Disclosures

Auction Rate Securities Brokerage Disclosure Disclosures client Rate Schedule Investor Education Margin Mutual Funds Options Order Routing Information Patriot Act Cash Sweep Program Money Market Funds FDIC Insurance

Know Your Broker

Further information regarding your financial advisor can be found via:

Investment Advisor Public Disclosure (IAPD) FINRA BrokerCheck®

Both are free tools to help you research the professional background of E.K. Riley Investments and your financial advisor.

Professional Designations

In the financial industry, you may find that your financial advisor has a professional designation. In order to help you understand the value of your advisor’s designation, please read the following summaries below about professional designations that your financial advisor may have. Please contact your financial advisor if you have any questions about professional designations.

Chartered Financial Analyst (CFA®)

This designation is offered by the CFA Institute (formerly the Association for Investment Management and Research [AIMR]). To obtain the CFA charter, candidates must successfully complete three difficult exams and gain at least three (3) years of qualifying work experience, among other requirements. In passing these exams, candidates demonstrate their competence, integrity and extensive knowledge in accounting, ethical and professional standards, economics, portfolio management and security analysis.

Certified Financial Planner® (CFP®)

The program is administered by the Certified Financial Planner Board of Standards, Inc. Those with the CFP® designation have demonstrated competency in all areas of finance related to financial planning. Candidates complete studies on over 100 topics, including stocks, bonds, taxes, insurance, retirement planning and estate planning.

In addition to passing the CFP certification exam, candidates must also complete qualifying work experience and agree to adhere to the CFP Board’s code of ethics and professional responsibility and financial planning standards.

Certified Wealth Strategist® (CWS®)

This designation is offered by Cannon Financial Institute. It is a 6-month program designed to help professionals become wealth strategists by familiarizing them with a finite number of wealth management topics critical to the consumer, affluent and wealthy. Prerequisites for the CWS program include 3+ years experience in the financial service industry, significant experience in client-facing role or a 4-year degree.

Titles

You may notice that your financial advisor has titles such as: Vice President, Executive Vice President, Senior Vice President, President, Investment Manager, Executive Director, etc.

These titles generally do not require any educational requirements and do not represent any particular skills that your financial advisor may have that would affect the financial advice they may give you.

Memberships, Appointments, Councils

Being on a committee does not necessarily mean that your financial advisor has special skills that would affect the level of service or advice he or she gives to clients.

Some councils such as Presidents’ Committee or Chairman’s Council are representative of the advisor having met certain sales goals.