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A SINGLE, INTEGRATEDSOLUTION FOR MANAGINGCOMPLEX WEALTH.

ARCHWAY

TRANSFORMING THE FACE OFPRIVATE WEALTH TECHNOLOGY.

ATWEB: AN INTRODUCTION

ATWEB MODULES

GENERAL LEDGER

PORTFOLIO MODULE

ALTERNATIVE INVESTMENTS

REPORTING MODULE

INVESTOR MODULE

ACCOUNTS PAYABLE MODULE

ACCOUNTS RECEIVABLE MODULE

ADDITIONAL FUNCTIONALITY

COMPANY OVERVIEW

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ATWEB HIERARCHY & CONSTRUCTSThe below illustration articulates the hierarchy within ATWeb and how each element, from enterprise to transaction, relates to one another. Archway’s software platform facilitates valuable analysis by enabling users to drill-down deep within their portfolios to the tax lot level.

An Enterprise is a group of one or more Entities in ATWeb. The name of the Enterprise is typically the name of the family office or asset management company.

An Entity is a fund, partnership, trust or individual for which ATWeb will track investments and produce financial reports.

A Portfolio is synonymous with an account at a financial institution or a group of investments.

A Security is an individual investment tracked within a Portfolio in ATWeb.

Classes are user-defined categories that allow like items to be grouped for analysis and reporting. Some examples of system classes that can be leveraged are:

� Entity Classes (Generation, Family Group)

� Portfolio Classes (Strategy, Discretionary)

� Security Classes (Geography, Sector)

SYSTEM CLASSES

Firm Advisor Family

Investment positions are held at the tax lot level.

Archway’s comprehensive approach to wealth management software addresses the entire range of needs commonly associated with the effective and accurate management of significant wealth from the front to the back office.

Archway has coupled enterprise-grade technology with a superior level of client service and support to offer the industry’s only fully integrated accounting, investment management and reporting solution: ATWeb.

ATWeb is an integrated technology platform that is utilized by the investment, operations, accounting and client reporting departments inside of wealth management firms. Built around a core General Ledger, ATWeb provides industry-specific business functions without sacrificing accounting detail. This enterprise architecture ensures all of your business functions are tightly aligned at their core, dramatically improving reporting accuracy.

ATWEB: AN INTRODUCTION ARCHWAY

PORTFOLIO

SECURITY

ENTITY

TAX LOT

ENTERPRISE

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GENERALLEDGER INVESTOR

PORTFOLIO

MODULE

MODULE

MODULE

MODULE

ACCOUNTSRECEIVABLE

ACCOUNTSPAYABLE

Global Security MasterIncome/Dividend AccrualsInstitution/Custodial Data IntegrationsPortfolio Reconciliation

Fee Structure ManagementInvestor AdjustmentsPartnership Accounting

Bill PayCredit Card TransactionsGlobal Vendor List

Client Fee BillingRecurring Invoices

R

EPOR

TING MODULE

SETUP MODULE

ACCOUNTING PERIODS MODULE FIXED AS

SETS

MOD

ULE

ATWeb is the core operational platform through which all client data, accounting, reporting and analysis is captured, structured and managed. Depending upon the specific needs of the firm or individual platform user, various modules can be enabled/disabled accordingly. Shown below is a graphical representation of the various navigational options and system modules that are available through ATWeb. Many of these individual sub-ledgers or modules have additional levels of functionality that expand the breadth of features within the platform. Data entered into these modules flows directly into the General Ledger via automated accounting entries.

ATWEB MODULES

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ARCHWAY

ACCOUNTING IN ATWEB

ATWeb delivers significant benefits to clients through a true General Ledger-based accounting suite with unrivaled accounting features.

Partnership AccountingDiscreet and configurable fee structuresFlexible allocationsHigh water and multiple hurdle ratesInvestor relationsOwnership percentage calculations

Portfolio AccountingComplex asset ownership structuresConfigurable portfolio attributionCustodian integrationsMulti-currencySecurity master

Fund AccountingConfigurable reporting periodsFull suite of financial modulesIntegrated portfolio sub-ledgerNested and master-feeder structuresPerformance reporting

Trust AccountingConfigurable trust dashboardsDistribution disbursementTrust-specific reportingManagement of trust detailsPrincipal and income tracking

Utilize a Fully-Automated, Double-Entry General Ledger

GENERAL LEDGER

� Accounting-rule driven for easy adaptation to various legal and tax jurisdictions

� Aggregate across modules, entities and investors � Customizable chart of accounts with unlimited

sub-accounts and cost centers � Full inter-company accounting support with

recurring and auto-reversing entries

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Today’s private wealth management landscape calls for sophisticated accounting solutions to manage the complex array of entity structures, investment types, tax information and reporting required to effectively support wealthy individuals and families. ATWeb is designed to span the full range of accounting functionality needed for various entity structures in domestic and global markets.

With a user-defined chart of accounts and seamless integration with the various modules, ATWeb delivers industry-leading accounting performance whether you are tracking 10 or 1,000 entities.

