July 25, 2018

1. Overall, do you find the Relationship Summary useful? If not, how would you change it? If so, what topics and how can they be improved?:
No. It's too long, too full of technical jargon and therefore intimidating.

2. How useful is each section of the Relationship Summary? Please consider explaining your responses in the comments:
a. Type of Relationship and Service: Not Useful: Even after reading 16 pages I am not sure what responsibilities or accountability a broker or investment advisor might have. I know there is supposed to be something called a "best interest standard," but there doesn't appear to be a definition of that term anywhere, at least not that can be easily found.
b. Our Obligations to You: Not Useful:
c. Fees and Costs: Not Useful:
d. Comparison to different account types: Not Useful: Too complicated to follow
e. Conflict of Interests: Not Useful: Too confusing
f. Additional Information: Not Useful: Too much info. I'm just a little guy, looking invest $5K - $10K. Too hard to understand.
g. Key Questions to Ask: Unsure:

3. Please answer the following questions. Please consider explaining your responses in the comments:
a. Do you find the format of the Relationship Summary easy to follow?: No: As stated above, way too complex and technical.
b. Is the information in the appropriate order?: Somewhat:
c. Is the Relationship Summary easy to read?: No: Absolutely not I'm looking at 16 pages of technical stuff and don't understand it.
d. Should the Relationship Summary include additional information about different account types?: No: It needs to be simpler
e. Would you seek out additional information about a firm's disciplinary history as suggested in the Relationship Summary?: Yes: I guess I would, because after trying to read all this, it makes me less trusting of any broker.

4. Are there topics in the Relationship Summary that are too technical or that could be improved?:
yes... it's way too technical. The consumer's interest should come first, and that means making it simple to read.

5. Is there additional information that we should require in the Relationship Summary,such as more specific information about the firm or additional information about fees? Is that because you do not receive the information now, or because you would also like to see it presented in this summary document, or both? Is there any information that should be made more prominent?:

6. Is the Relationship Summary an appropriate length? If not, should it be longer or shorter?:
Shorter. And I'm still not sure what the brokers responsibility is, or if there are any sanctions should my financial advisor act improperly.

7. Do you find the 'Key Questions to Ask' useful? Would the questions improve the quality of your discussion with your financial professional? If not, why not?:

8. Do you have any additional suggestions to improve the Relationship Summary? Is there anything else you would like to tell us?: