The Municipal Securities Regulatory Board (MSRB) under Rule G-10 has required us to notify you of the following three items:

• Kingswood Capital Partners, LLC is registered with the SEC and the MSRB.
• The MSRB website is: msrb.org
• Informational brochures are available via the following hyperlinks:

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Municipal Securities Investor Brochure:

http://www.msrb.org/~/media/Files/Resources/MSRB-Investor-Brochure.ashx?la=en

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Municipal Advisory Clients Brochure:

http://www.msrb.org/~/media/Files/Resources/MSRB-MA-Clients-Brochure.ashx?la=en

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