A BUSINESS OF MORGAN STANLEY SMITH BARNEY, LLC AMERICAN SOCIETY OF VARIABLE STAR OBSERVERS Norman E. Nabhan, CIMA Managing Director Institutional Consulting Director James Bee CIMA Sr. Vice President Objectivity Experience Pro-Active Advice Sr. Investment Management Consultant Graystone Consulting 28 State Street, Suite , Boston,, MA 02109 Tel 504-561-6855 Fax 617-557-6966 5051 Westheimer Blvd, Suite 2100, Houston, TX 77056 Dec 18, 2012 Tel 713-499-3024 Fax 713-499-3090
Morgan Stanley A leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. With over 45,000 employees the firm serves clients worldwide from more than 1,300 offices in 42 countries. Morgan Stanley Graystone A global leader in wealth management, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust services. Investment Advisor Global Investment Committee Consulting Group (CG) Alternative Investment Research Investment Advisor (GIC ) 22 member committee CG was established over 30 years ago Research 37 Alternative Investment and is the managed-account unit of comprised of senior professionals from Research analysts who employ rigorous Research team has 26 experienced MSSB with over $500 Billion in manager research analysts who Morgan Stanley Research, MSSB, Citi due diligence to identify, evaluate and consulting assets. select hedge funds, fund of funds, private evaluate over 1,100 traditional Investment Research & Analysis and equity and real estate investment. investment strategies. outside financial market experts. 266 Professionals that includes Approximately 200 investment strategies management, operations, technology, Provides strategic and tactical capital are available to our clients. sales, marketing, legal and risk support markets advice across global asset classes Graystone Consulting 43 U.S. Graystone Consulting Office 124 Consultants 195 Operations/Analysts Consulting to over $151 Billion in assets** Graystone Consulting Houston/Boston Norm Nabhan James Bee CIMA Sr. Vice President Managing Director Each client has the intellectual capital of their local Graystone Consultants as well as the entire MSSB organization working together to achieve each client’s investment goals. **The information presented shows the combined institutional consulting assets of Graystone Consulting, Consulting Group, and Morgan Stanley Global Wealth Manager Group as of December 31, 2010.
ASVSO Service Team Institutional Consultants Norman E. Nabhan, CIMA James Bee, CIMA Investment Policy Development Managing Director Senior Vice President Asset Allocation Analysis Sr. Investment Institutional Consulting Management Consultant Portfolio Strategy and Director Rebalancing 39 Years of Experience 18 Years of Experience Quarterly Performance and Other Client Meetings Client Education Analysts Manager Searches Scott Guptill Jennifer Reardon Performance Reporting Research Analyst Relationship Manager Performance Attribution 5 Years of Experience 16 Years of Experience Other Customized Client Reports Client Administration Client Inquiries & Updates Elese Jackson Reallocations/Fund Movements Group Administrator Marketing 11 Years of Experience Follow-up & Client Correspondence Meeting Arrangements 3
Our Value Proposition » Independent, Objective, Client Centric Advice » Graystone Consulting-Created to Avoid Conflicts of Interest » Boutique Consulting Team backed by significant Capital Market and Research Resources » Significant Industry Experience of the team that would be responsible for the Louisiana Assessor’s Association Fund. » We believe strongly in an ongoing program of board education . We provide regular educational presentations on: Fiduciary Responsibility, asset allocation, capital markets, trends in Investing, etc. 4
