For Broker-Dealer / Advisor use only. Not to be reproduced or shown to the public. 8740 | C9822 | 01/2013 Helping Guide Your Clients with Confidence

For Broker-Dealer / Advisor use only. Not to be reproduced or shown to the public. 8740 | C9822 | 01/2013

Helping Guide Your Clientswith Confidence

For Broker-Dealer / Advisor use only. Not to be reproduced or shown to the public. 22

Genworth Wealth Management serves independent-minded financial advisors, like you, who want to make a difference in the lives of their clients and who work hard to build a great business.

We craft our offering around your vision and needs so that you can serve clients at every stage of their investing life.


Our core beliefs

Advisors today must:

• Construct portfolios that align client expectations with outcomes

• Use a sophisticated combination of investments – beyond asset class

diversification

• Evaluate investment processes, client service model and business

model to maximize advisor efficiency and growth

• Build a great business based on practice efficiency, scale and best

practices


We help advisors solve key challenges

• Overcome time, growth and capacity challenges in your practice

• Provide clients with optimal, risk-adjusted returns and income in a low

return, high volatility environment

• Set client relationship and portfolio outcome expectations


Offering strategies for unpredictable markets and all stages of life

Investment management overview

• Purpose-built, open-architecture platform

• Strategies across four approaches to asset allocation and alternative investments for bull and bear markets

• Flexible options to address client goals at all stages of life

• Investment consulting process that provides a disciplined, repeatable means to keep your clients on course

An Investment StrategyFor Today’s Markets

Over the past decade, more traditional

approaches to diversification have

disappointed investors and fallen short

of expectations. We believe change is

needed to confidently make a difference

in the lives of your clients.

page 7For Financial Advisor use only. Not intended for use with clients.

A New Way of Thinking

• Evolve beyond traditional asset class diversification

• Modify your current investment process

• Better align portfolios with risk/return expectations


Historical research highlights the importance of asset allocation

page 9*Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns.Sources: Brinson, Hood & Beebower, Financial Analysts Journal, 1986 and Brinson, Singer & Beebower, Financial Analysts Journal, 1991

For Financial Advisor use only. Not intended for use with clients.

Factors Attributed to Portfolio Variance

Studies suggest that asset allocation,

including market participation, is

responsible for over 90% of the

variance in portfolio performance.

Asset class diversification has evolved to meet the demands of ever-changing markets

page 10See page 21 for important disclosures.


Evolving Allocation Models: A Historical Perspective

Does a higher risk profile always result in higher returns?



Hypothetical Results for the Efficient Frontier

In theory, a high risk profile should produce a high return.

Actual Benchmark Results for Market-Driven Approaches 1990-2012

In fact, the highest risk profile produced the lowest results during the observed period when risk increased.

Results haven’t measured up partly due to rising asset class correlations

page 12See index definitions on page 22.


Rolling Ten-Year Correlations to the S&P 500 Index for periods ending Jan. 2001 through Jan. 2012

And investing in a variety of asset classes has not provided compelling diversification in recent years

page 13

Maximum Drawdowns

See pages 21 for important disclosures.


The largest percentage decline from a high (peak) to a low (trough) from Oct. 2007 to Feb. 2009.

There is no guarantee that any investment product will achieve its objectives, generate profits or avoid losses. Past performance is not indicative of future results. An investor cannot invest directly in an index. Moreover, indices do not reflect commissions or fees that may be charged to an investment product based on the index, which may materially affect the performance data presented. INDICES: Intl Stocks: MSCI AC World ex-US Index; US Stocks: S&P 500 Total Return; Commodities: Dow Jones UBS Commodity Index; REITs: FTSE NAREIT Equity Index. Source: Zephyr StyleADVISOR.

Volatility can impact your clients’ results

page 14

Impact of Volatility Two Hypothetical Portfolios over Three Years

This is a hypothetical example used for illustrative purposes only and is not indicative of any particular investment.Standard deviation measures historical volatility, with a more volatile investment having a higher standard deviation than a less volatile investment.


Market volatility can shake investor confidence and impact portfolio performance

page 15


Average Annual ReturnsEquity market returns vs. equity mutual fundInvestor returns from Jan. 1993 to Dec. 2012

Source: Dalbar, Inc., Quantitative Analysis of Investor Behavior, March 2013. The bar chart depicts the average annually compounded returns of equity indices vs. equity mutual fund investors based on the length of time shareholders actually remain invested in a fund and the historic performance of the fund’s appropriate index. Past performance is no guarantee of future results. Investors cannot invest directly in an index.

