Alliance Group atMorgan Stanley

1200 THIRD AVEHUNTINGTON, WV 25701

304-529-1000 / MAIN

800-624-3490 / TOLL-FREE 304-529-6873 / FAX

http://www.morganstanleyfa.com/alliancegroup/index.htm

Alliance Group atMorgan Stanley

As the financial world becomes more complex and investment choicesmultiply, careful planning becomes ever more important to helping youachieve your financial goals. As Financial Advisors, our role is to workwith you to help you develop a plan that lays out a clear path to yourgoals — a plan that we develop in collaboration with you, and one thatyou can follow with confidence in the face of the market’s ups anddowns.

Together, we will explore a broad range of topics that are likely toinfluence your financial future — from your family situation to yourcareer aspirations, from likely education expenses to the retirement youultimately envision. What we learn will become the foundation for afinancial and investment strategy based on who you are and where youwant to go. Only then will we talk with you about the details ofinvesting: how much risk makes sense, your asset allocation, and whichinvestments are right for your portfolio.

But that’s just the beginning. Over time, we will revise your plan toreflect new aspirations and priorities, helping your plan keep pace as themarkets change and your life unfolds.

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Meet the Professionals

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5ALLIANCE GROUP

William C Brown, Jr.Senior Vice PresidentFinancial Advisor

"Cam" has been Senior VicePresident of Investments andFinancial Advisor with MorganStanley Smith Barney for the past 28years. Prior to his work as a financialplanner for individuals, Brown was atrader in New York and a member ofthe faculty of Marshall University,teaching courses in economics,finance and investments.

Cam received his BBA in Finance in1978 and his MBA in 1980, both fromMarshall University, where he playedvarsity tennis. Cam has been aChairman's Council member since1996 and has received the 25-YearDedicated & Loyal Service Awardfrom Morgan Stanley Smith Barney.Brown helps to train MorganStanley financial consultantsthroughout the United States in thearea of retirement planning, and hehas authored two books, "Retire at

55" and "Ready, Aim... Retire."Cam believes strongly in buildingcommunities. He is a long-timemember of the NFL Player'sAssociation, keynote speaker for theNational Basketball Association(NBA) Retired Players annual meet-ing, member of the MarshallUniversity Tipoff Club, a LittleLeague baseball and YMCA basket-ball coach and a Cubmaster for BoyScouts of America.

Cam is married to Mary CalhounBrown, and they have 3 sons togeth-er: William, Harrison and Dewey.Mary is the award-winning author of"There Are No Words."

Jefferey H Biederman Jr.Financial Planning SpecialistSenior Vice PresidentFinancial Advisor

“Jeff” has been a Senior VicePresident, Financial Advisor andFinancial Planning Specialist withMorgan Stanley for over 15 years.Biederman’s father and role model,Jeff Sr., worked for Morgan StanleyWealth Management for over 36years.

Jeff received his BA fromHampden-Sydney College in 1993.He started his career in finance withMontgomery Asset Management inSan Francisco, CA before returninghome in 1997. Biederman is a mem-ber of the Morgan Stanley WealthManagement Master’s Club.

An active volunteer in the commu-nity, Biederman has served on theBoard of Directors of Big BrothersBig Sisters of the Tri-State and haschaired the Bowl for Kid’s SakeFundraiser since 2001. Jeff also is on

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the Board of Trustees for the CabellHuntington Hospital Foundation, theMarshall University Tip-Off ClubCommittee and is a member of FifthAvenue Baptist Church.

Jeff is married to Amber and theyhave two children, Anna and JeffereyIII. He is enjoys spending time withhis family, tennis, and MarshallUniversity basketball.

Edward NicholsFinancial Advisor

Edward B Nichols has worked inthe Financial Industry for more than29 years. Since 1993, Ed has been aFinancial Advisor for Morgan StanleyWealth Management in Charleston,WV providing financial services tohis individual and corporate clients.Prior to his work as a FinancialAdvisor, Ed was Assistant VicePresident and a Commercial LendingOfficer for The First HuntingtonNational Bank in Huntington, WV.

Ed earned his Bachelors ofBusiness Administration degree fromMarshall University in 1982. Hecompleted the CFP® CertificationProfessional Education Programoffered through the College forFinancial Planning. Ed has met thequalifications and has earned the cer-tification of CERTIFIED FINAN-CIAL PLANNER™ professional. Heis also a member of the FinancialPlanning Association (FPA).

Certified Financial Planner Board ofStandards Inc. owns the certificationmarks CFP®, CERTIFIED FINAN-CIAL PLANNER™ and federally reg-istered CFP (with flame design) inthe U.S.,which it awards to individu-als who successfully complete CFPBoard’s initial and ongoingcertification requirements.

