We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

The Elmwood Client Experience

We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

The Client Experience: Annual Financial Planning Update

Financial planning is inclusive in our core services, and this means we will:

Run projections on education funding and retirement

Help establish a baseline budget for expense tracking

Annual updates to track your progress

We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

The Client Experience: A Transparent Investment Plan

Asset

Class

% Historical

Return

Historical

Volatility

Domestic

Equities

35% 9.74% 20.0%

Foreign

Equities

10% 8.1% 21.9%

Fixed

Income

40% 6.0% 6.9%

REITs

& Nat Re

10% 6.5% 18.5%

Cash 5% 3.0% 3.1%

Total 100% 7.4% 10.1%

Sample Investment AllocationOur goal is to implement an investment plan that:

You understand

We can communicate easily

Is a good fit for you

We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

The Client Experience: An Investment Policy Statement

Adoption of Investment Policy

We have reviewed the investment policy statement, understand the strategy and agree on the

implementation of the plan. Should your own personal circumstances change, please let us

know so that we can advise if any recommended changes should be made. Future changes to

the investment policy, when applicable, will be mutually agreed up and a revised investment

policy statement will be generated for your signatures.

____________________________ _____________________________

Shannon Lemon, CFP® Jane Doe

Elmwood Wealth Management

Date Date

_____________________________

Robert C. Gillooly, CFA John Doe

Elmwood Wealth Management

Investment Policy Statement

Client Summary: Jane and John live in Oakland, California. Jane has accepted the early retirement packagefrom the Exploratorium where she has worked for 28 years. John has been retired from theCalifornia State Library for 20 years. After many years of handling the family finances, Johnhas relinquished this role to Jane.There are medical problems for both of them which may ultimately limit their ability to keepup with their finances without professional assistance. They would like to reduce the risk intheir portfolios and make sure there is enough income from their pensions, personalinvestments and retirement accounts to afford them a comfortable lifestyle without worry.

Growth Portfolio Objective: Jane and John have an investment time horizon of five to ten years, and we believe they havean average to below average risk tolerance. This also is based on the knowledge that Jane andJohn appear to have enough assets to match their long-term needs. Elmwood will thusmanage the portfolio assets with an income and growth objective.

Too often we find that families do not have a concrete investment plan in place. Our investment policy statement is meant to:

Summarize your goals and objectives

Create an outline and structure of how we plan to invest on your behalf

Document specific income, liquidity, or other special circumstances

We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

The Client Experience: A Secure Electronic Client Portal

We provide each client with a personal online client portal that can be used to:

View account balances and holdings

Monitor monthly investment performance

Store personal financial documents such as wills and trusts

We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

The Client Experience: Frequent Communication

Communication is an important part in how we establish a relationship with a client. Here are some example ways we stay in touch:

In person meetings either at our office, or yours

Online video meetings

Elmwood quarterly statements and mid-quarter topical updates

We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

The Client Experience: Tax and Estate Planning Advice

Elmwood helps our clients navigate through complex tax and legal questions as well. Here is how we do it:

Serve as an initial point of contact on tax and legal issues.

Coordinate work with outside professionals

Educate clients on changes and existing tax and estate planning topics

We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

The Client Experience: Account Aggregation & Review

byallaccounts

A common challenge we all face is keeping track of our financial assets. We help clients organize their affairs by doing the following:

Tracking non-managed financial accounts

Providing 401(k) and 403(b) recommendations

Create a financial inventory list documenting accounts, policies, and passwords

We Build and Preserve WealthElmwoodWealth Management

Financial Planning Investment Management Tax & Estate Services

Elmwood Wealth Management, Inc.2027 Fourth Street, suite 203

Berkeley, CA 94710510-858-2723

www.ElmwoodWealth.cominfo@elmwoodwealth.com