This site is for the use of clients and potential clients of Beacon Capital Management, Inc. It is not to be used by any other investment advisor or investment professional as an information/marketing materials source, asset allocator, risk tolerance assessment, or for any other purpose. Reproduction or editing by any means, mechanical or electronic, in whole or in part, without the express written permission of Beacon Capital Management, Inc. is strictly prohibited and subject to prosecution under U.S. and International copyright and trademark laws.

Beacon Capital Management, Inc. is an investment advisory firm registered with the Securities and Exchange Commission as a d/b/a under Beacon Capital Management, Inc. Additional information about Beacon Capital Management, Inc. is also available on the SEC’s website at www.adviserinfo.sec.gov under CRD number 120641. Beacon Capital Management, Inc. only transacts business in states where it is properly registered, or excluded or exempted from registration requirements.

Information throughout the Beacon Capital Management, Inc. site and materials, whether stock quotes, charts, articles, or any other statements regarding market or client performance or other financial information is obtained from sources which Beacon Capital Management, Inc., and its suppliers believe reliable, but Beacon Capital Management, Inc. does not warrant or guarantee the timeliness or accuracy of this information. Beacon Capital Management, Inc., nor its suppliers shall be liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or for any delay or interruption in the transmission thereof to the user.

At certain places throughout the Beacon Capital Management, Inc. site, live links to other Internet addresses can be accessed. Such external Internet addresses contain information created, published, maintained, or otherwise posted by institutions or organizations independent of Beacon Capital Management, Inc. Beacon Capital Management, Inc. does not endorse, approve, certify, or control these external Internet addresses and does not guarantee or assume responsibility for the accuracy, completeness, efficacy, timeliness, or correct sequencing of information located at such addresses. Use of any information obtained from such addresses is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference therein to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by Beacon Capital Management, Inc.

Past performance is not indicative of future results. No investment is risk-free. Therefore, different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Beacon Capital Management, Inc.), or any non-investment related content, made reference to directly or indirectly on Beacon Capital Management, Inc. website will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained on this website serves as the receipt of, or as a substitute for, personalized investment advice from Beacon Capital Management, Inc. or your advisor. Please remember to contact your advisor, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services.

Mutual funds and other securities may distribute taxable dividends and capital gains to investors. Taxes on such items can affect the returns realized from such investment. Income received from certain investments may be subject to the Alternative Minimum Tax (AMT). Please consult with your tax advisor before making any investment and consider the effect that taxes may have on returns.

Rebalancing assets in a portfolio can have tax consequences. Selling assets in a taxable account may result in a taxable gain.

Beacon Capital Management, Inc. is neither a law firm nor a certified public accounting firm and no portion of the website should be construed as legal or accounting advice.

With respect to the Beacon Capital Management, Inc. models referenced herein, as with any investment philosophy, there is possibility of profitability as well as loss. Diversification seeks to improve performance by spreading investment dollars into various asset classes to add balance to a portfolio. In addition, stop-loss strategies seek to limit losses by selling after a certain level of decline. Using these methods, however, does not guarantee a profit or protection from loss in a declining market. Beacon Capital Management, Inc. does not guarantee performance for any investment recommendation.

Investors should consider investment objectives, risks, charges, and expenses before investing. To obtain a prospectus, which contains this and other information, please visit www.vanguard.com.

Your use of this site is acknowledgement that you have read and understood the full disclaimer.