EFTA01288458.pdf

Private Wealth Management Deutsche Bank Alex. Brown SOUTHERN FINANCIAL LLC 6100 RED HOOK QUARTER 63 ST THOMAS, VI 00802 Notice to Investors Reganfing Custodian Account Statements: You are encouraged to read the statements you receive from the custodian and compare the information on these statements to this report. Please see the Notice on page 2 of this report for an explanation of difference, you may find. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) coMit5n3120-riA3 SONY_GM_00045486 DB-SDNY-0008310 EFTA_00156095 EFTA01288458  Private Wealth Management Deutsche Bank Alex.Brown ACCOUNT SUMMARY REPORT Quarter Ending December 31, 2013 PREPARED FOR Southern Financial LLC ACCOUNT ACCOUNT NAME NUMBER Southern Financial LLC N4G-023804 YOUR FINANCIAL ADVISOR TAZIA SMITH DEUTSCHE BANK ALEX. BROWN 345 PARK AVENUE 14TH FLOOR NEW YORK, NY 10154 212-454-2889 Prepared by: Lockwood® Notice Regarding Portfolio Accounting Differences Please note that the data shown on this report is for informational purposes and may differ from the data on reports generated by other sources These differences can be explained by a number of factors. including, but not Smiled to, the use of trade date versus settlement date for reporting purposes, the treatment of accrued income on securities. the seal* pricing some utilized and reports generated by different reporting systems for the same moan Please refer to your 1099 form in all instances for tax reporting purposes. If you have any questions, please feel free to contact your firencial representative. Please refer to the end of the document for Important Information regarding this report. 1c16 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SONY_GM_00045487 DB-SDNY-0008311 EFTA_00156096 EFTA01288459  ACCOUNT SUMMARY Account Number : N4G-023804 Since Fiscal Current Southern Financial LLC Account Change Inception YTD OTA Beginning Market Value $45781,896 WA WA Net Contributions/Withdrawals $41,680,028 WA NIA Gain/Loss + Income Earned $3.176.585 N/A N/A Ending Market Value $90 638 509 N/A N/A Account Returns (%) Your Account 4.82% N/A N/A Inception Date 10/11/2013 Quarter Ending 12/31/2013 Year Ending 12/31/2013 Account Gloat Over Time 00.000,000 — $90,638,509 $87.461.924 ----------- 75,000003 — 50,000000 — 25,000000 — Taal Value 0 Ince, 10/13 11113 12/13 - - - - Total CaibibutensNitchwals Asset Allocation Top 10 Account Holdings Security Name % of Account El 51.4% - Fixed Income Apollo Global Mgmt LLC CIA Shs 9.20% J P Morgan Chase & Co Dep 7.900% 04/29/49 6.10% El 22.0% • Equity General Mtrs Co Can 4.40% IUD 20.3% - Cash' El 6.3% • Mutual Fund / ETF - Equity Ally Finl Inc Pero Pld Ser A 2.125%00/00/00 Lbg Capital No 1 Plc 144a Is 8.000%09/15/88 Southern Calif Edson Co Pre 6.250%02/01/22 Wisdomtree Tr Japan Total Divid Fd Global Mtg Securitization LT 5.250% 04/25/32 Royal Bank Scotland Group P11.812%00/00/00 3.80% 3.50% 3.40% 3.40% 3.20% 3.20% Servicemaster Co Sr 8.000% 02/15/20 2.80% (Lash. Money Funds. and FOIC Depofins sw rdmg 206 Plen. CONFIDENTIAL P FED. - PURSUANT TO rimnianct h CRIM. R. a and buichravia P. 6(e) al " TM F ID ENTI AL SONY_GM_00045488 DB-SDNY-0008312 EFTA_00156097 EFTA01288460  PERFORMANCE SUMMARY December 31. 2013 For Southern Financial LLC Five Years Three Years Investment Since Since Since Last 12 Fiscal Current Account Inception Inception 12/31/2008 12/31/2010 Months YTD OTR Index Date Returns Std Vey Returns Std Dev Returns Std Dew Returns Returns Returns BALANCED No Benchmark Selected N4G-023804 10/11/2013 4.8% Pita soo important disclosures regarding performance. loos, and benchmarks al the enddIht repNr 3d6 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) FIDENTIAL SDNY_GM_00045489 DB-SDNY-0008313 EFTA_00156098 EFTA01288461  IMPORTANT INFORMATION This document provides personalized investment information and is not intended to meet the objectives of anyone other than the individual specified in this document. This document is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. This document does not replace the official statements issued with transactions entered into by the client or the client's behalf with Deutsche Bank. If there are any inconsistencies