Leverage the General Ledger to display cash accounts across entities, compare budget to actual numbers and forecast cash. With flexible cash management and treasury capabilities, a central disbursements feature, automated booking of due to/due from entries and inter-entity loan tracking capabilties, ATWeb is designed to manage your all of your back office operations.

Master Chart of AccountsHIGHLIGHTED FEATURE:

Wealth management firms focused on investment tracking and portfolio reporting require a comprehensive solution that offers full visibility across multiple asset classes and accounts regardless of where they are held. Whether those assets are foreign, domestic or a combination of liquid and illiquid holdings, investment professionals need to easily view and analyze a variety of investment data on demand.

With Archway’s integrated investment management platform, managers can dramatically simplify and improve daily activities – from transaction processing, account reconciliation and portfolio modeling to exposure, risk and performance reporting – to deliver exceptional levels of client advice and service. Utilize ATWeb’s comprehensive Security Master to input and store security prices and benchmarks, enter Private Equity and Hedge Fund transactions, store Corporate Actions and more.

Track a Full Range of Assets Across an Investment Portfolio

Automated AmortizationTrack amortization across bonds, mortgage-backed securities and other interest-bearing investments.

Bank, Brokerage & Custodial IntegrationsAccess transaction-level financial information through our extensive library of direct electronic data aggregation feeds with custodians and managers around the world.

Corporate ActionsAdd and maintain records of stock splits, spin-offs, mergers and symbol changes within individual securities.

Marketable SecuritiesTrack equities, fixed income and mutual funds as well as options and derivatives.

PORTFOLIO MODULE

TRACK YOUR INVESTMENTS WITH ATWEB

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Access ATWeb’s Security Master

Portfolio Modeling & RebalancingMeasure current portfolio allocations and streamline workflows such as model creation, configuration and investor assignment.

Private InvestmentsManage alternative investments such as hedge funds, limited partnerships, real estate and private equity along with all associated cash flows.

Trade, Position & Cash Reconciliation ToolsUtilize the application’s reconciliation tools to verify data accuracy in ATWeb against external data sources.

Wash Sale NotificationAllow the system to identify potential wash sale transactions that may require basis adjustments.

ATWeb’s Security Master was carefully built to handle both liquid and illiquid investments. Within the Security Master, ATWeb users have the ability to enter and store security prices, cash flows and descriptive security information. Users may store up to three (3) prices for a security. The pricing information can be electronically imported from a custodian, electronically imported from a third party pricing service such as IDC or uploaded manually.

With a tab specific for Private Equity investments, users can create and store fund commitments, post capital calls and record distributions from their Private Equity investments. ATWeb users may also leverage the Hedge Fund tab, which enables the entry of specific initial subscription information along with applicable liquidity/security restrictions, fee structures, redemptions and holdback/reserve detail.

Additionally, ATWeb can store industry benchmarks as well as synthetic (custom) benchmarks with definable concentrations. Through Archway’s relationships with external data providers, users may electronically obtain data from Hedge Fund Research (HFR), MSCI and Russell.

Trackable Securities

LIQUIDS ILLIQUIDS PERSONAL ASSETS � Equities � ETFs � Fixed Income � Mutual Funds � Options

� Private Equity � Hedge Funds � Real Estate � Direct Private

� Cars � Homes � Art � Collectibles

Automated data integrations provide an efficient data entry process and reduce the number of errors that occur through a consistent flow of information directly from financial institutions into ATWeb.

Archway offers access to hundreds of financial institutions and thousands of indices and benchmarks through our fully automated data integration platform.

Pricing IntegrationLoads end-of-day per unit market values for open positions into the Security Master. Storing this data in the Security Master allows clients to maintain a daily pricing record for their open positions.

ARCHWAY

Portfolio IntegrationLoads Buy/Sell activity into the Portfolio Module. ATWeb will automatically create the journal entries in the General Ledger for the Buy/Sell activity.

General Ledger IntegrationLoads cash transaction activity (dividend or interest payments, miscellaneous expenses, etc.) into the General Ledger.

Reconciliation IntegrationLoads end of day cash balance and open position information from your financial institutions for use in reconciling ATWeb system data.

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Data IntegrationsHIGHLIGHTED FEATURE:

ALTERNATIVE INVESTMENTS

High net worth investors include Private Equity as an asset class to improve and enhance their overall allocation, sometimes relying heavily on their outsized returns. With such emphasis placed on this critical asset class, Archway designed a ‘sub-module’ within the Portfolio module to help firms understand the movements and performance of this unique asset. With ATWeb’s capabilities, users have the ability to better understand a number of critical components of their investments. With separate wizards for tracking commitments, calls and distributions, accounting and operation team members can quickly and easily enter the necessary components of their fund.

