Legend Financial Advisors, Inc - Press Center

<BODY> -------------------------------------------------------------------------------- October 11, 2002 CNNfn Kathleen Hays The Television Program - “Money & Markets” Lou Stanasolovich discussed Legend’s Lower Volatility Portfolios and the different asset classes it is comprised of. He compared this concept with the S&P 500 by stating the analogy, “It is best to describe the Lower Volatility Portfolio as the tortoise and the S&P 500 as the hare.” -------------------------------------------------------------------------------- October 8, 2002 Pittsburgh Post-Gazette Bill Flanagan “Less Taxing Returns II” Jim Holtzman discusses several steps that will make taxes and paperwork easier in 2003. He suggested avoiding frequent sales of mutual finds for everyday expenses, maximizing retirement contributions, adjusting withholdings to avoid estimated tax, taking advantage of home office deductions and keeping a file of home expenditures. -------------------------------------------------------------------------------- October, 2002 Financial Planning Editor “Mutual Funds Must Certify Financial Results” Diane Pearson commented on the updated requirements of mutual fund companies of certifying all semiannual reports and financial statements to shareholders. She added that with all of the corporate fraud today, clients are wondering whom they can really trust, and why they should trust mutual funds over any individual equity. -------------------------------------------------------------------------------- October, 2002 Financial Planning Donald Korn “Hedging Without Trimming” Lou Stanasolovich was quoted extensively discussing the risks and ambiguities of hedge funds and why, because of this, the firm instead chooses mutual funds that offer the beneficial benefits of hedge funds. -------------------------------------------------------------------------------- October, 2002 The Physician’s Personal Advisory Lou Pilla “Crafting Your Estate Plan: Coping with Tax Law Changes” Diane Pearson talked about the new estate tax law and how “it is not a good planning tool.” She also suggested reviewing one’s will and determining if an irrevocable life insurance trust is still needed because of lower estate tax rates and higher exemptions may negate the need for such a trust. -------------------------------------------------------------------------------- October, 2002 Bloomberg Wealth Manager Alan Feigenbaum “Wheeling and Redealing” Jim Holtzman discussed 529 plans and how an advisor must closely monitor all of the different plans because they are constantly changing. There is a wide discrepancy of fees and benefits, but a participant has the option to switch to another savings plan if it is more appealing. -------------------------------------------------------------------------------- September 18, 2002 Wall Street Week with Fortune Larry Dignan “More 401(k) Options Needed” Lou Stanasolovich discusses the underlying ethical issues of giving mutual fund, such as 401(k), advice. Lou commented that many businesses do not offer the best fund selections, and an ethical advisor will not make any recommendations on the weighting of funds that are not considered profitable. -------------------------------------------------------------------------------- September 16, 2002 Investment News Dave Hoffman “Doing The Unthinkable: Adviser To Refund 12(b)-1 Fees” Lou Stanasolovich commented that refunds of 12(b)-1 fees stir price competition among commissioned brokers and may eventually cause even fee-only advisors to reduce their fees. -------------------------------------------------------------------------------- September 15, 2002 Pittsburgh Post-Gazette Len Boselovic “Planning For Their Future” Jim Holtzman stated that section 529 plan withdrawals may be taxable after 2010 unless the law becomes permanent or is extended. The article discussed the many options for college savings plans that are available. -------------------------------------------------------------------------------- September 9, 2002 Brill.com Marla Brill “How Do I Research A Fund Manager?” Lou Stanasolovich recommended to call the fund and its manager directly. A good secondary source would be Morningstar. -------------------------------------------------------------------------------- September 9, 2002 Brill.com Marla Brill “Can I Earn A Million Dollars With A Modest Investment?” Lou Stanasolovich responded that $2,500.00 over a forty-year period could grow to $500,000 but not a million. However, one million will not be worth nearly as much in forty years when it comes to purchasing power. -------------------------------------------------------------------------------- September 