The Madden Nerland Group at Morgan Stanley

The first step to achieving your unique goals is to create a sound, comprehensive financial plan. Financial plans provide a roadmap throughout various stages of life.
Certified Financial Planners™ Nick and Steve ensure plans are on track and up to date.

Our team will work with you to understand what your priorities are during these crucial years and implement a customized strategy for you. Whether it is planning for retirement, transitioning into retirement, or already managing your assets in retirement, our team is equipped with the resources and the knowledge to help you accomplish your personal and financial goal.

Rollovers can be beneficial to you in several ways. It can help simplify your life by consolidating your assets. We can help ensure that there is no risky overlap or concentration insecurities. We can make taking required minimum distributions easier. You also have the full suite of an open platform from which to choose investments from.

Disclosures
When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, "Morgan Stanley") provide "investment advice" regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account ("Retirement Account"), Morgan Stanley is a "fiduciary" as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), and/or the Internal Revenue Code of 1986 (the "Code"), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide "investment advice", Morgan Stanley will not be considered a "fiduciary" under ERISA and/or the Code. For more information regarding Morgan Stanley's role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account.

Saving Money for the college costs of a child or grandchild can help limit how much your future student will have to borrow. Consider putting those funds into a 529 education plan, a tax-advantaged way to invest toward education expenses.

Disclosures
The 529 Plan Program Disclosure contains more information on investment options, risk factors, fees and expenses, and potential tax consequences. Investors can obtain a 529 Plan Program Disclosure from their Financial Advisor and should read it carefully before investing. Investors should also consider whether tax or other benefits are only available for investments in your home state 529-college savings plan.
Morgan Stanley Smith Barney LLC ("Morgan Stanley"), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

This process begins with a comprehensive assessment of a clients financial goals, risk tolerance and time horizon. The Whitaker Madden Nerland Team employs diversification, asset allocation and ongoing monitoring to help optimize the portfolios performance.

Disclosures
Asset allocation and diversification do not guarantee a profit or protect against loss in a declining financial market.

Creating adequate cash flow and securing liquidity are some of the more important aspects of executing a financial strategy. We strategically implement goals for your current and long-term costs.

Disclosures
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

Morgan Stanley's comprehensive strategies, diverse talent and global resources enable us to provide flexible and distinctive investment opportunities to help you achieve your financial goals.

Disclosures
Alternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practices that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax inefficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.

Municipal bonds are securities issued by cities, counties, states and other governmental entities to finance projects that are considered beneficial to the public good. Likely projects are: housing, schools, highways, hospitals, sewer systems and other infrastructure.

Disclosures
Interest on municipal bonds is generally exempt from federal income tax. However, some bonds may be subject to the alternative minimum tax (AMT). Typically, state tax-exemption applies if securities are issued within one's state of residence and, local tax-exemption typically applies if securities are issued within one's city of residence. The tax exempt status of municipal securities may be changed by legislative process, which could affect their value and marketability.
Bonds are affected by a number of risks, including fluctuations in interest rates, credit risk and prepayment risk. In general, as prevailing interest rates rise, fixed income securities prices will fall. Bonds face credit risk if a decline in an issuer's credit rating, or creditworthiness, causes a bond's price to decline. Finally, bonds can be subject to prepayment risk. When interest rates fall, an issuer may choose to borrow money at a lower interest rate, while paying off its previously issued bonds. As a consequence, underlying bonds will lose the interest payments from the investment and will be forced to reinvest in a market where prevailing interest rates are lower than when the initial investment was made. NOTE: High yield bonds are subject to additional risks such as increased risk of default and greater volatility because of the lower credit quality of the issues.

A Donor advised fund is a charitable giving vehicle administered by a sponsoring organization such as MS GIFT, a 501(c)(3) public charity. Donor advised funds are structured as 501(c)(3) organizations created with the intent of managing charitable donations on behalf of individuals, families and organizations.

