The Hill Group. Investment Products: Not FDIC Insured No Bank Guarantee May Lose Value

Transcription

1 The Hill Group Investment Products: Not FDIC Insured No Bank Guarantee May Lose Value

2 The Hill Group at J.P. Morgan Securities Our dedication to excellence and our holistic approach, together with the resources of J.P. Morgan, truly distinguish us.

3 Left to right: (standing) Mariah Maines, Greg McGee, Josh Ricciarelli (seated) Robert L. Littlehale III, Devin Hill We are the Hill Group at J.P. Morgan Securities. We provide the personalized services of a boutique organization while offering access to the resources of one of the largest and most admired financial firms in the world. We work with our clients to help them meet their financial goals, whether they are looking to grow, preserve or transfer their wealth.

4 Professional strategies, focused on you We realize that everyone has unique goals. We work closely with our clients, employ a disciplined investment process to understand their needs, and tailor our broad array of investment strategies to help them meet their goals. In each key area of wealth management investments, liquidity and credit management, and tax and estate planning strategies we have the experience and knowledge that help with managing the complexities of significant wealth. A dedicated approach We provide a superior client experience by dedicating our time and resources to a finite number of individuals and their families. Our clients are more than just an account number, and our team of professionals has a wealth of experience to help manage the individual needs of our clients. Our clients include: Corporate Executives Entrepreneurs Hedge Fund and Portfolio Managers Physicians Private Equity Principals Retirees Sports and Entertainment Individuals When we refer to customized portfolios, we mean customized in the most literal sense of the word. 2 J.P. Morgan Securities

5 At the Hill Group, we can create strategies that help address your specific needs, whether you seek professional portfolio management, a strategic investment approach or a broader range of wealth management services. Working together to develop a financial blueprint Every successful endeavor begins with a wellthought-out and disciplined plan. We begin our relationship with our clients by developing a comprehensive profile in order to understand their current financial situation and gain insights into their financial goals. We typically begin by preparing a consolidated balance sheet incorporating all their assets, and we may review trust and estate arrangements, historic tax data and insurance policies. Our goal is to gain a comprehensive picture of our clients financial lives to create a financial blueprint that will serve as the foundation for a customized investment strategy. When appropriate, we also work with clients accountants and attorneys, to ensure we are gaining the most comprehensive picture. Brokerage Services & Research Equities and Fixed Income Mutual Funds and Exchange-Traded Funds Foreign Exchange, Options and OTC Derivatives Structured Products (Equities, Fixed Income, Currencies, Commodities) Investment Management Consulting Services (Mutual Fund/ETF Platform, Separately Managed Accounts, Unified Managed Account) Discretionary and Non-Discretionary Fee-Based Accounts Non-Traditional Investments Hedge Funds Private Equity Real Estate Hard Assets Portfolio Optimization Asset Allocation Portfolio Analysis and Construction World-Class Investment Research Specialized Services Wealth Transfer and Philanthropy Education and Retirement Planning Tax Planning Strategies* Employee Stock Option Planning Executive Services Cash Liquidity Management Corporate Retirement Services Banking & Lending Cash Management Account Checking and Savings Accounts Margin and Lines of Credit Mortgages and Home Equity Lines of Credit * JPMorgan Chase & Co. and its subsidiaries do not render accounting, legal or tax advice. Estate planning requires legal assistance. You should consult with your independent advisors concerning such matters. The Hill Group 3