6, 2002 CBS Radio wbbm780.com Kris Kridel and Sherman Kaplan “Friday’s Stock Picks” Lou Stanasolovich was interviewed on CBS Radio to state what he suggests buying. Lou’s top three selections were Action Performance Companies Inc. (ATN), Dole Food Co. Inc. (DOL), and Petsmart Inc. (PETM). All three stocks have a high growth rate of earnings, low price-earnings ratios, rising earnings estimates as well as a stable outlook. -------------------------------------------------------------------------------- September 2, 2002 CNBC Tom Costello The Television Program - “Power Lunch” Lou Stanasolovich was interviewed during the Labor Day holiday on CNBC, in which he discussed Legend’s Lower Volatility Portfolios and how this investment strategy offers almost bond-like risk while earning equity-like returns. -------------------------------------------------------------------------------- September, 2002 Mutual Funds Editor “100 Great Financial Planners” Lou Stanasolovich was selected to Mutual Funds magazine as one of “The 100 Great Financial Planners in America,” for 2002. This is Mr. Stanasolovich’s second consecutive selection to this elite list. -------------------------------------------------------------------------------- September, 2002 Research Magazine Ellen Uzelac “Media Magnet” – Profiles In Success Lou Stanasolovich spoke about the media exposure that his company has worked to attain and how it has helped make people aware of the services Legend offers. He also mentioned how fee-only financial planning is becoming more important to those who are looking to invest their money with an advisor. -------------------------------------------------------------------------------- August 30, 2002 Pittsburgh Post-Gazette Bill Flanagan “Unrealistic Expectations” Lou Stanasolovich discussed the misconceptions that younger investors have about retirement and how one survey of retirees served as a reality check to those who have yet to retire. -------------------------------------------------------------------------------- August 29, 2002 Financial Planning Interactive Steve Garmausen “Mutual Funds’ Brass Must Certify Financial Results” Diane Pearson commented on the new SEC regulations that require mutual fund companies to certify their financial results. She feels that this rule may make clients feel more at ease, especially in a time with so much corporate fraud. -------------------------------------------------------------------------------- August 26, 2002 Investment News Lou Stanasolovich “Better Look Under That Welcome Mat” Lou Stanasolovich was asked about funds that have reopened lately. He suggests being wary about reopened funds, including the Janus Olympus Fund that he says is still too large. He advises picking a smaller fund with a similar strategy. -------------------------------------------------------------------------------- August 19, 2002 American Medical News Cheryl Jackson “Ailing Stock Market Leaves Doctors’ Retirement Funds Anemic” Lou Stanasolovich discussed how many people who were managing their own portfolios have made major errors with regard to technology and large cap stocks, which in turn has forced them to postpone their retirements. -------------------------------------------------------------------------------- August 16, 2002 CNNfn Ali Velshi The Television Program - “Business Unusual” Lou Stanasolovich was interviewed on CNNfn, in which he discussed Legend’s Lower Volatility Portfolios and how this investment strategy offers almost bond-like risk while earning equity-like returns. -------------------------------------------------------------------------------- August 12, 2002 Brill.com Marla Brill “What’s A Good Strategy To Achieve A Modest Return With Less Risk?” Lou Stanasolovich advised to evaluate no load mutual finds before buying and also making sure that the portfolio is built of funds that do not perform similarly. -------------------------------------------------------------------------------- August 12, 2002 Brill.com Marla Brill “How Should A Custodian Monitor A Parent’s Keogh Account?” Lou Stanasolovich responded to this query by suggesting the transfer of monies into an IRA rollover account, but only if the owner’s state of residence provides asset protection. He also stressed the importance of having an actuary to administer the plan. -------------------------------------------------------------------------------- August, 2002 Small Business News Ray Marano “Tax Gains” Jim Holtzman discussed the new 2002 tax law provisions that are being offered to businesses to encourage the making of capital investments. He suggests taking advantage of the increased depreciation if it is a