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Lenox AdvisorsPrivate Wealth Management Group
WelcomeAchieving fi nancial success does not always simplify life. In fact, affl uence
generally increases the complexity of the decision-making process. The
greater one’s wealth, the more time and knowledge must be invested in
maintaining its growth, protection and ultimate distribution.
Attorneys, accountants, insurance professionals and fi nancial planners can
offer invaluable advice, but because most offer services independent of one
another, it is often up to their clients to sift through the individual recom-
mendations, evaluating each to determine which are the most appropriate.
The ideal solution is a wealth management fi rm that can help defi ne and
achieve each client’s unique, long-term goals through a comprehensive,
holistic program of investments, tax planning, asset allocation, risk manage-
ment, insurance, retirement planning and estate planning.
Lenox Advisors helps provide that solution... in an independent, objective
and integrated fashion.
A Single Source
Lenox Advisors is a unique Wealth Advisory fi rm focusing on high net worth individuals,
including corporate executives, business owners and entrepreneurs. Most of our clients
retain us to be their “personal CFO.” We coordinate all aspects of their fi nancial lives,
including retirement planning, asset management, risk management, estate planning,
insurance, children’s college education, etc.
In Lenox’s Private Wealth Management Group, highly-skilled fi nancial planning professionals,
CFP® practitioners, CPAs and others, craft the strategies and engineer the follow-through to
help ensure continued fi nancial success as part of the Lenox CFO™ Program. Concurrently,
asset management strategists have the ability to access institutional money managers
matched to clients’ specifi c objectives.
Working in tandem allows each team member to become familiar with each client’s individual
needs and more effi ciently integrate solutions into the overall fi nancial plan. This reduces
the complexity in clients’ fi nancial lives, which helps to increase clients’ fi nancial security.
Comprehensive StrategiesLENOX ADVISORS OFFERS: ○ Private Wealth Management
○ Fee-Based Financial Planning/Lenox CFO™
○ Asset Management ○ Insurance Brokerage
○ Life Insurance ○ Disability Income Insurance ○ Long Term Care Insurance ○ Annuities
○ Lenox Corporate Benefi ts ○ Group Insurance Benefi ts ○ Corporate Executive Carve-Out Insurance Programs
○ Lenox RPC™ (Retirement Plan Consultancy) Platform
Secure
SimplifyAs their wealth grows, most affl uent individuals express concern that their
fi nancial lives are increasingly complex. They face a wide array of compli-
cated decisions every day:
• How can they secure their fi nancial future, including estate planning, retire-
ment, insurance and asset management?
• How do they best allocate their assets to match their short and long-term
needs, while addressing their philanthropic goals?
• How can they afford to help care for aging parents, while minimizing the
fi nancial impact on their family?
As a single-source fi nancial advocate— their personal CFO—Lenox works
collaboratively with clients’ advisors to create a focused, integrated strategy
that drives all present and future fi nancial-related decisions. The Lenox
CFO™, the fi rm’s proprietary platform for simplifying the fi nancial planning
process, enables Lenox to coordinate each client’s fi nancial matters—from
risk management and estate planning* to asset management and insurance.
Lenox CFO™
Lenox CFO™
“We help our clients realize their dreams by integrating and
overseeing virtually every aspect of their fi nancial lives.”
Michael Book, Managing Partner, Lenox Advisors
○ Cash Flow/Retirement Planning ○ “What if” Scenarios ○ Expense Modeling ○ Retirement Income and Distribution Strategies ○ Tax Minimization Strategies
○ Balance Sheet/Net Worth Statements ○ Estate Planning Strategies ○ Risk Management/Insurance Audits ○ Asset Allocation Strategies ○ Account Aggregation ○ Education Funding ○ Lenox Vault for all Personal Documents ○ Lenox Money-Smart Kids™ Program
○ Financial Literacy Resources ○ Age-Based Lesson Plans for Children
Lenox CFO™
What sets Lenox apart is the comprehensive nature of what we can accomplish as your
personal CFO, streamlining the fi nancial planning process, with a focus on advice rather
than products.
Our technology gives Lenox Advisors and our clients the ability to organize information
from all their advisors and consolidate them in one place. The data is encrypted, secure
and automatically updated daily. This frees the client from the smallest (but often the most
critical) details of wealth management, giving them the freedom to devote more time and
attention to other important aspects of their lives.
