Dear Clients,

You will soon receive a mailing from Securities America Inc, the firm I use for back-office support, technology and compliance.

The mailing includes two disclosure documents, Form Customer Relationship Summary (Form CRS) and a broker-dealer firm brochure for Securities America Inc. Both documents are now required by industry regulations and is intended as an added accountability measure to ensure transparency of my relationship with you.

Basically, the Securities Exchange Commission separated the type of investment accounts you can have with an advisor into 2 categories, commission based and fee based, and have outlined the level of service that is expected to come with each type of account. We have attached a brochure called “ The Choice is Yours” that we believe explains the core differences between the 2 types of accounts into a few easy to understand statements. As we mention in the brochure, it’s our intent to always act in your best interest no matter what type of account you have. Depending on the type of account you have, this new ruling will impact the service we will be allowed/expected to provide in the future. 

Please feel free to reach out to us with any questions you have, such as to how your accounts are currently set up and whether that will continue to be the best type of account for you after the rule goes into effect.

Please note you will not need to take any action with the Form CRS.

As always, we really do appreciate the trust you have placed in us, and we count it a privilege to work with you.

The Team at Rader Financial Services