Helpful Information

RiverStone Wealth Management is a member of the National Association of Securities Dealers and the Securities Investor Protection Corporation.

Terms and Conditions of Use

SEC Rule 606 Order Routing Disclosure

Investor Protection

Privacy Policy

Customer Identification Program Notice

Mutual Funds Breakpoint Discounts

Mutual Fund Expense Analyzer

Business Continuity Disclosure

Margin Disclosure Statement

 SEC Rule 606 Order Routing Disclosure

RiverStone Wealth Management routes non-directed customer orders to First Clearing, LLC for execution. See http://www.firstclearingllc.com/Report/FirstClearing/default.htm for a disclosure of order routing information.

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 Investor Protection

As a member of the Securities Investor Protection Corporation (SIPC), our customers are provided $500,000.00 of protection for securities and $100,000.00 of protection of cash balances in a client's account. Additional coverage up to $25 Million per account is routinely provided for our larger clients' security positions.

We are members of the National Association of Securities Dealers, Inc. (NASD) and the Securities Industry Association (SIA).

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Privacy Policy

This notice is being provided by RiverStone Wealth Management, Inc., because you are a customer.

We are committed to keeping the personal information collected from our potential, current and former customers confidential and secure. The proper handling of personal information is one of our highest priorities. We want to be sure that you know why we need to collect personal information from you. We also want to explain to you our commitment to protect the information you provide to us. We never sell your information to any outside parties.

Customer Information
We collect and keep only information that is necessary for us to provide services requested by you and to administer your business with us.

We may collect nonpublic personal information:

• From you when you complete an application, subscription documents or other forms. This includes information such as name, address, social security number, assets, income, net worth and other information deemed necessary to evaluate your financial needs.
• As a result of transactions with us, our affiliates or others. This could include transactions completed with us, information received from outside vendors to complete transactions or to affect financial goals.

We verify our customers’ identity to actively prevent, deter, and detect illegal financial activity. As of October 2003, pursuant to the USA PATRIOT Act, all customers who open new accounts with RiverStone Wealth Management will be required to provide identification verification documents to help establish their identity. At a minimum, we will verify, to the extent reasonable and practicable, the identity of any customer seeking to open an account, maintain records of information used to verify a customer’s identity, and check to ensure that a customer does not appear on any published government terrorist lists.

Sharing Information
We only share your nonpublic personal information with non-affiliated companies or individuals as permitted by law, such as your representative within our firm, securities clearing firm, issuer, mutual funds, insurance companies and other product vendors, or to comply with legal or regulatory requirements. In the normal course of our business, we may disclose information we collect about you to companies or individuals that contract with us to perform servicing functions such as:

• Record keeping
• Computer related services
• Good faith disclosure to regulators who have regulatory authority over the company
• Companies we hire to provide support services are not allowed to use your personal information for their own purposes and are contractually obligated to maintain strict confidentiality. We limit their use of your personal information to the performance of the specific service we have requested.

We do not provide your personally identifiable information to mailing list vendors or solicitors for any purpose. We do not sell your personal information to anyone.

When we provide personal information to a service provider, we require these providers to agree to safeguard your information, to use the information only for the intended purpose, and to abide by applicable law.

The law allows you to “opt out” of only certain kinds of information sharing with third parties. RiverStone Wealth Management, Inc. does not share personal information about you with any third parties that triggers this opt-out right. This means YOU ARE ALREADY OPTED OUT.

Employee Access to Information
Only employees with a valid business reason are allowed to access your personal information. These employees are educated on the importance of maintaining the confidentiality and security of this information. They are required to abide by our information handling practices.

Protection of Information
We maintain security standards to protect your information, whether written, spoken, or electronic. We update and test our systems to ensure the protection and integrity of your information.

Maintaining Accurate Information
Our goal is to maintain accurate, up-to-date customer records in accordance with industry standards. We have procedures in place to keep information current and complete, including timely correction of inaccurate information.

Disclosure of our Privacy Policy
We recognize and respect the privacy concerns of our potential, current and former customers. We are committed to safeguarding this information. As a member of the financial services industry, we are posting this Notice of Privacy Policy for informational purposes and will update and distribute it as required by law. It is also available upon request.

