Lenox personal cfo digital_2013

LENOX PERSONAL CFOTM

Achieving financial success does not always simplify life In fact affluence generally increases the complexity of the decision-making process The greater onersquos wealth the more time and knowledge must be invested in maintaining its growth protection and ultimate distribution Lenox Advisors helps provide that solutionmdash in an independent objective and integrated fashion

FINANCIAL PLANNING

Is there a way to aggregate all my financial assets and track their performance and overall asset allocation

How should I allocate my year-end bonus

Should I be deferring some of my income

How should our assets be owned Individual names joint tenants in common

Should I convert all some or none of my conventional IRAs to Roth IRAs

RETIREMENT PLANNING

Do I have enough money to retire

From which pockets of money should I draw down first

ASSET MANAGEMENT

How can I reduce the level of risk in my portfolio

How are my various investments performing relative to their respective benchmarks

Should I allocate my IRAs 401(k) and deferred compensation accounts differently than my taxable accounts

Should I diversify using hedge funds or Real Estate Investment Trusts

Can I reduce the tax bill on my investments

ESTATE PLANNING

Are my estate planning documents (Wills Trusts etc) appropriate up to date and consistent with current tax codes

Should I establish more complex estate planning techniques such as GRATS FLPs QPRTs IDGTs etc

Who can make sure I am sending out the appropriate Crummey notices each year

Where are all my important documents (Deed to house tax returns wills etc)

Are there Trust instruments I should be using

Living Revocable Trusts Special Needs Trusts Irrevocable Trusts Generation Skipping Trusts etc

Should I consider a gifting stategy

INSURANCE

Do I have the right amount and right type of insurance

Life Disability Income Are they coordinated with my other assets and legal documents

Do I have the appropriate autohome insurance coverages

How do I determine the proper deductibles

How much Umbrella Liability coverage should someone have with my level of assets

TAX PLANNING

How should I actively manage capital gains and losses throughout the year

Is there an optimal time to be exercising ISOs NQOs

MONEY AND CHILDREN (Lenox Money-Smart Kidstrade Program)

Have we established and communicated our personal financial values to our children

When is the appropriate time to start an allowance and what is the appropriate amount

How do we teach our children about philanthropy

WHAT KEEPS YOU UP AT NIGHT

The information provided is not written or intended as tax or legal advice and my not be relied on for purposes of avoiding any Federal tax penalties Fee-based financial planning services offered through Lenox Advisors Inc Lenox Advisors Inc offers access to securities and asset management services through MML Investors Services LLC 530 5th Avenue 14th Floor New York NY 10036 212-536-6000 member SIPC Investment adviser representatives of Lenox Advisors Inc offering fee-based financial planning services may also be registered representatives and investment adviser representatives of MML Investors Services LLC for purposes of offering securities and asset management services as applicable Lenox Advisors Inc is a wholly owned subsidiary of National Financial Partners Corp (NFP) Lenox Advisors Inc and NFP are not affiliates or subsidiaries of MML Investors Services LLC Services offered through Lenox Advisors Inc as an Independent Registered Investment Advisor are not sponsored or offered through MML Investors Services LLC CRN201206 - 136669 copy 2012 Lenox Advisors Inc All rights reserved

Lenox Advisors Integrating financial security into financial success Learn more at wwwlenoxadvisorscom

Lenox Advisors is a comprehensive Wealth Advisory firm focusing on high net worth individuals including corporate executives business owners and entrepreneurs Most of our clients retain us to be their ldquoPersonal CFOrdquo We coordinate all aspects of their financial lives including retirement planning asset management risk management estate planning insurance childrenrsquos college education etcFor our corporate clients we advise them on all different types of benefit programs and qualified plans for their employees including customized carve-out programs for senior executives

WHAT CAN WE DO FOR YOU

LENOX SERVICE OVERVIEW

Fee-based financial planning services offered through Lenox Advisors Inc Lenox Advisors Inc offers access to securities and asset management services through MML Investors Services LLC 530 5th Avenue 14th Floor New York NY 10036 212-536-6000 member SIPC Investment adviser representatives of Lenox Advisors Inc offering fee-based financial planning services may also be registered representatives and investment adviser representatives of MML Investors Services LLC for purposes of offering securities and asset management services as applicable Lenox Advisors Inc is a wholly owned subsidiary of National Financial Partners Corp (NFP) Lenox Advisors Inc and NFP are not affiliates or subsidiaries of MML Investors Services LLC Services offered through Lenox Advisors Inc as an Independent Registered Investment Advisor are not sponsored or offered through MML Investors Services LLC 86543 copy 2012 Lenox Advisors Inc All rights reserved

