Form D Raw Data - Electronic Filing Depository

EFDID: 251425EFD: Raw Data

Issuer: Colorado Multifamily Portfolio III DST (0001723415) - D/A

Accession: 0001723415-18-000012 () (EDGAR Files) (Form D)

Edgar Posted: Jun. 5, 2018
EFD Posted: Jun. 5, 2018

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001723415 </ cik >

< entityName > Colorado Multifamily Portfolio III DST </ entityName >

- < issuerAddress >

< street1 > C/- INLAND PRIVATE CAPITAL CORPORATION </ street1 >

< street2 > 2901 BUTTERFIELD ROAD </ street2 >

< city > OAK BROOK </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 35227118000 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Business Trust </ entityType >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2017 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > Inland Private Capital Corporation </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2901 Butterfield Road </ street1 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Sponsor of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > Colorado Multifamily Portfolio III Exchange, L.L.C </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Inland Private Capital Corporation </ street1 >

< street2 > 2901 Butterfield Road </ street2 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Signatory Trustee of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > Colorado Multifamily Portfolio III, L.L.C. </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Inland Private Capital Corporation </ street1 >

< street2 > 2901 Butterfield Road </ street2 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Depositor of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Mitchell </ firstName >

< middleName > A </ middleName >

< lastName > Sabshon </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2901 Butterfield Road </ street1 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director and Chairman of the Board of the Sponsor </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Keith </ firstName >

< middleName > D </ middleName >

< lastName > Lampi </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2901 Butterfield Road </ street1 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director, President and Chief Operating Officer of the Sponsor </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Rahul </ firstName >

< lastName > Sehgal </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2901 Butterfield Road </ street1 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director and Chief Investment Officer of the Sponsor </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Daniel </ firstName >

< middleName > L </ middleName >

< lastName > Goodwin </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2901 Butterfield Road </ street1 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director of the Sponsor </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Catherine </ firstName >

< middleName > L </ middleName >

< lastName > Lynch </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2901 Butterfield Road </ street1 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director of the Sponsor </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Roberta </ firstName >

< middleName > S </ middleName >

< lastName > Matlin </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2901 Butterfield Road </ street1 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director of the Sponsor </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Robert </ firstName >

< middleName > G </ middleName >

< lastName > Parks </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2901 Butterfield Road </ street1 >

< city > Oak Brook </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60523 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director of the Sponsor </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other Real Estate </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0001723415-18-000010 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2017-11-15 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 25000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Scott Sheehan </ recipientName >

< recipientCRDNumber > 2328614 </ recipientCRDNumber >

< associatedBDName > DFPG Investments, Inc. </ associatedBDName >

< associatedBDCRDNumber > 155576 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 9017 S RIVERSIDE DRIVE </ street1 >

< city > Sandy </ city >

< stateOrCountry > UT </ stateOrCountry >

< stateOrCountryDescription > UTAH </ stateOrCountryDescription >

< zipCode > 84070 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Edward Fernandez </ recipientName >

< recipientCRDNumber > 2956661 </ recipientCRDNumber >

< associatedBDName > Capulent LLC </ associatedBDName >

< associatedBDCRDNumber > 155155 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4144 N 44TH STREET </ street1 >

< street2 > Suite 3 </ street2 >

< city > Phoenix </ city >

< stateOrCountry > AZ </ stateOrCountry >

< stateOrCountryDescription > ARIZONA </ stateOrCountryDescription >

< zipCode > 85018 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > MO </ state >

< description > MISSOURI </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Robert Smith </ recipientName >

< recipientCRDNumber > 1412333 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 19500 VICTOR PARKWAY </ street1 >

< street2 > Suite 550 </ street2 >

< city > LIVONIA </ city >

< stateOrCountry > MI </ stateOrCountry >

< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Tim Clairmont </ recipientName >

< recipientCRDNumber > 2847591 </ recipientCRDNumber >

< associatedBDName > Lion Street Financial, LLC </ associatedBDName >

< associatedBDCRDNumber > 165828 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 515 CONGRESS AVE </ street1 >

< street2 > Suite 2500 </ street2 >

< city > Austin </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 78701 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Christina Nielson </ recipientName >

< recipientCRDNumber > 4866971 </ recipientCRDNumber >

< associatedBDName > Primex Prime Electronic Execution Inc </ associatedBDName >

< associatedBDCRDNumber > 29394 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 54 WEST 21ST STREET </ street1 >

< street2 > 12TH FLOOR </ street2 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10010 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Tom Velken </ recipientName >