Disclosures
Morgan Stanley Smith Barney GIFT, Inc. is an organization described in Section 501(c) (3), of the Internal Revenue Code of 1986, as amended, and Morgan Stanley Smith Barney Global Fund Trust is a donor-advised fund. Various divisions of Morgan Stanley Smith Barney LLC provide investment management and administrative services to Morgan Stanley Smith Barney GIFT. All contributions to Morgan Stanley Smith Barney GIFT are irrevocable and non-refundable. Contributions and all related future earnings, including any income and appreciation thereon, are no longer the donor's asset's, they are the property of Morgan Stanley Smith Barney GIFT. While we believe that Morgan Stanley Smith Barney GIFT provides a valuable philanthropic opportunity, contributions to Morgan Stanley Smith Barney GIFT are not appropriate for everyone. Please see the Donor Circular and disclosure statement for more complete information on Morgan Stanley Smith Barney GIFT, including a description of risks, fees and expenses. Your Morgan Stanley Financial Advisor may provide liaison services between you, or your advisor(s) and Morgan Stanley Smith Barney GIFT from time to time, including entering grants at you or your advisor's direction. In addition, your Morgan Stanley Financial may provide investment management or other services to Morgan Stanley Smith Barney GIFT, Inc. and/or Morgan Stanley Smith Barney GIFT. However, the compensation paid to your Morgan Stanley Financial Advisor will not result in a charge to your account in addition to the administrative and investment management fees and expenses described in the Donor Circular.

Insurance isn't just for supporting dependents if something happens to you - It can also be part of a long-term retirement strategy. Our finances and goals are interrelated, so the use of insurance as a savings and investment strategy will often affect how best to structure and invest your assets alongside such policies.

Disclosures
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.

Since life insurance is 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.

Long-term care insurance is a crucial component in comprehensive financial planning. Incorporating long-term care insurance, provides clients with a foundation for their long-term financial being.

Disclosures
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.

Since long-term care insurance is 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 may require a medical exam. Actual premiums may vary from any initial quotation.
Guarantees and contractual obligations are backed by the claims-paying ability of the issuing insurance company.

A trust can be a valuable tool for ensuring continuity in achieving the financial objectives you envision for your family, your wholly owned business and philanthropic legacy for years and even generations to come.

Disclosures
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third‐party corporate trustee.

Let's begin with a thorough discussion to explain and ascertain your needs, wants, and values. During a disocvery meeting we will work and collaborate to establish your financial goals by reviewing your current situation to where you want to be.

To conduct a full assessment of your financial situation, we make use of a range of financial planning and risk analysis tools. We them implement up a comprehensive financial plan that can help you accumulate, safeguard, and transfer wealth in line with your objectives.

We work with you to develop a roadmap to help you pursue the outcomes you envision. Each plan we create is unique to each client, and tailored to reach their goals.

This step focuses on creating prospective strategies designed for your specific needs. Recommended changes could include: logistics, tax impact, asset allocation adjustments, and savings and benefit modifications.

We work together to provide a streamlined process to open new accounts and transfers existing assets as part of a smooth transition to Morgan Stanley. Once your new accounts are opened, we assist with online registration to ensure that you are familiar with our website and know how to access your statements, holdings, and activities.

Our relationship with you is extremely important to us, and we want to keep it that way. We communicate with you frequently to provide account updates. Additionally, we keep tabs on how well you're doing in achieving each of your objectives and adjust your financial plan as need when circumstances change.

Welcoming a child into the family is a joyous occasion for everyone—for parents, grandparents, aunts, uncles, siblings, cousins and other extended family members. As a trusted advisor to our clients, we play a critical role in helping you plan and prepare for the financial components that a new child introduces into your lives—everything from planning for the costs associated with birth, adoption or surrogacy; anticipating unexpected medical expenses; understanding gifting requirements; preparing for child care and planning for educational expenses.

Education is a major investment and expense for most of our clients—one that often requires years of careful, advanced planning. As educational costs continue to rise—from primary education through undergraduate, graduate and professional schools—we can help you approach the range of educational expenses, such as tuition, extension programs and advanced professional training, with appropriate funding strategies for your particular situations.

Many of our clients have complex business arrangements, from executive-level employment situations to various levels of investment in a multitude of business ventures—from startups to established enterprises. As their Financial Advisor, we play a critical role in helping them navigate the complexities of business ownership, investment and associated activities such as selling, divesting or planning for succession. Typically, we encounter three primary scenarios with our clients:

• Starting a business
• Funding a business
• Exiting a business

Potential new homeowners are facing different challenges than the generation before them. There are many home financing options when considering purchasing a home property. The Whitaker Madden Nerland Team can connect you with a Morgan Stanley Private Banker who can help you navigate the right strategy for your financing needs.

