EFTA00791740.pdf

Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 (877) 870-7230 international Beneficiary mernew FINRA SIPC BAINCO Investors Account Statement Account Number: Statement Period: 12/01/2016 - 12/31/2016 IRA FRO AVRAM NOAM CHOMSKY PERSHING LLC AS CUSTODIAN Portfolio at a Glance Thls Period Yeai4o-Oate B/O CAROL CHOMSKY DECEASED Beginning Account Value 3388,829.23 $461,886.94 984 MEMORIAL DR AFT 404 Net Cash Deposits and Withdrawals 0.00 -99.700.49 CAMBRIDGE MA 02138-5747 Adjusted Previous Account Value 388,829.23 362,186.45 Dividends, Interest and Other Income 1967.04 6,756.63 Net Other Activity 0.00 -5,762.00 Net Chan. e in Portfolio 3 754.99 30 470.18 Ending Account Value S393.651.26 S393,651.26 Your Investment Advisor: Accrued Interest $0.00 BAINCO INTERNATIONAL NV LLC Account Value with Accrued Interest $393,65126 (617) 5360333 Estimated Annual Income $5,475.20 Asset Summary Last Period This Period % Allocation Cash, Money Funds, and Bank Deposits' 29,079.78 29,564.06 8% Equities 294,808.45 299,414.20 76% Exchange-Traded Products 64.941.00 64.673.00 16% Account Total (Pie Chart) $388,829.23 $393,651.26 100% I The Bank Deposits In your account are FDIC Insured bank deposits. FDIC insured bank deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). These bank deposits are covered by the Federal Deposit Insurance Corporation (FDIC). up to allowable limits. Page 1of 19 Excellent Rated V.41 Cerro arieenowee nee.. came exams, PAR 0/ ROI I Go papedess ASK AeOuT (Ca ivERY Evety Since 2007 OALEIMI RATED COMMUNICATIONS me eta Sons ease verb imam Cowman rentnette. eves ANNA met MK essee EXCELLENCE EFTA00791740 Additional Information Description This Period Year-to-Date Securities Bought and Sold 458216 $86.212.23 Required Minimum Distribution Summary Cakulated Amount Prior Year-end Fair Market Value ("FMV"): $461,886.94 Calculation Factor: 6.3 Participant DOB: Beneficiary DOB: 00/0000 Beneficiary Relationship: NON-PERSON Amount Required to be Withdrawn for 2016: $73,315.38 Amount Withdrawn Year to Date: $100,000.00 The Remaining Amount You Are Required to Withdraw for 2016: $0.00 Disclaimers and Other important Information Regarding Your Required Minimum Distribution Summary Accorring to our records, you hold an inherited retirement account. Unless you are the spouse beneficiary of these assets and you choose to treat this account as your own, you are generally required to take a minimum distribution from the inherited account by December 31 of each year. The required minimum distribution (RMD) amount provided to you in the above calculation is based on the IRS Single Life Expectancy (SLE) table. Alternatively, if the original retirement account owner was not subject to RMDs, you can choose to distribute the balance of your inherited retirement account within five years of the owners death. II you do not take enough to satisfy the requirement, the IRS may impose a 50% excise tax on the shortfall. Due to the complexity of RMD requirements for inherited accounts. speak with your tax professional regarding the options available to you. For Your Information Reminder: Please make all checks for deposit into your investment account payable to either 'Pershing LLC" or 'Pershing LLC fbo (Account Registration)'. Be sure to also print your investment account number on the check. Including this information will