Disclaimers

disclaimers, disclosures, and warranties

Investment advisory services are offered through Canopy Financial Solutions, a registered investment adviser (RIA) registered with the State of North Carolina. Registration does not imply a certain level of skill or training. This material is for informational and educational purposes only. It is not an offer, solicitation or recommendation to buy or sell any security, strategy or product. Any recommendation is made only after a review of your individual circumstances.

Investment risk: All investing involves risk, including possible loss of principal. No strategy ensures a profit or protects against loss. Past performance, whether actual, hypothetical or backtested, does not guarantee future results.

Tactical and algorithmic strategies: Canopy FinSol subscribes to two services offered by SumGrowth Strategies, LLC — The AlphaSheet and AlphaDroid, high performance algorithms and portfolios are designed by and for advisors. They utilize True Sector Rotation algorithms to own momentum leaders in bull markets, and the StormGuard algorithm invokes a Bear Market Strategy to protect and grow assets during prolonged downturns.

Dual Defense™, StormGuard™ and TrendGuard™ are proprietary models developed by AlphaDroid™ and licensed to Canopy Financial Solutions. Model-driven strategies may fail to identify market changes in a timely way. They can also produce frequent trades that raise transaction costs and taxes, and may underperform buy-and-hold strategies or broad benchmarks, particularly in rapidly reversing ("whipsaw") markets. Defensive positions may include cash, bonds, gold or inverse funds. Inverse and leveraged funds carry added risks and are generally intended for short holding periods. Models rely on data and assumptions that may prove incorrect.

SumGrowth Strategies, LLC is not a registered investment advisor and does not provide professional financial investment advice specific to any client and does not make any corresponding trades for clients or have custody of any client assets. The AlphaSheet / AlphaDroid is strictly an automated algorithmic strategy analysis tool that produces Strategy trade signals according to the set of funds you provide for its analysis. We do, however, provide support specific to the operation of the AlphaSheet so you can better create or modify Strategies to meet your objectives. Seek the advice of a registered investment advisor if you are unsure of the suitability of using the AlphaSheet to help you achieve your personal investment objectives.

From CFTC Rule 4.41:  Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do no represents actual trading.  No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses is material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

Risk Number and return ranges: Risk Numbers and expected return ranges are provided by Nitrogen Wealth. They are hypothetical, model-based estimates of potential 6-month outcomes, not guarantees, and actual results may fall outside these ranges.

Structured investments: Structured notes are subject to the credit risk of the issuer and may have limited or no liquidity before maturity. They may cap upside participation, and any downside buffers or barriers are limited. You may lose some or all of your principal.

Securities-based lending. Borrowing against a portfolio involves risks, including variable interest rates and possible collateral calls. A decline in value may force the sale of securities, which can create tax consequences.

Insurance and annuities. Insurance and annuity products are offered by Michael “Zeke” Kelly in his separate capacity as a licensed insurance agent with The Cason Group and Megastar Advisors, LLC, and he may receive commissions. This creates a conflict of interest. Guarantees are based on the claims-paying ability of the issuing insurer. Annuities may involve surrender charges, fees and limits on withdrawals.

Tax and legal. Canopy Financial Solutions does not provide legal advice and does not provide tax preparation or formal tax advice. Please consult your tax and legal professionals about your specific situation. Legal services are provided by Brick City Law, a law firm owned by Jessica Kelly, spouse of Michael "Zeke" Kelly. Mr. Kelly also serves as a consultant to Brick City Law. These relationships present a potential conflict of interest and are disclosed as an Outside Business Activity on Mr. Kelly's Form U4 and in Form ADV Part 2B. You are under no obligation to use Brick City Law.

More information about our services, fees and conflicts of interest is in our Form ADV Part 2A, available on request or at adviserinfo.sec.gov.