[AFA] Knowledge...Understanding

 Ancona Financial Advisors

Important Consumer Disclosure
Ancona Financial Advisors ("AFA") is a State of New Jersey registered Investment Adviser principally located in Scotch Plains, New Jersey. AFA and its representatives are in compliance with the current filing requirements imposed upon State of New Jersey registered investment advisers. AFA will transact business in New Jersey or in other states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. AFA's web site is limited to the dissemination of general information pertaining to its diversified services. Accordingly, the publication of AFA's web site on the Internet should not be construed by any consumer and/or prospective client as AFA's solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by AFA with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of AFA, please contact the state securities law administrator. A copy of AFA's current written disclosure statement discussing AFA's business operations, services, and fees is available from AFA upon written request. AFA does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to AFA's web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended by AFA) or product made reference to directly or indirectly by AFA in its web site, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client's investment portfolio. Historical performance results for investment indices and/or categories generally do not reflect the deduction of transaction and/or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.

Certain portions of AFA's web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, AFA's (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from AFA or from any other investment professional. Correspondingly, each client and prospective client agrees, as a condition precedent to his/her/its access to AFA's web site, to release and hold harmless AFA, its officers, directors, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from AFA.

To the extent that any client or prospective client utilizes any information contained within or linked to AFA's web site, the client and/or prospective client is advised that the information resulting from the use is not, and should not be construed, in any manner whatsoever as the receipt of, or a substitute for, personalized individual advice from AFA, or from any other investment professional.