GWFS / Empower Retirement

Carefully consider the investment option’s objectives, risks, fees and expenses. Contact an Empower Brokerage representative at 877-788-6261 for a prospectus, summary prospectus or disclosure document, as available, containing this information. Read them carefully before investing.
 

Securities available through Empower Brokerage are offered by GWFS Equities, Inc., Member FINRA/SIPC and a subsidiary of Great-West Life & Annuity Insurance Company. Clearing, settlement, custody and other brokerage services are provided by Pershing LLC, Member FINRA/NYSE/SIPC and a wholly owned subsidiary of The Bank of New York Mellon Corporation. Additional information may be obtained by calling 877-788-6261. GWFS and Pershing are separate and unaffiliated brokerage firms. Accounts are subject to review and approval of GWFS.
 

GWFS is affiliated with Great-West Funds, Inc.; Great-West Trust Company, LLC; and registered investment advisers Advised Assets Group, LLC and Great-West Capital Management, LLC, marketed under the Great-West Investments™ brand.
 

Low-priced and microcap securities are high risk investments and you may lose all of your investment. You understand that low-priced securities are a speculative investment, obtaining a current price quote can be difficult, and may be difficult to sell once you own them.
 

ETFs are a type of exchange-traded investment product that must register as either an open-end investment company (generally known as “funds”) or a unit investment trust. ETFs are not mutual funds.
Unlike mutual funds, individual shares of ETFs are not redeemable directly with the Issuer. ETF shares are a collection of securities bought and sold at market price, which may be higher or lower than the net asset value (NAV). Investment returns will vary based on market conditions and volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. ETFs are subject to risks similar to those of their underlying securities.
 

GWFS Equities, Inc. may receive a fee from mutual fund companies participating in the Empower Brokerage service, for providing certain distribution, administrative, and shareholder services.
 

The Empower Brokerage account and the Empower Investment Account (EIA) are intended for knowledgeable investors who acknowledge and understand the risks associated with the investments available through an Empower Brokerage account.
 

GWFS Equities, Inc. reserves the right to change and/or modify pricing.
 

Be aware that certain mutual funds may be subject to separate and additional redemption fees imposed by the particular fund. Refer to that fund's current prospectus for details.
 

You will receive a separate statement for your Empower Brokerage account that will detail the investment holdings and activity within your Empower Brokerage account, including any fees and charges imposed in connection with the account.
 

Transaction fees may apply to certain mutual funds. Transaction fees, where applicable, will be noted during online order entry or via your registered representative during broker-assisted trades.
 

Orders executed over multiple days may result in separate transaction fees for each trading day. Regulatory and American depositary receipt (ADR) fees as well as financial transaction taxes are separate and in addition to the posted commission.

Empower Managed Portfolios offered by Advised Assets Group, LLC, a registered investment adviser. There is no guarantee provided by any party that participation in any of the advisory services will result in a profit.

GWFS Equities, Inc is registered with the Municipal Securities Rulemaking Board (“MSRB”) a member of Financial Industry Regulatory Authority (FINRA), and Securities Investor Protection Corporation (SIPC). MSRB makes available on its website information for municipal securities investors describing the protections that may be provided by the MSRB’s rules and how to file a complaint with an appropriate regulatory authority.  The MSRB’s website address is www.msrb.org.

Consult with a tax professional about a municipal security’s tax implications, including the possibility that the security may be subject to the federal alternative minimum tax or eligible for state income tax benefits.

Options trading may increase the risk of principal loss and is not suitable for all investors. Prior to buying or selling an option, investors should read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD).

The Dreyfus Insured Deposit Program (DIDP) employs a “multi-bank” investment approach to significantly increase your total FDIC insurance coverage up to $2.5 million. This is accomplished by depositing your cash assets among multiple participating institutions (referred to as program banks) as determined by your available cash balance and a priority list of banks available to you. Deposits are insured by the FDIC in an amount up to $250,000 at each program bank.
The DIDP is not a security and is not covered by the Securities Investor Protection Corporation (SIPC). Your Empower Brokerage statement will detail the bank(s) that hold each deposit. As the customer, you are responsible for verifying your total deposits held by any one bank in both direct and indirect accounts in order to comply with FDIC limitations. GWFS Equities, Inc., its subsidiaries and affiliates are not responsible for any insured or uninsured deposits held in the DIDP. Please review the DIDP Terms and Conditions for complete program details related to interest, program bank account holding periods, fees and other risks that may be associated with the DIDP.

Real-time quotes are available when the markets are open. Trades placed when the markets are closed will be submitted during the next trading session when the markets are open.

System availability and response times may vary due to market volatility, system performance or other factors.
 

This site is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions.
 

This material has been prepared for informational and educational purposes only and is not intended to provide investment, legal or tax advice.
 

 

Brokerage Products unless otherwise noted:          NOT FDIC INSURED           NO BANK GUARANTEE           MAY LOSE VALUE

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