Irish Nite Catalog 2016 | Page 34
Perhaps the best
source for borrowing
money isn’t a
traditional lender.
When financing a major purchase like a vacation
home or a new business, consider securities
based lending solutions from Morgan Stanley.
• Get the funding you need while staying focused on
your overall investment strategy.
• Work with an advisor who considers both sides of your balance sheet.
Jay Keranen CFP®
Family Wealth Director
Executive Director
Wealth Advisor
34901 Woodward Avenue
Birmingham, MI 48009
248 258-2657
[email protected]
• Choose from a broad array of potential solutions,
including customized structures.
• Access the expertise of seasoned professionals, including,
for example, Private Bankers* and Portfolio Managers who
understand the strategic uses of credit and liquidity.
Morgan Stanley Financial Advisors serve as your gateway to some of
the most robust intellectual capital and global resources in the industry.
Please call us at 248-258-2657 to find out what we can do to help
optimize your balance sheet and meet your personal goals.
*Private Bankers are employees of Morgan Stanley Private Bank, National Association. Member FDIC.
Securities Based Lending Risks: Borrowing against securities may not be suitable for everyone. You should be aware that securities based loans involve a
high degree of risk and that market conditions can magnify any potential for loss. Most importantly, you need to understand that: (1) Sufficient collateral
must be maintained to support your loan(s) and to take future advances; (2) You may have to deposit additional cash or eligible securities on short notice;
(3) Some or all of your securities may be sold without prior notice in order to maintain account equity at required collateral maintenance levels. You will
not be entitled to choose the securities that will be sold. These actions may interrupt your long-term investment strategy and may result in adverse tax
consequences or in additional fees being assessed; (4) Morgan Stanley Bank, N.A., Morgan Stanley Private Bank, National Association, or Morgan Stanley
Smith Barney LLC (collectively referred to as “Morgan Stanley”) reserves the right not to fund any advance request due to insufficient collateral or for
any other reason except for any portion of a securities based loan that is identified as a committed facility; (5) Morgan Stanley reserves the right to
increase your collateral maintenance requirements at any time without notice; and (6) Morgan Stanley reserves the right to call your securities based
loan at any time and for any reason. Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, a member SIPC, and not a bank. Morgan Stanley
Smith Barney LLC and Morgan Stanley Private Bank, National Association are affiliates. Unless specifically disclosed in writing, investments and
services offered through Morgan Stanley Smith Barney LLC are not insured by the FDIC, are not deposits or other obligations of, or guaranteed
by, a bank and involve investment risks, including possible loss of principal amount invested. All loans are subject to application and approval.
These products may not be available in all jurisdictions. Other restrictions and limitations may apply.
The proceeds from certain securities based loan products may not be used to purchase, trade or carry margin stock (or securities, with respect to
Express CreditLine); repay margin debt that was used to purchase, trade or carry margin stock (or securities, with respect to Express CreditLine);
and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
© 2014 Morgan Stanley Smith Barney LLC. Member SIPC.
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