Lenox Advisors Integrating financial security into financial successLearn more at wwwlenoxadvisorscom

LENOX PRIVATE WEALTH MANAGEMENT

Lenox Personal CFOtradebull Estate Planning Strategiesbull Lenox Retirement Advisortrade (retirement income

distribution and tax minimization strategies)

bull Account Aggregationbull Vault for Personal Documentsbull Lenox Money-Smart Kidstrade Program

Lenox Asset Managementbull Access to Separately

Managed Accountsbull Municipal and Taxable

Bond Portfoliosbull Real Estate Investment Trustsbull Hedge Funds

LENOX CORPORATE CLIENT SERVICES

Lenox Corporate Benefitsbull Group Benefits (bSwift HRIS Health and

Welfare DisabilityLTD HSAs)bull Corporate Carve-Out Insurance Programs

(Life Disability Income Long Term Care)

Lenox RPCtrade (Retirement Plan Consultancy) Platformbull Ongoing Fiduciary Support Servicesbull Ongoing Investment Monitoringbull Investment Policy Statement Reviewsbull Detailed Processes Unbiased Perspective

LENOX INSURANCE BROKERAGE

bull Life Insurancebull Disability Income Insurancebull Long Term Care Insurancebull Ownership Structure Trustsbull Key Person Coveragebull Fixed and Variable Annuities

Property and Casualty Insurancebull Home and Auto Insurancebull Umbrella Liability Insurance

PREPARATION AND IMPLEMENTATION OF YOUR FINANCIAL PLAN

bull Fact Finder session to gather information and formulate your Money Constitutionmdashthe foundation values and motivations driving your familyrsquos financial personality

bull Construction of your Personal Wealth Management web site

ndash Account aggregation which provides automatic daily updates on your Financial Plan

ndash Vaulting of all personal documents in a secure but accessible location

bull Customized Financial Plan presented to help establish and reach your financial goals

bull Action Items List created to map out the steps needed to execute the Plan

bull ldquoLenox On-Callrdquomdashaccess to our team of CFPreg practitioners supported by experienced staff throughout the year

ESTATE PLANNING

bull Review of Wills trusts and asset titling to ensure these meet your wishes and work within current law

bull Sophisticated estate planning recommendations to help minimize your potential estate tax exposure

bull Real estate and business assets held in LLCs for liability protection probate avoidance

bull Review your beneficiary designations for your retirement plans and insurance policies

bull Crummey Notices preparation execution vaulting for eventual estate tax audit

ASSET MANAGEMENT

bull Review and recommendations on overall asset allocation

bull Manager review analyses through third parties such as Standard amp Poorrsquos and Lipper

bull Specific retirement investment recommendations and an investment review across all taxable vs qualified accounts for tax-efficient strategies

bull Provide 401(k) strategy and allocation recommendations

INSURANCE

bull Life Disability Income review existing coverage and analyze need

bull ldquoIn-Forcerdquo analyses every three years on existing policies to determine their ongoing performance

bull Long Term Care Insurance analysis for the client andor parents

bull Auto Homeowners Umbrella Liabilitymdashreview deductibles identify gaps

bull Due diligencemonitoring of insurance companiesrsquo financial strength

RETIREMENTCASH FLOW MANAGEMENT

bull Goal Modeling ndash ldquoWhat ifrdquo scenarios eg effects of earlier retirement a major purchase etc

bull Cash Flow and Budgeting

bull Monte Carlo simulation modeling to provide ldquobestworstrdquo projections

LENOX PERSONAL CFOTM

LIST OF SERVICES

LENOX PERSONAL CFOTM

Achieving financial success does not always simplify life In fact affluence generally increases the complexity of the decision-making process The greater onersquos wealth the more time and knowledge must be invested in maintaining its growth protection and ultimate distribution

