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No Offer or Advice Nothing contained on this Site constitutes an offer, solicitation or recommendation regarding any investment management product or service, or the offer to sell or the solicitation of an offer to buy any security; nor shall any such services be provided, or securities be offered or sold, in any jurisdiction in which such an offer, solicitation, provision or sale would be unlawful. All Site Content is subject to applicable statutes and regulations. This Site is published in the United States for residents of the United States. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this Site. U.S. investors are advised that not all investments or services described on this Site are available for sale in all states. Any potential investor should satisfy himself or herself that use of a Clarkston service or investment in a Clarkston product is permissible under the rules and regulations of his or her domicile. The Site is not directed to any person in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the publication or availability of the Site is prohibited. Persons in respect of whom such prohibitions apply must not access the Site.
Certain statements contained on this Site may be statements of belief, statements of future expectations, or other forward-looking statements that are based on Clarkston’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. It is intended only to provide observations and views of the author(s) at the time of writing, both of which are subject to change at any time without prior notice. In addition to context, investors should consider words such as "may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential, or continue" and similar expressions to indicate forward-looking statements. Clarkston assumes no obligation to update any forward-looking information contained on this Site.
Any reference to a particular company or security is not an endorsement by Clarkston of that company or security or a recommendation by Clarkston to buy, sell or hold such security. Any securities referenced do not represent all securities purchased, sold, held, or recommended for advisory clients.
Investments Past performance is no guarantee of future results. Investing involves risk, including the loss of principal.
Equity securities are generally volatile and more risky than other forms of investment. The equity portfolios we manage hold a limited number of positions, which can result in greater volatility than in equity portfolios with a larger number of positions. When a portfolio holds fewer securities, the performance of each position, either negative or positive, has a greater impact on the portfolio and the portfolio is subject to greater risk of loss if any of those securities becomes impaired. Similarly, a substantial portion of our equity portfolios’ assets may be invested within one or more economic sectors, and market or economic factors impacting those sectors could have a signiﬁcant effect on the value of the portfolio's investments.
The portfolios we manage may hold a significant allocation to cash over longer periods of time and, therefore, may not be appropriate for investors who wish to be fully invested in the market. Cash does not fluctuate with the market like stocks or bonds, but cash is subject to inflation risk and returns on cash could be insufficient to cover related costs.
Investments in any of Clarkston’s products or services are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not federally insured or guaranteed by the U.S. government, the FDIC, the Federal Reserve Board or any other agency.
No Reliance Although Clarkston has taken reasonable care to ensure that the information contained within this Site is accurate, Clarkston makes no representation or warranty (including liability towards third parties), expressed or implied, on its or its contractual partners’ behalf as to its accuracy, reliability or completeness. Clarkston’s opinions and any other contents of the Site are provided for personal use and informational purposes only and are subject to change without notice. Nothing contained on this Site constitutes investment, legal, tax or other advice and should not be relied on in making an investment or other decisions. Any tax benefits referred to on this Site are subject to change and their availability and value will depend on an investor’s individual circumstances.
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Linked Sites Certain hyperlinks or referenced websites on the Site may for your convenience forward you to third parties' websites, which generally are recognized by their top-level domain name. Any descriptions of, references to, or links to other products, publications or services does not constitute an endorsement, authorization, sponsorship by or affiliation with Clarkston with respect to any linked site or its sponsor, unless expressly stated by Clarkston. Any such information, products or sites have not necessarily been reviewed by Clarkston and are provided or maintained by third parties over whom Clarkston exercises no control. Clarkston expressly disclaims any responsibility for the content, the accuracy of the information, and/or quality of products or services provided by or advertised on these third-party sites. Clarkston reserves the right to terminate any hyperlink or hyperlinking program at any time.
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