< recipientCRDNumber > 1600404 </ recipientCRDNumber >

< associatedBDName > Sigma Financial Corporation </ associatedBDName >

< associatedBDCRDNumber > 14303 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 300 PARKLAND PLAZA </ street1 >

< city > Ann Arbor </ city >

< stateOrCountry > MI </ stateOrCountry >

< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48103-9508 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Michelle Herickhoff </ recipientName >

< recipientCRDNumber > 6388484 </ recipientCRDNumber >

< associatedBDName > Voya Financial Advisors </ associatedBDName >

< associatedBDCRDNumber > 2882 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 699 WALNUT STREET </ street1 >

< street2 > SUITE 1000 </ street2 >

< city > Des Moines </ city >

< stateOrCountry > IA </ stateOrCountry >

< stateOrCountryDescription > IOWA </ stateOrCountryDescription >

< zipCode > 50309 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > MN </ state >

< description > MINNESOTA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jeremy Willner </ recipientName >

< recipientCRDNumber > 2435220 </ recipientCRDNumber >

< associatedBDName > Voya Financial Advisors </ associatedBDName >

< associatedBDCRDNumber > 2882 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 699 WALNUT STREET </ street1 >

< street2 > SUITE 1000 </ street2 >

< city > Des Moines </ city >

< stateOrCountry > IA </ stateOrCountry >

< stateOrCountryDescription > IOWA </ stateOrCountryDescription >

< zipCode > 50309 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > MN </ state >

< description > MINNESOTA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Brian Hagen </ recipientName >

< recipientCRDNumber > 5189815 </ recipientCRDNumber >

< associatedBDName > D H Hill Securities </ associatedBDName >

< associatedBDCRDNumber > 41528 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1543 GREEN OAK PLACE </ street1 >

< street2 > suite 100 </ street2 >

< city > Kingwood </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 77339 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Justin Bachman </ recipientName >

< recipientCRDNumber > 6412695 </ recipientCRDNumber >

< associatedBDName > Capulent LLC </ associatedBDName >

< associatedBDCRDNumber > 155155 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4144 N 44TH STREET </ street1 >

< street2 > STE 3 </ street2 >

< city > Phoenix </ city >

< stateOrCountry > AZ </ stateOrCountry >

< stateOrCountryDescription > ARIZONA </ stateOrCountryDescription >

< zipCode > 85018 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > James Walesa </ recipientName >

< recipientCRDNumber > 1061209 </ recipientCRDNumber >

< associatedBDName > Triad Advisors, Inc. </ associatedBDName >

< associatedBDCRDNumber > 25803 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 5155 PEACHTREE PARKWAY </ street1 >

< street2 > SUITE 3220 </ street2 >

< city > Norcros </ city >

< stateOrCountry > GA </ stateOrCountry >

< stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >

< zipCode > 30092 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Frank Richardson </ recipientName >

< recipientCRDNumber > 721293 </ recipientCRDNumber >

< associatedBDName > Investacorp, Inc. </ associatedBDName >

< associatedBDCRDNumber > 7684 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4400 BISCAYNE BLVD </ street1 >

< street2 > 11th floor </ street2 >

< city > Miami </ city >

< stateOrCountry > FL </ stateOrCountry >

< stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >

< zipCode > 33137 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > David Dahill </ recipientName >

< recipientCRDNumber > 6581024 </ recipientCRDNumber >

< associatedBDName > WealthForge Securities LLC </ associatedBDName >

< associatedBDCRDNumber > 152550 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 6800 PARAGON PLACE </ street1 >

< street2 > suite 200 </ street2 >

< city > Richmond </ city >

< stateOrCountry > VA </ stateOrCountry >

< stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >

< zipCode > 23230 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Iaian Filippini </ recipientName >

< recipientCRDNumber > 4708877 </ recipientCRDNumber >

< associatedBDName > Silver Portal Capital LLC </ associatedBDName >

< associatedBDCRDNumber > 114290 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12265 EL CAMINO REAL </ street1 >

< street2 > suite 230 </ street2 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92130 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NV </ state >

< description > NEVADA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Robert Pecha </ recipientName >

< recipientCRDNumber > 5579770 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 19500 VICTOR PARKWAY </ street1 >

< street2 > SUITE 550 </ street2 >

< city > Livonia </ city >

< stateOrCountry > FL </ stateOrCountry >

< stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Craig Sickler </ recipientName >

< recipientCRDNumber > 4222992 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 MERIT DRIVE </ street1 >

