Private Wealth Management. trusted experienced insightful



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Private Wealth Management trusted experienced insightful

The majority of our relationships are the result of referrals from our clients or their other professional advisors. We consider these endorsements one of the most defining characteristics of our practice. trusted We represent the interests of a select number of private investors, family offices, endowments and foundations. The trust we ve earned among these clients is the hallmark of our practice. experienced Every investment decision we make is informed by the critical lessons we ve learned in guiding our clients through nearly unprecedented market environments. insightful The advice we offer our clients reflects the deep knowledge of the markets we ve gained over the more than 30 years we ve been on Wall Street.

Challenges. Solutions. You define. We deliver. MARKET INSIGHTS We are a team of investment professionals, and we understand how the global economy impacts and drives an incredibly broad range of investment options and opportunities. Our immersion in the markets results in many important benefits for our clients. OUR PRIORITY We answer only to our clients. We operate on an open architecture platform and do not represent any proprietary product or service. ABSOLUTE TRANSPARENCY We are transparent in every aspect of our client relationships, including complete disclosure regarding the fees for our investment services. WEALTH MANAGEMENT METHODOLOGY 6 conduct client reviews 1 define investment objectives Open Communications 5 review/ revise asset allocation client 2 structure investment policy Our senior partners are proactive in maintaining direct and open communications with our clients. 4 implement strategies 3 develop asset allocation Treasury Partners Private Wealth Management 1

Determining optimum asset allocation is critical to our methodology, but our ongoing monitoring of the allocation is perhaps even more important. INVESTMENT OPPORTUNITIES our customized asset allocations reflect our commitment to controlling risk through portfolio diversification. SPECIAL SITUATIONS MARKET RELATED LESS MARKET RELATED FIXED INCOME 2 Treasury Partners Private Wealth Management

Market Dynamics. Dynamic Initiatives. Markets never rest. Nor do we. INVESTMENT PHILOSOPHY Underlying our deep understanding of the markets is a conservative, riskaverse approach to representing our clients interests. Protecting the assets our clients entrust to us is our highest priority and, in pursuing that commitment, we are dedicated to mitigating the effects of market volatility. CLIENT FINANCIAL PROFILE Each new relationship begins with an analysis of our client s investment assets, ownership structure of other assets, tax position, anticipated liquidity requirements, time horizon, risk tolerance, return objectives, and such ancillary considerations as wealth transfer intentions. This analysis serves as the basis for our client s investment policy and asset allocation. When relevant, we engage outside professionals to assist us in reviewing various estate planning issues. Richard Saperstein, Chief Investment Officer Richard Saperstein, a 30-year Wall Street veteran, is widely acknowledged for his investment expertise. He consistently ranks in the top tier on Barron s annual survey of America s Top 100 Financial Advisors and frequently shares his perspectives in such media as The Economist, The Wall Street Journal, Smart Money, Forbes, TheStreet.com, Barron s, Money Media, AdvisorOne, CNBC, and Bloomberg. ASSET ALLOCATIONS/INVESTMENT STRATEGIES We continually assess the historic rates of return and risk factors among the asset classes that typically comprise our allocations, each of which is customized in accordance with our client s unique financial profile. Portfolios typically reflect a core Fixed Income allocation. When appropriate, strategies may also include Market Related, Less Market Related, and Special Situation investments. Treasury Partners Private Wealth Management 3

Boutique Practice. Street Smarts. Powerful combination. PORTFOLIO IMPLEMENTATION The members of our Portfolio Management Group represent more than 150 years experience in the financial markets. With few exceptions, these professionals manage our traditional fixed income investment portfolios with a focus on capital preservation and income generation. When allocations include equity and/or alternative strategies, we generally engage outside portfolio managers. We select the most appropriate manager or managers within each investment discipline on the basis of our client s return objectives, tolerance for risk, and liquidity requirements. Analytical Capabilities Our significant analytical skills are informed by our constant vigilance on the markets. In conducting this analysis, we take full advantage of the important relationships we have established throughout the industry. RISK MANAGEMENT/INVESTMENT OPPORTUNITIES Once the portfolio is implemented we oversee every aspect of the monitoring process, especially risk management. We are acutely aware that even the slightest movements in the markets can impact performance, and we constantly evaluate our holdings across all asset classes in order to identify investments that may merit further consideration. MULTIPLE TECHNOLOGY PLATFORM Our clients benefit from one of the industry s most advanced, multiple technology platforms. We employ this technology in monitoring individual positions, credit ratings, and credit risk, and in assessing portfolio performance and conformance with each client s investment strategy and customized asset allocation. 4 Treasury Partners Private Wealth Management

Our wealth management practice is distinguished by the legacy of trust we have earned among generations of clients. HIGHTOWER ADVISORS We maintain a strategic relationship with HighTower Advisors. The company is headquartered in Chicago with regional offices in New York and San Francisco, and additional satellite offices around the country. HighTower provides us with back office support in such areas as accounting, human resources, legal, and compliance. J.P. MORGAN CLEARING CORP. J.P. Morgan Clearing Corp., an affiliate of JPMorgan Chase & Co., provides custody and clearing services for our broker/dealer, HighTower Securities, LLC, and for our advisory firm, HighTower Advisors, LLC. In addition to holding clients assets in segregated accounts, J.P. Morgan Clearing Corp. processes our wire transfers, issues trade confirmations and client statements, and interacts with our clients auditors.

DISCLOSURE Treasury Partners is a team of investment professionals registered with HighTower Securities, LLC, member FINRA, MSRB; and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC. This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Investors may lose all of their investments. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors. Treasury Partners has obtained all data and other information referenced herein from sources believed to be reliable. Treasury Partners and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice. This document was created for informational purposes only; the opinions expressed are solely those of Treasury Partners, and do not represent those of HighTower Advisors, LLC, or any of its affiliates. 1319021-2012.12 505 Fifth Avenue, 14th Floor New York, NY 10017 tel: 917.286.2770 fax: 917.591.8106 info@treasurypartners.com www.treasurypartners.com 2013 Treasury Partners. All rights reserved.