Investing. retirement. Reach your goals with the powerful financial solutions inside.

Transcription

1 Investing. retirement. Trading. Reach your goals with the powerful financial solutions inside.

2 Why Choose E*TRADE? Strength We serve more than 4.4 million accounts worldwide. Stability The first online trade was made in 1983 using early E*TRADE technology. Today, E*TRADE FINANCIAL is a global financial services leader, delivering value and innovation to millions of customers in more than 40 countries worldwide. Value We can help you get the most out of your investments. Ease Through intelligence and innovation, we make your experience user-friendly and as smooth as possible. Service Whether it s online, by phone, or in person, we re dedicated to helping you make the right choices, right away. etrade.com ETRADE-1 visit your nearest E*TRADE Financial branch today to get started on your financial goals. * E*TRADE Securities ranked #1 Online Broker by SmartMoney Magazine, June 2008 Broker Survey, based on the following categories: Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst SM Partnership.

3 investing The Power to Do More with Your Money Powerful Technology to Help Maximize Your Assets Now you can make the most out of your money and valuable time. As a part of our dedication to providing you with one of the best financial experiences possible, we re proud to bring you the technology and value you need for fast, intelligent investing, including streaming real-time quotes. investing Low Flat Commissions Take advantage of our low stock and options commissions and options contract fees. Unlike some brokers, we only charge a commission on the first leg of spreads and combinations. Average Trades Per Quarter $50,000+ in assets or Less than 30 Low Stock and Options Commissions $7.99 flat $9.99 flat $12.99 flat Per Options Contract Fee The E*TRADE Complete Investment Account Manage all of your E*TRADE assets quickly and effectively. And get access to premium cash management features such as unlimited check writing and Bill Pay and a Complete Debit Card with unlimited ATM fee refunds 1 at more than 390,000 machines nationwide. Take immediate advantage of investment and interest-earning opportunities with quick online transfers between your E*TRADE accounts log on to all your accounts with a single E*TRADE log-in and password. 2 See all of your E*TRADE accounts trading, investing, and banking. 3 See how much you could earn with the Complete Savings Account from E*TRADE Bank, 3 which earns one of the highest yields in the country. 4 The fund s prospectus contains its investment objectives, risks, charges, expenses and other important information and should be read and considered carefully before investing. For a current prospectus, visit etrade.com/mutualfunds or visit the Exchange-Traded Funds Center at etrade.com/etf. 1 E*TRADE Securities will not charge you a fee for withdrawing funds from another institution s ATM nationwide, but the owner/operator of the ATM might. In those cases, E*TRADE will automatically refund your account for the amount of the fee by the following business day. E*TRADE Securities will impose a charge equal to 1% of the transaction amount (including credit reversals) for each foreign transaction that you conduct. Qualified customers with $50,000 or more in combined E*TRADE Securities and E*TRADE Bank accounts or who make 10 or more stock or options trades per month get unlimited ATM fee refunds. Other customers get up to five ATM fee refunds per month. To learn more about E*TRADE Complete qualifications, please visit etrade.com. 2 For details and important information about Quick Transfer, please visit etrade.com/quicktransferdetails for a listing of the limitations, restrictions and time deadlines associated with this service. 3 A $1 minimum deposit is required to open a new account. Withdrawal limits apply. Online statements required. 4 The Annual Percentage Yield (APY) of the Complete Savings Account as of 9/29/2008 is more than 8 times the national average APY for savings accounts with balances of $25,000. Source: Informa Research Services, Inc., Calabasas, CA, Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed. Questions? Call ETRADE-1 or visit etrade.com 3

