Investments Disclosure

Note: Broker-dealers are required to disclose any material arrangements with the venues listed in each section below, including, but not limited to, any internalization or payment for order flow arrangements.

003 
  FTB ADVISORS, INC.
 165 Madison Ave.
 14th Floor 

  Memphis, TN 38103

SEC Rule 606 Quarterly Report for the Quarter Ending December 31, 2013

Securities Listed on New York Stock Exchange

Summary Statistics

  • Non-directed orders as percentage of total customer orders - 100.00%
  • Market orders as percentage of total non-directed orders - 73.94%
  • Limit orders as percentage of total non-directed orders - 25.09%
  • Other orders as percentage of total non-directed orders - 0.97%

Venues Receiving Significant Percentage of Total Non-Directed Orders

  1. KCG Americas, LLC. - 35.21%
  2. National Financial Services LLC - 17.23%
  3. Goldman, Sachs & Co.- 13.90%
  4. Citadel Securities LLC - 13.45%
  5. Two Sigma Securities, LLC - 7.11%
  6. UBS Securities, LLC - 5.62%
  7. Direct Edge Exchange - 3.41%
  8. Instinet LLC - 1.32%
  9. Nasdaq Execution Services, LLC - 0.90%
  10. NYSE Arca - 0.87%

Information Concerning Significant Venues:

  1. KCG Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 37.46%
    • Limit orders as percentage of total limit orders - 27.75%
    • Other orders as percentage of total other orders - 56.41%

  2. National Financial Services LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 9.08%
    • Limit orders as percentage of total limit orders - 41.92%
    • Other orders as percentage of total other orders - 0.00%

  3. Goldman, Sachs & Co.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 18.39%
    • Limit orders as percentage of total limit orders - 1.19%
    • Other orders as percentage of total other orders - 0.00%

  4. Citadel Securities LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 16.27%
    • Limit orders as percentage of total limit orders - 4.26%
    • Other orders as percentage of total other orders - 35.90%

  5. Two Sigma Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 9.11%
    • Limit orders as percentage of total limit orders - 1.29%
    • Other orders as percentage of total other orders - 5.13%

  6. UBS Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 7.06%
    • Limit orders as percentage of total limit orders - 1.49%
    • Other orders as percentage of total other orders - 2.56%

  7. Direct Edge Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 13.58%
    • Other orders as percentage of total other orders - 0.00%

  8. Instinet LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.78%
    • Limit orders as percentage of total limit orders - 0.00%
    • Other orders as percentage of total other orders - 0.00%

  9. Nasdaq Execution Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 3.57%
    • Other orders as percentage of total other orders - 0.00%

  10. NYSE Arca
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 3.47%
    • Other orders as percentage of total other orders - 0.00%

Securities Listed on the NASDAQ Stock Market

Summary Statistics

  • Non-directed orders as percentage of total customer orders - 100.00%
  • Market orders as percentage of total non-directed orders - 76.10%
  • Limit orders as percentage of total non-directed orders - 22.82%
  • Other orders as percentage of total non-directed orders - 1.07%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

  1. Citadel Securities, LLC - 31.37%
  2. KCG Americas LLC - 17.58%
  3. National Financial Services LLC - 16.10%
  4. UBS Securities, LLC - 13.25%
  5. Goldman, Sachs & Co. - 7.22%
  6. Two Sigma Securities, LLC - 6.27%
  7. Direct Edge Exchange - 4.79%
  8. Nasdaq Execution Services, LLC - 1.53%
  9. Instinet LLC - 0.74%
  10. AlterNet Securities Inc. - 0.50%

Information Concerning Significant Venues:

  1. Citadel Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 39.10%
    • Limit orders as percentage of total limit orders - 7.05%
    • Other orders as percentage of total other orders - 0.00%

  2. KCG Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 18.66%
    • Limit orders as percentage of total limit orders - 10.67%
    • Other orders as percentage of total other orders - 88.46%

