Managing Your Everyday Finances

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1 Managing Your Everyday Finances

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3 Making the Most of Your Relationship With Morgan Stanley Managing your day-to-day spending, cash flow, and available funds are key features of your overall financial management strategy. With guidance from your Morgan Stanley Financial Advisor and support from our professional service team, our cash management solutions complement your portfolio management strategy creating a holistic, integrated wealth management approach.

4 Because the cash management requirements of every client are unique, Morgan Stanley provides the following benefits: Central to an integrated wealth management relationship, cash management solutions provide a range of deposits, payments, and funds transfer capabilities through personal service, online channels, and mobile devices. Cash management solutions can be supplemented by optional loan facilities, raising cash when necessary while keeping long-term portfolio investment strategies in place. Simple When you combine your investment, cash management and financing activities in one place, you can manage all of your assets with greater efficiency and control through Morgan Stanley s brokerage account, the Active Assets Account. 1

5 Convenient The Morgan Stanley Mobile App features A rated cash management capabilities, 2 giving you easy access to your funds for everyday spending, paying your bills or initiating transfers. Integrated Cash management with Morgan Stanley is an integral part of your overall wealth management relationship, led by your Financial Advisor and supported by our professional service teams. Comprehensive Obtain a complete view of your accounts with Morgan Stanley s full range of resources accompanied by a robust suite of benefits and services such as comprehensive reporting, statement linking and much more.

6 Simple It s Your Choice Handle your day-to-day cash management activity in one account alongside your investment portfolio, or use different accounts to provide separation between your cash management and investment activity. Whether your finances are organized in a single account or you manage your investments and cash separately, you obtain a consolidated and comprehensive view of your financial relationship, facilitating informed conversations with your Financial Advisor about how cash management solutions can help optimize your long-term wealth strategy. 6

7 Convenient Saving Time, Unlocking Value Morgan Stanley provides the right tools to help you manage and maximize your cash flow. Features like mobile check deposit making check deposits with your mobile device conveniently and securely and direct deposit where your funds are transferred electronically to your account and are available immediately ease management of your day-to-day financial affairs. The Morgan Stanley Debit Card 3 is accepted worldwide at any ATM that accepts MasterCard, Maestro and STAR Network. The Morgan Stanley Cards from American Express provide unique value for our clients, including additional cards, 4,5 an Anniversary Spend Award 6,7 and access to the award-winning Membership Rewards program. 8 7

8 Integrated The Convenience Of One Relationship With the advice and guidance of your Financial Advisor and support from our professional service teams, you can optimize your relationship at Morgan Stanley with our cash management solutions to help manage your everyday finances and long-term investments efficiently. 8

9 Comprehensive Connecting For A Broad Perspective Obtain a complete view of your accounts with integrated and comprehensive reporting, including the ability to link statements. Stay informed with the latest market trends by receiving updates with Morgan Stanley online and our mobile app. 9 9

10 Maximizing the Benefits of Cash Management at Morgan Stanley With the Active Assets Account, you can obtain access to a suite of cash management solutions. This is an attractive alternative to your everyday bank and was designed to provide an integrated solution to help you manage your everyday finances alongside your long-term investments. Your Financial Advisor can discuss how Morgan Stanley Wealth Management with investments, cash management and liquidity solutions may help your money work harder and support you in realizing your goals. Take full advantage of this powerful relationship to shape and control your financial life.

11 Make Your Cash Work Harder For You AUTOMATED SWEEP Idle cash balances in your core Morgan Stanley brokerage accounts are automatically swept every night to a money market mutual fund or the Bank Deposit Program. 10 These sweep cash balances remain a component of your cash available to spend or invest. Your Financial Advisor can recommend the sweep choice most suitable for your circumstances. CERTIFICATES OF DEPOSIT CDs are interest bearing, FDIC insured term deposits. Investing in CDs may be a suitable way to help save for future obligations or diversify short-term investment holdings and helps maximize FDIC insurance coverage. Morgan Stanley works with third party banks to offer a variety of CDs across a range of maturities. 11 GLOBALCURRENCY SM DEPOSITS 12 The ability to earn interest in a variety of foreign currencies including major currencies such as Euro, Sterling and Yen. Investment Allocation Transactional Cash Reserve Cash Cash Large Cap Alternatives Fixed Income Small Cap International Emerging Markets Wealth Management Asset Allocation (For illustrative purposes only) 11

