model portfolios

Focus Disc

over

Diversi

fy

www.herzfinancial.com

The

Herz FinancialCreative

Custom, thoughtful, innovative strategies for all of

your financial objectives.

Relationships

We are committed to building long lasting trusted

relationships with our clients

Access

With over 40 relationships with major financial

institutions and mutual fund companies, we provide

the top services and products in the industry.

Difference

model portfolios

Investment Herz Financial’s asset allocation strategies are designed to accommodate the financial needs of investors at various life stages with different risk profiles and return objectives. Our strategies are designed to provide broad diversification across the investment spectrum, reducing portfolio volatility and increasing the potential of positive investment returns.

The goal of Herz Financial’s investment philosophy is to construct a diversified portfolio that:

• Focuses on taking risk only where it is adequately compensated• Provides a framework to manage risk exposure• Allows skillful managers the flexibility to add value

Philosophy

Invest with confidence.

The Importance of

Asset AllocationAt Herz Financial our approach to portfolio management is disciplined by nature, focusing on taking risk only where we believe it will be adequately rewarded over a long investment time horizon.

We are guided by the time-tested principle of portfolio diversification.

Our goal is to manage risk through investments into asset classes that are not perfectly correlated. To achieve less correlation and thus reduce portfolio risk we search for sectors and asset classes that react differently in changing market conditions.

ConservativeDesigned for investors who are seeking current income while providing nominal capital appreciation for investors with a low tolerance for risk.

Global Equity 15%US Large Cap 10%Int'l Developed 5%

Global Bonds 80%Multisector 10%Int'l Bonds 10%Inv Grade Bonds 15%TIPS 10%Short Term Bond 10%Money Market 5%High Yield 20%

Real Assets 5%Natural Resources 2%Real Estate 3%

The Model Portfolios do not provide comprehensive investment advice,

such as advice on buying a specific stock or bond, and should not be

considered the sole or primary basis on which you make your investment

decisions. Model strategies are exposed to the specific risks of the funds

directly proportionate to their fund allocation. The funds comprising the

strategies and the allocations to those funds have changed over time

and may change in the future. Securities products involve investment

risk, including the possible loss of principal. Advice provided and/or

recommendations made should be consistent with your investment

objective(s), risk profile, financial circumstances, time horizon, etc. Before

investing, carefully consider the investment objectives, risks, fees, and

other important information about the underlying investment options. This

information can be found in the investment company prospectuses. You

can obtain copies of prospectuses from your representative. Please read

the prospectus carefully before investing.

Investment products are not insured by the FDIC, the Federal Reserve

Board, or any other agency and are not deposits or obligations of, nor

guaranteed or endorsed by, any bank or savings association.

Securities and investment advisory services are offered solely through

and variable products underwritten by, Ameritas Investment Corp. (AIC),

member FINRA/SIPC and a registered investment adviser. If you would like

more detailed information about AIC’s investment advisory services, you

should obtain a copy of AIC’s Form ADV Part II, which outlines the fees,

expenses, and investment parameters associated with the AIC’s advisory

platform. This disclosure document should be read carefully before

investing. Herz Financial and AIC are not affiliated. Additional products and

services may be available through Herz Financial or it’s associates that are

not offered through AIC.

We are firm focused on finding long- term value.

Our research is independent giving us the flexibility to think and act different from the trend.

We carefully analyze market conditions and the specific performance of various investment sectors with an eye on discovering new ideas and avoiding pitfalls.

We look for opportunities in un-loved industries, sectors, and countries in our quest for long-term value.

Discovering

Opportunities

AggressiveDesigned for Investors who are seeking capital appreciation over a long-term investment horizon with a strong tolerance for risk

Global Equity 84%US Large Cap 30%US Mid Cap 20%US Small Cap 10%Int'l Developed 21%Emerging Markets 4%

Global Bonds 0%

Real Assets 16%Natural Resources 6%Real Estate 8%Cash 2%

ModerateDesigned for investors who are seeking stability of capital with nominal growth and a low tolerance for risk.

Global Equity 45%US Large Cap 15%US Mid Cap 15%Int'l Developed 15%

Global Bonds 50%Multisector 10%High Yield 20%Inv Grade Bonds 10%TIPS 5%Short Term Bond 5%

Real Assets 5%Natural Resources 2%Real Estate 3%

Model Portfolios

These are sample portfolios and may not reflect current or future allocations. Please refer to current proposal before investing.1

ConservativeDesigned for investors who are seeking current income while providing nominal capital appreciation for investors with a low tolerance for risk.

