This Brochure describes the investment advisory, financial planning and family office services offered by the Rockefeller Global Family Office (the “Global Family Office”), a division of Rockefeller & Co. LLC (“Rockefeller & Co.”) serving the needs of ultra-high net worth and high net worth individuals, their families, family offices and related entities like trusts, estates, endowments and foundations, as well as pension and profit sharing plans, charitable organizations, corporations and other business entities, sovereign nations and certain non-U.S. individuals and entities. The Global Family Office also acts as sub- adviser to U.S. and non-U.S. investment advisers, including firms that manage investments on behalf of variable life insurance policies, variable annuity policies and other variable contracts. Clients receive personalized investment advice and guidance from their Global Family Office private advisor (“Private Advisor”), who is supported by other professionals within the Global Family Office and its affiliates. Rockefeller & Co. and its affiliates offer additional investment advisory services which are not described in this Brochure. Specifically, Rockefeller & Co. offers investment management services through a separate division, Rockefeller Asset Management (“RAM”). Additionally, Rockefeller & Co.’s affiliate, Rockefeller Financial, LLC (“Rockefeller Financial”), offers investment advisory services to its clients and sponsors a wrap fee platform in its capacity as a dually registered investment adviser and broker-dealer. Separate brochures describing the asset management services offered by RAM and the investment advisory services and wrap fee program offered by Rockefeller Financial are available on the SEC’s website at www.adviserinfo.sec.gov or may be obtained by contacting us by email at RCM.FormADV@rockco.com. Firm Overview The Global Family Office is a division of Rockefeller & Co., which is a Delaware limited liability company that is registered with the U.S. Securities and Exchange Commission (the “SEC”) as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). The firm also conducts business under the name Rockefeller Capital Management and Rockefeller Global Family Office. Rockefeller & Co.’s history, through its predecessors, dates to 1882 when John D. Rockefeller established a New York office to manage the Rockefeller family’s investment, personal, and philanthropic interests. Rockefeller & Co.’s immediate predecessor, Rockefeller & Co., Inc. was incorporated in 1979 and in 1980 registered with the SEC as an investment adviser under the Advisers Act. Rockefeller & Co. is now an indirect, wholly owned subsidiary of Rockefeller Capital Management L.P. Rockefeller Capital Management L.P. was established on March 1, 2018, when Gregory J. Fleming, together with investment funds affiliated with Viking Global Investors, L.P. (“Viking”), acquired the investment advisory and trust company businesses established by the Rockefeller family. Investment funds affiliated with Viking own a greater than 75% economic interest in Rockefeller Capital Management L.P. The remaining economic interests are owned in part by a trust representing the broader Rockefeller family and in part by the firm’s management. Please refer to Schedule A of Rockefeller & Co.’s Form ADV Part 1A for additional information about the ownership of the firm. Rockefeller Capital Management L.P.’s operating subsidiaries include: Rockefeller & Co. an investment adviser registered with the SEC providing investment advisory and family office services through its Global Family Office division and investment management services through its RAM division; Rockefeller Asset Management International Ltd. (“RAM International”), a UK limited company performing non-US distribution and investor servicing activities for RAM; Rockefeller Financial, a broker-dealer and investment adviser registered with the SEC providing private wealth management services, securities services and strategic advice; Rockefeller Trust Company, N.A., a national trust bank regulated by the Office of the Comptroller of the Currency (“RTC NA”) and The Rockefeller Trust Company (Delaware), a limited purpose trust company regulated by the State Bank Commissioner of the State of Delaware (“RTC Delaware”), both of which provide fiduciary services acting either as a trustee, co-trustee, executor, co-executor, or as a fiduciary or agent for other fiduciary relationships; Rockefeller Strategic Services LLC (“Rockefeller Strategic Services”), which provides strategic advisory services with respect to certain types of business transactions not requiring registration in the U.S. as a broker dealer; and Rockefeller Capital Management Insurance Services, LLC (“RCM Insurance Services”), an insurance company licensed in all 50 states that provides access to a broad range of personal insurance expertise and services through multiple national providers to enable effective estate planning, asset protection or other key wealth management planning strategies and priorities. Unless otherwise specified, references herein to “clients” or “you” refer to advisory clients of the Global Family Office and the descriptions of investment advisory and family office services and business practices in this Brochure refer to those of the Global Family Office and not to the advisory services and business practices of RAM or of other affiliates, including Rockefeller Financial, RTC NA, RTC Delaware, Rockefeller Strategic Services and RCM Insurance Services. Investment Advisory Services The Global Family Office makes available discretionary and non- discretionary investment advisory services to advisory clients of the firm across a broad range of asset classes and investments as described below. The scope of services can vary depending on the needs of the client.