Private Equity

Manage � Automate debit and credit accounting entries booked into the G/L � Denote the currency of the investment and track F/X for 180+

currencies with our Exchange Rate table � Incorporate ‘fund of fund’-style recording and reporting � Report tax basis information seamlessly � Split commitments, calls and distributions across multiple

investors

Report � Automate ‘Auto-Calculate Market Value and Cumulative Value’

(includes distributions) � Calculate either XIRR, IRR and MOIC for each fund or in aggregate � Create your own custom blended index using ATWeb’s proprietary

tools for improved breadth of reporting � Design unlimited and unique classifications to help you group and

understand fund performance

Hedge Funds

Within the alternative assets industry, hedge funds represent one of the most successful and important assets available to the high net worth investor. The name implies a degree of sophistication and expertise limited to a few with the appetite for incredible amounts of risk. As high net worth investors eschew traditional equities and fixed income for outsized returns, an emphasis on details emerges to help them understand the components and provisions for each fund.

At Archway, users navigate through a purpose-built hedge fund module to support the operations and accounting for their varied investments. With such emphasis placed on this critical asset class, users have more clarity into the movements and performance of this unique asset, whether it is for one or multiple subscriptions for the fund.

Subscriptions � Create multiple subscriptions for the same fund � Include restriction information for ‘at a glance’ updates

› Choose the liquidity frequency and notice › Define lock-up structure › Enter lock up expirations and penalties › Understand gated provisions

� Manage various fee structures › Input the management fee and performance fee › Note the hurdle rate and high-water mark

Redemptions � Choose to redeem out of a main account or side pocket � Designate a full redemption or a specific amount � Enter holdback amount and funds due/received values � Create an entry for the reserve amount and reserve received � Incorporate either a holdback or reserve offset account tied

to the G/L Cash Account of your choosing � Manage the exchange rate for foreign denominated funds

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ATWeb’s sophisticated reporting tools enable clients to generate highly-customized reports for family members, investors and management teams. With more than 200 on-demand reports available in ATWeb, clients have the power to instantly run comprehensive report packages with accurate, reliable results.

ATWeb’s internal reporting engine streamlines the reporting process, minimizes errors and provides exceptionally flexible reporting output options, empowering clients to select any combination of reports and report parameters to create an entirely customized report package. Clients can produce consolidated or individual packages, from single-page client financial summaries to detailed holdings, transaction, allocation, performance and/or risk reports. Using a best-in-class report batching and scheduling automation tool, clients can produce consistent, timely report packages with various output and distribution methods.

Produce Comprehensive, Customized Client Report Packages

Run balance sheets, income statements, cash flow forecasts and more.Financial Reporting

Distribute consolidated client statements and fund reports to your clients with ease and accuracy.Investor Statements

Analyze portfolio performance, exposure and risk at multiple levels using TWR, TR, IRR or XIRR calculations.Performance, Allocation & Risk Reporting

Generate complete report packages for your firm, managers and investors with the system’s easy-to-use report batching tool.Report Batching & Scheduling

Extract raw data from ATWeb for additional custom reporting options and further data manipulation.User Queries

REPORTING IN ATWEB

REPORTING MODULE

For most wealth management firms, reporting is a regular task. Whether you are preparing daily, weekly, monthly, quarterly or annual reports, the process can be time-consuming and inefficient. With ATWeb’s batch reporting functionality, report preparation becomes an automated, efficiency-driven task.

Benefits of batch reporting include the ability to:

� Create a consistent report package that is familiar to your clients

� Package any combination of reports together including financial, performance or portfolio

� Run reports for any user-defined time period � Schedule report creation 24/7/365

Report Batching & SchedulingHIGHLIGHTED FEATURE:

Benn

Previous period 3/31/2013 Period ending 6/30/2013Asset Category Value % Value Value % Value

Cash & Equivalents 0.00 0.00 % 348,541.97 1.47 %Financial 0.00 0.00 % 348,541.97 1.47 %

Domestic Equity 17,514,365.44 79.09 % 18,983,058.81 79.92 %Chemical 44,467.25 0.20 % 40,062.75 0.17 %Communications 42,107.19 0.19 % 64,197.06 0.27 %Consumer Goods 5,891,437.80 26.60 % 7,261,750.60 30.57 %Energy 20,160.85 0.09 % 44,268.40 0.19 %Financial 577,077.50 2.61 % 633,618.85 2.67 %Food and Beverage 29,855.80 0.13 % 29,684.95 0.12 %Healthcare 35,310.45 0.16 % 40,189.25 0.17 %Industrial 7,026,101.25 31.73 % 7,416,934.05 31.22 %Oil and Gas 3,050.40 0.01 % 0.00 0.00 %Real Estate 33,705.80 0.15 % 32,702.45 0.14 %Technology 2,568,333.75 11.60 % 1,968,656.30 8.29 %Transportation 1,207,592.15 5.45 % 1,416,480.55 5.96 %Utilities 35,165.25 0.16 % 34,513.60 0.15 %

Fixed Income 1,680,064.71 7.59 % 1,609,736.98 6.78 %Consumer Goods 52,583.47 0.24 % 50,877.29 0.21 %Financial 146,741.75 0.66 % 97,880.44 0.41 %Municipal Debt 912,110.00 4.12 % 899,887.53 3.79 %State Debt 568,629.49 2.57 % 561,091.72 2.36 %

