Tory Adams Klinedinst

Functions as a College/University

Naval service branch of the government

DWM Advisors generally selects mutual funds, ETFs, stocks, bonds, private equity and/or debt investments, Separate Account Managers and cash equivalents for client accounts. In selecting Separate Account Managers, the firm generally relies on the research provided by Charles Schwab & Co. on the managers in the programs sponsored by Schwab. DWM reviews the research provided and may interview managers. Track record data, peer group analysis, social screening, and manager continuity are some of the criteria that are utilized when evaluating a prospective manager. They monitor managers and when there is a significant style drift, management change or stock selection program change, the relationship may be terminated. Mutual funds and ETFs are generally evaluated and selected based on a variety of factors, including, but not limited to, past performance, fee structure, portfolio manager, fund sponsor overall ratings for safety and returns and other factors. Private offerings are evaluated on a number of factors including opportunity for income, growth potential, risk of loss, capital call schedule, length of lock-up and experience of management. Fixed-income investments may be used as a strategic investment, as an instrument to fulfill liquidity or income needs in a portfolio or to add a component of reduced volatility. DWM may evaluate and select individual bonds or bond funds based on a number of factors including rating, yield and duration. DWM may also utilize one or more fixed-income Separate Account Managers if appropriate for a client's portfolio.