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Scott & Stringfellow receives payments from several of the Mutual Fund and Annuity companies whose products we distribute. These contributions may be used to conduct due diligence on their respective products and to pay for training and educational meetings for our financial advisors. Additionally, Mutual Fund companies also may pay Scott & Stringfellow for administration and record-keeping services.
These payments are not part of your financial advisor’s compensation, nor do they have any affect on your sales charge. These strategic alliances are in accordance with industry rules and regulations, and we believe that the financial arrangements do not compromise the advice you receive.
You should also be aware that Scott & Stringfellow and other entities associated with BB&T that sell shares of BB&T Funds may receive more revenue from the sale of BB&T Funds than from the sale of other mutual funds offered by Scott & Stringfellow.
Mutual Fund policies can be found in either the fund’s prospectus or the Statement of Additional Information (SAI), which is available on request from the fund company. If you have any questions regarding these practices, please contact your financial advisor.
The following companies have provided financial support to Scott & Stringfellow, Inc. consistent with the parameters outlined above:
AIM
American Funds
BB&T Funds
Federated
Hartford
ING
Jackson National Life
MetLife
Manulife
MFS
Nationwide
Pacific Life
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