund-of-funds discretionary program.

Prior to Merrill Lynch, Mr. Santangelo was Manager of Closed-end Fund Research at Prudential Securities, and Managing Director of Company Analysis at Provident Capital Management. He received a Bachelor of Science in Economics (B.S.E.) with a dual major in finance and management from the University of Pennsylvania.

Mr. Gibson is a Co-Founder and Managing Partner at Boston Strategic, an executive level consulting practice specializing in asset management. He is a widely recognized leader of multi-channel asset management firms in both retail and institutional markets. As CEO and senior executive, he led dramatic turnarounds and repositioning through innovation and expertise in marketing, distribution, product strategy, international markets and investment management operations. As a top executive over two decades, he brings an unusually broad range of experience, in shaping mutual fund, annuity, ETF, structured product, retirement-oriented, and hedge fund businesses.

Mr. Gibson was a principal architect in the return to industry leadership status of then-struggling Putnam Investments and Liberty Financial Services, and he aided in the rapid growth of the then-very young Kemper Financial Services. He is experienced in M & A, alternative products, and high net worth markets. Mr. Gibson founded Northlink Financial Research in April 2006.

Laura Dagan is the former Chairman and CEO of Dwight Asset Management Company, a fixed income and stable value investment manager for institutional clients. She previously served as Chief Operating Officer and Managing Director following a career as a portfolio manager with the firm. During her 23-year tenure at Dwight, the company grew from $2 billion to $70 billion in assets under management and expanded from a stable value specialist to a fixed income manager providing customized solutions for retirement plan and insurance company clients. Ms. Dagan was a member of the Top Leadership Group of Dwight’s parent company, Old Mutual plc, a director of the Stable Value Investment Association and a member of the Vermont Business Roundtable. She is a recognized stable value expert and has commented in publications including Pensions & Investments, Institutional Investor and the Wall Street Journal in addition to having made appearances on CNBC.

Ms. Dagan is currently Vice Chairman of Champlain College’s Board of Trustees, and she participates on the Board of the Humane Society of Chittenden County. She is also the State Treasurer’s appointee to the Vermont Capital Debt Affordability Advisory Committee. In addition, she is a Chartered Financial Analyst (CFA) charter holder, a member of the CFA Institute, and a past president of the Vermont CFA Institute.

Ms. Dagan received a Bachelor of Science degree from Bucknell University and completed the Advanced Management Program at Harvard Business School.

Mr. Winks has been a leading force within the investment management community for several decades, providing leadership and innovation in some of the most important issues facing the industry. He was recently recognized by Investment Advisor magazine as one of the top 25 most influential people within the investment industry.

Mr. Winks has created an Audited Prudent Investment Process in support of "Fiduciary Counsel", which makes possible a safe business environment in which advisors can acknowledge that they render advice, are acting in their client's best interest, and are fulfilling their fiduciary obligations based on objective criteria. Mr. Winks' parent firm, Advisory Platform Solutions, is the research and development arm behind the industry's most widely used financial planning software.

Previously, Mr. Winks published Senior Consultant, a leading advisory services publication. He also ran the third largest Investment Management Consulting initiative on Wall Street at Prudential Securities. As President of FSC Advisory, he ran Financial Planning for the then largest financial planning firm in the country with 3,000 advisors coast to coast. He also built and managed most of the major financial product areas for Wheat, First Securities (now Wachovia), which account for over a third of the firm's bottom line.

Mr. McClelland is Co-Founder, Vice Chairman, and Director of Business Development for F-Squared Investments. Mr. McClelland has experience in the computer, software, telecommunications, financial services, Internet auction, nanotech and medical delivery fields. Mr. McClelland has held senior positions at Data General, Fidelity Investments, University of Massachusetts Medical Center and United Asset Management. He has founded, or co-founded The Charitable Gift Fund and eSecLending companies, where he was Chairman and CEO.

He currently serves on the board of Safeguard Scientifics, Inc.; Friends of the Children, Boston; and is member of the Board of Advisors for Executive Resources International. He has previously served on the boards of Windward Investments (now Windhaven), Riverstone Networks, Storage Networks, The Campbell Group, OSV Partners, Acadian Asset Management, Dwight Asset Management, Clay Finlay, Rogge Partners, Palledyn, Murray Johnstone, L&B Realty Advisors, C S McKee, Advisory Committee of the Group of Thirty, and others.

Mr. McClelland has lectured at MIT, Boston College, and Bentley College. He also has the rare distinction of having Harvard Business School write a case series on entrepreneurship and leadership based on his experience. This case is taught to all first year students. His educational background includes Trinity College in Hartford, Connecticut, from which he graduated cum laude with a BA in economics, and Harvard Business School, from which he received an MBA (with distinction). In 1998 he was awarded a Ph.D., Humane Letters from the University of Massachusetts Medical School in Worcester, Massachusetts.

