Monness Crespi Hardt

Monness, Crespi, Hardt & Co., Inc. is a boutique equity research and trading firm established in 1964. The clients are exclusively investors, not issuing corporations. The firm's goal is to provide independent equity research for select institutional clients. Proprietary research is generated by an in-house team of analysts employing a fundamental approach to identifying undervalued or under-covered special situations regardless of size. Trading operations are geared to execute any and all orders up to and including large, difficult trades. The hallmark is service. The firm's goal is to execute orders in an expeditious, professional and intuitive manner within the confines of client direction. The firm does not compete with clients. Monness, Crespi, Hardt & Co., Inc. acts as agent on every trade. There is no proprietary trading, no market making and no investment banking. The firm clears through Goldman Sachs & Co. on a fully disclosed basis.