SmartInvestment Reports DIRECTORY Client Statement, Report Setup & Descriptions Account Reports

• Account Report Setup • Summary of Accounts • Account Summary • Account Detail

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Investment Reports

• Investment Reports Setup • Asset Allocation • Asset Allocation – Target vs. Actual • Balance Sheet – Bank Format • Balance Sheet – Investment Format • Investment Summary • Position Summary

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Performance Reports







• Performance Reports Setup • Annualized Return Report • Performance Period-to-Date • Investment Performance Summary • Performance Report • Yearly Review • Performance Summary • Performance Summary of Accounts • Performance Valuation Summary • Top 10 Holdings

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Transaction Reports

• Transaction Reports Setup • Client Transaction Report • Daily Blotter • Transactions by Security

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Account Reports Having consolidated financial statements and reports at your fingertips can significantly ease the often complex process of investment tracking. Because detailed investment tracking is vital when recommending investment and financial planning products to clients, SmartOffice offers a variety of flexible investment statements and reports to facilitate the process of making vital financial decisions. SmartOffice also helps communicate recommendations to clients in easy-to-read, easy-to-understand formats — from reports that highlight important account details, to graphical charts that illustrate allocations and other investment details.

Account Reports Setup Can be used to supplement client presentations and reviews. Users can customize report headings and disclaimers, include the spouse’s name, and held away assets on the report.

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Prepared on XX/XX/XXXX

Summary of Accounts Contains all accounts currently held by each client. Shows account name, account #, open date, account type, and account value.

Prepared on XX/XX/XXXX

Account Summary Shows the breakdown of the account allocation by asset class or holding type, along with detailed information about the account.

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Account Detail Provides an extension to the Account Summary showing all holdings by asset class or holding type, including shares and current values.

Prepared on XX/XX/XXXX

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Investment Reports Investment Reports Setup These reports are position based and can be run as of a certain date for any or all security types. Reports can be sorted by holding type, asset class, account number, account type, how held, and owner. Users can also customize the heading and disclaimer for each report, and Life Insurance and Annuities that have been entered into the ‘policy’ section of SmartOffice can also be included if desired.

5 Prepared on XX/XX/XXXX

As of XX/XX/XXXX

Asset Allocation Shows each asset as a percentage of the overall position, making it easy for the planner and client to respond to allocation issues and monitor the rebalancing of positions. Prepared on XX/XX/XXXX

As of XX/XX/XXXX

Prepared on XX/XX/XXXX

  Asset Allocation – Target vs. Actual This report contains a graphical presentation of how much and what percentage of a client’s assets are invested in each of the asset classes as of a certain date.

6 Prepared on XX/XX/XXXX As of XX/XX/XXXX

Balance Sheet – Bank Format Allows planners to print client assets and liabilities in the Federal Reserve format for loan reviews and submissions to banks and other financial institutions. Prepared on XX/XX/XXXX As of XX/XX/XXXX

Prepared on XX/XX/XXXX As of XX/XX/XXXX

Balance Sheet – Investment Format Provides an overview of the client’s personal assets and liabilities in a single statement. Prepared on XX/XX/XXXX As of XX/XX/XXXX

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As of XX/XX/XXXX

Investment Summary Provides a consolidated view of the client’s portfolio, detailing the cost and gain/loss of each investment, as well as the maturity date for applicable holdings. Prepared on XX/XX/XXXX

As of XX/XX/XXXX

Prepared on XX/XX/XXXX

As of XX/XX/XXXX

Prepared on XX/XX/XXXX As of XX/XX/XXXX

Position Summary Designed for planners and advisors, but clear enough for clients to understand. Lists the client’s investment holdings by various sorting options, and displays liabilities associated with any individual investment holdings.

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Performance Reports Performance Reports Setup Performance measurements and reports are calculated based on the Global Investment Performance Standards (GIPS) using the Modified Dietz Method. Rate of returns are time-weighted and geometrically linked on a monthly basis. Standard and blended benchmarks can also be included on these reports. Users can run reports by a userspecified or system predefined date range or as of a specified date depending on the nature of the report. Each report can be generated with or without income and can be sorted by the Holding Types, Asset Class, Returns, Current Value, or Shares wherever applicable. In addition, users can customize the Heading and the Disclaimer of each report.

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Annualized Return Report

Prepared on XX/XX/XXXX

Provides a snapshot of returns as of a specified date. Illustrates returns for each position, total account returns, and benchmarks for 1 year, 3 years, 5 years, 7 years, 10 years, and ‘Since Inception’. All returns are annualized, except for the 1-year return. ‘N/A’ is listed for investments that are not invested for the entire period.

