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Client Allocation + Market Allocation<br />

= Optimized Client Portfolio<br />

Client Data Gathering<br />

Security Selection<br />

Asset Allocation<br />

Technical<br />

Analysis<br />

Fundamental<br />

Analysis<br />

Diversification<br />

Deep Study<br />

of Economic<br />

and Market<br />

History<br />

Charting<br />

Pattern<br />

Recognition<br />

Moving<br />

Averages<br />

Trend Lines<br />

Channel Analysis<br />

Momentum<br />

Indicators<br />

Valuation Ratios<br />

Intrinsic Value<br />

Dividend<br />

Analysis<br />

Historical<br />

Valuations<br />

Management<br />

Quality<br />

Global Valuation<br />

Correlation<br />

Current<br />

Market/<br />

Economic<br />

Conditions<br />

Study<br />

Of Market/<br />

Business<br />

Cycles<br />

Study of<br />

Behavioral<br />

Economics and<br />

Quantitative<br />

Analysis<br />

Client Allocation<br />

7

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