ASPEN, CO--(MARKET WIRE)--Oct 15, 2008 -- Obermeyer Asset Management Company (www.obermeyerasset.com) announced today the opening of its new Denver Colorado office at 3200 Cherry Creek South Drive, Suite 480.

Located in the heart of the Cherry Creek business district, the office will allow the Aspen-headquartered discretionary asset management firm to expand its presence in the Colorado market. Obermeyer manages the wealth of affluent individuals, families, foundations and corporations by developing investment portfolios tailored to their individual circumstances.

Company president Wally Obermeyer, recently named one of America's Top 100 independent advisors by Barron's magazine, said the new office demonstrates the firm's commitment to serving Colorado's affluent investors. "Over the years, we've built a solid reputation around the Roaring Fork Valley for delivering solid investment returns and world class service," said Obermeyer. "We're pleased about this office opening and the increased investment opportunities it affords the entire Colorado community."

Obermeyer, who entered the investment business in 1994 with $1 million under management, has grown the firm's asset base to more than $600 million today. The investment team builds and manages a diverse range of equity, fixed income, and alternative investment strategies for about 250 families and their associations.

"As our reputation grows, so does the need to serve the investment community here in the Metro Area and around the state," said Lonny Kandel, Denver Region Vice President and Director of the Cherry Creek office. "Obermeyer has a tremendous wealth management legacy, and I'm very pleased to build on that legacy in Denver."

About Obermeyer Asset Management

Obermeyer Asset Management is an independent fee-only Registered Investment Advisor (SEC File #801-54953) headquartered in Aspen, CO. The firm manages assets for a select group of individuals, their families, and the foundations and corporations they lead. Obermeyer offers a disciplined, globally informed investment perspective that seeks overlooked value opportunities for customized portfolios. For more information, visit www.obermeyerasset.com.

     For more information, please contact:
     Lonny Kandel
     Obermeyer Asset Management
     (800) 337-0933
      
     Morrison Shafroth
     Communications Strategy Group
     (720) 470-3653