between this Report and such statements, the information contained in the statements shall govern. For account gaiMoss information, clients should refer to their Pershing statements. ASSET CLASSIFICATION The asset classifications described in this presentation will differ from the asset classification models used in Deutsche Bank business areas. including the Wealth Analytics group. and other business areas. The asset classifications shown on this report may not directly correlate with Pershing monthly statements. "SINCE INCEPTION' DATE References to the 'since inception date' reflects the beginning of actual performance calculations for the account and may differ from the actual date the account was opened. HOUSEHOLDS Performance of a household wil include the performance of its member accounts from the inception date of that member account. Performance of a household account may include accounts that are no longer active. At the request of a client, an account may be added to or removed from a particular household. When an account is added to a household, the entire performance history for the account will be included in the performance for the household. When an account is removed from a household, the performance of the account will be deleted from the household. Terminated accounts will remain in the performance history of a household report as long as they are not explicitly removed from the household. ACCOUNT SWITCHES If all assets of a former account are migrated to a new account and Pershing Managed Account Solutions is notified in advance of the account switch, the new account will include the historical performance of the former account PERFORMANCE Note that al performance figures are unaudited. 4016 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDW_GA4_00045490 DB-SDNY-0008314 EFTA_00156099 EFTA01288462  IMPORTANT INFORMATION Performance calculation methodology utilized prior to January 1, 2008 uses the Bank Administration Institute (BAI) method, a type of time-weighted calculation. Performance calculation methodology utilized after January 1. 2008 uses the Modified-Dietz method, a type of time-weighted calculation. Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. Investment returns and principal value will fluctuate and when redeemed, may be worth more or less than their original cost. Due to differences in calculation methodologies. performance returns may vary from other Deutsche Bank performance reports. All returns are presented on a time•weighted basis unless indicated. M returns are presented net of all fees, including consultant's fee, managers fee and transaction costs except individual mutual fund returns, which are net of internal fund expenses and transactions costs. For fee-based accounts shown on this report, the accounts may not be from which the quarterly fee is deducted and therefore, the performance data provided would not reflect deduction of lees. Performance returns are annualized for periods greater than one year. Net Contributions/Withdrawals consist of all receipts and deliveries of securities to the accounts for the specified period. Accrual amount indicates income that has been applied to the total value of the account, but may not be reflected on your custodial statements. Foreign Exchange, OTC Derivable Structures, and any other illiquid securities will experience delayed pricing. This may distort the performance of an account with such securities. The performance calculations of zero coupon bonds wil not include amortized interest while the bond is held in the account. When the bond is sold, the interest will be factored in the performance of the account and portfolio. The pricing for certain alternative investments will have a 30-day or longer lag period. This will be reflected in performance returns. Investments in annuities are not included in this report. Where applicable, annuities are excluded from performance calculations and account holdings. MARGIN The performance of accounts with margin use standardized performance reporting methodology. When these standards are applied, the performance of the accounts may reflect distorted data. PRICING Securities prices displayed may vary from actual liquidation value and your custodial statements. Prices shown should only be used as a general guide to portfolio value. Prices are received from various pricing services. TAX Deutsche Bank does not render advice on tax or tax accounting matters to clients. This material was not intended or written to be used. and it can not be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. 