< street2 > suite 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Douglas Bertke </ recipientName >

< recipientCRDNumber > 5446244 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 MERIT DRIVE </ street1 >

< street2 > suite 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > OH </ state >

< description > OHIO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Paul Manese </ recipientName >

< recipientCRDNumber > 4642565 </ recipientCRDNumber >

< associatedBDName > Emerson Equity LLC </ associatedBDName >

< associatedBDCRDNumber > 130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 155 BOVET ROAD, SUITE 725 </ street1 >

< city > SAN MATEO </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94402 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Davin Carey </ recipientName >

< recipientCRDNumber > 5413012 </ recipientCRDNumber >

< associatedBDName > H.D. Vest Investment Securities Inc </ associatedBDName >

< associatedBDCRDNumber > 13686 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 6333 NORTH STATE HIGHWAY 161 </ street1 >

< street2 > 4TH FLOOR </ street2 >

< city > Irving </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 75038-2200 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NV </ state >

< description > NEVADA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Bruce Wellings </ recipientName >

< recipientCRDNumber > 4436815 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 MERIT DRIVE </ street1 >

< street2 > SUITE 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Eric Scaff </ recipientName >

< recipientCRDNumber > 5281210 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 19500 VICTOR PARKWAY </ street1 >

< street2 > SUITE 550 </ street2 >

< city > Livonia </ city >

< stateOrCountry > MI </ stateOrCountry >

< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Peter Fisher </ recipientName >

< recipientCRDNumber > 1259923 </ recipientCRDNumber >

< associatedBDName > Investacorp, Inc. </ associatedBDName >

< associatedBDCRDNumber > 7684 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4400 BISCAYNE BLVD </ street1 >

< street2 > 11TH FLOOR </ street2 >

< city > Miami </ city >

< stateOrCountry > FL </ stateOrCountry >

< stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >

< zipCode > 33137 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IL </ state >

< description > ILLINOIS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Dirk Jacobs </ recipientName >

< recipientCRDNumber > 2209894 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12671 HIGH BLUFF DRIVE </ street1 >

< street2 > SUITE 200 </ street2 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92130 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > John Scully </ recipientName >

< recipientCRDNumber > 803539 </ recipientCRDNumber >

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< street1 > 2300 E. KATELLA AVENUE </ street1 >

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< zipCode > 92806 </ zipCode >

</ recipientAddress >

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< state > IL </ state >

< description > ILLINOIS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Dieter Thurow </ recipientName >

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< associatedBDName > NPB Financial Group, LLC </ associatedBDName >

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< street1 > 3500 W. OLIVE AVENUE </ street1 >

< street2 > THIRD FLOOR </ street2 >

< city > Burbank </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 91505 </ zipCode >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

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</ recipient >

- < recipient >

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< recipientCRDNumber > 2311640 </ recipientCRDNumber >

< associatedBDName > Mc Dermott Investment Services, LLC </ associatedBDName >

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< street1 > ONE WEST BROAD STREET </ street1 >

< street2 > 11TH FLOOR </ street2 >

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< state > VA </ state >

< description > VIRGINIA </ description >

</ statesOfSolicitationList >

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- < recipient >

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< recipientCRDNumber > 2084783 </ recipientCRDNumber >

< associatedBDName > Crown Capital Securities L.P. </ associatedBDName >

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< street1 > 725 TOWN & COUNTRY ROAD </ street1 >

< street2 > SUITE 530 </ street2 >

< city > Orange </ city >

< stateOrCountry > CA </ stateOrCountry >

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< zipCode > 92868 </ zipCode >

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< description > FLORIDA </ description >

</ statesOfSolicitationList >

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- < recipient >

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< associatedBDName > Commonwealth Financial Network </ associatedBDName >

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< city > WALTHAM </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

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< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< street1 > SANDLAPPER FINANCIAL CENTER </ street1 >

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< stateOrCountryDescription > SOUTH CAROLINA </ stateOrCountryDescription >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 4580411 </ recipientCRDNumber >

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< street1 > 5200 TOWN CENTER CIRCLE </ street1 >

< street2 > TOWER 1, SUITE 306 </ street2 >

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< stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >

< zipCode > 33486 </ zipCode >

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< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 3230611 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

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< street1 > 12750 MERIT DRIVE </ street1 >

< street2 > SUITE 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

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< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 1090913 </ recipientCRDNumber >

