RIA Disclosure

Registered Investment Adviser, or Registered Investment Adviser agent (“RIA agent”) may only transact in a particular state after licensure or satisfying qualification requirement of that sate, or only if they are excluded or exempted from the state’s broker dealer, BD agent or RIA agent requirements, as the case may be. Follow-up, individualized responses to consumer in a particular sate by the broker-dealer, BD agent, Registered Investment Adviser, or RIA agent that involve either the effecting or attempting to effect transaction in securities or the render of investment advice for compensation as the case may be shall not be made without first complying with the state’s broker dealer. BD agent, Registered Investment Adviser, or RIA agent requirement, or pursuant to an applicable state exemption or exclusion. For information concerning the licensure status or disciplinary history of a broker-dealer, BD agent, Registered Investment Adviser, or RIA agent, a consumer should contact his or her state securities law administrator.