Manning & Napier Inc was incorporated in June 22, 2011. It is an independent investment management firm that provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds. It offers equity and fixed income portfolios as well as a range of blended asset portfolios, such as life cycle funds, that use a mix of stocks and bonds. The Company serves a diversified client base of high net worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. It has focused on developing an internal organization of specialists to provide additional consultative services beyond investment management, which helps it build close relationships with its clients through multiple service touch points and a solutions-oriented approach. The Company's operations are based in the United States. It relies on a team-based investment approach and a robust investment process that has resulted in consistent returns over time that are well in excess of market benchmarks. It has a company-wide culture of product innovation that is designed to anticipate the needs of the clients it serves. It has a track record of superior long-term investment returns across its key portfolios relative to its competitors and the relevant benchmarks.