4 Powerful Online Investing Tools Make informed investment choices with these six leading-edge tools designed to help you find the right investments for your portfolio, make online allocations, and diagnose whether your portfolio is as diverse as it can be. And, you ll also be able to gauge your investment risk level, calculate your potential income based on your current account holdings, as well as calculate the earning potential of your uninvested cash. Stock, Mutual Fund and ETF Screeners Quickly find the investments that match your goals by searching by cost, style, performance and more. The Comparison Tool lets you view comparisons of funds, expenses and ratings. Enhanced Mutual Fund and ETF Reports provide complex information in a way that is easy to understand. Intelligent Investing Optimizer With our free Intelligent Investing Optimizer, you can receive a recommended allocation for your uninvested cash. You can also analyze your current asset allocation and get a recommended E*TRADE All-Star Portfolio of leading no-load, no transaction fee mutual funds. 5 Portfolio Analyzer Are you as diversified as you think? Our free Portfolio Analyzer, powered by Morningstar, will tell you in seconds. Analyze your portfolio by sector, style, geography and more you can also instantly see if your mutual funds and ETFs have overlapping securities. risk Analyzer Our free Risk Analyzer lets you see at a glance whether your risk level is in sync with your investment goals. You ll be able to easily identify high-risk holdings, calculate the overall risk level of your portfolio and compare your returns against major indexes. Income Estimator Our free Income Estimator makes it easy to calculate the potential income from all current account holdings. You can estimate income from stocks, ETFs, mutual funds, and bonds as well as view upcoming dividends, capital gains, bond interest and principal. Intelligent Cash Optimizer 6 instantly calculate the earning potential of your uninvested cash and find out how much more you could possibly earn by moving it into a high-yield Complete Savings Account from E*TRADE Bank. 4 Questions? Call ETRADE-1 or visit etrade.com

5 Quickly Choose from Thousands of Mutual Funds and ETFs E*TRADE offers low fees, a free automatic investing program, easy-to-use tools to help you choose and much more, including: n Access to more than 7,000 mutual funds n Access to more than 1,000 funds with no loads and no transaction fees 7 n Every exchange-traded fund sold investing n Exclusive access to E*TRADE Family of Funds n Exclusive access to All-Star Funds of leading no-load, no-transaction fee mutual funds 8 Leading Sources of Research 9 With E*TRADE, you ll have access to in-depth institutional and broad-based research. Our enhanced online Research Center gives you access to research provided by: Start working toward all of your financial goals with E*TRADE today. For more information, visit etrade.com/invest or call ETRADE-1. 5 Investment recommendations are portfolios selected from the no-load, no-transaction fee funds included on the All Star List. All Star Funds are selected based on research provided by E*TRADE Financial Advisory Services. Investment recommendations are only available for portfolios with $50,000 - $250,000 of investable cash. 6 The Intelligent Cash Optimizer (ICO) is an exclusive feature of the E*TRADE Complete TM Investment Account and is available only to customers who have not selected a money market mutual fund as the sweep option for their uninvested cash. The ICO is available for customers who either have at least $50,000 in combined assets in their linked E*TRADE Securities and E*TRADE Bank accounts or who average at least 10 stock or options trades a month (30 trades a quarter.) 7 You can invest in the mutual funds available through E*TRADE Securities no-load, no-transaction fee program without paying loads, transaction fees or commissions. To discourage short-term trading, E*TRADE Securities will charge an Early Redemption Fee of $49.99 on redemptions or exchanges of no-load, no transaction fee funds that are held less than 90 days. Direxion, ProFunds and Rydex mutual funds, funds held at least 90 days will not be subject to the Early Redemption Fee. All fees and expenses as described in the fund s prospectus still apply. Please read the fund s prospectus carefully before investing. 8 The All-Star Funds are a quarterly list of leading mutual funds selected from the no-load funds offered through E*TRADE Securities. The funds are selected based on research provided by E*TRADE Financial Advisory Services. These funds have been determined to be structured through a sound investment philosophy and process; implemented with an acceptable level of investment risk; have a management strategy that is to deliver a reasonable investment return; and supported by a well-balanced investment firm. 9 Credit Suisse Research is generally available to customers who maintain a minimum of $100,000 or more in combined assets in E*TRADE Securities accounts (or in combined E*TRADE Securities and E*TRADE Bank accounts), provided, however, that such research may not be available to certain customers whose employers utilize E*TRADE Securities Designated Brokerage services and certain Stock Plan customers. Questions? Call ETRADE-1 or visit etrade.com 5

