the wealth management industry – the americas · harris mycfo, inc., ... sample profiles for the...

The Wealth ManagementIndustry – The Americas

Sample entries of wealth managementcompanies from selected countries within theAmericas region

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Sample Profiles for the Wealth ManagementIndustry – The Americas

Sample Profiles for the WealthManagement Industry – The Americas

Canada

BMO Financial Group Bank ofMontreal

MAIN ADDRESS

100 King Street W, 1 First Canadian Place,21st Floor, Toronto, ON, M5X 1A1, Canada

Tel: +1 416-867-6785; Fax: +1 416-867-6793Web: www.bmo.com

SUBSIDIARIES AND ASSOCIATED COMPANIESRELATED TO PRIVATE BANKING

� Harris NA� Harris myCFO, Inc.� Bank of Montreal Harris Private Banking� BMO Nesbitt Burns

PRINCIPAL ADDITIONAL OFFICES

Harris NA, Harris Bank, 111 W MonroeStreet, Chicago, IL, 60603, USA

Fax: +1 312-461-7869Web: www.harrisbank.com

Harris myCFO, Inc., 111 W Monroe Street,Chicago, IL, 60603, USA

Fax: +1 312-765-8375Web: www.harrismycfo.com

Highworth Research Limited

1

Bank of Montreal Harris Private Banking, 1First Canadian Place, 10th Floor, P.O. Box150, Toronto, ON, M5X 1H3, Canada

Email: [email protected]: www.bmoharrisprivatebanking.com

BMO Nesbitt Burns, Private Client Division,1 First Canadian Place, Toronto, ON, M5X1H3, Canada

Web: www.bmonesbittburns.com

DIRECTORS’ NAMES AND JOB TITLES

Mr David A Galloway, Chairman of theBoard, BMO Financial Group

Mr William A Downe, President & ChiefExecutive Officer, BMO Financial Group

Mr Robert M Astley, DirectorMr Stephen E Bachand, DirectorMr David R Beatty, Chairman & Chief

Executive Officer, Beatinvest Ltd.;Managing Director, Canadian Coalitionfor Good Governance

Mr Robert Chevrier, President, Société degestion Roche, Inc.

Mr George A Cope, President & ChiefOperating Officer, Bell Canada

Mr Ronald H Farmer, Managing Director,Mosaic Capital Partners

Mr Harold N Kvisle, President & ChiefExecutive Officer, TransCanadaCorporation

Mrs Eva Lee Kwok, Chairman & ChiefExecutive Officer, Amara InternationalInvestment Corporation

Mr Bruce H Mitchell, Chairman & ChiefExecutive Officer, Permian Industries Ltd.

Mr Philip S Orsino, DirectorDr. Martha C Piper, DirectorMr J Robert S Prichard, President & Chief

Executive Officer, Torstar CorporationMr Jeremy H Reitman, President & Chief

Executive Officer, Reitmans (Canada) Ltd.Mrs Guylaine Saucier, DirectorMs Nancy C Southern, President & Chief

Executive Officer, ATCO Ltd. & CanadianUtilities Ltd.; Executive Vice President,Spruce Meadows

MANAGEMENT NAMES AND JOB TITLES

Mr David A Galloway, ChairmanMr William Downe, President & Chief

Executive OfficerMr Yvan J.P. Bordeau, Chief Executive

Officer, BMO Capital Markets; Head ofInvestment Banking Group

Ms Ellen M Costello, Chief Executive Officer,Harris Bankcorp, Inc.

Mr Barry K Gilmour, Group Head,Technology & Operations

Ms Karen E Maidment, Chief Financial &Administrative Officer

Mr L Jacques Ménard, Chairman, BMONesbitt Burns; President, Quebec Division

Mr Gilles G Ouellette, President & ChiefExecutive Officer, Private Client Group

Ms Rose M Patten, Senior Executive VicePresident, Head of Human Resources &Senior Leadership Advisor

Mr Frank Techar, President & Chief ExecutiveOfficer, Personal & Commercial Banking,Canada, BMO Financial Group

Dr. Sherry Cooper, Executive Vice President& Global Economic Strategist, BMOFinancial Group; Chief Economist, BMOCapital Markets

Ms Joan T Dea, Executive Vice President &Head of Strategic Management andCorporate Marketing, BMO FinancialGroup

Mr Thomas E Flynn, Treasurer & ExecutiveVice President, Finance, BMO FinancialGroup

Ms Sandra Hanington, Executive VicePresident, Customer Strategies & Marketing,P&C Banking Canada

Mr Maurice Hudon, Senior Executive VicePresident, Personal & CommercialBanking, Canada

Mr Neil R Macmillan, Executive VicePresident & Senior Risk Officer, InvestmentBanking Group

Mr Robert McGlashan, Executive VicePresident & Chief Risk Officer, EnterpriseRisk & Portfolio Management

Mr Thomas V Milroy, Co-President, BMOCapital Markets

Mr Graham Parsons, Executive VicePresident, Global Private Banking

Mr Michael R.P. Rayfield, Vice Chairman,Investment & Corporate Banking, BMOCapital Markets

Ms Penny Somerville, Executive VicePresident & Senior Market Risk Officer

Mr Eric C Tripp, Co-President, BMO CapitalMarkets

ANALYSIS OF BUSINESS

The Bank of Montreal Group (BMO) is oneof Canadas Big Five banks and a majorNorth American financial conglomerate.Headquartered in Toronto, BMO providesthrough its subsidiaries and affiliates a widerange of financial services for personal,corporate and private clients.

Affluent individuals and families areoffered family office services through BMOsprivate banking subsidiaries, Bank ofMontreal Harris Private Banking and HarrismyCFO, Inc., which include estate and taxplanning, advisory investment managementand charitable trust and foundation creation.Retirement planning and risk analysis arealso provided. Investment products andservices are provided by the Groupsbrokerage and securities division BMONesbitt Burns, and consist of bothconventional and alternative assets.


S A M P L E P R O F I L E S F O R T H E W E A L T H M A N A G E M E N T I N D U S T R Y – T H E A M E R I C A S

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Founded in 1817, BMO now has a globalpresence and is one of the largest financialgroups in the Americas. Its operations in theUS are primarily conducted through itswholly-owned subsidiary Harris Bank, whichit purchased in 1984. Harris Bank providesthe full range of BMO services, includingfamily office services through its myCFO,Inc. division.

Recent developments include the Groupspurchase of WI-based banks Ozaukee Bankand Merchants & ManufacturersBancorporation, Inc. in early March 2008,increasing Harris Banks presence in the USmidwest.

