Rick Gumina, CRPS®, QPFC, C(k)P

As a client, you will have access to a comprehensive suite of cash management solutions that offer a competitive alternative to traditional banking. Through your Morgan Stanley Active Assets Account or CashPlus Brokerage Account, you can utilize these solutions to effectively manage your daily finances. Additionally, we offer qualified clients financing options for nearly any personal or business need by using eligible securities in your brokerage account as collateral for a flexible line of credit.

Managing an investment portfolio should be a consultative and disciplined process that harmonizes your investment preferences with a detailed analysis of the financial markets. By collaborating, we develop a personalized strategy that incorporates time-tested investment principles to ensure your assets grow appropriately or provide the cash flow or income you need.

We work in partnership with Morgan Stanley's Family Office Resources Group to identify and implement the tax and estate strategies that best align with our clients' financial goals, values, and liquidity needs. This guide assists our clients in gaining a general understanding of tax and estate planning techniques and their financial implications.

Disclaimer:
The term "Family Office Resources" is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.

Our comprehensive approach to managing risk combines effective hedging strategies with our advanced Portfolio Risk Platform. Hedging strategies are designed to mitigate the impact of short-term corrections in asset prices, with effectiveness and cost being the primary considerations. We assist in removing the uncertainty of how to hedge against various types of risk, tailored to your personal situation.

Complementing this, our Portfolio Risk Platform utilizes institutional-caliber analytics to evaluate thousands of risk factors through a holdings-based approach. This allows us to assess a portfolio's exposures, analyze how securities interact across portfolios, and forecast their influence on risk and return moving forward.

Committees and administrators face the intricate task of crafting suitable investment policy statements, evaluating performance, and identifying top-tier fund managers. We assist you and your investment committee in mitigating risk and enhancing returns, enabling you to preserve principal and generate income for your philanthropic initiatives.

For entrepreneurs, assembling a cohesive advisory team that offers legal, tax, investment banking, and investment guidance is essential. This toolkit highlights the strategic decisions and considerations that emerge as an entrepreneur advances through their lifecycle—from establishing a business to engaging in post-liquidity financial planning.

If future growth in value is anticipated, liquidity events such as mergers, acquisitions, or initial public offerings can offer opportunities for income and estate planning. These events also underscore the importance of creating or updating key estate planning documents. For more information on how our team can assist you, please review the following brochure.

We are committed to supporting you at every stage. We carefully assess your tax and estate structures to ensure their tax characteristics are precisely incorporated into the asset allocation analysis we perform for you.

Your philanthropic goals are as unique as your vision for a better world. However, defining these objectives can be challenging given the multitude of worthy causes and unmet needs.

As you approach and move through retirement, we will work together to identify the most appropriate investments to protect your financial future and legacy. By regularly monitoring and updating your plan, we help ensure you have the income and resources needed to enjoy the lifestyle you envison.

When it comes to providing institutional-level support for your family office, scale matters. Our offering aims to bring together specialized investment services and operational support to enhance your life and legacy.

A Summary of Key Legislative and Regulatory Developments Affecting Retirement Savings

Given the backdrop of a corporate retirement industry that requires access to sensitive plan participant data, guidance by the DOL and the importance of plan fiduciaries remaining compliant to the DOL, this piece illustrates how Morgan Stanley helps protect plan participant data through cybersecurity vis-à-vis DOL guidance and considerations to handling while ensuring its security and integrity.

• Rollovers to Roth IRAs from 529 Plans
• Domestic Abuse Penalty Tax-Free Withdrawals
• Emergency Expense Distributions
• IRA Catch-up Contribution Limit will be Indexed for Inflation
• Modifications to SIMPLE IRA contribution rules and Limits
• Increase Involuntary Cash-Out Limit
• Qualified Plan Designated Roth Account Distribution Rules

Insights into how plan sponsors view Nonqualified Deferred Compensation Plans (NQDC Plans) as a critical employee benefit— and a powerful tool for retaining key employees. Access the survey to learn more on:

• Compelling strategies to help attract and retain top talent, including senior executives.
• How NQDC Plans are highly valued by key employees
• How NQDC Plans serve as a significant differentiator in today's competitive market
• How Deferred Comensation plans can be valuable wealth planning tools for your employees and are proving essential in executive compensation strategies with their tailored and flexible plan features.