worthwhile investment. -------------------------------------------------------------------------------- August, 2002 Financial Advisor Magazine Marla Brill “Savvy Mortgage Advice Ascends For Clients” Lou Stanasolovich advised, rather than taking out a large loan with a higher interest rate to finance a home, that instead a borrower can alternatively take out a first mortgage with a $300,700 maximum, which is a ½ percentage point lower than a jumbo mortgage to borrow the maximum allowed for a traditional mortgage and use a home equity loan for the remainder. -------------------------------------------------------------------------------- August, 2002 Financial Advisor Magazine Marla Brill “Hanging Tough” Lou Stanasolovich commented on The Merger Fund portfolio. He explained how Legend utilizes it as a hedge in more traditional portfolios and as a core holding in lower-volatility portfolios. -------------------------------------------------------------------------------- August, 2002 Financial Advisor Magazine Eva Marer “Can Advent Shed Its Bad-Guy Image?” Lou Stanasolovich commented his excitement on Advent’s new aggregation service. -------------------------------------------------------------------------------- August, 2002 Mutual Funds Barbara Kiviat “Beating Money Markets” Lou Stanasolovich advised purchasing ultrashort-term and short-term bond funds, because of their low volatility and higher rate of return. -------------------------------------------------------------------------------- July 29, 2002 Investment News Fred Gabriel “Grab Your Passport: Foreign Funds Hang Tough” Lou Stanasolovich commented on how his company cut back on foreign funds because they offer little diversity as compared to large cap domestic equity funds. However, he has begun to invest more in the Tweedy Browne Global Value Fund because of its value orientation, which offers better diversification. -------------------------------------------------------------------------------- July 26, 2002 Pittsburgh Business Times Tracy Carbasho “State Tuition Plans Help Families Save For Educational Expenses” Diane Pearson discussed the new Pennsylvania Tuition Account Program, the benefits of 529 plans in general, and the questions to ask about each state’s individual plan. -------------------------------------------------------------------------------- July 9, 2002 CNNfn Amanda Lang The Television Program - “Business Unusual” Jim Holtzman discussed some pitfalls of 529 college savings plans that people need to be aware of when looking at 529s. Some topics to review are that each state is able to set up a plan with its own investment selection and that each state has a different fund manager with different tax deduction limits. -------------------------------------------------------------------------------- July/August, 2002 Worth Melissa Phipps “Take Control Of Your Wealth” Lou Stanasolovich advised clients to borrow additional equity out of their house when refinancing or through a home equity loan. The proceeds can then be used to pay off higher interest rate commercial loans. -------------------------------------------------------------------------------- July/August, 2002 Worth Melissa Phipps “The Best 250 Financial Advisors In America” Diane Pearson and Lou Stanasolovich were selected by Worth magazine as two of “The 250 Best Financial Advisors in America.” This is Pearson’s second and Stanasolovich’s sixth consecutive selection to this elite list. Legend is one of only twenty-one firms nationwide to have more than one advisor selected to the list. -------------------------------------------------------------------------------- July 1, 2002 Bottom Line Personal Editor “Still Saving For College With A Custodial Account?” Jim Holtzman urged those holding a custodial account to consider switching to a 529 plan for more benefits, such as tax-deferred savings, tax-free withdrawals and state income tax deductions. -------------------------------------------------------------------------------- July 1, 2002 The Edge Kelvin Tan “Bitter Aftertaste” Lou Stanasolovich noted that because most companies do not know beforehand a good or bad time to launch a new fund, it is “buyer beware” when you are considering investing. -------------------------------------------------------------------------------- June 24, 2002 Investment News Rick Miller “Go To Jail! Go Directly To Jail! Do Not Pass Go!” Lou Stanasolovich commented on the Arthur Andersen scandal stating that all the top executives should be held responsible and imprisoned for their deceitful actions. -------------------------------------------------------------------------------- June 20, 2002 Pittsburgh Post-Gazette Editor “Dateline Pittsburgh” Jim Holtzman, CPA, is recognized for having completed the testing requirements to be a registered 529 consultant -------------------------------------------------------------------------------- June 17, 2002 Investment News Sara Hansard “IRS Paints A Bull’s-Eye On Advisers’ Clients” Jim Holtzman discussed the IRS’s general audits and what IRS will be looking for when auditing. -------------------------------------------------------------------------------- June 10, 2002 Forbes William P. Barrett “Compared To What?” Lou Stanasolovich commented on the Standard and Poor’s 500 indexes and states that the S&P 500 is composed predominantly of yesterday’s winners. -------------------------------------------------------------------------------- June 9, 2002 Brill.com Marla Brill “Are There Funds That Concentrate On Water?” Lou Stanasolovich discussed the issue of investing in mutual funds that concentrate on water and water company infrastructure. -------------------------------------------------------------------------------- June 9, 2002 Brill.com Marla Brill “Is This A Good Time To Buy Bond Funds For Income?” Lou Stanasolovich talked about investing in bond funds for income and why it may not make sense. He suggested instead to buy bank loan funds. -------------------------------------------------------------------------------- June 6, 2002 E-Trade Radio On Air Tom Hudson Jonathan Hoenig “The Trade” Lou Stanasolovich discussed the advantages and disadvantages of Buy/Sell Agreements. -------------------------------------------------------------------------------- June 3, 2002 Pittsburgh Post-Gazette Len Boselovic “Heard Off The Street: When It Comes To Pensions, Most Companies Assume The Best” Lou Stanasolovich commented on the current market conditions and gave insight into how the market is likely to perform over the next 10 years. He also stated that large S&P 500 companies have made very unrealistic assumptions about returns for their defined benefit pension plans in order to prop up their profit and loss statement. -------------------------------------------------------------------------------- June 3, 2002 Pittsburgh Post-Gazette Bill Flanagan “Audit From Hell” Jim Holtzman discussed the new IRS audit program and what its implications are for taxpayers. -------------------------------------------------------------------------------- June, 2002 Financial Planning Kenneth B. Hitchner “Silver Linings” Lou Stanasolovich discussed the current economic status and gave some predictions for a brighter future. -------------------------------------------------------------------------------- June, 2002 Ticker Kristen Rosen “Adviser Focus: Ask The Adviser” Lou Stanasolovich discussed how separately managed accounts will affect the financial planning industry. -------------------------------------------------------------------------------- June, 2002 The Physician’s Personal Advisory Lou Pilla “Counting On Dividends” Lou Stanasolovich talked about the importance of dividend yield when selecting stocks. -------------------------------------------------------------------------------- June, 2002 Bottom Line Personal Editor “Emerging Markets Will Continue To Outshine” Lou Stanasolovich commented on emerging markets and describes why they may outperform more established markets during the next 5 years. -------------------------------------------------------------------------------- May/June, 2002 Woodmen Magazine Carolyn Maille-Petersen “Tightening Your Budget” Diane Pearson discussed steps to take when trimming your expenses. -------------------------------------------------------------------------------- May 24, 2002 The Wall Street Journal Georgette Jasen “Darts Win In The Latest Round But Still Lag Well Behind Pros” Lou Stanasolovich picked IndyMac Bancorp, Inc., the top pick in the Wall Street Journal’s investment competition. IndyMac gained 16.8 percent from November 20, 2001 through April 30, 2002. -------------------------------------------------------------------------------- May 24, 2002 The Wall Street Journal Theo Francis “Bank-Loan Funds Could Be An Answer Now” Lou Stanasolovich commented why bank loan funds also known as prime rate funds make sense now for the fixed income portion of one’s portfolio and how they protect against rising interest rates. -------------------------------------------------------------------------------- May 16, 2002 mPowercafe.com Brenda Watson Newmann “Avoid These Common 403 (b)loopers” Lou Stanasolovich described certain pitfalls to avoid when dealing with 403(b) plans. -------------------------------------------------------------------------------- May 13, 2002 Brill.com Marla Brill “What