< associatedBDName > American Portfolios Financial Svcs </ associatedBDName >

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< street1 > 4250 VETERANS MEMORIAL HIGHWAY </ street1 >

< street2 > 4TH FLOOR EAST </ street2 >

< city > Holbrook </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 11741 </ zipCode >

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< state > NY </ state >

< description > NEW YORK </ description >

< state > FL </ state >

< description > FLORIDA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 5443986 </ recipientCRDNumber >

< associatedBDName > Mc Dermott Investment Services, LLC </ associatedBDName >

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< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 18018 </ zipCode >

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< state > IL </ state >

< description > ILLINOIS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 5653595 </ recipientCRDNumber >

< associatedBDName > Cetera Advisor Networks, LLC </ associatedBDName >

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< city > EL SEGUNDO </ city >

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< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90245-5672 </ zipCode >

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< state > MN </ state >

< description > MINNESOTA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 349146 </ recipientCRDNumber >

< associatedBDName > Polar Investment Counsel, Inc. </ associatedBDName >

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< city > THIEF RIVER FALLS </ city >

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< stateOrCountryDescription > MINNESOTA </ stateOrCountryDescription >

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< state > MN </ state >

< description > MINNESOTA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 114290 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

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< city > SAN DIEGO </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92130 </ zipCode >

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< description > WISCONSIN </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientCRDNumber > 4161289 </ recipientCRDNumber >

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< stateOrCountry > MI </ stateOrCountry >

< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< associatedBDName > DFPG Investments, Inc. </ associatedBDName >

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< city > Sandy </ city >

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< stateOrCountryDescription > UTAH </ stateOrCountryDescription >

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</ statesOfSolicitationList >

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</ recipient >

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< recipientCRDNumber > 4619759 </ recipientCRDNumber >

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< stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >

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< description > VIRGINIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 2500498 </ recipientCRDNumber >

< associatedBDName > H.D. Vest Investment Securites Inc </ associatedBDName >

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< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

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< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientCRDNumber > 2867265 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

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< city > Dallas </ city >

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< zipCode > 75251 </ zipCode >

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< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< description > IOWA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< city > Livonia </ city >

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< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

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< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

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</ recipient >

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< associatedBDName > Centaurus Financial, Inc. </ associatedBDName >

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< city > Anaheim </ city >

< stateOrCountry > CA </ stateOrCountry >

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< zipCode > 92806 </ zipCode >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

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</ recipient >

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< recipientCRDNumber > 5017914 </ recipientCRDNumber >

< associatedBDName > Peachtree Capital Corporation </ associatedBDName >

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< street2 > SUITE 700 </ street2 >

< city > Atlanta </ city >

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< stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >

< zipCode > 30305 </ zipCode >

</ recipientAddress >

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< state > AZ </ state >

< description > ARIZONA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientName > Rey Frimmersdorf </ recipientName >

< recipientCRDNumber > 214866 </ recipientCRDNumber >

< associatedBDName > Sandlapper Securities, LLC </ associatedBDName >

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< street1 > SANDLAPPER FINANCIAL CENTER </ street1 >

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< stateOrCountryDescription > SOUTH CAROLINA </ stateOrCountryDescription >

< zipCode > 29601 </ zipCode >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientName > Gary Hughes </ recipientName >

< recipientCRDNumber > 1700976 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

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< city > Livonia </ city >

< stateOrCountry > MI </ stateOrCountry >

< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Patrick Conway </ recipientName >

< recipientCRDNumber > 1337831 </ recipientCRDNumber >

< associatedBDName > Investacorp, Inc. </ associatedBDName >

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< zipCode > 33137 </ zipCode >

</ recipientAddress >

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< state > IL </ state >

< description > ILLINOIS </ description >

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< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

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< recipientCRDNumber > 2030953 </ recipientCRDNumber >

< associatedBDName > Summit Brokerage Services, Inc </ associatedBDName >

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< street2 > SUITE 500 </ street2 >

< city > BOCA RATON, </ city >

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< stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >

< zipCode > 33432 </ zipCode >

</ recipientAddress >

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< description > UTAH </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientCRDNumber > 2267643 </ recipientCRDNumber >

< associatedBDName > Royal Alliance Associates, Inc. </ associatedBDName >

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< street1 > 10 EXCHANGE PLACE </ street1 >

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< state > WI </ state >

< description > WISCONSIN </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientCRDNumber > 6275140 </ recipientCRDNumber >

< associatedBDName > WealthForge Securities LLC </ associatedBDName >

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< street2 > SUITE 200 </ street2 >