allow for the timely and accurate deposit of funds to your account. Thank You. Client Service Information Your Investment Advisor: RBH Contact Information BAINCO INTERNATIONAL INV LW Telephone Number: (617) 536-0333 SUITE 440 500 BOYLSTON STREET BOSTON MA 02116 Your Account Information Retirement Information Year-End Fair Market Value (12/31/2016): $393,651.26. The year-end fair market value is furnished to the Internal Revenue Service for Individual Retirement Accounts. Your fair market value may change based on transaction or asset valuation adjustments made after 1261/2016. Page 2 of 19 Account Number: RM00 ExCollent •••••••••••••• LW. • SM. Owned ordiseSI PAR-O2-ROLL Go paperless Every Vow Yea 2007 DALSAR RATED COMMUNICATIONS TO. Maw M— Ammout. ammo mew int Onipan MC NNW 1•••••0 IRA FB0 AVRAM NORM CHOMSKY ASK AhOuT tauveltv D(CELLENCE EFTA00791741 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ O7399 Beneficiary (877) 87O-723O member Fitak, SIPC BAINCO international Investors AccountStatement Statement Period: 12/01/2016 12/31/2016 Your Account Information (continued) Tax Lot Default Disposition Method Default Method for Mutual Funds: HIGH COST LONG TERM Default Method for Stodcs in a Dividend Reinvestment Plan: HIGH COST LONG TERM Default Method for all Other Securities: HIGH COST LONG TERM Bond Amortization Elections: Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Ratable Method Include market discount in income annually: No Electronic Delivery E-mail notifications are delivered to the following e-mail address(es): You are currently enrolled to receive the following account communications via electronic delivery: cifitittt##@mitedu Trade Confirmations IcThi4iffIn@mitedu is on file for these documents Notifications The above e-mail address is partially masked for your security. Please log Prospectus' into your account to review the lull e-mail address. Please log in to your account to make any changes to your electronic delivery preferences. Portfolio Holdings Account Activity Opening Closing Accrued In:ome 30-Day Current Opening Date Quantity Number Ending Balance Balance Income This Year Yield Yield Cash, Money Funds, and Bank Deposits 8.00% of Portfolio Cash Balance 0.00 65.03 FDIC Insured Bank Deposits LIQUID INSURED DEPOSITS 12/01/16 2%499.060 NIA 12/30/16 29.079.78 29.499.06 0.14 4.97 N/A LA Total FDIC Insured Bank Deposits $29,079.78 $29,499.06 $0.14 $4.97 Total Cash, Money Funds, and Bank Deposits $29,079.78 $29,564.06 $0.14 $4.97 Unrealized Estimated Estimated Date Acquired Quantity Unit Cost Cost Bask Market Price Market Value Gain/loss Annual Income Yield Equities 76.00% of Portfolio Common Stocks AT&T INC COM Security Identifier: 7 Dividend Option: Cash CUSIP: 00206R102 01/02/15'.3 100.000 33.8630 3,386.30 42.5300 4,253.00 86670 196.00 4.60% Page 3 of 19 Account Number: A RNO EmcolleAl Claws. ataypfleWne ua. apt.. Orm•deenel.M1 PAR•02.ROLL Go paperless Cv"Y Ynt Sffic• 2007 OALEIAlt RATED COMMUNICATIONS Os* •• Nat V_ likeri Cowan SY WS. IRA FRO AVRAM NOAM CHOMSKY ASK AbOuT tauvEltv EXCELLENCE EFTA00791742 Portfolio Holdings (continued) Unrealized Estimated Estimated Date aired Cuantit Unit Cost Cost Basis Market Price Market Value Gain/Loss Annual Income Yield Equities (continued) Common Stocks (continued) ABBVIE INC COM Security Identifier: ABBY Dividend Option: Cash CUSP: 00287Y109 04/23/12 '4 100.000 31.1950 3.11950 62.6200 6,262.00 3.142.50 256.00 4.08% ALPHABET INC CAP STK CL C Security Identifier: GOOG Dividend Option: Cash CUSIP: 02079K107 10/26115 25.000 713.8260 17,845.64 771.8200 19,295.50 1.449.86 AMAZON COM INC Security Identifier: AMIN Dividend Option: Cash CLISIP: 023135106 04/06/16 • 10.000 595.5700 5,955.70 749.8700 7,498.70 1.543.00 BB&T CORP COM Security Identifier: BEST Dividend Option: Cash CUSIP: 054937107 02/02/12 200.000 28.1490 5.62970 47.0200 9,404.00 3,774.30 240.00 2.55% BANK AMER CORP COM Security Identifier: BAC Dividend Option: Cash CUSP: 060505104 03/16/12 400.000 9.6950 3,877.80 22.1000 8,840.00 4,962.20 120.00 1.35% BERKSHIRE HATHAWAY INC DEL CL B NEW Security Identifier: BRK B Dividend Option: Cash CUSP: 084670702 04/14/16 • 125.000 143.7510 17,968.90 162.9800 20,372.50 2,403.60 BIOGEN IDEC INC COM Security Identifier: BNB Dividend Option: Cash CUSP: 09062%103 10/30/15 ',3 25.000 292.5970 7,314.92 283.5800 7,089.50 •225A2 BRISTOL MYERS SQUIBB CO COM Security Identifier: BMY Dividend Option: Cash CUSIP: 110122108 10/07/16 • 100.000 553180 5,551.77 58.4400 5,844.00 29223 156.00 2.66% COCA COLA COMPANY Security Identifier: KO Dividend Option: Cash CUSIP: 191216100 02/15/12 .+3 200.000 342980 6,859.50 41.4600 8,292.00 1,432.50 280.00 3.37% DANAHER CORP COM Security Identifier: DIN Dividend Option: Cash CUSIP: 235851102 10/2V13 ..3 100.000 55.1000 5,509.98 77.8400 7,784.00 2,274.02 50.00 0.64% DISNEY WALT CO DISNEY COM Security Identifier: DIS Dividend Option: Cash CUSIP: 254687106 02/09/12 100.030 41.5380 4,153.79 1042200 10,422.00 6,268.21 156.00 1.49% EOG RES INC COM Security Identifier: EOG Dividend Option: Cash CUSIP: 26875P101 05/04/12 100.000 52.6610 5,266.14 101.1000 10,110.00 4,843.86 67.00 0.66% Page 4 of 19 Account Number te Rated E•tellent MAW".U.C. • •••••• sad elan PAP O2,ROIL Go paperiess (very Yeat Sake 7007 LAMAR RAMO COWALINICATICMS Claw aw Vw• tolelam Canes. troPliya 'AC. ',rest PIMA NVICSec ••••••• IRA FB0 AVRAM NOAM CHOMSKY ASK AlbOLIT t.OO.77ZRY EXCELLENCE EFTA00791743 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 Beneficiary (877) 870-7230 Member FINRA, SIPC BAINCO international Investors Account Statement Statement Period: 12/01/2016 - 12/31/2016 Portfolio Holdings (continued) Unrealized Estimated Estimated Date Acquired Quantity Unit Cost Cost Basis Market Price Market MN Gain/loss Annual Income Yield Equities (continued) Common Stocks (continued) EXXON MOBIL CORP COM Security Identifier: XOM Dividend Option: Cash CUSIP: 30231G102 05/04/12 .4 100.000 84.9060 8,490.59 902600 9,026.00 535.41 300.00 3.32% FACEBOOK INC CL A Security Identifier: FB Dividend Option: Cash CUSIP:30303M102 10/23/15 100.000 102.4200 10,242.02 115.0500 11,505.00 1,26298 FORTIVE CORP COM Security Identifier: FTV Dividend Option: Cash CUSIP: 34959J108 10/22/13 • 50.000 34.2850 1,714.27 53.6300 2,681.50 96723 14.00 0.52% 09/30/16 • 450.000 50.9020 22,905.69 53.6300 24,133.50 1,227.81 126.00 0.52% Total Noncovered 500.000 24 619.96 26,815.00 2,195.04 140.00 Total 500.000 324,619.96 $26,815.00 $2,195.04 $140.00 GENERAL ELECTRIC CO COM Security Identifier: GE Dividend Option: Cash CUSIP: 369604103 10/22/13 300.000 26.1900 7,856.97 31.6000 9,480.00 1,62103 288.00 3.03% HOME DEPOT INC COM Security Identifier: HD Dividend Option: Cash CUSIP: 437076102 03/21/14 100.000 80.7540 8,075.43 