Success on Your Terms

Transcription

1 Success on Your Terms How We Help You Achieve Your Financial Goals The North Atlantic Group at Morgan Stanley Smith Barney David W. Wright, CFP Senior Vice President Senior Investment Management Consultant Financial Planning Specialist Richard G. Carriere, CFP First Vice President Financial Advisor Financial Planning Specialist William J. Horn, CRPS Financial Advisor Financial Planning Specialist Investments and services offered through Morgan Stanley Smith Barney LLC, and accounts carried by Morgan Stanley & Co. Incorporated; members SIPC.

2 Four Pillars of Wealth Management

3 Services Lifestyle management helps to make sure a client s cash flow and his/her current and future spending obligations are in line with one another. This includes retirement planning, education planning and cash flow modeling, and influences wealth transfer plans. It also takes into consideration family dynamics and philanthropic intentions. Liabilities management is the strategic approach to the right-hand side of a balance sheet. It recognizes that both sides of the balance sheet are highly interdependent, and that borrowing should be no less strategic than investing. For many of our clients, getting this right will have as great a long-term impact on lifestyle as the asset management side of their financial picture. Risk management encompasses tactical strategies that we help anticipate and adapt to risks that can affect assets. It encompasses tax, insurance, asset protection, even personal security. There is a marked interdependence between risk management and other services. For instance, portfolio allocation is inherently an investment management discipline, but is of course a risk-oriented discipline as well. Investment management becomes more valuable when it s made part of a comprehensive program involving all other service areas. This isn t because investment performance has become less important, but is simply because clients rightly feel entitled to it. It is the cornerstone of our business and the hallmark of achievement, but it is only part of what we can do for you.

4 Tailoring Your Strategy: Morgan Stanley Smith Barney s Investments and Services Extensive Resources for Individual Investors (3) Brokerage Services Through Morgan Stanley Advisory Services Life-Cycle Services Smith Barney, you gain access to virtually every Investments Financial Planning Insurance Coverage type of investment Alternative Investments Comprehensive Plan Annuities available to individual Equities Managed Accounts Disability Insurance investors. We will work Exchange-Traded Funds Mutual Fund Advisory Group Programs Life Insurance with you to determine the Fixed Income Separately Managed Accounts Long-term Care Insurance appropriate use of Mutual Funds Morgan 1930 s Stanley and Smith 1940 s 1950 s and 1960 s 1970 s and 1980 s 1990 s 2000 s Options Barney s resources. Trust, NA) (2) Public Offerings Structured Products Unit Investment Trust Education Planning Services 529 College Savings Plans Lending Services Mortgages and Home Equity Lending Financial Assessment Tools Asset Scan Asset Allocation Tool Debt Management Calculators Education Funding Calculators Insurance Needs Calculators Needs Assessment Analysis Major Purchase Savings Calculators Retirement Income Calculators Personal Trust (Morgan Stanley Charitable Trusts Delaware Trustee Services Family Foundations Trust Accounts Wealth Planning Services (2) Charitable Giving Wealth Transition Plans Notes 1. If you are considering options as part of your investment plan, your Morgan Stanley Smith Barney Financial Advisor is required to provide you with the Characteristics and Risks of Standardized Options booklet from the Options Clearing Corporation. Clients should not enter into options transactions until they have read and understood the Disclosure Document, as options are not for everyone. Please ask your Morgan Stanley Smith Barney Financial Advisor for a copy of the booklet 2. This material was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws 3. Tax laws are complex and subject to change. This information is based upon current federal tax rules in effect at the time this was written. Morgan Stanley Smith Barney, Morgan Stanley & Co. Incorporated and Morgan Stanley Smith Barney s Financial Advisors do not provide tax or legal advice. Clients should always check with their tax or legal advisor before engaging in any transaction involving IRAs or other-tax advantaged investments