Exactly Does Growth And Income Mean?” Lou Stanasolovich reviewed the term growth and income and designed a proposed portfolio of mutual funds to generate income. -------------------------------------------------------------------------------- May 9, 2002 Dow Jones Interactive Lynn Cowan “Some Financial Planners Aren’t Sold On Separate Accounts” Lou Stanasolovich commented on the utilization and misconception of separate accounts. -------------------------------------------------------------------------------- May, 2002 Financial Advisor Ray Fazzi “Anxiety Attack” Lou Stanasolovich stated that many investors especially those participating in 401(k) plans, now realize they need more training in investing and professional advisors to train them. Educational seminars are a good way to do so, but many 401(k) plans may be the biggest problem of all. Too often, plans offer too few investment options as well as ones that are very similar to one another, especially in the large cap area to save administrative costs. -------------------------------------------------------------------------------- May, 2002 Senior Market Advisor Editor “It’s Miller Time” Diane Pearson participated with a team of experts and gave advice regarding a couple’s estate planning needs. -------------------------------------------------------------------------------- May, 2002 Investment Advisor Melanie Waddell “Capitol Punishment?” Lou Stanasolovich discussed adequacy of the Securities and Exchange Commission (SEC) ADV form II and what implications the National Association of Securities Dealers Regulation (NASDR) plans could have on advisors. -------------------------------------------------------------------------------- April 29, 2002 CBS.MarketWatch.com Justin Wiser “The Shortcoming Of S&P 500 Funds Mega-Company Bias Deflates Returns, Even Long Term” Lou Stanasolovich commented on capitalization weighted S&P 500 funds and why investors are buying yesterday’s news. Stanasolovich instead suggests buying an equally-weighted S&P 500 index fund. -------------------------------------------------------------------------------- April 29, 2002 CBS Radio wbbm780.com Kris Kridel and Keith Johnson “Monday’s Stock Picks” Lou Stanasolovich selected two stocks, SL Green Realty Corporation and L-3 Communications Holdings as stocks to buy now -------------------------------------------------------------------------------- April 23, 2002 Brill.com Marla Brill “Is There An Age Requirement For Buying Mutual Funds?” Lou Stanasolovich answered a question about age requirements for buying mutual funds. In effect, there are none. -------------------------------------------------------------------------------- April 11, 2002 CNBC Liz Claman Carl Quintanilla The Television Program - “Wake Up Call” Lou Stanasolovich commented on what would be worth buying into at this time, namely REITs, small and mid cap stocks, and hedge-like investments to provide steady returns. -------------------------------------------------------------------------------- April 8, 2002 Pittsburgh Post-Gazette Bill Flanagan “Check, Double-Check Tax Forms” Jim Holtzman reminded taxpayers to review all W-2s or 1099s for errors and what to do if they should occur. -------------------------------------------------------------------------------- April 5, 2002 CBS Radio wbbm780.com Kris Kridel and Sherman Kaplan “Friday’s Stock Picks” Diane Pearson recommended two stocks, Pepsi Bottling (PBG) and Kilroy Realty (KRC) as stocks to buy now. -------------------------------------------------------------------------------- April 1, 2002 Investment News Dave Hoffman “Turner Is Staffing Up To Roll Out 2 Small-Caps” Lou Stanasolovich discussed Turner and their ethical attitude towards shareholders. -------------------------------------------------------------------------------- March 26, 2002 CNNfn Kathleen Hays Bruce Francis The Television Program - “Money & Markets” Lou Stanasolovich commented on how to build a truly diversified portfolio through giving the audience expert advice about developing a portfolio with lower volatility, yet with market-like returns -------------------------------------------------------------------------------- March 18, 2002 Investment News Dave Hoffman “Input By Advisers Now Is A Hot Commodity” Lou Stanasolovich commented about how big brokerage firms have, in the past, attempted to get cozy with advisors in an effort to have them sell their products. -------------------------------------------------------------------------------- March 12, 2002 Brill.com Marla Brill “Is There A Recommended Number Of Funds A Person Should Own?” Lou Stanasolovich responded to a question stating what the average investor