Neuberger Berman Wealth Management. Presentation to: Mr. & Mrs. John Smith Month XX, 2010

Transcription

1 Neuberger Berman Wealth Management Presentation to: Mr. & Mrs. John Smith Month XX, 2010

2 Neuberger Berman Wealth Management Presentation to: Mr. & Mrs. John Smith Month XX, 2010

3 Our commitment to you Your challenges After 20 years as successful business leaders, you have sold your chain of medical supply and drug stores. You would like to revisit your current estate plan and create trusts to set aside some of these proceeds for your children. You wish to invest the remaining proceeds to provide for your retirement. Our Commitment We will partner with you to build a lasting relationship that will help you achieve your long-term wealth management and transfer goals. 1

4 An independent organization with firmly held values Rich heritage Neuberger Berman is a private partnership that has been around for 70 years. solely Focused on asset management Passionate, independent investors focused on delivering superior longterm performance. Highlights Managing client assets since 1939 $173 billion AUM More than 400 investment professionals 1 Portfolio managers possess an average 24 years of investment experience 2 Centralized research department follows over 500 companies culture of independence Our unique investment culture allows our portfolio managers the freedom to do what they do best. Lasting partnerships We partner with some of the toughest and smartest private and institutional clients, helping them navigate through challenging market conditions. All information as of December 31, Reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC (the firm ), including, but not limited to, Neuberger Berman LLC, Neuberger Berman Management LLC, Neuberger Berman Fixed Income LLC, NB Alternative Fund Management LLC, NB Alternative Investment Management LLC, NB Alternatives GP Holdings LLC, and NB Alternatives Advisers LLC. History and timeline information dates back to the 1939 founding of Neuberger & Berman (the predecessor of Neuberger Berman LLC), and highlights key business expansions, including those that resulted from acquisitions of the various affiliated investment advisers that now comprise the Firm. 1. Includes: Equity portfolio managers, research analysts/associates, traders, and product specialists; Fixed Income portfolio managers, research analysts/associates, traders, and investment support (product specialists, portfolio analysts, and trading support); Alternatives investment professionals who are involved in the decisions concerning asset allocation, investment monitoring, and making new investments (includes two consultants). 2. Excludes persons associated with NB Alternatives, which includes private equity and hedge fund investment professionals. 2

5 Our asset management model delivers the best of both worlds Open architecture Objective and conflict-free advice Access to best-in-class managers Breadth of styles and asset classes Neuberger Berman wealth management platform High level of customization Tax-sensitive management Direct access to management teams Centralized resources Lower fees Complete transparency Closed architecture 3

6 Your Wealth Advisor draws on our full resources Independent management teams Your wealth advisory team Firm-wide resources Core Equity Style- Specific Fixed Income Alternatives Specialty Wealth and needs assessment Strategic planning Asset allocation Asset location Strategy and manager selection Ongoing monitoring neuberger berman Investment Strategy Group neuberger berman Trust Company Tax, trust, and estate planning services are offered by affiliates of Neuberger Berman LLC. Neither Neuberger Berman nor its employees provide tax or legal advice or trust and estate planning services. You should consult your accountant, tax adviser, and/or attorney for advice concerning your particular circumstances. See Disclosures section at the end of this material, which is an important part of this presentation. 4

7 Tailoring your wealth management program Your wealth advisory team Evaluate needs, risk tolerance and goals as well as current wealth plan and investment portfolio Wealth assessment strategic planning Address full scope of income, tax, philanthropic and estate planning goals Adapt for changes in goals, performance impact on asset levels, and shifts away from expectations ongoing monitoring and periodic rebalancing Your goals and objectives Asset allocation Create an overarching investment plan supported by wealth forecasting and cash flow projections Select appropriate strategies and management teams; determine customization needs strategy selection and customization Asset location Identify taxable and tax-deferred accounts for charitable, trust, retirement and business assets Tax, trust, and estate planning services are offered by affiliates of Neuberger Berman LLC. Neither Neuberger Berman nor its employees provide tax or legal advice or trust and estate planning services. You should consult your accountant, tax adviser, and/or attorney for advice concerning your particular circumstances. See Disclosures section at the end of this material, which is an important part of this presentation. 5

8 A commitment to excellence in asset management Independent management teams Equity $173 billion in assets under management 1 Equity $81 Fixed Income $78 Alternative Investments $14 More than 20 portfolio management teams Unique strategies across investment style, market cap, and geographic boundaries 152 dedicated traditional equity research analysts 2 Fixed income More than XX portfolio management teams Broad range of strategies including cash, investment grade, and high yield XX specialty sector teams focused on fundamental research Alternative and specialty investments More than XX portfolio management teams Innovative solutions across private equity and hedging strategies XX analysts with specific sector and strategy expertise All information as of December 31, Reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC (the firm ), including, but not limited to, Neuberger Berman LLC, Neuberger Berma Management LLC, Neuberger Berman Fixed Income LLC, NB Alternative Fund Management LLC, NB Alternative Investment Management LLC, NB Alternatives GP Holdings LLC, and NB Alternatives Advisers LLC. 2. Research analysts include research analysts that are part of Portfolio Management and Research teams who are associated with Neuberger Berman LLC and Neuberger Berman Fixed Income LLC. Excludes persons associated with NB Alternatives, which includes private equity and hedge fund investment professionals. 6