CORPORATEGROUP BENEFITS PLANNING

Corporate Executives

bull Coordinate all qualified and non-qualified retirement plans and allocations with overall personal financial plan Bonus stock option RSU and other compensation programs similarly coordinated

bull Integrate available carve-out benefit strategies and programs into overall risk managementinsurance profile

bull Analyze all corporate health insurance programs to maximize benefits

Business Owners

bull Review of all Group Benefits including Group Health Life Disability 401(k) Deferred Compensation Liability

bull BuySell Agreements to support business continuation plans

bull Succession planning

GIFTING AND COLLEGE EDUCATION PLANNING

bull Maximizing your annual gift exclusion and $1000000 lifetime gift exemption

bull Calculate education funding needs and evaluation of most appropriate savings vehicle

LENOX PERSONAL CFOTM

Estate planning is done in conjunction with your estate planning attorney tax attorney andor CPA Offered through 3rd party vendorsFee-based financial planning services offered through Lenox Advisors Inc Lenox Advisors Inc offers access to securities and asset management services through MML Investors Services LLC 530 5th Avenue 14th Floor New York NY 10036 212-536-6000 member SIPC Investment adviser representatives of Lenox Advisors Inc offering fee-based financial planning services may also be registered representatives and investment adviser representatives of MML Investors Services LLC for purposes of offering securities and asset management services as applicable Lenox Advisors Inc is a wholly owned subsidiary of National Financial Partners Corp (NFP) Lenox Advisors Inc and NFP are not affiliates or subsidiaries of MML Investors Services LLC Services offered through Lenox Advisors Inc as an Independent Registered Investment Advisor are not sponsored or offered through MML Investors Services LLC CRN201308 ndash 151979 copy 2012 Lenox Advisors Inc All rights reserved

Lenox Advisors Integrating financial security into financial successLearn more at wwwlenoxadvisorscom

OTHER

bull Lenox Money-Smart Kidstrade Program ndash Provides tools and resources to help teach your children about financial values and how to deal with corresponding issues through every phase of their childhood

bull Mortgage and overall debt analysis

bull Review credit reports and tips to improving your credit score

bull Recommendations on credit protection

bull How to reduce the risk of identity theft

ALERTS AND ALARMS

bull Asset Allocation alerts triggered if market values push your allocation outside agreed upon range

bull Insurance premium due dates

bull Expiration dates for family documents such as passports driversrsquo licenses

bull Vesting and expiration dates of RSUs options

bull Year-end planning

ndash Fund Flexible Spending Account at work

ndash Fund childrenrsquos college accounts

ndash Gift your annual exclusions

ndash Pay state and local taxes by December 31 to get tax deduction

ndash Consider tax loss selling to offset gains

LENOX MONEY-SMART KIDStrade PROGRAM

As parents encouraging and supporting financial literacy for our children should be a top priority Because it is not just about moneymdashitrsquos about values Financial education develops a lifetime of independence good judgment and responsible habits

Lenox Advisors wants to help clients raise money-smart children To that end we built the Lenox Money-Smart Kidstrade Program a platform for our clients and their children that includes recommendations on and access to

bullBooks 1048696 bullWeb sitesbullAge-specific lesson plans 1048696 bullNewslettersbullSeminars with authors Trust amp Estates attorneys and money managers

This program is a direct outgrowth of client requests for more information to assist them in raising financially literate children We recognize raising children is hard raising financially-literate well-rounded and grounded children is harder still

Do these questions and issues keep you up at night

Irsquom not sure how much allowance my child should get and I donrsquot want to give her too much or too little How much is appropriate and at what age

Our teenage daughter is constantly overcharging her credit card and her cell phone bill and wonrsquot pay them in full or on time Then she asks for more money What can we do

1048696When are the best ages to begin an allowance open a savings or checking account give my child a cell phone credit cardhellip

1048696 The only thing my kids want to do with their allowance is to spend it How can we introduce the ideas of saving charity and philanthropy

1048696 Our 9 year old has developed an avid curiosity about how much money the family has and wersquore not sure how much to share Do you have any guidance

The Lenox Money-Smart Kidstrade Program guides our clients on how to approach these types of questions But all the books Web sites and seminars are secondary to the best resourcemdashyour time Parents can not be reticent to discuss money with their children Itrsquos a must for their future

If you have a question and would like a professionalrsquos perspective contact Matt Gordon 212-536-8700 There is no charge for this service if you are a Lenox CFOtrade client