frequently has six or more mutual funds, yet is not diversified because the funds own similar securities. -------------------------------------------------------------------------------- March 7, 2002 Brill.com Marla Brill “Does Having A 401(k) Affect My Ability To Contribute To A Roth IRA?” Lou Stanasolovich addressed how 401(k) contributions affect Roth IRA contributions if they are made in the same year. -------------------------------------------------------------------------------- March 5, 2002 Financial Planning Interactive Laurie Kulikowski “TD Waterhouse Unveils Private Foundations For The Masses” Lou Stanasolovich discussed the types of clients and their expectations of the types of services they should receive when they have philanthropic goals. -------------------------------------------------------------------------------- March 4, 2002 Investment News Frederick Gabriel “Morningstar To Ink Finer Line On Funds” Lou Stanasolovich commented on Morningstar’s new method of classifying mutual funds as either growth or value. -------------------------------------------------------------------------------- March, 2002 Bloomberg Wealth Manager David Drucker “When I Talk To Other Advisers, They Say They Back Up On A CD-But Where Are Their Backup Computers?” Lou Stanasolovich discussed Legend’s methods of safeguarding our computer system’s data. -------------------------------------------------------------------------------- March, 2002 Bloomberg Wealth Manager David Drucker “Working Capital” Lou Stanasolovich described the staff training process at Legend Financial Advisors, Inc. -------------------------------------------------------------------------------- March, 2002 Investment Advisor Melanie Waddell “Taking Off” Lou Stanasolovich commented on how Legend uses outsourcing services to add their profitability of Legend as well as their clients. -------------------------------------------------------------------------------- February 25, 2002 Brill.com Marla Brill “What’s A Reasonable Fund Expense Ratio?” Lou Stanasolovich explained how distributions from mutual funds affect the cost basis of a fund. -------------------------------------------------------------------------------- February 18, 2002 Investment News Frederick Gabriel “For Investors, ‘Enronitis’ Brings Temporary Sneezing” Diane Pearson commented on the risks of owning too much (more than 5%) in company stock within a 401(k) plan. -------------------------------------------------------------------------------- February 13, 2002 Brill.com Marla Brill “Do Distributions Affect the Cost Basis Of The Fund?” Lou Stanasolovich discussed how to calculate the cost basis of mutual funds. -------------------------------------------------------------------------------- February 11, 2002 CBS Radio Wbbm780.com Kris Kridel & Sherman Kaplan “Monday’s Stock Picks” Lou Stanasolovich selected two stocks, Computer Associates (CA) and Pepsi Bottling (PBG) as stocks to buy now. -------------------------------------------------------------------------------- February 6, 2002 Pittsburgh Post Gazette Bill Flanagan “Penalty-Free Marriage” Jim Holtzman discussed how the marriage tax penalty becomes smaller over the next few years. -------------------------------------------------------------------------------- February 5, 2002 Brill.com Marla Brill “Do High-Return Funds Show Market Efficiency?” Lou Stanasolovich questioned the wisdom of chasing high return mutual funds after a big performance year. -------------------------------------------------------------------------------- February 5, 2002 Pittsburgh Post Gazette Bill Flanagan “Nursing Home Concerns” Lou Stanasolovich commented on for-profit nursing homes and how patients receive poorer care than non-profit nursing homes. -------------------------------------------------------------------------------- January 28, 2002 Reuters Clint Willis “Funds: Avoiding Mutual-Fund Mistakes” Lou Stanasolovich discussed mutual fund investing mistakes. -------------------------------------------------------------------------------- January 28, 2002 Investment News Dave Hoffman “Zero-Fee Annuity Has Plenty Of Catches” Diane Pearson commented on a new no-fee annuity and its usefulness for Legend’s clients, especially with regard to the payout phase. -------------------------------------------------------------------------------- January 28, 2002 Brill.com Marla Brill “Should I Invest In An Emerging Market Fund?” Lou Stanasolovich discussed PIMCO Emerging Markets Fund as the best offering in this area of investment. -------------------------------------------------------------------------------- January 20, 2002 Brill.com Marla Brill “How Can I Earn a Six to Nine Percent