6 No matter what your financial goals are, it is important to have a wealth management plan to help you meet them. We can partner with wealth-planning specialists to formulate a strategy that addresses all of your financial needs, including retirement planning, education funding and wealth transfer strategies. We also offer a wide variety of banking and lending solutions and services for executives and business owners. Retirement planning Retirement is less about what you are leaving behind and more about where and how you plan to live after you stop working. The Hill Group can help you make the right decisions now so you can live the life you envision later whether it s to travel the world, start a business or launch a charitable foundation, for example. We can help you determine the most effective way to allocate your assets according to your specific time horizon and tolerance for risk, selecting among our broad array of investment choices to tailor a portfolio geared to your retirement goals. Education funding With the average cost of a four-year college degree at more than $100,000, education funding is an increasingly important consideration in a long-term investment strategy. J.P. Morgan Securities offers a variety of options that may provide tax-advantaged saving for future qualified higher-education expenses for a designated beneficiary. We can help you select appropriate investments based on your objectives and time horizon. Wealth transfer strategies An effective wealth transfer strategy balances financial and tax considerations with an individual s values and desired legacy. The Hill Group and the wealth management experts at J.P. Morgan Securities can work closely with you and your tax and legal advisors. Setting wealth transfer goals We ll start by helping you clarify your objectives from helping you decide how to transfer assets to your heirs to determining the appropriate way to fulfill your philanthropic goals. Finding an appropriate strategy There is a range of strategies to consider. For example, depending on your financial situation and long-term goals, we may recommend freezing the value of your assets, discounting their taxable value or transferring future appreciation to beneficiaries. Similarly, you may wish to explore ways to leverage your gifts, through the use of a family partnership or by using discounted assets, to help meet your goals. 4 J.P. Morgan Securities

7 Concentrated stock and options management The net worth of corporate executives and others who have sizeable stock or options holdings in a single company is often highly dependent on the value of that single investment. At the same time, as corporate insiders, they may face potential regulatory and contractual restrictions that could make it difficult to diversify effectively. Moreover, these holdings are often subject to significant tax liabilities. We can work with you to hedge singlestock risk, diversify within parameters acceptable to you and your company, and help you minimize tax implications. Planning for restricted and control stock Hedging and monetization strategies Rule 10b5-1 sales plans Form 144 filings for corporate insiders Lending solutions Successful wealth management requires attention to both sides of your balance sheet: liabilities as well as assets. We can help you meet your liquidity needs without disturbing a longer-term investment strategy to pursue new investment opportunities or meet business or personal financial goals. The Hill Group will also seek to understand your financial goals and make recommendations based on how financing may enhance your overall financial picture with: Cash management strategies Margin and non-purpose lending 1 Customized credit solutions: for example, standby letters of credit and commercial letters of credit Managing stock options Diversification strategies to optimize value of employee stock options Option exercise and share liquidation Cashless transactions Home Financing Residential Mortgages Refinancing Home Equity Lines of Credit Liquidity Solutions Margin Lending Non-Purpose Loans Revolving and Term Credit Facilities Tailored Credit Solutions Letters of Credit Fixed Rate Loans Foreign Currency Loans Aircraft Financing JPMorgan Chase Bank, N.A. Member FDIC 1 Borrowing with securities as collateral involves certain risks, including the possibility that you may need to deposit additional securities and/or cash in the account to meet a maintenance call and that securities in the account may be sold to meet the maintenance call. Proper management of your account and a thorough understanding of the conditions that may affect your investments will assist you in effectively using the margin lending program. The Hill Group 5

8 Cash management and banking A well-conceived financial plan should include a cash-management approach that both fits your lifestyle and addresses your short- and long-term cash objectives. The Hill Group can help you select deposit products supported by the strength and stability of J.P. Morgan s fortress balance sheet: Checking and savings accounts Cash management account linked to your brokerage account Banking on J.P. Morgan s fortress balance sheet When you bank with J.P. Morgan, you can be assured of a highly distinctive and personalized experience. From everyday transactions, such as paying bills or making deposits, to ensuring your daily cash management and liquidity needs are met, the dedicated banking service team, along with the Hill Group, will seamlessly handle all your banking requests. In addition, your deposits are always backed by the strength and stability of J.P. Morgan s fortress balance sheet and the additional security of FDIC insurance. 2 Benefits Access to your banking team, 24 hours a day, 7 days a week High purchase limits No monthly maintenance fees 3 Access to more than 5,500 Chase branches and more than 19,000 Chase ATMs 2 If you have questions about basic FDIC insurance coverage, please contact your J.P. Morgan Representative. You may wish to seek advice from your own attorney concerning FDIC insurance coverage of deposits held in more than one insurable capacity. You may also obtain information by contacting the FDIC, Deposit Insurance Outreach, Division of Supervision and Consumer Affairs, by letter (550 17th Street, N.W., Washington, D.C ), by phone ( or (TDD)), by visiting the FDIC website at or by using the FDIC s On-line Client Assistance Form available on its website. 3 Other fees may apply. Banking products and services offered by JPMorgan Chase Bank, N.A., member FDIC. 6 J.P. Morgan Securities

