MAYFACT SHEET - Brinker Capital...Portfolios Aggressive Equity with Alts Qualified Portfolio Structure ... Target Range Domestic Equity 54.14% 55%-85% Vanguard Total Stock Market ETF

PersonalPortfoliosAggressive Equity with AltsQualified

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. A commitment tointernational equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, will bemaintained. Investors should realize that theequity emphasis will produce a high level ofvolatility.

Portfolio Management TeamAndrew Rosenberger, CFASenior Investment Manager10 years industry experienceB.S. Pennsylvania StateUniversity

William H. MillerChief Investment Officer32 years industry experienceB.A. Trinity College

Key StatisticsInception Date December 2008Cumulative Return Since 4/09 144.08%Total Net Assets (Mil) $831Number of Holdings/Positions 23Annual Portfolio Turnover 29.34Yield 1.52%Expense Ratio 0.46%Portfolio Investment Minimum $250,000

Portfolio Objectives

Seeks to maximize long-term capital appreciation that exceeds inflation.

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Portfolio Highlights

1 Broad Asset Class Exposures: Portfolio is diversified across multiple asset classes with a majority allocated to equitiesand a smaller allocation dedicated to alternatives.

2 Many Diverse Strategies: The asset classes and sub-classes that comprise this Portfolio are primarily equities andfocused on aggressive growth in order to exceed inflation.

3 Supports an Overall Investment Strategy: Portfolio is designed for qualified investments and is meant to complementan investor’s fixed income holdings.

Asset Class Breakdown as of 5/31/15

Market ExposureLegendGroup Gross Net

Asset

Rank

¢ Domestic EquityDomestic Equity 54% 54%1.0

0¢ International EquityInternational Equity 29% 29%

2.00

¢ Fixed IncomeFixed Income 3% 3%3.0

0¢ Real AssetsReal Assets 4% 4%

4.00

¢ Absolute ReturnAbsolute Return 5% 5%5.0

0¢ Private EquityPrivate Equity 2% 2%

6.00

Gross Market Exposure may not add to 100% due to the exclusion of cash.Net Market Exposure represents long minus short exposure.

Annualized Performance as of 5/31/15 Standard Deviation

StrategyRussell 3000ACWI ex USBarclays AggHFRX

1 Month 3 Months YTD 1 Year 3 Year 5 YearSince

Apr 090.91% 1.29% 4.35% 7.78% 15.29% 11.95% 15.57%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year6.45% 7.09% 11.16%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%

Growth of $100,000 Since April 2009

Mar 09 Nov 09 Jul 10 Mar 11 Nov 11 Jul 12 Mar 13 Nov 13 Jul 14 Mar 15

$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848

$216,617

$244,083

$308,380Personal Portfolios Aggressive Equity with Alts QualifiedRussell 3000ACWI ex USBarclays AggHFRX

The product changed its investment mandate in April 2009. Past performance is no guarantee of future results or trends. The returns arecalculated gross (before the deduction) of advisory fees payable to Brinker Capital or other expenses for services not covered by theadvisory fee. These fees and expenses will reduce your return. Russell 3000: A market capitalization weighted equity index maintained bythe Russell Investment Group that seeks to be a benchmark of the entire U.S. stock market. This index encompasses the 3,000 largest U.S.-traded stocks, in which the underlying companies are all incorporated in the U.S. MSCI All Country World Ex U.S. A market-capitalization-weighted index maintained by MSCI Inc. and designed to provide a broad measure of stock performance throughout the world, with theexception of U.S.-based companies. The MSCI All Country World Index Ex-U.S. includes both developed and emerging markets. Barclays U.S.Aggregate: A market capitalization-weighted index, maintained by Barclays Capital, and is often used to represent investment grade bondsbeing traded in United States. HFRX Global Hedge Fund Index (USD): Brinker uses the HFRX Global Hedge Fund Index as a performancereference point, because it is designed to be representative of the overall composition of the hedge fund universe. One-on-OnePresentation: This report is exclusively for use in one-on-one presentations with sophisticated investors.

www.BrinkerCapital.com 800.333.4573 1055 Westlakes Drive / Suite 250 / Berwyn, PA 19312

Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20

15Personal PortfoliosAggressive Equity with AltsQualified

Firm OverviewBrinker Capital is an investment managementfirm and one of the nation’s leadingindependent providers of managed accountand mutual fund investment services. Throughour innovative investment products, we seekto provide real purchasing power for investorsand sustainable purchasing power for futuregenerations. Brinker Capital was founded in1987 by Charles Widger and is located insuburban Philadelphia. Brinker Capital Inc., aregistered investment advisor.

The holdings supplied are a complete list as of5/29/2015. These may change prior toinvestment and are subject to change at anytime. Allocations may not add to totals due torounding of asset class and fund allocationpercentages.

Portfolio HoldingsTarget Range

Domestic Equity 54.14% 55%-85%Vanguard Total Stock Market ETF 39.86% 55%-85%ASTON/TAMRO Small Cap Core 3.65% 55%-85%John Hancock Technical Opportunities 3.61% 55%-85%Berkshire Hathaway Inc. Cl B 2.30% 55%-85%Touchstone Focused Equity 2.26% 55%-85%SPDR Technology Sector 1.53% 55%-85%Outfront Media Inc 0.92% 55%-85%Karpus Domestic Equity 0.00% 55%-85%International Equity 29.21% 15%-50%Fidelity Spartan International Index 13.87% 15%-50%Wasatch Frontier Emg Small Countries 5.19% 15%-50%Wisdomtree Japan Hedged Equity ETF 3.25% 15%-50%Wasatch Emerging Mkts Small Cap 2.83% 15%-50%iShares Currency Hedged Germany ETF 2.19% 15%-50%iShares India 50 ETF 1.88% 15%-50%Fixed Income 6.08% 0%-10%Cash 3.42% 0%-10%PIMCO Enhanced Short Maturity Active ETF 2.66% 0%-10%Real Assets 3.60% 0%-15%JPMorgan Alerian MLP ETN 2.33% 0%-15%Morgan Stanley Global Real Estate 1.28% 0%-15%Absolute Return 4.56% 0%-30%RiverNorth Core Opportunity 1.99% 0%-30%Absolute Opportunities 1.40% 0%-30%Witherspoon Managed Futures 1.17% 0%-30%Brinker Capital Cyrstal Strategy 0.00% 0%-30%Private Equity 2.41% 0%-15%Red Rocks Listed Private Equity 2.41% 0%-15%

Additional Statistics - Five YearsEstimated Beta 0.78Historical Beta 0.89Sharpe Ratio 1.06Maximum Drawdown -18.18%# Positive Months 38# Negative Months 22Best Quarter % Return 11.64%Worst Quarter % Return -15.58%

Calendar Year Performance

StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 5.70% 12.56% -3.44% 5.97% -0.58%2013 24.09% 33.55% 15.78% -2.02% 6.72%2012 15.57% 16.42% 17.39% 4.21% 3.51%2011 -5.64% 1.03% -13.33% 7.84% -8.87%2010 14.33% 16.93% 11.60% 6.54% 5.19%

Estimated Beta: Unlike Historical Beta which shows thebeta of the portfolio using prior returns, the EstimatedBeta is a forward looking estimate of our current betabased upon current portfolio positioning. HistoricalBeta: A measure of a portfolio's sensitivity to marketmovements. Beta measured against S&P 500. SharpeRatio: A measure of a portfolio's excess return per unitof risk. Maximum Drawdown: The peak to troughdecline of a portfolio during a specific period.Index/Benchmarks: The indices are provided forcomparative purposes only and are not intended toparallel the risk or investment style of any particularmanager or mutual fund included in the investmentstrategy or reflect guidelines, restrictions,correlations, concentrations, sector allocations orvolatility of the portfolio or of any such manager ormutual fund. Figures for the indices reflect thereinvestment of dividends but do not reflect anymanagement fees, transaction costs or expenses,which would reduce returns. Indices are unmanagedand an investor cannot invest directly in an index.

Performance Data: The performance returns for Investment Strategies included in the Unified Managed Account (“UMA”) Program are based upon monthly composite returns of accounts thatwere open and invested in the recommended Investment Strategy for the entire month. The composite excludes accounts that: (i) had a contribution or withdrawal during a month greater than10% of the market value of the account, (ii) had more than 3% in cash during the month, (iii) had client specified investment restrictions or (iv) utilized a customized tax transition investmentapproach. Detailed information regarding the Investment Strategy composite is available upon request. The composite returns are based on actual market values and are weighted accordingly.All calculations reflect the deduction of the internal management fees and expenses of any mutual funds or ETFs included in the accounts but are gross (before deduction) of advisory fees payableto Brinker Capital, which will reduce an investor’s return. Generally, a higher percentage of smaller UMA accounts will be invested in funds rather than allocated to separate account managers inorder to obtain greater diversification among asset classes and investment styles. Since Brinker Capital retains full discretion to add or replace managers and funds in which the account isinvested and to change the allocation among such managers and/or funds, the historical performance of the recommended Investment Strategy may reflect the performance of managers andfunds which are no longer included in the recommended Investment Strategy. Furthermore, past performance of the managers and funds included in the recommended Investment Strategy is nota guarantee of future results or trends. Fees: The performance information does not reflect the deduction of advisory fees payable to Brinker Capital and any other expenses for services notcovered by the advisory fee that an investor may incur, which will reduce a client’s return. Brinker Capital charges one comprehensive fee for investment management services, which includesmanager and fund due diligence, asset allocation, manager fees, custody fees and trading expenses and solicitor fees. Brinker Capital’s fee does not include the internal management fees andoperating expenses of mutual funds in which a client’s account is invested, which are reflected in the performance informationcontained herein. Brinker Capital’s fees are disclosed in Part 2A of its Form ADV. The net effect of the deduction of Brinker Capital’sfees on annualized performance, including the compounded effect over time, is determined by the relative size of the fee and theaccount’s investment performance. The chart to the right depicts the effect of a 1% management fee on the growth of one dollarover a ten year period at 10% (9% after fees), 5% (4% after fees) and 3% (2% after fees) assumed rates of return.

