Leonard Armstrong is the founder of the Armstrong Group, a team within the Private Banking and Investment Group at Merrill Lynch. Leonard advises private and institutional clients about a range of financial needs and develops customized strategies to advance their goals. He has particular depth in investment manager evaluation and implementation. Leonard joined Merrill Lynch in 1970 and has spent his entire career with the Firm. He is the former director and president of the Investment Management Consultants Association (IMCA®) and currently serves as Director Emeritus. For more than ten years, he led courses on Investment Policy Statements for IMCA at the Wharton School. Leonard