Step 2: Investment Manager Identification

and Selection

We believe to be a successful investor, one needs to be broadly diversified. Accordingly, we invest in both traditional investments (stocks, bonds, mutual funds and exchange-traded funds) and alternative investments (long-short equity, arbitrage, oil, gold, gas, timber, real estate and private equity), if appropriate for that particular client. True diversification is achieved by utilizing various types of investments, not just stocks and bonds.

We have invested in alternatives for many years and have established connections with numerous investment professionals. These relationships yield significant benefits for our clients, as the best opportunities are difficult to uncover.

The process of identifying qualified investment managers involves both quantitative and qualitative analysis, each of which are equally important. The quantitative analysis statistically identifies the top performing managers, utilizing both analytical software and a comprehensive database. The qualitative review includes meeting with portfolio managers, reviewing audited financials and the completion of a rigorous due diligence questionnaire.

Next: Step 3: Portfolio design and implementation