Celebrates 20 Years of Excellence

1992 – 2012

The Asset Strategies team gathered with friends, family and clients on Friday, March 30, 2012 to celebrate the 20 year anniversary of the firm.  In attendance were trustees from many of the retirement plans advised by the firm.  The City of Southfield Fire and Police Retirement System,  by its’ board President, Dick Keier, presented George Vitta with a framed, resolution of the board in recognition of service to the board since September of 1993.  Specifically, the trustees resolved;

RESOLVED, that the Board of Trustees, on behalf of itself and all concerned, hereby expresses its gratitude and appreciation to Mr. Vitta and Asset Strategies for their honorable and distinguished service as the Retirement System’s Investment Consultant, and be it further

RESOLVED, that the Board of Trustees, on behalf of all the aforementioned parties, says “Thank You for a Job Well Done” and expresses its congratulations to Asset Strategies in celebration of its 20^th Anniversary.

Asset Strategies has provided strategic investment advice and oversight for client fiduciaries from all major plan sponsor types including union and multi-employer funds, government retirement plans, corporate retirement plans, endowments, foundations, healthcare plans and managed risk pools since 1992.  Our objective is to ensure that all plan fiduciaries have the education and information necessary to fulfill their fiduciary responsibilities. We are continuously working to make fiduciary responsibilities easier to manage by identifying ways to enhance the long-term value of their funds.  The cornerstone of our philosophy is the belief that we must add value for our clients.

Asset Strategies has never been affiliated with brokers, banks, insurance companies, mutual funds or money managers.  We have no corporate partners or joint venture partners.  Independence and objectivity were the foundation for the creation of this firm in 1992, and to date, there has been no compelling reason to sacrifice either.

Like many of life’s milestones, our recent anniversary has the team reflecting on years past and the people we have served.  Recognizing that our success is dependent upon the confidence and trust of our clients, we extend our thanks and appreciation for their ongoing support.   Cheers to the next 20 Years!

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George Vitta will attend and speak at the conference. In addition to his participation in panel and round-table discussions, George will present a session on Performance Measurement. When managing a risk pool, an important component to success is the ability to assess the portfolio’s performance. George will discuss the concept of benchmarking and how to determine an appropriate benchmark.

The current economic environment has been unpredictable and volatile; making this conference timely and fitting. Other sessions will provide an update on the latest developments in the markets, including current interest rates, yield spreads, and major market trends as they pertain to the public funds investor. Also included will be a review of key economic data and what it indicates about where we are in the economic recovery process.

George Vitta is President of Asset Strategies Portfolio Services, Inc., an institutional, investment consulting firm located in Auburn Hills, Michigan.  For more information about our firm, our consultants, or the services we offer, please call 248-373-9900.

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George Vitta, President, Asset Strategies Portfolio Services

Asset Strategies is proud to announce that most of their clients achieved 2009 Total Fund Returns ahead of expectations and that out-pace their peer group universe. These results hold true across multiple categories of investors. Despite the capital market meltdown in 2008, clients achieved strong results. This momentum carried into 2009, providing excellent results across the spectrum of Asset Strategies’ clients. Highlights of The Various Achievements Include:

Pension Plans: #1 Public Plan in the U.S. for 10 years ending 12/31/2009 #1 and #2 in the Small and Mid-Sized Categories in the U.S. Nearly all clients ranked in the top quartile for one, three, and five years

Health and Welfare Plans: All in top quartile

Foundation and Endowments: Average in the top half of their peer group universe

Cash Management: All top decile

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