5 Tailoring Your Strategy: Morgan Stanley Smith Barney s Investments and Services (1) (2) Resources for Businesses and Organizations Morgan Stanley Smith Business Services Executive Services Barney provides a full suite of business services dedicated to meeting the Business Succession Planning Employee Stock Option Strategies (Exercise and sell strategies) needs of companies, Business Valuation Referral Services (For sale of a Concentrated Stock Services (Selling, margining or hedging) governments, 1930 s and not-forprofit organizations, 1940 s 1950 s company and or 1960 s estate and tax planning) 1970 s and 1980 s 1990 s 2000 s Mortgage and Home Equity Solutions Cash Management Services as well as those of their Preset Diversification Programs executives and other Coordinated Sale Programs Restricted Securities (Liquidation and risk employees. Directed Share Programs management alternatives) Employee Stock Ownership Plan Transaction Services Keyman Insurance Lending Services (Lines of credit, commercial mortgages, term loans) Lockbox, Payroll, Merchant Payments Retirement Savings Plans (401(k), 403(b), 457, etc.) Strategic Advisory Referral Services (Merger, acquisition, divestitures, private placements) Stock Plan Services Wealth Planning Services (3) Notes 1. Business valuation services, lockbox, payroll, merchant payments, and strategic business advisory services are provided through referrals to third parties. Morgan Stanley Smith Barney receives compensation for referrals to these third parties. For additional information on these third-party relationships, please ask your Financial Advisor 2. Tax laws are complex and subject to change. This information is based upon current federal tax rules in effect at the time this was written. Morgan Stanley Smith Barney, Morgan Stanley & Co. Incorporated and Morgan Stanley Smith Barney s Financial Advisors do not provide tax or legal advice. Clients should always check with their tax or legal advisor before engaging in any transaction involving IRAs or other tax-advantaged investments 3. This material was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws

6 How Financial Advisors Work to Define and Achieve Your Goals Together, we ll develop a thorough understanding of your financial goals. Develop Understanding Working with you, we ll review and analyze your current financial situation. Ongoing Commitment Conduct Analysis Your Financial Advisor will periodically evaluate and recommend potential solutions to address your situation. Implement and Deliver Tailor Strategies We draw upon the intellectual strength and global resources of Morgan Stanley Smith Barney to help you create individually tailored investment strategies. Your Financial Advisor will work with you to implement your customized strategy, including personalized benefits and services, to ensure your financial needs continue to be met.

7 Communication Our Commitment to Communication is paramount in all that we do. We seek to work with our clients and to act in an advisory capacity in order to assist clients in many aspects of their lives. This can only be accomplished through active communication and an understanding by both client and advisors. Communication is most successful when undertaken through an arrangement of mutuality. Whereas we pledge prompt and complete communication with clients, allowing them to make informed decisions with the full array of knowledge available, we expect the same treatment in return. By increasing the quality of exchange between ourselves and our clients we can help ensure that investments and advice accurately represent the true goals and desires of the client.

8 Team Bios David W. Wright, CFP Senior Vice President, Senior Investment Management Consultant, Financial Planning Specialist David has over 20 years of experience as a financial professional, including accounting, executive finance, and his current advisory capacity. He was a senior manager for a top accounting firm, and President of a privately held manufacturing concern. He has attained both the Certified Public Accountant (CPA) and Certified Financial Planner (CFP ) designations in addition to a Master s in Taxation. David lives in coastal Massachusetts with his wife and two children. Richard G. Carriere, CFP First Vice President, Financial Advisor, Financial Planning Specialist Richard has over 20 years of experience as both a financial professional and entrepreneur. Prior to beginning his advisory role Richard was an accountant, college professor, and started a successful placement firm for financial professionals. Richard has also earned the Certified Public Accountant (CPA) and Certified Financial Planner (CFP ) designations in addition to a Master s in Taxation. Richard lives in northern Rhode Island with his wife and children. William J. Horn, CRPS Financial Advisor, Financial Planning Specialist Bill made a career transition into the financial services industry when he joined Smith Barney, a predecessor firm to Morgan Stanley Smith Barney, in Prior to that, Bill had a successful career in retail that included a family owned business, and his most recent position as regional manager for a New England based chain of stores. Bill has earned his Chartered Retirement Plans Specialist (CRPS ) and Financial Planning Specialist designations. He lives in Rhode Island s East Bay region with his wife and two children. Adriane B. Medeiros Registered Associate, Financial Planning Associate Adriane has over 19 years of experience in the financial services industry, primarily focused in the areas of administration and operations. Her skill and demeanor have made her a favorite point of contact for our clients. Adriane lives in southeastern Massachusetts with her husband and two children. Mark D. Cotroneo Registered Client Service Associate Mark has over 5 years of experience working with two of the world s largest brokerage houses. He focuses primarily on customer service and operational support. Mark has a Bachelor s degree in Business Administration from the University of Rhode Island and resides in Central Rhode Island. Financial Advisors with the CPA designation do not act in that capacity at Morgan Stanley Smith Barney

