Manning & Napier, Inc. is an independent investment management firm. The Company provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds. The Company 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 focuses on building an internal organization of specialists to provide additional consultative services beyond investment management. The Company’s operating subsidiaries include Manning & Napier Advisors, LLC (MNA), Exeter Advisors, LLC, Manning & Napier Investor Services, Inc., Manning & Napier Alternative Opportunities, LLC and Exeter Trust Company. MNA serves as the investment adviser for Manning & Napier Fund Inc. series of mutual funds and the Exeter Collective Investment Trust.