We understand the sensitive family dynamics around wealth transfer, inheritance and philanthropy. We will work with you to integrate your vision and your values into your plan. Our focus is to help ensure the wealth you have created aligns with your objectives and best serves your family legacy. Our conversations will focus on:

Inheritance planning

Family meeting facilitation

Asset titling and ownership

Family meeting facilitation

Lifetime gifting strategies

Income replacement solutions such as life insurance

Trust management

Neither UBS Financial Services Inc. nor any of its employees provide tax or legal advice. You should consult with your personal tax or legal advisor regarding your personal circumstances.

These important characteristics to portfolio design can help during unpredictable markets. Asset allocation/diversification neither assures a profit nor protects against loss in declining markets. We are always seeking better ways to manage volatility, reduce unnecessary risk and earn your confidence in our ability to execute the right strategy for your needs and comfort. When necessary, we can recommend a number of specialty lending strategies. Whether for business capital, cash flow or a home mortgage, we can tailor a lending solution to your needs and circumstances, which may include:

Mortgage lending

Credit lines

Art

Aircraft

All mortgage products are only offered by UBS Mortgage. UBS Mortgage is a trade name for UBS AG, Tampa Branch or, in certain states for certain products, UBS Bank USA. All loans are subject to underwriting, credit and property approval. Not all products are available in all states, or for all loan amounts. Other restrictions and limitations may apply. UBS Mortgage currently offers residential mortgage loans within the 50 states of the United States of America and the District of Columbia. Equal housing lender.

Credit and lending services are provided by banking affiliates of UBS Financial Services Inc., and are subject to credit approval.

Energy infrastructure MLPs are engaged in the storage, transportation and processing of natural gas, crude oil and other refined products. Our portfolio can be a stand-alone investment for those looking for opportunity in the energy infrastructure sector. For the majority of our clients, we include it as a diversifier within the total portfolio we manage. Clients enjoy tax-advantaged distributions with equity-like growth potential within a strategy that has low turnover and a low correlation to equities.

We find pipeline MLPs attractive due to:

Toll road business models

History of steadily rising distributions, generally

Built-in inflation hedge

Favorable tax treatment

PMP is a wrap fee advisory program in which our Financial Advisors manage client accounts on a discretionary basis. PMP is designed for clients who (i) want to delegate portfolio management discretion to their Financial Advisor; (ii) are looking to implement a medium to long-term investment plan; and (iii) prefer the consistency of fee-based pricing.

PMP is not appropriate for clients who: (i) want to maintain trading control over their account; (ii) seek a short-term investment; (iii) want to maintain consistently high levels of cash, money market funds, or invest primarily in no-load mutual funds; (iv) want to maintain highly concentrated positions that will not be sold regardless of market conditions; or (v) who anticipate significant withdrawals from the account.

It is important that you understand the ways in which we conduct business and the applicable laws and regulations that govern us. As a firm providing wealth management services to clients, we are registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser and a broker-dealer, offering both investment advisory and brokerage services. Though there are similarities among these services, the investment advisory programs and brokerage accounts we offer are separate and distinct, differ in material ways and are governed by different laws and separate contracts. It is important that you carefully read the agreements and disclosures that we provide to you about the products or services we offer. While we strive to ensure the nature of our services is clear in the materials we publish, if at any time you seek clarification on the nature of your accounts or the services you receive, please speak with your Financial Advisor. For more information, please visit our web site at www.ubs.com/workingwithus.

We are providing the descriptions above to help you understand services or products we may make available to you, or factors that you should generally consider when deciding whether to engage in any transaction, service or product. Please note that it is important that you evaluate this material and exercise independent judgment when making investment decisions. This information, including any description of specific investment services or products, is marketing material and is solely for the purposes of discussion and for your independent consideration. It should not be viewed as a suggestion or recommendation that you take a particular course of action or as the advice of an impartial fiduciary.

If you would like more details about any of the information provided, or you would like personalized recommendations or advice, please contact your Financial Advisor. We are here to help.

The portfolio will invest in units of Master Limited Partnerships (MLPs). The tax treatment for investors in MLPs is different than that of an investment in stock, including (a) the investor’s share of the MLP’s income, deductions and expenses are reported on Schedule K-1, not Form 1099, (b) because of the possibility of unrelated business taxable income, charitable remainder trusts should not invest in this strategy, and other non-taxable investors (such as ERISA and IRA accounts) should carefully consider whether to invest in this strategy, (c) investors may have to file income tax returns in states in which the MLP’s do business and (d) MLP tax information is sent directly from the partnership which generally has until April 15th to provide this information. You should discuss these and any other tax implications with your tax advisor.

Diversification does not assure a profit or guarantee against loss in declining markets.