Licencia: SECURITIES-INVESTMENT ADVISER

Utah Department of Commerece Utah Division of Securities sitio externo

160 East 300 South 2nd Floor

PO Box 146760

Salt Lake City, UT 84114-6760

(801) 530-6600

Securities/investment adviser is any person who, for compensation, engages in the business of advising others, either directly or through publications or writings, as to the value of securities or as to the advisability of investing in, purchasing, or selling securities, or who, for compensation and as part of a regular business, issues or promulgates analyses or reports concerning securities. "'Investment adviser' also includes financial planners and other persons who, as an integral component of other financially related services, provide the foregoing investment advisory services to others for compensation and as part of a business or who hold themselves out as providing the foregoing investment advisory services to others for compensation."