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, 2015

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 - 31.39%
  • Limit orders as percentage of total non-directed orders - 15.47%
  • Other orders as percentage of total non-directed orders - 3.14%

Venues Receiving Significant Percentage of Total Non-Directed Orders

  1. KCG Americas LLC - 39.82%
  2. Citadel Securities LLC - 35.85%
  3. UBS Securities, LLC - 8.97%
  4. EDGX Exchange, Inc. - 4.24%
  5. New York Stock Exchange - 2.66%
  6. Citigroup Global Markets, Inc. - 2.28%
  7. BATS Exchange, Inc. - 1.72%
  8. National Financial Services LLC - 1.21%
  9. BATS Y-Exchange, Inc. - 1.02%
  10. Instinet LLC - 1.02%

Information Concerning Significant Venues

  1. KCG Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 40.75%
    • Limit orders as percentage of total limit orders - 27.26%
    • Other orders as percentage of total other orders - 77.78%
  2. Citadel Securities LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 41.87%
    • Limit orders as percentage of total limit orders - 9.38%
    • Other orders as percentage of total other orders - 10.26%
  3. UBS Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 9.77%
    • Limit orders as percentage of total limit orders - 4.69%
    • Other orders as percentage of total other orders - 9.40%
  4. EDGX 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 - 27.43%
    • Other orders as percentage of total other orders - 0.00%
  5. New York Stock 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 - 17.79%
    • Other orders as percentage of total other orders - 0.00%
  6. Citigroup Global Markets, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 2.71%
    • Limit orders as percentage of total limit orders - 0.52%
    • Other orders as percentage of total other orders - 0.00%
  7. BATS 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 - 11.11%
    • Other orders as percentage of total other orders - 0.00%
  8. National Financial Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.32%
    • Limit orders as percentage of total limit orders - 0.35%
    • Other orders as percentage of total other orders - 2.56%
  9. BATS Y-Exchange, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.22%
    • Limit orders as percentage of total limit orders - 0.17%
    • Other orders as percentage of total other orders - 0.00%
  10. Instinet LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.25%
    • Limit orders as percentage of total limit orders - 0.00%
    • 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 75.68%
  • Limit orders as percentage of total non-directed orders 22.91%
  • Other orders as percentage of total non-directed orders 1.41%

Venues Receiving Significant Percentage of Total Non-Directed Orders

  1. Citadel Securities LLC - 39.25%
  2. KCG Americas LLC - 35.44%
  3. UBS Securities, LLC - 8.91%
  4. EDGX Exchange, Inc. - 6.39%
  5. Nasdaq - 2.95%
  6. Citigroup Global Markets, Inc. - 2.03%
  7. BATS Exchange, Inc. - 1.54%
  8. National Financial Services LLC - 1.11%
  9. BATS Y-Exchange, Inc. - 0.98%
  10. Instinet LLC - 0.55%

Information Concerning Significant Venues

  1. Citadel Securities LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 44.81%
    • Limit orders as percentage of total limit orders - 21.72%
    • Other orders as percentage of total other orders - 26.09%
  2. KCG Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 38.39%
    • Limit orders as percentage of total limit orders - 24.40%
    • Other orders as percentage of total other orders - 56.52%
  3. USB Securities, LLC.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 10.31%
    • Limit orders as percentage of total limit orders - 3.75%
    • Other orders as percentage of total other orders - 17.39%
  4. EDGX 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 - 27.88%
    • Other orders as percentage of total other orders - 0.00%
  5. Nasdaq
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.00%
    • Limit orders as percentage of total limit orders - 12.87%
    • Other orders as percentage of total other orders - 0.00%
  6. Citigroup Global Markets, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 2.25%
    • Limit orders as percentage of total limit orders - 0.54%
    • Other orders as percentage of total other orders - 0.00%
  7. BATS 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 - 6.70%
    • Other orders as percentage of total other orders - 0.00%
  8. National Financial Services LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.22%
    • Limit orders as percentage of total limit orders - 0.80%
    • Other orders as percentage of total other orders - 0.00%
  9. BATS Y-Exchange, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.22%
    • Limit orders as percentage of total limit orders - 0.27%
    • Other orders as percentage of total other orders - 0.00%
  10. Instinet LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.73%
    • 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 97.84%
  • Limit orders as percentage of total non-directed orders 1.81%
  • Other orders as percentage of total non-directed orders 0.35%

Venues Receiving Significant Percentage of Total Non-Directed Orders

  1. Citadel Securities LLC - 43.03%
  2. KCG Americas LLC - 38.07%
  3. UBS Securities, LLC - 8.98%
  4. Citigroup Global Markets, Inc. - 3.19%
  5. Jane Street Execution, LLC - 2.03%
  6. BATS Y-Exchange, Inc. - 1.21%
  7. EDGX Exchange, Inc. - 0.91%
  8. National Financial Services LLC - 0.91%
  9. Two Sigma Securities, LLC - 0.65%
  10. Instinet LLC - 0.60%