12 Secure and Convenient Access to Your Funds UNLIMITED CHECK WRITING Activity reporting displays check payee names on your statements, online and via our mobile app available for download from the Apple App Store and from Google Play. Check images can be viewed on Morgan Stanley Online. ATM FEE REBATES 13 Receive rebates on ATM fees charged at any US based ATM. Rebates are unlimited for Reserved 14 clients and up to $200 a year for all other clients. MORGAN STANLEY DEBIT CARD Use your Morgan Stanley Debit Card to make purchases or access your funds at more than 2 million ATMs worldwide. The Morgan Stanley Debit Card is accepted at merchants or ATMs accepting MasterCard, Maestro or STAR Network. The Debit Card now features chip & PIN technology, a global standard in security that encrypts your information and makes your card more difficult to counterfeit. MORGAN STANLEY CARDS FROM AMERICAN EXPRESS 15 Get access to exceptional benefits with the Morgan Stanley Cards from American Express such as an Anniversary Spend Award, the award-winning Membership Rewards program and other unique features and benefits designed for Morgan Stanley clients. There is no annual fee on the Morgan Stanley Credit Card from American Express

13 GLOBALCURRENCY SM EXPRESS 17 Get access to cash before you travel. Have foreign currency delivered to your door, including Euro, Sterling, Yen and other currencies. Maximum daily delivery is $5,000 equivalent. WIRES Schedule wire transfers between Morgan Stanley accounts and external institutions. APPLE PAY 18 Make your purchases more convenient. Use your Morgan Stanley Debit Card or Morgan Stanley Cards from American Express with Apple Pay on your iphone 6, iphone 6 Plus or later, or on your ipad Air 2, ipad mini 3 or later while shopping within participating apps. 13

14 Freedom to Access Your Account When and Where You Want 9 With Morgan Stanley Online and The Mobile App A RATED MOBILE APP FEATURES The Morgan Stanley Mobile App, available for iphone, ipad and Android, received the only A grade for cash management capabilities in an independent third-party report. 2 TRANSFERS Transfer funds through Morgan Stanley Online or the Morgan Stanley Mobile App between your separate Morgan Stanley accounts. Initiate transfers from or to your linked external accounts at other financial institutions. In addition to your online options, you can arrange funds transfers with your Financial Advisor. BILL PAY Conveniently pay your bills with online bill pay through Morgan Stanley Online and the Morgan Stanley Mobile App. Receive ebills, schedule one-time or recurring payments and track the status of your payments for greater financial control. DEPOSITS Scan and deposit checks drawn on USbased banks, 19 anytime, anywhere with the Morgan Stanley Mobile App. This capability also accommodates some of the highest deposit limits in the industry

15 Stay Informed with Consolidated Reporting COMPREHENSIVE VIEW A complete view of your relationship that provides overview of spending and investment activity and an annual summary of your spending broken down by category. STATEMENTS Your monthly statement provides a record of all your transactions including your checking, bill pay and debit card activity. You also receive a consolidated year-end report that shows all your account activity throughout the year to help you with record keeping and tax preparation. STATEMENT LINKING Receive multiple Morgan Stanley account statements in one package, accompanied by an easy-to-read summary page QUICKEN DOWNLOAD As a complimentary service, download your account activities to Quicken to manage your account at your convenience. 15

16 Contact your Financial Advisor for an in-depth perspective on using cash management solutions to complement your wealth management relationship at Morgan Stanley and to help you achieve the financial future you envision. Together, you can review your investments and goals, and learn more about the powerful tools and services available to you for managing your finances. Contact your Financial Advisor to learn more or call to speak to a service representative. 16