< city > Richmond </ city >

< stateOrCountry > VA </ stateOrCountry >

< stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >

< zipCode > 23230 </ zipCode >

</ recipientAddress >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientCRDNumber > 5034877 </ recipientCRDNumber >

< associatedBDName > Sagepoint Financial, Inc. </ associatedBDName >

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< street1 > 20 E THOMAS RD </ street1 >

< street2 > SUITE 2000 </ street2 >

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< stateOrCountryDescription > ARIZONA </ stateOrCountryDescription >

< zipCode > 85012 </ zipCode >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientCRDNumber > 2761324 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

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< street1 > 19500 VICTOR PARKWAY </ street1 >

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< zipCode > 48152 </ zipCode >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientCRDNumber > 6469999 </ recipientCRDNumber >

< associatedBDName > Lightpath Capital Inc. </ associatedBDName >

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< street1 > 1453 THIRD STREET PROMENADE </ street1 >

< street2 > SUITE 315 </ street2 >

< city > Los Angeles </ city >

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< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90401 </ zipCode >

</ recipientAddress >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

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</ recipient >

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< recipientCRDNumber > 2811801 </ recipientCRDNumber >

< associatedBDName > Lincoln Financial Advisors </ associatedBDName >

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< street1 > 1300 SOUTH CLINTON STREET </ street1 >

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< city > Fort Wayne </ city >

< stateOrCountry > IN </ stateOrCountry >

< stateOrCountryDescription > INDIANA </ stateOrCountryDescription >

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</ recipientAddress >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

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< recipientName > Rollance (Ron) Verkennis </ recipientName >

< recipientCRDNumber > 2766877 </ recipientCRDNumber >

< associatedBDName > Lincoln Financial Advisors </ associatedBDName >

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< street1 > 1300 SOUTH CLINTON STREET </ street1 >

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< city > Fort Wayne </ city >

< stateOrCountry > IN </ stateOrCountry >

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< zipCode > 46802 </ zipCode >

</ recipientAddress >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

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< recipientName > Robert Downing </ recipientName >

< recipientCRDNumber > 2620904 </ recipientCRDNumber >

< associatedBDName > H.D. Vest Investment Securites Inc </ associatedBDName >

< associatedBDCRDNumber > 13686 </ associatedBDCRDNumber >

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< street1 > 6333 NORTH STATE HIGHWAY 161 </ street1 >

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< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 75038-2200 </ zipCode >

</ recipientAddress >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

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</ recipient >

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< recipientCRDNumber > 4558359 </ recipientCRDNumber >

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< street1 > 19500 Victor Parkway </ street1 >

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< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

</ recipientAddress >

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< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Stuart Valentine </ recipientName >

< recipientCRDNumber > 1646981 </ recipientCRDNumber >

< associatedBDName > Vanderbilt Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 5953 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 125 Froehlich Farm Blvd </ street1 >

< city > Woodbury </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 11797 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NM </ state >

< description > NEW MEXICO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Peter Han </ recipientName >

< recipientCRDNumber > 4704497 </ recipientCRDNumber >

< associatedBDName > First Allied Securities Inc. </ associatedBDName >

< associatedBDCRDNumber > 32444 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 655 West Broadway </ street1 >

< street2 > 12th Floor </ street2 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92101 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Hannah Buschborn </ recipientName >

< recipientCRDNumber > 5752976 </ recipientCRDNumber >

< associatedBDName > Sagepoint Financial, Inc. </ associatedBDName >

< associatedBDCRDNumber > 133763 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 20 E THOMAS RD </ street1 >

< street2 > SUITE 2000 </ street2 >

< city > Phoenix </ city >

< stateOrCountry > AZ </ stateOrCountry >

< stateOrCountryDescription > ARIZONA </ stateOrCountryDescription >

< zipCode > 85012 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jennifer Wildman </ recipientName >

< recipientCRDNumber > 4973672 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 Merit Drive </ street1 >

< street2 > Suite 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

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< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Timothy J Sherer </ recipientName >

< recipientCRDNumber > 833618 </ recipientCRDNumber >

< associatedBDName > Sandlapper Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 137906 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > Sandlapper FInancial Center </ street1 >

< street2 > 800 E North Street, 2nd Floor </ street2 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< stateOrCountryDescription > SOUTH CAROLINA </ stateOrCountryDescription >

< zipCode > 29601 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Ryan Sherer </ recipientName >