• Discretionary Advisory Services: The Global Family Office has full discretionary authority to make investments in a client’s account in a manner consistent with agreed upon investment objectives and reasonable restrictions for the particular client account. We have the authority to determine, without obtaining specific client consent, the securities to be bought or sold and/or managed strategies to be invested in/divested of, and the amount of the securities to be bought or sold and/or managed strategies to be invested in/divested of.
• Non-Discretionary Advisory Services: Clients engage the Global Family Office to advise on their investments, but the Global Family Office must obtain client consent prior to funding, liquidating and effecting securities transactions in their managed non-discretionary accounts. Please refer to Item 16 for further information about the different types of advisory services available to clients. Our investment advisory process generally begins by Private Advisors helping clients define their goals, objectives, and risk tolerances. Once these investment parameters are agreed upon, your Private Advisor will develop or refine, in consultation with you, an asset allocation framework, provide strategic and tactical asset allocation advice based upon this framework, subject to any reasonable guidelines and restrictions agreed upon in writing with you, and provide you with recommendations on a variety of products, which may include, equity securities and fixed income products, investment managers, mutual funds, exchange traded funds and alternative investments including but not limited to structured products and variable annuities. You will receive account statements to help inform and ensure that the products and services are in line with your investment parameters. While we offer an extensive list of investment options and strategies, the offerings are limited to those approved for sale or recommendations at the firm. We do not offer or recommend every investment manager, investment or strategy available in the industry. Investment managers that Private Advisors may recommend include both firms unaffiliated with the Global Family Office and affiliated firms such as RAM, a division of Rockefeller & Co. Please see Item 11 – Conflicts of Interest below for a more comprehensive discussion of the conflicts associated with Affiliated Investment Products (as defined below). You are encouraged to, and are responsible for, promptly notifying your Private Advisor in writing of any material changes in your objectives or financial situations. You may obtain information about your Private Advisor, their licenses, educational background, employment history, and disciplinary actions with regulators in their Form ADV Part 2B and through FINRA BrokerCheck, available at https://brokercheck.finra.org or from the Securities and Exchange Commission at www.adviserinfo.sec.gov. Some of our Private Advisors hold professional educational credentials, such as the Certified Financial Planner (CFP) and Chartered Financial Analyst (CFA) designations. Holding a professional designation typically indicates that a Private Advisor has completed certain courses or continuing education. However, a Private Advisor’s professional designation does not change the obligations of the Global Family Office in providing investment advisory services to you. It is important to understand that the investment advisory services, family office services and executive benefits services the Global Family Office makes available to clients are separate and distinct from services and products offered by our affiliates (including RAM, unless pursuant to legacy arrangements whereby a client receives RAM’s investment management services under their client agreement with the Global Family Office as described below), and that our affiliated services and products which you may use may be governed by different laws and separate contractual arrangements between you and Rockefeller & Co. or its affiliates. The specific services or investment strategies that the Global Family Office provides to you, our relationship with you and our legal duties to you are described in detail in our contracts with you. When we act as your investment adviser, we typically receive fees calculated on a percentage of assets in your account (as discussed in more detail below). Accordingly, we and our Private Advisors typically earn more when you invest more in your advisory account, and we earn the same advisory fee rate regardless of how frequently you trade. We and/or our affiliates also receive payments and other benefits from third parties, including from the sponsors of investment products in which you invest and from certain custodians with whom we have a business relationship. This creates an incentive for us to recommend that you increase the assets in your advisory accounts to increase our fees, invest in investment products or use services that result in greater compensation to us or our affiliates or provide other benefits to us and/or our affiliates (including products and services provided by us and our affiliates or those for which we receive a portion of product-level fees that you pay). Certain of our Private Advisors are also registered representatives of our affiliated broker-dealer, Rockefeller Financial (each, a “Registered