Kindred/Stephens Group at Morgan Stanley Smith Barney

Kindred/Stephens Group at Morgan Stanley Smith Barney

Mission Statement Our mission is to help affluent individuals and their families create, manage, preserve and transfer wealth. The core of this partnership is our shared philosophy of integrity and a commitment to excellence. This, combined with our experience, knowledge and resources allows us to offer a more comprehensive and unique relationship. Our planning based approach enables us to focus not just on performance management, but also on risk management strategies customized to each client. Vision Statement Capitalizing on our wide range of experience and resources, we endeavor to have a meaningful and positive impact on our community s most influential families. Building our relationships based on trust and respect allows us to serve as our clients primary wealth manager. The cornerstone of our investment philosophy is the financial plan, which enables us to create the roadmap for making our clients goals and dreams a reality. To be recognized by clients, colleagues and competitors as the standard of excellence for wealth management is the measure of our success. MORGAN STANLEY SMITH BARNEY/3

Meet the Professionals VALLI J. KINDRED Vice President-Wealth Management Financial Planning Specialist CHAD STEPHENS, CFP Vice President-Wealth Management Financial Planning Specialist Valli is currently a Financial Planning Specialist at Morgan Stanley Smith Barney. After growing up in West Texas she graduated from University of Texas at Arlington with a Bachelor of Science in 1978. Valli began her career in the financial services industry in 1980 with E.F. Hutton; which evolved into what is now known as Morgan Stanley Smith Barney. Since that time she has held various positions within a branch office gaining a wealth of knowledge beneficial to clients, including a partnership with her mother and mentor, Miriam Kindred. She received her Financial Planning Specialist designation in 2004. When Miriam retired in 2006 Valli and Chad joined forces and created the Kindred/Stephens Group. Valli is a breast cancer survivor and an active fundraiser for Susan G. Komen. She enjoys most all outdoor activities, being partial to swimming, walking and bike riding. At home she loves to read and spend time with her four dogs. Chad is currently a Financial Planning Specialist at Morgan Stanley Smith Barney and has worked in the financial services industry since 1995. After graduating from Highland Park High School, he majored in business finance at the University of Texas and received his BBA in 1994. Chad returned to Dallas after college to begin his career as a financial consultant with Merrill Lynch. He moved to Smith Barney in 2002, lured by the firm s breadth of services, award winning investment research and reputation for excellence. Attending classes at night, he graduated from Southern Methodist University s Certificate Program in Financial Planning in 2005 and went on to become a Certified Financial Planner that same year. He and his wife, Danielle, have two children, Charlie and Georgia. They enjoy traveling as a family and boating at area lakes; and when possible Chad likes to get away for hunting and fishing. The Stephens are members of Saint Michael and All Angels church, where Chad has been going since childhood and where he and Danielle were married in 2002. 4/MORGAN STANLEY SMITH BARNEY

COURTNEY RILEY Client Service Associate Financial Planning Associate Courtney is currently a Senior Client Service Associate at Morgan Stanley Smith Barney. She began her career in the financial services industry in 1999 Tyler in TX where she held several positions within the branch office before becoming a Client Service Associate full time. She moved to the Dallas Crescent branch in 2005 and joined the Kindred/Stephens Group in 2006. Courtney enjoys participating in marathon runs for charity, shopping and spending free time with family and friends. MORGAN STANLEY SMITH BARNEY/5

The Way We Do Business We know how hard our clients work for their money, and why. They do it to build a meaningful life for themselves, their family and their community. We work just as hard to help them achieve that life. We are backed by years of experience helping clients manage their wealth and access the depth of resources that comes from being part of one of the world s largest financial firms. But before we develop any specific recommendations, we take the time to understand who you are as an individual and what you want to accomplish with your wealth and your life. We will work through the following process together: 6/MORGAN STANLEY SMITH BARNEY

STEP 1. SETTING YOUR FINANCIAL OBJECTIVES We'll begin our relationship by asking questions a lot of questions. Like what you want to do with your life, the things you want to have, and whether you d like to pass any of your wealth to others. We'll ask about your current financial resources, your time horizon for various goals, your tolerance for risk even how your liabilities are structured. If you re a business owner, we also might discuss your current banking and cash-management needs. STEP 2. DEVELOPING YOUR WEALTH MANAGEMENT STRATEGY Based on your input, our recommendations will likely 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 achieve a return in line with your risk tolerance and investment time horizon. STEP 3. IMPLEMENTING YOUR PLAN After presenting you with a detailed strategy for your portfolio, we work closely with you to bring the elements to life. Should we decide that outside money managers are appropriate for you, we will rely on our research to select from the hundreds of investment-management firms competing for your business. Or perhaps you'd prefer individual securities; if so, we can identify specific stocks, bonds and other securities that would be suitable for your portfolio. Whatever approach we decide on, we will help keep your portfolio on track. STEP 4. REVIEWING YOUR PERFORMANCE When your personal situation or market conditions change significantly, we can recommend adjustments to your portfolio as necessary. Additionally, you will receive a comprehensive quarterly review that outlines your portfolio s performance and whether it is on track toward meeting expectations. Diversification does not guarantee a profit or protect against loss. MORGAN STANLEY SMITH BARNEY/7

Making Plans: We Will Do Them Together Smart planning starts with asking the appropriate questions and knowing where to find the answers. We know that reaching your goals requires a sound financial plan one you ll stick to when short-term worries and temptations threaten to cloud your judgment. We ll begin the planning process with a discussion of your goals and concerns. What do you want to do with your money? What do you want to have? What do you want to give to others? And what could stand in your way? Once we understand the answers to these questions, we ll create a complimentary, written comprehensive plan that can include the following components: Net worth analysis Every comprehensive plan starts with a thorough inventory of your assets and liabilities to help us assess your net worth, now and over time. The goal is to get all of your assets working together toward achieving your goals. Retirement analysis Your plan will identify how much you may to have at retirement, and whether it will be enough to support you. We ll detail your sources of income and specify how much you ll need to save to overcome any projected shortfall. If you re retiring or changing jobs, your plan will include strategies for preserving the tax-deferred status of your company retirement plan. Asset allocation We will include a recommended investment strategy based on your goals, risk tolerance and time horizon. Education funding As part of the planning process, we ll ask about any education funding needs you may have for children or grandchildren. Your plan will estimate the future cost of education, provide a savings recommendation, and show the potential growth of various savings vehicles, including 529 College Savings Plans. Insurance If you have a family, you need to ensure that they ll be able to maintain their lifestyle in case something happens to you. We ll help you determine an appropriate level of insurance coverage and review your life, disability and long-term care policies. Equity compensation If you work for a publicly traded company, much of your compensation may be in the form of stock options and restricted stock. In your plan, we ll show you the potential gains and tax consequences associated with exercising options and selling company stock. Estate planning Based on the current and projected value of your assets, we ll estimate the amount of estate taxes your heirs may have to pay. We will work with your tax and legal experts to include strategies aimed at reducing those taxes, such as lifetime gifting, the proper titling of assets, and trusts. In creating your personal comprehensive plan, we will work to help identify your critical financial goals and establish a framework for pursuing them. Together, we ll pull the different parts of your financial puzzle into a thorough, integrated plan that s flexible enough to grow and change along with you. Let s get to work. 8/MORGAN STANLEY SMITH BARNEY

Wealth Management Resources Wealth Planning Income and cash-flow planning, strategic borrowing, asset protection, wealth transfer, investment analytics Retirement Planning: income and cash flow, 401(k) plans, IRA rollovers Education Planning: education-savings accounts, 529 college-savings plans, custodial accounts Estate Planning: trust structures, lifetime gifts, insurance planning, charitable giving Online Account Access: account information-even on accounts held outside Morgan Stanley Smith Barney-is listed on one page at smithbarney.com Capital Strategies Group: investment-banking services for closely held and family-owned businesses; services include exit strategies and liquidity solutions, mergers and acquisitions (primarily sell-side), partial exits including recapitalizations; employee stock ownership plans; and capital solutions Insurance: business-owner life insurance, disability and long-term care insurance, key-person insurance, executive benefits, insurance to fund buy-sell agreements, insurance to fund deferred compensation plans FMA (Financial Management AccountSM): simplified cash management, Automatic Funds TransferSM, online bill payment, FMA MasterCard, Debit card with a free rewards program, account distributions, tax reporting Investment Consulting and Management Customized asset-allocation advice, extensive investmentadvisor research, automatic rebalancing, ongoing monitoring and performance reporting Smith Barney Advisor: fee-based, non-discretionary investment-advisory services through Smith Barney Advisor; ongoing asset-allocation monitoring Alternative Investments: a diverse range of alternative strategies such as private equity, hedge funds, private real estate, fixed income alternatives, exchange funds and managed futures TRAK: ongoing mutual-fund research and analysis, professional asset-allocation recommendations, detailed quarterly performance reviews (see prospectus disclosure on back) Borrowing Restructure debt, improve cash flow, facilitate estate planning, pledge collateral to help family members, access capital to operate and expand a business, finance a home Wealth Preservation and Transfer Can help protect wealth from creditors and taxes; transfer assets, business holdings and values to future generations Investment Advice: diversification and asset allocation; downside protection and liquidity strategies for concentrated positions Insurance: income protection; wealth transfer strategies; business-continuity strategies; life, disability and long-termcare policies Trust Services: administration, management and distribution of trust assets Philanthropic Services: integrating philanthropy into wealth planning; donor-advised funds, charitable trusts and family foundations Select Portfolios: a choice of diversified strategies and professional asset-management services delivered in a single investment portfolio MORGAN STANLEY SMITH BARNEY/9

The Morgan Stanley Smith Barney Advantage Our approach is simple. We want to know as much as we can about our clients, so we re in the best possible position to help them. And that doesn t mean we just want to know about their finances True, we have to understand what your assets and liabilities are, and how your portfolio is structured. But the more important information has to do with your goals for yourself and your family, your feelings about where you are and where you hope to be and, of course, your fears, and the things that might prevent you from getting what you want. Because everyone is different, we tailor our recommendations for each client s unique set of goals and challenges. Maybe you want to retire at 55 and start a new business. Maybe you want to be able to pay both college tuition for your child and nursing home care for your mother. Maybe you re in the middle of a divorce and you want to ensure your children s inheritance doesn t go to the future spouse of your ex. This in-depth knowledge of you, combined with our in-depth knowledge of planning and investing, will help us create strategies aimed at trying to achieve the things you really want. And we have the freedom and the good fortune to implement those strategies using the products, services and skills of a large financial services firm. It s time to throw out your notions of what you can talk about with us. We look forward to the conversation. 10/MORGAN STANLEY SMITH BARNEY

Kindred/Stephens Group at Morgan Stanley Smith Barney 200 Crescent Court Suite 900 Dallas, TX 75201 TELEPHONE: 214.661.7060 TOLL-FREE: 800.527.5814 FACSIMILE: 214.855.7909 valli.j.kindred@smithbarney.com chad.stephens@smithbarney.com courtney.m.riley@smithbarney.com www.fa.smithbarney.com/kindredstephensgroup Morgan Stanley Smith Barney LLC and its affiliates do not provide tax or legal advice. To the extent that this material or any attachment concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor. 2009 Morgan Stanley Smith Barney LLC. Member SIPC.