Kelly McNulty

Vice President, Chief Compliance Officer, Chief Financial Officer

Kelly has over 26 years of industry experience. Prior to joining NCG in April 2002, she spent 7 years with Paladin Investments (formerly Investment Advisers, Inc.) as Associate Vice President of Operations overseeing institutional accounts and mutual funds. Previous to Paladin, Kelly held various positions at Piper Jaffray. Kelly received her MBA in Finance in May 2002 from the University of St. Thomas and she received her BA in Accounting and Finance from Creighton University in 1992.

Joseph Grundfeldt

Trader

Joe has 22 years of investment industry experience. Prior to joining NCG in February 2004, Joe spent over 8 years with American Express Financial Advisors. Joe held various positions at American Express including brokerage product development and equity trader. Joe received his B.S. in Economics and Finance from St. Cloud State University in 1994. Joe is a member and past president of the Minnesota Security Dealers Association.

Gina Nelson

Operations

Gina joined NCG in February 1999. Prior to joining NCG Gina spent five years at Merrill Lynch & Co. functioning as a client associate as well as a meeting planning and seminar coordinator. She also spent one year at Jundt Associates, Inc., as an assistant trader. Gina holds a B.A. degree from the University of Wisconsin – Stout.