Mr. Present is Co-Founder, President and CEO of F-Squared Investments. Prior to F-Squared Investments, he was Founder and President of Helicon Partners LLC, a boutique management firm specializing in new business development within the financial services industry.

Previously, Mr. Present was Managing Director at Evergreen Investments where he was a member of the Evergreen Executive Committee. Mr. Present ran global product management and strategy for the firm, led the successful multi-billion dollar business launch into closed end funds, and was business owner of the Alternative Investments, Managed Accounts, and 529 businesses. He was also a lead participant in the firm's M&A efforts.

Prior to joining Evergreen, he was a Managing Director at Putnam Investments, where he founded the firm's Corporate Product Management department. He also was Partner and Director of Strategy for the Boston Financial Group, a leader in the real estate investment industry, and he spent 6 years at Chase Manhattan Private Bank where he ran the firm's offshore fund business.

Mr. Present earned a BS in Petroleum Engineering from the University of Texas at Austin and an MBA from Emory University, where he was awarded the Robert W. Woodruff Fellowship for academic excellence.

Mr. Present is frequently quoted in the financial press, and is a recurring guest on CNBC. He has also authored or co-authored several strategy white papers and research studies covering the investment industry, including a 2006 Study in conjunction with Financial Research Corporation entitled “THE NEW GATEKEEPERS: Navigating the Investment Manager Selection Process at Distributors.”

Mr. Tomney is Managing Director, Investments for F-Squared Investments, Inc. F-Squared is a privately-held, SEC registered boutique investment management firm providing investment advisory and portfolio management services for Financial professionals, Wealth managers, Institutional investors and sub-advisory services for mutual funds. F-Squared was founded with the explicit mission of redefining how quality investment management can be reliably delivered to investors.

Prior to F-Squared Rick was Marketing Director at Gottex Fund Management responsible for institutional sales and client service to North American clients and consultants. Mr. Tomney has also held the position of Deputy Chief Investment Officer for Liberty Ridge Capital. In that capacity, he was responsible for facilitating projects related to the investment process including the revamping the investment models and universe screening tools. He also assisted the Chief Investment Officer in managing the daily operations of the investment management department. Additionally Rick served as Risk Officer, overseeing the implementation of risk management techniques and systems. He was also responsible for product development at the firm for both institutional and retail offerings.

Prior to joining Liberty Ridge Capital, Mr. Tomney was vice president in the Corporate Product Development Group at Putnam Investments. Rick also held other senior product positions at United Asset Management Corporation and Fidelity Investments. Rick received a BS and an MBA in finance and marketing from Boston College.

For more than 25 years, Bob Padgette has been involved in the development of new products and services for the investment and financial services industries. Bob founded Klein Decisions in 2002. Bob was the Chief Executive Officer and founder of Möbius Group, Inc., a leading provider of software and data for investment professionals. Mobius was founded in 1989 and acquired by CheckFree in 1999. Bob began his investment career at Kidder, Peabody & Co., where he last served as Vice President and National Director of the PRIME Asset Consulting Group.

During his career Bob has been active in the Investment Management Consultants Association (IMCA), serving on numerous committees and helping develop IMCA's Consultant Performance Presentation standards. As part of his IMCA activities in the 1990s he served as an instructor on the manager research and evaluation section of the CIMA certification course taught at Wharton School of Business in Philadelphia. He received the Steve Kessler annual writing award in 1997 from IMCA and the Pioneer Award from the Money Management Institute in 2003 for his overall contributions to the managed accounts industry. He has been a member of the Methodology Committee at the Retirement Income Industry Association (RIIA).

Bob received both a BSEE and an MBA from Duke University. He is a CFA Charterholder since 1988 and a Certified Investment Management Analyst (CIMA®) since 1991. He is also an active member of the CFA institute, IMCA, and RIIA.

Mr. Ponko is the Senior Product Analyst with Klein Decisions, an investment software company located in Raleigh, NC. He has over 20 years of experience in mutual fund management, investments, portfolio analytics, and retirement plan design. He has served as Chief Investment Officer for the Actuarial Consulting Group, Richmond, VA, and Glenwood Capital, Raleigh, NC.

Mr. Ponko received a B.A. degree from the College of William and Mary in Virginia. He subsequently earned his M.A. and PhD from the University of North Carolina at Chapel Hill. In addition to being a CFA Charterholder, he is a Chartered Financial Consultant (ChFC) and a Certified Employee Benefits Specialist (CEBS®).

