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The material contained herein is for informational purposes only and does not constitute tax advice. You should consult with your own tax advisor regarding your personal tax situation. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. The material contained herein is not intended as investment advice and does not address or account for individual investor circumstances. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. The statements contained herein are based solely upon the opinions of Telemus Capital, LLC. All opinions and views constitute our judgments as of the date of writing and are subject to change at any time without notice. Information was obtained from third party sources, which we believe to be reliable, but not guaranteed.

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