TYPES OF CLIENTS
With respect to the Program, we provide advisory services to clients which include but are not limited to: individuals,
corporations, institutions, certain retirement plans and trusts. Certain account types may not be appropriate for the Program.
If you or your Financial Professional has questions about whether your account type is appropriate for the Program, please
contact Curian Client Services at 1-877-847-4143.
ITEM 6. PORTFOLIO MANAGER SELECTION AND EVALUATION
Our Asset Management Group manages the Model Portfolios and is the sole portfolio manager to the Program. The Asset
Management Group is comprised of Curian Capital employees who are selected based on their experience and other relevant
criteria. Third party managers are selected to assist with the management of certain investment strategies within the Model
Portfolios.
The Investment Policy Committee approves, monitors, and reviews performance of the investment strategies and the third
party managers. Prior to recommending a new third party manager to the Investment Policy Committee for the Custom
Portfolios, our Asset Management Group conducts a review of the proposed third party manager with assistance from our
third party institutional consultant. Factors considered in the selection and ongoing review of the third party managers
include, but are not limited to, performance, performance relative to peers and/or benchmark(s), investment style or process,
portfolio characteristics, risk measures, and style trends. Our third party institutional consultant maintains a proprietary
database and historical information regarding third party managers. Such information is made available to our Asset
Management Group.
We may contract with additional third party managers to assist with the management of the same or competing investment
strategies as our current third party managers. As a result, one or more third party managers may assist with the
management of an investment strategy that is included in your Model Portfolio, and the performance and holdings of your
Model Portfolio may differ from a Model Portfolio that includes similar strategies managed by a different third party manager.
As noted above, we intend to continue offering the Model Portfolios in the Program pending our anticipated exit of the advisory
business. However, some third party managers that assist in managing specific investment strategies within the Model
Portfolios may decide to terminate their participation in the Program before we exit the advisory business. At that time, we
may be unable to replace these managers with managers offering a similar strategy. Also, we may no longer be able to offer
certain mutual funds if a fund’s distributor terminates its agreement with Clearing. We may also determine that a third party
manager is no longer appropriate for inclusion in your Model Portfolio. We may replace a third party manager with an
alternative investment (including a mutual fund or ETF with a similar benchmark) for a variety of reasons, including but not
limited to performance measures relative to peers and benchmark(s), changes to key personnel, changes to investment style
or process, and/or underlying liquidity or other similar considerations. If we replace a third party manager included in your
Model Portfolio, we will promptly notify your Financial Professional of such replacement.
We may also amend or discontinue existing strategies based on a variety of factors, including but not limited to declining
client assets invested in the strategy; third party manager performance, organizational changes, or other factors; or our
anticipated time to exit the advisory business. We may replace an existing third party manager with a different third party
manager, assume responsibility for management of the strategy (or an amended replacement strategy) itself, or seek to
replicate the strategy with other investments, including unaffiliated mutual funds or ETFs. Further, we may replace one or
all of the Curian Funds with an alternative investment (including an ETF with a similar benchmark) as assets in the Funds
decline pending our exit from the Advisory business. In addition, in light of transaction costs, timing, and other similar
considerations, we may determine that it is in the best interest of your account to hold such assets in cash pending the close
of the Program. Finally, the changes listed above may increase cause temporary deviations from your stated investment
objectives during the process of repositioning your account holdings. Any such changes in strategy would not impact your
Total Program Fee.
Curian Capital, LLC – A Registered Investment Advisor 20
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Wrap Fee Brochure
ITEM 7. CLIENT INFORMATION PROVIDED TO PORTFOLIO MANAGERS
Your Financial Professional collects information about you and furnishes it to us, and we then make that information
available to our Asset Management Group. No specific information about you is furnished to the third party managers
responsible for assisting with the management of certain strategies used in your Model Portfolio.
ITEM 8. CLIENT CONTACT WITH PORTFOLIO MANAGERS
Our Asset Management Group is available to you for consultations regarding any of the third party managers through
our principal office at 7601 Technology Way, Denver, Colorado 80237, telephone 1-877-847-4192.
ITEM 9. ADDITIONAL INFORMATION