134.0800 13,408.00 5,332.57 276.00 2.05% HONEYWELL INTL INC COM Security Identifier: HON Dividend Option: Cash CUSIP: 438516106 07/08/10 200.000 40.2500 8,050.00 115.8500 23,170.00 15,120.00 53200 2.29% JOHNSON & JOHNSON COM Security Identifier: JNJ Dividend Option: Cash CUSIP: 478160104 01/26/12 200.000 65.8270 13,165.36 115.2100 23,042.00 9,876.64 640.00 2.77% TJX COS INC PEW COM Security Identifier: TJX Dividend Option: Cash CUSIP: 872540109 05/24/13 200.000 50.1510 10,030.24 75.1300 15,026.00 4,99526 208.00 1.38% US BANCORP DEL COM Security Identifier: USB Dividend Option: Cash CUSIP: 902973304 Page 5 of 19 Acoount Number: Rated V.., Clesmo *Amp. PARR", LAC . la.. owned AARRIOrt PAR 02 ROLL Go paperless (win V" I SW" 2007 ewe SO liar Yen Caraneet r•stA N SC WC IRA FB0 AVRAM NOAM CHOMSKY ASK MORT it CONON OALSAII RATED COMMUNICATIONS EXCELLENCE Peeinvini.0 EFTA00791744 Portfolio Holdings (continued) Unrealized Estimated Estimated Date Ac uired Quantit Unit Cost Cost Basis Market Price Market Value Gain/Loss Annual Income Yield Equities (continued) Common Stocks (continued) US BANCORP DEL COM (continued) 01/31/12 200.000 28.3640 5.672.80 51.3700 10.274.00 4.601.20 224.00 2.18% UNITEDHEALTH GROUP INC COM Security Identifier: UNH Dividend Option: Cash CUSIP: 91324P102 12/24/12 100.000 54.9990 5,499.88 160.0400 16.004.00 10,504.12 250.00 1.56% sVISA INC COM CL A Security Identifier: V Dividend Option: Cash CUSIP: 92826C839 Please Provide' 200.000 N/A Please Provide 78.0200 15.604.00 N/A 132.00 0.84% Total Common Stocks $194,142.89 3298,821.20 $89,074.31 $4,511.00 Options CALL 100 SPDR GOLD TR GOLD SHS Option Identifier: 99OAFKFFW EXP [email protected] OPTION ROOT= GLD Underlying Security Identifier: GLO Underlying Security Price: $109.61 10/06/16 -1.000 3.5500 -354.95 0.0700 -7.00 347.95 PUT 100 SPDR S&P 500 ETF TR TR UNIT Option Identifier: 990AINOW EXP 03-17-17(0204.000 OPTION ROOT= SPY Underlying Security Identifier: SPY Underlying Security Price: $223.53 12/15/16 1.000 1.7070 170.68 1.6100 161.00 -9.68 PUT 100 SPDR SSP 500 ETF TR TR UNIT Option Identifier: 990AG0580 EXP [email protected] OPTION ROOT= SPY Underlying Security Identifier: SPY Underlying Security Price: $223.53 12/16/16 1.000 4.1210 412.08 4.3900 439.00 26.92 Total Options $227.81 $593.00 $38519 $0.00 Total Equities $194,370.70 $299,414.20 $89,439.50 $4,511.00 Unrealized Estimated Estimated Date Acquired Quantity Unit Cost Cost Bub Market Price Madrid Value Gain/Loss Annual Income Yield Exchange-Traded Products 16.00% of Portfolio ISHARES TR MSCI INDIA ETF Security Identifier: INDA Dividend Option: Cash: Capital Gains Option: Cash CUSIP: 46429B598 09/13/16 ' 300.000 292790 8,783.56 26.8100 8,043.00 -740.56 72.74 0.90% SPDR GOLD TR GOLD SHS Security Identifier: GLD Dividend Option: Cash: Capital Gains Option: Cash CUSIP: 78463V107 06/27/16 100.000 126.8050 12,680.47 109.6100 10,961.00 -1,719.47 07/15/16 100.000 126.5420 12,654.22 109.6100 10,961.00 -1,69322 Total Noncovered 200.000 25,334.69 21,922.00 -3,412.69 Total 200.000 $25,334.69 $21,922.00 -$3,412.69 $0.00 Page 6 of 19 Account Number: cso papedess Rated (stollen( Every OA Yost Um* 2007 Osom staysosmons ua. • Ile Os* s SloS, Owned •Senai 90 Nat V.