FIRM: Securities and Advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC. Retirement plan consulting services offered through Institutional Investment Consulting, A Registered Investment Advisor and separate entity from LPL Financial.
STATEMENT OF OPINION: This and/or the accompanying information was prepared by or obtained from sources which Institutional Investment Consulting, LPL Financial believes to be reliable but does not guarantee its accuracy. Any opinions expressed or implied herein are not necessarily the same as those of Institutional Investment Consulting, LPL Financial research departments and are subject to change without notice. The report herein is not a complete analysis of every material fact in respect to any company, industry, or security. Any market prices are only indications of market values and are subject to change. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. No employee of Institutional Investment Consulting, LPL Financial or any affiliates, may provide “investment advise” or otherwise act as an ERISA fiduciary with respect to plan sponsors or plan participants on Defined Contribution plans when serving in the capacity of Broker of record. This includes advising plan participants about individual asset allocation among the funds. They may provide approved investment education materials and objective factual information & research, such as performance data, to help plan sponsors and participants make informed investment decisions. Institutional Investment Consulting, LPL Financial does not provide tax or legal advice; however, we would be glad to work with your accountant or tax or legal advisor to help you met your goals. Be sure to consult with your own tax and legal advisors before taking any action that would have consequences. Additional Information is available upon request.
ASSET CLASS SUITABILITY: Stocks of small companies are typically more volatile than stocks of larger companies. They often involve higher risks because they may lack the management expertise, financial resources, product diversification and competitive strengths to endure adverse economic conditions. High-yield, non-investment grade bonds are only suitable for aggressive investors willing to take greater risks, which could result in loss of principal and interest payments. Global/International investing involves risks not typically associated with US investing, including currency fluctuations, political instability, uncertain economic conditions and different accounting standards.
PAST PERFORMANCE: Past performance is not an indication of future results.
ASSET CLASS PERFORMANCE REPRESENTATIONS: Long Term Treasuries = LB Treasury Long; Municipals = LB Municipal; Foreign Bonds = Salomon World BIG – IB; US Govt/Credit = LB Govt/Credit; Mtge Backed Securities = ML Mortgage Master; Corporate Bonds = Salomon Corporate; 90 Day T-Bills = Salomon; Japanese Stocks = Salomon Japan BMI; High Yield Bonds = ML High Yield Master; Small Cap US Value = RU 2000 Value; MidCap US Stocks = RU Midcap; Large Cap US Value = RU 1000 Value; European Stocks = Salomon Europe BMI; Small Cap US Stocks = RU 2000; Lg Cap US Growth = RU 1000 Growth; Latin American Stocks = Salomon Latin America BMA; Sm Cap US Growth = RU 2000 Growth
BROAD EQUITY MARKET & SECTOR PERFORMANCE REPRESENTATIONS: Large-Cap = S&P 500; Mid-Cap = RU Midcap; Small-Cap = RU 2000; International = MSCI EAFE
DATA SOURCES: Information found in this document was derived from the following sources: Zephyr Associates Style Advisor, Mobius M-Watch, Bloomberg & Lehman Brothers.
ASSET ALLOCATION: Asset Allocation cannot eliminate the risk of fluctuating prices and uncertain returns.
INTERNATIONAL INVESTING: Global/International investing involves risks not typically associated with US investing, including currency fluctuations, political instability, uncertain economic conditions and different account standards.
SMALL CAP EQUITY: Stocks of small companies are typically more volatile than stocks of larger companies. They often involve higher risks because they may lack the management expertise, financial resources, product diversification and competitive strengths to endure adverse economic conditions.