The Davis Wealth Management Group at Morgan Stanley. Retirement Planning and Wealth Management

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1 The Davis Wealth Management Group at Morgan Stanley Retirement Planning and Wealth Management

2 70 West Madison Street Suite 5200, Chicago, IL / MAIN

3 The Davis Wealth Management Group at Morgan Stanley As your portfolio has grown, so too has its complexity and the resources needed to manage it. As Financial Advisors, we have the knowledge, experience and commitment necessary to manage your investments on an ongoing, fully discretionary basis, providing you with objective advice on critical financial matters. Working closely with you, we will develop an investment strategy focused clearly on your objectives one that reflects your lifestyle expectations, cash flow needs, risk tolerance and aspirations for your family. From there, we will help you build a portfolio informed by the resources and insight available from Morgan Stanley, one of the world s largest financial firms. When you look at wealth management from a long-term perspective, one thing becomes clear: it s your future, not just your money. And over time, we can help you navigate the noise and distractions of challenging markets, providing a disciplined sense of focus on what s most important your progress toward your goals. THE DAVIS WEALTH MANAGEMENT GROUP 3

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5 Meet the Professionals Ted Davis Managing Director Wealth Advisor Senior Portfolio Manager Ted has a long and accomplished history in the financial services industry that extends more than 30 years. As an advisor, he is passionate about trying to help his clients enjoy a financially secure retirement by focusing exclusively on what matters to them. Ted wants all of his clients to engage in regular on-going financial planning. He personally prides himself on giving his clients sound advice that is practical and real. Ted regularly speaks in the community about retirement planning, Social Security, health care in retirement, estate planning, LTC insurance, the state of the current investment climate and other financial planning topics. Ted earned his Certified Financial Planner designation from the College for Financial Planning in Ted has been selected by Barron s as one of the Top 1,000 Financial Advisors in the U.S. from and as a Top 1,200 Financial Advisor in 2014 and He was also selected among the top 50 advisors in Illinois for the last six years by the Barron s state by state ranking. Ted was a member of the UBS Chairman s Council in 2005 and in 2013, was promoted to the title of Managing Director. He currently is a member of Morgan Stanley s Chairman s Council. In his spare time, he enjoys reading, skiing, exercising and loves nothing more than spending time with his wife, Wendy, and their three daughters, Stephanie, Andie and Kelsey. THE DAVIS WEALTH MANAGEMENT GROUP 5

6 Alan Panozzo, CFA Wealth Management Associate Alan joined Morgan Stanley as a Wealth Management Associate in 2016 and has over 16 years of industry experience. Prior to joining Morgan Stanley, Alan was a financial advisor at UBS Financial Services. Alan has a particular focus on security analysis and portfolio management which entails analyzing, monitoring, and rebalancing client accounts. He also assists clients in constructing goal based financial plans. Alan helps analyze the financial plans and assists in aligning a client s financial goals with investments to help them achieve those goals. Alan earned a Bachelor of Business Administration degree in finance from Benedictine University and graduated with magna cum laude honors. He is a Chartered Financial Analyst (CFA ) charterholder and has been a member of the CFA Society of Chicago since Alan and his wife, Cheryl, have two sons, A.J. and Joey. Alan enjoys going to Bears games, exercising and collecting sports memorabilia in his free time. Jason Darfler, CRPC Wealth Management Associate Jason has been with the Davis Wealth Management Group since The heart of what he does revolves around helping families prepare for their transition to retirement. Given that every situation is unique, Jason takes time to speak with and educate clients to help ensure they are adequately prepared for their next chapter in life. His background includes 401(k) planning, retirement income analysis, corporate pension plans and evaluation of Social Security benefits. He earned a B.S. in finance from the University of Illinois at Chicago and completed his Chartered Retirement Planning Counselor SM designation in His interests include riding his Harley, playing hockey and being involved in numerous projects at Willow Creek Community Church. Jason and his wife, Cheryl, have two beautiful daughters named Sage and Sloane. 6 MORGAN STANLEY

