I. INTRODUCTION The program of high p$_{T}$ experiments at the Tevatron and at the LHC, and the program of low energy flavor machines, such as present and future B-factories and the LHCb, are complimentary to each other. On one hand, understanding the flavor structure of TeV scale new physics is likely to shed light on the underlying theory at much higher energy scales, perhaps as high as the Planck scale. On the other hand, measuring new flavor parameters may lead to progress in understanding the flavor structure of the standard model itself, namely the smallness and hierarchy that appear in the Yukawa couplings. In this work, we explore this complementarity in a specific new physics framework, and provide a concrete demonstration of how high precision flavor measurements will lead to progress in understanding both the new physics and the standard model flavor puzzles. The consistency of all measurements of flavor-changing neutral current (FCNC) processes with the standard model predictions requires that the flavor structure of new physics at the TeV scale is highly nontrivial. In particular, it seems likely that this flavor structure should be closely related to the flavor structure of the standard model Yukawa couplings. The most extreme application of this hint from low energy flavor measurements is the assumption of minimal flavor violation (MFV) [1–5]. The MFV principle states that the only source of flavor violation, even in interactions involving new particles, are the Yukawa matrices of the standard model. However, while the flavor constraints suggest that the dominant flavor structure of new physics should be MFV, there is certainly room for sub-dominant contributions that are not MFV. The discovery of such non-MFV physics will be of utmost interest. Thus, the first questions that future flavor measurements should explore, relevant to the new physics flavor puzzle, are the following: If, indeed, non-MFV interactions are established, then finding out their pattern would be of much interest. Indeed, there is a wealth of possible FCNC sectors. In the quark sector alone, there are six different relevant transitions: s → d , c → u , b → d , b → s , t → c and t → u . Three of these – the b and c decays – can be better measured in the B-factories and in LHCb, while the t decays can be explored at the LHC. Understanding this pattern will allow us to answer yet another question, relevant to the standard model flavor puzzle: • Are there non-MFV effects in the new physics? At what level do they appear? 2