Narwhal Capital Management

Narwhal Capital Management Announces First Annual Charity Golf Tournament

ATLANTA (February 3, 2012) – Narwhal Capital Management (www.narwhalcapital.com) recently announced details regarding its First Annual Charity Golf Tournament.

Narwhal Capital Management Co-Founder and Executive Vice President MacArther “Mac” Plumart has organized the tournament to showcase different charities. The tournament will take place over four rounds of golf coinciding with each of the four PGA major championships.

The first round of the tournament will be held on April 3rd at Rivermont Country Club in John’s Creek, GA and will showcase the Shepherd Center’s dedication to spinal cord and brain injury rehabilitation. The second round will be held at East Lake Golf Club in Atlanta, GA on June 14th and will allow participants to learn more about the East Lake Foundation. The third round will be hosted by the Golf Club of Georgia in Atlanta On July 19th and will serve to further introduce participants to The First Tee of Atlanta. The fourth and final round will be held at Dismal River Golf Club in Mullen, NE on August 10th and 11th and will offer a symposium for charitably-inclined golfers.

The only requirement for participation is a charitable donation and participation in one round does not mandate a commitment to all four rounds. Tournament scoring will be influenced both by golf scores and charitable donations with the winner and runner-up earning the right to assign a portion of the funds raised to the charitable organization of their own choosing.
For more information on the Tournament or to express interest please contact Andrew Hall (ahall@narwhalcapital.com) or Mac Plumart (mplumart@narwhalcapital.com).

About Narwhal Capital Management

Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

Contacts
Andrew Hall
Narwhal Capital Management
770-344-0172
ahall@narwhalcapital.com
www.narwhalcapital.com

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For the past 18 years, Narwhal Capital Management has delivered significant performance to institutions and individuals.

Narwhal Capital Management Releases Fourth Quarter 2011 Analysis of Capital Markets

ATLANTA (January 18, 2012) – Narwhal Capital Management (www.narwhalcapital.com) today announced the release of its fourth quarter report on the status and outlook for the capital markets.

Narwhal Capital Management Co-Founder and Executive Vice President MacArther “Mac” Plumart sees many similarities between our current market environment and the early1980’s, specifically low valuations, pessimistic feelings, commodities in focus, and growth concerns.

While Narwhal Capital Management Co-Founder and President Matt Burton identifies the specific reason for investor fatigue and he discusses the conflicting feelings investors face entering 2012.

“…the temptation we face when tired is one of two extremes: either throw in the towel or risk it all on some long shot – staying disciplined takes energy. We will continue a measured, conservative, disciplined approach to 2012. We intend on staying diversified in multiple asset classes for most clients – equities, bonds, cash, and gold. We resolve to fight the temptation, to fight the good fight.”

Since 2005, Narwhal Capital Management has compiled original research into periodical reports for its clients. Past topics include macro-economic predictions, market valuations, sector analysis and individual company analyses and recommendations.

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

Contacts
Andrew Hall
Narwhal Capital Management
770-344-0172
ahall@narwhalcapital.com
www.narwhalcapital.com

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For the past 18 years, Narwhal Capital Management has delivered significant performance to institutions and individuals.

Narwhal Capital Management Co-Founder and President Matt Burton discusses Martin Marietta Materials Inc.’s bid for Vulcan Materials Co., the largest American producer of crushed stone, online at Bloomberg.com.

Entitled “Vulcan Seen Squeezing $1 Billion More Out of Richest Cement Deal: Real M&A,” the December 14, 2011, article can be found online at http://www.bloomberg.com/news/2011-12-14/vulcan-seen-squeezing-1-billion-more-out-of-richest-cement-deal-real-m-a.html.

 A PDF version of the article can be found here.

Narwhal Capital Management Co-Founder and President Matt Burton is quoted at length in the November 11 – 17, 2011, edition of the Atlanta Business Chronicle. Entitled “Regional banks working to clean their books,” the article includes commentary from Burton on third quarter earnings reports at Georgia’s largest banks. A PDF version of the article can be found here.

Narwhal Capital Management Releases Third Quarter Analysis of Capital Markets

ATLANTA (October 17, 2011) – Narwhal Capital Management (www.narwhalcapital.com) today announced the release of its third quarter report on the status and outlook for the capital markets.

Narwhal Capital Management Co-Founder and Executive Vice President MacArther “Mac” Plumart believes that in the midst of so much economic turmoil, the only thing we can be certain of is uncertainty.