Int'l Equity 2,179,542.80 9.84 % 1,925,329.89 8.11 %Energy 179,276.00 0.81 % 184,513.85 0.78 %Financial 2,000,266.80 9.03 % 1,740,816.04 7.33 %

Private Equity 0.00 0.00 % 106,224.00 0.45 %Financial 0.00 0.00 % 106,224.00 0.45 %

Personal Assets 630,000.00 2.85 % 656,000.00 2.76 %Other Assets 630,000.00 2.85 % 656,000.00 2.76 %

Other Assets 140,139.21 0.63 % 124,893.56 0.53 %Total 22,144,112.16 - 23,753,785.21 100.00 %

Powered by ATWeb - Archway Technology Partners

CLIENT ASSET ALLOCATION (reported in USD)Bennett Payne

For the period 4/1/2013 to 6/30/2013

From 08/01/2013 to 08/31/2013

Marty Payne

ACCRUED INTEREST BY PORTFOLIO

Income Type Maturity Rate Last CouponNext

CouponDate

Accrued/Paid AccruedPurch./Sold

Accrued Paid Amount open

MARTY PAYNE (reported in USD) Beginning: 12,125.48 - - 12,125.48

3133XSR59 - FEDERAL HOME LOAN BANK 12/14/2018 0.31% Beginning: 115.58 - - 115.58

Interest 08/31/2013 132.71 - - 248.29

Ending Quantity: 500,000.00 Ending: 248.29

38122NNY4 - GOLDEN ST TOB SECURITIZATION C TOBACCO SETTLEMENT ASSET 2007A

06/01/2027 4.50% Beginning: 4,062.50 - - 4,062.50

Interest 08/31/2013 4,687.50 - - 8,750.00

Ending Quantity: 1,250,000.00 Ending: 8,750.00

459200GJ4 - IBM CORP NOTES 12/14/2017 0.50% Beginning: 216.67 - - 216.67

Interest 08/31/2013 250.00 - - 466.67


567815BE4 - MARIN CALIF MUN WTR 08/15/2039 0.83% Beginning: 327.71 - - 327.71

Interest 08/31/2013 378.13 - - 705.83


592663V62 - METROPOLITAN WTR DIST 04/01/2030 0.33% Beginning: 234.72 - - 234.72

Interest 08/31/2013 270.83 - - 505.56

Ending Quantity: 1,000,000.00 Ending: 505.56

69753RBT0 - PALOMAR POMERADO HEALTH CALIF GO BDS 2007 A

08/01/2025 0.66% Beginning: 378.44 - - 378.44

Interest 08/31/2013 436.67 - - 815.11


745160RP8 - PUERTO RICO COMWLTH AQUEDUCT & SWR REV BDS SNR LIEN 2012A

07/01/2022 5.00% Beginning: 638.89 - - 638.89

Ending Quantity: 0 Ending: 638.89


ASSET ALLOCATION Bennett Payne

Description As Of 6/30/2013Current

AllocationCash & Equivalents 348,541.97 1.47 %Domestic Equity 18,983,058.81 79.92 %Fixed Income 1,609,736.98 6.78 %Int'l Equity 1,925,329.89 8.11 %Private Equity 106,224.00 0.45 %Personal Assets 656,000.00 2.76 %Other Assets 124,893.56 0.53 %

Total 23,753,785.21 100.00 %


CLIENT ASSET ALLOCATION HISTORY (reported in USD)Bennett Payne

For the period 1/1/2013 to 6/30/2013

ATWeb reports can be tailored to reflect both what informationthe client wants to see as well as how that information is presented.

ARCHWAY

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PARTNERSHIP ACCOUNTING IN ATWEB

INVESTOR MODULE

Archway offers a comprehensive suite of automated and fully-integrated tools for managing all aspects of partnership accounting including income and expense allocations, capital transaction processing, contributed securities processing (704c) and the transfer of partnership interests. ATWeb also provides flexible and configurable gain allocation rules – including both aggregate and netting methodologies – in addition to supporting side-pocket allocations for investments that are owned by a subset of the partners within a partnership.

Using this information, ATWeb incorporates both partnership-level transaction activity processing alongside partner-level book and tax account value management. As a result, users are able to produce a broad range of performance, activity and tax reporting, author financial statements and distribute partner capital statements in an accurate, timely manner.

Manage Partnership Accounting

Calculate OwnershipUsers may create side pockets so that not every partner is forced to belong to each portfolio/partnership. ATWeb’s automated ownership calculations eliminate the need to use third-party tools such as Excel to manually calculate changes in ownership as capital activity occurs.

Process Partner ActivityWhether you are contributing, withdrawing or transferring ownership from one unrelated partner to another or between family generations, ATWeb is flexible in its ability to create a fluid transition of assets between partners.

Allocate GainsThe accounting period close allows users to allocate gains based on their preferred methodology. Choose from four (4) different allocations available via ATWeb:

� Aggregate by Income Allocation � Aggregate by Full Netting � Aggregate by Partial Netting � Layering

Disparity Account HandlingAlong with each investor’s tax basis and capital account, ATWeb tracks investor disparity balance (unrealized) with adjustments made based on the nature of the income allocated to each investor (e.g. unrealized vs. taxable).