7 Tex Nayak Registered Associate Namik Beganovic Registered Associate Michelle Jennings Senior Client Service Associate Tex s career began at UBS as an intern in 2006 while he was completing his bachelor s degree at the University of Illinois-Chicago. Tex focuses on many of the behind-thescenes areas that are vital to both our group and our clients. His main areas of emphasis include creating financial plans, assisting in the orchestration of our various speaking engagements and conducting research for our portfolio managers. Tex enjoys playing sports and traveling in his spare time. He and his wife, Sheetal, were married in They welcomed their first child, Ettan, in Namik began his career at UBS Wealth Management working as an intern in Upon graduating from the University of Illinois at Chicago with a B.S. in finance and international business, Namik joined the Davis Wealth Management Group. His primary areas of focus include investment research and security analysis for our portfolio managers. Namik also assists in financial planning and providing service to clients. Namik enjoys reading, traveling and spending time in downtown Chicago. Michelle began her career in the financial services industry after earning her bachelor s degree in finance at Governors State University in She works closely with our clients assisting them with account opening, transfers and distributions. Being a veteran of the wealth management industry with additional experience in the banking field, Michelle is able to assist clients with all of their service needs. In their free time, Michelle and her husband, Darrel, like to garden and attend wine tastings. THE DAVIS WEALTH MANAGEMENT GROUP 7

8 Ashley Trompeter Client Service Associate Ashley became a Client Service Associate for the Davis Wealth Management Group in 2007, where she has played an integral role in helping clients with their account needs. Ashley strives to achieve outstanding customer service with all client interaction. Ashley specializes in coordinating client dinners and events. She assists Ted in organizing quarterly conference calls and managing his schedule. She graduated from Illinois State University with a bachelor s degree in communication studies. Ashley and her husband, Bob, live in the Chicago suburbs. They welcomed their first child, Taylor, in early They enjoy regular get togethers with their friends & family, cooking and spending time outdoors. Marina Kawamura Client Service Associate Marina joined The Davis Wealth Management team full time in November 2015, after participating in the internship program for eight months. Marina strives to create close personal relationships with clients, while servicing them with their account needs on a day to day basis. Clients typically find Marina most helpful when they are looking to open or transfer retirement and non-retirement accounts. She also assists clients with withdrawing and depositing funds when needed. Marina received her B.S degree in Finance from DePaul University. She enjoys trying new restaurants, watching movies, and spending time with her family, friends and dog Capri. Marina Daka Client Service Associate Marina Joined the Davis Wealth Management Team in January of Marina provides individualized service and support to clients by anticipating needs and following through to ensure an exceptional experience. In June of 2016, she graduated from DePaul University with a B.S. in Finance. Prior to joining the group, she was a part of the strategic partnership team with a local Chicago Tech start-up. She also spent time interning with MillerCoors in their space planning Division before realizing her passion was in the financial services industry. In her free time, Marina enjoys cooking with friends & family as well as traveling. 8 MORGAN STANLEY

9 Andrew Gorordo Client Service Associate Andrew began his financial services career in the summer of 2016 as a financial planning intern with UBS. Upon earning his BBA in Finance from Loyola University of Chicago, Andrew joined the Davis Wealth Management Group. His primary focus is to ensure that families are well-prepared for their transition to retirement by setting them up with a personalized retirement plan. Furthermore, Andrew also assists in the orchestration of Ted s speaking engagements, and plays an integral role in the development of the team s digital media initiatives. Andrew currently resides in Mount Prospect. In his spare time he enjoys playing golf and pond hockey, attending sporting events, and traveling.

10 A Consultative Process Charting a prudent course to financial independence requires a well-conceived, personalized financial plan with defined, longterm goals. Our consultative wealth advisory process was developed to help generate that plan. Its key steps are designed to result in a broad, cohesive plan for your financial future. 1 We will begin by discussing what matters most to you and what you want to accomplish with your wealth. In addition to your finances and investments, we will talk about you, your values, lifestyle, your worries and what you are passionate about. 10 MORGAN STANLEY

11 Discover Analyze 2 We will analyze your personal and financial information, assess risks, and identify potential threats to your financial health. Then we will present you with a comprehensive plan to help address your income and cash flow needs, borrowing requirements, asset protection, retirement planning, wealth transfer and philanthropy goals. Review Implement 3 Our objective approach to implementing your plan will pay special attention to how its various aspects can affect, enhance and integrate with each other. When appropriate, we will suggest seeking additional, in-depth advice on particularly complex planning, financial and family issues we have identified. 4 We will review your portfolio together at your request. And when your circumstances change, we will work with you to revise your strategy and reposition your assets to reflect your new needs and goals.