9 Centralized research expertise and investment oversight Neuberger Berman Investment Strategy Group (ISG) Research and analysis Asset allocation Portfolio manager selection Market insights Macroeconomic research Market analysis Long-term portfolio strategy Near-term thematic overlays Evaluation of client goals Strategic and tactical asset allocation Risk mitigation through diversification Customized strategy recommendations Monte Carlo simulations Portfolio manager research and analysis Qualitative strategy reviews Performance analysis Asset allocation Manager selection and analysis Publications that include topical white papers and analysis of important market events Market and portfolio commentary Investment Quarterly 7

10 Wealth transfer and fiduciary services Neuberger Berman Trust Company Trust and estate expertise Estate planning advice Bring together investment expertise and knowledge of estate, trust and tax law Offer a full suite of investment and trust services for small to mid-size pension plans, foundations, and endowments Develop and implement trust and estate plan within the context of your overall wealth plan Review and recommend adjustments as your situation or tax environment changes Help mitigate fiduciary risk for company owners, non-profit board members or trustees of family trusts Trust location flexibility Comprehensive platform Authorized to act as trustee for trusts governed by the laws of any U.S. state Offer the benefits of a Delaware trust Access a full range of proprietary and complementary traditional and alternative strategies Tax, trust, and estate planning services are offered by affiliates of Neuberger Berman LLC. Neither Neuberger Berman nor its employees provide tax or legal advice or trust and estate planning services. You should consult your accountant, tax adviser, and/or attorney for advice concerning your particular circumstances. See Disclosures section at the end of this material, which is an important part of this presentation. 8

11 Customizing your asset allocation strategy Asset allocation recommendations Monte Carlo simulations ISG s research findings form general asset allocation guidelines Wealth Advisor shares in-depth understanding of your specific situation and goals to form asset allocation and portfolio manager recommendations Portfolio managers customize your portfolio Understand the probability of meeting your financial goals under a range of potential scenarios Use personalized inputs to generate several hundred potential market scenarios Aggregate scenarios to show you the likelihood of achieving your goals 9

12 Customizing your investment portfolio Understand your needs and aspirations Sample customization Identify expertise and strategies that address the full scope of your wealth management goals Focused portfolios Build concentrated stock portfolios customized for a range of wealth transfer strategies, such as GRATs Focus on tax-sensitive management and customization needs Actively implement, monitor, and adjust your wealth management plan Social and charitable restrictions Hybrid solutions Accommodate client restrictions with regard to specific companies, industries, or countries Create hybrid or equity-income investment solutions for trusts seeking capital appreciation and current income Tax, trust, and estate planning services are offered by affiliates of Neuberger Berman LLC. Neither Neuberger Berman nor its employees provide tax or legal advice or trust and estate planning services. You should consult your accountant, tax adviser, and/or attorney for advice concerning your particular circumstances. See Disclosures section at the end of this material, which is an important part of this presentation. 10

13 Taking the next steps ADDressing your wealth goals Review your current estate plan and overall wealth plan Recommend trust structures and investment strategies for your children Determine asset allocation strategy and for remaining proceeds Our Commitment We will partner with you to build a lasting relationship that will help you achieve your long-term wealth management and transfer goals. 11

14 Appendix Team Biographies Strategies

15 Your wealth advisory team Wealth Advisor John Smith joined Neuberger Berman in 2003 after ten years as an executive director at Morgan Stanley, including six years as a team leader in the Private Banking Division of Chemical Bank. He received a B.A. in accounting from Concordia University in 1980 and an M.B.A. from NYU in John draws on the full resources of our firm to formulate a comprehensive wealth plan to meet your long-term goals. Appendix 1?

16 Exploring solutions for your objectives Subhead here [Insert summary report for strategies selected by the wealth advisor.] Appendix 2?

17 Disclosures This material is presented solely for informational purposes and nothing herein constitutes investment, legal, accounting, or tax advice, or a recommendation or solicitation to buy, sell, or hold a security. Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness, or reliability. All information is current as of the date of this material and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Certain products and services may not be available in all jurisdictions or to all client types. Investing entails risks, including possible loss of principal. Investments in hedge funds and private equity are speculative and involve a higher degree of risk than more traditional investments. Investments in hedge funds and private equity are intended for sophisticated investors only. Neuberger Berman is a trade name used by Neuberger Berman Group LLC (the Firm ) and its subsidiaries. Information contained herein includes collective data for the various affiliated investment advisers that are subsidiaries of the Firm, including, but not limited to, Neuberger Berman LLC, Neuberger Berman Management LLC, Neuberger Berman Fixed Income LLC, NB Alternative Fund Management LLC, NB Alternative Investment Management LLC, NB Alternatives GP Holdings LLC, and NB Alternatives Advisers LLC. History and timeline information dates back to the 1939 founding of Neuberger & Berman (the predecessor to Neuberger Berman LLC), and highlights key business expansions, including those that resulted from acquisitions of the various affiliated investment advisers that now comprise the Firm. Neuberger Berman LLC is a registered investment adviser and broker/dealer, and member NYSE/FINRA/SIPC. Mutual funds are underwritten and distributed by Neuberger Berman Management LLC, a registered investment adviser and limited purpose broker/dealer, member FINRA. All of the aforementioned entities are affiliated companies. Neither Neuberger Berman nor its employees provide tax or trust and estate planning services. Such services are available though the businesses of Lehman Brothers Trust Companies, which Neuberger Berman has agreed to acquire and which will be rebranded under the Neuberger Berman name. Alternatives and fixed income products and services are generally offered through affiliates of Neuberger Berman LLC.

18 Disclosures IRS Circular 230 Disclosure: Please be advised that any discussion of U.S. tax matters contained within this communication (including any attachments) is not intended or written to be used and cannot be used for the purpose of (i) avoiding U.S. tax-related penalties or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein Neuberger Berman LLC. All rights reserved.