17 1 The Active Asset Account (AAA) is a brokerage account offered through Morgan Stanley Smith Barney LLC. 2 Mobile Monitor Report 2014 by Corporate Insight: Money on the Move: Transfers, Payments & Deposits. 3 The Morgan Stanley Debit Card is currently issued by UMB Bank, n.a., pursuant to a license from MasterCard International Incorporated. Master- Card and Maestro are registered trademarks of MasterCard International Incorporated. The third-party trademarks and service marks contained herein are the property of their respective owners. 4 Morgan Stanley Credit Card from American Express: Additional Card Members must be at least 15 years of age and never have had a defaulted account with American Express. 5 Platinum Card from American Express exclusively for Morgan Stanley: Obtain one (1) Additional Card for no additional fee. You can get up to the next 3 Additional Cards for a total annual fee of $175. Then, each Additional Card can be obtained for an annual fee of $175. Additional Card Members must be at least 15 years of age and never have had a defaulted account with American Express. 6 If the total eligible purchases charged to your Morgan Stanley Credit Card from American Express Card Account equals $25,000 or more during each anniversary year as described below, Morgan Stanley shall deposit one hundred dollars ($100) into an Eligible brokerage Account of yours that is determined by Morgan Stanley. If you qualify to receive the $100 deposit but your only Eligible Morgan Stanley brokerage Account is a trust account, joint account, retirement account, or sole proprietorship account, Morgan Stanley will instead send $100 to you in the form of a check that will be mailed to your address on record at Morgan Stanley. The $25,000 purchase threshold is measured from the one year period following the date your Card Account was opened and resets to $0 each year on the anniversary of the date your Card Account was opened. You will not receive your $100 award if your Card Account is cancelled or in default at the time of fulfillment. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of travelers checks, purchase or reloading of prepaid cards, or purchases of other cash equivalents. Additional terms and restrictions apply. Eligible purchases include purchases made by both the Basic and Additional Card Members on the Card Account. This offer may not be transferred. Limit one Anniversary Spend Award per anniversary year per Card Account. It will typically take approximately 4-6 weeks after the anniversary date of the Card Account to receive the Anniversary Spend Award from Morgan Stanley. Please contact Morgan Stanley with any questions about brokerage account eligibility and the fulfillment of the award. 7 If the total eligible purchases charged to your Platinum Card from American Express exclusively for Morgan Stanley Card Account equals $100,000 or more during each anniversary year as described below, Morgan Stanley shall deposit five hundred dollars ($500) into an Eligible brokerage Account of yours that is determined by Morgan Stanley. If you qualify to receive the $500 deposit but your only Eligible Morgan Stanley brokerage Account is a trust account, joint account, retirement account, or sole proprietorship account, Morgan Stanley will instead send $500 to you in the form of a check that will be mailed to your address on record at Morgan Stanley. The $100,000 purchase threshold is measured from the one year period following the date your Card Account was opened and resets to $0 each year on the anniversary of the date your Card Account was opened. You will not receive your $500 award if your Card Account is cancelled or in default at the time of fulfillment. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of travelers

18 checks, purchase or reloading of prepaid cards, or purchases of other cash equivalents. Additional terms and restrictions apply. Eligible purchases include purchases made by both the Basic and Additional Card Members on the Card Account. This offer may not be transferred. Limit one Anniversary Spend Award per anniversary year per Card Account. It will typically take approximately 4-6 weeks after the anniversary date of the Card Account to receive the Anniversary Spend Award from Morgan Stanley. Please contact Morgan Stanley with any questions about brokerage account eligibility and the fulfillment of the award. 8 Terms and Conditions for the Membership Rewards program apply. Visit membershiprewards.com/terms or call AXP-EARN ( ) for more information. Participating partners and available rewards are subject to change without notice. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of travelers checks, purchase or reloading of prepaid cards, or purchases of other cash equivalents. Additional terms and restrictions apply. 9 Subject to cell phone connectivity. Standard messaging and data rates from your provider may apply. The Morgan Stanley Mobile App is currently available for iphone and ipad from the App Store SM, and for Android from Google Play. 10 Under the Bank Deposit Program, cash balances are automatically deposited into interest bearing, FDIC-insured deposit accounts at Morgan Stanley Bank, N.A. and/or Morgan Stanley Private Bank, National Association, all members, FDIC. Detailed information on federal deposit insurance coverage is available on the FDIC s website ( 11 CDs are insured by the FDIC, an independent agency of the U.S. Government, up to a maximum of $250,000 (including principal and accrued interest) for all deposits held in the same insurable capacity (e.g. individual account, joint account, IRA etc) per CD depository. Investors are responsible for monitoring the total amount held with each CD depository. All deposits at a single depository held in the same insurable capacity will be aggregated for the purposes of the applicable FDIC insurance limit, including deposits (such as bank accounts) maintained directly with the depository and CDs of the depository. 12 Before undertaking foreign exchange transactions, clients should understand the associated risks. Engaging in foreign currency transactions entails more varied risks than normally associated with transactions in the domestic securities markets. Attention should be paid to market, credit, sovereign, and liquidity risks. The foreign exchange transactions and deposits discussed in this material may not be suitable for all clients. The appropriateness of a particular investment or strategy depends upon a client s particular circumstances and objectives. This material does not provide individually tailored investment advice. Clients can review the GlobalCurrency Disclosure Statement at www. morganstanley.com/globalcurrency for more details. GlobalCurrency deposits are held at Morgan Stanley Private Bank, National Association, Member FDIC, and are insured up to U.S. Dollar equivalent limits. FDIC insurance does not protect against losses due to exchange rate movements. For more information about FDIC insurance, please visit the FDIC website at Savings deposits in some currencies may pay no interest. Morgan Stanley Smith Barney LLC will charge a client a markup for converting USD in the client s brokerage account or foreign currency in a Savings Deposit to another currency, which will reduce the client s net earnings. The markup is the difference or spread between the price we pay for a currency and the price at which we sell the currency to a client. Please refer to com/globalcurrency for full availability. 13 Reserved clients are eligible for unlimited U.S. ATM fee rebates, up to $4.99 per transaction. All other clients are eligible for up to $200 in annual U.S. ATM fee rebates, also up to $4.99 per transaction. 14 Morgan Stanley Smith Barney LLC reserves the right to change or terminate the Reserved program at any time and without notice. Reserved program participants accounts and activity are reviewed periodically to confirm that they continue to qualify for Reserved.