< recipientCRDNumber > 5952617 </ recipientCRDNumber >

< associatedBDName > Sandlapper Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 137906 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > Sandlapper FInancial Center </ street1 >

< street2 > 800 E North Street, 2nd Floor </ street2 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< stateOrCountryDescription > SOUTH CAROLINA </ stateOrCountryDescription >

< zipCode > 29601 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Chris Boynton </ recipientName >

< recipientCRDNumber > 4265211 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 Merit Drive </ street1 >

< street2 > Suite 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Gerrin De Groot </ recipientName >

< recipientCRDNumber > 4817044 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 Merit Drive </ street1 >

< street2 > Suite 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Ralph Waller </ recipientName >

< recipientCRDNumber > 3196853 </ recipientCRDNumber >

< associatedBDName > Woodbury Financial Services, Inc. </ associatedBDName >

< associatedBDCRDNumber > 421 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 7755 3rd Street North </ street1 >

< city > Oakdale </ city >

< stateOrCountry > MN </ stateOrCountry >

< stateOrCountryDescription > MINNESOTA </ stateOrCountryDescription >

< zipCode > 55128 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > GA </ state >

< description > GEORGIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jonathan Keller </ recipientName >

< recipientCRDNumber > 4344114 </ recipientCRDNumber >

< associatedBDName > Sagepoint Financial, Inc. </ associatedBDName >

< associatedBDCRDNumber > 133763 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 20 E THOMAS RD </ street1 >

< street2 > Suite 2000 </ street2 >

< city > Phoenix </ city >

< stateOrCountry > AZ </ stateOrCountry >

< stateOrCountryDescription > ARIZONA </ stateOrCountryDescription >

< zipCode > 85012 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > FL </ state >

< description > FLORIDA </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jeffrey McKay </ recipientName >

< recipientCRDNumber > 818303 </ recipientCRDNumber >

< associatedBDName > Voya Financial Advisors </ associatedBDName >

< associatedBDCRDNumber > 2882 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 699 WALNUT STREET </ street1 >

< street2 > SUITE 1000 </ street2 >

< city > DES MOINES </ city >

< stateOrCountry > IA </ stateOrCountry >

< stateOrCountryDescription > IOWA </ stateOrCountryDescription >

< zipCode > 50309 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Eric Bicknese </ recipientName >

< recipientCRDNumber > 2829451 </ recipientCRDNumber >

< associatedBDName > Nationwide Planning Associates, Inc </ associatedBDName >

< associatedBDCRDNumber > 31029 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 115 WEST CENTURY ROAD </ street1 >

< street2 > SUITE 360 </ street2 >

< city > PARAMUS </ city >

< stateOrCountry > NJ </ stateOrCountry >

< stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >

< zipCode > 07652 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jeffrey Arburn </ recipientName >

< recipientCRDNumber > 1475817 </ recipientCRDNumber >

< associatedBDName > Woodbury Financial Services, Inc. </ associatedBDName >

< associatedBDCRDNumber > 421 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 7755 3RD STREET NORTH </ street1 >

< city > OAKDALE </ city >

< stateOrCountry > MN </ stateOrCountry >

< stateOrCountryDescription > MINNESOTA </ stateOrCountryDescription >

< zipCode > 55128 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Nathan Kuhn </ recipientName >

< recipientCRDNumber > 4624143 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 19500 VICTOR PARKWAY </ street1 >

< street2 > SUITE 550 </ street2 >

< city > Livonia </ city >

< stateOrCountry > MI </ stateOrCountry >

< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IL </ state >

< description > ILLINOIS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > James Westermeyer </ recipientName >

< recipientCRDNumber > 1983561 </ recipientCRDNumber >

< associatedBDName > Lincoln Financial Advisors </ associatedBDName >

< associatedBDCRDNumber > 3978 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1300 SOUTH CLINTON STREET </ street1 >

< street2 > SUITE 150 </ street2 >

< city > FORT WAYNE </ city >

< stateOrCountry > IN </ stateOrCountry >

< stateOrCountryDescription > INDIANA </ stateOrCountryDescription >

< zipCode > 46802 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > RCX Capital Group LLC </ recipientName >

< recipientCRDNumber > 114290 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12707 High Bluff Drive </ street1 >

< street2 > Suite 200 </ street2 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92130 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IL </ state >

< description > ILLINOIS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Daniel Loy </ recipientName >

< recipientCRDNumber > 3029654 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12707 High Bluff Drive </ street1 >

< street2 > Suite 200 </ street2 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92130 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Mark Coombe </ recipientName >