Current research emphasizes the importance of market movement on portfolios

page 16

Factors Attributed to Portfolio Varianceincluding Market Movement

According to a study from

2010, approximately 70% of the

variance in portfolio performance

is due to market movement.

Asset allocation decisions beyond

the decision to participate in the

market are also significant

contributors to portfolio variance.

*Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns.Sources: Ibbotson, Xiong, Idzorek & Chen, Financial Analysts Journal, 2010


Investors experience market movement in both bull and bear cycles

page 17

Used with permission: Crestmont Research, www.crestmontresearch.com. Crestmont Research, founded by Ed Easterling, provides secular market research support to Genworth Financial Wealth Management. The Dow Jones Industrial Average ("Dow"), a registered trademark of Dow Jones & Co., Inc., is an unmanaged index composed of 30 common stocks. It is not possible to invest directly in an index. Returns shown above do not reflect the reinvestment of dividends or other distributions; these total return figures are not available for the Dow prior to October 1987. Returns shown represent only the price appreciation of the index.


Long-Term Market Cycles Jan. 1906 through Dec. 2012

Protecting your portfolio in down markets isas important as participating in up markets

page 18

Past performance is no guarantee of future results.Cyclical market data courtesy of Ned Davis Research. Used with permission. Further distribution prohibited without prior permission. ©2013 Ned Davis Research, Inc. All rights reserved. Return data sourced from Bloomberg. Total cyclical market returns are calculated using the closest month ends. The Dow Jones Industrial Average (a registered trademark of Dow Jones & Co., Inc.) is an unmanaged index composed of 30 common stocks. It is not possible to invest directly in an index. Returns shown above do not reflect the reinvestment of dividends or other distributions. Returns shown represent only the price appreciation of the index.


Secular Bull & Bear Markets Jan. 1942 through Dec. 2012

This is why we offer multiple approaches to asset allocation



Rowing Strategies

They have the freedom to delink from the market

and are not constrained by a benchmark.

They strive to avoid risks in bear markets when

headwinds threaten an investor’s progress.

Alternative Investments

They use various alternative investment strategies that are largely uncorrelated with the stock market.

Sailing Strategies

They are benchmark-driven strategies that

are primarily driven by the market.

They seek to take advantage of the tailwinds

of bull markets to capture investment returns.

Combining asset allocation approaches may enhance diversification benefits

page 20

Rolling 10-Year Correlations to the S&P 500 Index for periods ending Dec. 1999 through Dec. 2012

Source: Zephyr Style ADVISOR. See pages 21-23 for important disclosures.Relative Return, represented by GFWM Profile 6 Market benchmark (59% Russell 3000, 39% MSCI EAFE, 2% Cash); Tactical Unconstrained, represented by the HFRI Fund of Funds Composite Index; Absolute Return, represented by the HFRI EH: Equity Market Neutral Index; Managed Futures, represented by the Altegris 40® Managed Futures Index.


Today’s diversification methods may produce results more in line with your risk/return expectations

page 21

Performance of Asset Allocation Approaches Jan. 1990 through Dec. 2012

See page 21 for important disclosures.


Sailing + Rowing + Alternatives

Strategic, Tactical Constrained, Tactical Unconstrained, Absolute Return asset allocation approaches and alternative investments

Sailing only

Strategic and Tactical Constrained asset allocation approaches

A combination strategy reduces risk across all risk profiles without significantly affecting returns

DoubleLine® is a registered trademark of DoubleLine Capital LP.

You can select from well-researched investmentfirms for your clients’ portfolios

page 23

We offer two ways to build deeply diversifiedportfolios aligned with your clients’ needs

Strategist Menu and Investment Choices Guided Portfolios

page 24

We believe combining approaches to asset allocation and aligning strategies to every stage of your clients’ lives are the future of investing



A Diversified Investment Mix

We can’t control the market but

we can offer an investment process

designed to navigate volatility with

confidence and help your clients

achieve their financial goals.


page 27

Important Information

Investing in foreign securities presents certain risks not associated with domestic investments, such as currency fluctuation, political and economic instability, and different accounting standards. This may result in greater share price volatility. Investments in emerging market securities may magnify these risks.

