Guzman & Company's directed brokerage programs provide our institutional clients and plan sponsors the ability to consistently lower commission costs and enhance performance. You receive more value from your commission dollars as these "recaptured" and "soft dollar" credits work directly to the benefit of your portfolio.

Our soft-dollar program is another feature of our commitment to providing a full spectrum of value-added brokerage services to our clients. And again, as an agency-only broker, our business is transparent and solely focused on the interests of our plan sponsors and investment managers.

Guzman & Company has consistently met the demands of the investment community's requirements for soft dollars. As our client, you decide what percent of your commissions you want to allocate for soft-dollar services.

Our soft-dollar program, which meets all the requirements of the safe harbor of the Securities and Exchange Act of 1934 section 28(e). Detailed monthly statements show reconciliation and reporting of all directed trades-ensuring that every soft dollar is being applied towards your approved research vendor or other brokerage services.