Streamline
Organize and Consolidate
“Managing your wealth can be an intimidating process. We turn
anxiety into empowerment by becoming our clients’ personal CFO
and developing a set of fi nancial goals and a game plan for
achieving them.”
Rick Van Benschoten, CFP®, Managing Partner, Lenox Advisors
A key differentiator of Lenox is our values-based approach to wealth management and
how it threads throughout your relationship with Lenox. All our recommendations are
sourced through your “Personal Money Constitution,” a document reflecting your (and
your family’s) relationship to money.
For example, what are the values you grew up with and what do you want to pass on to
your children? What values do you and your spouse agree and disagree on? What would
we have to do together over the next fi ve years for you to believe we’ve succeeded in
managing your fi nancial affairs?
Realizing that wealth management is often a family issue, Lenox developed a proprietary
platform, the Lenox Money-Smart Kids™ Program, to help parents communicate their fi nan-
cial values and educate their children about money and philanthropy. Lenox knows preserv-
ing generational wealth cannot be accomplished without preserving values.
Communicate
Financial Values
Lenox CFO™
StrategizeSuccessful asset management is a process, not an event. Securing one’s
fi nancial future, particularly in an uncertain economic environment, requires
continuous oversight by an integrated team of fi nancial professionals who
are able to provide insightful advice and timely execution against agreed-
upon fi nancial goals. Such oversight provides strategic perspectives on
specifi c issues, including: What asset allocation is appropriate for your level
of risk tolerance? Where should you own specifi c investments in order to
maximize after-tax returns? When should one overweight versus under-
weight certain asset classes?
Lenox Asset Management
Lenox Asset Management
○ Access to Separately Managed Accounts ○ Municipal and Taxable Bond Portfolios ○ Equities ○ Alternative Investments ○ Mutual Funds ○ Variable Annuities ○ Exchange Traded Funds ○ Real Estate Investment Trusts ○ Commodities-Based Funds ○ Oil and Gas Partnerships
Lenox Asset Management
Lenox Advisors takes the time to listen to clients and understand how they accumulated
their wealth. Was it success in a self-made business, inherited money, a concentrated
stock holding in a public company? Lenox then develops an investment strategy based on
each client’s particular fi nancial goals including their spending needs, multi-generational
estate planning goals, retirement and future philanthropic aspirations. We believe success-
ful asset management should be part of overall estate, business and fi nancial planning.
ASSET ALLOCATION
Lenox Advisors takes an institutional approach to individual investing, encouraging clients
to approach their portfolio asset allocation similar to a college endowment or charitable
foundation. We believe global, multi-asset class portfolios of stock, bond, and alternative
investments have the best potential to protect assets and generate strong returns while
minimizing risk. Emphasizing asset classes and investment vehicles that have little or no
correlation over a market cycle helps to increase success.
INVESTMENT VEHICLES
Lenox Advisors has no proprietary products, and utilizes an open architecture approach
through consulting fi rms that assist in the initial and ongoing reviews of institutional
money managers. Lenox implements portfolios through some of the best money manag-
ers and private fi rms available, as well as utilizing passive investments where appropriate.
ASSET OWNERSHIP
Often overlooked, asset ownership is an important aspect of investment planning. For
example, tax-ineffi cient investments (including some alternative investments) could be
moved to tax-deferred accounts. This type of investment detail, keeping in mind the under-
lying performance of the investment, could yield far more in returns than market timing or
investment selection. These decisions become even more important when potential tax
increases may be on the horizon.
Access
Analysis and Planning
“The one certain way to improve investment returns is to reduce
expenses, and the greatest expense in most investment portfolios
is taxes. We believe wealth is amassed by focusing on after-tax
returns, not pre-tax returns.”
Greg Olsen, CFP®, Partner, Lenox Advisors
Lenox Asset Management
PERFORMANCE AND PORTFOLIO MONITORING
Specifi c goals and monetary aspirations can change over time. Likewise, the cycles of the
global markets and the structure of the world economy evolve and change through the
years. Lenox Advisors meets regularly with clients to update their recommended asset
allocation, rebalance the overall portfolio, or replace or add an investment vehicle or man-
ager. Any modifi cation is made based on a clear understanding of each client’s current
situation and future goals, and on up-to-date economic and investment vehicle analyses.