SUMMARY FINANCIAL STATEMENT

2008 2007(CAD$ m) (CAD$ m)

Pretax profit: 1,981.00 2,395.00Total assets: 416,050.00 366,524.00

YEAR FOUNDED

1817

SERVICES OFFERED

� Asset protection – Family Office Services;Estate Planning; Philanthropy Services;Trusts; Tax Planning; Foundations;Pensions; Insurance Products

� Banking Services – Card Services; CreditProducts; Deposits; Mortgages

� Investment management – AdvisoryManagement; Asset Allocation Strategies;Bonds; Hedge Funds; Real Estate; PrivateEquity; Mutual Funds; Equities; FixedIncome Funds

USA

Barclays Wealth Americas

MAIN ADDRESS

200 Park Avenue, 4th Floor, New York, NY,10166, USA

Tel: +1 212-526-2039Web:www.barclayswealth.com/files/americas.htm

PARENT COMPANY

Barclays PLC


� Barclays Wealth International Private Bank� Gerrard Investment Management Limited


Barclays Wealth Americas, 3414 PeachtreeRoad NE, Suite 200, Atlanta, GA, 30326,USA

Web:www.barclayswealth.com/files/americas.htm

Barclays Wealth Americas, 190 S LaSalleStreet, 25th Floor, Chicago, IL, 60603, USA


Barclays Wealth Americas, 1301 McKinneyStreet, Fulbright Tower, Suite 400,Houston, TX, 77010, USA


Barclays Wealth Americas, 1111 BrickellAvenue, 12th Floor, Miami, FL, 33131, USA


Barclays Wealth Americas, 450 Royal PalmWay, 5th Floor, Palm Beach, FL, 33480,USA



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Barclays Wealth Americas, 555 CaliforniaStreet, 30th Floor, San Francisco, CA,94104, USA


Barclays Wealth Americas, 125 High Street,16th Floor, Boston, MA, 02110, USA


Barclays Wealth Americas, 200 CrescentCourt, Suite 400, Dallas, TX, 75201, USA


Barclays Wealth Americas, 10250Constellation Boulevard, 25th Floor, LosAngeles, CA, 90067, USA


Barclays Wealth Americas, 1735 MarketStreet, Suite 3900, Philadelphia, PA, 19103,USA


Barclays Wealth Americas, 2001 K Street NW,Suite 1125, Washington, DC, 20006, USA



Mr Robert Lynch, Managing Director & Headof Credit Structuring for the Americas

Mr Paul Feidelson, Head of Product OfficeMr Torben Nielsen, Head of Balance SheetMr John Longley, Head of National Accounts

NUMBER OF CLIENTS

700,000


Barclays PLC is a major global financialservices provider engaged in retail andcommercial banking, credit cards, investmentbanking, wealth management andinvestment management. Operating in over50 countries and employing 135,000 people,almost 62,000 of which work in the UK,

Barclays plc move, lend, invest and protectmoney for over 30 million customers andclients worldwide, and has over 300 years ofhistory and expertise in banking.

Barclays Wealth is the wealth managementdivision of Barclays and operates throughBarclays Bank Plc and its subsidiaries.Barclays Wealth works closely with otherbusiness units from across the BarclaysGroup, including retail and commercialbanking in the UK and overseas, to helpindividuals and companies build and managetheir wealth. Barclays Wealth was launchedin October 2006. However, the individualbusiness areas that make up its wealthmanagement division, including PrivateBanking and Barclays Stockbrokers, havebeen in operation for many years as part ofthe wider Barclays Group. Barclays Wealthemploys over 7,700 staff in 20 differentcountries working towards its mission ofbecoming the Premier European WealthManager.

Barclays Wealth has total client assets ofGBP 133 billion worldwide (as at 30December 2007). This is a 14 percentincrease on 2006. 2007 also saw a 25 percentincrease in profits before tax to GBP 307million. Barclays Wealth serves affluent,high-net-worth and intermediary clientsworldwide. Barclays Wealth provides privatebanking, asset management, stock broking,offshore banking, wealth structuring andfinancial planning services.

Barclays Wealth Private Banking offersprivate banking services to wealthy clients inover 140 countries. It has a stronginternational presence particularly in Europe,the Middle East, Asia and Africa. Its privatebanking services are tailored towardsindividuals with a minimum of GBP 500,000(or currency equivalent) in investible assets.Barclays Wealth Private Banking offersInvestment Management, Wealth Structuringand Credit Solutions. Its InvestmentManagement division offers bothdiscretionary and advisory services forcomprehensive portfolio monitoring and



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equity portfolios. Investment productsinclude traditional funds, Barclays Wealthmulti-manager, structured products,alternative investments (hedge funds, privateequity and real estate), SIPP (Self InvestedPersonal Pension) account, self select ISA/PEP and Alternative Investment Market (AIM)portfolio services. The Wealth Structuringdivision offers the most common wealthstructures which are trusts, including partialdiscretionary trusts, reserved powers trusts,STAR trusts and a managed company whichis incorporated to hold assets and provideforeign estate tax protection.

Barclays Wealth also provides CreditSolutions. It offers a range of UK andinternational mortgages, a specialist servicein aircraft and marine finance, financialguarantees and loans. Barclays Wealth alsooffers tailored foreign exchange services.With teams based in London, the ChannelIslands, Geneva, Hong Kong and Singapore,they offer these services to improve clients’investment strategy.

In May 2008, Barclays Wealth continued todeliver profit growth in the first quarter. InSeptember 2008 Barclays Wealth announcedthat it had acquired Lehman Brothers PrivateInvestment Management, with 12 offices inthe US and South America and assets of $50bn. This move provides Barclays with asignificant presence in the American wealthmanagement market.

Financials below are for the global wealthoperations of Barclays.


2008 2007(£ million) (£ million)

Pretax profit: 132,671 132,307Total assets: 13,300 18,200Assets undermanagement(Private bank): 145,100 132,500

YEAR FOUNDED

2006

SERVICES OFFERED


� Banking Services – Card Services; CreditProducts; Current Accounts; Deposits;Mortgages

� Investment management – AdvisoryManagement; Asset Allocation Strategies;Discretionary Management; Bonds; CapitalProtection Products; Commodities;Derivatives; Hedge Funds; Real Estate;Structured Products; New Issues/IPOs;Private Equity; Mutual Funds; Equities;Foreign Exchange; Fixed Income Funds

� Other Services – Aircraft and MarineFinance

Bessemer Trust

MAIN ADDRESS

630 Fifth Avenue, New York, NY,10111-0333, USA

Tel: +1 212-708-9100; Fax: +1 212-265-5826Web: www.bessemer.com


Bessemer Trust, 3455 Peachtree Road NE,Suite 850, Atlanta, GA, 30326, USA

Fax: +1 404-264-1358Email: [email protected]: www.bessemer.com

Bessemer Trust, 2 International Place,Boston, MA, 02110, USA


Bessemer Trust, 70 W Madison Street, Suite4900, Chicago, IL, 60602, USA


Bessemer Trust, 300 Crescent Court, Suite800, Dallas, TX, 75201, USA

Fax: +1 214-981-9410


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Email: [email protected]: www.bessemer.com

Bessemer Trust, 601 S Figueroa Street, Suite4450, Los Angeles, CA, 90017, USA


Bessemer Trust, 801 Brickell Avenue, Suite2250, Miami, FL, 33131, USA


Bessemer Trust, 3777 Tamiami Trail N, Suite200, Naples, FL, 34103, USA


Bessemer Trust, 222 Royal Palm Way, PalmBeach, FL, 33480, USA


Bessemer Trust, 101 California Street, Suite2500, San Francisco, CA, 94111, USA


Bessemer Trust, 900 17th Street NW, Suite1000, Washington, DC, 20006, USA


Bessemer Trust, Nemours Building, 1007Orange Street, Suite 1450, Wilmington, DE,19801, USA


Bessemer Trust, 100 Woodbridge CenterDrive, Woodbridge, NJ, 07095-1191, USA


Bessemer Trust, 1 Stanhope Gate,Westminster, London, Greater London,W1K 1AF, UK


Bessemer Trust, P.O. Box 694, EdwardStreet, George Town, Grand Cayman,KY1-1107, Cayman Islands



Mr Stuart S, III Janney, Chairman of theBoard, Bessemer Trust


Mr John A, Jr. Hilton, Chief Executive OfficerMr Robert C Elliott, Senior Managing

DirectorMr Thaddeus R Shelly, Senior Managing

DirectorMr Marc D Stern, Chief Investment OfficerMr Steven Brandfield, Principal, New YorkMr Paul L, III Maddock, Senior Vice