Return On My Investments? Lou Stanasolovich said that a 6 to 9 percent return on investment is reasonable over the long run (over ten years) but do not expect such returns year in and year out for the financial markets fluctuate up and down. -------------------------------------------------------------------------------- January 13, 2002 Brill.com Marla Brill “How Do Fund Redemptions Work?” Lou Stanasolovich discussed the different methods of redeeming mutual funds. -------------------------------------------------------------------------------- January, 2002 North Hills Monthly Magazine Editor “Is It Possible To Be Too Diversified?” Lou Stanasolovich described how to build a portfolio with substantially lower volatility, yet will provide market-beating returns over long periods. -------------------------------------------------------------------------------- January, 2002 North Hills Monthly Magazine Amanda Lynch “Planning For Your Child’s Higher Education” Diane Pearson described the various pros and cons of the differing methods of funding higher education. -------------------------------------------------------------------------------- December 30, 2001 Brill.com Marla Brill “Is There An Advantage To Closed-End Funds?” Lou Stanasolovich discussed the pros and cons to purchasing a closed-end fund versus an open-end mutual fund. -------------------------------------------------------------------------------- December 6, 2001 The Wall Street Journal Jeff D. Opdyke “Term-Life Insurance Looks Even Better After Sept. 11” Diane Pearson described the advantages of using Term Life Insurance over other cash-value life insurance products. -------------------------------------------------------------------------------- December, 2001 Ticker Kristen Rosen “Ask The Advisor – Estate Planning And 529 Plans” Diane Pearson described the advantages and disadvantages of 529 plans. -------------------------------------------------------------------------------- November 26, 2001 Pittsburgh Post Gazette Len Boselovic “Heard Off The Street: When Buying Mutual Funds, It’s Wise To Know Your ABC’s” Lou Stanasolovich described the pros and cons of various mutual fund share classes. -------------------------------------------------------------------------------- November 21, 2001 The Wall Street Journal Georgette Jasen “Amateurs Best Pros In Stock Picking Rivalry” Lou Stanasolovich was chosen to participate among a panel of experts against the daunted investment dartboard. Lou chose IndyMac Bancorp (NDE) as the stock that would perform the best over the next six months. -------------------------------------------------------------------------------- November 19, 2001 Investment News Dave Hoffman “Small Cap Value Keeps Going And Going” Lou Stanasolovich commented on the pros and cons of selecting small cap value funds that already appreciated substantially. -------------------------------------------------------------------------------- November 18, 2001 Brill.com Marla Brill “Can I Roll My IRA Into A New 401(k) Plan?” Lou Stanasolovich explained the dangers of rolling together the wrong types of IRAs. -------------------------------------------------------------------------------- November 17, 2001 Brill.com Marla Brill “Hopscotch Can Be Costly When It Comes To Mutual Funds” Lou Stanasolovich commented on the fact that many investors own virtually identical funds for too often rather than truly diversifying. -------------------------------------------------------------------------------- November 4, 2001 Brill.com Marla Brill “What Can I Do To Salvage My 457 Plan Investments?” Lou Stanasolovich explained that unfortunately, many retirement plans that sponsor 401(k)s, 403(b)s and 457 plans offer too few investment options and the underlying investments will overlap each other. -------------------------------------------------------------------------------- November, 2001 The Physician’s Personal Advisory Lou Pilla Peering Behind “Window Dressing” Lou Stanasolovich discussed window dressing and how it really doesn’t matter, as long as there is good performance. -------------------------------------------------------------------------------- October 29, 2001 Investment News Dave Hoffman “Janus Woes Weigh On Stilwell” Lou Stanasolovich commented that he is not concerned with Janus’s financial situation, but thinks twice about investing because most of their portfolios overlap their holdings. -------------------------------------------------------------------------------- October 22, 2001 Pittsburgh Post Gazette Diane Pearson “Market Monday” Diane Pearson described what investments Legend is recommending to its clients. -------------------------------------------------------------------------------- October 