There are special risks associated with an investment in real estate, including credit risk, interest rate fluctuations and the impact of varied economic conditions.

In addition to market risk, there are certain other risks associated with an investment in bonds, such as default risk, the risk that the company issuing debt securities will be unable to repay principal and interest, and interest rate risk, the risk that the security may decrease in value if interest rates increase. High-yield bonds, commonly known as junk bonds, are subject to greater loss of principal and interest, including default risk, than higher-rated bonds. This may result in greater share price volatility.

Managed futures trading is speculative and volatile and involves a high degree of risk. Trading in futures and options on futures is not appropriate for all persons, as the risk of loss is substantial. Therefore, except for those considered to be bona fide hedgers, only risk capital should be used in futures trading.

There is no guarantee that an Absolute Return strategy will be profitable or prevent losses in a declining market.

A short position or “selling short” is the practice of selling a security that one does not currently own. Investing in a short position is riskier than an investment in a long position. The maximum loss that can be incurred on a long position is limited to the total amount of the original investment; whereas, in addition to other risks, the maximum loss on a short position has no fixed ceiling because an asset’s price may rise indefinitely, resulting in the potential for unlimited losses.

Trading in commodities is not appropriate for all persons, as the risk of loss is substantial. Therefore, except for those considered to be bona fide hedgers, only risk capital should be used in futures trading.

Alternative investments are not suitable for all investors as the risk of loss is substantial. Please consider the investment objectives, risk factors, charges and expenses carefully before investing.

There is no guarantee that a multi-asset income or capital appreciation objective will be profitable or attain income goals. Consider the investment objectives and risk factors carefully before investing.


page 28

Index Definitions

For the asset class performance graphs, the following is a list of the indices used and a brief definition.

• Altegris 40® Managed Futures Index: tracks the performance of the 40 leading managed futures programs as reported to International Traders Research (ITR) each month.

• Citigroup 3-Month T-Bill (Cash): an unmanaged index of three-month Treasury bills.

• Barclays Capital US Aggregate Index: a broad-based index that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABSs, and CMBs.

• Dow Jones Industrial Average: an index of 30 stocks that represents large and well-known US companies and covers all industries with the exception of Transportation and Utilities.

• Dow UBS Commodity Index: an index made up of exchange-traded futures on physical commodities that aims to provide a broadly diversified representation of commodity markets as an asset class. Commodities are weighted to account for economic significance and market liquidity, in addition to relying on several diversification rules.

• HFRI EH (Hedge Fund Research, Inc.) Equity Market Neutral Index: an index based on portfolios that are designed to minimize or eliminate equity market exposure.

• HFRI (Hedge Fund Research, Inc.) Fund of Funds Composite Index: an index of hedge fund of funds. Hedge funds are funds that are not tied to a market benchmark and funds of funds are funds that invest in other funds.

• FTSE NAREIT Equity REITS Index: an index of US publicly-traded REITs. Equity REITs include those firms that own, manage and lease investment-grade commercial real estate. Specifically, a company is classified as an equity REIT if 75% or more of its gross invested book assets are invested in real property.

• MSCI EAFE Index (Europe, Australasia, Far East): a free-float-adjusted, market-capitalization-weighted index that is designed to measure the equity market performance of developed markets, excluding the US and Canada.

• MSCI Emerging Markets Index: a free-float-adjusted, market-capitalization-weighted index that is designed to measure the equity market performance of emerging markets.

• MSCI All Country World Index ex-US: a free-float-adjusted, market-capitalization-weighted index that is designed to measure the equity performance of countries considered to represent both developed and emerging markets, excluding the US.

• Russell 3000: an unmanaged index consisting of those companies considered to represent the large, mid and small cap segments of the US market.

• S&P 500® Index: an index of 500 leading companies in leading industries of the US economy, capturing 75% coverage of US equities.


