Rorer Large Cap Equity Strategy

Overview Commentary Management Philosophy Process Multi-Media Presentation

Rorer Asset Management, LLC

Rorer Asset Management, LLC (“Rorer”), located at 161 Washington Street, Suite 1500, Conshohocken, PA, was founded in 1978.  Rorer specializes in portfolio management for equity, balanced, and fixed income accounts on behalf of high net worth individuals.  Affiliated Managers Group, Inc. owns a majority interest in Rorer. As of December 31, 2006, Rorer managed approximately $1.6 billion.

Portfolio Managers

An investment team from Rorer, led by Chairman and Chief Investment Officer Edward C. Rorer, and Executive Vice President and Director of Research Clifford B. Storms Jr., manages the Strategy.

Ted C.RorerEdward (Ted) C. Rorer
Chairman and Chief Investment Officer
Founder of Rorer Asset Management, LLC, Edward C. Rorer is the company's Chairman and Chief Investment Officer.  Having developed the company's disciplined approach to investment management, he is responsible for the firm's overall investment process.  He is a member of the Investment Policy Committee. He began his career in the Philadelphia office of Blyth Eastman Dillon, where he served as Vice President.  Ted holds a Bachelor of Arts degree from Trinity College in Hartford, CT, and an MBA from the Wharton School, University of Pennsylvania.  He is also a member of the CFA Society of Philadelphia.

Clifford B. Storms, Jr., CFAClifford B. Storms, Jr., CFA
Executive Vice President, Director of Research
As Executive Vice President and Director of Research, Cliff Storms is responsible for fundamental, technical, and quantitative research.  Cliff is a member of the Investment Policy Committee and launched his investment career in 1984. Before joining Rorer, Cliff was the Associate Director of Research and Portfolio Manager for the First Pennsylvania Bank.  Prior to that, Cliff worked as an Analyst for Value Line, Inc. Cliff holds a Bachelor of Arts degree from Dickinson College and an MBA from the University of North Carolina at Chapel Hill.  He holds the Chartered Financial Analyst designation and is a member of the CFA Society of Philadelphia.

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