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Paralel Advisors LLC

Paralel Advisors LLC serves as the investment advisor to the Boulder Growth and Income Fund. Together with our parent company, Paralel Technologies LLC, we develop technology- based solutions to better serve investors.

Rocky Mountain Advisers, LLC

Rocky Mountain Advisers, LLC, an Alaska limited liability company ("RMA"), is an SEC-registered investment adviser with an office in Kansas. RMA was formed in 2008 and began to actively conduct its investment advisory business in 2010. In addition to serving as a co-adviser or sub-adviser to the Boulder Growth & Income Fund, Inc. since 2015, RMA provides investment services to a number of private client accounts. RMA and its affiliates previously served as co-investment adviser to three other registered investment companies, all of which were reorganized into Boulder Growth & Income Fund, Inc. in 2015. As of December 31, 2019, RMA managed approximately $1.5 billion in assets.

Portfolio Managers

Stewart R. Horejsi

Stewart R. Horejsi serves as the Chief Investment Officer and a Portfolio Manager for Rocky Mountain Advisers, LLC ("RMA") . In this role, Mr. Horejsi is responsible for the day-to-day portfolio management of the Boulder Growth & Income Fund.

Prior to founding Boulder Investment Advisers and Stewart Investment Advisers in 1999, former affiliates of RMA, Mr. Horejsi spent most of his life managing his family's businesses and investments. Since the early 1990s, his primary focus has been directing and managing the investments of the "Horejsi Affiliates", which consist of a number of trusts and business entities associated with Mr. Horejsi's family. From 1982 through 1999, Mr. Horejsi was General Manager of Brown Welding Supply. Mr. Horejsi formerly served as a director of the Boulder Total Return Fund and its predecessor, Preferred Income Management Fund. Mr. Horejsi is a director of the Horejsi Charitable Foundation, Inc., a South Dakota non-profit corporation. Mr. Horejsi serves as the financial consultant with respect to assets held by certain family trusts which are included in the Horejsi Affiliates, for which he is personally paid a quarterly consulting fee.

Mr. Horejsi holds an M.A. in Economics from Indiana University and a B.S. in Industrial Management from the University of Kansas.

Joel Looney, CFP

Joel Looney, CFP, serves as President, an Assistant Investment Officer and a Portfolio Manager for RMA. In these roles, Mr. Looney is responsible for supervising the overall advisory services provided by RMA, as well as for the day-to-day portfolio management of the Boulder Growth & Income Fund. Mr. Looney is also an "investment adviser representative" who provides investment management and financial planning services to a group of RMA private clients.

Prior to joining RMA in 2013, Mr. Looney was the Principal for Financial Management Group, LLC, an investment management firm, from 1999 to 2013. Prior to forming Financial Management Group, LLC, he was the Chief Financial Officer for Bethany College in Lindsborg, KS from 1995 to 1999. Mr. Looney formerly served as Chairman of the Board of Directors for the Boulder Total Return Fund, The Denali Fund and the First Opportunity Fund. Mr. Looney currently serves as President and Chairman of the Board of Directors for the Boulder Growth & Income Fund. Mr. Looney also serves as President of the Horejsi Charitable Foundation.

Mr. Looney holds an M.B.A from Kansas State University and a B.S. from Marymount College. Mr. Looney is also a CFP charterholder.


Paralel Advisors LLC.,
1700 Broadway Suite 1230
Denver, CO 80290
[email protected]

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Phone Inquiries:
866.228.4853 (BIF inquiries)

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