PersonalPortfoliosAggressive Equity with AltsTaxable




Key StatisticsInception Date December 2008Cumulative Return Since 4/09 142.97%Total Net Assets (Mil) $831Number of Holdings/Positions 24Annual Portfolio Turnover 33.54Yield 1.59%Expense Ratio 0.56%Portfolio Investment Minimum $250,000Portfolio Investment Maximum $500,000



MAYFACT SHEET 20

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3 Supports an Overall Investment Strategy: Portfolio is designed for taxable investments and is meant to complement aninvestor’s fixed income holdings.



Asset

Rank



2.00



4.00



6.00



StrategyRussell 3000ACWI ex USBarclays MuniHFRX


Apr 090.94% 1.77% 5.09% 8.03% 15.22% 11.96% 15.48%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year6.45% 7.05% 11.11%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$216,617

$242,975

$308,380Personal Portfolios Aggressive Equity with Alts TaxableRussell 3000ACWI ex USBarclays MuniHFRX

The product changed its investment mandate in April 2009. Past performance is no guarantee of future results or trends. The returns arecalculated gross (before the deduction) of advisory fees payable to Brinker Capital or other expenses for services not covered by theadvisory fee. These fees and expenses will reduce your return. Russell 3000: A market capitalization weighted equity index maintained bythe Russell Investment Group that seeks to be a benchmark of the entire U.S. stock market. This index encompasses the 3,000 largest U.S.-traded stocks, in which the underlying companies are all incorporated in the U.S. MSCI All Country World Ex U.S. A market-capitalization-weighted index maintained by MSCI Inc. and designed to provide a broad measure of stock performance throughout the world, with theexception of U.S.-based companies. The MSCI All Country World Index Ex-U.S. includes both developed and emerging markets. BarclaysMunicipal Bond Index: A market-weighted index, maintained by Barclays Capital, used to represent the broad market for investment grade,tax-exempt bonds with a maturity of over one year. HFRX Global Hedge Fund Index (USD): Brinker uses the HFRX Global Hedge Fund Index asa performance reference point, because it is designed to be representative of the overall composition of the hedge fund universe. One-on-One Presentation: This report is exclusively for use in one-on-one presentations with sophisticated investors.


Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20

15Personal PortfoliosAggressive Equity with AltsTaxable




Domestic Equity 50.69% 55%-85%AIA Tax-Managed Global Equity 21.51% 55%-85%Vanguard Total Stock Market ETF 9.79% 55%-85%iShares Russell 1000 Growth 7.57% 55%-85%ASTON/TAMRO Small Cap Core 2.79% 55%-85%John Hancock Technical Opportunities 2.75% 55%-85%SPDR Technology Sector 1.83% 55%-85%Berkshire Hathaway Inc. Cl B 1.74% 55%-85%Touchstone Focused Equity 1.69% 55%-85%Outfront Media Inc 1.01% 55%-85%International Equity 22.42% 15%-50%Wasatch Frontier Emg Small Countries 5.89% 15%-50%Fidelity Spartan International Index 5.80% 15%-50%Wisdomtree Japan Hedged Equity ETF 3.94% 15%-50%Wasatch Emerging Mkts Small Cap 2.70% 15%-50%iShares Currency Hedged Germany ETF 2.63% 15%-50%iShares India 50 ETF 1.45% 15%-50%Fixed Income 7.49% 0%-10%Cash 5.49% 0%-10%PIMCO Enhanced Short Maturity Active ETF 2.00% 0%-10%Real Assets 3.99% 0%-15%JPMorgan Alerian MLP ETN 2.47% 0%-15%Morgan Stanley Global Real Estate 1.52% 0%-15%Absolute Return 11.71% 0%-30%Brinker Capital Crystal Strategy I 7.85% 0%-30%RiverNorth Core Opportunity 1.50% 0%-30%Witherspoon Managed Futures 1.37% 0%-30%Absolute Opportunities 0.99% 0%-30%Private Equity 3.70% 0%-15%Red Rocks Listed Private Equity 3.70% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 5.06% 12.56% -3.44% 9.05% -0.58%2013 23.66% 33.55% 15.78% -2.55% 6.72%2012 15.25% 16.42% 17.39% 6.78% 3.51%2011 -4.64% 1.03% -13.33% 10.70% -8.87%2010 13.38% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosAggressive Equity with AltsTaxable




Key StatisticsInception Date April 2008Cumulative Return Since 4/09 142.97%Total Net Assets (Mil) $831Number of Holdings/Positions 28Annual Portfolio Turnover 28.71Yield 1.47%Expense Ratio 0.59%Portfolio Investment Minimum $500,000



MAYFACT SHEET 20

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3 Supports an Overall Investment Strategy: Portfolio is designed for taxable investments and is meant to complement aninvestor’s fixed income holdings.



Asset

Rank



2.00



4.00



6.00





Apr 090.94% 1.77% 5.09% 8.03% 15.22% 11.96% 15.48%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year6.45% 7.05% 11.11%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$216,617

$242,975

$308,380Personal Portfolios Aggressive Equity with Alts TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20

15Personal PortfoliosAggressive Equity with AltsTaxable




Domestic Equity 60.19% 55%-85%Direct Research Large Cap Growth 12.57% 55%-85%Direct Research All Cap 10.45% 55%-85%AIA Tax-Managed Global Equity 10.24% 55%-85%Karpus Domestic Equity 8.54% 55%-85%Vanguard Total Stock Market ETF 6.19% 55%-85%iShares Russell 1000 Growth 4.79% 55%-85%ASTON/TAMRO Small Cap Core 1.73% 55%-85%John Hancock Technical Opportunities 1.70% 55%-85%SPDR Technology Sector 1.13% 55%-85%Berkshire Hathaway Inc. Cl B 1.07% 55%-85%Touchstone Focused Equity 1.06% 55%-85%Outfront Media Inc 0.71% 55%-85%International Equity 19.45% 15%-50%Karpus International Equity 5.32% 15%-50%Wasatch Frontier Emg Small Countries 3.78% 15%-50%Fidelity Spartan International Index 3.70% 15%-50%Wisdomtree Japan Hedged Equity ETF 2.44% 15%-50%Wasatch Emerging Mkts Small Cap 1.68% 15%-50%iShares Currency Hedged Germany ETF 1.63% 15%-50%iShares India 50 ETF 0.90% 15%-50%Fixed Income 4.95% 0%-10%Cash 3.70% 0%-10%PIMCO Enhanced Short Maturity Active ETF 1.24% 0%-10%Real Assets 2.49% 0%-15%JPMorgan Alerian MLP ETN 1.54% 0%-15%Morgan Stanley Global Real Estate 0.95% 0%-15%Absolute Return 10.63% 0%-30%Brinker Capital Crystal Strategy I 8.22% 0%-30%RiverNorth Core Opportunity 0.94% 0%-30%Witherspoon Managed Futures 0.85% 0%-30%Absolute Opportunities 0.62% 0%-30%Private Equity 2.30% 0%-15%Red Rocks Listed Private Equity 2.30% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 5.06% 12.56% -3.44% 9.05% -0.58%2013 23.66% 33.55% 15.78% -2.55% 6.72%2012 15.25% 16.42% 17.39% 6.78% 3.51%2011 -4.64% 1.03% -13.33% 10.70% -8.87%2010 13.38% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosAggressive Equity Qualified




Key StatisticsInception Date October 2006Cumulative Return Since 4/09 153.68%Total Net Assets (Mil) $831Number of Holdings/Positions 19Annual Portfolio Turnover 17.98Yield 1.32%Expense Ratio 0.40%Portfolio Investment Minimum $250,000Portfolio Investment Maximum $500,000


Seeks to provide current income and uses primarily equities to maximize long-term capital appreciation that exceeds inflation.

MAYFACT SHEET 20

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3 Supports an Overall Investment Strategy: Portfolio is designed for qualified investments.



Asset

Rank



2.00



4.00



6.00





Apr 091.20% 1.75% 5.15% 9.15% 16.01% 12.53% 16.29%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.80% 2.54% 1.12% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year6.83% 7.61% 12.20%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.89%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,587$132,848

$216,617

$253,683

$308,380Personal Portfolios Aggressive Equity QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20

15Personal Portfolios

Aggressive Equity Qualified

Firm OverviewBrinker Capital is an investment managementfirm and one of the nation's leadingindependent providers of managed accountand mutual fund investment services. Throughour innovative investment products, we seekto provide real purchasing power for investorsand sustainable purchasing power for futuregenerations. Brinker Capital was founded in1987 by Charles Widger and is located insuburban Philadelphia. Brinker Capital Inc., aregistered investment advisor.



Domestic Equity 59.85% 55%-85%Vanguard Total Stock Market ETF 25.71% 55%-85%Karpus Domestic Equity 16.26% 55%-85%iShares Russell 1000 Growth 5.46% 55%-85%ASTON/TAMRO Small Cap Core 2.72% 55%-85%Berkshire Hathaway Inc. Cl B 2.25% 55%-85%SPDR Technology Sector 2.21% 55%-85%Touchstone Focused Equity 2.18% 55%-85%John Hancock Technical Opportunities 2.12% 55%-85%Outfront Media Inc 0.94% 55%-85%International Equity 26.20% 15%-50%Fidelity Spartan International Index 9.16% 15%-50%Wasatch Frontier Emg Small Countries 5.45% 15%-50%Wisdomtree Japan Hedged Equity ETF 5.01% 15%-50%Wasatch Emerging Mkts Small Cap 2.59% 15%-50%iShares Currency Hedged Germany ETF 2.13% 15%-50%iShares India 50 ETF 1.86% 15%-50%Fixed Income 9.64% 0%-10%Cash 9.64% 0%-10%Real Assets 0.54% 0%-15%JPMorgan Alerian MLP ETN 0.54% 0%-15%Absolute Return 0.78% 0%-30%RiverNorth Core Opportunity 0.78% 0%-30%Private Equity 2.99% 0%-15%Red Rocks Listed Private Equity 2.99% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 5.85% 12.56% -3.44% 5.97% -0.57%2013 24.87% 33.55% 15.78% -2.02% 6.73%2012 15.93% 16.42% 17.39% 4.21% 3.51%2011 -6.18% 1.03% -13.33% 7.84% -8.88%2010 15.39% 16.93% 11.60% 6.54% 5.19%2009 28.08% 28.34% 42.14% 5.93% 13.40%2008 -44.16% -37.31% -45.24% 5.24% -23.25%2007 9.41% 5.14% 17.12% 6.97% 4.24%



PersonalPortfoliosAggressive Equity Qualified

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. A commitment tointernational equities will be maintained.Investors should realize that the equityemphasis will likely produce a very high level ofvolatility.



