KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC

KARWA Wealth Advisory Clients receive a full suite of consulting services, typically included in their Wealth Advisory or investment management fees. These services encompass investment policy statement design and implementation, strategic asset allocation and portfolio design, investment strategy and manager due diligence and selection, portfolio transition analysis and execution, portfolio monitoring and reporting, consolidated performance reporting, and quarterly reporting with macro-economic and capital markets updates. KAR has an agreement with Strategic Advisers where KAR won't charge clients more than the standard advisory fees disclosed in its Form ADV 2A Brochure for referral fees paid to Strategic Advisers as part of the WAS Program. KAR also agreed not to solicit clients to transfer brokerage accounts from Strategic Advisers' affiliates or establish accounts at other custodians, unless required by fiduciary duties. KAR pays Strategic Advisers a fee for client accounts transferred from Strategic Advisers' affiliates to another custodian, creating an incentive to suggest clients maintain custody with Strategic Advisers' affiliates. However, participation in the WAS Program doesn't limit KAR's duty to select brokers based on best execution.

KAR offers several investment strategies. The Intermediate Total Return strategy seeks high total return by investing in a diversified portfolio of primarily intermediate, high-quality bonds. The All Cap Growth strategy pursues long-term capital appreciation across market capitalizations by investing in large-, mid-, and small-cap growth companies with competitive advantages. The Small Cap Focus strategy pursues long-term capital appreciation in small-cap stocks believed to be undervalued. The Small-Mid Cap Core strategy pursues long-term capital appreciation in small-to-mid-cap stocks while seeking a lower risk profile than the index. An additional strategy invests in a select group of high-quality large-, mid- and small-cap companies at reasonable business valuations, representing companies with a competitive advantage, strong management, low financial risk and an ability to grow over market cycles. This strategy also establishes short positions in low-quality companies that lack a competitive advantage and have deteriorating financial performance and/or high financial risk.

(Subscription Required)

(Subscription Required)