Algonquin Ranked Among Top Advisory Firms

July 1, 2009

Greenwich, CT - Algonquin Advisors LLC announced today that it has been ranked among the nation’s top investment advisors by Wealth Manager* Magazine’s “Top Wealth Managers” - the Top Advisory Firms in the country.

Algonquin’s ranking at number 22 was announced in the July/August 2009 issue of the magazine. This ranking shows Algonquin with average Assets under Advisement (AuA) per client1 of $20.8 million far above the median of $1.1 million for the 407 firms surveyed nationwide. In addition, Algonquin is ranked the highest among 10 wealth management firms listed in Connecticut, and the only firm in the state listed among the nation's Top 100 wealth managers2.

“We were pleased to place so highly in this independent analysis of wealth managers,” said George Hubbard, Managing Partner and Chief Investment Officer of Algonquin. “While we’ve been in business for more than ten years, this is the first time we’ve participated in such a survey.”

In its 9th annual ranking of Top Wealth Managers, Wealth Manager Magazine surveyed the nation’s leading independent wealth managers and tabulated attributes of each, including assets under management, number of clients, number of professionals and other relevant data.

*The ranking by Wealth Manager Magazine should not be construed as a guarantee that clients of Algonquin will experience a certain level of results if a client engages or continues to engage Algonquin. It should not be construed as a current or past endorsement by any of Algonquin’s clients. Lists and rankings including those prepared for Wealth Manager Magazine generally base their selections exclusively on information prepared and submitted by the recognized advisor.

1Please note that average client Assets under Advisement include assets where Algonquin provides consulting services and has no trading authority. These relationships may be large relative to the size of Algonquin’s direct clients and, as a result, will reflect a larger average client relationship than if the ranking only utilized direct Algonquin client relationships.

2Please note that Algonquin’s Assets under Advisement may be considerably larger than Algonquin’s assets under management. Assets under Advisement include assets where Algonquin provides consulting services and has no trading authority.

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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