19 15 The Morgan Stanley Credit Card from American Express or the Platinum Card from American Express exclusively for Morgan Stanley is only available to you if you have an Eligible Morgan Stanley Smith Barney LLC brokerage Account ( Eligible Account ). Eligible Account means a Morgan Stanley Smith Barney LLC ( Morgan Stanley ) brokerage account held in your name or in the name of a revocable trust where you are the grantor and trustee, except for the following accounts: Charitable Remainder Annuity Trusts, Charitable Remainder Unitrusts, irrevocable trusts and employer-sponsored accounts. Eligibility is subject to change. American Express may cancel your Card Account and participation in this program, if you do not maintain an Eligible Morgan Stanley brokerage Account. Morgan Stanley may compensate your Financial Advisor and other employees in connection with your acquisition or use of either the Morgan Stanley Credit Card from American Express or the Platinum Card from American Express exclusively for Morgan Stanley. 16 The offer is not available for the Platinum Card from American Express exclusively for Morgan Stanley. 17 GlobalCurrency Express is available for all of our currencies. However, only the Euro, British Pound, Canadian Dollar, Swiss Franc, Japanese Yen and Australian Dollar can be funded in local currency from your brokerage account. All other currencies must be funded using USD. To place an order for GlobalCurrency Express, call the client service center at between 8:00 a.m. and 2:00 p.m. ET Monday through Friday. Minimum order $250 U.S. Dollar equivalent; maximum order is $5,000 U.S. Dollar equivalent per account holder per 24-hour period. No more than 2 orders may be placed in a 7 calendar day period. There is a fee for currency delivered from a GlobalCurrency deposit, which is withdrawn from the deposit, and a mark-up for currency delivered after a U.S. Dollar conversion, which is included in the exchange rate quoted at the time of purchase. Exchange rates are quoted at the time of purchase. Eligibility restrictions and conditions apply. 18 Apple Pay is only available on Morgan Stanley Debit Cards issued in the continental US. 19 Subject to terms and conditions. 20 Up to a daily limit of $100,000 for existing Reserved customers. The Morgan Stanley Cards from American Express are issued by American Express Bank, FSB, not Morgan Stanley. Services and rewards for the Cards are provided by either Morgan Stanley, American Express or other third parties. Restrictions and other limitations apply, see the terms and conditions for the Cards for details. Clients are urged to review fully before applying. Morgan Stanley, its affiliates, and Morgan Stanley Financial Advisors and employees are not in the business of providing tax or legal advice. Clients should speak with their tax advisor regarding the potential tax implications of the Rewards Program upon their specific circumstances. All loans/lines of credit are subject to the underwriting standards and independent approval. Morgan Stanley Smith Barney LLC ( Morgan Stanley ) is a registered Broker/ Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services. Investment services are offered through Morgan Stanley. Unless specifically disclosed in writing, investments and services offered through Morgan Stanley are not insured by the FDIC, are not deposits or other obligations of, or guaranteed by, a bank and involve investment risks, including possible loss of principal amount invested. Apple, the Apple logo, iphone and ipad are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android and Google Play are trademarks of Google Inc Morgan Stanley Smith Barney LLC. Member SIPC. PBG CRC /2015 CS /15

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