Insurance Affiliate & Conflicts Disclosure

Foundations Investment Advisors, LLC (“Foundations”) is an investment adviser registered with the U.S. Securities and Exchange Commission that provides financial advisory services to clients. In providing such advisory services, Foundations acts as a fiduciary in accordance with applicable state or federal securities laws. The nature of these advisory services together with information about compensation and conflicts of interest is described in further detail in Foundations’ Form ADV and Form CRS documents, available at https://adviserinfo.sec.gov/firm/summary/175083.

Foundations is affiliated with Magellan Financial & Insurance Services, LLC (“Magellan”) through common ownership and control. Magellan is an independent marketing organization and insurance general agency that provides insurance contracting services to licensed insurance agents and receives compensation from insurance companies in connection with insurance products sold through Magellan. Foundations does not market or sell insurance products, Foundations is not licensed to sell insurance products in any jurisdiction, and Foundations does not manage or charge asset-based fees on commission-based insurance products that are customarily governed by state insurance law.

Investment adviser representatives of Foundations are also licensed as insurance agents and, acting in that separate capacity as insurance agents, offer insurance products governed by state insurance law, including life insurance and annuities. In offering such insurance products, these representatives act strictly as insurance agents in accordance with applicable state insurance laws. It is important that you understand the following information about the role of these representatives in offering insurance products to you:

The representative is acting in a separate capacity as an insurance agent and not as a fiduciary investment adviser.
The representative is required to comply with state insurance laws rather than securities laws.
The representative must act in your best interest when recommending an annuity in accordance with applicable state insurance laws.
The representative and/or Magellan will earn commission on sales of insurance products which is mostly paid upfront and may exceed annual fees earned on sale of other products and services.
The representative may qualify for incentive compensation through Magellan, such as bonuses or other indirect compensation such as training, marketing support, and reimbursement for conferences.
The representative and/or Magellan offers only a limited range of insurance products available through a select group of insurance companies and products not offered by the representative and/or Magellan may provide comparably better pricing and/or other terms.
The representative has a conflict of interest to the extent commission and other compensation encourages the sale of insurance products.

This information is provided to help you make an informed decision on whether to purchase the recommended insurance product. You are under no obligation to purchase any insurance product offered or recommended by any representative or affiliate of Foundations.