Disclaimer



Overview

This report is provided to you by your representative either in his/her capacity as a registered representative, an investment adviser representative, or a financial planner “advisor” of MML Investors Services, LLC (“MMLIS”), Member SIPC. Any advice provided by your Advisor is solely incidental to any insurance or brokerage business.

Unless you have entered into a financial planning agreement, the attached report is not considered a financial plan. If you are receiving this as part of your financial plan, please refer to the Part 2A Form ADV Brochure and the Client Agreement for additional details.

Your Advisor

Because your Advisor may possess multiple licenses and registrations and can therefore act in multiple capacities, it is important for you to understand the capacity that your Advisor is acting in at each point in time. To the extent you are not sure of your Advisor’s role, please ask your Advisor to explain it.

Please note: Unless you are a financial planning or investment advisory customer, our interests may not always be the same as yours. Please ask your Advisor questions to make sure you understand your rights and our obligations to you, including the extent of our obligations to disclose conflicts of interest and to act in your best interest. When you purchase securities or other products, we are paid both by you and, sometimes, by people who compensate us based on what you buy. Therefore, our profits, and our advisors' compensation, may vary by product and over time.

Scope of the Report

This report provides broad, general guidelines and strategies which may help you define your insurance and investment objectives and tolerance to risk. This report is provided for educational purposes only and you should not rely on it as the primary basis for your insurance, investment, financial, or tax planning decisions. The reports and graphs are dependent upon the quality and accuracy of the data furnished by you, including information about your investments (e.g., rates of return, holdings, etc.), anticipated retirement needs and anticipated future income, as well as certain assumptions as to future inflation rates, rates of return, and income tax rates. The usefulness of this report will depend on the accuracy and completeness of the information you provided. Your Advisor will not independently verify any information that you provided.

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 strategies or make a particular investment. Nor does the 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. This report may incorporate a number of assumptions regarding tax rates based on information provided by you. MMLIS, its agents, and representatives may not give legal, tax or accounting advice and this document should not be construed as such. Clients should confer with their qualified legal, tax and accounting advisors as appropriate.

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 MMLIS, with whom your Advisor is registered. As such, those assets will not be included on MMLIS’s broker-dealer books and records. Values 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 values and/or rates of return may not take into account fees, charges or expenses on products you might own. They will reflect any fees or product charges when entered by your Advisor. Deduction of such charges will result in a lower rate of return.

These reports are provided for informational purposes only and are not intended to replace your official account statements from the sponsor or custodian. As always, you should refer to your official account statements to compile a complete and accurate inventory of your accounts. You are also strongly encouraged to review your official account statements and compare them against the values and other information contained in the report(s). In the case of any discrepancy, you should rely on your official account statements as the most accurate source of information. Questions regarding any account listed on the reports should be directed to the customer contact information identified on the official account statement. Assets may not be covered by SIPC.

Results May Vary With Each Use and Over Time

The Monte Carlo simulation that may be part of this presentation does not utilize historical data for any specific securities. Rather, it uses the historical data for broad asset classes, such as "Small Cap Stocks" and "Long Term Bonds." In order to produce meaningful results, these simulations are processed many times.

By varying the rates of return to simulate the fluctuations that can be experienced in the marketplace, a more accurate reflection of the real-life ups and downs of the investment environment is presented. The results may vary with each use and over time due to the random nature in which the simulations are generated and the regular updating of historical asset class data.

These multiple simulations produce a range of results. These results are then analyzed and probabilities are associated with the outcome. Due to the random nature in which the simulations are generated and the regular updating of historical asset class data, the results may vary over time, even if the underlying assumptions are not changed.

Information Regarding Asset Allocation

This report may contain an asset allocation analysis. An investment based upon any of these asset allocation models should only be made with an understanding of the risks associated with any investment in securities. Talk to your Advisor for further information and to make sure you understand these risks. As with any investment, investment returns and principal value will fluctuate, so that when redeemed, an investor's shares may be worth more or less than their original cost.

If this report suggests a change in your asset allocation, keep in mind that selling appreciated securities to reallocate your portfolio may result in current tax liability not reflected in this report and may have the effect of reducing the amount actually invested in the proposed portfolio. Recommended Asset Allocation Portfolios are supported by the client Risk Tolerance Questionnaire or are based upon a prior discussion between the advisor and client if a Risk Tolerance Questionnaire has not been completed. You should consult your own personal tax and/or legal professionals before implementing any transactions and/or strategies concerning your finances.

While diversification through an asset allocation strategy is a useful technique that can help to manage overall portfolio risk and volatility, there is no certainty or assurance that a diversified portfolio will enhance overall return or outperform one that is not diversified. An investment made according to one of these asset allocation models neither guarantees a profit nor prevents the possibility of loss.

MML Investors Services, LLC is under no obligation to monitor the implementation of any recommendations included in this report, or to monitor your financial or other personal circumstances, or to suggest future revisions to this or any other report. No liability is assumed resulting from the use of the information contained in this report. You assume all responsibility for your financial decisions.