Key StatisticsInception Date October 2006Cumulative Return Since 4/09 153.68%Total Net Assets (Mil) $831Number of Holdings/Positions 19Annual Portfolio Turnover 22.84Yield 1.33%Expense Ratio 0.32%Portfolio Investment Minimum $500,000



MAYFACT SHEET 20

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3 Supports an Overall investment Strategy: Portfolio is designed for qualified investments.



Asset

Rank



2.00



4.00



6.00





Apr 091.20% 1.75% 5.15% 9.15% 16.01% 12.53% 16.29%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year6.83% 7.61% 12.20%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848

$216,617

$253,683

$308,380Personal Portfolios Aggressive Equity QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Aggressive Equity Qualified

Firm OverviewBrinker Capital is an investment managementfirm and one of the nation's leadingindependent providers of managed accountand mutual fund investment services. Throughour innovative investment products, we seekto provide real purchasing power for investorsand sustainable purchasing power for futuregenerations. Brinker Capital was founded in1987 by Charles Widger and is located insuburban Philadelphia. Brinker Capital Inc., aregistred investment advisor.



Domestic Equity 57.86% 0%-50%Vanguard Total Stock Market ETF 27.10% 0%-50%Karpus Domestic Equity 11.66% 0%-50%iShares Russell 1000 Growth 5.90% 0%-50%ASTON/TAMRO Small Cap Core 2.86% 0%-50%Berkshire Hathaway Inc. Cl B 2.44% 0%-50%SPDR Technology Sector 2.40% 0%-50%Touchstone Focused Equity 2.35% 0%-50%John Hancock Technical Opportunities 2.21% 0%-50%Outfront Media Inc 0.95% 0%-50%International Equity 28.06% 15%-50%Fidelity Spartan International Index 9.66% 15%-50%Wasatch Frontier Emg Small Countries 5.89% 15%-50%Wisdomtree Japan Hedged Equity ETF 5.42% 15%-50%Wasatch Emerging Mkts Small Cap 2.79% 15%-50%iShares Currency Hedged Germany ETF 2.33% 15%-50%iShares India 50 ETF 1.98% 15%-50%Fixed Income 9.54% 0%-10%Cash 9.54% 0%-10%Real Assets 0.58% 0%-15%JPMorgan Alerian MLP ETN 0.58% 0%-15%Absolute Return 0.83% 0%-30%RiverNorth Core Opportunity 0.83% 0%-30%Private Equity 3.14% 0%-15%Red Rocks Listed Private Equity 3.14% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 5.85% 12.56% -3.44% 5.97% -0.58%2013 24.87% 33.55% 15.78% -2.02% 6.72%2012 15.93% 16.42% 17.39% 4.21% 3.51%2011 -6.18% 1.03% -13.33% 7.84% -8.87%2010 15.39% 16.93% 11.60% 6.54% 5.19%2009 28.08% 28.34% 42.14% 5.93% 13.40%2008 -44.16% -37.31% -45.24% 5.24% -23.25%2007 9.41% 5.14% 17.12% 6.97% 4.23%



PersonalPortfoliosAggressive Equity Taxable




Key StatisticsInception Date May 2006Cumulative Return Since 4/09 156.12%Total Net Assets (Mil) $831Number of Holdings/Positions 19Annual Portfolio Turnover 20.82Yield 1.50%Expense Ratio 0.46%Portfolio Investment Minimum $250,000Portfolio Investment Maximum $500,000



MAYFACT SHEET 20

15




3 Supports an Overall Investment Strategy: Portfolio is designed for taxable investments.



Asset

Rank



2.00



4.00



6.00





Apr 091.23% 1.95% 5.46% 9.33% 16.23% 12.71% 16.48%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year6.95% 7.70% 12.18%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$216,617

$256,120

$308,380Personal Portfolios Aggressive Equity TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Aggressive Equity Taxable




Domestic Equity 56.70% 55%-85%Vanguard Total Stock Market ETF 21.75% 55%-85%AIA Tax-Managed Global Equity 16.59% 55%-85%iShares Russell 1000 Growth 4.69% 55%-85%ASTON/TAMRO Small Cap Core 2.81% 55%-85%Berkshire Hathaway Inc. Cl B 2.49% 55%-85%John Hancock Technical Opportunities 2.44% 55%-85%Touchstone Focused Equity 2.28% 55%-85%SPDR Technology Sector 2.20% 55%-85%Outfront Media Inc 1.44% 55%-85%International Equity 29.42% 15%-50%Wisdomtree Japan Hedged Equity ETF 7.84% 15%-50%Fidelity Spartan International Index 6.70% 15%-50%Wasatch Frontier Emg Small Countries 6.49% 15%-50%iShares Currency Hedged Germany ETF 3.28% 15%-50%Wasatch Emerging Mkts Small Cap 3.06% 15%-50%iShares India 50 ETF 2.06% 15%-50%Fixed Income 8.61% 0%-10%Cash 8.61% 0%-10%Real Assets 0.65% 0%-15%JPMorgan Alerian MLP ETN 0.65% 0%-15%Absolute Return 1.15% 0%-30%RiverNorth Core Opportunity 1.15% 0%-30%Private Equity 3.46% 0%-15%Red Rocks Listed Private Equity 3.46% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 5.93% 12.56% -3.44% 9.05% -0.58%2013 25.26% 33.55% 15.78% -2.55% 6.72%2012 15.25% 16.42% 17.39% 6.78% 3.51%2011 -5.03% 1.03% -13.33% 10.70% -8.87%2010 14.63% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosAggressive Equity Taxable




Key StatisticsInception Date May 2006Cumulative Return Since 4/09 156.12%Total Net Assets (Mil) $831Number of Holdings/Positions 23Annual Portfolio Turnover 25.66Yield 1.41%Expense Ratio 0.32%Portfolio Investment Minimum $500,000



MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 091.23% 1.95% 5.46% 9.33% 16.23% 12.71% 16.48%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year6.95% 7.70% 12.18%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$216,617

$256,120

$308,380Personal Portfolios Aggressive Equity TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Aggressive Equity Taxable




Domestic Equity 66.04% 55%-85%Vanguard Total Stock Market ETF 14.30% 55%-85%Direct Research Large Cap Growth 11.86% 55%-85%Direct Research All Cap 10.27% 55%-85%AIA Tax-Managed Global Equity 9.18% 55%-85%Karpus Domestic Equity 8.30% 55%-85%iShares Russell 1000 Growth 3.08% 55%-85%ASTON/TAMRO Small Cap Core 1.85% 55%-85%Berkshire Hathaway Inc. Cl B 1.64% 55%-85%John Hancock Technical Opportunities 1.60% 55%-85%Touchstone Focused Equity 1.50% 55%-85%SPDR Technology Sector 1.45% 55%-85%Outfront Media Inc 1.01% 55%-85%International Equity 25.07% 15%-50%Karpus International Equity 5.72% 15%-50%Wisdomtree Japan Hedged Equity ETF 5.16% 15%-50%Fidelity Spartan International Index 4.41% 15%-50%Wasatch Frontier Emg Small Countries 4.27% 15%-50%iShares Currency Hedged Germany ETF 2.17% 15%-50%Wasatch Emerging Mkts Small Cap 2.01% 15%-50%iShares India 50 ETF 1.34% 15%-50%Fixed Income 5.43% 0%-10%Cash 5.43% 0%-10%Real Assets 0.43% 0%-15%JPMorgan Alerian MLP ETN 0.43% 0%-15%Absolute Return 0.76% 0%-30%RiverNorth Core Opportunity 0.76% 0%-30%Private Equity 2.28% 0%-15%Red Rocks Listed Private Equity 2.28% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 5.93% 12.56% -3.44% 9.05% -0.58%2013 25.26% 33.55% 15.78% -2.55% 6.72%2012 15.25% 16.42% 17.39% 6.78% 3.51%2011 -5.03% 1.03% -13.33% 10.70% -8.87%2010 14.63% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosAggressive Qualified

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. A commitment tointernational equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, will bemaintained. The fixed income exposure willtypically be achieved through municipal bondinvestments. Investors should realize that theequity emphasis will likely produce a high levelof volatility.



Key StatisticsInception Date April 2006Cumulative Return Since 4/09 131.13%Total Net Assets (Mil) $831Number of Holdings/Positions 26Annual Portfolio Turnover 28.69Yield 1.58%Expense Ratio 0.41%Portfolio Investment Minimum $250,000Portfolio Investment Maximum $500,000


Seeks to provide current income and maximize long-term capital appreciation.

MAYFACT SHEET 20

15


1 Broad Asset Class Exposures: Portfolio is diversified across multiple asset classes with a significant portion investedin equities with smaller allocations to fixed income and alternatives.

2 Many Diverse Strategies: The asset classes and sub-classes that comprise this Portfolio focus on aggressive growthin order to exceed inflation.