MONEY MATTERS TEACHING FINANCIAL VALUES

The Hartford Financial Services Group Inc Amid Economic Uncertainty New National Survey Finds Parents Concerned About Childrenrsquos Future Financial Independence April 14 2008 httpirthehartfordcomreleasedetailcfmReleaseID=304399] CRN201007 - 106518LLC copy 2012 Lenox Advisors Inc All rights reserved

Lenox Advisors Integrating financial security into financial successLearn more at wwwlenoxadvisorscom

ldquoNearly 72 of the parents surveyed acknowledged that they are their childrenrsquos primary source of personal finance education although 44 admit to needing more guidance on how to best teach their children the skills necessary to become financially responsible and successful adultsrdquo

Lenox AdvisorsPrivate Wealth Management Group

WelcomeAchieving fi nancial success does not always simplify life In fact affl uence

generally increases the complexity of the decision-making process The

greater onersquos wealth the more time and knowledge must be invested in

maintaining its growth protection and ultimate distribution

Attorneys accountants insurance professionals and fi nancial planners can

offer invaluable advice but because most offer services independent of one

another it is often up to their clients to sift through the individual recom-

mendations evaluating each to determine which are the most appropriate

The ideal solution is a wealth management fi rm that can help defi ne and

achieve each clientrsquos unique long-term goals through a comprehensive

holistic program of investments tax planning asset allocation risk manage-

ment insurance retirement planning and estate planning

Lenox Advisors helps provide that solution in an independent objective

and integrated fashion

A Single Source

Lenox Advisors is a unique Wealth Advisory fi rm focusing on high net worth individuals

including corporate executives business owners and entrepreneurs Most of our clients

retain us to be their ldquopersonal CFOrdquo We coordinate all aspects of their fi nancial lives

including retirement planning asset management risk management estate planning

insurance childrenrsquos college education etc

In Lenoxrsquos Private Wealth Management Group highly-skilled fi nancial planning professionals

CFPreg practitioners CPAs and others craft the strategies and engineer the follow-through to

help ensure continued fi nancial success as part of the Lenox CFOtrade Program Concurrently

asset management strategists have the ability to access institutional money managers

matched to clientsrsquo specifi c objectives

Working in tandem allows each team member to become familiar with each clientrsquos individual

needs and more effi ciently integrate solutions into the overall fi nancial plan This reduces

the complexity in clientsrsquo fi nancial lives which helps to increase clientsrsquo fi nancial security

Comprehensive StrategiesLENOX ADVISORS OFFERS Private Wealth Management

Fee-Based Financial PlanningLenox CFOtrade

Asset Management Insurance Brokerage

Life Insurance Disability Income Insurance Long Term Care Insurance Annuities

Lenox Corporate Benefi ts Group Insurance Benefi ts Corporate Executive Carve-Out Insurance Programs

Lenox RPCtrade (Retirement Plan Consultancy) Platform

Secure

SimplifyAs their wealth grows most affl uent individuals express concern that their

fi nancial lives are increasingly complex They face a wide array of compli-

cated decisions every day

bull How can they secure their fi nancial future including estate planning retire-

ment insurance and asset management

bull How do they best allocate their assets to match their short and long-term

needs while addressing their philanthropic goals

bull How can they afford to help care for aging parents while minimizing the

fi nancial impact on their family

As a single-source fi nancial advocatemdash their personal CFOmdashLenox works

collaboratively with clientsrsquo advisors to create a focused integrated strategy

that drives all present and future fi nancial-related decisions The Lenox

CFOtrade the fi rmrsquos proprietary platform for simplifying the fi nancial planning

process enables Lenox to coordinate each clientrsquos fi nancial mattersmdashfrom

risk management and estate planning to asset management and insurance

Lenox CFOtrade

Lenox CFOtrade

ldquoWe help our clients realize their dreams by integrating and

overseeing virtually every aspect of their fi nancial livesrdquo

Michael Book Managing Partner Lenox Advisors

Cash FlowRetirement Planning ldquoWhat ifrdquo Scenarios Expense Modeling Retirement Income and Distribution Strategies Tax Minimization Strategies

Balance SheetNet Worth Statements Estate Planning Strategies Risk ManagementInsurance Audits Asset Allocation Strategies Account Aggregation Education Funding Lenox Vault for all Personal Documents Lenox Money-Smart Kidstrade Program

