IMPORTANT CONSUMER DISCLOSURE

(The lawyers insist!)

Garnet Group LLC (“Garnet Group”) is an SEC registered investment adviser with offices in the Commonwealth of Massachusetts and the State of Maryland. Garnet Group and its representatives are in compliance with the current notice filing requirements imposed upon SEC registered investment advisers by those states in which Garnet Group maintains clients. Garnet Group may only transact business in those states in which it is notice filed or qualifies for an exemption or exclusion from notice filing requirements.
Garnet Group’s web site is limited to the dissemination of general information regarding its investment advisory services to United States residents residing in states where providing such information is not prohibited by applicable law. Accordingly, the publication of Garnet Group’s web site on the Internet should not be construed by any consumer and/or prospective client as Garnet Group’s solicitation to effect or attempt to effect transactions in securities or the rendering of personalized investment advice for compensation over the Internet.
Furthermore, the information resulting from the use of tools or other information on this Internet site should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Garnet Group. Any subsequent, direct communication by Garnet Group with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Garnet Group, please contact the United States Securities and Exchange Commission on their web site at http://www.adviserinfo.sec.gov/.