Asset

Rank



2.00



4.00



6.00





Apr 091.11% 1.44% 4.77% 8.58% 13.79% 11.13% 14.55%

1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%

-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year5.92% 6.56% 9.99%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848

$216,617$231,133

$308,380Personal Portfolios Aggressive QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Aggressive Qualified




Domestic Equity 53.44% 35%-75%Vanguard Total Stock Market ETF 26.16% 35%-75%Karpus Domestic Equity 15.56% 35%-75%iShares Russell 1000 Growth 3.13% 35%-75%John Hancock Technical Opportunities 1.78% 35%-75%Berkshire Hathaway Inc. Cl B 1.69% 35%-75%Touchstone Focused Equity 1.66% 35%-75%SPDR Technology Sector 1.41% 35%-75%ASTON/TAMRO Small Cap Core 1.35% 35%-75%Outfront Media Inc 0.71% 35%-75%International Equity 21.67% 11%-42%Fidelity Spartan International Index 8.96% 11%-42%Wisdomtree Japan Hedged Equity ETF 4.96% 11%-42%Wasatch Frontier Emg Small Countries 3.00% 11%-42%iShares Currency Hedged Germany ETF 1.87% 11%-42%Wasatch Emerging Mkts Small Cap 1.46% 11%-42%iShares India 50 ETF 1.42% 11%-42%Fixed Income 10.12% 0%-30%Cash 5.33% 0%-30%DoubleLine Total Return Bond 2.59% 0%-30%PIMCO Enhanced Short Maturity Active ETF 1.51% 0%-30%JPMorgan High Yield Bond Fund 0.70% 0%-30%Real Assets 1.37% 0%-15%Morgan Stanley Global Real Estate 0.94% 0%-15%JPMorgan Alerian MLP ETN 0.43% 0%-15%Absolute Return 10.76% 0%-30%Crystal Strategy I 8.07% 0%-30%RiverNorth Core Opportunity 1.46% 0%-30%Witherspoon Managed Futures 0.88% 0%-30%Absolute Opportunities 0.35% 0%-30%Private Equity 2.64% 0%-15%Red Rocks Listed Private Equity 2.64% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 5.42% 12.56% -3.44% 5.97% -0.58%2013 21.82% 33.55% 15.78% -2.02% 6.72%2012 13.69% 16.42% 17.39% 4.21% 3.51%2011 -4.86% 1.03% -13.33% 7.84% -8.87%2010 13.71% 16.93% 11.60% 6.54% 5.19%



PersonalPortfoliosAggressive Qualified

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. Commitments tointernational equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, will bemaintained. The fixed income allocation will bedivided into various fixed income sub-classes.Investors should realize that the equityemphasis will likely produce a high level ofvolatility.






MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 091.11% 1.44% 4.77% 8.58% 13.79% 11.13% 14.55%

1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%

-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year5.92% 6.56% 9.99%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848

$216,617$231,133

$308,380Personal Portfolios Aggressive QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Aggressive Qualified




Domestic Equity 54.49% 35%-75%Direct Research Large Cap Growth 12.98% 35%-75%Direct Research All Cap 10.99% 35%-75%Vanguard Total Stock Market ETF 9.02% 35%-75%Karpus Domestic Equity 8.94% 35%-75%iShares Russell 1000 Growth 3.29% 35%-75%John Hancock Technical Opportunities 1.84% 35%-75%Berkshire Hathaway Inc. Cl B 1.76% 35%-75%ASTON/TAMRO Small Cap Core 1.75% 35%-75%Touchstone Focused Equity 1.71% 35%-75%SPDR Technology Sector 1.47% 35%-75%Outfront Media Inc 0.74% 35%-75%International Equity 21.46% 11%-42%Karpus International Equity 5.73% 11%-42%Wisdomtree Japan Hedged Equity ETF 4.99% 11%-42%Wasatch Frontier Emg Small Countries 3.09% 11%-42%Fidelity Spartan International Index 2.96% 11%-42%iShares Currency Hedged Germany ETF 1.82% 11%-42%Wasatch Emerging Mkts Small Cap 1.51% 11%-42%iShares India 50 ETF 1.37% 11%-42%Fixed Income 8.79% 0%-30%Cash 3.88% 0%-30%DoubleLine Total Return Bond 2.68% 0%-30%PIMCO Enhanced Short Maturity Active ETF 1.51% 0%-30%JPMorgan High Yield Bond Fund 0.72% 0%-30%Real Assets 1.42% 0%-15%Morgan Stanley Global Real Estate 0.97% 0%-15%JPMorgan Alerian MLP ETN 0.45% 0%-15%Absolute Return 11.07% 0%-30%Brinker Capital Crystal Strategy I 8.29% 0%-30%RiverNorth Core Opportunity 1.53% 0%-30%Witherspoon Managed Futures 0.90% 0%-30%Absolute Opportunities 0.36% 0%-30%Private Equity 2.76% 0%-15%Red Rocks Listed Private Equity 2.76% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 5.42% 12.56% -3.44% 5.97% -0.58%2013 21.82% 33.55% 15.78% -2.02% 6.72%2012 13.69% 16.42% 17.39% 4.21% 3.51%2011 -4.86% 1.03% -13.33% 7.84% -8.87%2010 13.71% 16.93% 11.60% 6.54% 5.19%



PersonalPortfoliosAggressive Taxable

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. A commitment tointernational equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, will bemaintained. The fixed income exposure willtypically be achieved through municipal bondinvestments. Investors should realize that theequity emphasis will likely produce a high levelof volatility.






MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 091.04% 1.28% 4.51% 8.16% 13.46% 11.06% 14.31%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year5.94% 6.61% 9.87%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$216,617$228,108

$308,380Personal Portfolios Aggressive TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Aggressive Taxable




Domestic Equity 57.54% 35%-75%Vanguard Total Stock Market ETF 25.08% 35%-75%AIA Tax-Managed Global Equity 20.77% 35%-75%iShares Russell 1000 Growth 3.28% 35%-75%John Hancock Technical Opportunities 1.80% 35%-75%Berkshire Hathaway Inc. Cl B 1.69% 35%-75%Touchstone Focused Equity 1.66% 35%-75%ASTON/TAMRO Small Cap Core 1.36% 35%-75%SPDR Technology Sector 1.17% 35%-75%Outfront Media Inc 0.73% 35%-75%International Equity 17.26% 11%-42%Wisdomtree Japan Hedged Equity ETF 4.95% 11%-42%Fidelity Spartan International Index 4.34% 11%-42%Wasatch Frontier Emg Small Countries 3.11% 11%-42%iShares Currency Hedged Germany ETF 1.98% 11%-42%Wasatch Emerging Mkts Small Cap 1.49% 11%-42%iShares India 50 ETF 1.39% 11%-42%Fixed Income 10.07% 0%-30%Cash 5.32% 0%-30%Northern Intermediate Tax-Exempt 2.15% 0%-30%PIMCO Enhanced Short Maturity Active ETF 1.51% 0%-30%DoubleLine Total Return Bond 1.09% 0%-30%Real Assets 1.40% 0%-15%Morgan Stanley Global Real Estate 0.95% 0%-15%JPMorgan Alerian MLP ETN 0.45% 0%-15%Absolute Return 11.03% 0%-30%Crystal Strategy I 8.29% 0%-30%RiverNorth Core Opportunity 1.49% 0%-30%Witherspoon Managed Futures 0.90% 0%-30%Absolute Opportunities 0.35% 0%-30%Private Equity 2.70% 0%-15%Red Rocks Listed Private Equity 2.70% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 5.23% 12.56% -3.44% 9.05% -0.58%2013 21.47% 33.55% 15.78% -2.55% 6.72%2012 13.38% 16.42% 17.39% 6.78% 3.51%2011 -3.55% 1.03% -13.33% 10.70% -8.87%2010 12.67% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosAggressive Taxable

Portfolio StructureThe domestic equity allocation includeslarge,mid and small cap stocks. A commitmentto international equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, will bemaintained. The fixed income exposure willtypically be achieved through municipal bondinvestments. Investors should realize that theequity emphasis will likely produce a high levelof volatility.






MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 091.04% 1.28% 4.51% 8.16% 13.46% 11.06% 14.31%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year5.94% 6.61% 9.87%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$216,617$228,108

$308,380Personal Portfolios Aggressive TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Aggressive Taxable

Firm OverviewBrinker Capital is an investment managementfirm and one of the nation's leadingindependent providers of managed accountand mutual fund investment products, we seekto provide real purchasing power for investorsand sustainable purchasing power for futuregenerations. Brinker Capital was founded in1987 by Charles Widger and is located insuburban Philadelphia. Brinker Capital Inc., aregistered investment advisor.



Domestic Equity 54.78% 35%-75%Direct Research Large Cap Growth 13.22% 35%-75%Direct Research All Cap 10.97% 35%-75%AIA Tax-Managed Global Equity 10.70% 35%-75%Karpus Domestic Equity 9.00% 35%-75%John Hancock Technical Opportunities 1.79% 35%-75%iShares Russell 1000 Growth 1.70% 35%-75%Berkshire Hathaway Inc. Cl B 1.61% 35%-75%Touchstone Focused Equity 1.59% 35%-75%ASTON/TAMRO Small Cap Core 1.36% 35%-75%Vanguard Total Stock Market ETF 1.11% 35%-75%SPDR Technology Sector 1.11% 35%-75%Outfront Media Inc 0.63% 35%-75%International Equity 20.66% 11%-42%Karpus International Equity 5.68% 11%-42%Wisdomtree Japan Hedged Equity ETF 4.95% 11%-42%Wasatch Frontier Emg Small Countries 2.99% 11%-42%Fidelity Spartan International Index 2.28% 11%-42%iShares Currency Hedged Germany ETF 1.90% 11%-42%Wasatch Emerging Mkts Small Cap 1.47% 11%-42%iShares India 50 ETF 1.40% 11%-42%Fixed Income 9.28% 0%-30%Cash 4.63% 0%-30%Northern Intermediate Tax-Exempt 2.09% 0%-30%PIMCO Enhanced Short Maturity Active ETF 1.51% 0%-30%DoubleLine Total Return Bond 1.06% 0%-30%Real Assets 1.37% 0%-15%Morgan Stanley Global Real Estate 0.95% 0%-15%JPMorgan Alerian MLP ETN 0.43% 0%-15%Absolute Return 11.22% 0%-30%Brinker Capital Crystal Strategy I 8.53% 0%-30%RiverNorth Core Opportunity 1.48% 0%-30%Witherspoon Managed Futures 0.86% 0%-30%Absolute Opportunities 0.35% 0%-30%Private Equity 2.68% 0%-15%Red Rocks Listed Private Equity 2.68% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 5.23% 12.56% -3.44% 9.05% -0.58%2013 21.47% 33.55% 15.78% -2.55% 6.72%2012 13.38% 16.42% 17.39% 6.78% 3.51%2011 -3.55% 1.03% -13.33% 10.70% -8.87%2010 12.67% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosConservative Qualified

Portfolio StructureThe core of the Portfolio is invested in domesticfixed income. Substantial positions may betaken in short-term and intermediate-termbonds. Small allocations may be made to high-yield and international fixed incomeinvestments. A relatively small allocation ismade to various domestic equity sub-classes,as well as international equities and alternativeinvestments such as real estate, commoditiesand absolute return strategies. Investorsshould understand that although this allocationprovides low volatility, it is still subject to apotential loss of principal.



