The following report is a diagnostic tool intended to review your current financial situation and suggest potential planning ideas and concepts that may be of benefit. The purpose of the report is to illustrate how accepted financial and estate planning principles may improve your current situation.
This report is based upon information and assumptions provided by you (the client). This report provides broad and general guidelines on the advantages of certain financial planning concepts and does not constitute a recommendation of any particular technique. The consolidated report is provided for informational purposes as a courtesy to you. We recommend that you review your plan annually, unless changes in your personal or financial circumstances require more frequent review. All reports should be reviewed in conjunction with your fact summary and this Disclaimer page.
The term "plan" or "planning," when used within this report, does not imply that a recommendation has been made to implement one or more financial plans or make a particular investment. Nor does the plan or report provide legal, accounting, financial, tax or other advice. Rather, the report and the illustrations therein provide a summary of certain potential financial strategies. The reports provide projections based on various assumptions and are therefore hypothetical in nature and not guarantees of investment returns. You should consult your tax and/or legal advisors before implementing any transactions and/or strategies concerning your finances.
Additionally, this report may not reflect all holdings or transactions, their costs, or proceeds received by you. It may contain information on assets that are not held at the broker/dealer with whom your financial representative is registered. As such, those assets will not be included on the broker/dealer’s books and records. Prices that may be indicated in this report are obtained from sources we consider reliable but are not guaranteed. Past performance is no guarantee of future performance and it is important to realize that actual results may differ from the projections contained in this report. The presentation of investment returns set forth in this report does not reflect the deduction of any commissions. Projected valuations and/or rates of return may not take into account surrender charges on products you might own. They will reflect any fees or product charges when entered by the advisor/ representative. Deduction of such charges will result in a lower rate of return.
It is important to compare the information on this report with the statements you receive from the custodian(s) for your account(s). Please note that there may be minor variations due to calculation methodologies. If you have any questions, please contact your financial representative. Also, your account(s) may not be covered by FDIC or SIPC. FDIC and SIPC coverages apply only to certain assets and may be subject to limitations. Questions about coverage that may apply should be directed to the asset provider or sponsor.
The information contained in this report is not written or intended as financial, tax or legal advice. The information provided herein may not be relied on for purposes of avoiding any federal tax penalties. You are encouraged to seek financial, tax and legal advice from your professional advisors.
Tools such as the Monte Carlo simulation will yield different results depending on the variables inputted, and the assumptions underlying the calculation. For those reports that perform a Monte Carlo analysis, the term 'Monte Carlo' will be included in the report title. The assumptions with respect to the simulation include the assumed rates of return and standard deviations of the portfolio model associated with each asset. The assumed rates of return are based on the historical rates of returns and standard deviations, for certain periods of time, for the benchmark indexes comprising the asset classes in the model portfolio. Since the market data used to generate these rates of return change over time your results will vary with each use over time.
Monte Carlo Analysis is a mathematical process used to implement complex statistical methods that chart the probability of certain financial outcomes at certain times in the future. This charting is accomplished by generating hundreds of possible economic scenarios that could affect the performance of your investments.
The Monte Carlo simulation uses at most 1000 scenarios to determine the probability of outcomes resulting from the asset allocation choices and underlying assumptions regarding rates of return and volatility of certain asset classes. Some of these scenarios will assume very favorable financial market returns, consistent with some of the best periods in investing history for investors. Some scenarios will conform to the worst periods in investing history. Most scenarios will fall somewhere in between.
The outcomes presented using the Monte Carlo simulation represent only a few of the many possible outcomes. Since past performance and market conditions may not be repeated in the future, your investment goals may not be fulfilled by following advice that is based on the projections.
I/We have received and read this Disclaimer page and understand its contents and, therefore, the limitations of the report. Furthermore, I understand that none of the calculations and presentations of investment returns are guaranteed.
Advisory Services through Atlantic Financial Advisors, LLC (AFA), Registered Investment Advisor. Securities and additional Advisory services offered through Independent Financial Group, LLC (IFG). Member FINRA/SIPC AFA and IFG are not affiliated. OSJ Branch: 12671 High Bluff Dr, Ste 200, San Diego, CA 92130.
The information contained in this report is for informational purposes only, reflects activity for periods shown and is based on sources believed to be accurate but cannot be guaranteed. It is neither an official statement of your account with, nor has the data been audited by your registered representative or Independent Financial Group, LLC as to its accuracy. Please refer to the confirmation notices and client statements that you receive directly from the custodians, sponsors or carriers. Source information is available upon request. However, information provided or entered by the client has not been verified and the source information may not be available.
Prices may be net of applicable fees, charges and expenses. Prices may include dividends, distributions, additional contributions or withdrawals. Prices, yields, and total returns will fluctuate. Prices shown may reflect an approximate or estimated value, and not necessarily reflect actual selling or market prices. Some assets may be illiquid or offer limited liquidity. Assets held away may not be covered by SIPC.
Tax deferred accounts/products (such as variable annuities) have various rules and restrictions that apply regarding accessibility of funds, tax consequences, and other factors. The information provided is not intended as tax or legal advice. Consult your tax and legal professional for details on your situation.
Alternative Investment Information
Alternative Investment securities are not listed on a securities exchange, generally illiquid, and if you are able to sell the securities, the price received may be less than the per share value provided in your account statement. Estimated Values of Alternative Investments have been provided by the manager or the administrator of the Alternative Investment product. Values are not guaranteed, provided for information only, and intended to reflect an estimated interest in the Alternative Investment represented by the units or shares described.
Appraised Value (NAV)
Values provided for positions that are not regularly reported are estimates only and have been obtained from the issuers most recent report filed with the SEC. These valuations which the issuer is solely responsible for are done at least annually, are conducted by or with the material assistance or confirmation of, a third-party valuation expert or service and are derived from a methodology that confirms to the standard industry practice.
Net Investment (NIM)
The estimated value reflects Net Investment as defined by FINRA Rule 2310 (formerly NASD Rule 2340) and is based on the estimated percentage deduction from the aggregate dollar amount of securities registered for sale to the public of sales commissions, dealer manager fees and estimated issuer offering and organization expenses.
IMPORTANT: Part of your distribution may include a return of capital (versus return on capital). A return of capital may reduce the estimated per share value shown on your official account statement.
Assets that are non-reportable, non-traded or not verified by an official statement cannot be accurately valued and will not have a listed value. If any of these types of assets are included in your statement, the initial purchase information is being included strictly as a courtesy and is not intended to reflect the value you may realize if the issuer liquidates or if you attempt to sell your interest. Therefore values of non-reporting assets are described as "Unavailable" and are not included in the total portfolio value.