Mr. Powers joined RINET Company in May of 2004 and is a member of RINET's Investment Strategies Group. He brings 11 years of investment experience and is responsible for conducting investment research and due diligence on separate account managers and alternative investments for RINET's investment platform. He is also a member of RINET's Investment Committee, which determines asset allocation guidelines, tactical asset allocation decisions, and model portfolio investments.

Prior to joining RINET, David was a Vice President in Evergreen Investments' Product Management Division. Prior to joining Evergreen in 2003, David was a Director within Linsco Private Ledger's Research Department where he was responsible for investment research and due diligence on mutual funds, separately managed accounts, and individual securities.

David is a graduate of Bryant College in Smithfield, RI, from which he earned a Bachelor of Science degree in Finance. David is also a CFA Charterholder and is a member of the CFA Institute and the Boston Security Analysts Society (BSAS).

Mr. Beckwith is Chief Investment Officer of RINET Company, LLC. He is responsible for leading the development and direction of RINET's overall investment strategy. He oversees the due diligence, selection, and monitoring of all investment managers, mutual funds and alternative investments.

Mr. Beckwith has over 20 years of investment experience. Prior to joining RINET, he was the Managing Director of Hale and Dorr Capital Management LLC, a $1.8 billion private client/family investment management firm. Previously he spent four years as Senior Vice President at Brown Brothers Harriman & Co. managing private client and some institutional accounts, and before that he spent 12 years as Vice President/Portfolio Manager at John Hancock Financial Services with a focus on the management of global, international, and Pacific Basin mutual funds. Mr. Beckwith began his career in 1981 as a financial analyst with Lloyds Bank International. Mr. Beckwith has commented on international markets, asset allocation and other financial issues in publications such as The Wall Street Journal, The New York Times, and The Daily Deal, and on television outlets such as CNBC and ABC World News Tonight.

Mr. Beckwith is a Chartered Financial Analyst and member of the Boston Society of Security Analysts. He holds a B.A. from Trinity College and studied international finance at the Fletcher School at Tufts University. He is also involved with City Year, rides in the Pan Mass Challenge to raise money for the Jimmy Fund and Dana Farber and is a Trustee and rotating investment committee member at the Dedham Institution for Savings.

Mr. O'Neill is Vice President of Mesirow Financial's Investment Strategies department. He has nearly 20 years of experience in finance and scientific research. He is an expert in the areas of quantitative investment manager selection, Monte Carlo simulation and quantitative finance.

Prior to joining Mesirow Financial, Mr. O'Neill was a research consultant for Ibbotson Associates, where he applied quantitative analysis and product development experience to support the efforts of the Investment Management Services, Fund of Funds and Financial Communications groups. Earlier, he offered quantitative investment advice and methodology to other financial advisors as president and founder of Quantalent Investment Consulting, LLC, an independent Registered Investment Advisor. Also during his accomplished career, Mr. O'Neill spent five years dedicated to financial planning, which culminated in a senior product management role developing a Web-based investment advice tool for a major mutual fund company.

Mr. O'Neill earned his doctor of philosophy and master of science degrees in theoretical physics from Cornell University and an A.B. degree in physics magna cum laude from Princeton University. He is a Chartered Financial Advisor (CFA) Charterholder, a Chartered Financial Planner® (CFP) certificant and holds Financial Risk Manager (FRM) and Chartered Financial Consultant (ChFC) designations. In addition, he has published eight papers and academic reports in theoretical particle, accelerator, and gravitational physics.

Mr. Annin is a managing director of Mesirow Financial's Investment Strategies department. He has 20 years of experience in the financial services and investment industry. Most recently, Mr. Annin served as a managing director for Ibbotson Associates, where he managed the company's non-software product initiatives, including investment management, investment consulting, data products and training product lines. During his 12 years with Ibbotson Associates, he was vital in developing investment strategy consulting services which included performance studies based on historical performance data of portfolios under various scenarios. Mr. Annin's extensive career also includes positions with IPC Group, Abbot Laboratories and Bear, Sterns & Company.

Mr. Annin holds a Chartered Financial Analyst (CFA) designation. He earned a master of business administration degree from The University of Texas at Austin and a bachelor of business administration degree from The University of Wisconsin-Madison.

Mr. Champion is currently Director -- New Product Development in the ETF Marketplace for the New York Stock Exchange. In this role he works on all phases of product creation for ETFs and other new products. He joined the Amex in 2006. Prior to joining the Amex, Mr. Champion worked as an Assistant Portfolio Manager and Analyst for Victory NewBridge Capital Management and NewBridge Partners, LLC from 1999 until 2005. He began his career at the Campbell, Cowperthwait division of U.S. Trust in 1998.

Mr. Champion is a Chartered Financial Analyst and member of the New York Society of Security Analysts. He received his bachelor's degree in Business Administration with a concentration in Finance from Binghamton University.