Key StatisticsInception Date October 2006Cumulative Return Since 4/09 52.70%Total Net Assets (Mil) $831Number of Holdings/Positions 28Annual Portfolio Turnover 26.50Yield 2.30%Expense Ratio 0.43%Portfolio Investment Minimum $250,000Portfolio Investment Maximum $500,000


Seeks to provide current income, low level of volatility and some growthpotential.

MAYFACT SHEET 20

15


1 Broad Asset Class Exposures: Portfolio is diversified across multiple asset classes with a significant portion investedin fixed income and some exposure to equity and alternatives.

2 Many Diverse Strategies: The asset classes and sub-classes that comprise this Portfolio are more concerned aboutsupplementing your cash flow than outpacing inflation.




Asset

Rank



2.00



4.00



6.00





Apr 090.16% 0.59% 2.43% 4.18% 4.79% 5.30% 7.11%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year1.58% 2.68% 3.18%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848$152,701

$216,617

$308,380Personal Portfolios Conservative QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Conservative Qualified




Domestic Equity 7.74% 0%-30%Vanguard Total Stock Market ETF 3.14% 0%-30%Berkshire Hathaway Inc. Cl B 0.99% 0%-30%Touchstone Focused Equity 0.97% 0%-30%iShares Russell 1000 Growth 0.84% 0%-30%ASTON/TAMRO Small Cap Core 0.80% 0%-30%SPDR Technology Sector 0.60% 0%-30%Outfront Media Inc 0.40% 0%-30%International Equity 9.59% 5%-20%Wisdomtree Japan Hedged Equity ETF 3.78% 5%-20%Fidelity Spartan International Index 1.92% 5%-20%Wasatch Frontier Emg Small Countries 1.51% 5%-20%iShares Currency Hedged Germany ETF 1.07% 5%-20%iShares India 50 ETF 0.81% 5%-20%Wasatch Emerging Mkts Small Cap 0.50% 5%-20%Fixed Income 60.35% 50%-100%Vanguard Total Bond Market ETF 36.22% 50%-100%DoubleLine Total Return Bond 8.52% 50%-100%Cash 5.89% 50%-100%Federated Intermediate Corp. Bond 5.06% 50%-100%PIMCO Enhanced Short Maturity Active ETF 3.00% 50%-100%JPMorgan High Yield Bond Fund 1.66% 50%-100%Real Assets 1.65% 0%-15%Morgan Stanley Global Real Estate 1.12% 0%-15%JPMorgan Alerian MLP ETN 0.53% 0%-15%Absolute Return 18.56% 0%-30%Crystal Strategy I 9.33% 0%-30%Driehaus Active Income 3.88% 0%-30%JPMorgan Strategic Income Opportunities 1.84% 0%-30%RiverNorth Core Opportunity 1.75% 0%-30%Witherspoon Managed Futures 0.98% 0%-30%Absolute Opportunities 0.79% 0%-30%Private Equity 2.11% 0%-15%Red Rocks Listed Private Equity 2.11% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 3.17% 12.56% -3.44% 5.97% -0.58%2013 4.75% 33.55% 15.78% -2.02% 6.72%2012 7.72% 16.42% 17.39% 4.21% 3.51%2011 2.57% 1.03% -13.33% 7.84% -8.87%2010 7.26% 16.93% 11.60% 6.54% 5.19%



PersonalPortfoliosConservative Taxable

Portfolio StructureThe core of the portfolio is invested in domesticfixed income. Substantial positions may betaken in short-term and intermediate-termmunicipal bonds. A relatively small allocation ismade to various domestic equity sub-classes,as well as international equities and alternativeinvestments such as real estate, commoditiesand absolute return strategies. Investorsshould understand that although this allocationprovides low volatility, it is still subject to apotential loss of principal.



Key StatisticsInception Date August 2006Cumulative Return Since 4/09 45.12%Total Net Assets (Mil) $831Number of Holdings/Positions 28Annual Portfolio Turnover 79.50Yield 0.79%Expense Ratio 0.34%Portfolio Investment Minimum $250,000Portfolio Investment Maximum $500,000



MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.17% 0.32% 1.87% 3.82% 4.59% 5.10% 6.23%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year1.13% 2.77% 3.13%

8.87% 8.51% 12.70%10.06% 10.39% 15.45%

2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609$145,123

$216,617

$308,380Personal Portfolios Conservative TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Conservative Taxable




Domestic Equity 8.05% 0%-30%Vanguard Total Stock Market ETF 3.43% 0%-30%Berkshire Hathaway Inc. Cl B 1.02% 0%-30%Touchstone Focused Equity 0.97% 0%-30%iShares Russell 1000 Growth 0.90% 0%-30%ASTON/TAMRO Small Cap Core 0.80% 0%-30%SPDR Technology Sector 0.59% 0%-30%Outfront Media Inc 0.34% 0%-30%International Equity 9.61% 5%-20%Wisdomtree Japan Hedged Equity ETF 3.79% 5%-20%Fidelity Spartan International Index 1.90% 5%-20%Wasatch Frontier Emg Small Countries 1.51% 5%-20%iShares Currency Hedged Germany ETF 1.08% 5%-20%iShares India 50 ETF 0.81% 5%-20%Wasatch Emerging Mkts Small Cap 0.52% 5%-20%Fixed Income 64.12% 50%-100%Fidelity Intermediate Municipal 25.83% 50%-100%Northern Intermediate Tax-Exempt 14.45% 50%-100%DoubleLine Total Return Bond 9.20% 50%-100%Cash 6.36% 50%-100%Vanguard Short-Term Tax-Exempt Fund 4.02% 50%-100%PIMCO Enhanced Short Maturity Active ETF 3.00% 50%-100%JPMorgan Tax Aware Real Return 1.26% 50%-100%Real Assets 1.65% 0%-15%Morgan Stanley Global Real Estate 1.11% 0%-15%JPMorgan Alerian MLP ETN 0.54% 0%-15%Absolute Return 14.49% 0%-30%Crystal Strategy I 9.14% 0%-30%JPMorgan Strategic Income Opportunities 1.83% 0%-30%RiverNorth Core Opportunity 1.73% 0%-30%Witherspoon Managed Futures 1.00% 0%-30%Absolute Opportunities 0.79% 0%-30%Private Equity 2.09% 0%-15%Red Rocks Listed Private Equity 2.09% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 3.66% 12.56% -3.44% 9.05% -0.58%2013 4.45% 33.55% 15.78% -2.55% 6.72%2012 7.65% 16.42% 17.39% 6.78% 3.51%2011 3.52% 1.03% -13.33% 10.70% -8.87%2010 4.90% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosConservative Qualified

Portfolio StructureThe core of the Portfolio is invested in domesticfixed income. Substantial positions may betaken in short-term and intermediate-termbonds. Small allocations may be made to high-yield and international fixed incomeinvestments. A relatively small allocation ismade to various domestic equity sub-classes,as well as international equities and alternativeinvestments such as real estate, commoditiesand absolute return strategies. Investorsshould understand that although this allocationprovides low volatility, it is still subject to apotential loss of principal.



Key StatisticsInception Date October 2006Cumulative Return Since 4/09 52.70%Total Net Assets (Mil) $831Number of Holdings/Positions 28Annual Portfolio Turnover 26.50Yield 2.30%Expense Ratio 0.43%Portfolio Investment Minimum $500,000



MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.16% 0.59% 2.43% 4.18% 4.79% 5.30% 7.11%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year1.58% 2.68% 3.18%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848$152,701

$216,617

$308,380Personal Portfolios Conservative QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Conservative Qualified




Domestic Equity 7.74% 0%-30%Vanguard Total Stock Market ETF 3.14% 0%-30%Berkshire Hathaway Inc. Cl B 0.99% 0%-30%Touchstone Focused Equity 0.97% 0%-30%iShares Russell 1000 Growth 0.84% 0%-30%ASTON/TAMRO Small Cap Core 0.80% 0%-30%SPDR Technology Sector 0.60% 0%-30%Outfront Media Inc 0.40% 0%-30%International Equity 9.59% 5%-20%Wisdomtree Japan Hedged Equity ETF 3.78% 5%-20%Fidelity Spartan International Index 1.92% 5%-20%Wasatch Frontier Emg Small Countries 1.51% 5%-20%iShares Currency Hedged Germany ETF 1.07% 5%-20%iShares India 50 ETF 0.81% 5%-20%Wasatch Emerging Mkts Small Cap 0.50% 5%-20%Fixed Income 60.35% 50%-100%Vanguard Total Bond Market ETF 36.22% 50%-100%DoubleLine Total Return Bond 8.52% 50%-100%Cash 5.89% 50%-100%Federated Intermediate Corp. Bond 5.06% 50%-100%PIMCO Enhanced Short Maturity Active ETF 3.00% 50%-100%JPMorgan High Yield Bond Fund 1.66% 50%-100%Real Assets 1.65% 0%-15%Morgan Stanley Global Real Estate 1.12% 0%-15%JPMorgan Alerian MLP ETN 0.53% 0%-15%Absolute Return 18.56% 0%-30%Crystal Strategy I 9.33% 0%-30%Driehaus Active Income 3.88% 0%-30%JPMorgan Strategic Income Opportunities 1.84% 0%-30%RiverNorth Core Opportunity 1.75% 0%-30%Witherspoon Managed Futures 0.98% 0%-30%Absolute Opportunities 0.79% 0%-30%Private Equity 2.11% 0%-15%Red Rocks Listed Private Equity 2.11% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 3.17% 12.56% -3.44% 5.97% -0.58%2013 4.75% 33.55% 15.78% -2.02% 6.72%2012 7.72% 16.42% 17.39% 4.21% 3.51%2011 2.57% 1.03% -13.33% 7.84% -8.87%2010 7.26% 16.93% 11.60% 6.54% 5.19%



PersonalPortfoliosConservative Taxable

Portfolio StructureThe core of the portfolio is invested in domesticfixed income. Substantial positions may betaken in short-term and intermediate-termmunicipal bonds. A relatively small allocation ismade to various domestic equity sub-classes,as well as international equities and alternativeinvestments such as real estate, commoditiesand absolute return strategies. Investorsshould understand that although this allocationprovides low volatility, it is still subject to apotential loss of principal.



