Duncan Williams Asset Management, LLC is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability. Any material prepared by Duncan Williams Asset Management, LLC is for informational purposes only. It is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy, or investment product.

Duncan Williams Asset Management, LLC does not provide tax or legal advice, and nothing contained in these materials should be taken as tax or legal advice. Please consult with your tax professional regarding your particular situation before implementing any strategies discussed. Advisory services are only offered to clients or prospective clients where Duncan Williams Asset Management, LLC and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Duncan Williams Asset Management, LLC unless a client service agreement is in place. Duncan Williams Asset Management, LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements.

Duncan Williams Asset Management, LLC website, www.dwassetmgmt.com, referred to herein as the "Website", 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 the Website on the Internet should not be construed by any client and/or prospective client as Duncan Williams Asset Management, LLC'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 Duncan Williams Asset Management, LLC with a prospective client will 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.

Furthermore, the information resulting from the use of any tools or other information on this website should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Duncan Williams Asset Management, LLC. Duncan Williams Asset Management, LLC does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to this website or incorporated herein, and takes no responsibility therefore. All such information is provided for convenience purposes only and all users thereof should be guided accordingly.

Duncan Williams Asset Management, LLC 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 the Website 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.

Certain portions of the Website (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Duncan Williams Asset Management, LLC (and those of other investment and non-investment professionals) positions and/or opinions as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current positions and/or opinions. Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Duncan Williams Asset Management, LLC, or from any other investment professional. Duncan Williams Asset Management, LLC is neither an attorney nor an accountant, and no portion of the Website content should be interpreted as legal, accounting, or tax advice.

Each client and prospective client agrees, as a condition precedent to his/her/its access to the Website, to release and hold harmless Duncan Williams Asset Management, LLC, 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 Duncan Williams Asset Management, LLC. Personnel of Duncan Williams Asset Management, LLC hold the designations or educational experience referenced on the website. In addition, Duncan Williams Asset Management, LLC itself is a member of certain organizations referenced on the website. You may request a copy of the Brochure Supplements for the personnel of Duncan Williams Asset Management, LLC for additional information regarding the education, business experience, and professional designations of the investment adviser representatives of Duncan Williams Asset Management, LLC.