All information contained herein is for informational purposes only and does not constitute a solicitation or offer to provide financial advice or investment advisory services. Such an offer can only be made in the state of Maryland, where we are registered as an investment advisor, or where we are excluded from registration or where an exemption from such registration exists. Any follow-up, or individualized response to any person that involves either the effecting or attempting to effect transactions in personal financial planning services, or the rendering of personalized investment advice for compensation, will not be made absent of compliance with state investment adviser requirements, or an applicable exemption or exclusion. This presentation does not purport to be a complete description of our services or performance. It is not our intention to state or imply in any manner that past results and/or profitability is an indication of future performance. All material presented is compiled from sources believed to be reliable. However, accuracy cannot be guaranteed.