President, New YorkMr Donovan B, Jr. Moore, Managing

Director, New YorkMs Debralee Nelson, Managing Director &

Business Development Officer, New York &Woodbridge

Ms Alexa D Wilson, Principal & BusinessDevelopment Officer, New York

Ms Katherine F McMaster, Managing Director& Senior Resident Officer, Atlanta

Mr Christopher G Allen, Principal, AtlantaMr Stephen B Kistner, Managing Director &

Senior Resident Officer, BostonMs Pamela Murray, Principal, BostonMr David E McNeel, Managing Director &

Senior Resident Officer, ChicagoMr Jeffrey H Jacobs, Principal, ChicagoMr Scott W Hancock, Managing Director &

Senior Resident Officer, DallasMr George Wilcox, Managing Director and

Western Region Head



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Mr Mark L Lipson, Managing Director &Senior Resident Officer, Los Angeles

Mr Jeff J Glowacki, Principal, Los AngelesOffice

Ms Kerry Lynn Rapport, Managing Director& Senior Resident Officer, Miami

Mr J Cristián Segui-Clausen, Principal, MiamiOffice

Mr W David Bunce, Managing Director &Senior Resident Officer, Naples

Mr Brandon Reid, Managing Director &Senior Resident Officer, Palm Beach

Mr Scott A Sandstrom, Senior Vice President,Palm Beach

Mr Thomas J, Jr. Frank, Managing Director &Senior Resident Officer, San Francisco

Mr Eric S Holt, Principal, San FranciscoMr Richard O, Jr. Vandenberg, Principal, San

FranciscoMr T Paul Dalzell, Senior Vice President, San

FranciscoMr Lawrence P, II Fisher, Managing Director

& Senior Resident Officer, Washington, DCMr Michael H Orfini, Principal, Washington,

DCMs Deborah L Chiumento, Managing

Director & Senior Resident Officer,Wilmington

Mr William J, Jr. Tyne, Managing Director &Senior Resident Officer, London

Mr Edward A Smith, Principal, CaymanIslands

Ms Holly Isdale, Deputy Head of FamilyWealth

Mr Willliam Forsyth, Senior FiduciaryCounsel

NUMBER OF CLIENTS

Approx. 1900 families


Originally established in 1907 as the familyoffice and private equity investment firmresponsible for managing the finances of thePhipps family, Bessemer Trust now offers itswealth management and fiduciary planning

services to multiple Ultra-HNW familiesacross the US. These services includeinvestment management in bothconventional and alternative assets, tax,retirement and estate planning, trust andfoundation creation, philanthropic assistanceand insurance analysis. Clients must have aminimum of $10m in investable assets.

Bessemer Trust has looked after thePhipps family wealth for over a hundredyears, but it was only in 1974 that the familyoffice started seeking other wealthy familiesto provide its services to. The New York,NY-based company now has over US $50bnin AuM held for more than 1800 clientfamilies worldwide, and operates 12 regionaloffices across the US. There are alsoadditional branches located in George Townin the Cayman Islands and London.

Senior Managing Director Robert Elliotstated that Bessemer Trust had enjoyed arecord year in 2008 in terms of adding newclients and assets under management, whichnow amount to over $50 billion..


2008(USD$ m)

Assets undermanagement(Private bank): 50,000

YEAR FOUNDED

1907

SERVICES OFFERED


� Investment management – AdvisoryManagement; Asset Allocation Strategies;Discretionary Management; Bonds;Commodities; Hedge Funds; Real Estate;Structured Products; Private Equity; MutualFunds; Equities; Fixed Income Funds


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Boston Private Financial Holdings,Inc.

MAIN ADDRESS

10 Post Office Square, Boston, MA, 02109,USA

Tel: +1 888-666-1363 / +1 617-912-1900;Fax: +1 617-912-3799 / +1 617-912-4511

Web: www.bostonprivate.com


� Borel Private Bank� Boston Private Bank� Charter Bank� First Private Bank & Trust� Gibraltar Bank & Trust


Mrs Lynn Thompson Hoffman, Lead DirectorMr Timothy L Vaill, ChairmanMr Herbert S Alexander, Founder, President

& Chief Executive Officer, Alexander,Aronson, Finning & Co., P.C.

Mr Peter C Bennett, DirectorMr Eugene S Colangelo, Chairman, Julio

EnterprisesMs Kathleen M Graveline, DirectorMr Adolfo Henriques, DirectorMs Deborah Foye Kuenstner, Chief

Investment Officer & Vice President,Investment Management, BrandeisUniversity

Mr Richard I, Jr. Morris, DirectorMr Walter M Pressey, President & Vice

Chairman, Boston Private FinancialHoldings, Inc.

Mr William J Shea, DirectorDr. Allen L Sinai, President, Chief Executive

Officer & Chief Global Economist/Strategist,Decision Economics, Inc.

Mr Stephen M Waters, Partner, CompassAdvisers; Chairman & Chief ExecutiveOfficer, Compass Partners International

Mr John Morton III, Director


Ms Margaret W Chambers, Executive VicePresident & General Counsel

Mr Joseph H Cromarty, Executive VicePresident & Chief Executive, WealthAdvisory & Investment Management

Mr David J Kaye, Executive Vice President &Chief Financial Officer

Mr James D Dawson, Executive VicePresident & Chief Executive Officer, PrivateBanking Group

Martha T Higgins, Executive Vice President,Human Capital Resources

Mr Walter M Pressey, President & ViceChairman

Mr Timothy L Vaill, Chairman of the Board,Chief Executive Officer


Boston Private Financial Holdings, Inc. is awealth management group that is comprisedof fourteen different firms, ranging fromprivate banks to wealth advisors. Founded in1988 following the formation of the BostonPrivate Bank & Trust Company two yearsearlier, BPFH went on to acquire and mergemultiple private banks and investment firmsall over the US. As of June 2007, it managedover USD$36bn in assets, but by the fourthquarter of 2008, this figure had shrunk toUSD$28.5bn.The bank recorded a loss ofUSD$24.9m in this quarter due to non-cashimpairment charges and higher loan lossprovisions. This increased the loss for the fullyear to $388 million. On the positive side,wealth advisory fees for the 4th quarterincreased 7% to $11.9 million while for thewhole year the bank had net inflows fromclients of USD$1bn.


2008 2007(US$ m) (US$ m)

Pretax profit: −457.82 28,518.42Total assets: 7,266.34 6,818.13Assets undermanagement(Private bank): 28,500.13

YEAR FOUNDED

1988



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SERVICES OFFERED

� Asset protection – Estate Planning;Philanthropy Services; Trusts; TaxPlanning; Foundations; Pensions;Insurance Products


� Investment management – AdvisoryManagement; Asset Allocation Strategies;Discretionary Management; Bonds;Derivatives; Real Estate; StructuredProducts; Private Equity; Mutual Funds;Equities; Foreign Exchange; Fixed IncomeFunds

Brown Brothers Harriman & Co.

