Media Release

Baltimore-based, newly minted
Archstone Portfolio Solutions, LLC
brings mighty resources to bear for endowments, foundations, private investors

with "middle market" access to conflict-free investment consulting servicestypically available
only to the billion dollar investor

wielding solutions -- not products
for nonprofit and private investors who must work more diligently today in deepening climate of funding challenges and muted returns to enhance performance, manage costs, control risk

(Lutherville, Md. – Nov. 13, 2006)
In the late 1990s, coffers were full and endowments hefty for educational and cultural institutions, hospitals, and other non-profits. Today, investors must take a hard look at what can be done to improve returns without materially increasing risk, and must do so in a punishing climate that demands diversification among a bewildering array of assets. This potent mix of forces has heightened the need for in-depth analysis of portfolio structure, characteristics, performance, investment policy, and manager selection.

Alex. G. Fisher and Glenn E. Ross, through newly formed Archstone Portfolio Solutions, LLC (www.archstoneportfolio.com), have responded to this groundswell in the middle market space of institutional and private investors -- defined as under $500 million -- with a freshbusiness model that combines the significant resources of their strategic alliances with industry leaders Summit Strategies Group and the Independent Consultants Cooperative.

Veterans of more than 30 years in investments and consulting, Fisher and Ross have formulated their conflict-free investment consulting services in Archstone as the centerpiece of sound investment programs, providing a level of expertise and attention typically unavailable to this market segment, to assist with developing clearly defined investment policy and asset allocation, and manager search and evaluation. Archstone advises for investment programs of $25 million or more, primarily in the central Atlantic states. In the first few weeks since its inception in early October, Archstone already has garnered commitments for a half billion dollars.

Alex Fisher is former Investment & Wealth Management Division Vice Chair of Mercantile Bankshares in Baltimore, where he previously headed Private Banking and Private Wealth Management. Glenn Ross is a former principal of Asset Strategy Consultants in Hunt Valley, Maryland, and served in several capacities during a career with Mercantile, including Quantitative Investment Manager of qualified pension commingled funds. Ross is co-author of a book written as a guide to assist boards of directors with managing their fiduciary responsibilities, slated for release in first quarter 2007 (Wiley & Sons).

Alex Fisher explains the need:
"There is widespread frustration among middle market institutional investors about the multitude of asset classes, managers, and fund choices. These investors are grappling with the challenge of watching many more pots today, while feeling the squeeze of lower returns and uncertain risks. Archstone has the ability to deliver solutions -- versus products -- to this market segment, and at the level of sophistication enjoyed almost exclusively by the big guys."

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