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      "text": "1. The attainment of this objective assumes a normal market environment and may be impacted by external factors that cannot be predicted at this time, including geopolitical, macroeconomic and market conditions and future legislation and regulations and any changes thereto. Please also refer to the Notice on Slide 2 of this presentation.",
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      "text": "1. WM Loans represent loans from WM on U.S. Bank subsidiaries. U.S. Bank refers to the Firm's U.S. Bank operating subsidiaries Morgan Stanley Bank, N.A. and Morgan Stanley Private Bank, National Association. Metrics are as of 4Q 2019 and 4Q 2023.\n2. Household Penetration represents WM households engaged in U.S. Bank lending products as a percentage of those eligible for the products. Metrics are as of 4Q 2019 and 4Q 2023.\n3. These metrics represent increase in NNA excluding dividends and interest, and revenues from a sample of WM clients with a Morgan Stanley CashPlus account relative to select non-users over a 12-month period.",
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