  3. National Financial Services LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 7.43%
    • Limit orders as percentage of total limit orders - 45.75%
    • Other orders as percentage of total other orders - 0.00%

  4. UBS Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 16.00%
    • Limit orders as percentage of total limit orders - 4.34%
    • Other orders as percentage of total other orders - 7.69%

  5. Goldman, Sachs & Co.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 9.06%
    • Limit orders as percentage of total limit orders - 1.45%
    • Other orders as percentage of total other orders - 0.00%

  6. Two Sigma Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 7.92%
    • Limit orders as percentage of total limit orders - 0.90%
    • Other orders as percentage of total other orders - 3.85%

  7. Direct Edge Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 20.98%
    • Other orders as percentage of total other orders - 3.85%

  8. Nasdaq Execution Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.05%
    • Limit orders as percentage of total limit orders - 6.51%
    • Other orders as percentage of total other orders - 0.00%

  9. Instinet LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.92%
    • Limit orders as percentage of total limit orders - 0.18%
    • Other orders as percentage of total other orders - 0.00%

  10. AlterNet Securities Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.65%
    • Limit orders as percentage of total limit orders - 0.00%
    • Other orders as percentage of total other orders - 0.00%

Securities Listed on NYSE MKT or Regional Exchanges

Summary Statistics:

  • Non-directed orders as percentage of total customer orders - 100.00%
  • Market orders as percentage of total non-directed orders - 87.24%
  • Limit orders as percentage of total non-directed orders - 11.33%
  • Other orders as percentage of total non-directed orders - 1.45%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

  1. KCG Americas LLC- 32.45%
  2. Citadel Securities LLC - 26.02%
  3. Goldman, Sachs & Co. - 22.24%
  4. National Financial Services, LLC - 7.96%
  5. Two Sigma Securities, LLC - 3.27%
  6. UBS Securities, LLC - 2.96%
  7. NYSE Arca - 1.63%
  8. Citigroup Global Markets, Inc. - 1.02%
  9. Instinet LLC - 0.92%
  10. Direct Edge Exchange - 0.71%

Information Concerning Significant Venues

  1. KCG Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 33.68%
    • Limit orders as percentage of total limit orders - 17.12%
    • Other orders as percentage of total other orders - 78.57%

  2. Citadel Securities LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 28.54%
    • Limit orders as percentage of total limit orders - 7.21%
    • Other orders as percentage of total other orders - 21.43%

  3. Goldman, Sachs & Co.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 28.54%
    • Limit orders as percentage of total limit orders - 7.21%
    • Other orders as percentage of total other orders - 21.43%

  4. National Financial Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 5.50%
    • Limit orders as percentage of total limit orders - 27.93%
    • Other orders as percentage of total other orders - 0.00%

  5. Two Sigma Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 3.51%
    • Limit orders as percentage of total limit orders - 1.80%
    • Other orders as percentage of total other orders - 0.00%

  6. UBS Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 2.92%
    • Limit orders as percentage of total limit orders - 3.60%
    • Other orders as percentage of total other orders - 0.00%

  7. NYSE Arca
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 14.41%
    • Other orders as percentage of total other orders - 0.00%

  8. Citigroup Global Markets, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.12%
    • Limit orders as percentage of total limit orders - 8.11%
    • Other orders as percentage of total other orders - 0.00%

  9. Instinet LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.05%
    • Limit orders as percentage of total limit orders - 0.00%
    • Other orders as percentage of total other orders - 0.00%

  10. Direct Edge Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 6.31%
    • Other orders as percentage of total other orders - 0.00%

Exchange - Listed Options

Summary Statistics

  • Non-directed orders as percentage of total customer orders - 100.00%
  • Market orders as percentage of total non-directed orders - 30.43%
  • Limit orders as percentage of total non-directed orders - 69.08%
  • Other orders as percentage of total non-directed orders - 0.49%

