DISCLOSURES

Gregory B. McLean, Ernest R. Caruso, Stephen L. Caruso and Mark Steckler are Registered Representatives of and offer securities products & services through Royal Alliance Associates, Inc. Member FINRA/SIPC, a registered broker dealer. In this regard, this communication is strictly intended for individuals residing in the states of Arizona, Connecticut, Florida, Georgia, Indiana, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, and Virginia. No offers may be made or accepted from any resident outside the specific states referenced.

Gregory B. McLean, Ernest R. Caruso, and Stephen L. Caruso are also separately registered as investment adviser representatives under Caruso McLean & Co., Inc., a registered investment advisor, offering advisory services in the state of New York. As such, these services are strictly intended for individuals residing in New York.

IMPORTANT CONSUMER INFORMATION:
A broker-dealer "BD", investment adviser "IA", a BD agent, or IA 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, BD agent or IA Representative, as appropriate. Follow-up, individualized responses to persons in a state by such 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, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.

MUTUAL FUND & ANNUITY DISCLOSURE:
SEC RULE 134- SPECIFIC INVESTMENT COMPANY SECURITIES (MUTUAL FUNDS, VARIABLE ANNUITIES) PROSPECTUS OFFERING: FOR MORE COMPLETE INFORMATION, INCLUDING CHARGES AND EXPENSES, ON THE VARIABLE ANNUITIES OFFERED BY THE INVESTMENT/INSURANCE COMPANIES, ("THE COMPANIES") REFERENCED ON THIS SITE, PLEASE REFER TO THE PROSPECTUS (ES) AVAILABLE AT THE COMPANIES SITES, OR PLEASE REQUEST A PROSPECTUS FROM THE COMPANIES DIRECTLY. PLEASE BE SURE TO READ IT CAREFULLY BEFORE YOU INVEST.

HYPERLINK DISCLAIMER:
All link information being provided is strictly as courtesy. When you link to any of the websites provided herewith, you are leaving this site. Caruso McLean & Co., Inc. and Royal Alliance Associates, Inc. make no representation as to the completeness or accuracy of information that is provided at these sites. Nor are the companies liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your uses of third-party technologies, sites, information and programs made available through this site.

You are now leaving the website of Caruso McLean & Co., Inc. and you assume total responsibility for your use of the sites you are linking to.