Institutional Consulting Representative Client List Foundations & Endowments: Allied Services Foundation Lee Hysan Foundation American Psychological Foundation Leever Foundation Aurora Foundation, Inc. Lithuanian Foundation, Inc. Capital Federal Foundation Lumina Foundation for Education Chrysalis Foundation Marianas Public Land Trust Consumer Health Foundation, Inc. Mercy Foundation of Des Moines Cornerstone Foundation of Northeastern Wisconsin, Inc. Michigan Turfgrass Foundation Coshocton Communication Foundation Northeast Health Designated Fund Cupertino Educational Endowment Foundation Otterbein Homes Endowment Decker Foundation Otterbein Homes Capital Reserve Dover Foundation Inc. Ohio Masonic Endowment Fund Edward W. Hazen Foundation Orchard Foundation Etscheit Foundation Pan American Health & Education Foundation Five Bridges Foundation Princess Grace Foundation-USA Fullerton Foundation Ruth & Lovett Peters Foundation Genesis Healthcare Systems Foundation Southern Minnesota Initiative Foundation George Mason University Foundation Steve & Cindy Van Andel Foundation Heritage Hill Endowment Fund St Luke’s Episcopal Hosptal Hilda E. Bretzlaff Foundation St. Luke’s Health Initiatives-Phoenix K.C. Stock Foundation, Inc Sunflower Foundation . Wallace Research Foundation Wyandotte Health Foundation 5 As of 1-14-10. Consulting Group services are offered through Morgan Stanley Smith Barney. The listed clients may participate in various Consulting Group advisory
Who We Consult To ERISA Plans – 29 Clients Defined Contribution Plans and Defined Benefit Plans (over $2.2 billion) 12 Defined Benefit Clients 12 Defined Contribution Clients 5 Defined Contribution and Defined Benefit Clients Endowment and Foundations (over $1 billion) Total Assets: > $5.0 billion Representative Clients MedSynergies St. Luke’s Episcopal Health System United Regional Health Care System Baker & Botts, LLP Riviana Foods St. Luke’s Health Initiatives – Phoenix, AZ Houston Country Club Bracewell & Guiliani, LLP Indiana University Healthcare -Bloomington Theater Under The Stars Valero Energy USA Funds Broad Local and National Experience 6
Institutional Investor Solutions
Our Strength Our Duty is to assist Trustees in fulfilling their Fiduciary Responsibility. We help you execute and document the process that you need to be prudent fiduciaries. Investment/ Spending Guidelines and Policy Development Ongoing Committee education Cash Flow Analysis, Asset “Chief Investment on current and relevant topics. Allocation Development Officer” and Asset Liability Modeling. As your hired expert, our job is to serve as the “Chief Investment Officer” Quarterly Performance Manager Searches documented Evaluation customized to with both, Quantitative data and client needs. detailed written reports on Qualitative issues. 8
142 Senior Research Analysts and Strategists Graystone Consulting 403Teams 125 Consultants over 260 Total Field Staff 20 Home Office Management Staff CONSULTING GROUP SINGLE MANAGER HEDGE FUNDS INVESTMENT ADVISOR RESEARCH 16 Analysts* PRIVATE EQUITY 31 Investment Professionals 10 Analysts* Long only Equity – 16 analysts REAL ESTATE Fixed Income – 7 analysts 9 Analysts* Research Management – 3 analysts Graystone Teams MANAGED FUTURES Institutional Research Analysts - 45 9 Analysts* GLOBAL INVESTMENT STRATEGY COMMITTEE 22 Economic/Investment Thought Leaders 9 * Combined Resources of Graystone, Citi, Morgan Stanley, MSSB, Alternative Investment Partners
Graystone Consulting Investment Advisor Research » Deliver access to a world-class platform of quality, independent investment firms » Identify superior traditional and alternative investment money managers through a rigorous quantitative and qualitative research process Advice Recommendations Advice » Analyze the risks: investment risk, business risk, management risk and event risk Recommendations » Educate clients on investment manager Quantitative & trends, specific product characteristics and portfolio Qualitative Quantitative & positioning of specific investment products Analyses Qualitative Analyses Information Gathering Information Gathering 10
Open Architecture For Investment Solutions Focusing On Client Needs Services Provided for All-Inclusive Fee: » We deliver a broad range of traditional, alternative, mutual funds and exchange traded fund options. » Asset Allocation is tailored for Client’s specific goals. » Research on over 1100 asset managers. » Research flexibility allows us to identify niche investment opportunities. 11
Recommend
More recommend