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Customer Identification Program Notice

To: All Customers
From: NASD

To help the government fight the funding of terrorism and money laundering activities, federal law requires financial institutions to obtain, verify, and record information that identifies each person who opens an account. This notice answers some questions about your firm’s Customer Identification Program.

When you open an account, your firm is required to collect information such as the following from you: Your name, date of birth, address, and an identification number. Examples of identification numbers for U.S. and non-U.S. Citizens are:

• U.S. Citizen: taxpayer identification number (social security number or employer identification number)
• Non-U.S. Citizen: taxpayer identification number, passport number, and country of issuance, alien
  identification card number, or government-issued identification showing nationality, residence, and a photograph of you.

You may also need to show your driver’s license or other identifying documents. A corporation, partnership, trust or other legal entity may need to provide other information, such as its principal place of business, local office, employer identification number, certified articles of incorporation, government-issued business license, a partnership agreement, or a trust agreement.

U.S. Department of the Treasury, Securities and Exchange Commission, NASD, and New York Stock Exchange rules already require you to provide most of this information. These rules may also you to provide additional information, such as your net worth, annual income, occupation, employment information, investment experience and objectives, and risk tolerance. If you do not provide the information requested, your firm may not be able to open an account or carry out transactions for you. If your firm has already opened an account for you, they may have to close it.

Thank you for your patience. Your cooperation will support the financial industry’s efforts to deny terrorists and money launderers access to America’s financial system.

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Mutual Funds Breakpoint Discounts

Disclosure Statement

Before investing in mutual funds, it is important that you understand the sales charges, expenses, and management fees that you will be charged, as well as the breakpoint discounts to which you may be entitled.  Understanding these charges and breakpoint discounts will assist you in identifying the best investment for your particular needs and may help you reduce the cost of your investment.  This disclosure document will give you general background information about these charges and discounts.  However, sales charges, expenses, management fees, and breakpoint discounts vary from mutual fund to mutual fund.  Therefore, you should discuss these issues with your financial advisor and review each mutual fund’s prospectus and statement of additional information, which are available from your financial advisor, to get the specific information regarding the charges and breakpoint discounts associated with a particular mutual fund.

Sales Charges

Investors that purchase mutual funds must make certain choices, including which funds to purchase and which class share is most advantageous.  Each mutual fund has a specific investment strategy.  You need to consider whether the mutual funds investment strategy is compatible with your investment objectives.  Additionally, most mutual funds offer different share classes.  Although each share class represents similar interest in the mutual fund’s portfolio, the mutual fund will charge you different fees and expenses depending upon your choice of share class.   As a general rule, Class A shares carry a “front-end” sales charge or “load” that is deducted from your investment at the time you buy fund shares.  This sales charge is a percentage of your total purchase.  As explained below, many mutual funds offer volume discounts to the front-end sales charge assessed on Class A shares of certain predetermined levels of investment, which are called “breakpoint discounts.”  In contrast, Class B or C shares pay asset-based sales charges, which may be higher than the charges associated with Class A shares.  Investors that purchase Class B or C shares may also be required to pay a sales charge known as a contingent deferred sales charge when they sell their shares, depending upon the rules of the particular mutual fund.

Breakpoint Discounts

Most mutual funds offer investors a variety of ways to qualify for breakpoint discounts on the sales charge associated with the purchase of Class A shares.  In general, most mutual funds provide breakpoint discounts to investors who make large purchases at one time.  The extent of the discount depends upon the size of the purchase.  Generally, as the amount of the purchases increase, the percentage used to determine the sales load decreases.  In fact, the entire sales charge may be waived for investors that make very large purchases of Class A shares.  Mutual fund prospectus contains tables that illustrate the available breakpoint discounts and the investment levels at which breakpoint discounts apply.  Additionally, most mutual funds allow investors to qualify for breakpoint discounts based upon current holdings from prior purchases through “Rights of Accumulation,” and future purchases, based upon “Letters of Intent.”  This document provides general information regarding Rights of Accumulation and Letters of Intent.  Therefore, you should discuss these issues with your financial advisor and review the mutual fund prospectus to determine the specific terms upon which a mutual fund offers Rights of Accumulation or Letters of Intent.

