SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Niemann Capital Management (NCM) has appointed Scott Freund as Chief Financial Officer of the innovative tactical asset management firm, where he is responsible for all financial operations, and oversight of human resources and accounting functions related to NCM’s investment management, Online Advisors and Niemann Analytics operations.
In making the announcement, Richard West, Chief Compliance Officer of NCM, stated, “Scott’s extensive financial experience is an outstanding and valuable asset for Niemann, particularly as we embark on several strategic initiatives and planned new products.”
Freund has more than 30 years of financial experience encompassing corporate reporting, budgetary control and managing accounting functions. He previously served with Lincoln Educational Services Corporation as Campus Vice President of Operations, which included finance and operations management. In addition, Freund was Vice President and Chief Financial Officer of the New England Institute of Technology prior to its acquisition by Lincoln.
A Certified Public Accountant, Freund holds a BA degree in business administration from Western Michigan University.
About Niemann Capital Management
Founded in 1991, Niemann Capital Management (NCM) is an innovative investment management firm distinguished by its tactical asset allocation methodology, as characterized by its corporate tagline: Don’t just allocate. Rotate. ® The firm’s proprietary, disciplined process is based on continuous daily analysis of current market conditions, designed to seek the greatest potential return with the least possible risk for investors.
With preservation of capital as the cornerstone of its philosophy, NCM offers a range of conservative, moderate and aggressive Managed Account strategies that utilize mutual funds and exchange traded funds. The firm currently has approximately $1.2 billion in assets. NCM is based in Scotts Valley, California.
NCM offers its portfolios to advisors on the TD Ameritrade Institutional, Schwab Institutional, Pershing Advisor Solutions and numerous broker dealer platforms. NCM’s core strategies are available directly on the Fidelity Institutional Brokerage and the Charles Schwab Institutional platforms.
For further information about Niemann Capital Management’s complete suite of investment products, visit the firm’s website at www.ncm.net or contact a sales representative toll-free at 877.643.6222.