6 Retirement Meet Your Retirement Goals with Smart Solutions from E*TRADE Can you open an IRA? If you have earned income in any given year, you can open and contribute to an IRA. The earlier you do so, the more time your investments will have to compound. Consider these Retirement Facts FACT: Social Security is not enough According to the Social Security Administration, you will be responsible for up to 71% of your income upon retirement. 10 Pension Income 22% Asset Income 3% Social Security 29% FACT: Skipping a year can be costly Missing just one year of IRA contributions could cost you $73,926 or more in retirement benefits. * This hypothetical example assumes annual $5,000 IRA contributions are made on January 1 of each year beginning at the specified age and continuing until age 70. $950,000 $900,000 $930,510 $850,000 $856,584 $0 Income During Retirement 46% Never Starting Starting at age 36 Starting at age 35 * Assumes an 8% annual return and no withdrawals. This example is hypothetical and for illustrative purposes only. The results shown are not indicative of the performance of any portfolio; actual costs and returns may vary based on market conditions, timing and tax bracket. Any withdrawals by the contributor of tax-deferred accumulations, if not used for qualified expenses, are taxed at the contributor s ordinary income tax rate, and may be subject to a 10% penalty. FACT: you can contribute thousands of dollars to your retirement every year tax deferred As long as you have earned income (as opposed to interest, dividends, capital gains, etc.) you can open and contribute to an IRA. Contribution Limits For Traditional And Roth IRAs Year Under Age 50 maximum contribution Age 50 and over maximum contribution 2008 $5,000 $6, $5,000 $6,000 6 Questions? Call ETRADE-1 or visit etrade.com

7 Choosing the Right IRA for Your Needs Different people have different retirement needs. E*TRADE has a range of IRAs to help you meet your goals. Rollover IRA n You want to rollover a former company-sponsored retirement plan. n You d like no current taxes or penalties. n You want penalty-free withdrawals for home purchase and college costs. Traditional IRA n You want earnings, if any, compounded tax-deferred until they are withdrawn at age or later. n You want the ability to deduct your annual contributions from your taxes if you qualify. n You want the flexibility to use the assets for a home purchase, college costs or major medical expenses at any time. n Your income prohibits you from contributing to a Roth IRA, but you d still like to take advantage of tax-deferred growth. Roth IRA n You don t want an age limit on when you have to withdraw money. n You want the flexibility to withdraw original contributions tax-and penalty-free at any time, for any reason. n You want to withdraw earnings tax- and penalty-free at age provided account has been open at least five years. RETIREMENT IRAs for Minors n You d like the same tax benefits as either a Traditional or Roth IRA, and want the flexibility to use the funds to pay for college expenses. IRAs for Beneficiaries n You want to transfer an inherited IRA into your name. For customers 59 ½ and older The E*TRADE Complete IRA gives you any time access to your retirement money, 11 and comes with check writing, online billpay and a free Debit Card that lets you make no-fee ATM withdrawals. 12 Inquire today. 10 Social Security Administration, Office of Policy. Income of the Population 55 or Older, All withdrawals from IRA accounts will be considered distributions and reportable on form 1099R. You must include all amounts you receive from the IRA in your gross income except amounts attributed to non-deductible contributions and amounts rolled back into an IRA or qualified plan. Federal and state income tax will not be withheld from these payments and it is your responsibility to make estimated tax payments if necessary. You expressly assume the responsibility for any adverse consequence that may arise from an IRA withdrawal and agree that E*TRADE Securities shall in no way be held responsible. E*TRADE FINANCIAL Corp. and its affiliates do not provide tax advice, and none of this information should be construed as tax advice. Before acting on any information, consult your own accountant or tax advisor. 12 For the E*TRADE Complete IRA, E*TRADE Securities LLC will not charge you a fee for withdrawing funds from any ATM but the owner/operator of some ATMs may. In those cases, E*TRADE will automatically refund your account for the amount of the fee by the end of the following business day. Customers maintaining a balance of $50,000 or more in combined E*TRADE Securities and E*TRADE Bank accounts or by making at least 30 stock or options trades per quarter will receive unlimited ATM fee refunds. Other customers get up to five ATM fee refunds per month. Please see etrade.com to learn more about qualifications. Questions? Call ETRADE-1 or visit etrade.com 7

8 Choosing the Right Retirement Plan for Your Business Different business needs require different options. Which is why E*TRADE is pleased to offer four different retirement plans to help you meet your goals for your company and yourself. Individual 401(k) n You re self-employed and have no employees other than your spouse. n You want to set aside as much as possible for your retirement. n You can perform some administrative tasks, like filing IRS form 5500 or 5500-EZ each year. n You don t want account fees or minimums. SEP IRA n Your small business has employees and you want to offer them retirement benefits. n You want to set aside as much as possible for your retirement. n You want the flexibility to increase, decrease or skip annual contributions when needed. n You want low administrative costs and easy plan management. Simple IRA n Your small business has less than 100 employees and you want to offer them retirement benefits. n You want to reduce your business potential tax exposure by taking advantage of tax deductions for matching contributions made on behalf of employees. n You want personal tax deductions on your own contributions. n You d like no minimum initial deposit or balance requirements. Profit Sharing and Money Purchase Plans n Your small business has employees and you want to offer them retirement benefits with a vesting schedule. n You can perform some administrative tasks, like filing IRS Form 5500 or 5500-EZ each year. No Matter Which Retirement Plan (or Account) You Choose, You ll Pay No Account Fees Your E*TRADE IRA has no account fees or minimum balance requirements when you receive electronic confirms and statements. 13 Which means that more of every contribution you make goes toward your investment and they may grow faster. 8 Questions? Call ETRADE-1 or visit etrade.com

