Ladenburg Thalman Asset MGMT

Information contained herein is derived from and based upon data obtained from one or more unaffiliated third parties. Due to the possibility of human or mechanical error by these third parties, the data contained herein is not guaranteed as to its accuracy or completeness and no warranties are made with respect to results obtained from its use. While every effort is made to provide reports free from errors, they are derived from data received from one or more third parties and, as a result, complete accuracy cannot be guaranteed.

This information is provided to you in combined form, solely for your convenience and ease of review. Inquiries or concerns regarding your account should be directed to your advisor. Ladenburg Thalmann is not liable for any errors reported to Ladenburg if reported after 30 days. Any oral communications regarding inaccuracies or discrepancies should be reconfirmed in writing to protect your rights. Please include your account number to ensure a prompt reply. As it relates to Custom Allocation Programs, Ladenburg Thalmann is not acting in the role of the investment advisor and does not have an advisory relationship with the client.

Please note: The performance data for Fund Family Totals does not take into consideration any fees or expenses. The inclusion of fees and expenses would have lowered this performance figure. The Registration Totals and Client Totals performance figures do include applicable fees and expenses.

NOT FDIC Insured

Ladenburg Thalmann Asset Management, Ladenburg Thalmann, LTAM, LAMP, Triad, Investacorp, Securities America.