Placemark Investments

Homrich & Berg Launches Multi-Manager Separate Account Strategy With Placemark Investments as Overlay Manager

DALLAS and WELLESLEY, MA, Mar. 27, 2006 – Homrich & Berg, one of the largest independent registered investment advisers in the US, and Placemark Investments, the investment industry’s leading overlay manager, are pleased to announce the launch of a multi-manager separate account strategy created to serve the needs of Homrich & Berg’s high-net-worth clients, which have approximately $1.2 billion in assets under management invested with the firm.

Homrich & Berg intends to use the new multi-manager portfolios as the primary domestic equity investment vehicle for its clients, complementing the program with private equity, hedge funds, and other products the firm uses to deliver holistic investment solutions.

“Placemark has quickly helped us bring this important project to fruition after two years of planning,” said Mark Rogozinski, Chief Operating Officer of Atlanta-based Homrich & Berg. “We’ve grown our firm by focusing on innovative investment strategies and big-picture planning, and our new diversified separate account program permits us to create portfolios utilizing our preferred investment managers, while also delivering significant value by customizing individual portfolios based on each client’s tax and risk characteristics.”

Placemark, operating from offices in Dallas, and Wellesley, MA, will act as the overlay manager to the new Homrich & Berg program, executing all portfolio trades and implementing all features based on Homrich & Berg’s detailed knowledge of its clients. Homrich & Berg is one of the largest independent registered investment advisers (RIAs) in the US, serving over 350 high-net-worth clients in approximately 29 states. The SEC-registered adviser, founded in 1989, is a privately held company that employs 42 people and provides fee-only wealth management services to its clients.

“The multi-manager separate account platform allows us to deliver a highly customized core equity solution, while we continue to use other investment classes and products to improve diversification and seek greater alpha,” said Stephanie Lang, Senior Investment Analyst at Homrich & Berg. “Placemark’s ability to provide analysis and efficient transition services for clients with complex tax requirements will also allow us to deliver superior services.”

“We’re pleased to offer overlay services to Homrich & Berg and its clients,” said Lee Chertavian, Chairman and Chief Executive Officer of Placemark Investments. “We’ve received many inquiries from RIAs regarding our services, and feel that the use of open-architecture multi-manager separate account portfolios will become the preferred means of delivering quality investment solutions to the high-net-worth marketplace in the coming years.”

Placemark will operate the back office and administrative functions for the new Homrich & Berg program. Homrich & Berg is responsible for all research and product selection, and has pre-configured a series of asset allocation models incorporating the portfolios of industry-leading investment managers for the program, including many that are already working with Placemark. The minimum account size for the new Homrich & Berg program will be $250,000, though the average account should be greater than $500,000.

About Homrich & Berg
Homrich & Berg, Inc., founded in 1989, provides fee-only financial planning and investment advisory services to high net worth individuals and families. Homrich & Berg does not accept commissions. Atlanta-based Homrich & Berg is a privately held SEC-registered investment adviser serving over 350 clients in 29 US states, overseeing approximately $1.2 billion in assets under management. For more information, please visit the company’s website at www.homrich-berg.com.