“We anticipate more volatility in the markets until political resolutions are squared away, which should set the framework for businesses to operate,” Plumart explains. “This framework should prove to be the key to restoring confidence, business spending, and employment gains. Without it, we will slosh around like a rudderless boat in a sea of uncertainty.”

According to Plumart, the whole problem is based on the fact that we are in uncharted territory, especially since there are not any test cases to guide America through how to manage all of the recent bailouts given by sovereign entities.

Many of our political and economic leaders act and speak with such certainty from the rest of us mere mortals even though we are all really certain of nothing,” adds Narwhal Co-Founder and President, Matthew D. Burton.

Burton maintains that the best strategy in today’s economic environment is “to research and confirm, and shift slightly one way or the other, hoping for the best, but planning for the worst.”

Plumart concludes, “Before corporate leaders can begin to formulate their forward-looking strategies, they need to know what healthcare mandates, taxes and interest rates are going to look like. The key to getting this economy turned around is to have our world leaders simply lay out a framework that highly profitable corporations can operate from.”

Since 2005, Narwhal Capital Management has compiled original research into periodical reports for its clients. Past topics include macro-economic predictions, market valuations, sector analysis and individual company analyses and recommendations.

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contacts
Andrew Hall
Narwhal Capital Management
770.344.0172
ahall@narwhalcapital.com
www.narwhalcapital.com

Narwhal Capital Management Co-Founder and Executive Vice President Mac Plumart is featured in the Atlanta Business Chronicle’s September 30, 2011, Executive Profile section. A PDF of the profile can be found here.

The National Association of Board Certified Advisory Practices lists Narwhal Capital Management as one of the top practices in the Atlanta area in the Atlanta Business Chronicle’s inaugural Top Wealth Managers edition. Narwhal Capital has approximately $414 million assets under management.

Narwhal Capital Management Co-Founder and President Matt Burton provides thoughts on the risks associated with margin loans in the July 14, 2011, edition of Fidelity Active Trader News. Entitled “Borrowing on margin: risks and rewards,” the article can be found online at https://guidance.fidelity.com/viewpoints/borrowing-on-margin. A PDF version of the article can be found here.

Narwhal Capital Management Co-Founder and Executive Vice President Mac Plumart is quoted at length in the July 22 – 28, 2011, edition of the Atlanta Business Chronicle. Entitled “Second-quarter profits expected to be strong,” the article includes Plumart’s perspective on Georgia-based companies’ second quarter earnings. A PDF version of the article can be found here.

Commentary from Mac Plumart regarding Morgan Stanley’s second quarter earnings report appears online at Reuters.com.  Entitled “Morgan Stanley set for Q2 loss,” the article was posted July 21, 2011.  A PDF version of the article may be viewed here.

Narwhal Capital Management Releases
Second Quarter Analysis of Capital Markets

ATLANTA (July 19, 2011) – Narwhal Capital Management (www.narwhalcapital.com) today announced the release of its second quarter report on the status and outlook for the capital markets.

Narwhal Capital Management Co-Founder and Executive Vice President MacArther “Mac” Plumart is encouraged by the fact that the S&P 500 continues to maintain a positive position for the year, despite a seemingly unstable quarter.

Although the market currently lacks the investor confidence Plumart thinks is necessary for improvement, he believes the average increase of event-based stimuli this year could be the catalyst that creates growth.

“Stimulus and liquidity is driving the market,” Plumart says. “Could we have another market-popping event? Yes. Raise the debt ceiling and take away the threat of a U.S. default and you should see a rise in the market, especially if earnings come in above expectations.”

“And with all this stimulus, it is hard to fathom earnings not being good,” he says. “We should get that answer very soon.”

Since 2005, Narwhal Capital Management has compiled original research into periodical reports for its clients. Past topics include macro-economic predictions, market valuations, sector analysis and individual company analyses and recommendations.

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contacts
Andrew Hall
Narwhal Capital Management
770.344.0172
ahall@narwhalcapital.com
www.narwhalcapital.com

Plumart Plays a China Card in His Insight on Industrials

Narwhal Capital Management
Principal Appears on Fidelity.com

ATLANTA (May 17, 2011) – What does Mac Plumart of Narwhal Capital Management say about industrials these days? His ideas and insights are on Fidelity.com in the Active Trader News section.

“If we get a significant new middle class buying products like radios and televisions in nations like China, look out,” Plumart says. “That’s great news for industrials.”

Plumart points to free cash flow as a primary indicator of a healthy industrial, whether it be a young company or a corporate titan.