9 An exceptional client experience One of the most important elements in managing your wealth is working with a team of professionals that delivers a first-class client experience, a deep understanding of the wealth management business and unique expertise. Drawing on more than 70 years of combined experience, we provide a highly personalized approach to our client relationships. This, along with access to world-class products and services offered through the global financial resources of J.P. Morgan one of the world s oldest, largest and best-known financial institutions makes us an invaluable resource for all your financial needs. We invite you to explore the benefits of a relationship with us. Devin Hill Executive Director devin.hill@jpmorgan.com Devin Hill is an Executive Director and Financial Advisor with J.P. Morgan Securities. He leads The Hill Group, which provides tailored wealth management and banking strategies to high-net-worth individuals, corporate executives, families and institutions. Devin s primary responsibilities include overseeing investment strategy for the team s clients. He follows a consistent, disciplined approach in creating customized asset allocation and diversified portfolios. Drawing upon J.P. Morgan s resources, including strategists, economists and analysts, he also accesses carefully screened external mutual funds aiming to help his clients meet their goals. 4 With more than 20 years of financial experience, Devin began his career as an investment banker specializing in real estate, an interest he had from his early years, and which he subsequently pursued during college. The skills he developed, coupled with an interest in the global economy and markets, drove his decision to transition to investment management, where he enjoys working with a broad range of clients. Prior to joining J.P. Morgan Securities predecessor firm, Bear Stearns in 1993, Devin was an associate at Winthrop Financial ( ). Devin graduated from Arizona State University with a B.A. degree in Economics. He lives in Boston s Back Bay with his teenage daughter. Devin has maintained a lifelong interest in the arts, and continues to enjoy theatre and dance. He served on the board of directors of BalletRox and the Middlesex School Alumni board. He also enjoys travel and sports, and is an avid fan of the New England Patriots. Robert L. Littlehale III Executive Director robert.littlehale@jpmorgan Robert L. Littlehale III is an Executive Director and Financial Advisor with J.P. Morgan Securities. As a member of The Hill Group, Bob leverages his wide-ranging experience and the firm s extensive array of resources to serve middle-market companies and high-net-worth individuals. His primary focus is managing relationships with the team s corporate clients, equipping them with access to the firm s vast research capabilities. Bob has over 40 years of experience in financial services, beginning in personal trust after college, expanding into pensions and profit sharing, and then providing research to institutional clients. He has worked extensively with money management firms, investment counselors and law firms. Having forged a broad network of contacts and deep relationships in the Boston area, Bob has earned a reputation throughout the industry for being responsive and trustworthy, and for keeping his clients interests at the forefront. He can also help guide them in gaining access to capital markets when appropriate. Prior to joining J.P. Morgan Securities predecessor firm, Bear Stearns, in 1980, Bob was a trust officer with State Street Bank and Trust Company ( ). He then moved to Bache, Halsey, Stuart Shields (now Wells Fargo) in an institutional sales capacity ( ). Bob grew up in Boston, and earned a B.A. degree in History from Colgate University and an M.B.A. from Suffolk University. He is an active alumnus of both. He and his wife, Shawni, live in Norwell, and enjoy spending time with their four adult children and grandchildren. Bob also plays golf, tennis and squash. He is an expert skier and is a member of the Union Boat Club. 4 J.P. Morgan Securities Horizon Program. The Hill Group 7