5016 CONFIDENTIAL — PURSUANT TO FED R. CRIM. P. 6(e) CONFIDENTIAL SDW_GM_00045491 DB-SDNY-0008315 EFTA_00l56I 00 EFTA01288463  IMPORTANT INFORMATION BENCHMARKS Performance may be shown at the individual account level or on a household (consolidated) level. At the individual account level, Client Advisors will select one appropriate benchmark for each account. Al the household level the benchmarks will comprise of the S&P 500, MSCI EAFE, and Barclays Capital Intermediate Gov/Credii There is no guarantee that the benchmarks listed are representative of the holdings. As a result of rounding, minimal basis point differences may exist between benchmark performance of this report and other performance reports provided by Deutsche Bank. The information on the benchmarks is presented for ilkistrative purposes only and is not intended to imply the potential performance of any fund or investment. Benchmarks are not available for direct investment. Benchmark performance assumes the reinvestment of all distributions. but does not assume any transaction costs, taxes, management fees or other expenses. The performance of tie benchmarks may vary from investments held in the account. CONFIDENTIAL — PURSUANT TO FED R. CRIM. P. 6(e) CONFIDENTIAL 6016 SDW_C4.4_00045492 DB-SDNY-0008316 EFTA_0015610I EFTA01288464  DNISOC Ilan, Ponle wean Ma.ligenild Weeny C00. 4•1* WPp Cettsche Sank W(. ,ic, Mrs bri Once PA BM 1776. Oslitras kD 21200 J1 Part Aire, Italica Mew •ett. Pi? /OVA (I IS) CA.74121.1111.1211.4t9S Account Num ber: N4G-0 2 3 8 0 4 Statement Period: 1 2/01/2013 - 1 2/31/2013 Valuation at a Glance This Period Year-to-Dale Beginning Account Value 970,872,398.33 $0.00 het Cash Deposits and Withdrawals 395,598 16 21,363,602 70 SOUTHERN FINANCIAL LLC Net Securities InlOut of Account 25,163,519.80 73,858,278.76 6100 RED HOOK QUARTER B3 Adjusted Previous Account Value 95,221,881.48 98,731,648.29 ST THOMAS VI 00802 Dividends, Interest and Other Income 192,211.94 1,195,263.04 Total Taxes Withheld -118.86 -11886 Net Charlie in Portfolio -6 650 622 09 -5.843.97536 nd ng Account Value 590 573.050 28 590 573 050 28 Your Client Advisor: Estim aced Annual Income $3.733,57131 Asset Allocation Prior Year-End Lad Period This Period % Allcaticie USD Cash. Money Funds, and Bank Deposits' 0.00 20,573,902 14 18,295,949.71 20.20% Pie Chart atocation only includes products that are of positive value. USD Rod Income 0.00 19.692,375.00 27,736,972.38 30.62% p Assets of less than 1% c4 holdings Non-USD Fixed Income 0.00 320.250.00 10,227,309.46 1129% wi not dspay on this pie chart. USD Equities 0.00 28.904,515.13 30,410,519.65 33.59% Non-USD Equities 0.00 986,356.08 3,137,19214 3.48% Non.USD Cash, Money Funds, and Bank Deposits 0.00 0.01) 102.106 34 0.14% Other 0.00 395,000.00 363.000.00 0.10% Account Total (Pie Chart( 30.00 870,872,398.33 $90,673,050.28 100.00% I The Bank Deposits in your account are FDIC insured bank deposits. FDIC insured berh deposits are no: securities and are not covered by the Secuntes Investor Protection Corporation ISIPC). These bank deposes are covered by the Federal Deposit Insurance Corporation (FDIC). up to donde finite. See page 2 of this statement for important Information regarding the Asset Atocaton section. Page 1 of 24 Go oaoeriess sc.,— ye.— Mooed IA.41.0 01.01rypiretet•••••.