“If you’re not generating free cash flow, then you’re one recession away from going out of business,” he says. “If you’re getting earnings but free cash flow is eroding, you have a big red flag that something is wrong.”

The difficulty in evaluating young industrial firms, Plumart notes, is that high debt levels and asset depreciation can distort earnings. Free cash flow then becomes a useful measure of a company’s flexibility to grow its business and weather the downturns.

As for the corporate industrials, Plumart explains that the market often overestimates the value of these companies because earnings don’t necessarily reflect improvements in operations.

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contact
Andrew Hall
Narwhal Capital Management
770.344.0172
ahall@narwhalcapital.com
www.narwhalcapital.com

Narwhal Capital Management Principal Mac Plumart shares ideas and insight for evaluating industrials in the May 9, 2011, edition of Fidelity Active Trader News. Entitled “Fundamentals: Introduction to valuing industrials,” the article can be found online at https://guidance.fidelity.com/viewpoints/valuing-industrials. A PDF version of the article can be found here.

Narwhal Capital Management Releases
First Quarter Analysis of Capital Markets

ATLANTA, (April 15, 2011) – Narwhal Capital Management (www.narwhalcapital.com) today announced the release of its first quarter report on the status and outlook for the capital markets.

Narwhal Capital Management Co-Founder and Executive Vice President MacArther “Mac” Plumart is encouraged by S&P 500’s first quarter gain of 5.9% on a total return basis, particularly in the wake of natural disasters, budget concerns and continued unemployment.

“Despite all this, there are signs the economy is looking better, and there is no doubt that these signs are what is driving the market” says Plumart.

According to the report, U.S. unemployment, which peaked at 10.1% in the 4^th quarter of 2009, now stands at 8.8%, banks are beginning to raise their dividends, and consumer sentiment, although still well below average, has rebounded from the lows it set in the 4^th quarter of 2008.

“I can see the reasons why the market has been moving higher,” he says. “However, I do not believe the coast is clear. Valuations on stocks are not cheap, inflationary pressures are building, and debt levels are high both on a governmental and personal level.”

Since 2005, Narwhal Capital Management has compiled original research into periodical reports for its clients. Past topics include macro-economic predictions, market valuations, sector analysis and individual company analyses and recommendations.

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contacts
Andrew Hall
Narwhal Capital Management
770.344.0172
ahall@narwhalcapital.com
www.narwhalcapital.com

Commentary from Mac Plumart on the health of consumer banking appears online at TheStreet.com. Entitled “Earnings Put Consumer Banking in the Shadow”, the article was posted January 28, 2011. A PDF version of the article may be viewed here.

Narwhal Capital Management Releases Fourth Quarter Analysis of Capital Markets

ATLANTA, (January 26, 2011) – Narwhal Capital Management (www.narwhalcapital.com) today announced the release of its fourth quarter report on the status and outlook for the capital markets.

Narwhal Capital Management Co-Founder and Executive Vice President MacArther “Mac” Plumart points to the S&P 500 Total Return Index year-to-date gain of 15.06% as a possible indicator of future market recovery. However, he remains cautious of the overall health of the capital markets.

“The S&P 500’s gain in 2010 is great news,” says Plumart. “But we must remain focused on the fact that a market and an economy that needs multiple bailouts, rescues and Quantitative Easing packages to thrive isn’t 100% healthy.”

According to the report, the institution of federal liquidity programs such as Quantitative Easing – which are often implemented to stem the deflationary spiral created by a recession – had a huge impact on the market upswing of 2010.

When these inflationary programs officially defeat the deflationary spiral, the Federal Reserve and Treasury will turn their attention to containing inflation in 2011, the report states.

“This fight against inflation will certainly have an impact on the market this year,” writes Plumart. “Employment, consumer spending and the housing market will all be key items to watch over the next few months.”

“And, as portfolio managers, our goal is to take advantage of as much of this inflationary wave as possible without sacrificing risk controls,” he says. “We must make sure our clients are optimally positioned to invest on the next pullback, which we hope will mark the beginning of the next secular bull market.”

Since 2005, Narwhal Capital Management has compiled original research into periodical reports for its clients. Past topics include macro-economic predictions, market valuations, sector analysis and individual company analyses and recommendations.

