STEVEN SINGLETON

Executive Vice President – Director of Research

Mr. Singleton has over 24 years of experience in developing fundamental, technical, and quantitative models to understand the various factors that effect stock price and equity portfolio performance and is the creator of ELROI. Prior to joining Robert Van Securities in 1995, he spent 10 years in the financial information services business with Fact Set Research Systems, Interactive Data Corporation and Lotus One Source Information selling and supporting services that require the manipulation of fundamental, pricing and expectational data. He is a General Securities Principal, Registered Representative and Registered Research Analyst (NASD Series 7, 24, 63, 65, 86 and 87). Mr. Singleton earned a B.A. in Mathematics/Economics from Claremont McKenna College (formerly Claremont Men’s College).

CLAYTON EARLE

Senior Vice President – Research

Mr. Earle has over 18 years experience in equity research and portfolio management. Mr. Earle has worked in senior positions at Woodford Capital Management, Montgomery Securities and Lehman Brothers. Mr. Earle graduated with an MBA from Harvard Business School in 1994 and was an analyst at Merrill Lynch’s New York City headquarters in the Investment Banking Division prior to business school. Clayton is a registered research analyst and investment advisor ( Series (NASD Series 7, 66, 86 and 87). Mr. Earle holds a Bachelor of Science in Electrical Engineering from Brown University with graduate work in computer networks, artificial intelligence, and robotics.