Information Concerning Significant Venues

  1. Citadel Securities LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 43.36%
    • Limit orders as percentage of total limit orders - 21.43%
    • Other orders as percentage of total other orders - 62.50%
  2. KCG Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 38.51%
    • Limit orders as percentage of total limit orders - 14.29%
    • Other orders as percentage of total other orders - 37.50%
  3. UBS Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 9.13%
    • Limit orders as percentage of total limit orders - 2.38%
    • Other orders as percentage of total other orders - 0.00%
  4. Citigroup Global Markets, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 3.26%
    • Limit orders as percentage of total limit orders - 0.00%
    • Other orders as percentage of total other orders - 0.00%
  5. Jane Street Execution, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 2.07%
    • Limit orders as percentage of total limit orders - 0.00%
    • Other orders as percentage of total other orders - 0.00%
  6. BATS Y-Exchange, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.19%
    • Limit orders as percentage of total limit orders - 2.38%
    • Other orders as percentage of total other orders - 0.00%
  7. EDGX 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 - 50.00%
    • Other orders as percentage of total other orders - 0.00%
  8. National Financial Services LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.93%
    • Limit orders as percentage of total limit orders - 0.00%
    • Other orders as percentage of total other orders - 0.00%
  9. Two Sigma Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.66%
    • Limit orders as percentage of total limit orders - 0.00%
    • Other orders as percentage of total other orders - 0.00%
  10. Instinet LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 0.62%
    • Limit orders as percentage of total limit orders - 0.00%
    • 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 13.81%
  • Limit orders as percentage of total non-directed orders 84.13%
  • Other orders as percentage of total non-directed orders 2.06%

Venues Receiving Significant Percentage of Total Non-Directed Orders

  1. The Chicago Board Options Exchange - 37.94%
  2. Nasdaq Options Market - 16.51%
  3. NASDAQ OMX PHLX - 11.59%
  4. NYSE Arca Options - 9.52%
  5. The MIAX Options Exchange - 8.41%
  6. BATS Options Exchange, Inc. - 8.10%
  7. ISE Gemini Options Exchange - 6.51%
  8. The Boston Option Exchange - 0.63%
  9. NYSE Amex Options - 0.48%
  10. The International Securities Exchange - 0.16%

Information Concerning Significant Venues

  1. The Chicago Board Options Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 58.62%
    • Limit orders as percentage of total limit orders - 34.53%
    • Other orders as percentage of total other orders - 38.46%
  2. Nasdaq Options Market
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.15%
    • Limit orders as percentage of total limit orders - 19.43%
    • Other orders as percentage of total other orders - 0.00%
  3. NASDAQ OMX PHLX
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 19.54%
    • Limit orders as percentage of total limit orders - 10.19%
    • Other orders as percentage of total other orders - 15.38%
  4. 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 - 11.32%
    • Other orders as percentage of total other orders - 0.00%
  5. The MIAX Options Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 18.39%
    • Limit orders as percentage of total limit orders - 6.98%
    • Other orders as percentage of total other orders - 0.00%
  6. 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 - 9.06%
    • Other orders as percentage of total other orders - 23.08%
  7. ISE Gemini 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 - 7.17%
    • Other orders as percentage of total other orders - 23.08%
  8. The Boston Option Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.15%
    • Limit orders as percentage of total limit orders - 0.57%
    • Other orders as percentage of total other orders - 0.00%
  9. NYSE Amex Options
    Types of Orders Routed to Venue:
    • Market orders as percentage of total market orders - 1.15%
    • Limit orders as percentage of total limit orders - 0.38%
    • Other orders as percentage of total other orders - 0.00%
  10. The International Securities 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 - 0.19%
    • Other orders as percentage of total other orders - 0.00%

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 available through FTB Advisors, Inc., member FINRA, SIPC, and a subsidiary of FTB. Arkansas License # 416584. Insurance products available through FTB Advisors Insurance Services, Inc. (”FTBIS”), a subsidiary of FTB. Arkansas License # 247414. In some states, insurance products and annuities are provided by First Horizon Insurance Services, Inc. (“FHIS”), a Tennessee corporation, and a subsidiary of FTB. The principal place of business of FHIS is 165 Madison Ave., Memphis, TN 38103. California License # OD12174. FTBIS, FTB Advisors, Inc., and FHIS may transact insurance business or offer annuities only in states where they are licensed or where they are exempted or excluded 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.

©2014 First Tennessee Bank National Association. www.firsttennessee.com