Investment Disclaimer

1. Not a Registered Investment Advisor

Advising Alpha is NOT registered as an investment advisor with the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any state securities regulator. We do NOT hold themselves out as investment advisors and do NOT provide investment advice.

The information, analysis, and model portfolios presented on this website are for informational and educational purposes only. They are not personalized recommendations tailored to your financial situation, investment goals, or risk tolerance.

Nothing on this website should be construed as an offer or solicitation to buy or sell any security, an investment recommendation, or investment advice. We have no fiduciary duty or relationship to you or any other user.

2. Not Personalized Advice

Model portfolios presented on the Service are generic allocations designed for informational purposes only. They are NOT customized to any individual's:

• Specific financial situation or circumstances
• Personal investment objectives and time horizons
• Risk tolerance or loss aversion
• Liquidity needs or constraints
• Tax situation and tax implications
• Other holdings or overall portfolio structure
• Age, income level, or financial goals

A model portfolio suitable for one investor may be entirely inappropriate for another. You acknowledge that you are solely responsible for evaluating whether any model portfolio aligns with your specific needs and circumstances.

3. No Fiduciary Relationship

You acknowledge and understand that:

• Advising Alpha is not a fiduciary to you
• We do not owe you any fiduciary duty
• Providing model portfolios does not create a fiduciary relationship
• We are not legally obligated to act in your best interests
• Any information provided is for educational purposes only

If you prefer to work with a fiduciary investment advisor, you should engage a registered investment advisor directly.

4. Past Performance Does Not Guarantee Future Results

This is a critical disclaimer that applies to all performance data presented on the Service:

• Historical performance of model portfolios does NOT guarantee future performance
• Past returns are no indication of what future returns will be
• Model portfolios that outperformed in the past may underperform in the future
• Market conditions, volatility, and economic factors change continuously
• Future returns may be significantly lower than historical returns or even negative

An investment that has performed well historically may experience substantial losses. There is no assurance that any model portfolio will achieve its objectives.

5. Backtesting Limitations and Hypothetical Returns

Much of the performance data presented on the Service is backtested (calculated retroactively using historical data). Backtested returns are HYPOTHETICAL and have significant limitations:

• Backtested results assume execution at exact prices shown in historical data — actual execution prices may differ
• Backtesting assumes sufficient liquidity to execute all trades — actual markets may have liquidity constraints
• Historical transaction costs, fees, and taxes may not be fully reflected or accurate
• The selection of historical time periods can significantly impact results
• Past market conditions and volatility may not recur in similar form
• Model adjustments or methodology changes over time affect the validity of historical backtests
• Backtested performance is not proof that the model would have achieved similar results in real trading

Actual future returns will almost certainly differ from backtested returns. In many cases, actual returns may be substantially lower or negative.

6. All Investments Involve Risk

All investments, including those represented in model portfolios, carry risk:

• Market Risk: Securities markets can decline significantly, potentially causing substantial losses
• Principal Loss: You can lose part or all of your initial investment
• Volatility: Security prices fluctuate daily, sometimes dramatically
• Concentration Risk: Model portfolios may concentrate holdings in specific sectors or asset classes
• Individual Security Risk: Company-specific events can cause individual security prices to decline sharply
• Interest Rate Risk: Rising or falling interest rates can negatively impact bond and equity valuations
• Economic Risk: Recessions, inflation, and economic disruption can reduce portfolio values
• Geopolitical Risk: Political events, wars, and conflicts can destabilize markets
• Systemic Risk: Financial system failures or market crashes can cause widespread losses
• Liquidity Risk: You may not be able to sell securities quickly without significant price concessions

Model portfolio allocations do not eliminate these risks. You should only invest amounts you can afford to lose without materially affecting your financial security.

7. No Guarantee of Returns or Objectives

We make NO guarantee that:

• Model portfolios will achieve their stated objectives
• Any specified performance targets will be met
• Model portfolios will outperform benchmark indices
• Model portfolios will generate positive returns
• Investments will increase in value
• Any specific level of returns will be achieved
• Rebalancing activities will improve portfolio performance

There is NO assurance whatsoever regarding future portfolio performance or results.

8. Data Accuracy and Third-Party Sources

We use our best efforts to ensure the accuracy of all performance data, security information, and analytics provided on the Service. However:

• We make NO representation regarding the accuracy or completeness of any data
• Much of our data comes from third-party sources, which may contain errors
• Data provided "as is" without any warranty of accuracy
• Historical data may be revised or corrected
• Real-time market data may lag actual market prices
• We are not responsible for errors in third-party data sources
• You should independently verify any data before making investment decisions

Do not rely solely on information from this Service when making investment decisions.

9. Recommend Consulting a Qualified Financial Advisor

STRONGLY RECOMMENDED: Before making any investment decision or implementing any model portfolio, you should:

• Consult with a qualified financial advisor, wealth manager, or investment professional
• Ensure that any advisor you consult is a fiduciary acting in your best interests
• Verify that any advisor is registered and in good standing with regulators
• Discuss your complete financial picture, goals, and constraints with your advisor
• Obtain personalized recommendations tailored to your specific situation
• Consult a tax professional regarding tax implications of any investment strategy

A qualified financial advisor can assess whether a model portfolio strategy aligns with your circumstances and objectives. Do not implement model portfolios without professional guidance.

10. Informational and Educational Purposes Only

This website and all content provided is strictly for informational and educational purposes. The Service is not intended to, and should not be construed as:

• Investment advice or recommendations
• An offer or solicitation to buy or sell any security
• A substitute for professional financial, legal, or tax advice
• An indication of our future actions or positions
• An expression of our opinions regarding specific investments

Any user who uses information from this Service to make investment decisions does so entirely at their own risk and without reliance on any representation or warranty from us.

11. Forward-Looking Statements

Any statements on the Service regarding future performance, anticipated returns, or projections are forward-looking statements based on current expectations and assumptions. These statements:

• Are not guarantees of future results
• Are subject to significant risks and uncertainties
• May be affected by factors beyond our control
• May not materialize as expected

Actual results may differ materially from forward-looking statements.

12. No Liability for Investment Losses

TO THE MAXIMUM EXTENT PERMITTED BY LAW, ADVISING ALPHA SHALL NOT BE LIABLE FOR:

• Investment losses incurred by users
• Losses arising from implementing model portfolios
• Poor investment performance or returns
• Market declines affecting your holdings
• Losses due to trading execution or slippage
• Losses due to fund closures, bankruptcies, or defaults
• Opportunity losses or foregone gains
• Any other investment-related losses whatsoever

You use the Service entirely at your own risk. We are not responsible for any financial losses you may incur.

13. Regulatory Disclaimers

Not a Broker-Dealer: Advising Alpha is not registered as a broker-dealer and does not execute trades or manage accounts on your behalf.

Not a Registered Investment Company: We are not registered as an investment company under the Investment Company Act of 1940.

No Account Management: We do not have authority to manage, trade, or place orders in your accounts.

Your Responsibility: You are solely responsible for opening brokerage accounts, executing trades, and managing your investments.

14. Acknowledgment and Acceptance

By using Advising Alpha, you acknowledge and accept that:

• You have read and understand this entire disclaimer
• You understand the risks of investing and model portfolio strategies
• You are using the Service for informational purposes only
• You will not rely on the Service as your sole source of investment decision-making
• You will consult with qualified professionals before investing
• You accept all risks associated with investment decisions based on this Service
• You release us from liability for any losses incurred

If you do not agree with this disclaimer, you should not use the Service.

15. Contact Information

For questions about this Investment Disclaimer or our Service, please contact:

Email: support@advisingalpha.com