William D. Proper, C.P.A. In 1967, Bill Proper received his Bachelor of Science degree in Business Administration from Miami University, where he majored in accounting. As a Certified Public Accountant, he joined the audit staff of Ernst & Ernst and worked there until 1971, when he left to join Laks & Wynbrandt. At Laks & Wyndbrandt, which became Laks & Proper when he became a partner, he was responsible for total client service to a variety of corporate and individual accounts. While working at Laks & Proper, Bill received his Doctorate of Jurisprudence degree from the Cleveland State University Marshall College of Law. Although Bill is not engaged in the practice of law, the firm's investment management clients benefit from his extensive knowledge of taxation, ERISA retirement regulations, and estate planning considerations.

Anne P. Ogan, C.F.A. Anne Ogan received her Bachelor of Arts degree in economics from Radcliffe College in Harvard University in 1969. Since then,  she has been continously employed in  Cleveland's professional investment community. Her experience began with research positions at Union Commerce Bank and Ball, Burge & Kraus. She held institutional sales positions at two leading New York institutional firms, Salomon Brothers and First Boston Corporation. As Vice President at First Boston from 1979 to 1988, Anne was an equities specialist when that firm's research department consistently topped the rankings in the prestigious Institutional Investor All-Star polls. In 1990, Anne became a managing director of McDonald & Company where she had served as director of research since 1988. She was also a member of the investment policy committee. A Chartered Financial Analyst, Mrs. Ogan served on the Executive Committee of the Cleveland Society of Security Analysts for 15 years and was the organization's president in 1987-1988.