Markus Walliser, Executive Consultant

Mr. Walliser heads INVESTORS CONSULTING a money management consulting firm focused on high-net worth individuals and based in Basel, Switzerland. Prior to establishing his own firm he was a senior executive and member of the Executive Board with major Swiss banks in charge of private banking, money management and investment banking. He held such senior positions with the Cantonal Bank of Bern, Bank CIAL, UBS, Cantonal Bank of Basel and Credit Suisse. Mr. Walliser has been on the board of supervisory bodies and business organizations in Switzerland, London and Luxembourg during the course of his career. Mr. Walliser graduated with a law degree from the University of Zurich, Switzerland.

INVESTORS CONSULTING and FS Associates, Inc. have established an alliance in order to offer comprehensive investment management consulting to high-net worth individuals and smaller pension funds. The services encompass establishing an investment policy statement, selecting money managers to implement the policies, providing ongoing due-diligence and monitor the clients' objectives.