Levant Capital Research Merges with Northern Advisors

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Levant Capital Research has merged with Northern Advisors and will continue to operate under the name Northern Advisors.

Levant Capital Research has merged with Northern Advisors and will continue to operate under the name Northern Advisors. The merger came as a result of broader initiatives to build a foundation for future growth. By streamlining business processes and providing needed synergies, Northern Advisors plans to increase profitability. As always, Northern Advisors will continue to serve clients with the same high quality.

About:

Northern Advisors, LLC provides research services for institutional investors. Northern provides wholly independent analysis of financial and commodity markets. Northern develops strategies for institutional investors in an environment of complete transparency and full liquidity.

Northern Advisors specializes in directional investment and trading strategies on market indexes, commodities and other asset classes, primarily by way of the most liquid futures contracts and exchange traded funds, ETFs.

Northern Advisors bases its investment research on absolute return strategies. Northern's institutional clientele includes banks, brokerages, asset managers, financial advisors, family offices and professional traders.

For questions, please contact Peter Levant at 312 214 3506.

Please visit the Northern Advisors website at http://www.northernadvisors.com for more information about Northern's range of services.

Disclaimer:

Northern Advisors, LLC ("Northern") and its affiliates do not provide tax advice and nothing contained herein should be construed to be tax advice. Please be advised that any discussion of tax matters contained herein including any attachments is not intended or written to be used, and cannot be used for the purpose of avoiding tax-related penalties; and was written to support the promotion or marketing or other matters addressed herein. Accordingly, please seek advice based on your particular circumstances from an independent tax advisor.

This publication has been prepared by Northern. This publication is provided for information purposes only. Prices shown in this publication are indicative and Northern is not offering to buy or sell or soliciting offers to buy or sell any financial instrument. Other than disclosures relating to Northern, the information contained in this publication has been obtained from sources that Northern considers reliable, but Northern does not represent or warrant that it is accurate or complete. The views in this publication are those of Northern and are subject to change, and Northern has no obligation to update its opinions or the information in this publication. Northern and its affiliates and their respective officers, directors, partners and employees, including persons involved in the preparation or issuance of this document, may from time to time deal in, hold or act as advisors to brokers, commercial and investment banks in relation to the securities or related derivatives which are the subject of this publication.

Neither Northern, nor any affiliate, nor any of their respective officers, directors, partners, or employees accepts any liability whatsoever for any direct or consequential loss arising from any use of this publication or its contents. The securities discussed in this publication may not be suitable for all investors. Northern recommends that investors independently evaluate each issuer, security or instrument discussed in this publication, and consult any independent advisors they believe necessary. The value of and income from any investment may fluctuate from day to day as a result of changes in relevant economic markets, including changes in market liquidity. The information in this publication is not intended to predict actual results, which may differ substantially from those reflected.

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