MAIN ADDRESS

Corporate Headquarters, 140 Broadway, NewYork, NY, 10005-1101, USA

Tel: +1 212-483-1818 / +1 212-493-8379(Wealth Management U.S.) / +1212-493-8894 (Wealth ManagementInternational); Fax: +1 212-493-8545

Email: [email protected] (WealthManagement U.S.) / [email protected](Wealth Management International)Web: www.bbh.com


Brown Brothers Harriman & Co., 40 WaterStreet, Boston, MA, 02109-3661, USA

Email: [email protected] (WealthManagement)Web: www.bbh.com

Brown Brothers Harriman & Co., 125 SWacker Drive, Suite 2150, Chicago, IL,60606-4402, USA


Brown Brothers Harriman & Co., 2001 RossAvenue, Suite 2500, Dallas, TX,75201-2932, USA


Brown Brothers Harriman & Co., ButterfieldHouse, P.O. Box 2330, Fort Street, GeorgeTown, Grand Cayman, Cayman Islands

Web: www.bbh.com

Brown Brothers Harriman & Co., 1531Walnut Street, Philadelphia, PA,19102-3098, USA


Brown Brothers Harriman & Co., 227 WTrade Street, Suite 2100, Charlotte, NC,28202-1675, USA


Brown Brothers Harriman & Co., NewportTower, 525 Washington Boulevard, JerseyCity, NJ, 07310, USA

Web: www.bbh.com

Brown Brothers Harriman & Co., 240 RoyalPalm Way, Palm Beach, FL, 33480, USA

Web: www.bbh.com

Brown Brothers Harriman Trustee Services(Ireland) Ltd., Styne House, Upper HatchStreet, Dublin 2, Ireland

Fax: +353 1-603-6300Web: www.bbh.com

Brown Brothers Harriman (Hong Kong) Ltd.,Unit 1507, Level 15, InternationalCommerce Centre, 1 Austin Road West,Kowloon, Hong Kong, Hong Kong S.A.R.

Fax: +852 3756-1799Web: www.bbh.com

Brown Brothers Harriman Ltd., VeritasHouse, 125 Finsbury Pavement, London,Greater London, EC2A 1PN, UK

Web: www.bbh.com

Brown Brothers Harriman (Luxembourg)S.C.A, 2-8 Avenue Charles De Gaulle, B.P.


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403, Luxembourg City, L-2014,Luxembourg

Fax: +352 47-05-80Web: www.bbh.com

Brown Brothers Harriman InvestmentServices (Japan), Inc., 1-2-8 Toranomon,Minato-ku, Tokyo, Tokyo Prefecture,105-0001, Japan

Web: www.bbh.com

Brown Brothers Harriman Services AG,Bärengasse 25, Zürich, Canton of Zürich,CH-8001, Switzerland

Web: www.bbh.com


Mr Douglas A, Jr. Donahue, ManagingPartner

Mr J William Anderson, Limited PartnerMr Glenn E Baker, PartnerMr Peter B Bartlett, Limited PartnerMr Thomas E Berk, PartnerMr Brian A Berris, PartnerMr Taylor S Bodman, PartnerMr John J Borland, PartnerMr Timothy J Connelly, PartnerMr Anthony T Enders, PartnerMr Alexander T Ercklentz, PartnerMr Dario Galindo, PartnerMr John A Gehret, PartnerKathryn C George, PartnerMr Elbridge T, Jr. Gerry, PartnerMr Robert R Gould, PartnerKyosuke Hashimoto, PartnerLandon Hilliard, PartnerMr Jeffrey R Holland, PartnerMr Charles O Izard, PartnerMr Radford W Klotz, PartnerSusan C Livingston, PartnerMr T Michael Long, PartnerMr Hampton S, Jr. Lynch, PartnerMr Michael W McConnell, PartnerMr John P Molner, PartnerMr William H, III Moore, PartnerMr Donald B Murphy, PartnerYukinori Nagahisa, PartnerMr John A Nielsen, PartnerA Heaton Robertson, Partner

Mr Jeffrey A Schoenfeld, Partner & ChiefInformation Officer

Mr W Carter, III Sullivan, PartnerStokley P Towles, PartnerMr Andrew J.F. Tucker, PartnerMr Lawrence C Tucker, PartnerMr William B Tyree, PartnerMr Douglas C Walker, PartnerMr William J, Jr. Whelan, PartnerMr Richard H, Jr. Witmer, PartnerMr Robert G Bergman, Managing DirectorMr James B Bertles, Managing DirectorMr Mark E Bevilacqua, Managing DirectorMr Charles H, Jr. Blood, Managing DirectorMr G Scott Clemons, Managing DirectorMr Barry M Connell, Managing DirectorMr Geoffrey M Cook, PartnerMr John D Chaparro, Managing DirectorMr Carl S Cutler, PartnerMr Edward Devine, Managing DirectorMr Joseph P Donlan, Managing DirectorChristine A Donovan, Managing DirectorPatricia R Fallon, Managing DirectorMr Walter W Grist, Managing DirectorMr J Edward Hall, Managing DirectorAnn M Hannaford, Managing DirectorMr Timothy E Hartch, Managing DirectorMr John R Hass, Managing DirectorMr Scott R Hill, Managing DirectorMr Andrew P Hofer, Managing DirectorMr Jeffrey J Idler, Managing DirectorMr Donald F Jannazzo, Managing DirectorMr Mark W Johnson, Managing DirectorMr James Kaplan, General Counsel &

Managing DirectorMr James R Kent, Managing DirectorMr Jared S Keyes, Managing DirectorMr John J Lee, Managing DirectorMr Joseph A Lifrieri, Managing DirectorMr Jeffrey C Lockwood, Managing DirectorMr Peter A Lorraine, Managing DirectorMr Edmund A Marcarelli, Managing DirectorMr Harry J Martin, Managing DirectorMr Gerard A McCauley, Managing DirectorMr Thomas J, III McDonald, Managing

DirectorMr Jeffrey B Meskin, Managing DirectorMr Geoffrey J Mills, Managing Director



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Mr James J, Jr. Minogue, Managing DirectorMr John P Nelson, Managing DirectorMr J Clark O’Donoghue, Managing DirectorMr Stephen B Owen, Managing DirectorSeán Páircéir, Managing DirectorMr Jean-Pierre Paquin, Managing DirectorMr Mark H, Jr. Payson, Managing DirectorMr Peter Poulin, Managing DirectorF Meade Reynolds, Managing DirectorMr John C, Jr. Santos, Managing DirectorMr Jeffrey J Scott, Managing DirectorMr Gregory S Steier, Managing DirectorMr Kevin W Stone, PartnerMr Edward X Tune, Managing DirectorMaroa C Velez, Controller & Managing

DirectorMr Patrick J Walsh, Managing DirectorMr Seth C Ward, Managing Director


Brown Brothers Harriman & Co. (BBH) isone of the US’ oldest and largest privatebanks, with locations in eight countriesaround the world and over USD$44bn inclient AuM. The firm provides acomprehensive range of advisory services toboth corporate and individual clients,including investment management intraditional and alternative assets such asprivate equity, hedge funds and real estate.

The firm also offers tax planning, estateadministration, trust capabilities and otherfiduciary services through its regional TrustCompany subsidiaries. In addition toadvisory services the company providessecure international corporate banking tomedium-sized businesses.

BBH was formed in 1931 from a mergerbetween Philadelphia, PA-based merchantbanking firm Brown Brothers & Co., NewYork, NY-headquartered Harriman Brothers& Co. and A. Harriman & Co., and has eightoffices in the US, with international brancheslocated in London, Dublin, Tokyo, Zurich,Hong Kong, Luxembourg and George Townin the Cayman Islands.


