Clark Associates Financial Planning, Inc.---Disclaimer

Clark Associates Financial Planning, Inc.

REGISTERED INVESTMENT ADVISOR DISCLAIMER

Your investment experience, of course, will depend on the amount you invest and when you invest. Our information neither ensures a profit nor protects against a loss, and investors should consider their willingness to keep investing when share prices are declining. Nothing in our information projects any future results. Our information is only used for a conceptual explanation and not to be construed as suggesting, implying, or inferring any future results.

Any discussion of taxes and/or what is to be included or excluded as an asset or income for any type of financial disclosure including but not limited to education, nursing facilities and financial statements is neither complete nor necessarily up-to-date. The laws and regulations are complex and subject to change. For complete details, consult your accountant, tax adviser, or attorney.

If Clark Associates mentions an accountant, attorney or any other professional and you take their advice, Clark Associates will not be held accountable or liable for any problems, errors, omissions or mistakes. Full responsibility and the selection of any professional must be made solely by the client.

If there are any mistakes at all, such as incorrect beneficiaries, in any documents with relation to accounting, insurance, annuities, mutual funds, legal forms or any other matters then it is your responsibility to correct them and to deal directly with the other professionals, NOT Clark Associates.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity so you may lose money. Investing for short periods makes losses more likely.

Some data and information used with permission of Ibbotson Associates.

Link Disclosure, Please Note: The information being provided is a courtesy. At certain places on our website we offer direct access or ‘links’ to other internet websites. These sites contain information that has been created, published, maintained or otherwise posted by institutions or organizations independent of Clark Associates Financial Planning, Inc.. Clark Associates Financial Planning, Inc. does not endorse, approve, certify or control these websites and does not assume responsibility for the accuracy, completeness or timeliness of the information located there. Visitors to these websites should not use or rely on the information contained therein until consulting with an independent finance professional. Clark Associates Financial Planning, Inc. does not necessarily endorse or recommend any commercial product or service described at these websites.

Service Availability This site is only intended for clients and interested investors residing in states and countries in which Clark Associates Financial Planning, Inc. is qualified to conduct investment advisory services. Clark Associates Financial Planning, Inc. is an SEC registered investment adviser located in Braddock, NJ. Clark Associates Financial Planning, Inc. may only transact business in those states or countries in which it is registered, or qualifies for an exemption or exclusion from registration requirements. For non-clients of the firm, Clark Associates Financial Planning, Inc.’s website is limited to the dissemination of general information pertaining to its investment advisory services. Please contact Clark Associates Financial Planning, Inc. at 609-567-1884 to find out if we may conduct advisory business in the state or country where you reside. Accordingly, Clark Associates Financial Planning, Inc. does not, and will not, effect or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, through this website. Any subsequent, direct communication with a prospective client shall be conducted by a Clark Associates Financial Planning, Inc. representative who is either registered or qualifies for an exemption or exclusion from registration in the state or country where the prospective client resides.

Business Continuity Clark Associates maintains business continuity plans designed to respond reasonably and effectively to events of varying scope. Plans define critical functions, staff assignments, alternate work locations, resource requirements, vital records, and assets related to restoring business operations with minimal impact. Plans are reviewed and maintained on an annual basis to ensure that documented information is current and recovery strategies support our operations. SEE PLAN

Our code of ethics is based on these four doctrines:

Are all actions and discussions based on TRUTH?
Is it FAIR to all concerned?
Will it build GOODWILL and BETTER relationships?
Will it be BENEFICIAL to all concerned?

A. Standards of Conduct

This Code of Ethics consists of the following core principles:

(1) Employees are expected to conduct their personal securities transactions in accordance with the Personal Trading Policy and will strive to avoid any actual or perceived conflict of interest with the client. Employees with questions regarding the appearance of a conflict with a client should consult with the CCO before taking action that may result in an actual conflict.
(2) Employees will not take inappropriate advantage of their position with the firm.
(3) Employees are expected to act in the best interest of each of our clients.
(4) Employees are expected to comply with federal securities laws. Strict adherence to this policy manual will assist the employee in complying with this important requirement.

B. Protection of Material Nonpublic Information

As more fully discussed within our Privacy Policy, employees are expected to exercise diligence and care in maintaining and protecting our client’s nonpublic, confidential information.

Employees are expected to not divulge information regarding Clark Associates securities recommendations or client securities holdings to any individual outside of the firm, except:

(1) As necessary to complete transactions or account changes (for example, communications with brokers and custodians);
(2) As necessary to maintain or service a client or his/her account (for example, communications with a client’s accountant or attorney);
(3) With various service providers providing administrative functions for Clark Associates (such as our technology service provider), only after we have entered into a contractual agreement that prohibits the service provider from disclosing or using confidential information except as necessary to carry out its assigned responsibilities and only for that purpose; or
(4) As permitted by law.

C. Personal Conduct

As noted above, employees are expected to conduct themselves with the utmost integrity and to avoid any actual or perceived conflict with our clients. In this spirit, the following are required of employees:

(1) Acceptance of Gifts
Employees are prohibited from receiving any gift, gratuity, hospitality or other offering of more than de minimis value from any person or entity doing business with Clark Associates. This gift policy generally excludes items or events where the employee has reason to believe there is a legitimate business purpose.

(2) Service as Director for an Outside Company
Any employee wishing to serve as director for an outside company (public or private) must first seek the approval of the CCO. The CCO, in reviewing the request, will determine whether such service is consistent with the interests of the firm and our clients.

(3) Outside Business Interests
Any employee wishing to engage in business activities outside of Clark Associates business must seek approval from the CCO and, if requested, provide periodic reports to the CCO summarizing those outside business activities.

(4) Annual Employee Acknowledgement

New employees must acknowledge they have read and they understand and agree to comply with this Code of Ethics and Personal Trading Policy. All employees are required to acknowledge as such annually in connection with the firm’s annual policy manual acknowledgement process

Clark Associates is not responsible for the content of any links, use at your own discretion