Ann S. McCorkindale, Chief Investment Officer Cara Miller, Senior Financial Advisor, South Dakota, Wyoming and Western Nebraska

 Their retirement account is recovering  They are focusing on achieving their Retirement goals  They are refining & redefining their needs  Yearly distributions  Life expectancy  Social Security Benefits  Health Insurance  Long Term Care  Retirement  Wealth transfer  Charitable bequests

 Expected Growth Rates  Expected Yields  Asset Allocation Decisions

 Anticipated Inflation Rate  Account Draw Schedule  One Time Expenses

 Rising Interest Rates  Rising Inflation  Rising Credit Concerns  Stock Market Volatility and Uncertainty

U.S. Treasury Yield Movement Source: U.S. Treasury.

Source (Top chart): U.S. Treasury, J.P. Morgan, J.P. Morgan Asset Management. Default rates are defined as the par value percentage of the total market trading at or below 50% of par value and include any chapter 11 filing, prepackaged filing or missed interest payments. Spreads indicated are benchmark rates over comparable Treasury yields. Source (Bottom chart): Barclays Capital, FactSet, J.P. Morgan Asset Management. Spreads indicated are benchmark rates over comparable maturity Treasury yields. High yield represented by the Barclays Capital High Yield Municipal Index, taxable bonds by the Barclays Capital Taxable Municipal Bond Index, revenue bonds by the Barclays Capital Revenue Bond Index and general obligation bonds by the Barclays Capital General Obligation Index. Tax-equivalent yield calculation assumes a 35% marginal tax rate. Past performance is not indicative of comparable future results. Data are as of 3/31/11.

Old Model New Model

Individual Stock Portfolio Data from Morningstar as of April 30, 2011 Individual Stock Portfolio Columbia Dividend Income GSFTX Wisdom Tree Equity Income DHS TTM Yield3.22%2.19%3.65% Avg. Net Expense Ratio0.80%0.38%- Holdings Ticker ABT Company TSM INTC MO KO GIS MCD DE XOM AT&T Abbott Labs Taiwan Semiconductor Intel Altria Coca-Cola General Mills McDonalds Exxon Mobil Deere T

183 Funds in Diversified Emerging Markets Category 27,642 Funds

 Category specific  At least a 3 year History  Manager Tenure at least 3 years  Expense ratio below category average  Peer performance in top 1/3 for  Last 1,3 & 5 year  Available NTF with no minimums and no redemption fees

What makes a 5 star fund a 5 star fund: 3 year old fund: 100% three-year rating 5-10 year old fund: 60% five-year rating 40% three year rating 10 year+ fund: 50% 10-year rating 30% five year rating 20% three year rating Rating

History has shown that fixed time periods are inadequate to examine a manager’s performance. 1/1/00-12/31/041/1/05-12/31/09 Source: Morningstar; Based on the Morningstar Large Value category over the entire 10-year period from 1/1/99 through 12/31/ % 25.2 % 13.5 % 25.2% Top Quartile Second Quartile Third Quartile Bottom Quartile Top Quartile Second Quartile Third Quartile Bottom Quartile No Longer Exist 11.3%

Top Fund Worst Fund In Order for 4/30/11:

 Dividend Paying stock portfolios  Passive government or municipal portfolios  SMA managers  Sector  Municipal  Dividend Paying  Stock - SRI  Tactical

Questions?