Euclid Investment Advisory, LLC

4701 Sangamore Road Suite S205

Bethesda, MD 20816

Telephone: 301.320.0619

Fax: 301.320.6854

Email: Euclid@EuclidAdvisory.com

A Fee-Only Investment Advisory Firm for Individuals and Institutions

Experience, Knowledge

and Integrity

Euclid brings together:

Tax Efficiency

Asset Allocation

Risk Management

Financial Planning

Portfolio Analytics

Specialty Managers

Updates and Reviews

into one process that is manageable, effective, and based solely upon the clients’ best interest.

Euclid Investment Advisory, LLC looks at all financial assets as one portfolio to improve returns, manage risk and reduce taxes. Euclid takes advantage of the Modern Portfolio Theory (MPT) tools that institutions have been used for years. Euclid was founded by institutional portfolio managers. We meet regularly with our clients to listen, answer questions, and assure that their goals are being met.

Typical Concerns – Many individuals and institutions find that having assets is only the first step towards reaching their goals. Financial markets are increasingly complex while individuals are left with more decisions and less help. Concerns include:

· What are the best options for existing funds?

· What additional contributions are required to meet goals?

· How long will the principal last?

· How can taxes be minimized?

· How should the assets be invested to keep risk manageable?

Institutions have used MPT to deal with these problems for years.

MPT guides investors towards focusing on the few key variables that spell the difference between success and failure: the right benchmarks, diversification, asset allocation, and quantitative risk management. Portfolios designed around a client’s needs, risk tolerance, and time horizon using these tools have the greatest likelihood of success.

Euclid Investment Advisory:

· Frederic Smoak, MBA, CFA has over 18 years’ experience managing both institutional and private portfolios. Mr. Smoak has worked with many of the largest, most sophisticated organizations in the Washington Area. He is a past president of the Washington Association of Money Managers, instructor in the Chartered Financial Analyst preparatory courses, and representative to the Council for Institutional Investors.

Euclid Offers You:

· Strong client service.

· Financial modeling, asset allocation, and after-tax investment solutions.

· An independent viewpoint - Euclid has no financial interest in managers or brokerage. Our only compensation is what is disclosed to you and paid by you. Our only goal is growing your assets.

· Commitment to the best financial planning, investment management, asset allocation and portfolio technology.

· The experience and judgment to blend our technical models with real world knowledge to provide you with practical, tax-efficient solutions.

Euclid’s Process and Products:

· Initial data gathering on existing assets, goals and time horizons.

· A complete and customized investment analysis and plan.

· Evaluating taxes advice on structuring the investments in a tax-efficient manner.

· Monte Carlo analysis to quantify the probability of reaching your goals.

· Asset allocation strategy based on your risk tolerance and return objectives.

· Optimal investment portfolio Core/Enhanced strategy :

· Incorporation of existing assets into tax and portfolio projections.

· Institutional Funds – growth, value, international, small-cap, mid-cap, indexed, & fixed Income.

· Specialty Managers and completion portfolios.

· Detailed financial planning reports, portfolio management reports and graphs.

· Tax-efficient Management - Co-ordination with your tax accountant and other advisors.

· Regular monitoring, reporting, and consultations to assure the portfolio is meeting your needs and expectations.