The Lynn-McDermott Group
at Morgan Stanley
Smith Barney
RSA Battle House Tower
11 North Water Street, Suite 16290, Mobile, Alabama 36602
251-470-1060
/ Main
800-624-7814 / Toll- F ree 251-650-1735 / fa x
www.morganstanley.com/fa/lynnmcdermott
Laureen Lynn 251-470-2310 laureen.lynn@mssb.com
Mike McDermott 251-470-2311 mike.mc.dermott@mssb.com
Douglas Whitmore 251-470-2306 douglas.whitmore@mssb.com
Susan Winters 251-470-2308 susan.winters@mssb.com
Donna Davis 251-470-2307 donna.davis@mssb.com
The Lynn-McDermott Group
at Morgan Stanley Smith Barney
As Financial Advisors, our role is to help you use your wealth to
achieve what is most important to you. That may mean providing
an education to children and grandchildren, buying a vacation home,
meeting the special needs of a family member, retiring ten years
early — ​the list is endless, and the decision is uniquely your own.
Together, we will explore your aspirations and the life you envision.
We will work with you to translate your goals into a specific
investment objective and personalized investment strategy. And then,
drawing on the team’s experience — ​and perspective informed by the
insight and resources of one of the world’s largest financial firms — ​we
will structure a portfolio for you, executing and refining that strategy
to help bring you closer to your definition of investment success.
In short, your goals become our focus, and achieving them becomes
a commitment that we share.
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Meet the Professionals
Top row: Douglas Whitmore, Mike McDermott, Donna Davis; Bottom row: Laureen Lynn, Susan Winters
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Morga n S ta n le y Sm i t h Ba rn e y
Laureen Lynn, CIMA®, CPWA®
Mike McDermott
Douglas Whitmore
Investment Management Consultant
Vice President
Financial Advisor
Financial Advisor
Financial Advisor
Laureen began her financial advisory
career with Dean Witter Reynolds,
now Morgan Stanley Smith Barney
in 1993 following her early retirement
from IBM Corporation. She graduated
from Florida State University with a
BA in Applied Mathematics. She attended The Wharton School & The
University of Chicago Booth School
of Business where she received her
Certified Investment Management
(CIMA®) and Certified Private Wealth
Advisor (CPWA®) designations. She
holds the Series 7, 31, 63, 65 security
licenses and the Life, Health and Variable Annuity licenses.
Laureen utilizes her IBM planning
and consulting skills to develop wealth
management strategies that help clients and their families establish goals,
strategize solutions and envision a clear
and understandable financial path for
their future.
A resident of Mobile since 1977, she is
active in The Rotary Club of Mobile and
serves on the Boards of Directors of the
Mobile Opera, the University of South
Alabama Health Services Foundation
and the Alabama-West Florida United
Methodist Foundation.
Mike builds customized portfolios for
clients using a discipline of tactical
strategies to select the appropriate
blend of stocks, bonds, options and
government securities. Mike began
his financial advisory career in 1996
with Dean Witter Reynolds, now Morgan Stanley Smith Barney. He holds
the Series 7, 63, 65, 31, 9, 10 security
licenses and Life, Health and Variable
Annuity licenses. Prior to becoming
a financial advisor, Mike was a professional golfer for 6 years and for 19
years worked as an account manager
for RJ Reynolds Tobacco.
A native of Daytona Beach, Florida,
Mike graduated from the University of
West Florida. He is an avid golfer and
the proud owner of a 1987 Corvette he
is currently restoring. Mike and his
wife, Merle have 2 grown children and
4 young grandchildren. He enjoys his
daily fitness regimen and has delivered
Meals on Wheels for over 10 years.
With over 10 years of experience in the
financial service industry and 3 years
with Morgan Stanley Smith Barney,
Doug brings an insight and dedication
essential to navigating today’s markets.
Doug’s area of focus includes cash flow
analysis, commercial and client banking, and multi-generational planning.
He currently holds his Series 7, 66, 31
and Life & Health Insurance licenses.
Active in the community, Doug is
involved with Leadership Mobile, MakeA-Wish Foundation, Goodwill Easter
Seals, St. Jude’s Children’s Research
Hospital, Ronald Reagan Alzheimer’s
Association and Tau Kappa Epsilon’s
Leadership Academy and Educational
Foundation. He also serves as a board
member of the National Alumni Association of the University of South
Alabama.
