Delta Global Advisors, Inc. Hires Michael Pento

Industry veteran joins global investment firm as senior market strategist

Huntington Beach, CA (PRWEB) February 8, 2006 -- Investment firm Delta Global Advisors, Inc. announced today the hiring of Michael Pento as a Senior Market Strategist. A published economic theorist and expert in the Austrian school of economic theory, Mr. Pento will provide a thoughtful argument that is outside of the mainstream and a viewpoint which is currently pessimistic about the outlook for the global economy.

“It is our intention to showcase some of the finest minds in the business,” said the president of Delta Global, Chip Hanlon. “Michael is quite bearish at present, but he’s a great addition to our team and his investment opinions will always be welcome, regardless of whether they jibe with my own at any particular time since I deeply believe that a variety of high-minded analysis is best for our clients.”

Regarding the benefits of Pento’s presence, Hanlon went on to say, “I’m intimately familiar with his writings and have no doubt that he will become an immediate success on the larger stage that we provide. I also suspect that many members of the media may be growing weary of listening to the same tiresome, dogmatic voices on the bear side of the aisle and will appreciate his thoughtful insights and pleasant demeanor.”

In joining Delta Global, Pento said, “I’m excited about this opportunity. Before making this crucial move I considered many options and had discussions with a number of firms, including some very close competitors to Delta. In the end, however, it seemed clear to me that this firm was headed in the right direction and that it would offer not only the greatest opportunity, but the finest working environment, too.”

A 15-year industry veteran whose career began on the floor of the New York Stock Exchange, Michael Pento recently served as a Vice President of Investments for GunnAllen Financial. Previously, he managed individual portfolios as a Vice President for First Montauk Securities, where he focused on options management and advanced yield-enhancing strategies to increase portfolio returns.

About Delta Global:

A full-service investment firm, Delta Global Advisors, Inc. is a leader in providing trading access to stock markets around the world. Its advisors are regularly featured in the financial press for their insights on foreign markets and currencies as well as for their thoughts on U.S. financial markets. All securities are offered through Delta Equity Services, Inc. of Bolton, MA, which has been an NASD broker/dealer and member firm since 1985.

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