Disclosure

General Disclosure

We certify that the opinions and predictions set forth in Narwhal Capital Management publications are, for better or worse, our professional beliefs at the time of publication.

We are not under duress or pressure from any of the corporate entities mentioned, nor do we intend to do business with them on the investment banking or advisory side of things. Nor is this a solicitation or inducement to take action, whether buying or selling, based upon the opinions presented. Again, this publication is a summarization of our professional beliefs and actions that have occurred in the past. We are not “selling” nor attempting to convince the reader of any one particular course of action.

Although we are investment advisors, our publications (blog posts, newsletters, podcast etc.) are not to be construed as investment advice. Quite frankly, this publication is a snapshot of our research and opinions. We strive to be as impartial, insightful and accurate as possible. We do base our opinions, analysis, and calculations on information and analysis that we believe to be reliable, but we cannot guarantee that they are either accurate or complete. We may change our minds about any item mentioned and we will not necessarily update them in print. We can guarantee that our research and opinions will sometimes be flat out wrong. This may be from subjective blind spots, mistakes, ignorance, uncertainty of predicting events, or emotional bias. However, we prefer that our predictions/opinions/research be proven right 100% of the time, and that the stocks our clients own go up, not down, therefore you can assume some level of self-interest and “hope” is present in this and all future publications.

Our website offers general information about our services and should not be acted upon without obtaining specific advice from a qualified professional. The information provided is not intended to provide any investment, tax or legal advice; in addition, nothing on this website should be considered a solicitation for the purchase or sale of any security.

Security Recommendations:

Our portfolio characteristics and holdings are subject to change at any time and are based on a representative portfolio. Holdings and portfolio characteristics of individual client portfolios may differ, sometimes significantly, from those shown. The investments presented are examples of the securities held, bought and/or sold in our strategies during the last 12 months. These investments may not be representative of the current or future investments of those strategies. You should not assume that investments in the securities identified in this presentation were or will be profitable. We will furnish, upon your request, a list of all securities purchased, sold or held in the strategies during the 12 months preceding the date of this presentation. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of securities identified in this presentation. Our, or one or more of our officers or employees, may have a position in the securities presented, and may purchase or sell such securities from time to time.

Third Party Websites:

We may utilize third party service providers to provide certain tools and/or programs, some of which may be housed on a third-party server or on a website which has been independently developed by others. As such, while accessing this website you may be linked to such other third-party servers. Access to other websites or use of any third-party tools or programs on this website are subject to all terms and conditions found therein.

Client Portals:

Some of the material on this website is password protected. This area is restricted to authorized users only. The users in these password protected areas are responsible for any use of their password and for maintaining its confidentiality.

YouTube:

Videos presented on this website are for educational purposes only and do not constitute investment advice or an offer to buy or sell any security or insurance product.

We are not affiliated with any social media website. Any opinions or statements posted by third parties are their own and may not be representative of the experience of others.

Podcasts:

Content is for educational purposes only.

Consult a financial adviser or conduct your own due diligence of investing.

All information provided through the following presentation is for educational purposes only and does not constitute investment, legal or tax advice; an offer to buy or sell any security or insurance product; or an endorsement of any third party or such third party’s views.

The information contained herein has been obtained from sources we believe to be reliable but is not guaranteed as to its accuracy or completeness.

Whenever there are hyperlinks to third-party content, this information is intended to provide additional perspective and should not be construed as an endorsement of any services, products, guidance, individuals or points of view outside Narwhal Capital.

Please contact us for more complete information based on your personal circumstances and to obtain personal individual investment advice.

Narwhal Capital does not offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.

Social Media:

Narwhal Capital Management, LLC (Narwhal) social media profiles are for informational purposes only, and their content is not an offer to sell nor a solicitation to buy securities. The information on social media sites should not be used in making investment decisions. Investors should carefully consider the investment objectives, risks, and expenses associated with any investment. Third-party posts that appear on social media sites have not been reviewed or approved by Narwhal for completeness or accuracy. Information written by third-parties does not necessarily reflect the views or opinions of Narwhal or its affiliates.

General Disclosure:

Additional information, including management fees and expenses, is provided on our Form ADV Part 2, available upon request or at the SEC’s Investment Advisor Public Disclosure site, https://adviserinfo.sec.gov/firm/summary/135958. As with any investment strategy, there is potential for profit as well as the possibility of loss. We do not guarantee any minimum level of investment performance or the success of any portfolio or investment strategy. All investments involve risk (the amount of which may vary significantly) and investment recommendations will not always be profitable.

Finally, we must disclose that PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS.