Cumberland Advisors - Market Commentary

		One Sarasota Tower 2 N. Tamiami Trail, Suite 303 Sarasota, FL 34236 614 E. Landis Ave, Vineland, NJ 08360 (800) 257-7013
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Cumberland Advisors Announces Growth and Expansion with Florida Office
November 24, 2009 David Kotok, Chairman & Chief Investment Officer

Vineland, NJ – Cumberland Advisors, based in Vineland, New Jersey, announced its expansion with the opening of an office in Sarasota, Florida. Two years of record growth and the growing number of Florida clients prompted the office expansion. “Our firm has had two years of record growth, is at an all-time high in employment and much of the growth occurs in Florida and other states. We will be in both the New Jersey location and the Florida location with staff and functions in each,” said David Kotok, Chairman and Chief Investment Officer.

Beginning January 1, 2010, Cumberland Advisors will open the Florida office to better serve its Southeast U.S. and national clients. Contrary to media reports, the firm will also continue to operate its Vineland, New Jersey office to serve its many New Jersey, Pennsylvania, and New York clients and to further grow its East Coast business. The firm has clients in 43 states and several countries.

Cumberland Advisors has developed a national and international reputation for financial market expertise and independence. The firm manages $1.3 billion in separate accounts for both fixed income and equity accounts (using only ETFs). In addition to individual portfolios, Cumberland Advisors also consults for institutional clients on portfolio specifics and macroeconomic and financial market strategies. The firm’s largest institutional client is a $70 billion pension system and its largest single institutional portfolio is over $500 million.

For additional information, contact Michael McNiven at (856) 305-8576.

ABOUT CUMBERLAND ADVISORS - Cumberland Advisors is an independent, dedicated fee-for-service only asset manager. With an office in Vineland, New Jersey and another in Sarasota, Florida beginning January 1, 2010, Cumberland manages over $1.3 billion in fixed income and equity portfolio assets for individuals, institutions, retirement plans, government entities, and cash management portfolios. Since 1973, Cumberland has emphasized long-lasting relationships, individual accounts, and continuous personalized discussion among clients, their consultants, tax advisors, and the firm. Cumberland AdvisorsSM is registered with the SEC under the Investment Advisors Act of 1940.

CONTACT:
Michael McNiven, VP & Investment Advisor Representative
Cumberland Advisors
Phone: (856) 305-8576
FAX: (856) 794-9113
Email: michael.mcniven@cumber.com
www.cumber.com

Cumberland Advisors^SM is registered with the SEC under the Investment Advisors Act of 1940. All information contained herein is for informational purposes only and does not constitute a solicitation or offer to sell securities or investment advisory services. Such an offer can only be made in states and/or international jurisdictions where Cumberland Advisors is either registered or is a Notice Filer or where an exemption from such registration or filing is available. New accounts will not be accepted unless and until all local regulations have been satisfied. This presentation does not purport to be a complete description of our performance or investment services.

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For a list of all equity recommendations for the past year, please contact Therese Pantalione at 856-692-6690,ext. 315. It is not our intention to state or imply in any manner that past results and profitability is an indication of future performance. All material presented is compiled from sources believed to be reliable. However, accuracy cannot be guaranteed.