Representative”). If you enter into a brokerage arrangement with Rockefeller Financial, our affiliate is compensated by the commissions and fees you pay to it as well as through the revenue it may receive from third parties that include the sponsors of investment products held in your brokerage account. Registered Representatives are eligible to receive commissions from Rockefeller Financial in connection with client brokerage transactions. This compensation structure creates an incentive for Registered Representatives to recommend investments in brokerage accounts that may result in greater compensation than would be the case if held in an advisory account or to recommend that you trade frequently in a brokerage account. In addition, this compensation structure creates an incentive for Rockefeller Financial to offer products and services that we or our affiliates create, offer products and services from companies that offer revenue to our affiliates, and route trades to Rockefeller Financial for execution. Brokerage account services may be more appropriate than investment advisory services if you do not want ongoing investment advice or management of your account, but instead desire only periodic or on-demand recommendations and/or wish to pay transaction-based compensation for those trades that you authorize Rockefeller Financial to make on your behalf. By utilizing brokerage account services of Rockefeller Financial, you will be electing to have a relationship with Rockefeller Financial under which, on a transaction-by-transaction basis, your Registered Representative will assist you and give you recommendations which are suitable for your account and in your best interest based on information you provide to us. This is in contrast to an advisory relationship in which we manage your account assets on a discretionary or non-discretionary basis and monitor your account in our capacity as an investment adviser. For more information about Rockefeller Financial’s brokerage services, benefits, risks, conflicts and costs, please see the Rockefeller Financial LLC Client Relationship Brochure which is available on our website (www.rockco.com) or upon request from your Registered Representative. Private Advisors who are also Registered Representatives of Rockefeller Financial may place transactions for their discretionary accounts prior to soliciting the same securities in their non-discretionary advisory and brokerage client accounts. Please see Item 5 – Fees and Compensation and Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading for additional information regarding associated conflicts of interest. Types of Investment Advisory Programs Investment advisory services delivered by the Global Family Office will generally be provided using the Rockefeller Private Wealth Advisory Program (“RPWA Platform”), a wrap fee program sponsored by Rockefeller Financial. Clients will receive tailored investment advisory services from their Private Advisor utilizing the RPWA Platform which offers a wide variety of investment options and robust reporting and technology capabilities. Historically the Global Family Office has offered its advisory services through an unbundled arrangement where clients pay an advisory fee to the Global Family Office, custody fees to their custodian, brokerage fees to brokers utilized to execute securities transactions and other investment related expenses (the “Legacy Platform”). The Global Family Office has clients who receive investment advisory services under the Legacy Platform, and the Global Family Office will generally make this platform available to clients upon request.
• Rockefeller Private Wealth Advisory Program (RPWA Platform): We provide personalized investment advice and guidance to clients utilizing the investment options and capabilities of the RPWA Platform, a wrap fee program sponsored by our affiliate Rockefeller Financial. Under this arrangement, our advisory clients pay either a fixed fee or a fee calculated on a percentage of assets to the Global Family Office to cover the investment advice we provide as well as the trade execution services, administrative expenses, and other fees and expenses typically charged by Rockefeller Financial under the RPWA Platform. A portion of this fee is then paid to Rockefeller Financial as compensation for providing these services. Investment management fees payable to investment managers (including RAM) utilized in the client’s portfolio are additional charges to the client. Certain investment managers may elect to “trade away” from the RPWA Platform for best execution reasons, in which case clients utilizing such investment managers will bear brokerage commissions in addition to the wrap platform fee. Clients accessing investment managers through mutual funds and other investment vehicles will bear the fees and expenses charged by such funds and vehicles. Additional information about the RPWA Platform, such as the fees and expenses that clients bear under the platform, is provided in the Rockefeller Private Wealth Advisor Platform Wrap Fee Brochure (the “Wrap Brochure”). A copy of the Wrap Brochure is available on the SEC’s Investment Adviser Public Disclosure website (www.adviserinfo.sec.gov) and will be delivered by the Global Family Office to clients who receive advisory services from us under this program.
