Disclosure Statement

Kaufman Hall Investment Management (“KHIM”) an investment adviser registered with the United States Securities and Exchange Commission (“SEC”). SEC registration does not constitute an endorsement of KHIM by the SEC nor does it indicate that KHIM has attained a particular level of skill or ability. This web site is limited to the dissemination of general information pertaining to its investment advisory/management services. Investing in the stock market involves the risk of loss that clients should be prepared to bear. Any subsequent, direct communication by KHIM with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of KHIM, please contact us or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov).

This site may provide links to other web sites. Third parties, over whom KHIM exercises no control, maintain these web sites. KHIM expressly disclaims any responsibility for the content, accuracy of information, and availability of and/or quality of products, services or software provided by or advertised on any third-party web sites. If you leave this site through a hyperlink, or any other means, you do so at your own risk KHIM is not responsible or liable for any content or other materials on or available through such sites or any losses related thereto.

Any commentary that cannot be removed by KHIM placed by a third party for circumstances relating to the third-party site or on KHIM’s site should not be interpreted as an endorsement or testimonial by KHIM.

For additional information about KHIM, including fees and services, send for our disclosure statement as set forth on Form ADV. Please read the disclosure statement carefully before you invest or send money.