There are few events more exciting than when our client decides to align their life with the person they love. Of course, there are conversations you should have with your partner before tying the knot. One of the most important is about money—how you will make it, save it, spend it and invest it. In addition, helping fund an adult child's wedding is a goal for many parents (and grandparents). As your Financial Advisor, we can play an important role in helping you plan for these milestones and guiding your conversations.

As you begin to plan for this next stage in life, it is important to evaluate the impact divorce can have on both your personal and financial matters. The more you know and the better understand your financial options, the more likely you are to make sound financial decisions. Learn how to build a solid financial strategy that may help provide you with greater security and flexibility in the future.

Today's 65-year-olds have a high likelihood of living until their mid-80s, and it's not uncommon anymore to reach substantially beyond that. That means you need to plan for a retirement that will span two decades and potentially much more. Longer retirements are great outcomes, but also place a great deal of stress on a household's finances. As your Financial Advisor, we make sure to put a plan in place so that you are able to take on any curveball retirement may throw at you.

Health care costs are rising—especially for retirees, and many will need long-term care. Learn the moves you can make to help prepare yourself.

Dealing with death is never easy. Aside from coping with the loss of a loved one, legal matters also require immediate attention, including administration of the estate. Though it may be hard for individuals to talk about estate planning because of the heartache, addressing it promptly is crucial to saving both time and money, and to minimizing family conflict or confusion. Passing away without a will, known as intestacy, means the state determines how the deceased's assets will be distributed, and this may not be consistent with the family's wishes. Proceedings can also be painful and costly for the family. We believe that is better to plan ahead to ensure that your wishes and your will are followed. A proactive approach to estate planning as a family is better than a reactive one.

Morgan Stanley Online and the Morgan Stanley Mobile App provide clients with access to their account information, enriched reporting tools, several cash management solutions and robust market research. The Morgan Stanley Mobile App provides clients with access to their accounts in just a few minutes.

The Digital Vault on Morgan Stanley Online and the Mobile App allows for easy sharing and convenient access to life's most important documents from wills and deeds to financial statements and tax fillings. Easily manage your encrypted financial records all in one place.

Our clients can take advantages of an efficient and streamlined document management process, which expedites the receipt, review, and execution of essential documents without the delays often associated with traditional mailing methods. The seamless utilization of our eSign feature only requires a valid email address and phone number to commence, making it a hassle-free process for our valued users.

Sign up for eDelivery today and start receiving email notifications as soon as your account documents are available on Morgan Stanley Online or the Morgan Stanley Mobile App. It's quick, convenient & secure.

Authorize financial transactions electronically, quickly and securely through the Morgan Stanley Mobile App or MSO. With eAuthorization, you no longer need to sign a paper Letter of Authorization (LOA) to authorize a money movement request.

Manage your cash with Morgan Stanley's CashPlus brokerage account. Enjoy a seamless digital experience, zero cash management fees, and more value and protection.

The Morgan Stanley Debit Card lets you make purchases and access cash at more than 2 million ATMs worldwide that display the Mastercard^®, Maestro^® and STAR^® network logos.

Greenlight is a debit card and money that gives parents the tools to manage and monitor their children's spending as well as pay allowance, assign chores, set savings goals, donate to charity and more. The monthly $4.99 fee is waived with CashPlus for up to 5 family members.

With an eligible Platinum CashPlus Account, and The Platinum Card^® from American Express Exclusively for Morgan Stanley, you can receive an Annual Engagement Bonus of $695. Certain Morgan Stanley Debit Cardholders may also qualify. Morgan Stanley clients with an eligible brokerage account can apply for The Platinum Card^® from American Express Exclusively for Morgan Stanley and the Morgan Stanley Blue Cash Preferred^® Card. Terms apply.

The Morgan Stanley Credit Card from American Express is only available for clients who have an eligible Morgan Stanley Smith Barney LLC brokerage account ("eligible account"). Eligible account means a Morgan Stanley Smith Barney LLC brokerage account held in your name or in the name of a revocable trust where the client is the grantor and trustee, except for the following accounts: Charitable Remainder Annuity Trusts, Charitable Remainder Unitrusts, irrevocable trusts and employer-sponsored accounts. Eligibility is subject to change. American Express may cancel your Card Account and participation in this program if you do not maintain an eligible account.