Key StatisticsInception Date August 2006Cumulative Return Since 4/09 45.12%Total Net Assets (Mil) $831Number of Holdings/Positions 28Annual Portfolio Turnover 79.50Yield 0.79%Expense Ratio 0.34%Portfolio Investment Minimum $500,000



MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.17% 0.32% 1.87% 3.82% 4.59% 5.10% 6.23%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year1.13% 2.77% 3.13%

8.87% 8.51% 12.70%10.06% 10.39% 15.45%

2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609$145,123

$216,617

$308,380Personal Portfolios Conservative TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Conservative Taxable




Domestic Equity 8.05% 0%-30%Vanguard Total Stock Market ETF 3.43% 0%-30%Berkshire Hathaway Inc. Cl B 1.02% 0%-30%Touchstone Focused Equity 0.97% 0%-30%iShares Russell 1000 Growth 0.90% 0%-30%ASTON/TAMRO Small Cap Core 0.80% 0%-30%SPDR Technology Sector 0.59% 0%-30%Outfront Media Inc 0.34% 0%-30%International Equity 9.61% 5%-20%Wisdomtree Japan Hedged Equity ETF 3.79% 5%-20%Fidelity Spartan International Index 1.90% 5%-20%Wasatch Frontier Emg Small Countries 1.51% 5%-20%iShares Currency Hedged Germany ETF 1.08% 5%-20%iShares India 50 ETF 0.81% 5%-20%Wasatch Emerging Mkts Small Cap 0.52% 5%-20%Fixed Income 64.12% 50%-100%Fidelity Intermediate Municipal 25.83% 50%-100%Northern Intermediate Tax-Exempt 14.45% 50%-100%DoubleLine Total Return Bond 9.20% 50%-100%Cash 6.36% 50%-100%Vanguard Short-Term Tax-Exempt Fund 4.02% 50%-100%PIMCO Enhanced Short Maturity Active ETF 3.00% 50%-100%JPMorgan Tax Aware Real Return 1.26% 50%-100%Real Assets 1.65% 0%-15%Morgan Stanley Global Real Estate 1.11% 0%-15%JPMorgan Alerian MLP ETN 0.54% 0%-15%Absolute Return 14.49% 0%-30%Crystal Strategy I 9.14% 0%-30%JPMorgan Strategic Income Opportunities 1.83% 0%-30%RiverNorth Core Opportunity 1.73% 0%-30%Witherspoon Managed Futures 1.00% 0%-30%Absolute Opportunities 0.79% 0%-30%Private Equity 2.09% 0%-15%Red Rocks Listed Private Equity 2.09% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 3.66% 12.56% -3.44% 9.05% -0.58%2013 4.45% 33.55% 15.78% -2.55% 6.72%2012 7.65% 16.42% 17.39% 6.78% 3.51%2011 3.52% 1.03% -13.33% 10.70% -8.87%2010 4.90% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosModerately ConservativeQualified

Portfolio StructureSubstantial positions may be taken inintermediate-term and short-term taxablebonds. Small allocations may be made to high-yield and international fixed income. In addition,substantial allocations are made to variousdomestic equity sub-classes, as well asinternational equities and alternativeinvestments such as real estate, commoditiesand absolute return strategies. Investorsshould understand that the pursuit of theseobjectives with this allocation will involve amoderate level of principal volatility.



Key StatisticsInception Date August 2006Cumulative Return Since 4/09 77.82%Total Net Assets (Mil) $831Number of Holdings/Positions 28Annual Portfolio Turnover 24.21Yield 2.04%Expense Ratio 0.43%Portfolio Investment Minimum $250,000Portfolio Investment Maximum $500,000


Seeks to provide a current income stream, moderate level of volatility and theopportunity for long-term growth of capital.

MAYFACT SHEET 20

15


1 Broad Asset Class Exposures: Portfolio is diversified across multiple asset classes with a significant portion investedin fixed income and meaningful exposure to equity and alternatives.

2 Many Diverse Strategies: While the emphasis of the asset classes and sub-classes allocation will generally be to fixedincome, there is a meaningful allocation for capital appreciation.




Asset

Rank



2.00



4.00



6.00





Apr 090.46% 0.87% 3.24% 5.57% 7.92% 7.44% 9.78%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year2.96% 3.84% 5.32%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848

$177,822

$216,617

$308,380Personal Portfolios Moderately Conservative QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20

15Personal PortfoliosModerately ConservativeQualified




Domestic Equity 25.62% 13%-45%Vanguard Total Stock Market ETF 19.00% 13%-45%iShares Russell 1000 Growth 2.13% 13%-45%Touchstone Focused Equity 1.21% 13%-45%Berkshire Hathaway Inc. Cl B 1.19% 13%-45%SPDR Technology Sector 0.87% 13%-45%ASTON/TAMRO Small Cap Core 0.75% 13%-45%Outfront Media Inc 0.48% 13%-45%International Equity 14.33% 5%-25%Fidelity Spartan International Index 4.58% 5%-25%Wisdomtree Japan Hedged Equity ETF 4.12% 5%-25%Wasatch Frontier Emg Small Countries 2.37% 5%-25%iShares Currency Hedged Germany ETF 1.35% 5%-25%iShares India 50 ETF 1.00% 5%-25%Wasatch Emerging Mkts Small Cap 0.91% 5%-25%Fixed Income 38.60% 30%-90%Vanguard Total Bond Market ETF 20.03% 30%-90%Cash 6.29% 30%-90%DoubleLine Total Return Bond 6.06% 30%-90%Federated Intermediate Corp. Bond 2.94% 30%-90%PIMCO Enhanced Short Maturity Active ETF 2.51% 30%-90%JPMorgan High Yield Bond Fund 0.78% 30%-90%Real Assets 1.54% 0%-15%Morgan Stanley Global Real Estate 1.05% 0%-15%JPMorgan Alerian MLP ETN 0.49% 0%-15%Absolute Return 16.95% 0%-30%Brinker Capital Crystal Strategy I 9.02% 0%-30%Driehaus Active Income 3.13% 0%-30%RiverNorth Core Opportunity 1.64% 0%-30%JPMorgan Strategic Income Opportunities 1.43% 0%-30%Witherspoon Managed Futures 0.95% 0%-30%Absolute Opportunities 0.77% 0%-30%Private Equity 2.96% 0%-15%Red Rocks Listed Private Equity 2.96% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 3.86% 12.56% -3.44% 5.97% -0.58%2013 10.65% 33.55% 15.78% -2.02% 6.72%2012 9.80% 16.42% 17.39% 4.21% 3.51%2011 0.50% 1.03% -13.33% 7.84% -8.87%2010 9.72% 16.93% 11.60% 6.54% 5.19%



PersonalPortfoliosModerately ConservativeQualified

Portfolio StructureSubstantial positions may be taken inintermediate-term and short-term taxablebonds. Small allocations may be made to high-yield and international fixed income. In addition,substantial allocations are made to variousdomestic equity sub-classes, as well asinternational equities and alternativeinvestments such as real estate, commoditiesand absolute return strategies. Investorsshould understand that the pursuit of theseobjectives with this allocation will involve amoderate level of principal volatility.



Key StatisticsInception Date August 2006Cumulative Return Since 4/09 77.82%Total Net Assets (Mil) $831Number of Holdings/Positions 29Annual Portfolio Turnover 25.58Yield 1.91%Expense Ratio 0.43%Portfolio Investment Minimum $500,000



MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.46% 0.87% 3.24% 5.57% 7.92% 7.44% 9.78%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year2.96% 3.84% 5.32%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848

$177,822

$216,617

$308,380Personal Portfolios Moderately Conservative QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20

15Personal PortfoliosModerately ConservativeQualified




Domestic Equity 13.49% 13%-45%Vanguard Total Stock Market ETF 4.32% 13%-45%iShares Russell 1000 Growth 2.74% 13%-45%Berkshire Hathaway Inc. Cl B 1.59% 13%-45%Touchstone Focused Equity 1.58% 13%-45%ASTON/TAMRO Small Cap Core 1.47% 13%-45%SPDR Technology Sector 1.14% 13%-45%Outfront Media Inc 0.64% 13%-45%Karpus Domestic Equity 0.00% 13%-45%International Equity 18.81% 5%-25%Fidelity Spartan International Index 6.02% 5%-25%Wisdomtree Japan Hedged Equity ETF 5.37% 5%-25%Wasatch Frontier Emg Small Countries 3.09% 5%-25%iShares Currency Hedged Germany ETF 1.75% 5%-25%iShares India 50 ETF 1.33% 5%-25%Wasatch Emerging Mkts Small Cap 1.25% 5%-25%Fixed Income 51.44% 30%-90%Vanguard Total Bond Market ETF 26.03% 30%-90%Cash 9.34% 30%-90%DoubleLine Total Return Bond 7.93% 30%-90%Federated Intermediate Corp. Bond 3.86% 30%-90%PIMCO Enhanced Short Maturity Active ETF 3.26% 30%-90%JPMorgan High Yield Bond Fund 1.02% 30%-90%Real Assets 2.01% 0%-15%Morgan Stanley Global Real Estate 1.37% 0%-15%JPMorgan Alerian MLP ETN 0.64% 0%-15%Absolute Return 10.40% 0%-30%Driehaus Active Income 4.12% 0%-30%RiverNorth Core Opportunity 2.14% 0%-30%JPMorgan Strategic Income Opportunities 1.89% 0%-30%Witherspoon Managed Futures 1.24% 0%-30%Absolute Opportunities 1.01% 0%-30%Crystal Strategy I 0.00% 0%-30%Private Equity 3.85% 0%-15%Red Rocks Listed Private Equity 3.85% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 3.86% 12.56% -3.44% 5.97% -0.58%2013 10.65% 33.55% 15.78% -2.02% 6.72%2012 9.80% 16.42% 17.39% 4.21% 3.51%2011 0.50% 1.03% -13.33% 7.84% -8.87%2010 9.72% 16.93% 11.60% 6.54% 5.19%



PersonalPortfoliosModerately ConservativeTaxable

Portfolio StructureSubstantial positions may be taken in short-term and intermediate-term municipal bonds.A substantial allocation is made to variousdomestic equity sub-classes, as well asinternational equities and alternativeinvestments such as real estate, commoditiesand absolute return strategies. Investorsshould understand that the pursuit of theseobjectives with this allocation will involve amoderate level of principal volatility.