Track BasisATWeb tracks both tax and disparity balances to ultimately calculate capital amount.

By tracking all inputs of the capital equation, ATWeb users can produce comprehensive reports to display amounts based on capital, tax or disparity balances. Using this functionality, ATWeb enables users to maintain various layers of forward/reverse 704-C.

Allocate IncomeWhether for tax purposes, business rules or investment priorities, income is allocated differently based on the terms dictated within a partnership agreement:

� Aggregate by Capital Account � Aggregate by Called Capital � Aggregate by Committed Capital � Aggregate by Units

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Entity Ownership in ATWeb

Today’s families require tools to comprehend and analyze the interdependencies of their complex network of entity structures and how they are employed to protect the interests of current clients and future beneficiaries. Without the proper tools, problems can arise from a lack of careful planning and understanding of how entities and investments are inter-related. Reporting on nested entities becomes time-consuming, frustrating and almost impossible without a solution that takes into consideration the various relationships an individual may have with one or many entities.

ATWeb creates a visual depiction of your firm’s ownership structure, known as the Operation Chain, to delineate between direct and indirect ownership and allocate profit and loss. The Operation Chain shows the footprint of the family office, including legal entities such as trusts, partnerships, managed accounts, etc.

The system’s intuitive allocation methodologies provide an automated means to systematically allocate P/L from the top-level entities down through the nesting chain and, ultimately, to the underlying partners who are paying taxes on the income.

ATWeb is the only solution on the market that fully understands the nesting chain that can exist within family offices and UHNW families.

With ATWeb, a client that has a trust that owns securities through a custodial account but also has an interest in a family partnership, which may then even have an interest in another family partnership or entity, understands the chain of nested ownership.

The value of the Operation Chain simplifies the presentation of nested relationships so firms can:

� Look up through the nesting chain to see indirect exposure to individual investments held by upstream entities

� Present a clear representation of interaction between companies and the propagation of P/L

� Provide reports to family members that present direct and indirect asset exposure

ATWEB’S OPERATION CHAIN

ARCHWAY

Operation ChainHIGHLIGHTED FEATURE:

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Within the Accounts Payable Module, users have the ability to:

� Cut checks directly out of ATWeb � Incorporate workflows and approvals for paying bills � Input and track investor distributions � Integrate with the fee billing functionality in A/R � Manage expenses across multiple entities with

integrated check writing, wire transfers and ACH files � Pay bills across multiple entities � Record bills and process payments � Tie bills to specific securities to affect performance

Accounts Payable ReportsGenerate accounts payable reports out of the Reporting Module to view comprehensive lists of cross-entity bills, payments, vendor details and more.

ACCOUNTS PAYABLE MODULE

Each back office and operations team deals with specific daily tasks and responsibilities such as bill pay, vendor and invoice tracking, cash management and reporting. With ATWeb, your team can handle a variety of periodic tasks associated with traditional Accounts Payable activities. The Accounts Payable (A/P) Module enables the management of all aspects of bill payment for individuals/entities within the platform. The A/P Module allows authorized users to do everything from add/track vendor information and set up recurring bills and distributions to configure payment cycles, view credit card transactions and print checks.

To help simplify your day-to-day tasks, the A/P Module within ATWeb allows you to track expenses/bills paid to vendors. To ensure the foremost efficiency in your enterprise, ATWeb allows users to print checks by specifying details such as the print date and the type of check to be printed.

Manage Expenses from Cash Reconciliation to Automated Bill Payment

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From 08/01/2013 to 08/31/2013