Index Definitions


Appendix

page 31

The performance of individual asset allocation approaches may vary significantly with the market environment

Average Performance of Asset Allocation Approaches Jul. 2008 through Dec. 2012

NOTE: Profile 3 (Global) used for Strategic, Tactical Constrained and Tactical Unconstrained portfolio strategists. Please see important information at the end of the presentation that describes the calculation of performance and disclosures. Source: Zephyr StyleADVISOR (using monthly returns from GFWM). Net of fees for average strategist data, gross of fees for index


A combination of approaches has produced more consistent returns, year after year

page 32


Performance of a Combination of Asset Allocation Approaches Jul. 2008 through Dec. 2012

NOTE: Profile 3 (Global) used for Strategic, Tactical Constrained and Tactical Unconstrained portfolio strategists. Please see important information at the end of the presentation that describes the calculation of performance and disclosures. Source: Zephyr StyleADVISOR (using monthly returns from GFWM). Combination assumes the “Neutral” outlook allocations to the asset allocation approaches (25% Strategic, 25% Tactical Constrained, 30% Tactical Unconstrained, 20% Absolute Return).

page 33

Performance Disclosure

Performance shown in this presentation includes model and composite (actual) returns calculated on a net-of-fees basis. Information contained in the Calculation Methodology section is crucial to your understanding of the returns presented herein. These performance figures should be viewed in the context of the various risk/return profiles and asset allocation methodologies utilized by the portfolio strategists in developing their model tracking portfolios, and should be accompanied or preceded by the model portfolio descriptions for each portfolio strategist.

Returns based on model tracking portfolios (“model portfolios” or “model”) established at the time of the strategies’ inception on the platform do not reflect the actual investment results of any individual client participating in the asset allocation program, but represent the performance of the models as initially established and as adjusted from time to time based on guidance from the portfolio strategists. Actual performance results for the comparable periods would have varied from the model portfolio results based upon the timing of contributions and withdrawals from individual client accounts, and client restrictions. All investments involve the risk of potential investment losses as well as the potential for investment gains. Prior performance is no guarantee of future results and there can be no assurance, and clients should not assume, that future performance of any of the model portfolios or composite of actual client portfolios (“composite”) will be comparable to past performance. Further, the prior performance figures indicated herein represent portfolio performance for only a short time period, and may not be indicative of the returns or volatility each portfolio will generate over a long time period. Rates for periods longer than 12 months are expressed as “annualized returns” equivalent to the compound rate of return which, over a certain period of time, would produce a total return over that same period. Returns for less than 12 months are not annualized. Performance returns reflect reinvestment of dividends and other distributions. The performance returns on this presentation should also be viewed in the context of the broad market and general economic conditions prevailing during the periods covered by the performance information.

Where composite returns are presented, actual account fees (client fee and investment manager fee, if applicable) are used in the calculation of net-of-fees performance figures. The client fee consists of the financial advisor fee and the GFWM advisory fee. When model returns are presented, the maximum account fees applicable under the referral model are used to calculate performance. Please refer to Genworth Financial Wealth Management, Inc.’s Disclosure Brochure for a complete description of all applicable fees.


page 34

Calculation Methodology

Mutual Fund and Exchange Traded Fund (ETF) Investment Solutions

Since inception, all model portfolios have been generated using Fiserv APL portfolio management software. Model portfolio accounts were established using this software based upon the initial mutual fund allocations provided by each portfolio strategist, and were then rebalanced periodically in accordance with the instructions provided by the strategists.

Model performance is presented since the inception date of each Strategist’s model portfolios until the first month of the quarter that composite calculation status is reached in a Strategist’s Mandate. Composite calculation status is reached when 65% of the Profiles in the Mandate contain at least five (5) client accounts and total assets of two (2) million dollars held in custody at Genworth Financial Trust Company (GFTC) under the Referral Model. Model returns may be linked to actual composite returns when calculating quarterly or annual return figures. Composite dates may be found on the full asset allocation performance sheets available on eWealthManager.com under Investments.

For comparison purposes, model performance figures for the investment solutions are calculated using model portfolios at TD Ameritrade and Genworth Financial Trust Company (GFTC). Actual client performance for certain portfolio strategists’ mutual fund model portfolios held at different custodians will vary from the model performance at TD Ameritrade and GFTC due to fund availability.

The following table sets for the maximum fee rate used in calculating model returns, net of fees:

*Strategists have been terminated from the platform but are still included in the average strategist performance calculations.


page 35

Calculation Methodology (cont.)

UMA – Active Return Opportunities (ARO)

Model performance is presented since inception of the ARO Solution Type (October 8, 2007) until each mandate (Global, High Current Income, and Domestic) reaches composite calculation status. Performance is calculated on a composite basis when 65% of the Profiles in the mandate contain at least one client account. The quarter following the date that mandate composite status is achieved, composite returns are presented.