Although born and raised in New
Orleans, LA, Doug now resides in Mobile
where he graduated from the University of South Alabama with a degree in
Business Administration. When out of
the office, he enjoys sailing, boating and
studying capital markets / economics
and spending time working with the
University of South Alabama.
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6
Susan Winters
Donna B. Davis
Registered Marketing Associate
Senior Registered Client Service Associate
Susan joined the group in 2004 with
a 25 year background in the financial
services industry and holds the Series 7,
66, 31 security licenses and Life, Health
and Variable Annuity licenses. Her
broad knowledge of every aspect of
the business uniquely qualifies her as
a valuable asset to the group and being
fully licensed allows her to support
Laureen, Mike and Doug in providing financial services to their clients.
Susan focuses on preparing client presentations, organizing and promoting
educational events and ensuring that
the team’s sterling reputation, wealth
management process and services are
known in the community.
Born and raised in Tuscaloosa, Alabama, Susan spends time with her
husband Doug, enjoying their two
children who have blessed them with
four precious grandchildren. She is a
nurturer and supporter of family and
friends and is active in the community
through the Ashland Place United
Methodist Church.
With over 30 years in the financial
services industry, Donna began her
career with The First National Bank
of Mobile in 1982. She joined Dean
Witter Reynolds, now Morgan Stanley
Smith Barney, in 1995 and is a Senior
Registered Client Service Associate.
Donna holds the Series 7 & 63 security
licenses and is currently studying for
further licensing. In her role assisting
clients and supporting financial advisors, her warm personality, attention
to detail and exceptional client service
make Donna an indispensable part of
the group.
A resident of Daphne, Alabama,
Donna and her husband Barry have
two sons, a daughter-in-law and a young
granddaughter. When away from the
office, she enjoys spending time with
her family, their two Chihuahua-mix
rescues, gardening, reading and flower
arranging. She stays active in the community through the Eastern Shore
Baptist Church.
MorGa n S Ta n Le y SM i T h Ba rn e y
Developing Your Wealth
Management Strategy
Individuals work hard to build wealth in pursuit of a meaningful life
for themselves and their family. Your achievements reflect substantial
effort, and we will work just as hard on your behalf, committing our
experience and skills to helping you achieve your unique goals for your
wealth. Moreover, we will support you and your strategy by accessing the
resources and perspective of one of the world’s largest financial firms.
Before our team offers specific advice,
however, we must understand who you
are and what you want your wealth to
accomplish. Working with you, we will
complete a four-step process:
1 Setting your financial objectives
We will begin our relationship by listening — discussing a range of topics
related to your financial needs and
investment objectives: long-term life
goals and expectations, possible major
purchases, and legacy and charitable
goals, if you have them. We will discuss
your current financial resources, your
time horizon for various goals, your
tolerance for risk — even how your liabilities are structured. If you own a
business, we also might discuss your
current banking and cash management needs.
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Morga n S ta n le y Sm i t h Ba rn e y
2 Developing your wealth
management strategy
Based on your input, our advice will
likely help address income and retirement
planning, asset protection, investment
management, strategic borrowing, wealth
transfer and business succession. Of
course, your plan will include an asset
allocation strategy designed to help
achieve your financial goals in light
of your risk tolerance and investment
time horizon.
3 Implementing your strategy
After we have discussed and refined
your strategy, the team works closely
with you to bring the elements to life.
Should we decide together that outside
money managers are appropriate for
you, we will draw on in-depth research
and analysis to help you select from the
hundreds of investment management
firms available to you. If you prefer to
invest in individual securities, we can
help identify specific stocks, bonds and
other securities that may be suitable for
your portfolio. Whatever approach we
decide on, the team will help you keep
your strategy on track.
4 Reviewing your performance
You will receive a quarterly review that
outlines your portfolio’s performance,
helping you track progress toward your
objectives. Moreover, when your personal
situation or market conditions change
significantly, we can suggest appropriate
adjustments to your portfolio to help it
remain aligned with your goals.
