Bert Cuthbertson

Denali Advisors LLC is a SEC-registered investment advisor and holding firm headquartered in San Diego, California. The firm was founded by Robert Snigaroff and Mike Munson in 2001. The firm provides investment advisory services on an advisory and sub-advisory basis to institutional public, corporate and insurance clients.

Analytic Investors, Inc. is a registered investment advisor headquartered in Los Angeles, California. The firm was formed in 1970 as Analytic Investment Management. In 1985, the firm was purchased by United Asset Management (UAM). At that time, Analytic Investors became a wholly-owned subsidiary of UAM. Analytic acquired TSA Capital Management and later changed their name to Analytic Investors, Inc. The firm’s ownership structure changed in October 2000 when Old Mutual plc purchased UAM. At that time, Analytic Investors became an indirect, wholly-owned subsidiary of Old Mutual plc (LSE: OM). To implement an equity ownership plan, the firm changed their corporate form by merger with and into a newly formed Delaware limited liability company on October 24, 2007. The new LLC assumed all of the assets and liabilities of the California corporation. On December 20, 2007, Old Mutual (US) Holdings switched to being a majority owner. The remaining minority owner was Analytic Investors Holding LP. On December 31, 2012, Analytic Investors closed their management buy-back transaction with its former parent company, Old Mutual (US) Holdings, resulting in a fully independent and employee-owned firm. Analytic Investors' business consists primarily of managing investment advisory accounts for large institutional investors, including public and corporate pension plans, commingled investment vehicles and mutual funds. The firm may also act in a sub-advisory capacity for a public or private fund. ^

Freeman Investment Management Co. LLC is a registered investment advisor located in San Diego, California. The firm was originally founded in 1985 as Investment Research Company (IRC). From March 1994 until January 2001, IRC was a wholly-owned subsidiary of United Asset Management. In January 2001, IRC became an independently owned and operated firm through an MBO and changed their name to Freeman Associates Investment Management. In February 2009, the firm merged with San Diego-based Investment Science Corp. (ISC) and became known as Freeman Investment Management Co. LLC.

Founded in 2004, Ten Asset Management, Inc. is a registered investment advisor located in Ojai, California. The firm provides quantitative asset management services to corporate pension, public, Taft-Hartley, endowment, foundation and high net-worth clients.