The maximum fee rate used in calculating net of fees model returns: for ARO 250 & 500 is 2.80%, for ARO 100 is 2.60%, and for ARO 50 is 2.70%

Composite returns used in the performance presentation are calculated using a value-weighted average of client assets in the solution type.

ARO model returns include non-taxable accounts and taxable accounts with a tax-harvesting feature. This feature permits taxable accounts to hold exchange traded funds (ETFs) instead of the security in the model that the non-taxable accounts may hold. At any time taxable accounts may hold more or less of the ETF than non-taxable accounts, and for this reason, actual client performance for taxable accounts may deviate from the model returns shown on this presentation.

UMA– Genworth Multiple Strategies (GMS)

For all periods after the indicated composite date, the GMS performance results displayed reflect the composite performance for all discretionary client accounts invested in the various services, using the Modified Dietz Method.

UMA – Privately Managed Portfolios (PMP)

PMP performance results displayed reflect composites for all discretionary client accounts for each PMP service. Composite returns are calculated net of actual client fees. Model performance may be used for mandates that have not achieved composite status (minimum of five accounts and assets of $2 Million or more).

UMA - GFAM Preservation Strategy

Performance returns presented reflect the composite performance for all discretionary client accounts invested in this solution type shown on a net of actual client fee basis. Composite returns used in this performance presentation are calculated using a value-weighted average of client assets in the solution type.

IMA - Rochdale

Model performance figures for the Rochdale Models are calculated by Rochdale Investment Management on a monthly basis. Genworth Financial Wealth Management, Inc. receives such performance information directly from Rochdale and does not perform any independent verification as to the accuracy of this information. Model performance figures are presented net of the maximum IMA Fee for Rochdale of 2.40%. Advent Axys provides return calculation and pricing information Trade Date and Accrual Accounting is used. Returns are time weighted.

CMA/Manager Select Investment Solution – BlackRock

Model performance figures for the CMAs are calculated by Parametric Portfolio Associates on a monthly basis. Manager Select managers provide Parametric their specific asset allocation on which to base the performance figure calculation. The Manager Select manager updates their asset allocations selection daily to Parametric via an automated interface. Parametric calculates the performance by simulating the execution of the manager selections as of close of market and utilizes Advent Axys software for this calculation. Genworth Financial Wealth Management, Inc. receives such performance information directly from Parametric and does not perform any independent verification as to the accuracy of this information. Performance returns for annual and multiyear time periods are calculated using Fiserv APL by Genworth Financial Wealth Management, Inc. from the monthly returns provided by Parametric. Parametric has calculated performance for the CMAs since inception of the CMA and Manager Select products. Model Performance figures are presented net of the maximum Manager Select fee of 2.25%.

Average Performance

Using the performance calculation methodologies previously described, GFWM averages the performance of all portfolio strategists for Profile 3 accounts that are available for each time period shown. Averages are equal-weighted, so that the results reflect the average only of the stated performance for each portfolio strategist for the time-period shown, and do not take into account actual assets under management. Averages are presented for informational purposes only and do not reflect results of any actual client account on the GFWM Platform.


Crestmont Research, founded by Ed Easterling, provides secular market research to Genworth Financial Wealth Management (GFWM). His book,

Unexpected Returns: Understanding Secular Stock Market Cycles, discusses the Sailing and Rowing analogy which is also used by GFWM to describe asset allocation and portfolio construction strategies.

For more complete information about the various investment solutions available and the fees associated with them, please refer to the Disclosure Brochure, which you can obtain from Genworth Financial Wealth Management.

Genworth Financial Wealth Management, Inc.2300 Contra Costa Blvd., Suite 600Pleasant Hill, CA 94523800-664-5345

Genworth Financial Wealth Management and Altegris Advisors are Genworth Financial companies. Genworth Financial Asset Management (“GFAM”) is a division of Genworth Financial Wealth Management, Inc. Genworth Financial Wealth Management, Inc. is an investment advisor registered with the Securities and Exchange Commission. Genworth, Genworth Financial and the Genworth logo are registered service marks of Genworth Financial, Inc. ©2013 Genworth Financial Wealth Management, Inc. All rights reserved.

4620 C10902 04/2013

Documents

For Broker-Dealer / Advisor use only. Not to be reproduced or shown to the public. 8740 | C9822 | 01/2013 Helping Guide Your Clients with Confidence