2008 2007(US$ m) (US$ m)

Total assets: 6,181.27 5,413.67Assets undermanagement(Private bank): 44,00067

YEAR FOUNDED

1931

SERVICES OFFERED

� Asset protection – Estate Planning;Philanthropy Services; Trusts; TaxPlanning; Foundations; Pensions;Insurance Products

� Banking Services – Credit Products;Deposits; Mortgages

� Investment management – AdvisoryManagement; Asset Allocation Strategies;Discretionary Management; Bonds; CapitalProtection Products; Commodities;Derivatives; Hedge Funds; Real Estate;Structured Products; Private Equity;Offshore Funds; Mutual Funds; Equities;Foreign Exchange; Fixed Income Funds

City National Corporation

MAIN ADDRESS

City National Center, 400 N Roxbury Drive,Beverly Hills, CA, 90210, USA

Tel: +1 310-888-6000; Fax: +1 310-858-3334Web: www.cnb.com


� Convergent Wealth Advisors


City National Bank Private Client Services,400 Park Avenue, 20th & 21st Floors, NewYork, NY, 10022, USA

Web: www.cnb.com/wms

City National Bank Private Client Services,City National Center, 400 North Roxbury


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Drive, 2nd Floor, Beverly Hills, CA, 90210,USA


City National Bank Private Client Services,2029 Century Park E, Los Angeles, CA,90067, USA


City National Bank Private Client Services,501 W Broadway, San Diego, CA, 92101,USA


City National Bank Private Client Services,15260 Ventura Boulevard, 16th Floor,Sherman Oaks, CA, 91403, USA


City National Bank Private Client Services,150 California Street, 12th Floor, SanFrancisco, CA, 94111, USA


City National Bank Private Client Services,18111 Von Karman Avenue, Suite 110,Irvine, CA, 92612, USA


City National Bank Private Client Services,3000 El Camino Real, Suite 100, Palo Alto,CA, 94306, USA


City National Bank Private Client Services,4275 Executive Square, Suite 750, La Jolla,CA, 92037, USA


City National Bank Private Client Services,3484 Central Avenue, Riverside, CA, 92506,USA


City National Bank Private Client Services,555 S Flower Street, 12th Floor, LosAngeles, CA, 90071, USA


City National Bank Private Client Services,2101 Webster Street, Oakland, CA, 94612,USA


City National Bank Private Client Services,2001 N Main Street, Suite 200, WalnutCreek, CA, 94596, USA


City National Bank Private Client Services –Trust & Investment Services, 225Broadway, San Diego, CA, 92101, USA



Mr Russell Goldsmith, President & ChiefExecutive Officer, City NationalCorporation; Chairman of the Board &Chief Executive Officer, City National Bank

Mr Bram Goldsmith, Chairman of the Board,City National Corporation

Mr Christopher J Warmuth, President, CityNational Bank

Mr Richard L Bloch, Partner, CLB PartnersMr Kenneth L Coleman, Chairman, Accelrys,

Inc.Linda Griego, President & Chief Executive

Officer, Griego Enterprises, Inc.Ashok Israni, President & Chairman, Pacifica

CompaniesMr Michael L Meyer, Chief Executive Officer,

Michael L Meyer Co.Mr Ronald L Olson, Partner, Munger, Tolles

& Olson, LLPMr Bruce Rosenblum, President, Warner

Bros. Television GroupMr Peter M Thomas, Managing Partner,

Thomas & Mack Co.Mr Kenneth Ziffren, Partner, Ziffren,

Brittenham, Branca, Fischer, Gilbert-Lurie,Stiffleman, Cook, Johnson, Lande & Wolf,LLP


Mr Russell Goldsmith, Chairman, President &Chief Executive Officer, City NationalBank; President & Chief Executive Officer,City National Corporation

Mr Bram Goldsmith, Chairman of the Board,City National Corporation

Mr Christopher J Warmuth, President, CityNational Bank; Executive Vice President,City National Corporation



12

Mr Christopher J Carey, Executive VicePresident & Chief Financial Officer, CityNational Corporation & City National Bank

Mr John J Beale, Executive Vice President &Chief Information Officer

Mr George H, Jr. Benter, Vice Chairman,City National Bank

Mr Robert H Brant, Executive Vice President,Northern California Division

Mr Richard Gershen, Executive VicePresident, Wealth Management

Mr Michael B Cahill, Executive VicePresident, General Counsel & Secretary,City National Corporation & City NationalBank

Mr Kevin P Dunigan, Executive VicePresident, Core Banking & RegionalExecutive, Orange County

Mr Brian Fitzmaurice, Executive VicePresident & Chief Credit Officer

Mr Mark J Forbes, Executive Vice President,Real Estate

Mr Rod Banks, Executive Vice President,Commercial Banking Services

Martha Henderson, Executive Vice President,Entertainment

Gwen T Miller, Executive Vice President,Private Banking, Los Angeles

Mr Thomas R Miller, Executive VicePresident, Marketing

Mr John Pedersen, Executive Vice President &Senior Risk Management Officer, CityNational Corporation & City National Bank

Mr T Richard Shier, Executive Vice President,Banking & Investment Services

Mr Robert Glaser, Manager of PrivateBanking and Wealth ManagementServices, Nevada

Mr Lee Pullan, Manager of Private Bankingand Wealth Management Services, Nevada

Ms Gina Gentleman, Vice President, LasVegas

Mr Ernesto Alvarez, Vice President andPrivate Client Advisor

Mr Kevin McCarthy, Senior Vice President,Manager for Private Client Services

Mr James R Daley, Executive Vice President,Treasury Services

Mr Robert M Iritani, Executive Vice President,Specialty Banking

Marianne Lamutt, Executive Vice President,Human Resources

Mr Michael Pagano, Executive Vice President,Private Banking Services

Mr Richard A Weiss, Executive Vice President& Chief Investment Officer, City NationalBank


City National Corporation is the holdingcompany for City National Bank (CNB), aBeverly Hills, CA-based commercial bankwhich operates a network of branch officesthroughout California, Nevada and NewYork, NY. In addition to general personaland corporate banking services CNB catersto more affluent clients through its PrivateClient Services (PCS) division.

Wealth management services provided byPCS include tax and estate planning, privatetrust and foundation administration,insurance analysis, retirement planning,private banking facilities, multi-generationalwealth transfer strategies and advisoryinvestment management. Clients can alsoobtain specialised portfolio counsel in moreunconventional assets such as private equity,venture capital and real estate.

HNW and Ultra-HNW clients can obtainhighly specialised private wealthmanagement services from CNB’swholly-owned subsidiary Convergent WealthAdvisors. Convergent, originally namedLydian Wealth Management, was acquiredand renamed in late 2007.

City National Bank was originally formedin 1954 to cater mainly to entertainment andproperty businesses and their executivesbased in southern California. Over thefollowing decades the bank expandedoutside the state, and as of Dec. 31, 2007 thecompany has more than 60 branch officesand nearly USD$16bn in total assets.