12 Creating Your Plan To be truly effective, your plan must reflect the totality of your personal and financial life. Our role is to help ensure that your investment objectives are consistent with pressing financial concerns and your long-term aspirations. These four steps were developed to achieve that goal: 1 Setting your financial objectives Through a process of discovery and discussion, we will work with you to articulate your aims for your wealth. Together, we will examine your current and future liabilities, income sources and cash flow needs, and then consider factors that might influence your overall strategy, including tolerance for risk, tax concerns, liquidity needs and time horizon. Through careful analysis, the team will look for potential gaps that may exist between you and your goals, and develop sound strategies to help smooth the path. 2 Creating your strategy Working from our understanding of you and your objectives, we will propose a financial plan that contains specific strategies designed to help meet those goals. Our advice may encompass issues such as retirement planning, business continuation, tax minimization potential and wealth transfer. You will also receive an asset allocation strategy designed to provide diversification for your portfolio. 3 Implementing your strategy After discussing and refining your strategy, we will work closely with you to bring the elements to life. Should we decide together that outside money managers are appropriate for you, the team will draw on indepth research and analysis to help you select from the hundreds of investment management firms available to you. If you prefer to invest in individual securities, we can help identify specific stocks, bonds and other securities that may be suitable for your portfolio. Whatever approach we decide on, we will help you keep your strategy on track. 4 Reviewing objectives and performance We view ongoing communication as the foundation of our successful collaboration with you. We will make every effort to keep abreast of your changing financial needs and provide viable strategies to help you meet them. This means reviewing your portfolio together at your request. When your circumstances change, we will work with you to revise your strategy and reposition your assets to reflect your new needs and goals. 12 MORGAN STANLEY

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14 For Life's Most Important Goals With experienced professionals and the right resources, reaching your most important goals can be less challenging and more rewarding. We are ready to help you meet your goals, by combining our insights into your needs with the resources of Morgan Stanley. Setting a confident course Thorough, thoughtful planning planning that analyzes where you are as well as where you want to go is the most important step in establishing a path to your goals. We will work with you to explore and define your objectives and needs, and then structure a plan that is uniquely your own. Balance sheet analysis Retirement planning Education planning Estate planning strategies Multigenerational planning Insurance Strategic consulting and transactions Managing the rewards of success Managing an investment portfolio should be a consultative, disciplined process that balances your attitudes and goals as an investor with careful analysis of the financial markets and the risks and opportunities they hold for you. You can rely on us for objective strategic advice in structuring your portfolio and for careful analysis of any investments we consider together. Asset allocation Investment management Traditional investments Alternative investments Structured investments Separately managed accounts

15 Shaping your retirement Together, we can work to make decisions that could help you move toward the retirement you expect. Whether you are building retirement wealth or making the transition to generating income from your assets, we can help you develop and implement a strategy based on your vision of retirement. IRAs: - Traditional - Roth IRA rollovers Roth conversions Building a unique legacy Estate planning strategies typically brings together the dimensions of life: personal, family, financial and charitable. We will work with you to understand the connections between your life and legacy goals, and work with your accountant and attorney to help you develop a strategy to position your portfolio appropriately. Educating new generations Helping to meet the education costs of children and grandchildren may be one of the most attractive and personally fulfilling investment opportunities available to you. We can help you access appropriate investment vehicles 529 plans and custodial accounts. Giving back through philanthropy Many successful individuals seek opportunities to support cultural and educational institutions, and nonprofit organizations and activities. Properly undertaken, charitable giving can provide planning flexibility and benefits for you. We can help you analyze and implement a strategy that rewards you while it benefits causes you care about. Charitable lead and remainder trusts Family foundations Donor advised funds Helping strengthen your business The links between business ownership and personal wealth are many and complex. Whether your objective is to grow your business, realize its value through a succession strategy or sale, or maintain family ownership by the next generation, we can examine your alternatives in light of both business and personal objectives. And, should circumstance require it, we can use the access to banking and lending services of Morgan Stanley. Credit facilities Cash management Retirement plans Strategic consulting and transactions Succession planning Helping protect your wealth Insurance can play a critical role in virtually any comprehensive financial strategy, helping you to protect the value of your assets, protect your income and your family s financial security even perform important functions in a business succession or estate plan. We can help you analyze your current insurance portfolio and work to update your coverages to fulfill personal and strategic goals. Life and disability income insurance Life insurance trusts Key-person insurance Helping meet current liquidity and banking needs Managing personal cash and securing liquidity for personal needs and opportunities are the day-to-day aspects of implementing a financial strategy. We can help you meet your personal cash management and borrowing needs while thinking strategically about how approaches may affect current and longterm costs and taxes. Home finance THE DAVIS WEALTH MANAGEMENT GROUP 15

16 $1.8 Trillion CLIENT ASSETS 6.6 Million CLIENT ACCOUNTS 16,321 FINANCIAL ADVISORS 1,200 GLOBAL LOCATIONS CEO AND SENIOR MANAGEMENT TEAM WITH DEEP WEALTH MANAGEMENT EXPERIENCE NEARLY80YEARS OF EXPERIENCE One of the World s Strongest Investment Organizations Stands Behind Your Financial Advisor 1 1 All information for Morgan Stanley as of Q2 2013, unless otherwise stated. 2 Information for Morgan Stanley as of Q Information for Morgan Stanley Wealth Management as of Q

17 INVESTMENT INSIGHT WITHOUT LIMITS WHO OFFERS SOME OF THE BEST INVESTMENT THINKING FROM AROUND THE WORLD? MORGAN STANLEY PROVIDES COMPREHENSIVE COVERAGE OF EVERY MAJOR MARKET AND ASSET CLASS, AS WELL AS INVESTMENT RESEARCH FROM SOME OF THE MOST RESPECTED ANALYSTS. OUR CULTURE VALUES LIVELY DEBATE AND AN OPEN EXCHANGE OF IDEAS AS THE BASIS FOR DISTINCTIVE, SOPHISTICATED STRATEGIES. INTELLECTUAL CAPITAL, GLOBAL PERSPECTIVE. As a client, you have access to the strategic and tactical views of some of the world s most seasoned and respected investment professionals. The members of our Global Investment Committee develop strategies that help to inform the decisions of clients across Morgan Stanley. With Morgan Stanley, Financial Advisors have access to the work of research analysts who cover key geographic and economic sectors, as well as 3,000 companies. This research is directly available to our Wealth Management clients, as are the market insights, research and analytic views of fixed income and equity sales. SOPHISTICATED STRATEGIES, RIGOROUS RISK MANAGEMENT. The Global Investment Committee is an especially valuable resource to you and your Financial Advisor. The committee creates model portfolios based on rigorous statistical techniques which guide both institutional and individual investors and reflect a range of time horizons, risk profiles and wealth levels. Also, the committee makes tactical suggestions based on a comprehensive analysis of the investment landscape. It is all done with an eye on achieving the most efficient balance of risk and return to help maximize the likelihood of meeting your objectives. A PREMIER TRADING AND EXECU- TION PLATFORM. Morgan Stanley is one of the only wealth management firms with a standalone, principal-driven capital markets platform dedicated to the needs of individual investors and Financial Advisors. Our 175 capital markets professionals are an experienced, highly responsive and knowledgeable resource available to you. A BROAD OFFERING OF INVEST- MENT CHOICES. You also have access to a variety of mutual funds, including a group of funds that is vetted and continuously monitored by the Consulting Group s team of manager research analysts and investment professionals. These specialists are responsible for an openarchitecture platform that includes more than 1,000 investment vehicles and strategies a broader offering than that of any other investment firm. You have the flexibility to choose any of these vehicles, with guidance from a Financial Advisor focused solely on your best interests. Please read important disclosures on the back cover of this brochure CRC CS /14

18 Start the Conversation We are dedicated to providing you with the strategies and resources that can help you achieve your retirement goals in today s changing financial environment. The Retirement Standard is meant to help connect all the pieces of your financial life with a comprehensive plan of action designed to help put you on a path to the retirement you envision. 18 MORGAN STANLEY

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20 Barron's Top 1,200 Advisors, March 6, 2017, as identified by Barron's magazine, using quantitative and qualitative criteria and selected from a pool of over 4,000 nominations. Advisors in the Top 1,200 Financial Advisors have a minimum of seven years of financial services experience. Qualitative factors include, but are not limited to, compliance record and philanthropic work. Investment performance is not a criterion. The rating may not be representative of any one client's experience and is not indicative of the financial advisor's future performance. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors pays a fee to Barron's in exchange for the rating. Barron's is a registered trademark of Dow Jones & Company, L.P. All rights reserved. Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates. Since life insurance and long term care insurance are medically underwritten, you should not cancel your current policy until your new policy is in force. A change to your current policy may incur charges, fees and costs. A new policy will require a medical exam. Surrender charges may be imposed and the period of time for which the surrender charges apply may increase with a new policy. You should consult with your own tax advisors regarding your potential tax liability on surrenders. Tax laws are complex and subject to change. Morgan Stanley Smith Barney LLC ( Morgan Stanley ), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice and are not fiduciaries (under the Internal Revenue Code or otherwise) with respect to the services or activities described herein except as otherwise provided in writing by Morgan Stanley and/or as described at Individuals are encouraged to consult their tax and legal advisors regarding any potential tax and related consequences of any investments made under such account. Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services. Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED MAY LOSE VALUE NOT BANK GUARANTEED NOT A BANK DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The strategies and or investments discussed in this material may not be suitable for all investors. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a Financial Advisor. The appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives Morgan Stanley Smith Barney LLC. Member SIPC /2018 CRC