< recipientCRDNumber > 2733655 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 Merit Drive </ street1 >

< street2 > Suite 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Scott Park Inabnet </ recipientName >

< recipientCRDNumber > 4603481 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 Merit Drive </ street1 >

< street2 > Suite 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Brent Lee </ recipientName >

< recipientCRDNumber > 5436195 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 19500 Victor Parkway </ street1 >

< street2 > Suite 550 </ street2 >

< city > Livonia </ city >

< stateOrCountry > MI </ stateOrCountry >

< stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >

< zipCode > 48152 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > ND </ state >

< description > NORTH DAKOTA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Roger Van Pelt </ recipientName >

< recipientCRDNumber > 1742560 </ recipientCRDNumber >

< associatedBDName > Cetera Advisors, LLC </ associatedBDName >

< associatedBDCRDNumber > 10299 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4600 South Syracuse Street </ street1 >

< street2 > Suite 600 </ street2 >

< city > Denver </ city >

< stateOrCountry > CO </ stateOrCountry >

< stateOrCountryDescription > COLORADO </ stateOrCountryDescription >

< zipCode > 80237 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Adam Gallegos </ recipientName >

< recipientCRDNumber > 4444399 </ recipientCRDNumber >

< associatedBDName > Commonwealth Financial Network </ associatedBDName >

< associatedBDCRDNumber > 8032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 29 Sawyer Road </ street1 >

< city > Waltham </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 02453-3483 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Hiro Kaglyama </ recipientName >

< recipientCRDNumber > 5443419 </ recipientCRDNumber >

< associatedBDName > Commonwealth Financial Network </ associatedBDName >

< associatedBDCRDNumber > 8032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 29 Sawyer Road </ street1 >

< city > Waltham </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 02453-3483 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > John McKeon </ recipientName >

< recipientCRDNumber > 5286647 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12707 High Bluff Drive </ street1 >

< street2 > Suite 200 </ street2 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92130 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Mark Gillelen </ recipientName >

< recipientCRDNumber > 1868626 </ recipientCRDNumber >

< associatedBDName > First Allied Securities, Inc </ associatedBDName >

< associatedBDCRDNumber > 32444 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 655 West Broadway </ street1 >

< street2 > 12th Floor </ street2 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92101 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Benjamin Hill </ recipientName >

< recipientCRDNumber > 2983275 </ recipientCRDNumber >

< associatedBDName > Galt Financial Group, Inc </ associatedBDName >

< associatedBDCRDNumber > 146976 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2615 Townsgate Road </ street1 >

< city > West Lake Village </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 91361 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Michael Cullen </ recipientName >

< recipientCRDNumber > 1222982 </ recipientCRDNumber >

< associatedBDName > Sagepoint Financial, Inc </ associatedBDName >

< associatedBDCRDNumber > 133763 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 20 E Thomas Rd </ street1 >

< street2 > Suite 2000 </ street2 >

< city > Phoenix </ city >

< stateOrCountry > AZ </ stateOrCountry >

< stateOrCountryDescription > ARIZONA </ stateOrCountryDescription >

< zipCode > 85012 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Joel Knight </ recipientName >

< recipientCRDNumber > 1379212 </ recipientCRDNumber >

< associatedBDName > American Investors Co Lay Dba </ associatedBDName >

< associatedBDCRDNumber > 38 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2440 Camino Ramon </ street1 >

< street2 > Suite 103 </ street2 >

< city > San Ramon </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94583 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jared Sutton </ recipientName >

< recipientCRDNumber > 5600742 </ recipientCRDNumber >

< associatedBDName > Voya Financial Advisors </ associatedBDName >

< associatedBDCRDNumber > 2882 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 699 Walnut Street </ street1 >

< street2 > Suite 1000 </ street2 >

< city > Des Moines </ city >

< stateOrCountry > IA </ stateOrCountry >

< stateOrCountryDescription > IOWA </ stateOrCountryDescription >

< zipCode > 50309 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IA </ state >

< description > IOWA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Del Londono </ recipientName >

< recipientCRDNumber > 2695744 </ recipientCRDNumber >

< associatedBDName > Sagepoint Financial, Inc. </ associatedBDName >

< associatedBDCRDNumber > 133763 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 20 E THOMAS RD </ street1 >

< street2 > SUITE 2000 </ street2 >

< city > Phoenix </ city >

< stateOrCountry > AZ </ stateOrCountry >

< stateOrCountryDescription > ARIZONA </ stateOrCountryDescription >

< zipCode > 85012 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Bill Lucas </ recipientName >

