Focus Financial Inaugural Summit

Municipals:

Updated numbers to make the case for the team to look to be active across Munis.

Performance #s below will be net of fees. TEY #s are based on federal taxes and are not considering those who could additionally benefit from holding 100% MN paper. As discussed, Nuveen has conviction across HY Muni credit for capturing yield + strong fundamentals. I have attached our Muni Market update presentation that we put together on monthly basis.

To sum it up:

Muni yields sit in the 98th percentile over the trailing 10 years, and yields are the largest driver of municipal returns, meaning now is as attractive of a time for municipals as we have seen.

Taxable Fixed Income:

Nuveen is much more than a just Muni Shop. Thanks to our parent company TIAA, we are a Global Fixed Income Credit shop across the board.

Nuveen Preferred Securities and Income Fund, NPSRX

Dist Rate = 6.05%; QDI advantaged (97% in 2024); YTD performance 2.25%; Duration = 4.20yrs

Given the highly regulated nature of banks, insurance companies, and utilities, we view preferred securities as a lower risk opportunity to capture more spread and yield by investing farther down the capital structure.
High quality issuers can better weather economic downturns. Unlike many other industries, tariffs only indirectly impact banks

Nuveen Strategic Income Fund, FCBYX

Dist Rate = 6.51%; YTD performance 2.17%; Duration = 4.31yrs

Our Strategic Income strategy is the best representation of Nuveen’s global fixed income platform. This strategy offers diversified and strategic access to the core and plus sectors of the fixed income market and allows us to showcase our credit specialist model to express our high conviction ideas for the benefit of our clients.
We have a long history of achieving strong results for our clients in these asset classes.

Alternatives:

With the Schwab platform, you have access to Private Alternative investments to diversify portfolios for your HNW clients. Andrew Abe, your dedicated Nuveen Alternative specialist, is excellent to leverage on why to utilize within your portfolios.

We have options across Private RE, Private Credit, Farmland, and more. Our Interval Funds within HY Munis and CLOs will ticket like mutual funds for easy adoption.

TIAA and the General account invest alongside you and your clients. Passing down institutional like fee structures for retail clients.

https://www.nuveen.com/en-us/investments/alternatives

Eric is a Market Leader and his background includes representing multiple asset classes and investment vehicle types including mutual funds, separately managed accounts, ETFs, and private placements.

From 2006 through 2020 Eric worked for Natixis Investment Managers based in Boston, MA. In 2008, he became a Managing Regional Director at Natixis in the advisory channel responsible for sales in the Midwest Region based in Minneapolis, MN. In 2016, he became a Managing Director and his calling charter expanded to include RIA’s and IBD’s in addition to Wirehouse firms. In March of 2020, Eric joined 1251 Capital Diffractive Managers Group, a private financial services holding company building out a multi boutique affiliate model. As Regional President for the Central Region he spent the several years representing their growing line up of affiliate managers, building out a sales team, and helping to shape their product line up and strategy.

Eric graduated with a B.A. in Economics and Finance from Bentley University in Waltham, MA.Eric graduated with a B.A. in Economics and Finance from Bentley University in Waltham, MA.

As part of Nuveen’s Advisor Education team, Jim develops and delivers
intellectual capital designed to help financial professionals and practices
deepen client relationships and grow their businesses. He joined Nuveen
in 2011 and has more than 25 years of experience in financial services
and product development. His areas of expertise include taxation, family
wealth planning, advisor practice management, and investor education.

Prior to joining Nuveen, Jim was general manager of Ameriprise
Personal Trust Services. Previously, he served in multiple roles focused
on the development of financial advisory products and services. In
addition to presenting virtually and in person to audiences of all sizes,
Jim is a lecturer and frequent speaker at national and international
conferences, where he is often called on to demonstrate unique ways to
put wealth management concepts into action.

Jim currently serves on the Northern Regional Council for the American
Cancer Society. He holds a B.A. from Augsburg University and a J.D.
from Vanderbilt University School of Law.

Eric Foster, CIMA®

Presentation and Supplimental Materials

Summit Recap

Bio

James Bergeron, J.D.

Bio