ABOUT ARROWHEAD ASSET MANAGEMENT

With offices in Wimberley, Texas, Arrowhead Asset Management (AAM) is a fee-only investment advisory service offering proven outperforming, low risk retirement plans and individual investment accounts for colleges and university faculty & staff, small business owners, and individual professionals in central Texas.

For most clients, we set up accounts with 1) the no-load mutual fund company and discount broker Fidelity Investments for both retirement and brokerage accounts and 2) TIAA-CREF, the no-load, non-profit financial services firm for after-tax annuity and term insurance needs.

Unlike the investment advisors, brokerage and insurance salespeople, and company marketing representatives who promote the ineffective and antiquated "buy and hold, trust the stock market" asset allocation philosophy of money management, our investment strategy achieves superior on-going investment returns by using a risk-managed "active involvement" approach to our client's money.

We accomplish our superior performance by focusing on positive money flow trends into industry-specific sectors, global geographical regions, high income securities, real estate investment trusts (REITs), stocks, and money market cash when necessary. At the same time, our investment decision making avoids sectors and asset classes that are in negative down trends. Bottom line: we make every effort to invest in what is going up and avoid investing in what is going down.

By working with Arrowhead Asset Management, investors (1) receive objective investment advice, (2) avoid paying antiquated, performance-reducing commissions, and (3) retain control of their assets by shunning commission "loaded" brokerage products and insurance annuities that are costly, illiquid, and ineffective in today's investment environment.

As stated earlier, however, we use TIAA-CREF insurance annuities and some of their no-commission term life insurance products for specific client needs. At TIAA-CREF, their annuity products assess no surrender penalties on the CREF (mutual fund) side and they have one of the lowest "insurance mortality expense" ratios in the entire insurance industry.

Finally, if you are tired of seeing your retirement and brokerage assets decline because you have naively believed the lazy and failed Wall Street/ business school hyperbole of market efficiency and "buy and hold" superiority, please contact us for some straight talk about your money and your financial future.

* If your primary investment portfolios simply sat in stock mutual funds for most or all of 2008, you definitely need a new investment advisor/money manager. For your own financial benefit, take action now and contact us at 1-800-299-4646.

Arrowhead Asset Management (AAM) was founded in 1991 by Ralph A. Boschert for the purpose of providing our specific investor groups with a more sophisticated investment advisory service (fee-only) than that offered by the typical brokerage and insurance company sales approach.

Ralph A. Boschert, Owner and Managing Principal of Arrowhead Asset Management, is a Registered Investment Advisor and has 25 years experience in the money management and investment business. Prior to establishing Arrowhead Asset Management in 1991, he was the National Training Director of 403(b) Plans for National Annuity Programs, Inc. in Austin, Texas and a Financial Planner for a money management firm in San Francisco, California. Mr. Boschert also served five years as Assistant Director of Higher Education Placement at the University of California, Berkeley from 1979 to 1984.

Mr. Boschert has a Master's degree (1978) and Bachelor's degree (1975) from California State University, Chico, and is a nationally recognized speaker and published author on green energy, social-value investing, and the inappropriateness of insurance annuities within retirement plans. He works and resides in Wimberley, Texas.

Wes Old father, IT and Administration, has a Bachelor's degree in Business from Texas State University, San Marcos and is currently pursuing his MBA at the same University.

Anthony Wilson, Marketing and Client Services, has a Bachelor's degree from Texas State University, San Marcos, and also works out of the Wimberley/San Marcos office. Tony was born and raised in the United Kingdom and has lived in Texas for over 25 years.