Key StatisticsInception Date June 2006Cumulative Return Since 4/09 69.53%Total Net Assets (Mil) $831Number of Holdings/Positions 28Annual Portfolio Turnover 24.07Yield 1.89%Expense Ratio 0.46%Portfolio Investment Minimum $250,000Portfolio Investment Maximum $500,000



MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.44% 0.69% 2.81% 5.29% 7.69% 7.07% 8.94%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year2.90% 3.88% 5.12%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$169,530

$216,617

$308,380Personal Portfolios Moderately Conservative TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Moderately Conservative Taxable




Domestic Equity 25.99% 13%-45%Vanguard Total Stock Market ETF 19.39% 13%-45%iShares Russell 1000 Growth 2.15% 13%-45%Touchstone Focused Equity 1.20% 13%-45%Berkshire Hathaway Inc. Cl B 1.14% 13%-45%SPDR Technology Sector 0.88% 13%-45%ASTON/TAMRO Small Cap Core 0.74% 13%-45%Outfront Media Inc 0.49% 13%-45%International Equity 14.37% 5%-25%Fidelity Spartan International Index 4.65% 5%-25%Wisdomtree Japan Hedged Equity ETF 4.14% 5%-25%Wasatch Frontier Emg Small Countries 2.38% 5%-25%iShares Currency Hedged Germany ETF 1.35% 5%-25%iShares India 50 ETF 0.94% 5%-25%Wasatch Emerging Mkts Small Cap 0.92% 5%-25%Fixed Income 41.53% 30%-90%Fidelity Intermediate Municipal 15.99% 30%-90%Cash 6.80% 30%-90%Northern Intermediate Tax-Exempt 6.33% 30%-90%DoubleLine Total Return Bond 5.41% 30%-90%Vanguard Short-Term Tax-Exempt Fund 3.30% 30%-90%PIMCO Enhanced Short Maturity Active ETF 2.51% 30%-90%JPMorgan Tax Aware Real Return 1.18% 30%-90%Real Assets 1.53% 0%-15%Morgan Stanley Global Real Estate 1.03% 0%-15%JPMorgan Alerian MLP ETN 0.50% 0%-15%Absolute Return 13.66% 0%-30%Brinker Capital Crystal Strategy I 8.91% 0%-30%RiverNorth Core Opportunity 1.62% 0%-30%JPMorgan Strategic Income Opportunities 1.42% 0%-30%Witherspoon Managed Futures 0.94% 0%-30%Absolute Opportunities 0.77% 0%-30%Private Equity 2.92% 0%-15%Red Rocks Listed Private Equity 2.92% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 4.12% 12.56% -3.44% 9.05% -0.58%2013 10.45% 33.55% 15.78% -2.55% 6.72%2012 9.29% 16.42% 17.39% 6.78% 3.51%2011 1.07% 1.03% -13.33% 10.70% -8.87%2010 7.43% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosModerately ConservativeTaxable

Portfolio StructureSubstantial positions may be taken in short-term and intermediate-term municipal bonds.A substantial allocation is made to variousdomestic equity sub-classes, as well asinternational equities and alternativeinvestments such as real estate, commoditiesand absolute return strategies. Investorsshould understand that the pursuit of theseobjectives with this allocation will involve amoderate level of principal volatility.



Key StatisticsInception Date June 2006Cumulative Return Since 4/09 69.53%Total Net Assets (Mil) $831Number of Holdings/Positions 30Annual Portfolio Turnover 36.16Yield 1.81%Expense Ratio 0.46%Portfolio Investment Minimum $500,000



MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.44% 0.69% 2.81% 5.29% 7.69% 7.07% 8.94%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year2.90% 3.88% 5.12%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$169,530

$216,617

$308,380Personal Portfolios Moderately Conservative TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Moderately Conservative Taxable




Domestic Equity 27.44% 13%-45%AIA Tax-Managed Global Equity 9.86% 13%-45%Karpus Domestic Equity 8.71% 13%-45%iShares Russell 1000 Growth 2.22% 13%-45%Vanguard Total Stock Market ETF 2.03% 13%-45%Touchstone Focused Equity 1.25% 13%-45%Berkshire Hathaway Inc. Cl B 1.17% 13%-45%SPDR Technology Sector 0.90% 13%-45%ASTON/TAMRO Small Cap Core 0.77% 13%-45%Outfront Media Inc 0.53% 13%-45%International Equity 11.77% 5%-25%Wisdomtree Japan Hedged Equity ETF 4.22% 5%-25%Wasatch Frontier Emg Small Countries 2.45% 5%-25%Fidelity Spartan International Index 1.80% 5%-25%iShares Currency Hedged Germany ETF 1.39% 5%-25%iShares India 50 ETF 0.96% 5%-25%Wasatch Emerging Mkts Small Cap 0.95% 5%-25%Fixed Income 41.72% 30%-90%Fidelity Intermediate Municipal 13.97% 30%-90%Northern Intermediate Tax-Exempt 7.59% 30%-90%Cash 7.07% 30%-90%DoubleLine Total Return Bond 5.62% 30%-90%Vanguard Short-Term Tax-Exempt Fund 3.75% 30%-90%PIMCO Enhanced Short Maturity Active ETF 2.50% 30%-90%JPMorgan Tax Aware Real Return 1.23% 30%-90%Real Assets 1.58% 0%-15%Morgan Stanley Global Real Estate 1.07% 0%-15%JPMorgan Alerian MLP ETN 0.50% 0%-15%Absolute Return 14.46% 0%-30%Brinker Capital Crystal Strategy I 9.52% 0%-30%RiverNorth Core Opportunity 1.67% 0%-30%JPMorgan Strategic Income Opportunities 1.50% 0%-30%Witherspoon Managed Futures 0.97% 0%-30%Absolute Opportunities 0.80% 0%-30%Private Equity 3.02% 0%-15%Red Rocks Listed Private Equity 3.02% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 4.12% 12.56% -3.44% 9.05% -0.58%2013 10.45% 33.55% 15.78% -2.55% 6.72%2012 9.29% 16.42% 17.39% 6.78% 3.51%2011 1.07% 1.03% -13.33% 10.70% -8.87%2010 7.43% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosModerate Qualified

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. Commitments tointernational equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, are maintained.The fixed income allocation will be divided intovarious fixed income sub-classes. Investorsshould realize that the emphasis on equity willlikely produce a higher level of volatility.





Seeks to provide current income, long-term growth of capital and a moderatelevel of volatility.

MAYFACT SHEET 20

15


1 Broad Asset Class Exposures: Portfolio is diversified across multiple asset classes with a significant portion investedin equities and a meaningful commitment to fixed income and alternatives to help reduce volatility.

2 Many Diverse Strategies: The asset classes and sub-classes that comprise this Portfolio provide a blend of equitiesand income-oriented investment strategies to help provide current income and keep up with inflation.




Asset

Rank



2.00



4.00



6.00





Apr 090.84% 1.28% 4.12% 6.89% 10.78% 9.14% 12.13%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year4.46% 5.18% 7.62%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848

$202,544$216,617

$308,380Personal Portfolios Moderate QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Moderate Qualified




Domestic Equity 39.59% 25%-60%Karpus Domestic Equity 16.44% 25%-60%Vanguard Total Stock Market ETF 12.44% 25%-60%iShares Russell 1000 Growth 3.29% 25%-60%John Hancock Technical Opportunities 1.91% 25%-60%ASTON/TAMRO Small Cap Core 1.44% 25%-60%Berkshire Hathaway Inc. Cl B 1.25% 25%-60%Touchstone Focused Equity 1.18% 25%-60%SPDR Technology Sector 1.18% 25%-60%Outfront Media Inc 0.47% 25%-60%International Equity 19.09% 7%-35%Fidelity Spartan International Index 7.59% 7%-35%Wisdomtree Japan Hedged Equity ETF 4.75% 7%-35%Wasatch Frontier Emg Small Countries 2.77% 7%-35%iShares Currency Hedged Germany ETF 1.64% 7%-35%Wasatch Emerging Mkts Small Cap 1.34% 7%-35%iShares India 50 ETF 1.00% 7%-35%Fixed Income 21.48% 10%-60%Vanguard Total Bond Market ETF 6.73% 10%-60%Cash 6.64% 10%-60%DoubleLine Total Return Bond 3.43% 10%-60%PIMCO Enhanced Short Maturity Active ETF 2.00% 10%-60%Federated Intermediate Corp. Bond 1.91% 10%-60%JPMorgan High Yield Bond Fund 0.78% 10%-60%Real Assets 1.50% 0%-15%Morgan Stanley Global Real Estate 1.01% 0%-15%JPMorgan Alerian MLP ETN 0.49% 0%-15%Absolute Return 15.48% 0%-30%Brinker Capital Crystal Strategy I 9.01% 0%-30%Driehaus Active Income 1.91% 0%-30%RiverNorth Core Opportunity 1.58% 0%-30%JPMorgan Strategic Income Opportunities 1.32% 0%-30%Witherspoon Managed Futures 0.92% 0%-30%Absolute Opportunities 0.75% 0%-30%Private Equity 2.86% 0%-15%Red Rocks Listed Private Equity 2.86% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 4.15% 12.56% -3.44% 5.97% -0.58%2013 16.18% 33.55% 15.78% -2.02% 6.72%2012 11.66% 16.42% 17.39% 4.21% 3.51%2011 -2.56% 1.03% -13.33% 7.84% -8.87%2010 11.79% 16.93% 11.60% 6.54% 5.19%



PersonalPortfoliosModerate Qualified

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. Commitments tointernational equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, are maintained.The fixed income allocation will be divided intovarious fixed income sub-classes. Investorsshould realize that the emphasis on equity willlikely produce a higher level of volatility.






MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.84% 1.28% 4.12% 6.89% 10.78% 9.14% 12.13%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.24% -0.14% 1.00% 3.03% 2.21% 3.90% 4.71%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year4.46% 5.18% 7.62%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.85% 2.82% 2.78%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$132,848

$202,544$216,617

$308,380Personal Portfolios Moderate QualifiedRussell 3000ACWI ex USBarclays AggHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Moderate Qualified




Domestic Equity 39.45% 25%-60%Karpus Domestic Equity 11.86% 25%-60%Direct Research All Cap 11.65% 25%-60%Vanguard Total Stock Market ETF 5.48% 25%-60%iShares Russell 1000 Growth 3.19% 25%-60%John Hancock Technical Opportunities 1.89% 25%-60%ASTON/TAMRO Small Cap Core 1.43% 25%-60%Berkshire Hathaway Inc. Cl B 1.17% 25%-60%Touchstone Focused Equity 1.15% 25%-60%SPDR Technology Sector 1.15% 25%-60%Outfront Media Inc 0.48% 25%-60%International Equity 18.85% 7%-35%Fidelity Spartan International Index 7.55% 7%-35%Wisdomtree Japan Hedged Equity ETF 4.69% 7%-35%Wasatch Frontier Emg Small Countries 2.70% 7%-35%iShares Currency Hedged Germany ETF 1.60% 7%-35%Wasatch Emerging Mkts Small Cap 1.33% 7%-35%iShares India 50 ETF 0.98% 7%-35%Fixed Income 22.34% 10%-60%Cash 7.70% 10%-60%Vanguard Total Bond Market ETF 6.62% 10%-60%DoubleLine Total Return Bond 3.38% 10%-60%PIMCO Enhanced Short Maturity Active ETF 2.01% 10%-60%Federated Intermediate Corp. Bond 1.88% 10%-60%JPMorgan High Yield Bond Fund 0.74% 10%-60%Real Assets 1.46% 0%-15%Morgan Stanley Global Real Estate 0.99% 0%-15%JPMorgan Alerian MLP ETN 0.46% 0%-15%Absolute Return 15.08% 0%-30%Brinker Capital Crystal Strategy I 8.73% 0%-30%Driehaus Active Income 1.88% 0%-30%RiverNorth Core Opportunity 1.55% 0%-30%JPMorgan Strategic Income Opportunities 1.30% 0%-30%Witherspoon Managed Futures 0.90% 0%-30%Absolute Opportunities 0.73% 0%-30%Private Equity 2.82% 0%-15%Red Rocks Listed Private Equity 2.82% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Agg HFRX2014 4.15% 12.56% -3.44% 5.97% -0.58%2013 16.18% 33.55% 15.78% -2.02% 6.72%2012 11.66% 16.42% 17.39% 4.21% 3.51%2011 -2.56% 1.03% -13.33% 7.84% -8.87%2010 11.79% 16.93% 11.60% 6.54% 5.19%



PersonalPortfoliosModerate Taxable

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. Commitments tointernational equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, are maintained.The fixed income allocation will typically beachieved through municipal bond investments.Investors should realize that the emphasis onequity will likely produce a higher level ofvolatility.






MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.80% 1.04% 3.63% 6.62% 10.31% 8.88% 11.47%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year4.43% 5.12% 7.44%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$195,398

$216,617

$308,380Personal Portfolios Moderate TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Moderate Taxable




Domestic Equity 45.28% 25%-60%AIA Tax-Managed Global Equity 22.69% 25%-60%Vanguard Total Stock Market ETF 11.64% 25%-60%iShares Russell 1000 Growth 3.34% 25%-60%John Hancock Technical Opportunities 1.89% 25%-60%ASTON/TAMRO Small Cap Core 1.44% 25%-60%Berkshire Hathaway Inc. Cl B 1.42% 25%-60%SPDR Technology Sector 1.18% 25%-60%Touchstone Focused Equity 1.17% 25%-60%Outfront Media Inc 0.49% 25%-60%International Equity 13.61% 7%-35%Wisdomtree Japan Hedged Equity ETF 4.65% 7%-35%Wasatch Frontier Emg Small Countries 2.78% 7%-35%Fidelity Spartan International Index 1.95% 7%-35%iShares Currency Hedged Germany ETF 1.70% 7%-35%Wasatch Emerging Mkts Small Cap 1.34% 7%-35%iShares India 50 ETF 1.20% 7%-35%Fixed Income 23.57% 10%-60%Cash 7.09% 10%-60%Fidelity Intermediate Municipal 4.67% 10%-60%DoubleLine Total Return Bond 3.94% 10%-60%Northern Intermediate Tax-Exempt 3.49% 10%-60%PIMCO Enhanced Short Maturity Active ETF 2.00% 10%-60%Vanguard Short-Term Tax-Exempt Fund 1.62% 10%-60%JPMorgan Tax Aware Real Return 0.77% 10%-60%Real Assets 1.48% 0%-15%Morgan Stanley Global Real Estate 1.00% 0%-15%JPMorgan Alerian MLP ETN 0.48% 0%-15%Absolute Return 13.23% 0%-30%Brinker Capital Crystal Strategy I 8.66% 0%-30%RiverNorth Core Opportunity 1.57% 0%-30%JPMorgan Strategic Income Opportunities 1.33% 0%-30%Witherspoon Managed Futures 0.92% 0%-30%Absolute Opportunities 0.75% 0%-30%Private Equity 2.84% 0%-15%Red Rocks Listed Private Equity 2.84% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 4.30% 12.56% -3.44% 9.05% -0.58%2013 15.54% 33.55% 15.78% -2.55% 6.72%2012 11.06% 16.42% 17.39% 6.78% 3.51%2011 -1.40% 1.03% -13.33% 10.70% -8.87%2010 10.07% 16.93% 11.60% 2.38% 5.19%



PersonalPortfoliosModerate Taxable

Portfolio StructureThe domestic equity allocation includes large,mid and small cap stocks. Commitments tointernational equities and alternativeinvestments, such as real estate, commoditiesand absolute return strategies, are maintained.The fixed income allocation will typically beachieved through municipal bond investments.Investors should realize that the emphasis onequity will likely produce a higher level ofvolatility.






MAYFACT SHEET 20

15







Asset

Rank



2.00



4.00



6.00





Apr 090.80% 1.04% 3.63% 6.62% 10.31% 8.88% 11.47%1.38% 0.81% 3.68% 11.86% 19.92% 16.54% 20.04%

-1.47% 1.97% 7.29% -0.47% 13.10% 8.56% 13.35%-0.28% -0.51% 0.21% 3.18% 3.09% 4.53% 5.56%

0.26% 0.81% 2.55% 1.11% 3.52% 1.60% 3.22%


1 Year 3 Year 5 Year4.43% 5.12% 7.44%8.87% 8.51% 12.70%

10.06% 10.39% 15.45%2.46% 3.62% 3.85%3.18% 2.86% 3.88%



$100,000

$150,000

$200,000

$250,000

$300,000

$121,600$139,609

$195,398

$216,617

$308,380Personal Portfolios Moderate TaxableRussell 3000ACWI ex USBarclays MuniHFRX



Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

MAYFACT SHEET 20


Moderate Taxable




Domestic Equity 42.26% 25%-60%Direct Research All Cap 11.58% 25%-60%AIA Tax-Managed Global Equity 11.56% 25%-60%Karpus Domestic Equity 8.21% 25%-60%iShares Russell 1000 Growth 3.30% 25%-60%John Hancock Technical Opportunities 1.91% 25%-60%ASTON/TAMRO Small Cap Core 1.45% 25%-60%Berkshire Hathaway Inc. Cl B 1.42% 25%-60%SPDR Technology Sector 1.18% 25%-60%Touchstone Focused Equity 1.17% 25%-60%Outfront Media Inc 0.49% 25%-60%International Equity 16.12% 7%-35%Wisdomtree Japan Hedged Equity ETF 4.65% 7%-35%Fidelity Spartan International Index 4.52% 7%-35%Wasatch Frontier Emg Small Countries 2.77% 7%-35%iShares Currency Hedged Germany ETF 1.65% 7%-35%Wasatch Emerging Mkts Small Cap 1.35% 7%-35%iShares India 50 ETF 1.19% 7%-35%Fixed Income 23.76% 10%-60%Cash 7.69% 10%-60%Fidelity Intermediate Municipal 4.54% 10%-60%DoubleLine Total Return Bond 3.92% 10%-60%Northern Intermediate Tax-Exempt 3.38% 10%-60%PIMCO Enhanced Short Maturity Active ETF 2.01% 10%-60%Vanguard Short-Term Tax-Exempt Fund 1.46% 10%-60%JPMorgan Tax Aware Real Return 0.77% 10%-60%Real Assets 1.48% 0%-15%Morgan Stanley Global Real Estate 1.01% 0%-15%JPMorgan Alerian MLP ETN 0.47% 0%-15%Absolute Return 13.52% 0%-30%Brinker Capital Crystal Strategy I 8.91% 0%-30%RiverNorth Core Opportunity 1.58% 0%-30%JPMorgan Strategic Income Opportunities 1.37% 0%-30%Witherspoon Managed Futures 0.92% 0%-30%Absolute Opportunities 0.74% 0%-30%Private Equity 2.86% 0%-15%Red Rocks Listed Private Equity 2.86% 0%-15%



StrategyRussell

3000ACWI ex

USBarclays

Muni HFRX2014 4.30% 12.56% -3.44% 9.05% -0.58%2013 15.54% 33.55% 15.78% -2.55% 6.72%2012 11.06% 16.42% 17.39% 6.78% 3.51%2011 -1.40% 1.03% -13.33% 10.70% -8.87%2010 10.07% 16.93% 11.60% 2.38% 5.19%



Documents

MAYFACT SHEET - Brinker Capital...Portfolios Aggressive Equity with Alts Qualified Portfolio Structure ... Target Range Domestic Equity 54.14% 55%-85% Vanguard Total Stock Market ETF