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contacts
Andrew Hall
Narwhal Capital Management
770.344.0172
ahall@narwhalcapital.com
www.narwhalcapital.com

Narwhal Capital Management Executive Named to
First Tee of Atlanta Board of Directors

Plumart Hopes to Pass on Life Experiences to Atlanta Youth

ATLANTA (December 16, 2010) – Narwhal Capital Management (www.narwhalcapital.com) today announced that Co-Founder and Executive Vice-President MacArther “Mac” Plumart has been appointed to The First Tee of Atlanta Board of Directors.

Plumart, age 38, co-founded Narwhal Capital Management, an independent investment advisory firm based in suburban Atlanta, in 2005. An avid golfer, he has written several articles on various aspects of the game. A collection of his articles, as well as personal stories and course reviews, can be found on his personal website, www.mrpgolf.com.

“I’m thrilled to be joining an organization that has had such a positive impact on the community,” said Plumart. “The First Tee of Atlanta has been tremendously successful in helping children develop as human beings, and I’m very excited to be a part of this process.”

“When I was first introduced to the game three years ago, I had no idea that it would have such a profound impact on my life,” he continued. “What will be even more rewarding will be to see these kids grow as a result of the game that has taught me so much.’

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

About The First Tee of Atlanta
The mission of The First Tee of Atlanta is to positively impact the lives of Atlanta’s young people by providing learning facilities and educational programs that promote character development and life-enhancing values through the game of golf. The First Tee of Atlanta was founded in 2000 and is a chapter of The First Tee, an international youth program created by the World Golf Foundation in 1997. It operates out of John A. White Park Golf Course located in Southwest Atlanta and offers instruction, equipment and facility access to all Atlanta children ages 7-17. The organization works to instill the Nine Core Values of The First Tee: honesty, integrity, sportsmanship, respect, confidence, responsibility, perseverance, courtesy and judgment.  For more information, visit www.thefirstteeatlanta.org.

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Contact
Andrew Hall
Narwhal Capital Management
770.344.0172
ahall@narwhalcapital.com
www.narwhalcapital.com

Narwhal Capital Management Sees
Inflation as Key to Economic Growth

Inflationary Spike Could Lead to Next Bull Market

ATLANTA, December 15, 2010 – Narwhal Capital Management (www.narwhalcapital.com) today released a research report exploring the historical impact of inflation on the economy, with a prediction that moderate inflation might be exactly what the country needs to kick-start the economy.

The report reviews the change in price levels for key indicators such as wages, housing and gas for the time periods 1942 – 1982, 1982 – 2009 and 1942 – 2009. It also takes a look at the S&P 500 earnings and S&P 500 value on January 1^st of 1942, 1982 and 2009, and reviews GDP, government debt and the average price of an ounce of gold for the same years to help gauge the future impact of inflation.

“Inflation is a natural part of our financial system. It always has been and always will be,” said Narwhal Capital Management Co-Founder MacArther “Mac” Plumart. “In fact, the success of our system depends on a healthy amount of inflation.”

Inflation is tied directly to the level of bank lending in the economy, the report states.

“In order to have a truly robust and expanding economy, banks must start lending, goods must be bought and sold, the supply of money must increase and the velocity of money, or the speed at which money changes hands, must increase as well,” Plumart said.

Despite higher commodity prices and the increased volume of trading in the stock market, Plumart doesn’t see any immediate inflationary pressures, especially with a stagnant housing market and the lack of hiring and low velocity of money.

Home sales and hiring, coupled with an increased money supply, will increase the velocity of money, which in turn may provide the inflationary spark the economy needs in order to grow, the report states.

“Do we need to fear inflation? I don’t think so,” Plumart said. “Without it, growth would be very hard to come by. I am becoming more and more convinced that the savior of our current economic malaise is an inflationary spike, which will boost spending, stabilize and/or grow prices and lead the economy to the next bull market.”

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contacts
Andrew Hall
Narwhal Capital Management
770.344.01272                                                                                                                                                                                                                                                                                                       ahall@narwhalcapital.com
www.narwhalcapital.com

Photos of Matt Burton’s recent trip to Zimbabwe are now online at www.narwhalcapital.com/about-2/narwhal-principals/photography-of-matt-burton/.

Narwhal Capital Management Releases Third Quarter Analysis of Capital Markets

Consumer Spending and Employment Growth Two Keys to Future Market Rise

ATLANTA, (October 18, 2010)—Narwhal Capital Management (www.narwhalcapital.com) today announced the release of its third quarter report on the status and outlook for the capital markets.

Narwhal Capital Management Co-Founder and Executive Vice President MacArther “Mac” Plumart identifies several factors that could lead to a healthier economy, including lower valuation levels, increased consumer spending and a significant growth in employment.

