Duncan Williams Asset Management is an SEC-registered investment adviser. SEC registration does not constitute an endorsement of Duncan Williams Asset Management by the SEC, nor does it indicate that Duncan Williams Asset Management has attained a particular level of skill or ability. This material prepared by Duncan Williams Asset Management, is for informational purposes only and is accurate as
of the date it was prepared. It is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy, or investment product. Advisory services are only offered to clients or prospective clients where Duncan Williams Asset Management and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Duncan Williams Asset Management unless a client service agreement is in place. This material is not intended to serve as personalized tax, legal and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Duncan Williams Asset Management is not a legal or accounting firm. Please consult with your legal or tax professional regarding your specific tax situation when determining if any of the mentioned strategies are right for you.