Unlike most annual reports, this annual review for American Portfolios is divided into three, not four, sections to make use of a triathlon metaphor that reflects the financially trying and emotionally draining year of 2009. The logic of three makes sense in a world based on four because its division is set on the company's three divisions, American Portfolios Advisors, American Portfolios Investments and American Outsources. It includes a famous photo finish, rare in the endurance event where the difference between first and second place is usually measured in minutes, not seconds. 52 pages, 8 x 12 1/2, 4-color, 1 PMS, perfect-bound.