In today's rapidly evolving financial marketplace, it is essential that we have accurate, timely and complete information on the financial position of each of our clients. Pershing LLC, a subsidiary of the Bank of New York Mellon Corporation, has developed Portfolio Evaluation Service (PES). This service offers support for tax-lot accounting and performance measurement, which has been utilized by Cheevers, Hand and Angeline, LLC to assist client in managing and evaluating their portfolios.

Portfolio Management Overview

1. Detailed tax-lot information for all currently held positions.

2. A complete schedule of realized gains and losses for the current year-to-date and the prior calendar year.

3. Performance detail at the account level as well as by assets category.

4. Performance history information across all accounts, sorted by investment professional.

5. Detailed analysis of fixed income holdings including original and adjusted cost basis, ratings, next call feature and yield to maturity.

6. Maturity schedule of all bonds by account or by investment professional

7. Daily maintenance of over 60 benchmarked indices, against which you can monitor the performance of your accounts

8. Monthly statements reporting unrealized gain/loss of your portfolio

9. Quarterly statements displaying realized gain/loss information year-to-date