Steven Braun

Newfound Research LLC (Newfound) is an independent registered investment advisor headquartered in Wellesley Hills, Massachusetts. The firm was co-founded by Thomas Rosedale and Corey Hoffstein in 2008. Newfound creates and manages rule-based, quantitative investment strategies. They serve as the adviser to a mutual fund and sub-adviser and model manager for other investment strategies and indices. Their clients include an open-end mutual fund, registered investment advisers, broker-dealers and other asset management firms and financial intermediaries.

Frontier Asset Management LLC (Frontier) is a privately-held, SEC-registered investment advisor headquartered in Sheridan, Wyoming. The firm was founded in 2000 by Gary Miller and Robert Miller. Frontier manages taxable and non-taxable accounts for affluent individuals and retirement accounts such as 401(k) and profit-sharing plans. They also provide investment management and consulting services to financial advisors and institutional clients, including endowments, foundations, corporations and other investment advisory organizations.