14, 2001 Brill.com Marla Brill “In Which Money Market Fund Should I Place The Proceeds Of My Mortgage Refinancing?” Lou Stanasolovich recommended Vanguard’s money market funds because they typically are among the better paying money market funds due primarily to their low expense ratio and yet have high quality underlying investments. -------------------------------------------------------------------------------- October 12, 2001 MorningstarAdvisor.com Joel P. Bruckenstein “Prudent Steps For Data Protection” Lou Stanasolovich described the process at Legend Financial Advisors, Inc. to protect client data including offsite storage. -------------------------------------------------------------------------------- October 11, 2001 Insight Magazine Online Joan E. Lisante “Webbed Competitor” Lou Stanasolovich stated that Legend has been looking for ways to ease the burden and construct custom solutions for clients by using the Web for convenience, newsletters and briefs to keep clients informed. -------------------------------------------------------------------------------- October 8, 2001 Investment News Sara Hansard “Credit Shelter Trusts Get A Boost From Tax Law Changes” Diane Pearson stated that Legend is strongly recommending the use of credit shelter trusts. It has become a very popular thing over the last four years. -------------------------------------------------------------------------------- October 8, 2001 Investment News Dave Hoffman “Money Fund Pioneer: Not All Changes Positive” Lou Stanasolovich commented on the history behind the money market funds. -------------------------------------------------------------------------------- October 1, 2001 Investment News Dave Hoffman “Generally We Are Looking At Making A Three-, Five-, Or Seven-Year Investment” Lou Stanasolovich commented on the legendary manager, Marty Whitman, his protégés and his Third Avenue Value funds. -------------------------------------------------------------------------------- October, 2001 Financial Advisor Magazine Dorothy Hinchcliff “Part Art, Part Science” Lou Stanasolovich provided his opinion that the financial advisory business as a whole may eventually move away from asset-base fees to flat fees or net worth based fees. -------------------------------------------------------------------------------- October, 2001 NAPFA Advisor Mimi Lord “After-Tax Reporting Starts Gaining Ground” Lou Stanasolovich discussed reporting after-tax results for clients. In summary, he states that most retail clients just don’t understand the factors that are involved in after-tax reporting and may be confused by the generally lower performance results. -------------------------------------------------------------------------------- September 30, 2001 Brill.com Marla Brill “What Is Meant By Mutual Fund “Capital Gain Reinvestment”?” Lou Stanasolovich states that mutual fund capital gain and dividend reinvestment sounds like a simple concept, but is actually very complicated to explain. Stanasolovich goes on to explain the basics of mutual funds and options regarding capital gains and their reinvestment. -------------------------------------------------------------------------------- September 9, 2001 Brill.com Marla Brill “Am I Sufficiently Diversified?” Lou Stanasolovich suggested that sticking to major investment styles or major asset classes, such as international funds, real estate or any type of hedge investment (non-correlated pattern of movement to domestic equity investments) is critical to long-term performance. -------------------------------------------------------------------------------- September 10, 2001 Investment News Dave Hoffman “Top Down Manager Sees Bottom” Lou Stanasolovich stated that investors should stay with their investment in the Muhlenkamp fund even though it has suffered losses recently. -------------------------------------------------------------------------------- September 10, 2001 Investment News Renata Lerner “A Stock Car Fund Takes The Lead” Lou Stanasolovich stated that it may make sense for a Stock-Car racing enthusiast to invest a small portion of their money into the Conseco Stock-Car Stocks Index Fund. -------------------------------------------------------------------------------- September, 2001 Practical Accountant Jeff Stimpson “Charitable Private Foundations? The Charitable Private Foundation Works For A Select Few” Lou Stanasolovich described what benefits can be derived from the creator of a private foundation. -------------------------------------------------------------------------------- ©2004 Legend Financial Advisors, Inc.®. 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