• Legacy Platform: Clients receiving personalized investment advice and guidance under an unbundled arrangement pay an investment advisory fee to the Global Family Office and are separately charged custody fees by their custodian and brokerage services fees for transactions executed by broker-dealers for their account and other investment related expenses. Investment management fees payable to investment managers, including RAM, utilized in the client’s portfolio are additional charges to the client (except in the case of clients subject to historic fee schedules where the fee charged covers both the investment advisory services provided by the Global Family Office and investment management services provided by RAM as described in Item 5 below.) Clients accessing investment managers through mutual funds and other investment vehicles will bear the fees and expenses charged by such funds and vehicles in addition to the advisory fees they pay to the Global Family Office. The Global Family Office has certain business arrangements in place with unaffiliated third party banks and broker-dealers to serve as the qualified custodian for client accounts, including FNZ Trust Company LLC (formerly State Street Bank & Trust Company), JP Morgan Private Bank, Northern Trust, Charles Schwab & Co., Inc., TD Ameritrade and affiliates of Associated Banc-Corp, and will typically suggest that clients who receive our advisory services through the Legacy Platform consider utilizing one of these firms for custody services. Additional information about the Global Family Office’s business arrangements with these qualified custodians is provided below in Item 11, Item 12, Item 14 and Item 17. In addition to differences in the manner in which fees are charged to clients (as described above), there are differences between the products and services available to clients on the RPWA Platform and the Legacy Platform. For example, the RPWA Platform offers investment options, services, and online access capabilities which are not available under the Legacy Platform. Private Advisors can assist clients in understanding these differences and in determining which arrangement is better suited to their needs. The Global Family Office and its Private Advisors have a financial incentive to recommend the RPWA Platform to clients because it will increase revenue to its affiliate, Rockefeller Financial, and potentially to themselves under their compensation arrangements with the Global Family Office and Rockefeller Financial. Please see Item 11 – Conflicts of Interest below for a more comprehensive discussion of the conflicts associated with use of the

RPWA Platform and other services offered by the Global Family Office and its affiliates. Additional information about the services available through the RPWA Platform is provided in its Wrap Brochure. Investment Consulting Services The Global Family Office offers non-discretionary investment consulting services to clients. Under this type of arrangement, your Private Advisor provides investment advice on a non- discretionary basis, including asset allocation, specific investment buy and sell recommendations, financial planning and other investment advice and analyses. The Global Family Office will collect certain information from you to assist in recommending and providing the non-discretionary advisory services at the initiation of services and periodically thereafter. You should provide prompt notice to the Global Family Office of any change in your investment objectives, risk tolerance, time horizon, financial horizon, financial information, liquidity needs, and other suitability factors, which could materially change the information previously provided by you and which you expect should be used by us to provide ongoing advice. The Global Family Office does not have discretionary authority over client assets in investment consulting accounts. Clients have sole discretion to accept or reject any investment advice or strategy or any specific recommendation to purchase or sell an individual investment. Clients are also responsible for implementing, or arranging for the implementation, any advice given by the Global Family Office, and to pay any applicable commissions, charges, trails, and other account, brokerage, or custody fees directly to their chosen custodian and other providers. You may make investment-related decisions contrary to the advice provided or make your own decisions without the benefit of our advice. However, if you decide to repeatedly disregard our investment advice, your account may be better suited to a brokerage relationship in which you pay brokerage commissions or other transaction-based compensation instead of ongoing investment advisory fees. Executive Benefit Services Under these types of investment consulting arrangements, the Global Family Office may contract with an employer who, as part of that employer’s employee benefits package, engages the Global Family Office to provide certain financial planning services to the employer’s executives. The fees for such services are either paid by the employer or by the employee. Rockefeller Retirement Plan Investment and Consulting Services The Global Family Office offers services to plan sponsors and other named fiduciaries (“Plan Sponsors”) of trustee directed and participant directed retirement plans some of which are subject to the Employee Retirement Income Security Act ("ERISA") (each, a “Plan”). We also provide nondiscretionary investment advisory