AGGRESSIVE STRATEGY The goal of the Aggressive strategy is maximized capital growth over a long term investment cycle. This strategy will employ a greater degree of risk than the other three strategies, which may be evidenced by a larger percentage of the strategy being invested in equities, and more volatile fixed income securities, as well as a mix of other security types. Performance drivers in this strategy are likely to be investments that have both positive and negative potential, and the determining factors as to whether the investment performs well or poorly are a set of variables about which Heritage Wealth Management can research and make judgments, but are not guaranteed to have the outcome predicted by the firm, as they are out of the firm's control. While this strategy carries the most risk of the other Heritage Wealth Management strategies, this does not mean that the strategy is not constructed to protect against some downside risk. Because of the nature of this strategy, and the unpredictable aspects of investing in potential "home run" investments, it is expected that a number of individual investments will perform poorly, while a number will perform exceedingly well. This is why the actual construction of the overall portfolio is so important, as it is the mix of these investments and risk mitigating investments that will help protect the client from downside risk. Performance in this strategy is therefore expected to be more volatile, and therefore this strategy would not be appropriate for any client that is not investing for a significant period of time. Clients who are accustomed to seeing performance peaks and troughs during a long investment cycle are most appropriate for this strategy.There are no limits to the types of securities that may be placed in a strategy, or that Heritage Wealth Management may evaluate for a client or for inclusion in a strategy. However, investment types most typically include stocks, bonds, exchange traded funds (ETFs), mutual funds, options, and money market accounts. Heritage Wealth Management Disclosures The strategies presented are not necessarily appropriate for any particular client or investor. Accordingly, any reader of the descriptions herein should not interpret the attached as investment advice. The descriptions discuss implied volatility and risk approximations of each strategy. These are intended to be used for informational purposes only, as there is no guarantee that an investment using the strategy described will perform exactly as described for any given time period. Diﬀerent types of investments involve varying degrees of risk, and there can be no assurance that any speciﬁc investment will either be suitable or proﬁtable for a client's investment portfolio. All investments bear a risk of loss, including the loss of principal, that the investor should be prepared to bear. Past performance may not be indicative of future results. No current or prospective client should assume that the future performance of any speciﬁc investment, investment strategy (including investments and/or investment strategies recommended by the adviser), will be equal to past performance levels.