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Investing author Doug Gerlach joins ICLUBcentral in NAIC member-focused role

March 12, 2004 -
Photograph of Douglas Gerlach
Cambridge, MAICLUBcentral Inc. today announced the appointment of Douglas Gerlach, author of several books and websites on investing, as Vice President of NAIC Products. Gerlach will concentrate on ICLUBcentral’s offerings to the membership of the National Association of Investors Corp. (NAIC), the leading national non-profit devoted to investor education, and in particular will work directly with NAIC members and NAIC’s national volunteer network to maximize customer satisfaction with NAIC software products.

Gerlach will be replacing longtime NAIC investing authority Richard Beaubien, who is retiring from full-time work but will continue to represent ICLUBcentral at NAIC events and in other capacities from time to time.

"Of course it will be hard for anyone to completely fill Rich’s shoes, but I believe that we could not have found a more qualified and energetic replacement," said ICLUBcentral CEO Robert Brooker. "Doug has been a great asset in the past as Editor-in-Chief of our monthly investing newsletter, the Investor Advisory Service, and we’ve witnessed the tremendous insights and energy he has demonstrated in his role on NAIC’s Computer Group Advisory Board, so we couldn’t be happier about his joining our team.”

An online investing pioneer, Gerlach founded financial site in 1995 and investment club content site in 1997. (ICLUBcentral Inc., then called Actifunds Corp., acquired these websites and assumed the ICLUBcentral name in 2001.) In addition to directing these sites, Gerlach has created several more, including, a resource for direct investing, and, a site committed to investor education.

Gerlach has penned several books on investing, including The Complete Idiot's Guide to Online Investing and Investment Clubs for Dummies (co-authored by Angele McQuade), and been featured in numerous programs and publications, including The Wall Street Journal, Individual Investor, the Boston Globe, the New York Times, Worth, CNNfn, and Yahoo! FinanceVision. Gerlach's websites have garnered accolades from Forbes, Barron's, BusinessWeek, Money Magazine, The Economist, US News & World Report, and Fortune.

Long affiliated with NAIC, a 300,000-member non-profit organization that provides investment education for investment clubs and individual investors, Gerlach co-founded the NAIC Web site and served for nearly nine years as a Director of NAIC's Computer Group Advisory Board. Gerlach is a popular speaker at Investors Fairs and workshops held by NAIC Chapters and other organizations across the country and around the world, from Honolulu to Berlin.

“If I had written a description of my ’dream job,’” notes Gerlach, “it wouldn't be much different at all from the responsibilities I'm taking on at ICLUBcentral. I can’t wait to get started helping the company satisfy the needs of NAIC investment clubs and individual investors.”

About ICLUBcentral Inc.
ICLUBcentral Inc. develops and supports software products to address the specialized needs of the membership of trade and membership associations. ICLUBcentral’s offerings to the membership of the National Association of Investors Corp., a national non-profit association dedicated to investor education, include accounting and tax preparation software for investment clubs; stock analysis, portfolio management, and stock screening software for individual investors; related support services; and an investment newsletter with a top-performing pedigree dating back to 1974. ICLUBcentral Inc. is based in Cambridge, MA.

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