9 Three Ways to Access Advice E*TRADE offers three flexible levels of advice choose the exact solution you want or any combination of all three. Wealth Advisors Get a wealth advisor to invest for you and your family. Be free of the day-to-day responsibilities of managing your portfolio of $250,000 or more. Work directly with an E*TRADE wholly owned Wealth Management firm. 14 Financial Advisors Get a Financial Advisor to develop your long-term plan. E*TRADE Financial Advisors also provide recommendations for your brokerage account on investing a lump sum, managing a retirement plan rollover, or rebalancing your portfolio of $50,000 or more. 15 Online Advice Manage your own portfolio with free tools like our powerful Intelligent Investing Optimizer and online analyst research. 16 get the advice you want, the way you want it. Call to get a FREE portfolio review, go to etrade.com/advice or visit your local branch. RETIREMENT 13 There is no annual custodial fee for IRAs if you sign up for and maintain electronic delivery of statements and confirmations. If you choose paper delivery of these documents, you will be subject to a $25 annual custodial fee unless the total assets in your linked E*TRADE Bank and E*TRADE Securities brokerage accounts are $25,000 or more. Other fees may apply. May be subject to change. Please visit etrade.com/nofeeira for details. 14 Full Portfolio Management is a fee-based service provided by investment adviser affiliates registered with the Securities and Exchange Commission. You may request a free copy of a firm s Form ADV Part II, which describes among other things, affiliations, services offered and fees charged. Fee-based financial advisory services are provided to customers with a minimum investment amount of $250,000 by E*TRADE Financial Advisory Services companies. 15 Financial Advisors provide recommendations on mutual funds, bonds, preferred stocks, closed-end funds, structured products-including equity linked CDs, and asset allocation. Customers are required to complete additional forms and documentation in order to receive such services. Different commission structures may apply and in some cases may be less or more than the rates posted on the website. 16 Invest on Your Own as a brokerage customer of E*TRADE Securities LLC. Questions? Call ETRADE-1 or visit etrade.com 9

10 Trading The Power You Need The Performance You Expect Extraordinary Value and Technology for Active Traders E*TRADE helps you make the most of your time and money with low flat commissions, a 2-second execution guarantee 17, competitive margin rates and no platform fees. Low Flat Commissions Take advantage of trades starting as low as $6.99, our low stock and options customized commissions and options contract fees. Unlike some other brokers, we only charge a commission on the first leg of spreads and combinations. Average Trades Per Quarter Low Stock and Options Commissions $6.99 flat $7.99 flat $9.99 flat Per Options Contract Fee Advanced Platforms Power E*TRADE gives you a choice of two high-powered, no fee trading platforms that are frequently updated to give you an edge in today s markets. Power E*TRADE Pro Our desktop trading software platform delivers direct access to three ECNs* (Arca, INET, BRUT), the NYSE and all 6 options exchanges, real-time streaming market data, advanced charting and virtually unlimited customizability. Power E*TRADE Pro offers the performance, access and information you need to take advantage of fast-moving opportunities. 18 * An ECN fee of $0.005 per share will be added to all trades executed during the Extended Hours trading sessions and on trades executed through Power E*TRADE PRO at an ECN during regular market and Extended Hours sessions Streaming Nasdaq TotalView 2 Streaming watch list 3 Advanced real-time charting tools and technical overlays 3 10 Questions? Call ETRADE-1 or visit etrade.com