For Life’s Most
Important Goals
With an experienced professional
and the right resources, reaching
your most important goals can
be less challenging and more
rewarding. We are ready to
help you meet your goals, by
combining our insight into your
needs with the resources of
Morgan Stanley Smith Barney.
Setting a confident course
Thorough, thoughtful planning — ​planning that analyzes where you are as well
as where you want to go — ​is the most
important step in establishing a path
to your goals. We will work with you
to explore and define your objectives
and needs, and then structure a plan
that is uniquely your own.
•• Retirement planning
•• Education planning
•• Estate planning
•• Multigenerational planning
Managing the rewards of success
Managing an investment portfolio should
be a consultative, disciplined process
that balances your attitudes and goals
as an investor with careful analysis of
the financial markets and the risks and
opportunities they hold for you. You
can rely on us for objective strategic
advice in structuring your portfolio and
for careful analysis of any investments
we consider together.
•• Asset allocation
•• Investment management
•• Traditional investments
•• Alternative investments
•• Structured investments
•• Separately managed accounts
Shaping your retirement
Together, we can work to make decisions that could help you move toward
the retirement you expect. Whether
you are building retirement wealth or
making the transition to generating
income from your assets, we can help
you develop and implement a strategy
based on your vision of retirement.
•• IRAs:
–– Traditional
–– Roth
Building a unique legacy
Estate planning typically brings together
the dimensions of life: personal, family,
financial and charitable. We will work
with you to understand the connections
between your life and legacy goals, and
work with your accountant and attorney to help you develop a strategy to
position your portfolio appropriately.
Giving back through philanthropy
Many successful individuals seek opportunities to support cultural and
educational institutions, and nonprofit
organizations and activities. Properly
undertaken, charitable giving can provide planning flexibility and benefits
for you. We can help you analyze and
implement a strategy that rewards you
while it benefits causes you care about.
•• Charitable lead and
remainder trusts
•• Family foundations
Strengthening your business
The links between business ownership and personal wealth are many
and complex. Whether your objective
is to grow your business, realize its
value through a succession strategy
or sale, or maintain family ownership
by the next generation, we can examine your alternatives in light of both
business and personal objectives. And,
Educating new generations
should circumstance require it, we can
Helping to meet the education costs use the access to banking services of
of children and grandchildren may be Morgan Stanley Smith Barney.
one of the most attractive and person- •• Credit facilities
ally fulfilling investment opportunities •• Cash management
available to you. We can help you ac- •• Retirement plans
cess appropriate investment vehicles — ​ •• Succession planning
529 plans and custodial accounts.
•• Insurance
Protecting your wealth
Insurance can play a critical role in
virtually any comprehensive financial
strategy, helping you to protect the value
of your assets, protect your income
and your family’s financial security — ​
even perform important functions in
a business succession or estate plan.
We can help you analyze your current
insurance portfolio and work to update
your coverages to fulfill personal and
strategic goals.
•• Life and disability income insurance
•• Life insurance trusts
Meeting current liquidity
and banking needs
Managing personal cash and securing
liquidity for personal needs and opportunities are the day-to-day aspects
of implementing a financial strategy.
We can help you meet your personal
cash management and borrowing needs
while thinking strategically about how
approaches may affect current and longterm costs and taxes.
•• Home finance
•• Lending services
•• Securities-backed loans
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$1.7 Trillion
7,000,000
17,600
800
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130
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t e a m w i t h d e e P w e a lt h
m a n ag e m e n t e x P e r i e n c e
exPerience
A Strong, Steady Force in a Changing Industry
Information as of 08/08/2011 unless otherwise indicated
c l i e n t acco u n t S
f i n a n c i a l a dv i S o r S
g lo b a l loc at i o n S
y e a r S o f co m b i n e d
c l i e n t a SS e t S
A CULTURE of
EXCELLENCE
OvER ThE yEARs, yOU hAvE mAdE mAny finAnCiAL dECisiOns.
OnE in pARTiCULAR is LikELy TO hAvE A LAsTing impACT
On yOUR wELL bEing And ThAT Of yOUR fAmiLy:
ThE ChOiCE Of A finAnCiAL AdvisOR.
Investors who choose Morgan Stanley
often tell us that their reasoning is simple.
They choose a Financial Advisor — and
a firm — that mirrors the values propelling their own success: a commitment
to perform at the highest level for their
clients, with no shortcuts, compromises
or excuses.
knowledge of financial opportunities
and the potential risks.