9 Your Financial Advisor Team at Morgan Stanley Smith Barney Your Financial Advisors Will: Serve as your gateway to the intellectual strength and regional and global resources of Morgan Stanley Smith Barney Follow a client-centered approach, and work with you to develop financial solutions that address your specific needs and goals Continuously train to keep us current David W. Wright, CFP Senior Vice President Financial Advisor Senior Investment Management Consultant Financial Planning Specialist Phone: (401) Fax: (401) david.w.wright@mssb.com Number of Years Registered: 12 Masters of Science- Taxation Bachelor of Science- Business Administration CPA Focus areas: Wealth Management Financial Planning Richard G. Carriere, CFP First Vice President Financial Advisor Financial Planning Specialist Phone: (401) Fax: (401) richard.g.carriere@mssb.com Number of Years Registered: 12 Masters of Science- Taxation Bachelor of Science- Business Administration CPA Focus areas: Wealth Management Financial Planning William J. Horn, CRPS Financial Advisor Financial Planning Specialist Phone: (401) Fax: (401) william.j.horn@mssb.com Number of Years Registered: 3 Bachelor of Science- Mass Communications Warren/ Barrington Rotary President East Bay Chamber of Commerce Focus areas: Wealth Management Retirement Plans Financial Advisors with the CPA designation do not act in that capacity at Morgan Stanley Smith Barney

10 Additional Members of Your Team Adriane B. Medeiros Registered Client Service Associate Financial Planning Associate Phone: (401) Fax: (401) Mark D. Cotroneo Registered Client Service Associate Phone: (401) Fax: (401) Kevin R. Tremor Registered Client Service Associate Financial Planning Associate Phone: (401) Fax: (401) Regional Resources Kenneth A. Johnson, Esq. Executive Director Wealth Planning Director Jane Kapelson Vice President NE Regional Wealth Advisory Consultant Geoff Blome Regional Banking and Lending Director Chris Smith Vice President Trust Specialist Robert Haag Regional Insurance Specialist Jeffrey P. Withington, CFP, ChFC Regional Specialist Capitas Financial

11 Disclosure A Morgan Stanley Smith Barney (MSSB) relationship does not have to be established or maintained to obtain the products or pricing offered as part of the MSSB Home Loan Program at Citibank or Morgan Stanley Credit Corporation (MSCC). A default (stopping monthly payments) on a mortgage could result in the loss of pledged real estate, securities or both. All home loans and home equity lines of credit are made by MSCC, Citibank, N.A., or CitiMortgage, Inc., equal housing lenders, and are subject to the respective lenders mortgage underwriting standards. CitiMortgage does business as Citicorp Mortgage in NM. Citibank, N.A, and CitiMortgage, Inc., are subsidiaries of Citigroup, Inc. MSCC is a subsidiary of Morgan Stanley. MSSB is a subsidiary of both Citigroup, Inc. and Morgan Stanley. Our policy does not permit clients to use the proceeds of a home loan to invest in securities or other investments through MSSB or its affiliates. Neither you nor the respective lender pay any fee for the services of MSSB in connection with the MSSB Home Loan Program. If a loan closes with MSCC, Citibank, N.A., or CitiMortgage, Inc., MSSB may credit the Financial Advisor with a sales credit of up to seven tenths of one percent (0.7%) of the principal amount of the loan. The MSSB Home Loan Program only includes certain mortgage products offered by MSCC, Citibank, N.A., or CitiMortgage, Inc. There are frequently other lenders available with similar loan products. You are free to shop around to determine that you are receiving the best services and the best rate for these services. Arizona Mortgage Broker License No. MB ; Licensed by The Department of Corporations under the California Finance Lenders Law; Licensed by the New Hampshire Banking Department; Licensed by the New Jersey Department of Banking and Insurance; Registered Mortgage Broker-NYS Banking Department. Mortgage brokers may not make loans. All commercial loans and lines are made by Citibank, N.A., equal opportunity lender. All credit products are subject to satisfaction of Citibank s underwriting guidelines and credit approval. Banking and credit products and services are provided by Citibank, N.A. (Member FDIC) and/or its banking or lending affiliates. Minimum balances and/or fees may apply to certain products see your banker for details.

12 Disclosure The investments listed may not be suitable for all investors. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, and encourages investors to seek advice of a financial advisor. The appropriateness of a particular investment will depend upon an investor s individual circumstances and objectives. Diversification does not guarantee a profit or protect against a loss. Tax laws are complex and subject to change. Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Smith Barney Financial Advisors do not provide tax or legal advice. This material was not intended or written to be used for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Individuals are urged to consult their personal tax or legal advisors to understand the tax and related consequences of any actions or investments described herein. Morgan Stanley Smith Barney offers insurance products in conjunction with SBHU Life Agency, Inc. Investments and services offered through Morgan Stanley Smith Barney LLC, member SIPC. May 2010