services to sponsor clients, which services encompass (1) Non-Discretionary Investment Advisory Services and/or (2) Retirement Plan Consulting Services to employer- sponsored retirement plans and their participants. Depending on the type of the Plan and the specific arrangement with the Plan Sponsor, we may provide one or more of the below described services. Prior to being engaged by the Plan Sponsor, we will provide our Retirement Plan Investment Consulting Services Client Agreement ("Retirement Plan Agreement") that contains the information required under Sec. 408(b)(2) of ERISA as applicable. The Global Family Office does not have discretion nor any authority over the Plan’s documents or in implementing any aspect of the Plan’s investment program. It is the Sponsor’s responsibility to adhere to the IPS in managing its Retirement Plan and the menu of investment options made available to Plan participants. We will collect certain information from you to assist in recommending and providing the services selected at the initiation of services and periodically thereafter. You should provide prompt written notice to the Global Family Office of any change in Plan Sponsor information and any change in the Plan’s investment objectives, guidelines, or similar information, which could materially change the information previously provided by you and which you expect should be used by us to provide any advice. (1) Non-Discretionary Investment Advisory Services The Global Family Office provides non-discretionary investment advisory services to Plan Sponsor clients with respect to investments or other assets held at one or more third party custodians. These services are designed to allow the Plan Sponsor to retain full discretionary authority or control over assets of the Plan. We will solely be making recommendations to the Plan Sponsor. We will perform these non-discretionary investment advisory services through our Private Advisors and charge fees as described in this Form ADV and our Retirement Plan Agreement with you. If the Plan is covered by ERISA, we will perform these investment advisory services to the Plan as a “fiduciary” defined under ERISA Section 3(21). The Plan Sponsor may engage us to perform one or more of the following non-discretionary investment advisory services to the Plan:
• Advice regarding establishing an investment policy statement (“IPS”)
• Advice regarding selection of designated investment alternatives (“DIAs”)
• Advice regarding selection of third-party advisors and/or managers
• Advice regarding selection of qualified default investment alternative (“QDIA(s)”)
• Advice regarding investment of trust funds (2) Retirement Plan Investment Consulting Services The Global Family Office’s Retirement Plan Consulting Services are designed to allow our Private Advisors to assist the Plan Sponsor in meeting its fiduciary duties to administer the Plan in the best interests of the Plan participants and their beneficiaries. Retirement Plan Consulting Services are performed so that they would not be considered “investment advice” under ERISA. The Plan Sponsor may elect for our Private Advisors to assist with a number of Retirement Plan Consulting Services related to administrative support, service provider support, investment monitoring support and participant services. Depending on the specific client needs, services can range from assisting plan fiduciaries with committee policies/procedures, fiduciary education, and assistance with covered services providers. Additionally, services may include assisting the plan committee with monitoring investment performance and assistance with participant enrollment meetings and participant investment education. Potential Additional Retirement Services Provided Outside of the Retirement Plan Agreement In providing services for retirement plans, including Plans, the Global Family Office may establish a separate client relationship with one or more Plan participants or beneficiaries. Such separate client relationships develop in various ways, including, without limitation:
• as a result of a decision by the Plan participant or beneficiary to purchase services from us not involving the use of Plan assets;
• as part of an individual or family financial plan for which any specific recommendations concerning the allocation of assets or investment recommendations relating to assets held outside of the Plan; or
• through a rollover of an Individual Retirement Account ("IRA Rollover"). If we are providing services to Plan participants or beneficiaries separate from our providing services for their Plans as part of our Retirement Plan Services, we will do so through a separate agreement. If a Plan participant or beneficiary desires to affect an IRA Rollover from the Plan to an account advised or managed by the Global Family Office, the Private Advisor will have a conflict of interest if his/her fees in connection with providing services to such participant or beneficiary are reasonably expected to be higher than those we would otherwise receive in connection with the Retirement Plan Services. If a Plan participant or beneficiary desires to affect an IRA Rollover from the Plan to an account advised or managed by the Global Family Office, we and your Private Advisor will earn compensation on those assets, for example, through Client Fees based on the assets in your account, and third-party payments disclosed in this Brochure. This creates an incentive for us to recommend and encourage the rollover of assets from the Plan to us. We mitigate these conflicts by disclosing them and by establishing policies and procedures, and risk-based supervision to review these securities recommendations. The fees charged for an IRA likely will be higher than those paid through the Plan, and there can be other fees, including IRA termination fees. If the Global Family Office or a Private Advisor recommends moving retirement assets to the Global Family Office, he or she is required to consider, based on the information you provide, whether you will be giving up certain investment-related benefits at the Plan or other financial institution, such as the effects of breakpoints, rights of accumulation, and index annuity caps, and has determined that the recommendation is in your best interest for these reasons:
