Schwab Alliance Disclosure

You are now leaving the Carmichael Hill & Associates (“Carmichael Hill”) website and will be entering the Charles Schwab & Co., Inc. (“Schwab”) website.Schwab is a registered broker-dealer, and is not affiliated with Carmichael Hill or any advisors whose names appear on this website. Carmichael Hill is independently owned and operated. (Schwab neither endorses nor recommends Carmichael Hill, unless you have been referred to us through the Schwab Advisor Network®.) Regardless of any referral or recommendation, Schwab does not endorse or recommend the investment strategy of any advisor. Schwab has agreements with Carmichael Hill under which Schwab provides Carmichael Hill with services related to your account. Schwab does not review the Carmichael Hill website, and makes no representation regarding information contained in the Carmichael Hill website, which should not be considered to be either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities.