The Coren/Edelman/Ogur Group at Morgan Stanley Smith Barney

The Coren/Edelman/Ogur Group at Morgan Stanley Smith Barney

31 West 52nd Street 23rd Floor, New York, New York 10019 212-230-3680 / Main 800-654-1557 / Toll-Free 212-307-3863 / fax seth.coren@mssb.com

The Coren/Edelman/Ogur Group at Morgan Stanley Smith Barney As the financial world becomes more complex and investment choices multiply, careful planning becomes ever more important to helping you achieve your financial goals. As Financial Advisors, our role is to work with you to help you develop a plan that lays out a clear path to your goals a plan that we develop in collaboration with you, and one that you can follow with confidence in the face of the market s ups and downs. Together, we will explore a broad range of topics that are likely to influence your financial future from your family situation to your career aspirations, from likely education expenses to the retirement you ultimately envision. What we learn will become the foundation for a financial and investment strategy based on who you are and where you want to go. Only then will we talk with you about the details of investing: how much risk makes sense, your asset allocation, and which investments are right for your portfolio. But that s just the beginning. Over time, we will revise your plan to reflect new aspirations and priorities, helping your plan keep pace as the markets change and your life unfolds. The Coren/Edelman/Ogur Group 3

Meet the Professionals Working with many types of individuals and families has given our team the experience, perspective and skill to help you build a financial future. You will work with professionals who can translate your goals into a custom designed wealth plan customized to you and your needs for your financial future. Moreover, because we work as a team, you will always have access to a Financial Advisor who understands your specific goals and strategy. 4 Morgan Stanley Smith Barney

Seth A. Coren, CFP Family Wealth Director Senior Vice President Financial Advisor Edward J. Edelman Senior Vice President Financial Advisor Robert B. Ogur Senior Vice President Financial Advisor Seth joined Morgan Stanley Smith Barney in 1998* and has 13 years of experience in the financial services industry. Seth is a participant in Morgan Stanley Smith Barney s Family Wealth Director program, a group of 200 advisors, selected from amongst 18,500 peers, as of June 2009, for their extensive knowledge and experience. This is recognition of his commitment and sophisticated approach to helping clients meet complex wealth management requirements.. Seth is also a CERTIFIED FINAN- CIAL PLANNER, a highly recognized designation in our industry, awarded to those who have met the rigorous experience and ethical requirements of the CFP Board, have successfully completed financial planning coursework and have passed the CFP Certification Examination. Seth s education and experience provide a strong platform for a comprehensive approach to wealth management. Seth is a graduate of Duke University, and currently resides in Manhattan with his wife, Yana, and two children, Zoe & Alex. *Includes years at Smith Barney, affiliates and predecessor firms Ed has been registered in the financial services industry since 1966. Prior to joining Harris Upham, a predecessor firm to Morgan Stanley Smith Barney, in 1968, he trained under the tutelage of his father, Saul Edelman, a member of the New York Stock Exchange. Growing up in the industry, Ed came of age reading the ticker tape. His significant experience following the capital markets is a tremendous asset to our team. For many years, Ed was appointed to the Director s Council, recognizing his achievements as one of the firm s top Financial Advisors. Ed was a former New England high school wrestling champion, before pursuing undergraduate studies at Franklin & Marshall. He later attended the NYU School of Commerce. Ed and his wife, Linda, split time between Palm Beach Gardens, FL and Saddle River, NJ, where they dote upon their three granddaughters, Sami, Emmi, and Nikki. Bob entered the securities industry with Merrill Lynch in 1974. He then joined E.F. Hutton, a predecessor firm of Morgan Stanley Smith Barney, in 1979. Bob has served in Branch Management and has extensive experience in fixed income securities. After graduating from Otterbein College in Ohio, Bob served our country in Vietnam as a Captain in the US Air Force. He is a motorcycle enthusiast and can often be found enjoying a ride on his Harley Davidson. Bob, his wife Nancy, and Mesa (a goldendoodle), live in East Hills, New York. Bob and Nancy have two children, Jeremy and Jenny. The Coren/Edelman/Ogur Group 5

Amanda G. Motley Portfolio Management Associate Jeremy J. DiLullo Registered Client Service Associate Meghan A. Veljacic Financial Planning Associate Amanda graduated from Texas A&M University with a Bachelor of Business Administration in Finance in 2004. Upon graduation, she moved to Atlanta, Georgia, where she began her career in Wealth Management at Carter, Terry & Company. She joined Morgan Stanley Smith Barney* in the Fall of 2007, and transferred to New York in 2009. Amanda joined our team in 2011. She is responsible for portfolio management operations and monitoring, as well as asset manager and mutual fund analysis. A resident of Manhattan and former marathoner, Amanda enjoys volunteering, baking, and exercising. *Includes years at Smith Barney, affiliates, and predecessor firms Jeremy is a Registered Client Service Associate who joined Morgan Stanley Smith Barney* in 2006 in Greenwich, Connecticut. During that time, Jeremy gained experience in the operations and management support areas of Wealth Management while working closely with teams of financial advisors. Jeremy joined our team in 2009 and is primarily responsible for marketing, account maintenance, and insurance and analytic support. Jeremy graduated Fordham University in the Bronx, New York, with a degree in Finance. He is an avid sports fan and currently resides in Yonkers, New York. *Includes years at Smith Barney, affiliates, and predecessor firms Meghan is a Registered Associate at Morgan Stanley Smith Barney*, and has been with the firm for 5 years. During this time, she has completed the internal designation of Financial Planning Associate. Individuals with this designation have undergone specialized financial planning training in areas including retirement planning, estate planning, and investment strategies. Meghan is a graduate of Gettysburg College with a degree in Economics and a minor in Political Science. During her college career, she had the opportunity to study abroad at the University of Queensland in Brisbane, Australia. Post graduation, Meghan attended the Swiss Finance Academy s Investment Banking Training Program in Crans- Montana, Switzerland. Meghan provides the team with financial planning support and assists with daily responsibilities of managing and operating a financial planning/investment management practice. An active member in the community, Meghan is a member of New York Cares and currently resides in Hoboken, New Jersey. *Includes years at Smith Barney, affiliates, and predecessor firms 6 Morgan Stanley Smith Barney

Developing Your Wealth Management Strategy Individuals work hard to build wealth in pursuit of a meaningful life for themselves and their family. Your achievements reflect substantial effort, and we will work just as hard on your behalf, committing our experience and skills to helping you achieve your unique goals for your wealth. Moreover, we will support you and your strategy by accessing the resources and perspective of one of the world s largest financial firms. Before our team offers specific advice, however, we must understand who you are and what you want your wealth to accomplish. Working with you, we will complete a four-step process: 1 Setting your financial objectives We will begin our relationship by listening discussing a range of topics related to your financial needs and investment objectives: long-term life goals and expectations, possible major purchases, and legacy and charitable goals, if you have them. We will discuss your current financial resources, your time horizon for various goals, your tolerance for risk even how your liabilities are structured. If you own a business, we also might discuss your current banking and cash management needs. 2 Developing your wealth management strategy Based on your input, our advice will likely help address income and retirement planning, asset protection, investment management, strategic borrowing, wealth transfer and business succession. Of course, your plan will include an asset allocation strategy designed to help achieve your financial goals in light of your risk tolerance and investment time horizon. 3 Implementing your strategy After we have discussed and refined your strategy, the team works closely with you to bring the elements to life. Should we decide together that outside money managers are appropriate for you, we will draw on in-depth 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, the team will help you keep your strategy on track. 4 Reviewing your performance You will receive a quarterly review that outlines your portfolio s performance, helping you track progress toward your objectives. Moreover, when your personal situation or market conditions change significantly, we can suggest appropriate adjustments to your portfolio to help it remain aligned with your goals. 8 Morgan Stanley Smith Barney

For Life s Most Important Goals With an experienced professional 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 insight into your needs with the resources of Morgan Stanley Smith Barney. 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 Multigenerational planning based on your vision of retirement. Roth conversions 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. 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 The Coren/Edelman/Ogur Group 11

Risk Management The ups and downs of the markets is just one kind of risk but so is not protecting my assets and my family. How do I protect what I care about most? Retirement When I retire, it will affect just about everything that matters: my lifestyle, my company, my family. Is there a way to plan for retirement that takes it all into account? Integrated Planning Decisions about both assets and liabilities need to be made in the framework of important life goals. What steps are also the most tax efficient? How can a strategic approach to banking and lending simplify my financial life and maximize the value of what I own? Education Funding Will I be able to pay for a good education for my children and my grandchildren? Business Strategies How do I manage my personal wealth with so much tied up in my company? Investment Management I have so many goals and priorities. How can one investment strategy balance them all? Liquidity I can predict some expenses, but others I know I can t. How can I plan to have the cash I need? You Benefit From a Profound Understanding of the Full Range of Wealth Management Needs Estate Planning Making sure my estate goes to the people and organizations I care about is a priority. How do I transform my assets into a legacy? Charitable Pursuits The charities I support are like extended family. How do I maximize the good I can accomplish?

A CULTURE of EXCELLENCE OvER ThE years, you have made many financial decisions. OnE in particular is LikELy TO have A LAsTing impact On your well being And ThAT Of your family: ThE ChOiCE Of A financial AdvisOR. Investors who choose Morgan Stanley Smith Barney often tell us that their reasoning is simple. They choose a Financial Advisor and a firm that mirrors the values propelling their own success: a commitment to perform at the highest level for their clients, with no shortcuts, compromises or excuses. a strong, steady force in a changing industry CEO and senior team with deep wealth management experience 130 years of combined experience 900 global locations 18,000 financial advisors 7 million client accounts $1.5 trillion client assets Unparalleled e xperience. Drawing on many years of experience, Morgan Stanley Smith Barney understands the importance of shaping relationships that reflect client needs, preferences and aspirations. Our firm and Financial Advisors have an in-depth understanding of virtually all the challenges, goals, preferences, styles and strategies that distinguish wealthy investors. Additionally, as a truly global financial institution, we have an equally acute knowledge of financial opportunities and the potential risks. This combination positions us to develop, structure and execute solutions for your most important financial needs, from accumulating wealth to investing for income, from solidifying retirement security to devising a distribution approach that meets your lifestyle and legacy goals. investment insight without limits. 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 guide the management of advisory accounts and help to inform the decisions of clients across Morgan Stanley Smith Barney. The team is currently supported by the work of 350 analysts at two of the world s largest investment banks, Morgan Stanley and Citi, who cover key geographic and economic sectors, as well as 3,000 individual equity securities. You also benefit from a premier trading and execution platform. Think of our 225 capital markets professionals as experienced, highly responsive and knowledgeable partners. performance that meets your measure. Among the most important skills of our Financial Advisors is the ability to listen: to thoroughly understand your financial needs and then align the resources to meet them. Your Financial Advisor can help you evaluate immediate concerns and plan for long-term goals, be a sounding board for your investment ideas, assist you in developing and executing a strategy that is precisely your own and help deliver performance results that meet your needs. Your Financial Advisor is your advocate within our firm, an intelligent editor who selects and aligns the many capabilities of Morgan Stanley Smith Barney for you, delivering the right resources to you in the way that is most appropriate for how you invest and what you want to achieve. one of the world s strongest investment organizations stands Behind your financial advisor Financial Advisors have access to top-flight research from both Morgan Stanley and Citi. Combined, they analyze and track the progress of more than 3,000 companies all over the world. Please read important disclosures on the back cover of this brochure Morgan Stanley SMith Barney 13

Morgan Stanley Smith Barney strives to offer clients the finest in financial thinking, products and execution to help them meet their individual needs and achieve their personal financial goals. When we work together, you ll benefit from personalized advice, objective guidance and dedication to your success as an investor. With access to Morgan Stanley Smith Barney s renowned global resources and investment opportunities, we can help you develop and maintain an optimal investment strategy. Our wealth management strategy will address key areas of your financial life beyond traditional investments and may incorporate diverse recommendations for building and protecting your wealth. 14 Morgan Stanley Smith Barney

Morgan Stanley Smith Barney offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please contact us to understand these differences. Asset allocation and diversification do not guarantee a profit or protect against loss. Morgan Stanley Smith Barney LLC ( Morgan Stanley Smith Barney ) is a registered broker-dealer, not a bank. Where appropriate, Morgan Stanley Smith Barney has entered into arrangements with banks and other third parties to assist in offering certain banking-related products and services. Unless otherwise specifically disclosed to you in writing, investments and services offered through Morgan Stanley Smith Barney, member SIPC, are not insured by the FDIC, are not deposits or other obligations of, or guaranteed by, banks and involve investment risks, including possible loss of principal amount invested. 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. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters. 2011 Morgan Stanley Smith Barney LLC. Member SIPC. 6702066 05/11