Ed's office address is:

MMoorrggaann SSttaannlleeyy WWeeaalltthh MMaannaaggeemmeenntt500 Lee Street, EastLaidley Tower, Suite 300Charleston, WV 25301Direct: 304-353-9016Toll Free: 800-642-8683Fax: 304-353-9055

Benjamin McGinnisFinancial Advisor

“Ben” has worked in finance forover 5 years. Prior to Morgan Stanley,McGinnis worked at TwentiethStreet Bank in the Loan Division andas a Financial Advisor. From 2003through 2012, Ben worked for CRBard as a Senior Territory Manager.

Ben received his bachelor's degreein Finance with specializations ineconomics and management fromMarshall University in Huntington,West Virginia. Aside from his time inthe office, Ben enjoys working as avolunteer for the Boy Scouts ofAmerica and coaches both youth bas-ketball and soccer. He is a lifelongmember of Johnson MemorialUnited Methodist Church.

Ben is married to Aly, and they havefour children together, Max, Riley,Darby and Lily. In his spare time heenjoys playing golf, reading andspending time with his family.

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Identify your goals,values, dreams, specialconcerns/challenges

Discovery process1

l Determine risktolerance

l Analyze currentinvestment portfolio

l Develop assetallocation strategy

l Portfolio construction

Develop investmentstrategy2

It starts with listening. We askquestions — regarding your needsand dreams, your tolerance forrisk, your time horizon — andthen listen. It’s an ongoing processthrough which we strive to knowall we can about you, your family,your business (if applicable) andyour short- and long-term goals.This period of “discovery” helps usmake informed recommendationsand design a flexible wealthmanagement plan that isuniquely yours.

We Work toUnderstand theFull Scope of Your Financial Picture

The Client Experience

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In-person meetingto presentrecommendedinvestmentstrategy

Investmentstrategy meeting3

l Open newaccounts

l Transfer existingassets

l Conduct tradesto executeagreed-uponinvestmentstrategy

Execution ofinvestmentstrategy

4

In-person meeting todiscuss:l First statementsl Organization of

paperworkl Set up online account

access (and review onlineresources)

l Develop schedule forfuture review meetings

l Schedule wealthmanagement planmeeting

Follow-up meeting5

l Financial planningl Retirement planningl Access to banking and

lending servicesl Education planningl Business succession

planningl Charitable givingl Family dynamicsl Estate planning

managementl plan meeting

Develop comprehensivewealth management plan6

In-person meeting topresent comprehensivewealth managementstrategies

Wealth managementplan meeting7

Ongoing execution ofwealth managementstrategies

Execute wealthmanagement plan8

Develop schedule forreview meetings

Ongoing monitoringof investment strategyand wealthmanagement plan

9

Adjust investmentportfolio and/or wealthmanagement plan inlight of any changes

Re-evaluateinvestment strategybased on changes togoals, objectivesand/or expectations

10

Creating Your Plan

To be truly effective, your plan must reflect the totality of yourpersonal and financial life. Our role is to help ensure that yourinvestment objectives are consistent with pressing financial concernsand your long-term aspirations.

These four steps were developed toachieve that goal:

1 Setting your financial objectives

Through a process of discovery anddiscussion, we will work with you toarticulate your aims for your wealth.Together, we will examine your cur-rent and future liabilities, incomesources and cash flow needs, and thenconsider factors that might influenceyour overall strategy, including toler-ance for risk, tax concerns, liquidityneeds and time horizon. Throughcareful analysis, the team will look forpotential gaps that may exist betweenyou and your goals, and developsound strategies to help smooth thepath.

2 Creating your strategy

Working from our understanding ofyou and your objectives, we will pro-pose a financial plan that containsspecific strategies designed to helpmeet those goals. Our advice mayencompass issues such as retirementplanning, business continuation, taxminimization potential and wealthtransfer. You will also receive an assetallocation strategy designed to pro-vide diversification for your portfolio.

3 Implementing your strategy

After discussing and refining yourstrategy, we will work closely withyou to bring the elements to life.Should we decide together that out-side money managers are appropriatefor you, the team will draw on in-depth research and analysis to helpyou select from the hundreds of

investment management firms avail-able to you. If you prefer to invest inindividual securities, we can helpidentify specific stocks, bonds andother securities that may be suitablefor your portfolio. Whateverapproach we decide on, we will helpyou keep your strategy on track.

4 Reviewing objectivesand performance

We view ongoing communication asthe foundation of our successful col-laboration with you. We will makeevery effort to keep abreast of yourchanging financial needs and provideviable strategies to help you meetthem. This means reviewing yourportfolio together at your request.When your circumstances change, wewill work with you to revise yourstrategy and reposition your assets toreflect your new needs and goals.

