IMPORTANT DISCLOSURE INFORMATION
Portfolio Advisors, Inc. (“PAI”) is an SEC registered investment adviser located in Fresno, California. PAI and its representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those states in which PAI maintains clients. PAI may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. PAI's web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of PAI'sweb site on the Internet should not be construed by any consumer and/or prospective client as PAI'ssolicitation 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 PAI 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 PAI, please contact the SEC or the state securities regulators for those states in which PAI maintains a notice filing. A copy of PAI'scurrent written disclosure statement discussing PAI'sbusiness operations, services, and fees is available from PAI upon written request. PAI 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 PAIweb 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.
Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by PAI), will be profitable or equal any historical performance level(s).
Certain portions of PAI'sweb site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, PAI (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 PAI, or from any other investment professional. PAI is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.
Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PAI is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of PAI by any of its clients. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser.
To the extent that any client or prospective client utilizes any economic calculator or similar interactive device contained within or linked to PAI's web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from PAI, or from any other investment professional.
Each client and prospective client agrees, as a condition precedent to his/her/its access to PAI's web site, to release and hold harmless PAI, its officers, directors, owners, 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 PAI.
II. WEB SITE ACKNOWLEDGEMENT
Portfolio Advisors, Inc.
WEB SITE ACCESS ACKNOWLEDGMENT
As a client of Portfolio Advisors, Inc. (“PAI”), by selecting the “I Agree” button, I elect to participate in the password-protected access portion of PAIInternet web site. I understand that my participation will allow me to review certain investment-related information published by PAI and unaffiliated third parties. This password-protected access is made available to clients of PAI free of charge. This authorization shall continue until canceled in writing.
I understand that the password-protected section is a secure web site intended only to allow a client access to information relative to his/her/its specific account. I also understand that I will be assigned an individual password. I agree not to share my password with any other person. I hereby release and hold PAIharmless from any adverse consequences relative to any failure by me to keep the identity of my password secure.
III. Newsletter/Article of general circulation (including non-clients)
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Portfolio Advisors, Inc.), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Portfolio Advisors, Inc.. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Portfolio Advisors, Inc. is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice. A copy of the Portfolio Advisors, Inc.'s current written disclosure statement discussing our advisory services and fees is available upon request.