The Solutions program requires a minimum investment, which varies by strategy, and has an annual asset-based fee, assessed quarterly, that covers costs, including trade execution, custody, and performance reporting. There may be other costs associated with the Stifel Solutions Program, including but not limited to: exchange fees, transfer fees, interest expense, trade surcharges, and closing costs. Ask your Financial Advisor for a Disclosure Brochure, which further outlines the fees, services, exclusions, and disclosures associated with this program. You should consider all terms and conditions before deciding whether the Solutions Program is appropriate for your needs. Investing involves risk, including the possible loss of principal.
Option trading involves a number of inherent risks and is not suitable for everyone. Investors considering options should consult with a tax advisor. Supporting documentation for any strategies discussed will be supplied upon request. Be sure to read the Option Clearing Corp.'s Option Disclosure Document (ODD) carefully before investing. It can be accessed at http://www.theocc.com/about/publications/character-risks.jsp. A copy can also be obtained by writing to Stifel at 501 North Broadway, St. Louis, Missouri 63102 or by calling (314) 342-2000.