Marty Payne

ACCRUED INTEREST BY PORTFOLIO

Income Type Maturity Rate Last CouponNext

CouponDate

Accrued/Paid AccruedPurch./Sold

Accrued Paid Amount open

MARTY PAYNE (reported in USD) Beginning: 12,125.48 - - 12,125.48

3133XSR59 - FEDERAL HOME LOAN BANK 12/14/2018 0.31% Beginning: 115.58 - - 115.58

Interest 08/31/2013 132.71 - - 248.29


38122NNY4 - GOLDEN ST TOB SECURITIZATION C TOBACCO SETTLEMENT ASSET 2007A

06/01/2027 4.50% Beginning: 4,062.50 - - 4,062.50

Interest 08/31/2013 4,687.50 - - 8,750.00

Ending Quantity: 1,250,000.00 Ending: 8,750.00

459200GJ4 - IBM CORP NOTES 12/14/2017 0.50% Beginning: 216.67 - - 216.67

Interest 08/31/2013 250.00 - - 466.67


567815BE4 - MARIN CALIF MUN WTR 08/15/2039 0.83% Beginning: 327.71 - - 327.71

Interest 08/31/2013 378.13 - - 705.83


592663V62 - METROPOLITAN WTR DIST 04/01/2030 0.33% Beginning: 234.72 - - 234.72

Interest 08/31/2013 270.83 - - 505.56

Ending Quantity: 1,000,000.00 Ending: 505.56

69753RBT0 - PALOMAR POMERADO HEALTH CALIF GO BDS 2007 A

08/01/2025 0.66% Beginning: 378.44 - - 378.44

Interest 08/31/2013 436.67 - - 815.11


745160RP8 - PUERTO RICO COMWLTH AQUEDUCT & SWR REV BDS SNR LIEN 2012A

07/01/2022 5.00% Beginning: 638.89 - - 638.89

Ending Quantity: 0 Ending: 638.89


Purchase Item Type Vendor Purchase Item Bill Number Bill Date Item Amount

TaxesState of Indiana State Tax Payment 10121 09/16/2013 900.00

Total Taxes 900.00Telephone

Verizon Wireless Telephone 10102 09/05/2013 967.87Verizon Wireless Telephone 10112 09/15/2013 24,000.00Verizon Wireless Telephone 10/15/2013 100.00

Total Telephone 25,067.87Utilities

Aaron Spence Water 10/01/2013 10.00Accenture Electric 10/01/2013 564,564.00Accenture Electric 11/04/2013 777.00Southern Energy Electric 10146 09/20/2013 800.00Southern Energy Electric 10148 09/20/2013 909.00Southern Energy Electric 10160 09/21/2013 800.00Southern Energy Electric 10163 09/21/2013 900.00Southern Energy Water 10337 11/20/2013 150.00Southern Energy Electric 11/20/2013 250.00Southern Energy Electric 10345 11/20/2013 500.00Water Company Water 10273 10/20/2013 10,000.00

Total Utilities 579,660.00

Total Barnes Family Partnership 605,627.87


BILLS BY ITEM TYPE Barnes Family Partnership

From 1/1/2013 to 12/31/2013

10262

10344

10306

1021110210

ATWeb offers three ways to print checks:

� Print the entire check on blank check stock using a MICR cartridge*

� Print the check on pre-printed check stock which prints the date, amount, vendor, and memo

� Print all the information but exclude the MICR account information

There are several standard check stocks available in Accounts Payable:

� 3 Checks per Page MICR* � Check on Bottom MICR* � Check on Top MICR* � Intuit Top � Clarke American L416 Top

*MICR (Magnetic Ink Character Recognition) is a character-recognition technology used to print the routing number and account number at the bottom of a check.

Check OutputHIGHLIGHTED FEATURE: Workflow in ATWeb

ATWeb’s Workflow Manager is integrated with the Accounts Payable Module to support payment approvals. Dollar value threshold tiers and approvers may be defined for each payment.

ACCOUNTS PAYABLE PAYMENT REGISTER (Bill To Entity)

Pearl Street Funding

08/01/2013 to 08/31/2013

Void Date Reference Amount Vendor Payment Type Bill To Entity

No 08/31/2013 10,000.00 Seahorse Operations, Inc. CDA ACH George Williams

No 08/31/2013 2 1,500.00 Barnes & Thornburg Partners CDA Checking George Williams

No 08/31/2013 6 4,000.00 First Presbyterian Church of Dallas CDA Checking George Williams

No 08/31/2013 9 225.00 Pearl Family Office CDA Checking George Williams

No 08/31/2013 10 15,000.00 Seahorse Operations, Inc. CDA Checking George Williams

Total George Williams 30,725.00

No 08/31/2013 1 11,500.00 American Express CDA Checking Cathie Roberts

No 08/31/2013 3 5,000.00 Best Buddies International CDA Checking Cathie Roberts

No 08/31/2013 7 350.00 Hines Bros. Landscaping CDA Checking Cathie Roberts

No 08/31/2013 11 800.00 Shelton School CDA Checking Cathie Roberts

Total Cathie Roberts 17,650.00

No 08/31/2013 4 400.00 Cumberland Ridge HOA Inc CDA Checking Heidi White

No 08/31/2013 5 875.00 Farmers Insurance CDA Checking Heidi White

No 08/31/2013 8 1,500.00 Lakewood Country Club CDA Checking Heidi White

Total Heidi White 2,775.00

Total Pearl Street Funding 51,150.00


Within the Accounts Receivable Module, users have the ability to:

� Charge portfolios to specific accounts � Customize a management fee invoice � Designate specific entities and accounts for fee billing � Determine the ‘bill to’ entity and the ‘bill to’ portfolio � Exclude accounts from fee billing � Incorporate a blended rate � Integrate A/R invoices with the A/P Module � Manage fee tiers with different rates for levels of AUM � Set up the billing frequency (daily, weekly, quarterly, semi-

annually, annually) � Spread the invoice across multiple entities

ATWeb offers you the ability to send an ACH or flat file to your custodian, allowing you to pay the invoice and generate the General Ledger transactions all within one solution.

In addition to this feature, users can create an invoice for capital calls within ATWeb so clients are notified via hard copy that a call for cash is needed to fund an alternative investment. Integrate this step with the use of the Investor Module for seamless processing across different modules.

