Managed ETF (Exchange Traded Funds)

The GGFS Managed ETF Program (Select Trac ETF) is designed for investors who are looking for more tax efficient, lower cost investment strategies that combine Active Portfolio Management with "passive" index investing for greater diversification. ETFs are precise tools that can be used to diversify an entire portfolio, particularly now that ETFs have made so many different benchmarks available for investment. For a minimum of $100,000, investors have access to multiple investment styles and vehicles in one account. Using sector specific ETF's, GGFS will construct a portfolio that is fine-tuned based on our Investment Committees' strategic outlook for the stock and bond markets, as well as various sectors of the economy. We charge one all-inclusive asset-based fee. You pay a quarterly management fee based on a percentage of your overall account value.

There are no additional trading commissions or fees, regardless of how often trades are placed in your account. Please see important information below. For more information see the Disclosure Brochure.


IMPORTANT INFORMATION

In addition to the management fees that are charged by BAM, the underlying Mutual Fund, Exchange Traded Fund or Variable Annuity sub-accounts have internal expenses, fees and costs. Please read the prospectus of the underlying funds or annuity for specific information relating to the fees, charges and costs as well as other important information relating to the investments. These investments are not FDIC insured, may lose their value and are not guaranteed.

Bank Deposit Sweep Program (BDSP) "Disclosure Document" Securities offered through Bruderman Brothers, LLC, a Registered Broker Dealer, Member FINRA, SIPC. Management services offered through Bruderman Asset Management, a registered Investment Advisory Firm.