• u.C. Senor. •••••Niwt CONFIDEN 1AL- B0105409CSF30022 In A fttsve DAL•A• RATED COMMUNICATIONS name. ales V•••••••••Cara.staNY Lac OviSOILC •••••••• Saw. terSa SDNY_GM_00045493 MOMS CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0008317 EF1'A_00156102 EFTA01288465  Asset Allocation Disclosure and Footnotes Certain values have been defaulted into the Other Asset Class due to incomplete categorizing data AI values are displayed in U.S. dollars based on interbank exchange rates as of 12/31/2013. Exchange rates can vary. Equities contains Equity Mutual Funds. Summary of Gains and Losses Realized This Period Tear-to-Date Unrealized Short-Term Gainlloss -130,198.03 -130.198 03 488.435 73 Long.Term Gain/Loss 1.77 1.77 4,117,157.99 Net Galnl loss ,130,196.26 -130,196.26 .2,90,722.8 This summary excludes transactions where cost basis information is not available. For Your Information Deutsche Bank will change certain service and account-related fees effective January 1, 2014. See the "Messages" section at the end of this statement for details. Exchange Rate Table Global Cash Currency Oasis° Mount in Currency USD Equivalent per USD Currency Balance Base Currency USD EL RO 1 3778 0.7257 EURO 291.848.87 102.105.31 Total Global Cash Balance 3102,106.31 Exchange rates are based on interbank exchange rates as of 12/31/2013 Exchange rates can vary. FDIC Insured Bank Deposits Date Activity Type Description Mount Balance Sweep FDIC Insured Bank Deposits INSURED DEPOSITS PROGRAM Account Number N46023804 Activity Ending 12131113 11130113 Opening Balance 20,308,113.57 20,308,113.57 12/02113 Deposit DEPOSIT 265,788.57 20,573,902.11 12/03113 Deposit DEPOSIT 12,15625 20,616,058.39 12/05113 Depoil DEPOSIT 23.61 20,618,082.00 12112113 Withdrawal WITHDRAWAL 403,314.50 19,812,767.50 12/13113 Depoll INTEREST CREDITED 125.98 19.813.193.48 12113113 Deposit DEPOSIT 869,801.97 20,682,995.45 APY 0.03% 12/16113 Withdrawal WITHDRAWAL -2,966,098.50 17,716,896.95 Page 2 of 21 Account Number: N16423604 Stan Ye Comesa wow% PerSifteu.C.••••••••••••••••••San Pin OSIO9CSFI002: NIAS.Cu, Go paperless Years In A Reno GIaAP LOW COMMUNICATIONS on. roan "Diners cams caw arms Army “C 'Jiff...It...A nr.s. sec BMLWfJgI CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6: "ERN KIFIDAENTIAL SONY GM_00045494 DB-S6NY-0008318 EFTA_00156103 EFTA01288466  Prnale wealth Ma.zgentive SWIMS CM.ale 4,C,P OMVMW Sec...o. ,,c. MM Mk. PQ Sat 1771Elarrois 'AD 71203 SO Pan Mem. !Uhl/act liesli" PM 10114 P M10S4441RS17Y4Ofl Statement Period: 12/0112013 - 12/31/2013 FDIC Insured Bank Deposits (continued) Ad ilty Type Description Mount Balance Sweep FDIC Insured Bank Deposits (continued) INSURED DEPOSITS PROGRAM (continued) Associated Bank NA NO 12/16 3250000.00 BB8T NO 12/16 $250000 00 Bank of Am erica NO 12/16 $250000.00 Citibank NA NO 12/16 3250000.00 Deutsche Bank NO 12116 $15529897. East West Bank NO 12116 $250000.00 NYCommunity Bank NO 12/16 $250000.00 Texas Capital Bank NO 12/16 $250000.00 TnState Capital Bank NO 12/16 $186999 71 Union Bank of CA NO 12/16 $250000.00 12/17113 Deposit DEPOSIT 258,575.00 17.975,471 95 12/20/13 Deposit DEPOSIT 197.702.00 18.173.173 95 12/27113 Deposit DEPOSIT 1.164.22 18.174.338 17 12/30113 Deposit DEPOSIT 7.334.16 18.181.672 33 12131113 Closing Balance $18,181,612.33 Total FDIC Insured Bank Deposits $14,181,672.33 The FDIC Insured Bank Deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). The Bank Deposits at each bank are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 for each category of legal ownership including individual retirement accounts and certain other self diected retirement accounts. Please review this in connection with other deposits you may have at each respective bank. Page 3 of 24 Account Number: NIG-023804 Rote rnollent awls. nom. OWS•110.•••••••••••••••••Sr Go paperless Seven Yeas In A Pew Err , COmmuNiCiatOrit of made onisneaseies cense/scan arena ...esas rem sec ••••••••t“ SO LTHERk CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) F ""` SDW_C4.4_00045495 DB-SDNY-0008319 EFTA_00156104 EFTA01288467  Income and Expense Summary anent Period Year-to-Date Taxable Hon Taxable Taxable Non Taxable Dividend income Equities 97,006.69 0.00 170.36294 0 00 Other Dividends 42,532.85 0.00 321,282.85 0.00 interest income Bond Interest 259,73922 0.00 304,114.22 0.00 FDIC Insured Bank Deposits 425.98 0.00 54922 0 00 Other Interest 0.00 0.00 40,625.04 0 00 Expenses Withholding Taxes -118.86 0.00 .118.86 000 Total Dividends, Interest, Income and Expenses 8399,585.88 80.00 8836,815.41 80.00 Distributions Long • Term Capital Gain Distributions 59,348.45 0.00 59,348.45 0.00 Short - Term Capital Gain Distributions 33.191.75 0 00