Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. You should review any planned financial transactions that may havee tax or legal implications with your personal tax or legal advisor.

Securities products are provided by Merrill Lynch, Pierce Fenner & Smith lncorporated (also referred to as "MLPF&S" or "Merrill"), a registered broker-dealer, Member SIPC, and a wholly-owned subsidiary of Bank of America Corporation ("BofA Corp."). MLPF&S makes available certain investrment products sponsored, managed, distributed or provided by companies that are affiliates of BofA Corp.

Bank of America Private Bank operates through Bank of America, N.A., and other subsidiaries of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N. A., Member FDIC, and a wholly-owned subsidiary of BofA Corp.

Insurance Products are offered through Merrill Lynch Life Agency Inc. (MLLA) and/or Banc of America Insurance Services, Inc. , both of which are licensed insurance agencies and wholly-owned subsidiaries of Bank of America Corporation.

Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N. A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.