Important Disclosures and Disclaimers
The views, opinions and recommendations expressed here are subject to change without notice and is for informational purposes only and should not be considered as investment advice or an offer of any security or service for sale. WE Family Offices, LLC (“WE”) and its representatives are not your investment advisers unless entered into a written advisory services agreement. This material may not consider the specific investment objective, financial situation or particular needs of any recipient.
When WE as an investment adviser provides tailored investment advice to clients based on its investment skills and analytical abilities, there is a chance that such investment advice will not be successful or will not meet expectations and that subjective decisions made by such investment adviser may cause a client to incur losses or to miss profit opportunities. Similarly, asset allocation risk is the risk where WE recommends the allocation of a client’s assets to an asset class or mandate that underperforms other asset classes or mandates. For example, fixed-income securities may underperform equities at times, and at other times, equities may underperform fixed-income securities. In addition, some asset classes may be less liquid or provide less protection against various risks than other asset classes.
As used herein, the investment classifications “Private Markets” and “Illiquid” generally encompasses investments other than traditional stocks, bonds and cash, and includes hedge funds, funds of funds, private placements, private equity and real estate funds. These private investments will often be less liquid than traditional investments and redemptions from such investments often involve holdbacks and other restrictions on the timing of the redemption. Private placements, limited partnerships, hedge funds, funds of funds, or other types of these investment vehicles are typically illiquid, often for long periods of time, i.e., years. The terms governing these investments generally provide for significant redemption notice periods, lock-up periods, and holdbacks upon redemption, resale restrictions, and other provisions that preclude prompt liquidation of these investments. Private investments are also subject to the terms of the governing documents for any private investment vehicles, as applicable.
As used herein, “Non-Financial Assets” generally encompasses real assets that are provided directly by the client, i.e. not a custodian, bank or broker. In such instances and for reporting purposes, WE relies on the client to provide current and accurate price or other valuation information for those assets to be included and accurately valued in the report. WE does not verify, nor is it responsible for, the accuracy of such values clients provide to us. Simply by incorporating values provided to us by the Client, WE assumes no responsibility for such information, including its completeness and accuracy.
In accordance with the rules of Treasury Department Circular 230, any information in this presentation pertaining to federal taxation and using such terms such as “tax planning” is not intended or written to be used, and cannot be used by you or any other person, for the purpose of (i) avoiding any penalties that may be imposed by the Internal Revenue Code, and (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
This website does not constitute the provision of investment, legal or tax advice to any person. Please consult with your tax advisor regarding any taxation implications of the information presented in this presentation. References to WE’s registration with the SEC as an investment adviser does not imply any level of skill or training.
This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.