Global Equity 15%US Large Cap 10%Int'l Developed 5%

Global Bonds 80%Multisector 10%Int'l Bonds 10%Inv Grade Bonds 15%TIPS 10%Short Term Bond 10%Money Market 5%High Yield 20%

Real Assets 5%Natural Resources 2%Real Estate 3%

IndexDesigned for investors who are seeking a variety of asset classes’ index returns while paying low expense ratios to get those returns.

Global Equity 61%US Large Cap 6%US Mid Cap 10%US Small Cap 16%Int'l Developed 6%Emerging Markets 4%Specialty 19%

Global Bonds 18%US 6%Short Term 4%Total Market 8%

Real Assets 21%Commodities 8%Hard Assets 6%Real Estate 5%Cash 2%

Model Portfolios

These are sample portfolios and may not reflect current or future allocations. Please refer to current proposal before investing.1

Herz FinancialFor over 30 years, individuals and businesses have been turning to Herz Financial to help secure their financial future. While there are larger firms out there, we view our size as an advantage to offer an intimate partnership approach to asset management. Our success is in our culture–one of teamwork, integrity, and always doing right by our clients. Our clients appreciate that we understand their needs and act in their interests. Our client centric focus with an emphasis on trust, and on our desire to constantly perform better makes us a valuable piece to our clients’ financial planning.

Our Service Promise

We are committed to making sure the service you receive from our firm is excellent. We care about and are committed to our clients. Services we provide to each of our clients with assets under management include:

• Quarterly Financial Consultation and Portfolio Review• Quarterly Statements• Online Access to Accounts• Weekly Market Commentary

Why do business with

Fee Disclosures

$250,000+__________________________1.00%$500,000+__________________________.87%$1,000,000+________________________.70%

The management fee schedule is 1% on amounts $250,000+; .87% on amounts over $500,000; and .70% on amounts over $1 million. Management fees do not include any underlying asset fees or custodial fees. Actual investment advisory fees incurred by clients may vary. Investment products are not insured by the FDIC, the Federal Reserve Board, or any other agency and are not deposits or obligations of, nor guaranteed or endorsed by, any bank or savings association.

Securities and investment advisory services are offered solely through Ameritas Investment Corp. (AIC). Member FINRA/SIPC. AIC and Herz Financial are not affiliated. Additional products and services may be available through Herz Financial that are not offered through AIC. If you would like more detailed information about AIC’s investment advisory services, you should obtain a copy of AIC’s Form ADV Part II, which outlines the fees, expenses, and investment parameters associated with the AIC’s advisory platform. This disclosure document should be read carefully before investing.

As your Advisor Representative, Herz Financial provides these strategies for you to use as a resource when designing your individual investment strategy. Use our models in their entirety or incorporate your own investment philosophy into your portfolio construction. The model asset allocation program is designed for accounts worth $250,000 or more.

1The Model Portfolios do not provide comprehensive investment advice, such as advice on buying a specific stock or bond, and should not be considered the sole or primary basis on which you make your investment decisions. Model strategies are exposed to the specific risks of the funds directly proportionate to their fund allocation. The funds comprising the strategies and the allocations to those funds have changed over time and may change in the future. Securities products involve investment risk, including the possible loss of principal. Advice provided and/or recommendations made should be consistent with your investment objective(s), risk profile, financial circumstances, time horizon, etc. Before investing, carefully consider the investment objectives, risks, fees, and other important information about the underlying investment options. This information can be found in the investment company prospectuses. You can obtain copies of prospectuses from your representative. Please read the prospectus carefully before investing.

Investment products are not insured by the FDIC, the Federal Reserve Board, or any other agency and are not deposits or obligations of, nor guaranteed or endorsed by, any bank or savings association. Securities and investment advisory services are offered solely through and variable products underwritten by, Ameritas Investment Corp. (AIC), member FINRA/SIPC and a registered investment adviser. If you would like more detailed information about AIC’s investment advisory services, you should obtain a copy of AIC’s Form ADV Part II, which outlines the fees, expenses, and investment parameters associated with the AIC’s advisory platform. This disclosure document should be read carefully before investing. Herz Financial and AIC are not affiliated. Additional products and services may be available through Herz Financial or it’s associates that are not offered through AIC.

Disclosures

Blue Back Square75 Isham RoadThe Lexicon, Ste 320West Hartford, CT 06107

Phone: 860.232.5050 Fax: 877.840.2449

www.herzfinancial.com