^*  W. E. MDirector1, B. D. MDirector2, and M. J. MDirector3 are Registered Representatives of and offer securities products and services through RAA.com Member NASD/SIPC, a registered broker-dealer.  In this regard, this communication is strictly intended for individuals residing in the states of Arizona, California, Colorado, Georgia, Illinois, New Mexico, North Dakota, Texas, Tennessee, and Wisconsin. No offers may be made or accepted from any resident outside the specific states referenced.

IMPORTANT CONSUMER INFORMATION:

A broker-dealer, investment adviser, a broker-dealer agent, or investment adviser representative may only transact business in a state if first registered in that state, or is excluded or exempt from registration in that state as a broker-dealer, investment adviser, broker-dealer agent or investment adviser representative, as appropriate.  Follow-up, individualized responses to persons in a state by such a firm or individual that involve either affecting or attempting to affect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion.

For information concerning the licensing status or disciplinary history of a broker-dealer, investment adviser, broker-dealer agent, or investment adviser representative, a consumer should contact his or her state securities law administrator.