OMEGA Management Fundamentals - Oppenheimer & Co. Inc.

Joseph J. TiedemannSenior Director – InvestmentsSenior Portfolio Manager – OMEGA GroupOMEGA Management Fundamentals

Why OMEGAPortfolio Management?

OMEGA Portfolio Management OverviewΩ The OMEGA Group is a program through Oppenheimer & Co. Inc., thatoffers a managed money program in which experienced FinancialAdvisers act as a portfolio manager for their clients.Ω OMEGA is a personalized investment management service designed tomatch an investor’s objectives at a comfortable level of risk by workingwith an OMEGA portfolio manager.

OMEGA Portfolio Managers OverviewΩ OMEGA managers develop a client’s investment profile to identifyinvestment objectives and expectations regarding the capital markets.Ω OMEGA managers develop a target asset allocation strategy thatmatches a client’s risk/return preference to pre-established assetallocation guidelines.Ω OMEGA managers construct an investment portfolio that is activelymanaged in line with developments in the capital markets.Ω OMEGA managers review the performance of a client’s portfolio on aquarterly basis.Ω OMEGA wrap-fee arrangement is cost effective and all-inclusive.**Adopting a fee-based account program may not be suitable for all investors; anticipated individualcommission costs should be compared to anticipated annual fees.

OMEGA Portfolio ManagersClient Investment ProfileΩ Identifies investment objectives.Ω Identifies expectations/understanding of capital markets.Ω Identifies circumstances unique to the client that mayinfluence management of the portfolio.

OMEGA Portfolio ManagersTarget Asset AllocationΩ Identifies client’s risk/return preference.Ω Link’s client’s risk/return preference to appropriatelong-term asset allocation guideline

OMEGA Portfolio ManagersInvestment PortfolioΩ Reflects long-term asset allocation strategy.Ω Actively managed in line with developments inthe capital markets.

OMEGA Portfolio ManagersQuarterly Performance ReportΩΩCompares investment performance of the portfolioto previously established investment objectives.Allows for any changes in the client’s situation to beincorporated into the ongoing investmentmanagement process.

The OMEGA Group Selection ProcessStep-by-Step Review ofInvestment ManagerΩStep 1: Gather Initial InformationΩStep 2: Committee ReviewΩStep 3: Investment Manager InterviewΩStep 4: Review Assets Under ManagementΩStep 5: Final Approval

The OMEGA Group Selection ProcessInvestment ProcessΩΩΩΩΩResearch process.Decision making processBuy and sell disciplinesConsistent application of investment processWell articulated

The OMEGA Group Selection ProcessClient ServiceΩΩΩΩAccessCommunicationChemistryAverage fee and account size

The OMEGA Group Selection ProcessPerformanceΩΩΩΩConsistent with stated processPeer group comparisonRisk adjusted returnsComposite analysis

The OMEGA Group Selection ProcessOn-Going MonitoringΩΩΩΩSecurity ReviewMonthly reportAnnual committee reviewPerformance analysis

OMEGA Portfolio ManagerWrap-Fee ArrangementΩ All-inclusive.Ω Fully discloses all costs associatedwith managing the portfolio.Ω Cost effective and convenient.

OMEGA Portfolio ManagersTypes of Accounts ManagedΩ TrustsΩ FoundationsΩ CorporationsΩ Retirement PlansΩ Individual Accounts

Investment Management Process SummaryClient’sNeeds & GoalsPerformanceMonitoringOppenheimer & Co. Inc.Financial Adviser &Portfolio ManagementProcessAssetMixOMEGAManager

Important InformationThis information is intended for informational purposes only. The information provided herein is general in nature and should not be construed as arecommendation or an offer or solicitation to buy or sell any securities nor does it represent legal or tax advice. Oppenheimer & Co. Inc., nor any ofits employees or affiliates, does not provide legal or tax advice. However, your Oppenheimer Financial Adviser will work with clients, their attorneysand their tax professionals to help ensure all of their needs are met and properly executed.The OMEGA Group is a program through Oppenheimer & Co. Inc. It offers a managed money program in which experienced Financial Advisers actas portfolio managers for their clients. Please refer to the Oppenheimer ADV Part II for information about the advisory program described herein,including program fee schedules and other fees that may apply. The Oppenheimer ADV Part II is available from your Oppenheimer FinancialAdviser.Adopting a fee-based account program may not be suitable for all investors; anticipated individual commission costs should be compared toanticipated annual fees.For further information about the products/programs available and their suitability for your portfolio, please contact your Oppenheimer FinancialAdviser. Any discussion of securities, including any hedge funds or other alternative investments should not be construed as a recommendation oran offer or solicitation to buy or sell interest in any such securities. Securities products offered or sold by Oppenheimer will not be endorsed orguaranteed by Oppenheimer and will be subject to investment risks, including the possible loss of principal invested. Alternative investments aremade available only to qualified investors and involve varying degrees of risk.Oppenheimer Asset Management Inc. (OAM) and the Oppenheimer Trust Company are wholly owned subsidiaries of Oppenheimer Holdings Inc.,which also wholly owns Oppenheimer & Co. Inc (Oppenheimer), a registered broker/dealer and investment adviser. Securities are offered throughOppenheimer.© 2010 Oppenheimer & Co. Inc. Member of All Principal Exchanges and Member SIPC.G33092109RM210-PITCH-09