Issue link: https://info.seic.com/i/1495702
PARTNERING WITH CNR PAGE 4 Benefits of a single manager approach As a single manager, City Na onal Rochdale offers many benefits versus the tradi onal mul -manager approach. Single Manager Mul -Manager Analysis In-depth analysis of exis ng holdings and illustrated tax efficient transi on strategies Li le/no analysis of current por olio; transi on limited to manager's current buy list Customiza on Custom asset alloca on policy specific to client objec ves. Value added via intelligently personalizing each client's asset alloca on, cash flow needs, and tax sensi vi es Mass customized asset alloca on and difficulty in coordina ng the managers Access Direct por olio manager rela onship No access to por olio manager Tax Management Por olio construc on emphasizes tax efficiency Difficulty in coordina ng taxes across managers Risk and Performance More opportunity for out performance commensurate with client's personalized ac ve risk parameters Average performance, with any ac ve management averaging out to market performance at best Rebalancing Proac ve rebalancing away from low performing or risky asset classes Poten al for holdings overlap and style dri due to ac ve risk and conflic ng defini ons of size/style Asset Class Alloca on Effec ve and efficient implementa on for each asset class and style Ignores complex interrela onships and overlap between asset classes and specialist groups The personalized way we work makes you—your client's trusted advisor—front and center at every step of our process. With our help and support, you spend less me on reviewing investments, rebalancing por olios, and managing performance. You have more me and resources suppor ng you so you can focus on your business. Non-deposit Investment Products: are not FDIC insured are not Bank guaranteed may lose value Beverly Hills | New York | 800-245-9888 | cnr.com