For the following disclosures, references to Hilliard Lyons include both J.J.B. Hilliard, W. L. Lyons, LLC and Hilliard Lyons Trust Company, LLC, unless specifically indicated otherwise.

Business Continuity

We plan to continue business in the event of a significant business disruption, with a planned recovery time proportional to the disruption’s severity. Our business continuity plan will let us continue to perform mission-critical services after a building-only, city-wide, or regional business disruption.

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USA PATRIOT Act Information

To help combat funding for terrorism and money laundering activities, Hilliard Lyons and its affiliates are mandated to verify the identity of all persons who establish a customer relationship with the Firm.

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Quarterly Reporting for SEC Rule 606

The Securities and Exchange Commission Rule 606 of Regulation NMS requires every broker-dealer that routes orders to make publically available quarterly reports that presents statistical information about non-directed customer orders in certain equity and option securities. The quarterly report must disclose any material aspects of the broker-dealer’s relationship with each of the top ten venues with the largest number of non-directed orders.

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Cash Sweep Program

Read the Cash Sweep disclosure statement for J.J.B. Hilliard W.L. Lyons, LLC clients.

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Social Media Disclosure

The information on advisors' social media sites arenot intended to be used as the primary basis of investment decisions. It is for informational purposes only and is not a representation by us or an offer or a solicitation of an offer to sell or buy any security. Furthermore, this site has been published in the United States for residents of the United States. It is not intended for use by or to provide information to investors outside of the United States.

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Hilliard Lyons Trust Company Disclosures

Read the terms, conditions and legal disclosures that may affect your rights as a client of Hilliard Lyons Trust Company, LLC.

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Municipal Securities Group Legal Disclosures

The information and statistics in Municipal Securities reports have been obtained from sources we believe are reliable but we do not warrant their accuracy or completeness. We do not undertake to advise the reader as to changes in figures or our views. This is not a solicitation of an order to buy or sell any securities.

Municipal Securities Group Publications

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Third-Party Research Disclosures

Investors should consider the information below, in reviewing third party research provided by Hilliard Lyons:
Hilliard Lyons makes the third party research material available to its clients without charge for their convenience. Any opinion, advice and/or recommendation regarding securities or markets contained in such material does not reflect the views of Hilliard Lyons, and Hilliard Lyons does not verify any information included in such material. Hilliard Lyons assumes no responsibility for any recommendation, opinion, advice and/or purported fact contained in any such research material and expressly disclaims any responsibility for its accuracy.

Further, Hilliard Lyons assumes no responsibility for the completeness or timeliness of any such research or for updating such research, which is subject to change without notice at any time.

Because of the nature of its business, Hilliard Lyons may have potential conflicts of interest with subject companies of research reports provided to clients.

As of the end of the preceding month, Hilliard Lyons had voting or investment control of 1% or more of a class of common equity securities of the following issuers: Citizens First Corp.

Hilliard Lyons also managed or co-managed, acted as an underwriter, or participated in a selling group of a public offering of securities for the following issuers within the past 12 months. Affiliated Manager’s Group, Inc., Americold Realty Trust, American Financial Group, Inc., AT&T Inc., Brighthouse Financial, Inc., Brunswick Corp., CMS Energy Corp., Duke Energy Corp., Energy Transfer Partners, Gladstone Capital Corp., Gladstone Investment Corp., Gladstone Land Corp., Global Medical REIT, Inc., Hannon Armstrong Sustainable Infrastructure Capital, Jernigan Capital, Inc., JPMorgan Chase, MetLife, Inc., Nuveen High Income 2023 Target Term Fund, Oaktree Capital Group, Prudential Financial, and Unum Group.

Last updated April 15, 2019

Research Disclosures

Hilliard Lyons will no longer be producing research reports as of April 30, 2018. Please contact your Wealth Advisor with questions.


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Legal Disclosures