11 E*TRADE MarketTrader Launch our web-based trading command center from any PC anywhere no need to install desktop software. E*TRADE MarketTrader lets you track market trends in real time, enter orders quickly and manage your accounts all from a single page. 1 1 conditional orders and account alerts Streaming portfolio and watch lists 3 Free streaming Dow Jones news 4 Streaming interactive charts 3 Dow Jones is a registered trademark of Dow Jones & Company, Inc. Options Trading E*TRADE makes it easy for you to trade options like a professional with flexible financial requirements and information you need to make informed options trading decisions. Plus, you can take advantage of advanced options trading strategies in IRAs, including spreads. Save with Competitive Options Maintenance Requirements Our fair and reasonable requirements make E*TRADE more competitive than most other brokerages. Trade on Margin Maintenance requirements are important when you re trading on margin. E*TRADE s margin requirements on both equities and options are designed to help you maximize your trading power Qualifying orders for the 2-second execution guarantee are limited to market orders to buy, sell, or buy-to-cover from 100 to 500 shares of the stocks included in the S&P 500 Index and exchange-traded funds, if applicable received between 9:45 a.m. and 3:59 p.m. For more details and information about the 2-second execution guarantee, visit etrade.com/2secondguarantee. 18 The Power E*TRADE Pro and Power E*TRADE MarketTrader trading platforms are available at no additional charge to active traders who execute at least 30 stock or options trades during a calendar quarter. To continue receiving access to these platforms, you must execute at least 30 stock or options trades by the end of the following calendar quarter. 19 Trading on margin involves risk, including the possible loss of more money than you have deposited. In addition, E*TRADE Securities can force the sale of any securities in your account without contacting you if your equity falls below required levels, and you are not entitled to an extension of time in the event of a margin call. Please read more information regarding the risks of trading on margin at etrade.com/margin. When trading on margin, an investor borrows a portion of the funds he/she uses to buy stocks to try to take advantage of opportunities in the market. He/she pays interest on the funds borrowed until the loan is repaid. For each trade made in a margin account, we use all available cash and sweep funds first and then charge the customer the current margin interest rate on the balance of the funds required to fill the order. The minimum balance for a margin account is $2,000. Of course, borrowing on margin isn t for everyone. Before using margin, determine whether this type of trading strategy is right for you given your specific investment objectives, experience, risk tolerance, and financial situation. For more complete information, please read the FINRA Margin Disclosure Statement. TRADING Questions? Call ETRADE-1 or visit etrade.com 11

12 Level II Options Data and Direct Options Routing Get in-depth information on options, including market depth and liquidity to trade more effectively. Then, view options quotes across all six exchanges and route your order to seek the best execution available or use the AUTO button and leave the execution to us. Options strategies carry inherent risk of large potential losses and are not suitable for every investor. Prior to trading options, please review the Characteristics and Risk of Standardized Options brochure from The Options Clearing Corporation that accompanies this brochure. * *Because of the importance of tax considerations to all options transactions, the investor considering options should consult with his/her tax advisor as to how taxes affect the outcome of each option strategy. Commissions and other costs may be a significant factor. Choose from a Wide Range of Trading Strategies Our advanced streaming options chains make it easy to pinpoint the strategy that best meets your trading objective. Research and execute 11 different types of strategies from the straightforward to the complex and view price quotes for: n Covered Calls n Purchases/Sales of Puts and Calls n Spreads n Straddles/Strangles n Combinations n Ratio Spreads 20 A subsidiary of E*TRADE FINANCIAL Corporation has partnered with other firms as joint owners of the ISE Stock Exchange (ISE). 21 E*TRADE FINANCIAL Corp. and its affiliates are neither affiliated with nor share common ownership with The Market Guys, CBOE or CME. E*TRADE FINANCIAL Corp. and its affiliates neither endorse nor approve, explicitly or implicitly, the materials, products, services, strategies or recommendations (if any) provided by The Market Guys, ISE, CBOE or CME. 12 Questions? Call ETRADE-1 or visit etrade.com

13 Active Trader Education Take advantage of a variety of special educational programs for active traders, delivered by industry experts such as The Market Guys, ISE, 20 CBOE, and the CME. 21 E*TRADE is proud to offer online seminars as well as live events to help active traders stay on the cutting edge of trading trends. To find seminars on the topics most relevant to you, please visit etrade.com/seminars Learn how to trade in a bear market and dozens of other trading techniques with E*TRADE educational programs. Global Trading Welcome to a Whole New World for Traders E*TRADE is a global financial services leader, currently operating in over 40 countries worldwide. Today, that experience is being used to bring you easy online access to equity investing in six major securities markets outside the U.S., including Canada, France, Germany, Hong Kong, Japan and the United Kingdom. We also offer international investing beyond these six markets with a wide array of international mutual funds, ETFs, and American Depositary Receipts (ADRs) online now at etrade.com. Investing outside the United States involves additional risks related to currency fluctuations, economic and political differences and differences in accounting standards. give Yourself the Edge You Need in Today s Market with Power E*TRADE. Open your account online at getpoweretrade.com or call ETRADE-1. TRADING Questions? Call ETRADE-1 or visit etrade.com 13

