Priority Credit Line. Meet today s financing needs while preparing for the future

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1 Priority Credit Line Meet today s financing needs while preparing for the future

2 Access cash without selling assets As a savvy investor, you know that managing both sides of your balance sheet is an important aspect of your financial success. Planning for borrowing needs in the context of your larger financial picture and using credit responsibly may help you increase your financial flexibility while keeping your financial goals intact. And that s where a Wells Fargo Advisors Priority Credit Line may come in handy. The Priority Credit Line is a line of credit backed by the value of eligible securities in your Wells Fargo Advisors accounts. This liquidity tool is designed to help you meet personal or business cash-flow needs. It offers an alternative to premature liquidation of assets, deferring potential capital gains taxes. A Priority Credit Line does not charge origination, non-usage or termination fees or require monthly payments.

3 Enjoy the benefits u A Priority Credit Line can be used for practically any purpose other than purchasing or trading securities or paying off a margin account. u Credit and background checks are not required to establish a Priority Credit Line since the line is supported by your eligible assets. u You ll enjoy a streamlined account-opening process and have easy access to funds via access checks and online banking. u A Priority Credit Line allows you to pledge assets for your personal and business borrowing needs. u You can stay invested in the market while leveraging your securities for liquidity. u The line s competitive interest rates are generally lower than credit cards or other forms of borrowing. u You may also be eligible for relationship pricing discounts based on your relationship with Wells Fargo Advisors.

4 Carefully consider whether securitiesbased borrowing is right for you Securities-based borrowing has special risks and is not suitable for all investors. If the market value of pledged securities declines below required levels, you may be required to pay down your line of credit or pledge additional eligible securities in order to maintain it; otherwise the firm may require the sale of some or all of the pledged securities. The sale of pledged securities may cause adverse tax consequences.* The risks of securities-based borrowing include: Market fluctuations that may cause the value of pledged assets to decline A decline in the value of your securities that could result in selling your securities to maintain equity Adverse tax consequences as a result of selling securities* * Wells Fargo Advisors and its affiliates are not tax or legal advisors.

5 Use your Priority Credit Line to Fund home improvements Consolidate higher-interest debt Finance a business Establish an emergency fund Pay a tax bill Or whatever need is a priority for you

6 Why choose Wells Fargo Advisors? Wells Fargo Advisors is known and respected for responsible stewardship of its clients assets. Your Financial Advisor can help you take an objective look at your full financial picture, which includes your borrowing needs and liquidity strategy. He or she will take the time to explore your options with you and help provide financial solutions that meet your needs leading up to and through retirement. Call your Financial Advisor today to learn how a Priority Credit Line can help meet your liquidity needs. Securities-based lending has special risks and is not suitable for everyone. If the market value of your pledged securities declines below required levels, you may be required to pay down your line of credit or pledge additional eligible securities in order to maintain it, or the lender may require the sale of some or all of your pledged securities. Wells Fargo Advisors will attempt to notify you of maintenance calls but is not required to do so. You are not entitled to choose which securities in your accounts are sold. The sale of your pledged securities may cause you to suffer adverse tax consequences. You should discuss the tax implications of pledging securities as collateral with your tax advisor. Wells Fargo Advisors and its affiliates are not tax or legal advisors. All securities and accounts are subject to eligibility requirements. Please read all lines of credit documents carefully. The proceeds from securities-based lines of credit may not be used to purchase additional securities or pay down margin. Investment and Insurance Products: u NOT FDIC Insured u NO Bank Guarantee u MAY Lose Value Wells Fargo Advisors will act as broker-dealer and First Clearing, LLC ( FCC ), will act as lender and carry your Priority Credit Line account. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC ( WFA ), and Wells Fargo Advisors Financial Network, LLC ( WFAFN ). WFA, WFAFN, and FCC are separate, registered brokerdealers, Members SIPC, and non-bank affiliates of Wells Fargo & Company. 2013, 2014 Wells Fargo Advisors, LLC. All rights reserved v (Rev 01, 1 ea)