ARCHWAYACCOUNTS RECEIVABLE MODULE ARCHWAY

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Increase Efficiency with Client Fee Billing

Wealth management firms are all structured differently to support their unique client base. Each client’s assets, investments and entities are managed in various ways; some clients prefer full service investment management, others require assistance with manager selection. At the end of the day, no two clients are alike.

ATWeb was designed to offer you a variety of approaches for billing clients – whether it is a fixed fee, or basis points for each asset class, you can configure the fee billing engine to automate this recurring task for your operations team. With an embedded A/R Module, users can create a unique fee billing schedule that works with their client’s AUM and investment approach.

Banking Output and InvoiceHIGHLIGHTED FEATURE:

Accounts Receivable ReportsGenerate accounts receivable reports out of the Reporting Module to view comprehensive lists of customer invoices, customer statements, invoice aging and more.

Vendor Amount Amount Paid Amount Open Bill Date Age

Verizon Wireless 350.00 0.00 350.00 01/31/2014 (365)Telephone Telephone 350.00

Verizon Wireless 1,400.00 0.00 1,400.00 01/31/2014 (365)Payments Payments 1,000.00Telephone Telephone 300.00Utilities Wireless 100.00

Accenture 215.00 0.00 215.00 01/29/2014 (363)Consulting Management Consulting 215.00



Daniel Madison 225.00 0.00 225.00 11/19/2013 (292)Utilities Water 225.00

Verizon Wireless 1,000.00 0.00 1,000.00 11/06/2013 (279)Telephone Telephone 1,000.00

Verizon Wireless 1,000.00 0.00 1,000.00 10/25/2013 (267)Telephone Telephone 1,000.00





BILL AGING DETAILBarnes Family Investment Partnership

Aged As-of 01/31/2013

Customer Under 15 16 to 30 31 to 45 46 to 60 61 to 90 Over 91 TotalFrench Management Co.

1/5/2013 - Invoice 156 $0.00 $0.00 $0.00 $0.00 $50,000.00 $0.00 $50,000.002/5/2013 - Invoice 160 $0.00 $0.00 $0.00 $50,000.00 $0.00 $0.00 $50,000.003/5/2013 - Invoice 164 $0.00 $50,000.00 $0.00 $0.00 $0.00 $0.00 $50,000.00

$0.00 $50,000.00 $0.00 $50,000.00 $50,000.00 $0.00 $150,000.00

Jackson Paloma & Co.1/5/2013 - Invoice 155 $0.00 $0.00 $0.00 $0.00 $37,500.00 $0.00 $37,500.002/5/2013 - Invoice 159 $0.00 $0.00 $0.00 $37,500.00 $0.00 $0.00 $37,500.003/5/2013 - Invoice 163 $0.00 $37,500.00 $0.00 $0.00 $0.00 $0.00 $37,500.00

$0.00 $37,500.00 $0.00 $37,500.00 $37,500.00 $0.00 $112,500.00

Leon, Miller & Saks LP1/5/2013 - Invoice 157 $0.00 $0.00 $0.00 $0.00 $31,250.00 $0.00 $31,250.002/5/2013 - Invoice 161 $0.00 $0.00 $0.00 $31,250.00 $0.00 $0.00 $31,250.003/5/2013 - Invoice 165 $0.00 $31,250.00 $0.00 $0.00 $0.00 $0.00 $31,250.00

$0.00 $31,250.00 $0.00 $31,250.00 $31,250.00 $0.00 $93,750.00

Seahorse Operations, Inc.1/5/2013 - Invoice 158 $0.00 $0.00 $0.00 $0.00 $100,000.00 $0.00 $100,000.002/5/2013 - Invoice 162 $0.00 $0.00 $0.00 $100,000.00 $0.00 $0.00 $100,000.003/5/2013 - Invoice 166 $0.00 $100,000.00 $0.00 $0.00 $0.00 $0.00 $100,000.00

$0.00 $100,000.00 $0.00 $100,000.00 $100,000.00 $0.00 $300,000.00

$0.00 $218,750.00 $0.00 $218,750.00 $218,750.00 $0.00 $656,250.00


Aged Days As-Of 03/31/2013

Golden Gate Investments

A/R Invoice Aging

$ 16,019,499.43

$$$$

$ 4,906,046.08

$ 9,198.84

$ 9,198.84

$ 609,397.37 $$ 609,397.37

$ 2,356,231.16 $$ 2,356,231.16

$ 1,244,984.72 $$ 1,244,984.72

$ 695,432.83 $$ 695,432.83

$ 4,906,046.08

$$Total Management Fee 9,198.84

Note: Management Fees will be deducted from account Flynn, Thomas

All Sponsored partnerships are billed directly to the Partnership.

