National Securities

Gilman Ciocia is a wholly owned subsidiary of National Holdings Corporation, headquartered in Florida and New York. National Holdings Corporation ("NHLD") is the parent corporation of a number of affiliated financial services companies, including National Securities Corporation ("NSC"). National Securities Corporation ("NSC") is a full service brokerage firm, operated primarily through independent registered representatives, and offers securities, including variable insurance products, and investment banking services. Tax planning & preparation provided through Gilman Ciocia, Inc. Securities offered through National Securities Corp. member FINRA/SIPC (NSC). NSC does not offer tax services. Advisory services offered through National Asset Management, Inc. (NAM) a SEC Registered Investment Advisor. Insurance services offered through National Insurance Corp. (NIC). Gilman Ciocia, NSC, NAM and NIC are affiliated entities. Gilman Ciocia nor any of its affiliates offer legal services. Legal services are offered though attorneys in private practice. These practices are not affiliated with Gilman Ciocia.