Disclosures

Investment Risk

Investments in bonds carry significant risks including price fluctuation, loss of principal, limited liquidity, and the uncertainty of receiving timely interest payments. Bonds are not suitable for all investors and are not FDIC insured. Past performance is not indicative of future returns.

Privacy Policy

It is the policy of Bernardi Securities, Inc. to keep all personal, non-public, information of our clients strictly confidential. This information is used only by our personnel and Pershing to serve your investment needs. This information is never sold or released in any way to third parties (except as required by law enforcement organizations) and we do not reserve the right to disclose this information in the future. We have established procedures and policies to protect the confidentiality of your personal information. Please contact your Investment Specialist if you have questions regarding this policy.

Data Collection

Bernardi Securities, Inc. collects personal financial information needed to assist us in serving your investment needs. This information is provided by you when your account is opened or by submitting it through this website. Additionally we reserve the right to collect information regarding the usage of this website, which aids in its further development and improvement. This is accomplished through the use of “cookies,” which track usage from specific personal computers.

Tax Free Securities

Securities listed as tax-free or tax-exempt imply that the income is exempt from current federal income taxes. These securities may be subject to state and local taxes, the federal alternative minimum tax (AMT), capital gains tax, or other taxes. Please consult with your tax  professional regarding suitability. Taxable equivalency yields are based upon the 35% tax bracket.

There are or may be pending in the Congress of the United States legislative proposals, including some that carry retroactive effective dates, that, if enacted, could alter or amend the federal tax matters referred to above or affect the market value of the Bonds. It cannot be predicted whether or in what form any such proposal might be enacted or whether, if enacted, it would apply to bonds issued prior to enactment. Prospective purchasers of the Bonds should consult their own tax advisors regarding any pending or proposed federal tax legislation. We express no opinion regarding any pending or proposed federal tax legislation.

Customer Identification Program

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. We appreciate your cooperation in complying with this Federal requirement.

Business Continuity Plan

Bernardi Securities, Inc. maintains a business continuity plan, including a back-up data center and alternate processing facilities, to address interruptions of our normal course of business. These plans are reviewed annually and updated as needed. Our plan outlines actions Bernardi Securities will take in the event of various disruptions that may prohibits us from accessing our main office facilities.

Bernardi Securities, Inc. has a fully disclosed clearing agreement with Pershing LLC. Under this relationship, Pershing acts as custodian of funds and performs all necessary cashiering, execution, clearing, and statementing services. All Pershing operational facilities are equipped for resumption of business and are tested several times per year. In the event that you are unable to contact Bernardi Securities during a business disruption, you may contact the Pershing emergency contact department directly at (201) 413-3635.

Bernardi Securities, Inc. is registered in the states of AL, AR, AZ, CA, CO, CT, DC, FL, GA, ID, IL, IN, IA, KY, KS, LA, MA, MD, MI, MN, MO, MT, NE, NJ, NM, NV, NY, NC, ND, OH, OR, PA, SC, SD, TN, TX, VA, WA, WI, and WY. If you are a resident of any other state or territory, this website is not intended as a solicitation of business.

No portion of this website shall be reproduced, transmitted, or copied in any form without the express written permission of Bernardi Securities, Inc.