ing, Sales Training, Client Management Reporting & Analysis. and Enterprise Programs. Before joining us, Mr. Hack was the Chief Operating Officer of Morgan Stanley Smith Barney from April 2011 until August 2013. Previously, Mr. Hack served as Chief Operating Officer of Treasury & Securities Services, Chief Operating Officer

ecurity or commodity. Unfortunately, we cannot execute such =nstructions provided in e-mail. Thank you. The sender of this e-mail is an employee of Morgan Stanley Smith Barney =LC ("Morgan Stanley"). If you have received this communication in =rror, please destroy all electronic and paper copies and notify the =ender immed

tolerance before investing in high yield products. High yield bonds should comprise only a limited portion of a balanced portfolio. Copyright 2015 Morgan Stanley Smith Barney LI.C. Member SIPC. -3 of3 - EFTA_R1_02135673 EFTA02713557

ecurity or commodity. Unfortunately, we cannot execute such instru=tions provided in e-mail. Thank you. The sender of this e-mail is an employee of Morgan Stanley Smith Barney ILC&=bsp; ("Morgan Stanley"). If you have received this communication in error, p=ease destroy all electronic and paper copies and notify the sender

ity or commodity. Unfortunate=y, we cannot execute such instructions provided in e-mail. Thank you. <=r>The sender of this e-mail is an employee of Morgan Stanley Smith Barney =LC ("Morgan Stanley"). If you have received this communica=ion in error, please destroy all electronic and paper copies and notify th= sender imme

LC. Morgan Stanley Wealth Management is the trade name of Morgan Sta=ley Smith Barney LLC, a registered broker-dealer in the United States. @ 2017 Morgan Stanley Smith Barney =LC. Member SIPC. <http://www.morg=nstanley.com/img/cs/spacer.gif> <http://www.morganstanley.com/img/=s/spacer.gif> <http://www.morganstanley.com/

, we cannot execute such =nstructions provided in e-mail. Thank you. 2 EFTA_R1_01385376 EFTA02376212 The sender of this e-mail is an employee of Morgan Stanley Smith Barney =LC ("Morgan Stanley"). If you have received this communication in =rror, please destroy all electronic and paper copies and notify the =ender immed

Barney LLC assumes no responsibility. Charts and graphs are for illustrative purposes only and are not intended to represent the performance of any Morgan Stanley Smith Barney offering. Investments and Services of red through Morgan Stanley Smith Barney LLC, member SIPC. In some awes, this report may show the combined per

Barney LLC assumes no responsibility. Charts and graphs are for illustrative purposes only and are not intended to represent the performance of any Morgan Stanley Smith Barney offering. Investments and Services offered through Morgan Stanley Smith Barney LLC, member Slit In some cases, this report may show the combined pe