Disclosures of Compensation and Revenue Sharing Practice. MOIS and its representatives may receive compensation from mutual fund companies, variable product insurance companies and state sponsored 529 Plans made available to you. These payments include sales charges (sometimes called “loads”) and trailing commissions (including service fees known as 12b-1 payments). MOIS may also receive additional payments called revenue sharing payments or marketing allowances from certain providers under special agreements with those firms. These additional payments are designed to help such providers facilitate the distribution of their products through the marketing and education of representatives regarding the product features, benefits and risks. Such marketing and education may include one-on-one marketing, due diligence presentations and attendance at MOIS sponsored conferences. These revenue sharing payments or marketing allowance payments are more fully described in applicable prospectuses, and are usually paid out by a mutual fund affiliate and are not from fund assets or commissions generated by the fund. MOIS representatives do not receive a greater or lesser compensation for sales of products for which MOIS receives revenue sharing payments or marketing allowance and therefore we do not believe they are subject to a conflict of interest when recommending one product over another. However, a mutual fund or insurance carrier’s marketing and educational activity could lead a representative to focus on such products (as opposed to products which do not provide such support) when recommending investments to customers. MOIS has an arrangement with Pershing LLC based on the number of assets held in custody with Pershing LLC. At the end of each quarter, if MOIS does not meet a minimum revenue amount with Pershing LLC, MOIS is charged a specified fee as agreed upon with Pershing LLC. This presents a conflict of interest for MOIS to recommend investments with Pershing LLC rather than other investments that may be more appropriate. For more specific and updated disclosure regarding specific compensation, conflicts of interest and revenue arrangements go to our website at xxx.xxxxxxxxxxxxx.xxx/xxxxxxxxxxx. • Investment Objectives. MOIS has identified five common investment objectives for customers to determine their objectives for assets held with Pershing or directly with a Product Sponsor. Based on the definitions set forth below MOIS will rely upon the objective(s) selected by you, in addition with other factors such as yo...
Disclosures of Compensation and Revenue Sharing Practice. MOIS and its representatives may receive compensation from mutual fund companies, insurance companies and other product sponsors. These payments include sales charges (sometimes called “loads”), advisory fees, solicitor fees and trailing commissions (including service fees known as 12b-1 payments). For more information regarding the compensation received on your account please review the applicable plan documents and disclosures presented by your representative. MOIS may also receive additional payments called revenue sharing payments or marketing allowances from certain providers under special agreements with those firms. These additional payments are designed to help such providers facilitate the distribution of their products through the marketing and education of representatives regarding the product features, benefits and risks. Such marketing and education may include one-on-one marketing, due diligence presentations and attendance at MOIS sponsored conferences. These revenue sharing payments or marketing allowance payments are more fully described in applicable prospectuses, disclosure documents and plan documents, and are usually paid out by a mutual fund affiliate and are not from fund assets or commissions generated by the fund. MOIS representatives do not receive a greater or lesser compensation for sales of products for which MOIS receives revenue sharing payments or marketing allowance and therefore we do not believe they are subject to a conflict of interest when recommending one product over another. However, a mutual fund or insurance carrier’s marketing and educational activity could lead a representative to focus on such products (as opposed to products which do not provide such support) when recommending products to customers. MOIS offers retirement plan services through Mutual of Omaha Insurance Company’s (“Mutual of Omaha”) Retirement Services program. Mutual of Omaha Retirement Services offers investments through a group variable annuity contract underwritten by United of Omaha Life Insurance Company (“United of Omaha”) in all states except New York. Companion Life Insurance Company (“Companion Life”) underwrites the group variable annuity in New York. United of Omaha and Companion Life are both affiliates of MOIS. There is a conflict of interest with respect to recommendations for retirement plan investments through Mutual of Omaha Retirement Services as MOIS’s affiliate(s) will earn additional compensation for assets invested in suc...