“Is this the end of uncertainty and the beginning of the next secular bull market? Most likely not,” says Plumart. “Valuations appear to be a bit high, given the lack of a clear and self-sustaining economic recovery.”

According to the report, reflation will also be key to market recovery. Reflation of the economy, or the stemming of the deflationary spiral that is often created by a recession, requires interest rates to drop and the institution of federal liquidity programs, such as Quantitative Easing.

“The key to real growth is getting the banks healed and the consumers spending,” writes Plumart. “However, before a big, long, sustainable secular bull market can develop, employment must increase.”

Since 2005, Narwhal Capital Management has compiled original research into periodical reports for its clients. Past topics include macro-economic predictions, market valuations, sector analysis and individual company analyses and recommendations.

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contact
Andrew Hall
Narwhal Capital Management
770.344.0172 / ahall@narwhalcapital.com
www.narwhalcapital.com

Narwhal Capital Management Sees Market Upswing Taking At Least a Year

Earnings, Confidence and Valuations Need to Shift for “Mega-Bull” Increase

ATLANTA, September 30, 2010 – Narwhal Capital Management (www.narwhalcapital.com) today released a research report highlighting the capital market cycle, with a prediction that the next bull market will take at least a year to come about.

“Patience is needed while waiting for all of the pieces to line up before the next mega-bull market takes off,” says Narwhal Capital Management Co-Founder MacArther “Mac” Plumart.

The report focuses on the factors that shape the boom-bust-consolidation cycle of the market, including consumer sentiment, company earnings, and investor attitude.

According to the report, the market, which has been in a consolidation phase since the bust of 2000 – 2002, is experiencing below-average consumer sentiment, despite solid earnings, but valuation levels still need to contract.

If these three factors reach appropriate levels, the market should be due for an upswing, the report states.

In the meantime, Plumart says, “We will continue to continue to grind it out in the markets, selling when we feel the market is over-valued and buying when it appears to be inexpensive.”

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contact
Andrew Hall
Narwhal Capital Management
770.344.0172 / ahall@narwhalcapital.com
www.narwhalcapital.com

Narwhal Capital Management Featured in Atlanta Business Chronicle

Narwhal Capital Management Launches Web site with a Flair (or Two)

Client-specific features and blog among site’s new capabilities

ATLANTA, (May 4, 2010) — What makes the Web site of a $400 million investment management firm different? At Narwhal Capital Management, it might be a golf blog belonging to one principal and the stunning global photography of the other.

With an improved graphic design and an enhanced user interface, Narwhal Capital Management’s new Web site provides visitors with a detailed overview of the Atlanta-based investment advisory firm and the wealth management services it offers.

Site visitors can also download Narwhal Capital Management’s archived research reports, which date back to the firm’s founding in 2005 and range from macro-economic predictions and market valuations to sector analysis and individual company analyses and recommendations.

In addition to providing detailed information about the company, the site includes links to a gallery of the photography of Narwhal principal Matt Burton and a golf Web site maintained by principal MacArther “Mac” Plumart. Matt’s photography features nature stills and action shots of breathtaking quality, while Mac’s golf site includes first-hand commentary on some of the best courses in the nation.

The principals will also maintain “The Narwhal Blog.” The public blog can be accessed from the site’s homepage and will be updated periodically by Mr. Burton and Mr. Plumart, who will provide frequent reflections on the economy.

About Narwhal Capital Management
Founded in 2005 and based in suburban Atlanta, Narwhal Capital Management (www.narwhalcapital.com) is an independent investment advisory firm that provides advice, research and portfolio management for high net worth individuals, corporations, institutional investors, joint account holders and trusts. The firm specializes in a long-term value approach to equities and practices a hold-to-maturity fixed income strategy to maximize diversification and returns. Prior to 2005, Narwhal’s operations and its management were a division of Matsco Incorporated, a Delaware holding company.

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Contacts:
Andrew Hall
Narwhal Capital Management
770.344.0172
ahall@narwhalcapital.com
www.narwhalcapital.com

Matthew Burton sits down with The Atlanta Journal-Constitution

Matt Burton appears on Moody Radio’s “Prime Time America”.

Matt Burton released “Calvin and Commerce: The Transforming Power of Calvinism in Market Economics,” on October 16, 2009.

Additional information about the 5th volume in the Calvin 500 Series can be found online at http://www.prpbooks.com/inventory.html?target=indiv_title&id=1732