• Greater services and/or other benefits (including holistic advice and planning) can be achieved with the IRA;
• Consolidation of assets and availability of consolidated statements and performance reports would be beneficial to you; and
• The costs associated with the IRA are justified by these services and benefits. The Private Advisor will disclose information about the applicable fees charged by the Global Family Office in connection with such IRA Rollover prior to opening an IRA account. Any decision to effect a rollover or about what to do with the rollover assets remain that of the Plan participant or beneficiary alone. In providing these optional services, we may offer participants and beneficiaries information on other financial and retirement products or services offered by the Global Family Office and our affiliates. Family Office Services Clients may also engage the Global Family Office for all or some of the family office services described below. Certain of these services are also made available to clients of Rockefeller Financial.
• Investment Planning: Asset allocation design and recommended implementation. Investment administration. Performance reporting. Alternative investment planning (private equity, real estate, and hedge funds). Coordination of multiple investment relationships and advisors.
• Trustee Services and Estate Planning: Sophisticated wealth transfer planning. Summary and analysis of estate plan. Testamentary document reviews and tailored advice regarding estate planning documents. GRATs, LLCs and other estate freeze techniques. Family education on basic and advanced concepts.
• Philanthropy Advisory: Foundation formation and administration. Donor advised fund planning. Use of appreciated securities for charitable purposes. Pledge design and maintenance.
• Insurance Advisory: Ongoing planning and analysis of life, health, disability and property and casualty insurance. Evaluation of overall risk issues.
• Multi-Generational Financial Planning: Unified financial snapshot, education planning, family educational meetings, and many other topics.
• Bill Payment and Activity Reporting: Bill payment and payroll services for client and related entities (e.g., individuals, foundation, corporations, LLCs, partnerships, trusts).
• Cash Flow Management and Budgeting: Long-term and short-term cash flow planning and analysis. Cash flow projections. Expense forecasting and budgeting. Ongoing review of net free cash flow.
• Tax Planning and Preparation: Preparation of family individual income and gift tax returns. Preparation of partnership, trust, and foundation returns. Income tax planning based on multi-year projections with the goal of minimizing tax liabilities. Charitable, tax loss, investment interest expense and multi-state tax planning. Account Opening Process In order for the Global Family Office to be your investment adviser, clients must execute an investment advisory agreement or investment consulting agreement with Rockefeller & Co. and, if receiving family office services, a separate family office services agreement (each, a “Client Agreement”). Each Client Agreement sets forth the terms upon which investment advisory services, investment consulting services and/or family office services will be provided to the Client. Rockefeller & Co. does not custody client funds and/or securities on behalf of Global Family Office clients. Client assets will be maintained with banks or broker-dealers that serve as custodians of the funds and/or securities of the firm’s clients (the “Custodian”). Available Service Features Customized Advisory Services and Client Restrictions As discussed above, the Global Family Office will tailor its advisory services to the individual needs of clients in accordance with the investment mandate for the account and the investment options available through the RPWM Platform or the Legacy Platform. Clients should communicate to their respective Private Advisor in writing any changes in the client’s financial situation or investment objectives. Clients may impose reasonable investment restrictions on the management of their accounts which, if accepted by the Global Family Office in writing, will apply until changed or withdrawn by the client or until the Global Family Office determines that the restriction is no longer reasonable or prevents the efficient management of the account. Client imposed investment restrictions will not apply to investments held through investments in mutual funds and other comingled investment vehicles, which have their own stated investment objectives and policies. We reserve the right to deem any proposed investment restriction to be unreasonable and to not accept the