Obermeyer Asset Management Boosts Denver Presence

Aspen-Based Money Manager Moves Investment Chief to Firm's Metro Office


ASPEN, CO--(Marketwire - August 27, 2009) - Obermeyer Asset Management Company (Obermeyer), one of Colorado's premier discretionary asset management firms, has announced the relocation of its head of investment research to Denver. John Goltermann, CFA, CPA, Obermeyer's Senior Vice President for Portfolio Management, will make his primary office in the firm's recently opened office in the Cherry Creek business district.

Mr. Goltermann's presence in Denver, one of the West's most important financial centers, further extends Aspen-based Obermeyer's reach toward Colorado's affluent investors.

"This move is a positive development for our firm and for our clients," said company president Wally Obermeyer. "John will be well-positioned to monitor industry trends, economic developments, and investment opportunities as he expands his network of business and investment professionals in Denver."

Functionally, Mr. Goltermann's role at Obermeyer will remain unchanged. As the primary architect of the firm's global equity strategy, he will continue to serve on the Obermeyer Investment Committee and articulate the company's market perspective.

"Obermeyer Asset Management has made significant investment in the necessary resources to improve inter-office connectivity, so our team can interact as though it's in one office," says Goltermann. "Actually being in Denver, which allows me greater opportunity for one-on-one investment conversation with key people, will quickly benefit us all."

Mr. Goltermann has longstanding ties to the Denver investment community. Before joining Obermeyer, he performed due diligence and valuation work as a senior associate with an Arizona-based private equity firm, and worked in institutional cash management and accounting with Janus Capital for several years. Mr. Goltermann earned a BS degree in accounting from Metropolitan State College of Denver, graduating summa cum laude, before receiving his MBA in finance from Arizona State University. In 2000, he received the Jack Furst Fellowship from Hicks Muse, a leading private equity firm.

The Obermeyer investment team builds and manages marketable securities portfolios for about 250 families representing over $600 million in assets. Wally Obermeyer was recently named one of Worth magazine's 'Top 250 Wealth Advisors,' and has been included in Barron's magazine's 'Top 100 Independent Advisors' for the last two years.

About Obermeyer Asset Management

Obermeyer Asset Management is an independent fee-only Registered Investment Advisor (SEC File #801-54953) headquartered in Aspen, CO. The firm manages assets for a select group of individuals, their families, and the foundations and corporations they lead. Obermeyer offers a disciplined, globally informed investment perspective that seeks overlooked value opportunities for customized portfolios. For more information, visit www.obermeyerasset.com.

Contact Information: For more information, please contact: Lonny Kandel or Ali Phillips Obermeyer Asset Management (800) 337-0933 Morrison Shafroth Communications Strategy Group (720) 470-3653

John Goltermann, CFA, CPA, Senior Vice President for Portfolio Management, Obermeyer Asset Management