As of XX/XX/XXXX

Prepared on XX/XX/XXXX

As of Date: XX/XX/XXXX

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Performance Period-to-Date A 1-year report showing returns for each position and the total account returns for the last month, last 3 months, quarter-to-date, year-todate, and the last 12 months. Note that returns on this report are not annualized since the date range is 1 year or less. The system uses 3-, 6-, 9-, and 12-month quarter endings as the basis for calculating quarter-to-date returns.‘N/A’ is printed for the investments that are not invested for the entire period.

Prepared on XX/XX/XXXX

Investment Performance Summary This report shows the client’s assets sorted by Holding Type or Asset Class with all of the individual positions listed along with the Purchase Date, Quantity, Cost, Market Value as of the Beginning and Ending of the report date range, Gain/ Loss, and the Annualized Return for the individual positions and the aggregate return for the overall account, contact, or household.  Two additional sections at the end of the report show the summary of the contributions, withdrawals, interest/dividend/cap gains, the change in account value, and the aggregate return for up to five benchmarks.

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Performance Report Provides clients with summary statistics, including beginning and ending values, and an activity summary that includes contributions, withdrawals, interest, dividends, and change in account value. Prints cumulative and annualized returns for the selected date range and can include returns for up to five benchmarks.

Prepared on XX/XX/XXXX As of Date: XX/XX/XXXX

Yearly Review This is a client’s overall yearly portfolio review.  It lists all of the client’s accounts and positions and besides showing when each position was purchased, it shows the return for each position and account, and the market value and aggregate return for the entire portfolio for the current month, the last 3 years, and since inception, whether it is for the contact or household.  Also, up to 5 benchmarks can be included on the report. Prepared on XX/XX/XXXX

Performance Summary Displays monthly and cumulative returns, market value, net additions, and month-bymonth withdrawals. Up to five benchmarks can be assigned to print on the report. May be run at the account level (showing performance for the entire account) and position level (showing performance for the selected position only).

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Performance Summary of Accounts Summarizes the client’s accounts, including account number, date opened, account type, current value, and cumulative and annualized returns for the selected period. A pie chart graphically illustrates what portion of the pie is being invested by each of the accounts.

Prepared on XX/XX/XXXX

Performance Valuation Summary Displays all fields and their values within the performance table that is used to calculate monthly returns. When printed from the ‘Account Performance’ content link, account data is printed. When printed from the position level, only data for the selected position(s) is printed. This report is useful for auditing and analysis of account and position returns.

Prepared on Prepared onXX/XX/XXXX 06/04/2009

Top 10 Holdings Shows performance for the top 10 performers in the account, including market value, shares outstanding, and cumulative and annualized returns for each position.

Top 10 Holdings Joseph Ackerman & Kathleen Ackerman

Since Inception: 11/30/2000

Through: 05/29/2009

Investment Name

Account#

Current Value

American Skandia-Alger Midcap Growth

4581208

37,325.58

American Skandia-Evergreen VA Global Ldrs. American Skandia-AST AIM Balanced

4581208

94,581.12

4581208

72,562.02

Cash

00234567956

American Funds Captial World Bond

84482

AT&T

00234567956

55,748.76

American Balanced Fund

84482

39,060.57

ATT 8.8 2010

Federal Natl Mtg Assn Mtn

Amgen Corporation

66,700.00

Share Outstanding 2,325.58

1,401.20 1,356.81

80,143.86

79,920.08

27,173.35

544.12

656,862.28

3.51

8.52

1.92

8.26

00234567956

Total

11.42

2,195.54

129,875.31

00234567956

9.94

12.03

11.17

141,719.94

Annualized % Return

28.40

66,700.00

00234567956

41,847.08

Cumulative % Return w/ Inc.

-1.94

4.61

2.50 1.27

-0.75

2,248.84

-10.15

-3.29

2,778.13

-13.12

-3.14

-12.46

-3.05

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Transaction Reports Transaction Reports Setup These SEC compliance-type reports help satisfy compliance and record keeping requirements. Used to verify the calculation of investment cost, taxbasis, and performance returns, they can be run for the following specifications:



n n n n n

Any user-specified or system-predefined date range Any or all clients Any selected account or position Any or all security type(s) including policies Any transaction type

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Client Transaction Report



Also known as a ‘Brokers Book Report.’ Lists transactions for all types of investments and can be run for any specified date range.

Prepared on XX/XX/XXXX

Prepared on XX/XX/XXXX

Daily Blotter Lists all transactions, including transfers and canceled/reversed transactions. Can be run for any specified date range.

Prepared on XX/XX/XXXX



Transactions by Security



Lists all investment transactions and can be run by investment name for any specified date range.