Biographical Information

Alvin Dern, Principal and Co-Portfolio Manager

• Began career in the securities industry in 1954
• General Partner at J.B. Hanauer & Company at age 29
• Senior Vice-President at Shearson American Express
• Vice-President at Oppenheimer & Co.
• Vice-President at Paine Webber
• Served as an arbitrator of securities disputes for the New York Stock Exchange, the American Arbitration Association and the National Association of Securities Dealers
• Graduate studies in banking, finance and investments at NYU Graduate School of Business
• Graduated with a BS in Business Administration from Rutgers University
• Al and his wife Phyllis have two children.

Mark Dern, Esq., Principal and Co-Portfolio Manager

• Judicial Law Clerk to Justice Ben F. Overton at the Florida Supreme Court (2 year term)
• Private law practice including a significant amount of work in securities related matters
• Former Arbitrator of securities disputes for the National Association of Securities Dealers
• Former member of the Investment Committee of the Jewish Community Foundation of the Jewish Federation of South Palm Beach County, Florida
• Professional Advisory Committee of the Jewish Federation of South Palm Beach County, Florida
• BBA in Finance with Honors from the University of Texas at Austin
• Law degree (JD) from the University of Florida
• Mark and his wife Karen have two children.

©2010 Dern Capital Management Corporation. All rights reserved.