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2008 2007(US$ m) (US$ m)

Pretax profit: 16,152.36 16,353.37Total assets: 16,455.51 15,889.29

YEAR FOUNDED

1954

SERVICES OFFERED



� Investment management – AdvisoryManagement; Asset Allocation Strategies;Bonds; Real Estate; Private Equity;Equities; Fixed Income Funds

GenSpring Family Offices

MAIN ADDRESS

3801 PGA Boulevard, Suite 555, Palm BeachGardens, FL, 33410, USA

Tel: +1 561-746-8444Web: www.genspring.com;www.amaglobal.com

PARENT COMPANY

SunTrust Bank


GenSpring Family Offices, 13-15 W 14thStreet, 3rd Floor, New York, NY, 10019,USA

Email: [email protected]: www.genspring.com;www.amaglobal.com

GenSpring Family Offices, The Chase Tower,4445 Willard Avenue, Suite 1010, ChevyChase, MD, 20815, USA


GenSpring Family Offices, 601 Brickell KeyDrive, Suite 902, Miami, FL, 33131, USA


GenSpring Family Offices, 1 RiversideBuilding, 4401 Northside Parkway, Suite120, Atlanta, GA, 30327, USA


GenSpring Family Offices, 2 MorrocroftCentre, 4064 Colony Road, Suite 195,Charlotte, NC, 28211, USA


GenSpring Family Offices, 4 GreenwichOffice Park, Greenwich, CT, 06831, USA


GenSpring Family Offices, 300 S OrangeAvenue, Suite 775, Orlando, FL, 32801,USA


GenSpring Family Offices, 50 CentralAvenue, Suite 950, Sarasota, FL, 34236,USA


GenSpring Family Offices, 450 CarillonParkway, Suite 200, St. Petersburg, FL,33716, USA


GenSpring International, 701 BrickellAvenue, Suite 2100, Miami, FL, 33131, USA

Fax: +1 305-825-7790



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Email: [email protected]: www.tbkinvestments.com

GenSpring Family Offices, 151 Kalmus Drive,Suite J-1, Costa Mesa, CA, 92626, USA

Email: [email protected]: www.genspring.com;www.cymricfamilyoffice.com

GenSpring Family Offices, 3475 PiedmontRoad NE, Suite 1600, Atlanta, GA, 30305,USA

Email: [email protected]: www.genspring.com

GenSpring Family Offices, 150 S US Highway1, Suite 400, Jupiter, FL, 33477, USA


GenSpring Family Offices, 2355 E CamelbackRoad, Suite 750, Phoenix, AZ, 85016, USA



Maria Elena Lagomasino, Chief ExecutiveOfficer

Mr Michael Holden, Chief Operating OfficerMr Michael Zeuner, Senior Executive PartnerMr Henry Perry, Founder & Chairman

EmeritusMr Andrew P Mehalko, Vice President &

Chief Investment OfficerMr David Bokman, Chief Wealth Advisory

OfficerMr Steve Barimo, Chief Marketing OfficerMr William P Barbeosch, Chief Fiduciary

OfficerMr John T Elmes, Senior PartnerMr Eamon Kelly, Director of Human

ResourcesSusan Parsons, President, AtlantaMr T Michael Henderson, Chairman, South

RegionMr Michael Woocher, President, Atlanta

(Buckhead Office)Mr Christopher H.A. Cecil, President,

Charlotte

Mr Eric Ridenour, Managing Director,Charlotte

Patricia M Soldano, President, SouthernCalifornia

Mr Kenneth R, Jr. Russell, President,Greenwich

Mr Ralph Wyman, Chairman, GreenwichJulie Neitzel, President, MiamiMr Bruce Arella, President, New YorkMr Stephen G Salley, Co-Chairman, FL

Central, SW & Tampa Bay RegionsJoEllen Ross, Co-Chairman, FL Central, SW &

Tampa Bay RegionsNicole Gokey, President, OrlandoMr Hunter Wilson, President, JupiterMr Mark D Feldman, Chairman, PhoenixMr Jim Brennan, President, St. Petersburg &

SarasotaMr John Devine, Chairman, Chevy ChaseMr Santiago Ulloa, Chief Executive Officer &

President, GenSpring InternationalMr J Scott Donald, Manager, GenSpring

InternationalMr Manuel Roberto Manotas, Manager,

GenSpring InternationalMr Alejandro Estrada, Associate Partner,

GenSpring InternationalMr Paul Hoffmann, Chief Operating Officer &

Chief Compliance Officer, GenSpringInternational

Mr Cesar Pachon, Co-Chief InvestmentOfficer, GenSpring International

Mr Gerardo Nout, Co-Chief InvestmentOfficer, GenSpring International

Mr Cesar Maldonado, Senior Vice President,Business Development & Client Services,GenSpring International

Ms Maria Pia Leon, Senior Vice President,GenSpring International

Mr Gabriel Freund, Senior Financial Analyst,GenSpring International

Ms Carolina Salazar, Systems Manager,GenSpring International


GenSpring Family Offices is a multi-familyoffice and wealth management firm


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headquartered in Palm Beach Gardens, FL.Originally established in 1989 as AssetManagement Advisors by Hap and EllenPerry and several other families, thecompany now manages assets for over 700families across the US, representing nearlyUSD$15bn in family assets underadvisement.

In 2001, GenSpring became an affiliate ofSunTrust Bank (NYSE:STI), which now ownsa majority interest in the company.

Acquisitions in the past few years includethe firm January 2008 purchase of InlignWealth Management, a Phoenix, AZ-basedcompany which now manages GenSpring’sfamily office operations in the southwesternUS. In addition, in January 2009 GenSpringcompleted its acquisition of Costa Mesa,CA-based MFO Cymric Family OfficeServices, expanding its presence in Californiaand signficantly increasing its assets.

In April 2009 GenSpring acquired Denver,CO-headquartered multi-family office firmEpic Advisors. The purchase should becompleted some time during 2009 or early2010. As of June 2009 GenSpring hasannounced plans to expand into themidwestern US.

The figures for assets under managementbelow are estimates.


2008 2007(US$ m) (US$ m)

Assets undermanagement(Private bank): 16,000 15,000

YEAR FOUNDED

1989 (Asset Management Advisors)

SERVICES OFFERED

� Asset protection – Family Office Services;Estate Planning; Philanthropy Services;Trusts; Tax Planning; Foundations

� Investment management – AdvisoryManagement; Asset Allocation Strategies

Goldman Sachs Group, Inc.

MAIN ADDRESS

Corporate Headquarters, 85 Broad Street,New York, NY, 10004, USA

Tel: +1 212-902-1000; Fax: +1 212-902-3000Web: www2.goldmansachs.com


Goldman, Sachs & Co., 3414 Peachtree RoadNE, Suite 600, Atlanta, GA, 30326, USA

Web: www2.goldmansachs.com

Goldman, Sachs & Co., 125 High Street, 17thFloor, Boston, MA, 02110, USA


Goldman, Sachs & Co., 71 S Wacker Drive,Suite 500, Chicago, IL, 60606, USA


Goldman, Sachs & Co., 100 Crescent Court,Suite 1000, Dallas, TX, 75201, USA


Goldman, Sachs & Co., 1000 Louisiana Street,Suite 550, Houston, TX, 77002, USA


Goldman, Sachs & Co., 30 Hudson Street,Jersey City, NJ, 07302, USA


Goldman, Sachs & Co., Fox Plaza, Suite2600, 2121 Avenue of the Stars, LosAngeles, CA, 90067, USA


Goldman, Sachs & Co., First Union FinancialCenter, 200 S Biscayne Boulevard, Suite3700, Miami, FL, 33131, USA


Goldman Sachs Asset Management, 32 OldSlip, 17th Floor, New York, NY, 10005,USA


Goldman, Sachs & Co., Mellon Bank Center,1735 Market Street, 26th Floor,Philadelphia, PA, 19103, USA




16

Goldman, Sachs & Co., 701 Mt. Lucas Road,Princeton, NJ, 08540, USA


Goldman, Sachs & Co., 295 Chipeta Way,Salt Lake City, UT, 84108, USA


Goldman, Sachs & Co., 555 California Street,45th Floor, San Francisco, CA, 94104, USA


Goldman, Sachs & Co., 719 2nd Avenue,Suite 1300, Seattle, WA, 98104, USA


Goldman, Sachs & Co., 2502 Rocky PointDrive, Suite 500, Tampa, FL, 33607, USA


Goldman, Sachs & Co., 101 ConstitutionAvenue NW, Suite 1000 E, Washington,DC, 20001, USA


Goldman, Sachs & Co., 777 South Flagler,Suite 1200 – E Tower, West Palm Beach,FL, 33401, USA


Goldman, Sachs & Co. Private WealthManagement, 1 New York Plaza, 41stFloor, New York, NY, 10004, USA

Web: www2.goldmansachs.com/services/investing/private-wealth-management


Mr Lloyd C Blankfein, Chairman & ChiefExecutive Officer, The Goldman SachsGroup, Inc.

