Referral Disclosure

You are being referred to CUSO Financial Services, LP (“CFS”) the brokerage firm and Registered Investment Adviser that provides non-deposit investment products and services through CFS Financial Professionals at UMassFive College Federal Credit Union ("UMassFive"). CFS and UMassFive have entered into an agreement whereby the UMassFive may refer potential investment clients to CFS. Below is some important information for you to understand about this endorsement.

  • UMassFive is not a current investment client of CFS and is not affiliated with CFS.
  • UMassFive will receive compensation from CFS if you establish an investment advisory account with CFS or engage CFS for financial planning services.
    • UMassFive will receive up to 42% net of fees, expenses, and overhead of the investment advisory fee or financial planning fee that you pay to CFS. UMassFive will receive this fee for as long as you maintain an investment advisory relationship with CFS.
    • You do not pay a higher investment advisory fee or financial planning fee because of the fee paid to UMassFive.
  • UMassFive has a conflict of interest because it has a financial incentive to recommend that you establish an investment advisory relationship with CFS.
  • UMassFive may compensate certain employees to refer potential clients to CFS for investment advisory services. This creates a conflict of interest because the UMassFive employee receives a $25 one-time payment per referral if the potential client attends a meeting with CFS. The UMassFive employee receives the payment even if the potential client does not establish an investment advisory relationship with CFS.

UMassFive is not authorized to provide investment advice on behalf of CFS.

For important information related to our fees and services please visit adviserinfo.sec.gov/firm/summary/42132.

Non-deposit investment products and services are offered through CUSO Financial Services, LP (“CUSO Financial”) ("CFS") a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CUSO Financial: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CUSO Financial. The Credit Union has contracted with CUSO Financial for investment services. Atria Wealth Solutions, Inc. ("Atria") is not a registered broker-dealer or Registered Investment Advisor. CUSO Financial is a subsidiary of Atria.