Disclosure & Terms and Conditions
UPDATE – 3/31/2020
March 31, 2020
Order Under Section 206A of the Investment Advisers Act of 1940 Granting Exemptions From Specified Provisions of the Investment Advisers Act and Certain Rules Thereunder
According to the Order, an SEC-registered investment adviser is exempt from the requirements: (a) under Rule 204-1 of the Advisers Act to file an amendment to Form ADV; and (b) under Rule 204-3(b)(2) and (b)(4) related to the delivery of Form ADV Part 2 (or a summary of material changes) to existing clients, where the following conditions are satisfied:
• The registered investment adviser is unable to meet a filing deadline or delivery requirement due to circumstances related to current or potential effects of COVID-19;that it is relying on the Order;
• The investment adviser relying on this Order with respect to the filing of Form ADV or delivery of its brochure, a summary of material changes, or brochure supplement required by Rule 204-3(b)(2) or (b)(4), promptly provides the Commission via email at IARDLive@sec.gov and discloses on its public website (or if it does not have a public website, promptly notifies its clients of) the following information:
o that it is relying on the Order;
o a brief description of the reasons why it could not file or deliver its Form on a timely basis; and
o the estimated date by which it expects to file or deliver the Form.
• The investment adviser files the Form ADV, as applicable, and delivers the brochure (or summary of material changes) and brochure supplement required by Rule 204-3(b)(2) and (b)(4) under the Advisers Act, as soon as practicable, but no later than 45 days after the original due date for filing or delivery, as applicable.
Endowment Wealth Management, Inc. is unable to meet the March 31, 2020 filing deadline or delivery requirement for Form ADV due to circumstances related to current or potential effects of COVID-19. For the past five weeks, global securities markets have experienced unprecedented market volatility as they adjust to ongoing developments with respect to the COVID-19 pandemic. Our staff has dedicated significant time during this period to client servicing, monitoring news reports and recommendations of federal, state, and local health authorities, adopting and implementing workplace procedures to protect our clients and staff, deploying technologies to fully enable staff to work from home. Furthermore, we have taken an abundance of caution and encouraged all staff to remain at home if they had any signs of illness during this time.
Therefore, Endowment Wealth Management, Inc. is relying on Order 206A of the Investment Advisers Act of 1940 granting exemptions from specified provisions of the Investment Advisers Act and certain rules thereunder.
Endowment Wealth Management, Inc. expects to file Form ADV by April 30th, 2020.
Robert Riedl, Chief Compliance Officer
View this update here.
EWM Website Disclosure
Endowment Wealth Management Inc. (“EWM”) is a registered investment adviser with the U.S. Securities & Exchange Commission (registration does not imply a certain level of skill or training) serving clients throughout the United States. EWM and its representatives are in compliance with the current registration filing requirements imposed upon state registered investment advisers by those states in which EWM maintains clients. EWM may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. EWM’s web site is limited to the dissemination of general information pertaining to its investment advisory services. Accordingly, the publication of EWM’s web site on the Internet should not be construed by any consumer and/or prospective client as EWM’s solicitation to effect, attempt to effect transactions in securities, or render personalized investment advice for compensation, over the Internet. Any subsequent direct communication by EWM with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of EWM, please contact the SEC or the state securities law administrators for those states in which EWM maintains a notice filing. A copy of EWM’s current written disclosure statement discussing EWM’s business operations, services, and fees is available from EWM upon written request. EWM does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to EWM’s web site or incorporated herein, and takes no responsibility there for. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended by EWM) or product made reference to directly or indirectly by EWM in its website, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio. Historical performance results for investment indices and/or categories generally do not reflect the deduction of transaction and/or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.
Certain portions of EWM’s web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, EWM’s (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from EWM, or from any other investment professional. EWM is neither an attorney nor accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice. Correspondingly, each client and prospective client agrees, as a condition precedent to his/her/its access to EWM’s web site, to release and hold harmless EWM, its officers, directors, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from EWM.
Endowment Wealth Management.com’s website and electronic communications (email, newsletters, etc.) contain commentary and links to certain articles only as a convenience. Linked articles have been written by third parties not affiliated with EWM. No information contained in these articles has been endorsed or approved by EWM and is not responsible for the content. No information accessed through these articles constitutes a recommendation by EWM to buy, sell or hold any security, financial product or instrument discussed therein. Endowment Wealth Management, Inc.® does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to EWM’s website or incorporated herein, or provided through electronic email or other communications and takes no responsibility therefore. All such information is provided solely for informational and convenience purposes only and all users thereof should be guided accordingly.
EWM Terms and Conditions
This website was created and is maintained in accordance with all SEC advertising guidelines and regulations. Please read this important disclaimer before acting on any of the ideas or advice contained herein:
The content of this website is published in the United States of America and persons who access it agree to do so in accordance with applicable U.S. law.
Users or clients who access the information on this website should be aware that investment markets have inherent risks and there can be no guarantee of future profits. The past performance of any investment or strategy does not assure future results for any investor. Endowment Wealth Management, Inc. (“EWM”) publishes information based on our opinions, our statistical and financial data analysis, and independent research. We obtain research from public sources and from private sources to which we subscribe or contract. Although we make every effort to provide the most accurate and updated information possible, our information does not take into account your personal finances and goals, and therefore is not intended to be used, considered or treated as customized investment or tax advice. The ideas and suggestions which we provide should be treated as educational information to supplement (and not to replace) your own due diligence, research, investment experience and investing strategies. You must make independent decisions regarding investments or strategies mentioned on this website and we strongly recommend that you consult with a qualified and competent financial advisor if you wish to obtain customized investment advice. This information may have been previously disseminated by Endowment Wealth Management, Inc. and/or its advisory affiliates to their respective clients. You should not treat any opinion expressed in this blog or website as a specific inducement to make a particular investment or follow a particular strategy. Comments in this blog are based upon information we consider to be reliable, but neither EWM nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Statements and opinions are subject to change without notice and we are not under any obligation to update or correct any information provided on this website
Any index results posted here are for informational and/or comparison purposes only. You cannot invest directly in an index. Indexes assess no fees.
Endowment Wealth Management, Inc. does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this website. Strategies or investments discussed may fluctuate in price or value.
At any time, EWM and/or employees of any affiliates may be long, short or neutral in client accounts or personal accounts, or securities mentioned in this blog and may trade or have recently traded for their own accounts(s), securities mentioned or similar securities based on the information presented. The content creators may also take positions inconsistent with the views expressed in the messages on the blog. The information on this site is not to be construed as investment advice; it is for educational purposes only.
Regarding links that appear on this blog: At times, posts on this blog or website will link to sources of information or other websites believed to be helpful in illustrating a point or that might be of interest to readers. Links from EWM’s blog to any other sites, in no way constitutes an endorsement of the opinions or advice contained on those other sites.
The proprietary ideas, analysis and other content published here is for the exclusive for individuals and entities interested in learning more about EWM and our investment strategies. We do not receive any direct nor indirect direct compensation or payment from other sources for the content published on this site. Neither EWM nor its employees accept fees of any kind from the funds, bonds, equities or investment products that may be mentioned on this site.