Financial Literacy Resources Age-Based Lesson Plans for Children

Lenox CFOtrade

What sets Lenox apart is the comprehensive nature of what we can accomplish as your

personal CFO streamlining the fi nancial planning process with a focus on advice rather

than products

Our technology gives Lenox Advisors and our clients the ability to organize information

from all their advisors and consolidate them in one place The data is encrypted secure

and automatically updated daily This frees the client from the smallest (but often the most

critical) details of wealth management giving them the freedom to devote more time and

attention to other important aspects of their lives

Streamline

Organize and Consolidate

ldquoManaging your wealth can be an intimidating process We turn

anxiety into empowerment by becoming our clientsrsquo personal CFO

and developing a set of fi nancial goals and a game plan for

achieving themrdquo

Rick Van Benschoten CFPreg Managing Partner Lenox Advisors

A key differentiator of Lenox is our values-based approach to wealth management and

how it threads throughout your relationship with Lenox All our recommendations are

sourced through your ldquoPersonal Money Constitutionrdquo a document reflecting your (and

your familyrsquos) relationship to money

For example what are the values you grew up with and what do you want to pass on to

your children What values do you and your spouse agree and disagree on What would

we have to do together over the next fi ve years for you to believe wersquove succeeded in

managing your fi nancial affairs

Realizing that wealth management is often a family issue Lenox developed a proprietary

platform the Lenox Money-Smart Kidstrade Program to help parents communicate their fi nan-

cial values and educate their children about money and philanthropy Lenox knows preserv-

ing generational wealth cannot be accomplished without preserving values

Communicate

Financial Values

Lenox CFOtrade

StrategizeSuccessful asset management is a process not an event Securing onersquos

fi nancial future particularly in an uncertain economic environment requires

continuous oversight by an integrated team of fi nancial professionals who

are able to provide insightful advice and timely execution against agreed-

upon fi nancial goals Such oversight provides strategic perspectives on

specifi c issues including What asset allocation is appropriate for your level

of risk tolerance Where should you own specifi c investments in order to

maximize after-tax returns When should one overweight versus under-

weight certain asset classes

Lenox Asset Management

Lenox Asset Management

Access to Separately Managed Accounts Municipal and Taxable Bond Portfolios Equities Alternative Investments Mutual Funds Variable Annuities Exchange Traded Funds Real Estate Investment Trusts Commodities-Based Funds Oil and Gas Partnerships

Lenox Asset Management

Lenox Advisors takes the time to listen to clients and understand how they accumulated

their wealth Was it success in a self-made business inherited money a concentrated

stock holding in a public company Lenox then develops an investment strategy based on

each clientrsquos particular fi nancial goals including their spending needs multi-generational

estate planning goals retirement and future philanthropic aspirations We believe success-

ful asset management should be part of overall estate business and fi nancial planning

ASSET ALLOCATION

Lenox Advisors takes an institutional approach to individual investing encouraging clients

to approach their portfolio asset allocation similar to a college endowment or charitable

foundation We believe global multi-asset class portfolios of stock bond and alternative

investments have the best potential to protect assets and generate strong returns while

minimizing risk Emphasizing asset classes and investment vehicles that have little or no

correlation over a market cycle helps to increase success

INVESTMENT VEHICLES

Lenox Advisors has no proprietary products and utilizes an open architecture approach

through consulting fi rms that assist in the initial and ongoing reviews of institutional

money managers Lenox implements portfolios through some of the best money manag-

ers and private fi rms available as well as utilizing passive investments where appropriate

ASSET OWNERSHIP

Often overlooked asset ownership is an important aspect of investment planning For

example tax-ineffi cient investments (including some alternative investments) could be

moved to tax-deferred accounts This type of investment detail keeping in mind the under-

lying performance of the investment could yield far more in returns than market timing or

investment selection These decisions become even more important when potential tax

increases may be on the horizon

Access

Analysis and Planning

ldquoThe one certain way to improve investment returns is to reduce

expenses and the greatest expense in most investment portfolios

is taxes We believe wealth is amassed by focusing on after-tax

returns not pre-tax returnsrdquo

Greg Olsen CFPreg Partner Lenox Advisors

Lenox Asset Management

PERFORMANCE AND PORTFOLIO MONITORING

Specifi c goals and monetary aspirations can change over time Likewise the cycles of the

global markets and the structure of the world economy evolve and change through the

years Lenox Advisors meets regularly with clients to update their recommended asset

allocation rebalance the overall portfolio or replace or add an investment vehicle or man-

ager Any modifi cation is made based on a clear understanding of each clientrsquos current

situation and future goals and on up-to-date economic and investment vehicle analyses

WHAT SETS US APART Lenox provides a team of planning and investment specialists all integrated in one Private

Wealth Management group who are compensated based on servicing current clients not

fi nding new ones Lenox has access to some of the best managers that do not participate on large wire-

house platforms We help develop infl ation-protected tax-effi cient portfolios focused on capital preservation

for the long-term investor Client portfolios are monitored regularly to manage risk respond to client needs and quickly

take advantage of market conditions Portfolios are fi ltered through a customized optimizer to create effi cient portfolios that

balance risk and return Because we have no proprietary products we are free to fi nd who we believe to be the best

managers in each asset class We also understand risk management insurance and how it can creatively help your

portfolio

Integrate

Diversifi ed Investing

OVERSIGHT

Client portfolios are monitored regularly to manage risk respond to client needs and quickly take advantage of market conditions

TEAM

Lenox provides a team of plan-ning and investment specialists integrated in one Private Wealth Management group who are compensated based on servic-ing current clients not finding new ones

DESIGN

Portfolios are filtered through a customized optimizer to create effi cient portfolios that balance risk and return

ACCESS

Lenox has access to some of the best managers not on large wirehouse platforms

PORTFOLIOS

We help develop inflation-pro-tected tax-efficient portfolios focused on capital preservation for the long-term investor

Lenox Advantage

ldquoItrsquos no surprise that our business is built almost entirely on

referrals from clients accountants and attorneysrdquo

Tom Henske CFPreg Partner Lenox Advisors

INDEPENDENCE OBJECTIVITY AND INTEGRATION

It takes the combined expertise of a team of trusted advisorsmdashattorneys accountants

insurance brokers and fi nancial plannersmdashworking in concert collaboratively and seam-

lessly to help assure fi nancial security Lenox Advisors integrates fi nancial security

into fi nancial success by delivering an unprecedented level of specialized expertise and

personalized service entirely focused on helping our clients grow protect and distribute

their wealth

Lenox Advisorsrsquo approach is founded on building a deep understanding of the unique

needs of each client It is Lenoxrsquos mission to become aware of the changes in clientsrsquo life

circumstances in order to anticipate and respond creatively to new risks and emerging

opportunities The end result is a coordinated fi nancial plan updated regularly that will

help meet each clientrsquos individualized wealth management goals

Lenox is a part of National Financial Partners (NFP) a publicly traded company focused on

the distribution of fi nancial services to high net worth individuals and growing entrepre-

neurial companies This gives Lenox the ability to offer its clients the benefi ts of objective

independent advice together with all the resources of a leading national organization

For further information call Lenox Advisors at (212) 536-8700 email them at

infolenoxadvisorscom or visit the firmrsquos website at wwwlenoxadvisorscom

Collaborate

Expertise and Service

Select Screen Shots from the Lenox CFOtrade

Corporate Headquarters530 Fifth AvenueNew York NY 10036

Two Stamford Plaza281 Tresser BoulevardSuite 1004Stamford CT 06901

20 North Clark StreetSuite 550Chicago IL 60602

535 Pacifi c Avenue 2nd FloorSan Francisco CA 94133

wwwlenoxadvisorscominfolenoxadvisorscom

Estate planning is done in conjunction with your estate planning attorney tax attorney andor CPA

Asset allocation does not guarantee a profi t or protect against loss in declining markets There is no guarantee that a diversifi ed portfolio will outperform a non-diversifi ed portfolio or that diversifi cation among asset classes will reduce risk

Fee-based fi nancial planning services offered through Lenox Advisors Inc Lenox Advisors Inc offers access to securities and asset management services through MML Investors Services Inc 530 5th Avenue 14th Floor New York NY 10036 212-536-6000 mem-ber SIPC Investment adviser representatives of Lenox Advisors Inc offering fee-based fi nancial planning services may also be registered representatives and investment adviser representatives of MML Investors Services Inc for purposes of offering securities and asset management services as applicable Lenox Advisors Inc is a wholly owned subsidiary of National Financial Partners Corp (NFP) Lenox Advisors Inc and NFP are not affi liates or subsidiaries of MML Investors Services Inc Services offered through Lenox Advisors Inc as an Independent Registered Investment Advisor are not sponsored or offered through MML Investors Services Inc CRN201210 - 136659