proposed investment restriction. If one or more investment restrictions is determined to be unreasonable, we may not be able to accept management of the account. If you elect to restrict investments, you accept any effect such restrictions may have on the investment performance and diversification of your portfolio. The performance of accounts with investment restrictions or screens will differ from, and may be lower than, the performance of accounts without such restrictions or screens. Affiliated Investment Products and Affiliated Services Providers The Global Family Office makes available to clients equity and fixed income strategies managed by RAM, a division of Rockefeller & Co. Clients may participate in these strategies through separately managed account arrangements, model delivery platforms, registered investment companies, private funds and offshore vehicles advised or sub-advised by RAM. Please refer to RAM’s Form ADV Part 2A for additional information about the investment strategies it makes available to clients and its business practices. From time to time the Global Family Office expects to make available and/or recommend to eligible clients certain private funds and other investment vehicles sponsored by Viking, which as described above has a controlling interest in Rockefeller Capital Management LP. The Global Family Office may also recommend the investment products sponsored by investment managers in which Rockefeller & Co. or its affiliates is a minority owner or has a profits interest in, such as Breakout Capital (as described in Item 11). In order to provide access to third party investment managers, including both traditional and alternative investments such as hedge funds, private equity funds, venture capital funds, etc. as well as direct private equity investments, Rockefeller & Co. establishes funds of funds and feeder vehicles to facilitate client investments in such opportunities. Information about the investment objective, investment program, fees, risk considerations and conflicts of interest, will be disclosed to clients in each fund’s confidential private offering memorandum or prospectus. Clients of the Global Family Office may be referred to affiliated companies for services, including but not limited to brokerage services from Rockefeller Financial, fiduciary services from RTC NA or RTC Delaware, strategic advisory services from Rockefeller Strategic Services or Rockefeller Financial, and insurance products from RCM Insurance Services. Use of investment strategies, investment funds and other investment products managed by Rockefeller & Co., including its RAM division (“Affiliated Investment Products”), Viking and Breakout Capital, as well as services offered by affiliates of the Global Family Office (collectively, “Affiliated Service Providers”) raises conflicts of interest between the Global Family Office and its clients. Please see Item 11 – Conflicts of Interest below for a more comprehensive discussion of the conflicts associated with Affiliated Investment Products. Financial Planning Reports and Analysis The Global Family Office will provide clients who receive comprehensive Global Family Office Services and other clients who engage the firm for financial planning services, reports and/or analysis on one or more financial planning topics, including cash flows, income needs, asset allocation, retirement and life insurance assessments, charitable giving, estate and wealth transfer, and business succession. The Global Family Office may provide financial planning reports or analyses to clients, including: (1) on a one-time or annual fee basis, either at a fixed dollar amount, hourly rate, or on a percentage of assets covered in the reports, or a combination of those methods, or (2) without a separate charge as part of the overall services provided to a client. In addition, the Global Family Office also offers financial planning as a component of the Global Family Office Counseling program for which clients pay a bundled fee. Please refer to Item 5 for additional information about the fees charged for financial planning as well as the Global Family Office Counseling service. The reports and analysis are for informational purposes only and are based upon information provided by participating clients and provide broad, general guidelines on the advantages of certain financial planning concepts. The reports and analysis do not constitute a recommendation of any particular technique or of any particular investment. The reports and analysis do not provide on-going investment advice and are current only as of the date of each respective report. It is each client’s responsibility to determine what action, if any, you wish to take based on the information provided, and you are not required to transact business with us if you choose to implement any aspects of a report. If requested, the Global Family Office will only act upon your specific instructions. Certain reports and analyses may provide projections based on various assumptions and are therefore hypothetical in nature and not a guarantee of investment returns. Regulatory Assets Under Management As of December 31, 2022, Rockefeller & Co.’s regulatory assets under management were:
• Regulatory Assets under Management: $22,661,080,363
• Discretionary Assets: $20,066,555,373
• Non-Discretionary Assets: $2,594,524,990 The firm’s regulatory assets under management comprise assets managed by both the RAM and Global Family Office divisions of Rockefeller & Co.