Algonquin Advisors Hires John A. Hyman

May 18, 2010

Greenwich, CT - Algonquin Advisors LLC, announced today that it has hired John A. Hyman as a partner and Chief Executive Officer.  Mr. Hyman will manage the company's day-to-day operations and have responsibility for developing and executing strategies designed to distribute Algonquin's wealth management, institutional research and investment consulting services.

Mr. Hyman has been involved in the financial services industry for 25 years. He has been among the most successful at developing and managing high net worth management platforms.  Prior to joining Algonquin, Mr. Hyman led business efforts for J.P. Morgan Securities, Inc. and its predecessor organization, Bear Stearn & Co., Inc. as well as Oppenheimer & Co., Inc.

George Hubbard, Algonquin's Founder, Chief Investment Officer and Managing Partner said, "We are extremely pleased to add a person of John's caliber to the Algonquin team.  His unique skill set and years of experience leading some of the most sophisticated wealth management businesses for major Wall Street Firms will add significant value to our existing and future clients."

Mr. Hyman said, "I am very excited to be joining Algonquin.  George and his team have built an outstanding investment platform, and I look forward to working with them and Algonquin's clients."

Founded in 1998, Algonquin Advisors is based in Greenwich, Connecticut. The firm has a national wealth management practice focused on high net worth individuals, foundations and endowments.  Specific services include asset allocation, portfolio construction, and investment manager selection across traditional and alternative asset classes.  The firm is well regarded for their family of Algonquin Funds.  In addition, the firm provides specialized consulting services to financial organizations and museums.

For more information regarding Algonquin please visit the firm’s website at http://algonquinadvisors.com/ or contact Ms. Michaela Barnum, at (203) 629-2114, or e-mail her at mbarnum@algonquinadvisors.com.

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