This combination positions us to
help develop, structure and execute
strategies for your most important
financial needs, from accumulating
wealth to investing for income, from
creating retirement reserves to devising a distribution approach that meets
your lifestyle and legacy goals.
invEstmEnt insight without
limits. As a client, you have access
a profound undErstanding of wEalth
managEmEnt nEEds
Business Strategies
Charitable Pursuits
Education Funding
Estate Planning
Integrated Planning
Investment Management
Liquidity
Retirement
Risk Management
vast ExpEriEncE. Drawing on many
years of experience, Morgan Stanley
understands the importance of shaping
relationships that reflect client needs,
preferences and aspirations.
Our firm and Financial Advisors
have an in-depth understanding of
virtually all the challenges, goals,
preferences, styles and strategies that
distinguish wealthy investors. Additionally, as a truly global financial
institution, we have an equally acute
to the strategic and tactical views of
some of the world’s most seasoned and
respected investment professionals.
The members of our Global Investment
Committee develop strategies that guide
the management of advisory accounts
and help to inform the decisions of
clients across Morgan Stanley.
The team is currently supported
by the work of 300 analysts at two of
the world’s largest investment banks,
Morgan Stanley and Citi, who cover key
geographic and economic sectors, as well
as 2,500 individual equity securities.
You also benefit from a premier trading and execution platform. Think of
our 210 capital markets professionals
as experienced, highly responsive and
knowledgeable partners.
pErformancE that sEEks to mEEt
your mEasurE. Among the most im-
portant skills of our Financial Advisors
is the ability to listen: to understand
your financial needs and then align
Please read important disclosures on the back cover of this brochure
the resources to help meet them. Your
Financial Advisor can help you evaluate immediate concerns and plan for
long-term goals, be a sounding board for
your investment ideas, and assist you in
developing and executing a strategy that
is precisely your own and help deliver
results that meet your needs.
Your Financial Advisor is your advocate within our firm, an intelligent
editor who selects and aligns the many
capabilities of Morgan Stanley for you,
delivering the right resources to you
in the way that is most appropriate
for how you invest and what you want
to achieve.
onE of thE world’s
strongEst invEstmEnt organizations
stands BEhind your
financial advisor
Financial Advisors have
access to top-flight research
from both Morgan Stanley
and Citi. Combined, they
analyze and track the
progress of more than
2,500 companies all over
the world.
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Morgan Stanley Smith Barney strives to offer clients the finest
in financial thinking, products and execution to help them meet
their individual needs and achieve their personal financial goals.
When we work together, you’ll benefit from personalized advice,
objective guidance and dedication to your success as an investor.
With access to Morgan Stanley Smith Barney’s renowned
global resources and investment opportunities, we can help you
develop and maintain an optimal investment strategy. Our wealth
management strategy will address key areas of your financial
life beyond traditional investments and may incorporate diverse
recommendations for building and protecting your wealth.
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Morga n S ta n le y Sm i t h Ba rn e y
Morgan Stanley Smith Barney offers a wide array of brokerage and
advisory services to its clients, each of which may create a different
type of relationship with different obligations to you. Please contact
us to understand these differences.
Asset allocation and diversification do not guarantee a profit or
protect against loss.
Morgan Stanley Smith Barney LLC (“Morgan Stanley Smith Barney”) is
a registered broker-dealer, not a bank. Where appropriate, Morgan Stanley
Smith Barney has entered into arrangements with banks and other
third parties to assist in offering certain banking-related products and
services. Unless otherwise specifically disclosed to you in writing, in© 2012 Morgan Stanley Smith Barney LLC. Member SIPC.
vestments and services offered through Morgan Stanley Smith Barney,
member SIPC, are not insured by the FDIC, are not deposits or other
obligations of, or guaranteed by, banks and involve investment risks,
including possible loss of principal amount invested.
Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley
Smith Barney Financial Advisors do not provide tax or legal advice.
This material was not intended or written to be used for the purpose
of avoiding tax penalties that may be imposed on the taxpayer. Clients
should consult their tax advisor for matters involving taxation and
tax planning and their attorney for matters involving trust and estate
planning and other legal matters.
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