HNW Services

* A diversified portfolio does not assure a profit or protect against loss in a declining market.

** All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.

*** The iCapital network is not affiliated with Cetera firms or Harvest Investment Strategies.

¹Direct indexing is an approach to index investing that involves buying the individual stocks that make up an index, in the same weights as the index.  This is in contrast to buying an index mutual fund or index exchanged-traded fund (indexed ETF) that tracks the index.  Investors cannot invest directly in indexes.  The performance of any index is not indicative of the performance of any investment and does not take into account the effects of inflation and the fees or expenses associated with investing. 

² For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisors LLC nor any of its representatives may give legal or tax advice. 

³Structured products are pre packaged investments that normally include assets linked to interest plus one or more derivatives.  They are generally tied to an index or basket of securities, and are designed to facilitate highly customized risk-return objectives. 

⁴The term derivative refers to a type of financial contract whose value is dependent on an underlying asset, group of assets, or benchmark.  A derivative is set between two or more parties that can trade on an exchange or over-the-counter (OTC). 

⁵Hedging is investing with the intetntion of reducing the risk of adverse price movements in an asset. A hedge consists of taking the opposite position in a related security or in a derivative security based on the asset to be hedged.

⁶ Donor advised fund - is a separately identified fund or acount that is maintained and operated by a section 501(c)(3) organization, which is called a sponsoring organization. Each account is composed of contributions made by individual donors. One the donor makes the contribution, the organization has legal control over it.  However, the donor, or the donor's representative, retains advisory priviledges with respect to the distribution of funds and th einvestment of assets in the account.  Donors take a tax deduction for all contributions at the time they are made, even though the money may not be dispersed to a charity until much later.  The charitable entities and/or fundraising opportunities described herein are not endorsed by or affiliated with Cetera Advisors or its affiliates. Our philanthropic interests are personal to us and are not reviewed, sponsored or approved by Cetera.

⁷ Alternatives Investments - often engage in leverage and other investment practices that are extremely speculative and involve a high degree of risk. Such practices may increase the volatility of performance and the risk of investment loss, including the loss of the entire amount that is invested. There may be conflicts of interest relating to the Alternative Investment and its service providers. Similarly, interests in an Alternative Investment are highly illiquid and generally are not transferable without the consent of the sponsor, and applicable securities and tax laws will limit transfers. A hedge fund is a limited partnership of private investors whose money is managed by professional fund managers who use a wide range of strategies, including leveraging or trading of non-traditional assets, to earn above-average investment returns.  Investors should consider their investment objectives, risks, charges and expenses associated with municipal fund securities before investing. This information is found in the issuer's official statement and should be read carefully before investing.