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A Strong, Steady Force in a Changing IndustryInformation as of 08/08/2011 unless otherwise indicated

800 GLOBAL LOCATIONS

CEO AND SENIOR MANAGEMENTTEAM WITH DEEP WEALTHMANAGEMENT EXPERIENCE

17,600 FINANCIAL ADVISORS

7,000,000 CLIENT ACCOUNTS

$1.7 Trillion CLIENT ASSETS

130 YEARS OF COMBINEDEXPERIENCE

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A CULTURE ofEXCELLENCE

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.

the resources to help meet them. YourFinancial Advisor can help you evalu-ate immediate concerns and plan forlong-term goals, be a sounding board foryour investment ideas, and assist you indeveloping and executing a strategy thatis precisely your own and help deliverresults that meet your needs.

Your Financial Advisor is your ad-vocate within our firm, an intelligent editor who selects and aligns the manycapabilities of Morgan Stanley for you,delivering the right resources to youin the way that is most appropriatefor how you invest and what you want to achieve.

Investors who choose Morgan Stanleyoftentellusthattheirreasoningissimple.They choose a Financial Advisor—anda firm— that mirrors the values propel-ling their own success: a commitment to perform at the highest level for theirclients, with no shortcuts, compromisesor excuses.

VAST EXPERIENCE.Drawingonmanyyears of experience, Morgan Stanleyunderstands the importance of shapingrelationships that reflect client needs,preferences and aspirations.

Our firm and Financial Advisorshave an in-depth understanding ofvirtually all the challenges, goals,preferences, styles and strategies that distinguish wealthy investors. Ad-ditionally, as a truly global financialinstitution, we have an equally acute

knowledge of financial opportunities and the potential risks.

This combination positions us tohelp develop, structure and executestrategies for your most importantfinancial needs, from accumulatingwealth to investing for income, fromcreating retirement reserves to devis-ing a distribution approach that meetsyour lifestyle and legacy goals.INVESTMENT INSIGHT WITHOUT

LIMITS. As a client, you have accessto the strategic and tactical views ofsome of the world’s most seasoned andrespected investment professionals.The members of our Global InvestmentCommittee develop strategies that guidethe management of advisory accounts and help to inform the decisions ofclients across Morgan Stanley.

The team is currently supportedby the work of 300 analysts at two of the world’s largest investment banks, Morgan Stanley and Citi, who cover keygeographicandeconomicsectors,aswellas 2,500 individual equity securities. You also benefit from a premier trad-ing and execution platform. Think of our 210 capital markets professionals as experienced, highly responsive and knowledgeable partners.PERFORMANCETHATSEEKSTOMEET

YOUR MEASURE. Among the most im-portant skills of our Financial Advisorsis the ability to listen: to understandyour financial needs and then align

ONE OF THE WORLD’SSTRONGEST INVEST-MENT ORGANIZATIONSSTANDS BEHIND YOURFINANCIAL ADVISORFinancial Advisors haveaccess to top-flight researchfrom both Morgan Stanleyand Citi. Combined, theyanalyze and track theprogress of more than2,500 companies all overthe world.

Please read important disclosures on the back cover of this brochure

A PROFOUND UNDER-STANDING OF WEALTHMANAGEMENT NEEDSBusiness StrategiesCharitable PursuitsEducation FundingEstate PlanningIntegrated PlanningInvestment ManagementLiquidityRetirementRisk Management

SSttaarrtt tthhee CCoonnvveerrssaattiioonn

We are dedicated to providing you with the strategies and resourcesthat can help you achieve your retirement goals in today’s changingfinancial environment. The Retirement Standard is meant to help con-nect all the pieces of your financial life with a comprehensive plan ofaction designed to put you on a path to the retirement you envision.Every plan comes with our commitment to work with you over timeto be sure you stay on track.

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© 2012 Morgan Stanley Smith Barney LLC. Member SIPC. 1046717 12/2012

Morgan Stanley Financial Advisors do not provide tax or legaladvice. This material was not intended or written to be used for thepurpose of avoiding tax penalties that may be imposed on the tax-payer. Clients should consult their tax advisor for matters involvingtaxation and tax planning and their attorney for matters involvingtrust and estate planning and other legal matters. Morgan StanleySmith Barney LLC offers a wide array of brokerage and advisoryservices to its clients, each of which may create a different type ofrelationship with different obligations to you. Please contact us tounderstand these differences.

Morgan Stanley Smith Barney LLC is a registered brokerdealer,not a bank. Where appropriate, Morgan Stanley Smith Barney LLC

has entered into arrangements with banks and other third parties toassist in offering certain banking-related products and services.Unless otherwise specifically disclosed to you in writing, invest-ments and services offered through Morgan Stanley are not insuredby the FDIC, are not deposits or other obligations of, or guaranteedby, banks and involve investment risks, including possible loss ofprincipal amount invested.

Asset allocation and diversification do not guarantee a profit orprotect against loss.

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