Allan Katz and Margaret Segal are Registered Representatives of and offer securities products & services through Royal Alliance Associates, Inc., Member FINRA/SIPC, a registered broker-dealer.  In this regard, this communication is strictly intended for individuals residing in the states of NY, NJ, CT, MD, FL, CA, MA.  No offers may be made or accepted from any resident outside the specific states referenced.

Allan Katz and Margaret Segal are also separately registered as investment advisor representatives under Richmond Financial Associates, Inc., a registered investment advisor, offering advisory services in the state of New York and New Jersey. As such, these services are strictly intended for individuals residing in the state of New York and New Jersey.

IMPORTANT CONSUMER INFORMATION:

A broker-dealer, investment adviser, BD agent or IA rep may only transact business in a state if first registered, or is excluded or exe,pt from state broker-dealer, investment adviser, BD agent or IA rep registration requirements, as appropriate.  Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advuce for compensation will not be made without first complying with appropriate registration requirement, or an applicable exemption or exclusion.

For information concerning the licensing status or disciplinary history of broker-dealer, investment adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.