The Morgan Stanley Credit Card from American Express is issued by American Express National Bank, not Morgan Stanley Smith Barney LLC. Services and rewards for the Cards are provided by either Morgan Stanley Smith Barney LLC, American Express, or other third parties. Restrictions and other limitations apply. See the terms and conditions for the Cards for details. Clients are urged to review fully before applying. Morgan Stanley, its affiliates, and Morgan Stanley Financial Advisors and employees are not in the business of providing tax or legal advice. Clients should speak with their tax advisor regarding the potential tax implications of the Rewards Program upon their specific circumstances. <o:p></o:p>
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American Express may share information about your Card Account with Morgan Stanley in support of Morgan Stanley programs and services. For information as to how Morgan Stanley will use your Card Account data please visit http://www.morganstanley.com/wealth/investmentsolutions/pdfs/adv/mssb_privacynotice.pdf

Morgan Stanley Credit Card from American Express is issued by American Express National Bank. © 2024 American Express National Bank

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

Stay alert and confident with robust credit monitoring and fraud protection from Experian, a complimentary benefit of CashPlus.

With the Morgan Stanley App, you can use the mobile check deposit feature to deposit checks drawn on a U.S. bank from your iPhone iPad, or Android device.

Disclosures
The Morgan Stanley Mobile App is currently available for iPhone^® and iPad^® from the App Storeand Android™ on Google Play™ Standard messaging and data rates from your provider may apply.

Android and Google Play are trademarks of Google Inc.

Apple^®, the Apple logo, iPhone^®, iPad^®, and iPad Air^® are trademarks of Apple Inc., registered in the US and other countries. Apple Pay™ and iPad™ are trademarks of Apple Inc. App Store is a service mark of Apple Inc.

Subject to certain terms and conditions. Checks must be drawn on a U.S. Bank.

Morgan Stanley Online Transfers allows you to transfer fund between Morgan Stanley accounts or between your Morgan Stanley accounts and a verified account from another financial institution.

Send money with Zelle, is a fast, safe and easy way to send and receive money with almost anyone you know and trust. All you need is their phone number or email address, allowing you to send and receive money within minutes.

Send Money with Zelle is available on the Morgan Stanley Mobile App for iPhone and Android. Enrollment is required and dollar and frequency limits may apply. Domestic fund transfers must be made from an eligible account at Morgan Stanley Smith Barney LLC (Morgan Stanley) to a US-based account at another financial institution. Morgan Stanley maintains arrangements with JP Morgan Chase Bank, N.A. and UMB Bank, N.A. as NACHA-participating depository financial institutions for the processing of transfers on Zelle. Data connection required, and message and data rates may apply, including those from your communications service provider. See the Morgan Stanley Send Money with Zelle terms for details.
Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Morgan Stanley is not affiliated with Zelle. Zelle is available to U.S. bank account holders only. Transactions typically occur within minutes. If your recipient is not yet registered with Zelle, it could take between 1 and 3 days once they complete registration.

Conveniently pay your bills with online bill pay through Morgan Stanley Online and the Morgan Stanley Mobile App. Receive eBills, schedule one-time or recurring payments, and track the status of your payments for greater financial control.

The Morgan Stanley Mobile App is currently available for iPhone^® and iPad^® from the App Store and Android™ on Google Play™. Standard messaging and data rates from your provider may apply.

Complete your financial picture with Total Wealth View. By linking your external account information, you will benefit from more informed and comprehensive wealth planning and convenient connectivity.

Information related to your external accounts is provided for informational purposes only. It is provided by third parties, including the financial institutions where your external accounts are held. Morgan Stanley does not verify that the information is accurate and makes no representation or warranty as to its accuracy, timeliness or completeness.
Financial Advisor(s) may not provide advice on any external account. Additional information about the services described above and offered on Morgan Stanley Online are in the applicable Terms and Conditions of Use.

Morgan Stanley clients have access to Spending and Budgeting tools via Morgan Stanley Online and Morgan Stanley Mobile App to help manage cash flow across all Morgan Stanley accounts as well as those held at outside financial institutions.

The Morgan Stanley Mobile App is currently available for iPhone^® and iPad^® from the App Store and Android™ on Google Play™. Standard messaging and data rates from your provider may apply.

It's never too early-or too late -to start improving your financial literacy. A great first step is covering the basics.