What Is the Edelman Managed Asset Program?

Some Unique Features of EMAP:

• Extensive Diversification* The Edelman Managed Asset Program features more than 100 asset allocation models. But which model (or combination of models) is right for you?
• Market-Based Asset Allocation Models EMAP models avoid substantial turnover by emphasizing market-based (not manager-based) investments.
• Institutional Mutual Funds and ETFs Youll have access to institutional mutual funds used by some of the nation’s largest institutional investors. EMAP also uses exchange-traded funds (ETFs), which like institutional funds, are quite inexpensive. These savings translate into more of your money working for you.
• Strategic Rebalancing Daily Review Every client’s account is examined on a daily basis to identify opportunities for rebalancing. Once the need is identified, your model will be rebalanced automatically. This helps manage your risks and your performance.
• Dynamic Security Selection The universe of investments is constantly reviewed for opportunity. If a superior alternative is found, it can be swiftly incorporated into your asset allocation model.
• No Commission — Just One Annual Fee Unlike those who charge the same annual management fee to every client regardless of how much you invest, your EMAP fee is based on the value of your account. The more you invest, and the higher your account value grows, the lower your rate potentially providing valuable savings to you. And with EMAP, you never pay any commissions, brokerage fees or trading costs.**

** The wrap fee does not include certain account and securities-related costs including the fees and expenses embedded in the mutual funds (including management fees, transaction charges incurred for fund-level asset allocation model trades, custody of fund assets and other fund expenses), ETFs or annuities in which wrap fee accounts invest. Depending on your situation you may incur a debit balance fee, margin interest, an IRA or retirement plan fee, transfer fees, SEC fees, 12b-1 fees for certain money market funds, wire transfer fees, overnight check fees, account closing fees, transaction charges incurred for fund level asset allocation model trades, or other fees or taxes as required by law.