Discretionary Management Services, LLC is an independently owned investment research and management firm that is an affiliate of DeMarche Associates, Inc.

This information is not an advertisement and is not intended for public use. The information contained herein has been obtained from sources believed to be reliable (including DeMarche Associates), but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions expressed are subject to change without notice.

All investments carry a level of risk, including the potential for loss of principal. Investments do not grow at an even rate of return and investment will experience varying levels of volatility of returns with the potential for negative returns. Past performance is not indicative of future results.

Copies of the SEC Form ADV for Discretionary Management Services, LLC and DeMarche Associates, Inc. are available for more detailed disclosures.

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