% likillenCommiailen ••••••0tY PAR 02 ROLL osinsuou.C. mister sessA tan VC IRA FB0 AVRAM NOAM CHOMSKY ASK rOttIVCRY LENA RATED COMMUNICATIONS EXCELLENCE EFTA00791745 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 (877) 870-7230 international Beneficiary Member FINRA, SIPC BAINCO Investors Account Statement Statement Period: 12/01/2016 - 12/31/2016 Portfolio Holdings (continued) Unrealized Estimated Estimated Date Acquired Quantity Unit Cost Cost Bash Market Price Market Value Gain/loss Annual Income Yield Exchange-Traded Products (continued) SELECT SECTOR SPDR TR MATIS Security Identifier: XLB Dividend Option: Cash: Capital Gains Option: Cash CUSIP: 81369Y100 11/15/16' 300.000 48.0710 14,421.36 49.7000 14,910.00 488.64 290.69 1.94% VANGUARD FTSE DEVELOPED MARKETS Security Identifier: YEA ETF CUSIP: 921943858 Dividend Option: Cash: Capital Gains Option: Cash 11/25/13 300.000 41.0150 12,304.57 36.5400 10,962.00 -1,342.57 33420 3.04% WANGUARD INTL EQUITY INDEX FD INC FTSE Security Identifier: VEU ALL WORLD EX US INDEX FD ETFS SHS CUSIP: 922042775 Dividend Option: Cash: Capital Gains Option: Cash Please Provide' 200.000 N/A Please Provide 44.1800 8.836.00 NIA 261.60 2.96% Total Exchange-Traded Products $60,844.18 $64,673.00 -$5,007.18 $959.23 Unrealized Accrued Estimated Cost Basis Market Value Galn/Loss Interest Annual Income Total Portfolio Holdings $264,778.94 $393,651.26 $84,432.32 $0.00 $5,475.20 • Noncovered under the cost basis rules as defined below. Securities acquired before 2011 or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended ('IRC') (incorporating amendments enacted by P.L.110-343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered "noncovered' under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered' under the new cost basis reporting rules. Securities which are 'covered' under the new cost basis reporting rules are defined as non-retirement. US taxpayers securities which have been acquired on or after thee 'applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1.2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1, 2012 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1, 2014. 3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. $ Unrealized gains and losses are not reported for securities for which cost basis or market value is not available. Page 7 of 19 Account Number: • •••• ExC•110011 Oslo. IRRNOSIMIniel.1.0.• ROW. awned siAaRlbov PAR 0/ RCM I Go paperless aik ) Ve.t SM." 2007 RI TS, Omni el Nem Yet 0•••••••••• ARensupU.C. Rooter MIA Milt WC Ran IRA F8O AVRAM NOAM CHOMSKY ASR APR" it.01-LIVCRY OMAAR RATED COMMUNICATIONS D(CCUINCE EFTA00791746 Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including shod positions, at the dose of the statement period. The market prices, unless otherwise noted, have been oldained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ from the actual sale price. Securities for which a price is not available are marked 'NIA' and are omitted from the Total. THE AS OF PRICE DATE ONLY APPEARS WHEN THE PRICE DATE DOES NOT EQUAL THE STATEMENT DATE. Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making investment, trading. or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to mvw.pershing.comlbusiness_confinuity.html for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing may execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business thy, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Papa of 19 Account Number GO paperleSS Rsted Emollont Fiery VAN SIAM 2007