Sponsored programs, commonly known as "wrap" or "managed" accounts, are offered by major brokerage firms. TS&W uses the same philosophy and strategies employed for the firm's larger separate accounts as the adviser to these accounts. These popular programs enable investors with a minimum account size of approximately $100,000 to gain access to professional, institutional investment management services. For two decades, TS&W has participated in these programs with a number of regional and national brokerage firms. TS&W's investment strategies offered through these programs include fully invested equity, equity and reserve, balanced, mid cap and small cap equity accounts. Your broker or financial adviser can provide you with further information on investing through one of TS&W's sponsored programs.