Morgan Stanley · NYSE:MS
Morgan Stanley — Investor Presentation (August 2020)
21 slides from Morgan Stanley's investor presentation, August 2020
Slide 1: Wealth Management Perspectives
Wealth Management Perspectives
Slide 2: 1031 Exchanges Contents
1031 Exchanges Contents What Is a 1031 Exchange? Purchasing Power: A Significant Advantage Who Can Benefit from a 1031 Exchange? How Important Is Real Estate Manager Selection? How Does a 1031 Exchange Work? Alternative Investment Manager Due Diligence Exchanging Into a Delaware Statutory Trust Our
Slide 3: What Is a 1031 Exchange?
What Is a 1031 Exchange? Named after section 1031 of the U.S. Internal Revenue Code, a 1031 exchange is a procedure that allows an owner of appreciated real estate to exchange that property for an alternative “like-kind” property while deferring capital gains. CAPITAL-GAINS TAX DEFERRAL AND OTHER BE
Slide 4: How Does a 1031 Exchange Work?
How Does a 1031 Exchange Work? 1031 exchanges require the use of a qualified intermediary and have complex rules around property type, value and timing. NECESSITY OF A QUALIFIED INTERMEDIARY REINVEST NET PROCEEDS AND REPLACE DEBT A qualified intermediary creates the exchange, prepares All net procee
Slide 5: Exchanging Into a Delaware Statutory Trust
Exchanging Into a Delaware Statutory Trust Section 1031 allows not only direct property exchanges, but also exchanges from a single property into a Delaware statutory trust (DST). WHO IS A DST BENEFITS OF WHAT IS A POTENTIALLY EXCHANGING DST? APPROPRIATE INTO A DST FOR? BENEFICIAL OWNERSHIP INTEREST
Slide 6: The Exchange Cycle
The Exchange Cycle Qualified Intermediary Qualified intermediary Qualified intermediary accepts proceeds transfers payment to seller of from sale replacement property $ Cash $ Cash (Sale Proceeds) EXCHANGE AGREEMENT (Purchase Price) 1 2 3 4 5 Identify Qualified List Relinquished Sale of Relinquished
Slide 7: UPREIT: The 721 Exchange Option
UPREIT: The 721 Exchange Option For investors looking to achieve greater diversification and active management than a typical DST can provide, an Umbrella Partnership Real Estate Investment Trust (UPREIT) is a program that combines both a 1031 and a 721 exchange to provide the benefits of owning sha
Slide 8: Purchasing Power: A Potential Significant Advantage
Purchasing Power: A Potential Significant Advantage This example demonstrates the purchasing power gains from using a 1031 exchange vs. reinvesting on an after-tax basis: SELLING AND REINVESTING ON AN AFTER-TAX BASIS SELLING AND REINVESTING THROUGH A 1031 EXCHANGE Original Purchase Price $3,000,000
Slide 9: How Important is Real Estate Manager Selection?
How Important is Real Estate Manager Selection? In many prior years, the performance spread between top and bottom quartile real estate managers has been large. Even the difference between top-performing managers and the median has often been substantial. When selecting a private real estate fund, m
Slide 10: Alternative Investment Manager Due Diligence at Morgan Stanley
Alternative Investment Manager Due Diligence at Morgan Stanley The Global Investment Manager Analysis (GIMA) team engages with a broad array of investment managers to identify high-quality strategies for your portfolio. Before managers are selected for inclusion on the platform, GIMA employs a thoro
Slide 11: Our Real Estate Platform
Our Real Estate Platform Real estate can be a compelling addition to your portfolio. Real estate investments PLATFORM OVERVIEW can offer attractive risk-adjusted returns and also can serve as a hedge against Offerings inflation. Morgan Stanley offers a broad selection of real estate funds through an
Slide 12: Alternative Investments Eligibility
Alternative Investments Eligibility CLIENT NET WORTH/NET INVESTABLE ASSET MINIMUMS Investors participating in $1MM+ $2.1MM+ $5MM+ $25MM+ $125MM+ $500MM+ alternative investments offered through Morgan Stanley must Managed Futures Funds meet certain SEC and/or state Registered Funds (Accredited Invest
Slide 13: Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC
Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. The sole purpose of this material is to inform, and it in no way is intended to be an ofer or solicitation to purchase or sell any security, other investment or ser
Slide 14: Value Score methodology disclosure
appropriate for all investors. The proprietary Value Score methodology considers an active investment strategies’ value proposition relative to its costs. From a historical quantitative study of several quantitative markers, Value Score measures perceived forward-looking beneft and computes (1) “fai
Slide 15: Consider Your Own Investment Needs
Consider Your Own Investment Needs: The model portfolios and strategies discussed in the material are formulated based on general client characteristics including risk tolerance . This material is not intended to be an analysis of whether particular investments or strategies are appropriate for you
Slide 16: Mobile check deposits and Zelle disclosures
Mobile check deposits are subject to certain terms and conditions. Checks must be drawn on a U.S. Bank. Send Money with Zelle® is available on the Morgan Stanley Mobile App for iPhone and Android and on Morgan Stanley Online. Enrollment is required and dollar and frequency limits may apply. Domestic
Slide 17: Conflicts of interest disclosures
funds, engaging in broker-dealer transactions and principal securities, commodities and foreign exchange transactions, research publication, and other activities. In the ordinary course of its business, Morgan Stanley Wealth Management therefore engages in activities where Morgan Stanley Wealth Mana
Slide 18: Hedge fund index bias disclosures
returns for funds with strong returns and opt out of reporting returns for weak performers. Other hedge funds that close may decide to stop reporting in order to retain secrecy, which may cause a downward bias in returns. Survivorship bias results when certain constituents are removed from an index.
Slide 19: Index definitions and advisory program fees
For index, indicator and survey defnitions referenced in this report please visit the following: https://www.morganstanley.com/wealth-investmentsolutions/wmir-defnitions The Consulting Group Capital Markets Funds, Firm Discretionary UMA Model Portfolios, and other asset allocation or any other model
Slide 20: Insurance and donor-advised fund disclosures
Since life and long-term care insurance are medically underwritten, you should not cancel your current policy until your new policy is in force. A change to your current policy may incur charges, fees and costs. A new policy will require a medical exam. Surrender charges may be imposed and the perio
Slide 21: Pledged-asset feature disclosures
Through the pledged-asset feature ofered by Morgan Stanley Private Bank, National Association, the applicant(s) or third party pledgor (collectively “Client”) may be able to pledge eligible securities in lieu of a full or partial cash down payment or in connection with a refnance mortgage loan. To b