Black Capital Management LLC

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11400 Alley Jackson Rd. PO BOX 1931, 64063 Tampa

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BLACK CAPITAL MANAGEMENT, LLC provides professional investment management and advisory services specializing in the management of balanced and equity portfolio`s for employee benefit plans, corporate investment funds and portfolios of individual and family assets. The firm concentrates its investments in equities, fixed income and cash equivalent securities, thereby customizing a portfolio program for the long term investor. BCM was founded in 1987 to provide specialized portfolio management services for a select number of clients. Terry P. Black, CFA, is the founder of the company and has been analyzing equity securities since 1979. He began his career as an investment portfolio analyst after receiving his M.B.A. in finance in 1983. BCM is a Registered Investment Advisor (RIA) with the Securities and Exchange Commission under the Investment Advisors Act of 1940. Mr. Black is a member of the Association for Investment Management and Research (comprising the Institute of Chartered Financial Analysts and the Financial Analysts Federation). Mr. Black is a member of The CFA Institute as well as a member of The Kansas City Society of Financial Analysts.

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11400 Alley Jackson Rd. PO BOX 1931, 64063 Tampa

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