Important Disclosure Information

JNBA Financial Advisors, Inc. (JNBA”) is an SEC registered investment adviser located in Bloomington, Minnesota.  JNBA may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements.  JNBA’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links.  Accordingly, the publication of JNBA’s web site on the Internet should not be construed by any consumer and/or prospective client as JNBA’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.  Any subsequent, direct communication by JNBA 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 JNBA, please contact the SEC or the state securities regulators for those states in which JNBA maintains a notice filing.  A copy of JNBA’s current written disclosure statement discussing JNBA’s business operations, services, and fees is available from JNBA upon written request.  Hyperlinks on this Website are provided as a convenience. JNBA does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to the Website or incorporated herein, and takes no responsibility for the same. All such information is provided solely for convenience, educational, and informational purposes only, and all Users are guided accordingly.

Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by JNBA), will be profitable or equal any historical performance level(s).

Certain portions of JNBA’s web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, JNBA (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date.  Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s).  Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from JNBA, or from any other investment professional.  JNBA is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.

Please Note: LimitationsNeither rankings and/or recognition by unaffiliated rating services, publications, or other organizations, nor the achievement of any designation or certification, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA Financial Advisors, Inc. is engaged, or continues to be engaged, to provide investment advisory services Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers. No ranking or recognition should be construed as a current or past endorsement of JNBA Financial Advisors, Inc. by any of its clients.  ANY QUESTIONS: JNBA Financial Advisors, Inc.’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including providing the criteria used for any reflected ranking.

With respect to references on this web site, email signatures, or other stand-alone documents to rankings and/or recognition received by JNBA or its representatives’ designations received from Barron’s “America’s Top 100 Independent Financial Advisors,” and Barron’s “America’s Top 1,200 Financial Advisors,” please note the following which is provided to the best of JNBA’s knowledge:

The most recent sources are: Barron’s “America’s Top 100 Independent Financial Advisors,” September 15, 2017 and Barron’s “America’s Top 1,200 Financial Advisors,” March 4, 2017, respectively. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved. Barron’s “America’s Top 100 Independent Financial Advisors” and “America’s Top 1,200 Financial Advisors” base their rankings upon data provided by individual advisers and their firms, including submissions by JNBA. Barron’s then confirms that data via regulatory databases, cross-checks with securities firms and conversations with individual advisers. The rankings reflect “the volume of assets overseen by the advisors and their teams, revenues generated for the firms and the quality of the advisors’ practices.” The scoring system assigns a top score of 100 and rates the rest by comparing them with the winner. A ranking of “N” denotes an advisor who is new to the list. The formula Barron’s uses to rank advisers is proprietary. It has three major components: assets managed, revenue produced and quality of practice. Investment returns are not a component of the rankings because an adviser’s returns are dictated largely by the risk tolerance of clients. The quality-of-practice component includes an evaluation of each adviser’s regulatory record.

Neither JNBA nor any other participating advisers paid a fee to be eligible for the “America’s Top 100 Independent Financial Advisors” or “America’s Top 1,200 Financial Advisors” rankings. JNBA is unaware of any undisclosed facts that could potentially invalidate the appropriateness of the rankings. By virtue of disclosing these rankings, JNBA is disclosing favorable ratings (to the extent that JNBA is ranked above other advisors) and unfavorable ratings (to the extent that JNBA is ranked below other advisors).  Barron’s does not publish, nor is JNBA aware of the percentage of other advisers that received the applicable rankings.  The rankings may not be representative of any one client’s experience because of the way in which it is calculated. The rankings are independently granted. The rankings are absolutely not indicative of JNBA’s future performance, or any future performance pertaining to its clients’ investments. These rankings or any other rankings should not be construed as a guarantee that a client will experience a certain level of results or satisfaction if JNBA is engaged, nor should it be construed as a current or past endorsement by any of its clients.

Additional information about Barron’s “America’s Top 100 Independent Financial Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors?mod=BOL_Nav_TAD_hpp; and the ranking list itself is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2017

Additional information about Barron’s “America’s Top 1,200 Financial Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors?mod=BOL_Nav_TAD_hpp; and the ranking list itself is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/minnesota/2017

To the extent that any client or prospective client utilizes any economic calculator or similar interactive device contained within or linked to JNBA’s web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from JNBA, or from any other investment professional.

Each client and prospective client agrees, as a condition precedent to his/her/its access to JNBA’s web site, to release and hold harmless JNBA, its officers, directors, owners, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from JNBA.

Please remember that past performance may not be indicative of future results.  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 JNBA Financial Advisors, Inc.), or any non-investment related content, made reference to directly or indirectly in this blog 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 in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, Inc.  To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. JNBA Financial Advisors, Inc. is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the JNBA Financial Advisors, Inc.’s current written disclosure statement discussing our advisory services and fees is available for review upon request. Please Note: JNBA Financial Advisors, Inc. does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to JNBA Financial Advisors, Inc.’s web site or incorporated herein, and takes no responsibility therefore.  All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.