WHAT SETS US APART ○ Lenox provides a team of planning and investment specialists, all integrated in one Private
Wealth Management group, who are compensated based on servicing current clients, not
fi nding new ones. ○ Lenox has access to some of the best managers that do not participate on large wire-
house platforms. ○ We help develop infl ation-protected, tax-effi cient portfolios focused on capital preservation
for the long-term investor. ○ Client portfolios are monitored regularly to manage risk, respond to client needs, and quickly
take advantage of market conditions. ○ Portfolios are fi ltered through a customized optimizer, to create effi cient portfolios that
balance risk and return. ○ Because we have no proprietary products, we are free to fi nd who we believe to be the best
managers in each asset class. ○ We also understand risk management/ insurance and how it can creatively help your
portfolio.
Integrate
Diversifi ed Investing
OVERSIGHT
Client portfolios are monitored regularly to manage risk, respond to client needs, and quickly take advantage of market conditions.
TEAM
Lenox provides a team of plan-ning and investment specialists, integrated in one Private Wealth Management group, who are compensated based on servic-ing current clients, not finding new ones.
DESIGN
Portfolios are filtered through a customized optimizer to create effi cient portfolios that balance risk and return.
ACCESS
Lenox has access to some of the best managers not on large wirehouse platforms.
PORTFOLIOS
We help develop inflation-pro-tected, tax-efficient portfolios focused on capital preservation for the long-term investor.
Lenox Advantage
“It’s no surprise that our business is built almost entirely on
referrals from clients, accountants and attorneys.”
Tom Henske, CFP®, Partner, Lenox Advisors
INDEPENDENCE, OBJECTIVITY AND INTEGRATION
It takes the combined expertise of a team of trusted advisors—attorneys, accountants,
insurance brokers and fi nancial planners—working in concert, collaboratively and seam-
lessly, to help assure fi nancial security. Lenox Advisors integrates fi nancial security
into fi nancial success by delivering an unprecedented level of specialized expertise and
personalized service entirely focused on helping our clients grow, protect and distribute
their wealth.
Lenox Advisors’ approach is founded on building a deep understanding of the unique
needs of each client. It is Lenox’s mission to become aware of the changes in clients’ life
circumstances in order to anticipate and respond creatively to new risks and emerging
opportunities. The end result is a coordinated fi nancial plan, updated regularly, that will
help meet each client’s individualized wealth management goals.
Lenox is a part of National Financial Partners (NFP), a publicly traded company focused on
the distribution of fi nancial services to high net worth individuals and growing entrepre-
neurial companies. This gives Lenox the ability to offer its clients the benefi ts of objective,
independent advice together with all the resources of a leading national organization.
For further information, call Lenox Advisors at (212) 536-8700, email them at
[email protected] or visit the firm’s website at www.lenoxadvisors.com.
Collaborate
Expertise and Service
Select Screen Shots from the Lenox CFO™
Corporate Headquarters530 Fifth AvenueNew York, NY 10036
Two Stamford Plaza281 Tresser BoulevardSuite 1004Stamford, CT 06901
20 North Clark StreetSuite 550Chicago, IL 60602
535 Pacifi c Avenue 2nd FloorSan Francisco, CA 94133
* Estate planning is done in conjunction with your estate planning attorney, tax attorney and/or CPA.
Asset allocation does not guarantee a profi t or protect against loss in declining markets. There is no guarantee that a diversifi ed portfolio will outperform a non-diversifi ed portfolio or that diversifi cation among asset classes will reduce risk.
Fee-based fi nancial planning services offered through Lenox Advisors, Inc. Lenox Advisors, Inc., offers access to securities and asset management services through MML Investors Services, Inc., 530 5th Avenue, 14th Floor, New York, NY 10036, 212-536-6000, mem-ber SIPC. Investment adviser representatives of Lenox Advisors, Inc. offering fee-based fi nancial planning services may also be registered representatives and investment adviser representatives of MML Investors Services, Inc. for purposes of offering securities and asset management services, as applicable. Lenox Advisors, Inc. is a wholly owned subsidiary of National Financial Partners Corp. (NFP). Lenox Advisors, Inc and NFP are not affi liates or subsidiaries of MML Investors Services, Inc. Services offered through Lenox Advisors, Inc. as an Independent Registered Investment Advisor are not sponsored or offered through MML Investors Services, Inc. CRN201210 - 136659