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Form CRS

Stifel, Nicolaus & Company, Incorporated | Member SIPC & NYSE | www.stifel.com 
Your Privacy | Important Disclosures 
Investing involves risk, including the possible loss of principal invested.








Stifel does not offer legal or tax advice. You should consult with your legal and tax advisors regarding your particular situation.

Stifel’s banking and lending services are provided by Stifel Bank, Member FDIC, and Stifel Bank & Trust, Member FDIC, Equal Housing Lender, NMLS# 375103 (collectively, “Stifel Banks”). Stifel Banks are affiliated with Stifel, Nicolaus & Company, Incorporated, Member SIPC & NYSE, each a wholly owned subsidiary of Stifel Financial Corp. Unless otherwise specified, references to “Stifel” may mean Stifel, Nicolaus & Company, Incorporated or its affiliates.

 

Non-deposit products purchased from or held by Stifel and/or Stifel Banks are not insured by the FDIC, are not deposits, and may lose value. None of Stifel and/or Stifel Banks provide legal or tax advice.
Exchange traded funds (ETFs) are subject to market risk, including the possible loss of principal, and may trade for less than their net asset value. ETFs trade like a stock, and there will be brokerage commissions associated with buying and selling exchange traded funds unless trading occurs in a fee-based account. Investors should consider an ETF’s investment objective, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other important information, is available from your Financial Advisor and should be read carefully before investing.
When investing in bonds and interest rate-sensitive securities, it is important to note that as interest rates rise, prices will fall.

Stifel offers both commission-based and fee-based accounts, as outlined in Stifel’s Customer Relationship Summary (Form CRS) available at www.stifel.com/CRS. Fee-based programs are generally subject to a minimum investment. Investors should consider all terms and conditions before deciding whether a fee-based program is appropriate for their needs. Ask your Financial Advisor for a Disclosure Brochure and Client Agreement which further outline the fees, services, and disclosures associated with these programs.
Stifel’s banking and lending services are provided by Stifel Bank, Member FDIC, and Stifel Bank & Trust, Member FDIC, Equal Housing Lender, NMLS# 375103 (collectively, “Stifel Banks”). Trust and fiduciary services are provided by Stifel Trust Company, N.A., Member FDIC, and Stifel Trust Company Delaware, N.A., Member FDIC (collectively, “Stifel Trust Companies”). Stifel Banks and Stifel Trust Companies are affiliated with Stifel, Nicolaus & Company, Incorporated, Member SIPC & NYSE, each a wholly owned subsidiary of Stifel Financial Corp. Unless otherwise specified, references to “Stifel” may mean Stifel, Nicolaus & Company, Incorporated or its affiliates.

Non-deposit products purchased from or held by Stifel, Stifel Banks, and/or Stifel Trust Companies are not insured by the FDIC, are not deposits, and may lose value. None of Stifel, Stifel Banks, or Stifel Trust Companies provide legal or tax advice.
Stifel offers both commission-based and fee-based accounts, as outlined in Stifel’s Customer Relationship Summary (Form CRS) available at www.stifel.com/CRS. Fee-based programs are generally subject to a minimum investment. Investors should consider all terms and conditions before deciding whether a fee-based program is appropriate for their needs. Ask your Financial Advisor for a Disclosure Brochure and Client Agreement which further outline the fees, services, and disclosures associated with these programs.




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