Product Descriptions for American Express Brokerage

Premier Portfolio Services Relationship: Your “Premier” Relationship

A consultative relationship Through this brokerage account relationship, you benefit from a unique service that provides a variety of exceptional benefits, including the professional advice and expertise of an expe-rienced financial advisor. Together, you and your advisor will determine your investing goals, your risk tolerance, your preferences for how you’d like your assets allocated, and your timeframe. With all this information in hand, your advisor can then help you implement the most effective investment strategy.

A partnership approachYour advisor will also periodically review your account to ensure it is still meeting the needs you specified and to discuss with you any recommended changes. And because the fees you pay are based on your assets, you can feel confident that you and your advisor are working toward the same ends because the growth of your account determines your advisor’s com-pensation.

Simplified financial life Because a Premier relationship allows you to gather all your assets together, you can imple-ment an investment strategy that is coordinated and strategic. You’ll also receive consoli-dated reports on the performance and activity of all your investments. This will help simplify the management of your financial life, giving you greater confidence and control.

Personalized service The Premier Portfolio Service is a truly personalized approach to investing that provides a wide array of investment choices to ensure diversification in your assets. Other benefits that come from being a Premier client include:

Tailored account customization. You have the opportunity to decide, based on your investing goals and your personal preferences, which investments you’d like to hold and which you’d like excluded from your account.

Professional portfolio management. You are part of an elite group of investors who have access to professional portfolio managers who have a wide array of resources, such as specialized research capabilities and analytical tools. These professionals will regularly monitor your account, always with your specific needs and goals in mind.

Strategic Portfolio Service (SPS) Advantage As an investor in today’s economy, you can choose between thousands of invest-ment options. Having more financial choices, however, can make managing your in-vestments more complex. SPS Advantage can make investing simpler, helping posi-tion you for a solid financial future. Whether you’re trying to streamline your portfo-lio, receive consolidated reporting, or have ongoing consultations with your advisor, with SPS Advantage you can do it all.

SPS Advantage provides a variety of important services and benefits all wrapped into one convenient investment service.

Expert advice – Our highly trained team of professional financial advisors are available to help provide personalized solutions to your important investing decisions. Together, you and your advisor can build a portfolio that’s exactly suited to your current and future needs.

Diversified portfolio – With SPS Advantage you get access to stocks, bonds, and other publicly traded securities. You’ll also have the opportunity to invest in approximately 1,400 mutual funds from 175 different fund families. The choice of products available allows you to create a diversified portfolio and pay only one annual fee. You can also apply for margin loans at very competitive rates1.

Service – Expect consistent service and get it from our trained staff. Your fi-nancial advisor will consult with you on a regular basis to make sure your portfo-lio is on track with your financial goals. As an SPS Advantage client, you’ll also receive comprehensive monthly statements, quarterly reports, and year-end tax reports. These are just some of the ways we can help you organize and manage your assets.

ONE Financial Account features – With SPS Advantage with ONESM fea-tures added to SPS Advantage, you’re able to pay your bills online and conduct other banking transactions. ONE also provides free unlimited checking with over-draft protection, an ATM card, and an American Express Gold or Platinum card with no annual fee. See your advisor if you have not already established ONE features.

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