Mr Jon Winkelried, President & Co-ChiefOperating Officer, The Goldman SachsGroup, Inc.

Mr Gary D Cohn, President & Co-ChiefOperating Officer, The Goldman SachsGroup, Inc.

Mr John H BryanMr Claes Dahlbäck, Senior Advisor, Investor

AB & Senior Advisor, Foundation AssetManagement

Mr Stephen Friedman, Chairman, StonePoint Capital

Mr William W GeorgeMr Rajat K Gupta, Senior Partner Emeritus,

McKinsey & Co.Mr James A Johnson, Vice Chairman,

Perseus, LLCMs Lois D JuliberMr Lakshmi N Mittal, Chairman & Chief

Executive Officer, ArcelorMittal S.A.Dr. Ruth J Simmons, President, Brown

UniversityMr John F W Rogers, Secretary to the Board


Mr Lloyd C Blankfein, Chairman & ChiefExecutive Officer

Mr Jon Winkelried, President & Co-ChiefOperating Officer

Mr Gary D Cohn, President & Co-ChiefOperating Officer

Mr John S Weinberg, Vice ChairmanMr J Michael Evans, Vice ChairmanMr Michael S Sherwood, Vice ChairmanMr David A Viniar, Executive Vice President

& Chief Financial OfficerMr Gregory K Palm, Executive Vice President,

General Counsel & Secretary of theCorporation

Ms Esta E Stecher, Executive Vice President,General Counsel & Secretary of theCorporation

Mr Alan M Cohen, Executive Vice President &Global Head of Compliance

Mr Kevin Kennedy, Executive Vice President,Human Capital Management


The Goldman Sachs Group, Inc. is adiversified, multinational financial servicescorporation headquartered in New York, NY.The firm provides an extremely wide rangeof products and services to institutional andprivate clients, from individual investors toglobal conglomerates. HNW individuals andfamilies are served by the Groups PrivateWealth Management (PWM) division, whichoperates in all the US major regionalfinancial centers.


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Services provided by the PWM divisioninclude private banking and trustmanagement facilities, assistance inadministrating foundations, endowments andother charitable vehicles, tax and estateplanning, pensions and advisory investmentmanagement. Clients can also obtainspecialised analysis and monitoring in lesstraditional asset classes, such as hedge funds,derivatives, natural resources, currencyexchange, private equity and real estate.

The Group, formed in 1869, quicklybecame one of the largest financial traders ofthe early 20th Century but soon focused itsattention on investment banking instead. Thecompany continued to expand throughoutthe following decades, establishing its AssetManagement division in 1986 andunderwriting a number of noteworthy IPOs,such as Microsoft. In 1999 Goldman Sachswent public itself, although nearly half of thecompany is still held by the firms partners.

During the recent economic crisisGoldman Sachs appeared far more resilientthan many of the US other major investmentbanks, although its strong performanceduring 2007 has given way to a number oflosses in the latter half of 2008. As of Augustthe Group had USD$1.08trn in total assetsand a net income loss of approximatelyUSD$3.6bn. Assets under managementamounted to USD$863bn, up fromUSD$796bn in Q3 2007.

In mid-December 2008 the Groups CFO,David Viniar, announced plans to increasethe firms deposit base from USD$20bn tobetween USD$50-100bn throughout 2009.


2008 2007(US$ million) (US$ million)

Pretax profit: 2,336 1,117,604Total assets: 884,547 1,119,796Assets undermanagement(Private bank): 215,000 1,219,000

YEAR FOUNDED

1869

SERVICES OFFERED


� Banking Services – Credit Products;Deposits; Mortgages

� Investment management – AdvisoryManagement; Asset Allocation Strategies;Bonds; Commodities; Derivatives; HedgeFunds; Real Estate; Structured Products;Private Equity; Mutual Funds; Equities;Foreign Exchange; Fixed Income Funds

Northern Trust Corporation

MAIN ADDRESS

50 S LaSalle Street, Chicago, IL, 60603, USATel: +1 312-630-6000; Fax: +1 312-444-7843Web: www.northerntrust.com


Northern Trust Bank, 65 E 55th Street, 24thFloor, New York, NY, 10022, USA

Fax: +1 212-339-7274Web: www.northerntrust.com

Northern Trust Bank, 1 International Place,Suite 1600, Boston, MA, 02110, USA

Web: www.northerntrust.com

Northern Trust Bank, 700 Brickell Avenue,Miami, FL, 33131, USA


Northern Trust Bank, 5540 Preston Road,Dallas, TX, 75205, USA


Northern Trust Bank, 2020 Ross Avenue,Dallas, TX, 75201, USA




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Northern Trust Bank, 2701 Kirby Drive,Houston, TX, 77098, USA


Northern Trust Bank, 600 Bering Drive,Houston, TX, 77057, USA


Northern Trust Bank, 355 S Grand Avenue,Suite 2600, Los Angeles, CA, 90071, USA


Northern Trust Bank, 10877 WilshireBoulevard, Suite 100, Los Angeles, CA,90024, USA


Northern Trust Bank, 4370 La Jolla VillageDrive, Suite 1000, San Diego, CA, 92122,USA


Northern Trust Bank, 580 California Street,Suite 1800, San Francisco, CA, 94104, USA


Northern Trust Corporation, 1573 MarketStreet, Denver, CO, 80202, USA


Northern Trust Bank FSB, 3282 NorthsideParkway NW, Suite 100, Atlanta, GA,30327, USA


Northern Trust Bank FSB, 1414 4th Avenue,Seattle, WA, 98101, USA


The Northern Trust Company of Connecticut,300 Atlantic Street, Suite 400, Stamford, CT,06901-3540, USA


Northern Trust Corporation, 1201 MarketStreet, Suite 1202, Wilmington, DE, 19801,USA


Northern Trust Bank FSB, 200 Public Square,Suite 1950, Cleveland, OH, 44114, USA


Northern Trust Bank FSB, 161 OttawaAvenue, Grand Rapids, MI, 49503, USA


Northern Trust Bank FSB, 526 E WisconsinAvenue, Milwaukee, WI, 53202, USA


Northern Trust Corporation, 80 S 8th Street,Minneapolis, MN, 55402, USA


Northern Trust Bank FSB, 190 CarondeletPlaza, St. Louis, MO, 63105, USA


Northern Trust Bank FSB, 1995 VillageCenter Circle, Las Vegas, NV, 89134, USA


Northern Trust Bank, 2398 E CamelbackRoad, Suite 400, Phoenix, AZ, 85016, USA


Northern Trust, 50 Bank Street, CanaryWharf, London, Greater London, E14 5NT,UK



Ms Linda Walker Bynoe, President & ChiefExecutive Officer, Telemat Ltd.

Mr Nicholas D Chabraja, Chairman & ChiefExecutive Officer, General DynamicsCorporation

Ms Susan Crown, Vice President, HenryCrown & Co.


