Legal Disclosures
1) Investments are not guaranteed to rise in value,risk of loss of principal is possible.
2) We offer several different investment advisory programs that have different features and support different types of investment strategies. Each of these Programs are described in this disclosure. Each Program also has a disclosure document on file with the U.S Securities and Exchange Commission that is known as Form ADV Part 2 or the ADV Brochure.
3) Advisory Program- Inconnection with your decision to transition to advisory program, you acknowledge that you have considered each of the below relevant factors and confirm the following:
3a) Informed Consent to Establish an Advisory Account
3b) Advisory Fees- Unlike a brokerage account in which clients pay transaction-based fees or a commission for each trade, in your advisory account you will pay an annual advisory fee that is calculated based on a percentage of the value of your assets under management in your advisory account.
4) Trading Authority- Unlike a brokerage account where your Financial Advisor is required to obtain your approval for each trade, you understand that depending on the specific Program you choose, you may delegate investment authority to R&I Management.
5) Investment Restrictions- You may request reasonable restrictions on the management of your account such as certain securities or categories of securities not to be purchased for your account. Depending on the Program, either R&I Management or the Manager will determine, in its sole discretion, how to implement such restrictions. Any restriction you impose will not apply to the management of the underlying securities in any mutual fund, closed-ended fund, variable annuity, or ETF included in your account. Different Programs may address such restrictions differently and may not be able to accommodate the same restrictions. Such restrictions may negatively impact the performance of your account. Please consult with the Manager.