Venues Receiving Significant Percentage of Total Non-Directed Orders

  1. Nasdaq Options Market - 37.66%
  2. The Chicago Board Options Exchange - 25.66%
  3. NYSE Amex Options - 9.05%
  4. NASDAQ OMX PHLX - 6.91%
  5. BATS Options Exchange, Inc. - 5.92%
  6. The Boston Option Exchange - 4.61%
  7. The International Securities Exchange - 4.61%
  8. NYSE Arca Options - 4.11%
  9. The MIAX Options Exchange - 0.66%
  10. C2 Options Exchange - 0.33%

Information Concerning Significant Venues

  1. Nasdaq Options Market
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 5.95%
    • Limit orders as percentage of total limit orders - 51.90%
    • Other orders as percentage of total other orders - 0.00%

  2. The Chicago Board Options Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 60.00%
    • Limit orders as percentage of total limit orders - 10.24%
    • Other orders as percentage of total other orders - 66.67%

  3. NYSE Amex Options
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 2.70%
    • Limit orders as percentage of total limit orders - 11.90%
    • Other orders as percentage of total other orders - 0.00%

  4. NASDAQ OMX PHLX
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 13.51%
    • Limit orders as percentage of total limit orders - 4.05%
    • Other orders as percentage of total other orders - 0.00%

  5. BATS Options Exchange, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 8.57%
    • Other orders as percentage of total other orders 0.00%

  6. The Boston Option Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 12.43%
    • Limit orders as percentage of total limit orders - 1.19%
    • Other orders as percentage of total other orders - 0.00%

  7. The International Securities Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 4.32%
    • Limit orders as percentage of total limit orders - 4.76%
    • Other orders as percentage of total other orders - 0.00%

  8. NYSE Arca Options
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 5.95%
    • Other orders as percentage of total other orders - 0.00%

  9. The MIAX Options Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 0.95%
    • Other orders as percentage of total other orders - 0.00%

  10. C2 Options Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 0.24%
    • Other orders as percentage of total other orders - 33.33%
 

 

The following information is a discussion concerning FTB Advisors, Inc.'s business relationship with each of the brokers identified above:

National Financial Services, LLC (NFS). NFS provides fully disclosed clearing services to FTB Advisors. Pursuant to this agreement, NFS provides clearing, custody, execution and other broker related services to FTB Advisors and its customers. FTB Advisors pays NFS a fee for performing these services. FTB Advisors may receive compensation from FTB Advisors or its affiliates in connection with purchases by FTB Advisors customers of shares of certain investment companies advised by affiliates of NFS.

MPAC Capital Partners LP (MPAC) provides order execution services to FTB Advisors for orders directed to it by FTB Advisors. FTB Advisors receives cash compensation from MPAC for customer orders transmitted to MPAC for execution.

Statement on Business Continuity

Insurance Products, Investments & Annuities: Not A Deposit | Not Guaranteed By The Bank Or Its Affiliates | Not FDIC Insured | Not Insured By Any Federal Government Agency | May Go Down In Value
Insurance Products and Annuities:  May be purchased from any agent or company, and the customer’s choice will not affect current or future credit decisions.
 

FTB Advisors is the trade name for wealth management products and services provided by First Tennessee Bank National Association (FTB) and its affiliates.  Financial planning and trust services provided by FTB. Investment management services, investments and annuities provided by FTB Advisors, Inc. member FINRA, SIPC and a subsidiary of FTB.  Insurance products provided by FTB Advisors Insurance Services, Inc. (FTBIS). In some states, insurance products and annuities are provided by First Horizon Insurance Services, Inc. (FHIS), a Tennessee corporation and a subsidiary of FTB, CA License #OD12174. The principal place of business of FHIS is 165 Madison Ave., Memphis,TN. 38103. 

FTB Advisors, Inc., FTBIS and FHIS may offer annuities or transact insurance business only in states where they are licensed or where they are exempted from state insurance licensing requirements.  FTB Advisors does not offer tax or legal advice.  You should consult your personal tax and/or legal advisor concerning your individual situation.

©2013 First Tennessee Bank National Association. www.firsttennessee.com