Subject: RE: Butterfly From: Coley Jellinghaus Date: Tue, 25 Sep 2018 10:47:14 -0400 To: Stewart Oldfield Cc: Bradley Gillin Ok I'm trying Zia, best experience for client would be same coverage. I'll be back. From: Stewart Oldfield < › Date: Tuesday, Sep 25, 2.1 7:44 AM To: Coley Jellinghaus Cc: Bradley Gillin Subject: RE: Butte Yes. This a trust with several of Epstein's employees as beneficiaries, and him as grantor. He will have trading authority along with the trustee, but the assets are no longer his since the trust is irrevocable. So Zia felt we could not combine with his other assets to get to the KCP standard. Having said that, it's not clear to me that a client needs to be $50mm net worth to trade cash equities and bonds in KCP. Presumably not all of the IPO business meets that threshold, but you would know better. Either way, need to decide and get an account open as soon as we can at this point. Thanks From: Coley Jellinghaus Sent: Tuesday, September 25, 2018 10:41 AM To: Stewart Oldfie Cc: Bradley Gillin Subject: RE: Butterfly brokerage Is this the one we discussed with Ziggy that currently has KCP coverage for some related accounts? Sent with BlackBerry Work (www.blackberry.com) EFTA01420691 From: Stewart Oldfield ‹ > Date: Tuesday, Sep 25, 2018, 7:05 AM To: Coley Jellinghaus Cc: Bradley Gillin Subject: FW: Butterfly brokerage What's your current thinking on this? Need to get something opened for him. He asked a month ago From: Richard Kahn [mailto: Sent: Tuesday, September 25, 2018 10:04 AM To: Stewart Oldfield <IM > Subject: Re: Butterfly brokerage any update on when account may be opened? please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cel EFTA01420692 On Sep 18, 2018, at 3:12 PM, Stewart Oldfield ‹ > wrote: Who will have trading authority? Thanks <image001.png> Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel. Mobil Email Bank Trust Company Americas Bank Wealth Management Avenue. New York, NY 10154 Securities offered through Deutsche Bank Securities Inc. This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the EFTA01420693 material in this communication is strictly forbidden. Please refer to https://db.com/disclosures for additional EU corporate and regulatory disclosures. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01420694