Important Information About Your Report
The report you have received is either a Financial Plan or a Foundational Analysis. Your report is a Financial Plan if it relates to a financial planning arrangement for which you (or your employer on your behalf) entered into a Financial Planning Agreement with Eagle Strategies LLC (“Eagle Strategies”) and paid a financial planning fee. Foundational Analysis reports are titled Foundational Analysis on the cover page. If you do not know whether this report is a Financial Plan or a Foundational Analysis, please ask your financial professional. Please carefully read the disclosures below for either a Financial Plan or Foundational Analysis, as applicable, and the General Disclosures. In this Important Information section, “we” and “us” means Eagle Strategies.
Financial Plan Disclosures
A Financial Plan report provides a general overview of some aspects of your personal financial situation. It is intended to review your current situation and provide guidelines and suggestions that may be of benefit to you. This report does not attempt to address all financial issues that may affect you. Rather, its scope is limited to the services stated in the Financial Planning Agreement you signed. We recommend that you review your specific plan annually, unless changes in your personal or financial circumstances require more frequent review. If you want Eagle Strategies to update your Financial Plan, you will need to enter into another Financial Planning Agreement, as each financial planning engagement ends when we deliver the Financial Plan.
Foundational Analysis Disclosures
You have asked us to prepare an analysis showing whether you are likely to meet specific financial goals. A Foundational Analysis report is not a financial plan and does not try to address all financial issues that may affect you. If you would like a more comprehensive analysis, please ask your financial professional about receiving a Financial Plan. We are providing the Foundational Analysis report to you without charge.
General Disclosures – Applying to Both Financial Plans and Foundational Analyses
Accuracy of Information: Results shown in this report are based on information that you have provided, which we have not verified. You are solely responsible for the accuracy and completeness of the information that you provide. If any of that information is inaccurate or incomplete, the output of this report may be affected.
Not an Official or Comprehensive Account Statement: This report may not reflect all holdings or transactions, their costs, or proceeds received by you. It may also contain information on assets that are not held by New York Life or its affiliates. Please see the “Account Information and Sources” section in your report for more information on the data you provided. This report is not an official account statement, and you should rely only on information contained in official account statements in making investment decisions. Pricing information used in this report is obtained from sources we consider reliable, but is not guaranteed.
Assumptions: If you have selected an assumed rate of return based on your current portfolio, a model portfolio or a custom portfolio, we have not determined whether that assumption is appropriate for you in light of factors such as your current or anticipated holdings or your risk profile. Rates of return, rates of inflation and other variables used are hypothetical, do not reflect actual investment results, and are not guarantees of future returns or results. Actual results will vary, perhaps to a significant degree.
The impact of various factors over a long period of time, including rates of return, rates of inflation, changes in the applicable tax laws, and your individual tax bracket cannot be calculated and may have a significant impact on the results you obtain.
Projections: Projections are provided for illustrative purposes only, are hypothetical, are not guaranteed and are based on information provided by you and assumptions that you selected.
Monte Carlo Analysis: A Monte Carlo simulation applies complex statistical methods to model the probability of certain financial outcomes. It generates hundreds of possible economic scenarios for a given set of assumptions and other inputs (e.g., asset allocation choices and assumptions on rates of return, growth rates and volatility of asset classes). Some of these scenarios assume some of the best periods in investing history, some scenarios assume some of the worst periods in investing history, and most scenarios fall somewhere in-between those assumptions. The outcomes presented represent only a few of the many possible outcomes. Since past performance and market conditions may not be repeated in the future, you may not meet your investment goals by following advice based on a Monte Carlo analysis. Different assumptions can lead to different simulation results. Since the market data used to generate some inputs change over time, Monte Carlo analysis results will vary with each simulation performed and over time.
Each client’s actual results will depend upon individual factors that are not analyzed as part of the simulation. These factors include how investment decisions are implemented and the timing and costs of investing. A simulation may not capture how asset classes fall in and out of favor over time or general market conditions. These factors can materially influence actual results.
Indices: Calculations may be based upon certain market indices. Rates of return for market indices are historical and treated as representative of expected returns for assets in the same class, but are not guarantees of future returns or results. An index is unmanaged, and you cannot invest directly in an index.
Fees Would Lower Returns: Return assumptions do not reflect the deduction of any commissions, fees or product charges applying to any particular investment. Deduction of these expenses will lower the rate of return.
Investment Risk: All investments involve some degree of risk, including loss of principal. There can be no assurances that any investment will be profitable or that you will achieve your investment goals. Your actual results will vary based upon your individual situation, when you invest, future market performance and other factors.
Not Legal, Accounting or Tax Advice: This report does not constitute legal, accounting or tax advice. We and our financial professionals are not authorized or qualified to give you legal, accounting or tax advice. You should consult your own attorney, accountant or tax adviser on such matters.
Any tax information presented in the report is for illustrative purposes only and is based on current federal tax law and assumes average tax rates and may include current state and local taxes. Any income tax estimates are made for the current year only and do not consider the possible application of the Alternative Minimum Tax. Results showing the disposition of property at death and proposed alternatives are general and do not reflect potential tax or legal issues. The effect of taxes on your results may differ from the illustrations shown here.
Not a Recommendation, Offer or Solicitation: The information in this report is not a recommendation, offer or solicitation to purchase, sell or hold any particular investment, security or financial product or a recommendation to discontinue, engage in, refrain from engaging in, or maintain, any investment strategy. If you decide to buy or invest in a particular investment, security, financial product or invest in any investment strategy, this will result in an engagement or transaction with us (or another provider) that is separate from this report. Any analysis conducted in connection with such a purchase or investment may vary from the analysis in this report. You must submit a separate application for any purchase or investment. Product underwriting, suitability reviews and other eligibility requirements may apply. Please read carefully any documents provided to you in connection with any purchase or investment. If there is any inconsistency between the information contained in this report and the product documents, the information in the product documents governs.
eMoney: This report is based on a quantitative analysis performed using software furnished by eMoney Advisor, LLC, which is not affiliated with New York Life Insurance Company, its affiliates, subsidiaries or agents.
Client Acknowledgment – Applies only to Foundational Analysis reports (not to Financial Plans)
I have read and understand this “Important Information About Your Report” section. I understand the limitations of the report, including that any investment returns depicted are not guaranteed, that investing involves risks and that I may lose money.
I confirm that I have received Eagle Strategies’ Form ADV Part 2A (otherwise known as its Firm Disclosure Brochure) and Part 2B (with information about my financial professional).