Contact: Scott D. Roulston
Fairport Asset Management, LLC
(216) 431-3840
scott.roulston@fairportasset.com
  

FAIRPORT ASSET MANAGEMENT ADDS CLIENT TEAM LEADERS AND SUPPORT

CLEVELAND, OH (August 9, 2006) – Fairport Asset Management, LLC announced today the hiring of professionals who will advise and support its client service teams that provide comprehensive wealth management services to high-net worth clients and their families.

The following are now advising and facilitating wealth management for Fairport’s client service teams:

Mary W. Farrell joins as a Consultant. A certified financial planner, she was previously a registered investment advisor for Charles Schwab. She has nearly 15 years of experience that includes client service with Prudential and Mellon Bank. The Shaker Heights resident holds a masters degree in international affairs from the University of Pittsburgh and is a Kenyon College graduate.

Jeffrey A. Lucas returns as a Consultant. He interned with Fairport before starting his asset management career nearly ten years ago. Since then he gained client service and asset management experience at McDonald Investments and most recently Frye Financial Center in Aventura, Florida. He is a Cleveland State University graduate.

The following are new hires who are supporting client teams and Fairport operations:

Dennis A. Docktor joins as Accountant. His experiences include serving as an auditor and accountant for Charter One Bank and work at Hobe & Lucas as a certified public accountant. Before starting a career in accounting, he was a chemist for ten years at Ferro Corporation. The Parma resident holds a certificate in accounting from Baldwin Wallace College and is a Cleveland State University graduate.

Lorrayne A. Jennings joins as Client Service Manager. She has more than 15
years experience in financial services and investment industry office management and investor relations with Clarion Capital, TRIP Investment Partners and Mass Mutual. She holds securities and insurance licenses and is active with civic groups and on the boards of trustees of nonprofit organizations.

Carol L. Duke joins as Receptionist and Administrative Assistant. Previously, she was a Client Service Representative for Northpak Container. Her experiences include nearly 15 years of successive roles at Automatic Data Processing. The Garfield Heights resident is a Kent State University graduate.

Erin M. Fleming joins as Client Service Representative. Her 15 years of experiences include roles as a supervisor and customer service representative. The Cleveland resident has attended Ohio State University and Cuyahoga Community College.
 
About Fairport Asset Management, LLC
Fairport Asset Management, LLC (www.fairportasset.com) provides the high-net worth community with a broad range of wealth management services, with investment management as a core expertise. Fairport was founded in 2001 following the merger of Roulston & Co. and The Hickory Group. It was named recently as one of the nation’s Best-Managed Firms by Schwab Institutional for recruiting and retaining top talent.*
•  •  •

*The Best-Managed Firms were selected from 464 participants in the Financial Planning Association 2005 FPA Compensation and Staffing Study conducted by Moss Adams LLP. Of those participants, the 283 firms that generated at least 75% of their revenues in fiscal year 2004 from fees were considered for Schwab’s Best-Managed Firms list.

Moss Adams LLP is not affiliated with or employed by Charles Schwab & Co., Inc. The Report is for general informational purposes only and is not intended to provide specific financial, accounting or legal advice. Schwab makes no representations about the accuracy of the information in the document or its appropriateness for any given situation.