14 Great Benefits from E*TRADE Bank E*TRADE Bank offers the value of high-yield bank products, advanced tools and the convenience of integration with other E*TRADE accounts for all of your banking needs. Investment Products Not FDIC Insured No Bank Guarantee May Lose Value Powerful Products and Cutting-Edge Features Max-Rate Checking with No ATM Fees Earn over 4X the national average, with premium features and everything you would expect from a checking account. 22 In addition, you ll pay no ATM fees at any bank, any machine, nationwide via unlimited ATM fee refunds. 23 Advanced Online Banking Free bill pay, online check and deposit images and advanced online reporting. Quick Transfer Lets you move funds to and from any of your E*TRADE accounts quickly and easily. 24 Maximize the Potential of Your Uninvested Cash Complete Savings Account Earn over 8X the national average, with no minimums and no account fees. 25 High-Yield CDs Earn yields well above the national average 26 with easy, automatic renewal and maturity. 14 Questions? Call ETRADE-1 or visit etrade.com

15 Security You Can Trust E *TRADE FINANCIAL already maintains the highest levels of security available. Now we re exceeding today s standards with our new E*TRADE Complete Protection Guarantee. The Security ID makes unauthorized log-on virtually impossible. For more information, please visit etrade.com/onlinesecurity 22 The APY of the Max-Rate Checking Account as of 1/20/09 is more than 4 times the national average APY for checking accounts with balances of $5,000. Source: Informa Research Services, inc., Calabasas, CA, Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed. 23 With Max-Rate Checking, E*TRADE Bank will not charge you a fee for withdrawing funds from any institution s ATM nationwide but the owner/operator of the ATM may. These fees will automatically be credited to your account. E*TRADE Bank does impose a charge equal to 1% of the transaction amount (including credits and reversals) for non-u.s. currency transactions. In the event E*TRADE Bank in its sole discretion determines that there has been either fraudulent or excessive use of the feature on a given account, E*TRADE Bank reserves the right to remove this feature and not refund the ATM fees. For additional information and important details about how the ATM fee refund will be applied, please visit 24 For details and important information about Quick Transfer, please visit etrade.com/quicktransferdetails for a listing of the limitations, restrictions and time deadlines associated with this service. 25 The Annual Percentage Yield (APY) of the Complete Savings Account as of 9/29/08 is more than 8 times the national average APY for savings accounts with balances of $25,000. Source: Informa Research Services, Inc., Calabasas, CA. Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed. 26 As of 9/24/2008, the 3-month, 6-month, 1-year, and 5-year CDs are among the highest yielding CDs on bankrate.com. Minimum deposit of $1,000 required. Withdrawal of principal before maturity date subject to penalty equal to 1/2 of the simple interest for the term of the CD, earned or unearned.

16 Call or visit us online to begin working toward your goals with E*TRADE. One of the most dynamic financial services firms, E*TRADE FINANCIAL is on a mission. We are expanding our proven online strengths. We continue to build innovative, value-driven products and cutting-edge technology in order to provide more ease and more value to our customers. etrade.com ETRADE-1 e *TRADE Branches Nationwide Arizona Massachusetts California Michigan Colorado Minnesota District of Columbia New York Florida North Carolina Georgia Pennsylvania Illinois Texas Washington PLEASE READ THE IMPORTANT INFORMATION BELOW. The E*TRADE FINANCIAL family of companies provides financial services that include trading, investing, and banking. Securities products and services offered by E*TRADE Securities LLC, Member FINRA/SIPC, are not insured by the FDIC, are not guaranteed deposits or obligations of E*TRADE Bank, and are subject to investment risk, including possible loss of the principal invested. Banking products and services are offered by E*TRADE Bank, a Federal savings bank, Member FDIC, or its subsidiaries. Bank deposits are FDIC-insured to at least to $250,000. E*TRADE Securities and E*TRADE Bank are separate but affiliated companies E*TRADE FINANCIAL Corp. All rights reserved BRKLDB3-B51603