Total

Total Thomas Flynn 9,198.84

International EquityThomas Flynn 1,303.94

Domestic EquityThomas Flynn 2,334.35

Debt Thomas Flynn 4,417.93

Cash/Money MarketThomas Flynn 1,142.62

Total Due and Payable

FEE CALCULATION DETAIL FOR BILLING PERIOD APRIL 1, 2013 TO JUNE 30, 2013

Asset Type03/31/2013

MARKET VALUE03/31/2013

MANAGEMENT FEE

Total Billable Assets at 03/31/2013

$4,906,046.08 at .001875 per Quarter

Debt 2,356,231.16Domestic Equity 1,244,984.72International Equity 695,432.83

Total Assets at 03/31/2013

Billable AssetsCash/Money Market 609,397.37

SUMMARY OF MANAGEMENT FEES

For the Billing Period April 1, 2013 to June 30, 2013

Flynn, Thomas9300 N. Meridian Street, Suite 210

Indianapolis, IN 46260 �

FEE OVERVIEW

***************************************** FOR INFORMATION PURPOSES ONLY - Do Not Pay *****************************************

The General Ledger is the core of ATWeb and surrounding the G/L are a variety of modules, each with their own capabilities. ATWeb offers a variety of additional functionality and secondary modules from which users may benefit. Among its many functions, ATWeb can be leveraged to track fixed assets, store documents, create budgets and more. With flexible transfers and gifting capabilities, a central disbursements account function, automatic booking of entries for due to or due from accounts and inter-entity loans, ATWeb was developed with many features.

ADDITIONAL FUNCTIONALITY

14

Transfers & Gifting is used to manage contributions and withdrawals of contributed securities, transfers of assets across portfolios and entities and Free Receipt (Transfer In) or Free Delivery (Transfer Out) of tax lots.

Transfers & Gifting

The Document Manager functionality allows users to upload and organize invoices, reports, statements and other documents critical to the Enterprise. ATWeb allows the upload of multiple documents at once into a staging queue, where they can be associated to different locations across the system.

Sample stored documents may include:

� Brokerage statements from custodians � Client statements for individual investors � Invoices for purchased items such as art or antiques � Monthly statements from hedge fund managers and brokers � Partnership and subscription agreements � Tax documents like 1099s

Document Manager

Custom, interactive dashboards can be created at the enterprise or individual entity level. The specific modules/inserts on the dashboard can be selected from a list of options that depict everything from allocation and performance, to open bills and cash information.

Once selected, each individual insert can be further customized to reflect the preferred data view (e.g., graphical or tabular) or grouping (asset class, sector, security type) desired. Within each module, information can be sorted by the columns (in the tabular view) and then be drilled through directly to view underlying detail.

Dashboards

The Modeling & Rebalancing Module within the platform supports the setup and management of various custom portfolio models for managing individual portfolios, including the construction of target allocation model as well as the input of min/max tolerance ranges for each defined category.

Modeling & Rebalancing

Create, maintain and store multiple versions of a budget. Budgeting tools allow users to adjust account balances manually or by percentage variance. Budget at the entity, account, sub-account or individual level.

Budgeting

Utilize the Asset Management Module to record, track and depreciate assets. This module supports most commonly accepted methods and conventions of depreciation with user-definable schedules.

Asset Management

ARCHWAYCOMPANY OVERVIEW

15

Over the course of the last decade, Archway Technology Partners, LLC (“Archway”) has been at the forefront of the ultra high net worth consolidated accounting, investment management and reporting industry, by providing the single most comprehensive and powerful solution for empowering wealth management firms to more effectively and efficiently deploy, protect and grow client wealth.

Archway’s enterprise software and services suite has been purpose-built to serve the full universe of private wealth back, middle and front-office needs through a single, integrated technology platform. The proprietary platform supports performance reporting, complex partnership, portfolio and internal accounting capabilities alongside client fee billing, investment management and multi-asset data aggregation enabled by direct electronic integrations with the world’s leading banks and custodians. In addition to the operational platform, the state-of-the-art Veridium portal delivers end-clients and advisors an interactive, graphical and mobile-accessible view of the data and reporting.

Along with the extensive capabilities of the platform, Archway delivers industry-defining client service and adheres to rigorous data security. Rooted in the family office tradition of premium service and strict confidentiality, our solutions blend state-of-the art technology with disciplined operational processes and a highly-skilled support team that understand the unique requirements of managing complex wealth information. The superior quality of the support provided extends to our extensive, independently-verified security protocols. Our physical, systems and operational infrastructure have all been designed to meet and maintain the highest banking-quality confidentiality, security and availability standards at all times, at every level of security, from data encryption, to privacy and access controls, to personnel screening and disaster recovery.

One of the largest and most experienced providers, Archway is headquartered in Indianapolis, Indiana and has three additional offices located across the United States.

About Archway

DENVER, COINDIANAPOLIS, IN

NEW YORK, NY

PALM BEACH, FL

Archway Headquarters

[email protected]

+1.866.775.9994

ARCHWAY OFFICES

Ph: + [email protected]

OfficesIndianapolis | Denver | New York | Palm Beach

US Headquarters9100 Keystone Crossing, Ste. 830Indianapolis, IN 46240

www.archwaytechnology.net

ARCHWAY

a single, integrated solution for managing · pdf fileaccounts payable module accounts...

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