EFTA02462831.pdf

From: jeffrey E. <jeevacation@gmail.com> Sent: Wednesday, May 18, 2016 1:07 AM To: Jeff Brodsky Subject: Re: Proposal for Family Office Review for Leon Black Speak tomorw? On Tuesday, 17 May 2016, Jeff Brodsky < Jeff, Any thoughts or questions regarding our proposal? Best regards, Jeff From: Jeff Brodsky Sent: Thursday, May 12, 2016 1:02:13 AM To: jeffrey E. Cc: Bobby A Stover; Jon Carroll; Charlie.' Carr; Alan Greenwell Subject: Proposal for Family Office Review for Leon Black Jeff, > wrote:<=r> As we discussed, EY has a defined approach to help a=family office review and improve its operations. After discussing wi=h my team the information you shared with me, I'm attaching the fo=lowing items which describe our recommended approach: 1. =AO A sample Statement of Work for doing a diagnostic review of a=family office. This would be coupled with an Engagement Agreement between =Y and Leon's family office. Based on our initial discussions, we b=lieve the Phase I review would cost between $150,000 to $200,000 and would include our team of 4 professionals being o= site reviewing the family office systems, processes, etc. and conducting =nterviews over a period of 4 to 5 days, several follow-up phone calls, and=a final meeting to present the findings and initial recommendations of our report. Once we are able=to gain a better understanding of the family office we can provide a detai=ed work plan and timeline. 2. =AO Family Office Business Requirements Document and Sample Diagn=stic Report. The outcome of our review will be a Diagnostic Report. =ttached is a sample report that we use to describe the process to clients,=although the actual report is more detailed with findings and recommendations. We use the report to help outline=a Business Requirements document (see attached BRD Table of Contents) whic= defines the key performance indicators that drive EFTA_R1_01569579 EFTA02462831 the type of reporting t=at is to be developed for the key stakeholders and management of the family office. Each report is highly customize= to each family office based on its needs and key performance indicators.=C2 Please review the attached and let me know if you ha=e any questions. It might be helpful to schedule a call with myself and ot=er team members to provide additional insight regarding our approach. We are excited by this opportunity and look forward =o hearing back from you. Best regards, Jeff Jef= Brodsky I Private Client Services aspan> Ernst &=mp; Young LLP 155 N. =acker Dr., Chicago, IL 60606 Any tax advice in this e-mail should be considered in the context of the ta= services we are providing to you. Preliminary tax advice should not be re=ied upon and may be insufficient for penalty protection. Notice required by law: This e-mail may constitute an advertisement or soli=itation under U.S. law, if its primary purpose is to advertise or promote = commercial product or service. You may choose not to receive advertising =nd promotional messages from Ernst & Young LLP (except for EY Client Portal and the ey.com <http://ey.=om> website, 2 EFTA_R1_01569580 EFTA02462832 which track e-mail preferences t=rough a separate process) at this e-mail address by forwarding this messag= to no- more-mail@ey.com <javascript:_e(%78%7D;cvmUno-more-mail@ey.cors);> . If you do so, the send=r of this message will be notified promptly. Our principal postal address is 5 Times Square, New York, NY 100=6. Thank you. Ernst & Young LLP =C2 please note The information contained in this communic=tion is confidential, may be attorney-client privileged, may constit=te inside information, and is intended only for the use of the addresser. It is the property of JEE Unauthorized use, disclosure or copying =f this communication or any part thereof is strictly prohibited and =ay be unlawful. If you have received this communication in error, pleas= notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, andar>destroy this communication and all copies thereof, including all atta=hments. copyright -all rights reserved 3 EFTA_R1_01569581 EFTA02462833