1.      Rights Of Accumulation- Many mutual funds allow investors to count the value of previous purchases of the same fund, or another fund within the same family fund, with the value of the current purchase, to qualify for breakpoint discounts.  Moreover, mutual funds allow investors to count existing holdings in multiple accounts, such as IRAs or accounts at other broker-dealers, to qualify for breakpoint discounts.  Therefore, if you have accounts at other broker-dealers and wish to take advantage of the balances in these accounts to qualify for a breakpoint discount, you must advise your financial advisor about these balances.  You may need to provide documentation establishing the holdings in those other accounts to your financial advisor if you wish to rely upon balances in accounts at other firms.

In addition, many mutual funds allows investors to count the value of holdings in accounts of certain related parties, such as spouses or children, to qualify for breakpoint discounts.  Each mutual fund has different rules that govern when relatives may rely upon each other’s holdings to qualify for breakpoint discounts.  You should consult with your financial advisor or review the mutual fund’s prospectus or statement of additional information to determine what these rules are for the fund family in which you are investing.  If you wish to rely upon the holdings of related parties to qualify for a breakpoint discount, you should advise your financial advisor about these accounts.  You may need to provide documentation to your financial advisor if you wish to rely upon balances in accounts at another firm.

Mutual funds also follow different rules to determine the value of existing holdings.  Some funds use the current net asset value (NAV) of existing investments in determining whether an investor qualifies for a breakpoint discount.  However, a small number of funds use the historical cost, which is the cost of the initial purchase, to determine eligibility for breakpoint discounts. If the mutual fund uses historical cost, you may need to provide account records, such as confirmation statements or monthly statements, to qualify for a breakpoint discount based upon previous purchases.  You should consult with your financial advisor and review the mutual fund’s prospectus to determine whether the mutual fund uses either NAV or historical costs to determine breakpoint eligibility.

2.      Letters of Intent- Most mutual funds allow investors to qualify for breakpoint discounts by signing a letter of intent, which commits the investor to purchasing a specified amount of Class A shares within a defined period of time, usually 13 months.  For example, if an investor plans to purchase $50,000 worth of Class A shares over a period of 13 months, but each individual purchase would not qualify for a breakpoint discount, the investor could sign a letter of intent at the time of the first purchase and receive the breakpoint discount associated with $50,000 investments on the first and all subsequent purchases.  Additionally, some funds offer retroactive letters of intent that allow investors to rely upon purchases in the recent past to qualify for a breakpoint discount.  However, if an investor fails to invest the amount required by the letter of intent, the fund id entitled to retroactively deduct the correct sales charges based upon the amount that the investor actually invested.  If you intend to make several purchases within a 13-month period, you should consult your financial advisor and the mutual fund prospectus to determine if it would be beneficial for you to sign a letter of intent.

As you can see, understanding the availability of breakpoint discounts is important because it may allow you to purchase Class A shares at a lower price.  The availability of breakpoint discounts may save you money and may also affect your decision regarding the appropriate share class in which to invest.  Therefore, you should discuss the availability of breakpoint discounts with your financial advisor and carefully review the mutual fund prospectus and its statement of additional information, which you can get from your financial advisor, when choosing among the share classes offered by your mutual fund.  If you wish to learn more about mutual fund share classes or mutual fund breakpoints, you may wish to review the investor alerts available on the NASD Web site. 

See www.finra.org/Investors/ProtectYourself/InvestorAlerts/MutualFunds/p006022, and www.finra.org/Investors/ProtectYourself/InvestorAlerts/MutualFunds/p006008 or visit the many mutual fund Websites available to the public.   

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Business Continuity Disclosure

Business Continuity Planning

Riverstone Wealth Management has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us – If after a significant business disruption you cannot contact us as you usually do at 888-476-5554, you should call our alternative numbers or visit our web site at http://www.riverstonewealth.com .

If you cannot access us through those means, you should contact our clearing firm, First Clearing, LLC, at 1-341-955-3156 or http://www.firstclearing.com for instructions on how it may provide prompt access to funds and securities, enter orders and process other trade-related, cash, and security transfer transactions.

Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.

Our clearing firm, First Clearing, LLC, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within a reasonable time period. Your orders and requests for funds and securities could be delayed during this period.

Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building or unit housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within a few hours. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within a day. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site or our customer emergency number, how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer’s prompt access to their funds and securities.

For more information – If you have questions about our business continuity planning, please feel free to contact us. If you would like a copy of our complete Business Continuity Plan or if you would like a copy of the First Clearing Business Continuity Plan (http://www.firstclearing.com/business.htm), please call us.