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Mr Dipak C Jain, DirectorMr Arthur L Kelly, Managing Partner, KEL

Enterprises LPMr Robert C McCormack, DirectorMr Edward J Mooney, DirectorMr William A Osborn, Chairman of the

Board & Chief Executive Officer, NorthernTrust Corporation

Mr John W Rowe, Chairman, President &Chief Executive Officer, Exelon Corporation

Mr Harold B Smith, Chairman of theExecutive Committees, Illinois Tool Works,Inc.

Mr William D Smithburg, DirectorMr Enrique J Sosa, DirectorMr Charles A, III Tribbett, Managing

Director, Russell Reynolds AssociatesMr Frederick H Waddell, President & Chief

Operating Officer, Northern TrustCorporation

Ms Kathy Dugan, Senior Vice President


Mr Dan Houlihan, Global Head of Productand Strategy

Mr William A Osborn, Chairman of theBoard & Chief Executive Officer

Mr Frederick H Waddell, President & ChiefExecutive Officer

Sherry S Barrat, President, PersonalFinancial Services

Mr Steven L Fradkin, Executive Vice President& Chief Financial Officer

Mr Timothy P Moen, Executive Vice President& Head of Human Resources andAdminstration

Mr William L Morrison, President, PersonalFinancial Services

Mr Stephen N Potter, President NorthernTrust Global Investments

Jana R Schreuder, President, Operations &Technology

Joyce St. Clair, Executive Vice President &Head of Corporate Risk Management

Mr Timothy J Theriault, President, Corporate& Institutional Services

Kelly R Welsh, Executive Vice President &General Counsel

Mr Keith Gossler, Chief Banking OfficerMr Gregg Yaeger, Senior Vice President,

Financial Consulting GroupMr John Skjervem, Senior Vice President,

Investment ManagementMr R Hugh Magill, Chief Fiduciary OfficerMarguerite Griffin, National Director of

Philanthropic ServicesMr Douglas Regan, President, The Wealth

Management GroupMr Robert Browne, Chief Investment Officer


Northern Trust Corporation (NTC) is adiversified financial services company andone of the largest wealth managers in theUS. The firm provides a variety of productsand services, ranging from corporate andinstitutional finance to personal fiduciaryassistance and investment management forHNW individuals and families.

Clients in the US have access to a range ofservices, including secure private bankingfacilities, portfolio management, taxcompliance planning, estate and legacyco-ordination and family office services.Retirement planning and charitable giftingstrategies are also offered.

NTC’s Wealth Management Groupdivision, which caters to the corporation’smost affluent clients, offers comprehensivefinancial and fiduciary assistance to HNWfamilies, including specialised services suchas multi-generational wealth transferstrategies, cash and budget management, taxand accountancy co-ordination, private trustand foundation administration, private familybanking and document and family archivepreservation. Tax-advantaged offshore trusts,as well as Delaware trusts, are also available.

As well as traditional equity- and fixedincome-based assets, NTC also offersalternative asset management for clients withholdings in natural resources or real estate,and additionally provides assistance to thoselooking to invest in hedge funds or exploreprivate equity opportunities. Investmentservices are provided by the Corporation’s



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brokerage division, Northern Trust GlobalInvestments.

Northern Trust Corporation, established in1889 as the Northern Trust Company, wasset up to provide Chicago’s wealthiestresidents with complete management andassistance in their financial affairs, and hascontinued to do so for nearly 120 years.

The company now looks after the financesof more than a fifth of the US’ wealthiestfamilies, with USD$778.6bn in client assetsunder management as of Mar. 31, 2008, andoperates a network of offices in 18 statesacross the country. An additional office islocated in London, UK, which also overseesall wealth management operations in Africaand the Middle East. Recent developmentsinclude plans announced in April 2008 toopen a representative office in Abu Dhabi inthe UAE.

As of December 2008, Northern Trust hadassets under custody of $3.0 trillion, andassets under investment management of$558.8 billion.

It was announced on 22 April, 2009 thatnet income in the first quarter of the year fellto $161.8 million compared with reportednet income of $385.2 million in the firstquarter of 2008.


2008 2007(US$ m) (US$ m)

Pretax profit: 558,794.8 558,726.9Total assets: 82,053.9 67,611.9Assets undermanagement(Private bank): 558,800.9 757,200.9

YEAR FOUNDED

1889

SERVICES OFFERED



� Investment management – AdvisoryManagement; Asset Allocation Strategies;Bonds; Commodities; Hedge Funds; RealEstate; Private Equity; Offshore Funds;Mutual Funds; Equities; Fixed IncomeFunds

Rockefeller & Co., Inc.

MAIN ADDRESS

Corporate Headquarters, 30 RockefellerPlaza, New York, NY, 10112, USA

Tel: +1 212-649-5600; Fax: +1 212-649-5977Email: [email protected]: www.rockco.com


Rockefeller & Co., Inc., 1717 Rhode IslandAvenue NW, Suite 620, Washington, DC,20036, USA

Email: [email protected]: www.rockco.com

Rockefeller & Co., Inc., 99 High Street, 17thFloor, Boston, MA, 02110, USA


Rockefeller Trust Co., 30 Rockefeller Plaza,Suite 5600, New York, NY, 10112, USA


Rockefeller Financial Services, Inc., 1201 NMarket Street, Suite 1604, Wilmington, DE,19801-1164, USA



Mr James S McDonald, President & ChiefExecutive Officer

Mr Paul G Veith, Managing DirectorMr Mark J Panarese, Managing DirectorMr Roy C King, President, Chief Executive

Officer & Managing Director, IntegratedWealth Services

Mr Michael Collins, Chief Marketing Officer,Integrated Wealth Services


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Mag. Daniel Berg, Chief Technology Officer,Integrated Wealth Services

Mr G Patrick Fox, Senior Investment AdvisorMr John Bottomley, Senior Vice President


Originally formed as the single-family officeof the Rockefeller family, Rockefeller & Co.,Inc. is now a leading wealth managementfirm that provides multi-family office servicesto ultra-affluent clients around the world.

Its capabilities include comprehensiveinvestment portfolio management in bothconventional and alternative assets, taxcompliance co-ordination, family trust andfoundation administration, custodial servicesand estate and legacy planning. Insuranceanalysis for both individuals and client assetsis also provided.

Clients who wish to invest ethically cantake advantage of Rockefeller’s SociallyResponsible Investments facilities. Trustservices are provided by the firm’s affiliates,The Rockefeller Trust Companies, which arebased in New York, NY and Wilmington, DErespectively. Rockefeller also offersoutsourcing and other administrative servicesto investment management firms,single-family offices and multi-family officesthrough its Integrated Wealth Servicessubsidiary.

Rockefeller & Co. was first established in1882 as the John D Rockefeller Family

Office, set up to manage the vast wealthacquired by the Rockefellers following thesuccess of the Standard Oil Company. In thelatter half of the 20th Century the firm beganto offer its services to other wealthy families,individuals and institutional clients, includingcorporations and non-profit organisations.The company now has over US$ 23 bn intotal assets under administration as of Dec.31, 2008, a drop of $ 7 bn compared to theprior year. Assets under management fellfrom $ 8 bn in 2007 to $ 6 bn at close of2008.


2008 2007(US $ m) (US$ m)

Assets undermanagement(Private bank): 6,000 8,000

SERVICES OFFERED

� Asset protection – Family Office Services;Estate Planning; Philanthropy Services;Trusts; Tax Planning; Foundations;Insurance Products

� Investment management – AdvisoryManagement; Asset Allocation Strategies;Bonds; Hedge Funds; Private Equity;Mutual Funds; Equities; Fixed IncomeFunds

� Other Services – Socially ResponsibleInvestments



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