10 Josh Ricciarelli Vice President Josh Ricciarelli is a Vice President and Financial Advisor with J.P. Morgan Securities. He advises individuals, corporate executives and families on investment management and credit issues. Josh incorporates a broad range of J.P. Morgan s resources to structure strategies to help meet his clients needs. As a member of The Hill Group, he provides research services to institutional clients, including family offices, mutual funds and investment advisory firms. Josh developed a passion for the financial markets while still in school, and parlayed that early interest into his current role. In an environment that is saturated with investment providers, Josh recognizes the importance of serving his clients with high levels of honesty and integrity. He relies on strong relationship management and communication skills to gather facts and to learn about his clients motivations. He then designs strategies using the firm s Horizon and Portfolio Advisor platforms, adding alternative assets strategies, as appropriate, for qualified clients. Prior to joining J.P. Morgan s predecessor firm, Bear Stearns, in 2000, Josh was a Retirement Plan Specialist with Putnam Investments ( ). Josh graduated from Trinity College with a B.A. degree in Public Policy. He is active in several charitable organizations for multiple sclerosis and Huntington s disease. As a married father of two young children, he spends most of his leisure time with his family enjoying outdoor activities in Wilmington, where the family resides. In his remaining spare time, Josh roots for the Celtics and Patriots. Mariah Maines Financial Advisor mariah.maines@jpmorgan.com Mariah Maines is a Financial Advisor with J.P. Morgan Securities. As part of the Hill Group, her responsibilities primarily consist of business development for the team. Mariah coordinates the firm s robust resources, including investment management, banking and credit, to help forge long-term relationships with prospects and clients. With a previous background in sales and account management, Mariah has focused on working with individuals and C-Suite Executives, experience she continues to leverage in her current role. Recognizing the importance of building trust, she begins each prospect relationship by listening to their concerns, and then identifies areas where the firm s services can add value in today s financial environment. She models various scenarios to illustrate how prospective clients can benefit from the thought leadership and investment strategies the firm offers. Prior to joining J.P. Morgan in 2013, Mariah held positions at Grantmakers for Education and The High Bar. Growing up in Colorado, Mariah graduated from Bard College, earning a B.S. degree in Political Science with an Economics focus. She now lives in Cambridge, and is an active participant in 85 Broads, a women s financial networking organization, and in J.P. Morgan s TBC Mentoring Committee. In her spare time, Mariah likes to run, hike and play tennis. Greg McGee Client Associate gregory.mcgee@jpmorgan.com Greg McGee is a Client Associate with J.P. Morgan Securities. Greg is an integral part of the Hill Group, responding to client requests, maintaining account documentation, generating reports, implementing wire transfers, executing trades and managing syndicate allocations. Greg s career in financial services is an outgrowth of studying international policy in college. His curriculum grounded him in the interplay between politics, finance, economics and government, and the role each plays in helping to position clients for successful investment management over the long term. After graduation, Greg worked at Brown Brothers Harriman ( ) as a Senior Trade Specialist. His responsibilities there were primarily focused on operations, computing daily net asset value for the firm s institutional mutual funds. He gravitated to a more client-centric position at J.P. Morgan in In his current role, he relies on problem-solving skills and perseverance to provide exceptional client service. A graduate of Boston College, Greg earned a B.A. degree in Political Science with a minor in Spanish. He grew up in Worcester, and now lives in Brookline, where he is an avid Boston Red Sox fan. He also completed the prestigious Boston Marathon. Greg serves as Vice President of Minutes for Memories, a charity organization that provides a support network for children who suffer from traumatic injuries. 8 J.P. Morgan Securities

11 J.P. Morgan Securities LLC (JPMS) provides clients with investment advisory and brokerage services. In providing such services, employees may act as investment advisory and registered representatives of JPMS under its registration as an Investment Advisor and Broker-Dealer. Certain other services described in this brochure may be provided by affiliates of JPMS. When JPMS provides brokerage services, a client s relationship with us and our duties to the client will be different in some important ways from when we are providing investment advisory services. JPMS is a member of FINRA, NYSE and SIPC. Banking products and services offered by JPMorgan Chase Bank, N.A., member FDIC. For information purposes only. This does not constitute a commitment to lend. All credit services are subject to credit approval. In order for JPMS to comply with Internal Revenue Service Circular 230 (if applicable), you are notified that any discussion of U.S. federal tax issues contained or referred to herein is not intended or written to be used for the purpose of: (A) avoiding penalties that may be imposed under the Internal Revenue Code; or (B) promoting, marketing or recommending to another party any transaction or matter addressed. The investment strategies presented are not appropriate for every investor. Individual clients should review with their advisors the terms and conditions and risks involved with specific products or services. Information used herein is obtained from publicly available sources JPMS believes to be reliable, but is not guaranteed to be accurate or complete. Past performance may not represent future performance, and investors may lose some or all of their investments. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Investment Products: Not FDIC Insured No Bank Guarantee May Lose Value 2014 JPMorgan Chase & Co. All rights reserved

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