Matt Humiston is responsible for running the day-to-day operations of AMI. When Mr. Humiston joined the firm in 2000, he and Bill Tanner formulated the investment process that AMI uses today. He oversees the portfolio management trading and reporting operations. Prior to joining AMI, Mr. Humiston worked at internet startup Pop.com and at Brillstein-Grey Entertainment. He earned a Bachelor of Arts in Economics degree from the University of California, Santa Barbara. He also received a professional designation in Personal Financial Planning (PFP) at the University of California, Los Angeles in 2005. Mr. Humiston is a shareholder of the firm.
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After closing at a record high yesterday, the Standard & Poor's 500 stock index dropped about seven-tenths of 1% today. The index returned 5.2% in April -- more than five times the monthly gain stocks averaged for nine decades.