< recipientCRDNumber > 2355061 </ recipientCRDNumber >

< associatedBDName > Cetera Advisors, LLC </ associatedBDName >

< associatedBDCRDNumber > 10299 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4600 South Syracuse Street </ street1 >

< street2 > Suite 600 </ street2 >

< city > Denver </ city >

< stateOrCountry > CO </ stateOrCountry >

< stateOrCountryDescription > COLORADO </ stateOrCountryDescription >

< zipCode > 80237 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > ID </ state >

< description > IDAHO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Duane Swanson </ recipientName >

< recipientCRDNumber > 1456892 </ recipientCRDNumber >

< associatedBDName > Voya Financial Advisors </ associatedBDName >

< associatedBDCRDNumber > 2882 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 699 WALNUT STREET </ street1 >

< street2 > SUITE 1000 </ street2 >

< city > DES MOINES </ city >

< stateOrCountry > IA </ stateOrCountry >

< stateOrCountryDescription > IOWA </ stateOrCountryDescription >

< zipCode > 50309 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WI </ state >

< description > WISCONSIN </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Brett Ohlen </ recipientName >

< recipientCRDNumber > 6406246 </ recipientCRDNumber >

< associatedBDName > H.D. Vest Investment Securites Inc </ associatedBDName >

< associatedBDCRDNumber > 13686 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 6333 NORTH STATE HIGHWAY 161 </ street1 >

< street2 > 4TH FLOOR </ street2 >

< city > Irving </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 75038-2200 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Larry Grayson </ recipientName >

< recipientCRDNumber > 6249430 </ recipientCRDNumber >

< associatedBDName > Center Street Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 26898 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2740 OLD ELM HILL PIKE </ street1 >

< street2 > SUITE 201 </ street2 >

< city > NASHVILLE </ city >

< stateOrCountry > TN </ stateOrCountry >

< stateOrCountryDescription > TENNESSEE </ stateOrCountryDescription >

< zipCode > 37214 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > KY </ state >

< description > KENTUCKY </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Orest Baransky </ recipientName >

< recipientCRDNumber > 2808117 </ recipientCRDNumber >

< associatedBDName > Royal Alliance Associates, Inc. </ associatedBDName >

< associatedBDCRDNumber > 23131 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 10 EXCHANGE PLACE </ street1 >

< street2 > SUITE 1410 </ street2 >

< city > JERSEY CITY </ city >

< stateOrCountry > NJ </ stateOrCountry >

< stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >

< zipCode > 07302 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > FL </ state >

< description > FLORIDA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Neil Mc Auliffe </ recipientName >

< recipientCRDNumber > 1787693 </ recipientCRDNumber >

< associatedBDName > Crown Capital Securities L.P. </ associatedBDName >

< associatedBDCRDNumber > 6312 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 725 TOWN & COUNTRY ROAD </ street1 >

< street2 > SUITE 530 </ street2 >

< city > ORANGE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92868 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Christina Orta </ recipientName >

< recipientCRDNumber > 3278327 </ recipientCRDNumber >

< associatedBDName > Securities America Inc. </ associatedBDName >

< associatedBDCRDNumber > 10205 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12325 PORT GRACE BLVD. </ street1 >

< city > LAVISTA </ city >

< stateOrCountry > NE </ stateOrCountry >

< stateOrCountryDescription > NEBRASKA </ stateOrCountryDescription >

< zipCode > 68128 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jeffrey Ross </ recipientName >

< recipientCRDNumber > 3119644 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 MERIT DRIVE </ street1 >

< street2 > SUITE 1200 </ street2 >

< city > DALLAS </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Duncan Eng </ recipientName >

< recipientCRDNumber > 2536048 </ recipientCRDNumber >

< associatedBDName > Lincoln Financial Advisors </ associatedBDName >

< associatedBDCRDNumber > 3978 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1300 SOUTH CLINTON STREET </ street1 >

< street2 > SUITE 150 </ street2 >

< city > FORT WAYNE </ city >

< stateOrCountry > IN </ stateOrCountry >

< stateOrCountryDescription > INDIANA </ stateOrCountryDescription >

< zipCode > 46802 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Gene Alvin Brehm </ recipientName >

< recipientCRDNumber > 2815437 </ recipientCRDNumber >

< associatedBDName > Saxony Securities </ associatedBDName >

< associatedBDCRDNumber > 115547 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 7401 WATSON ROAD </ street1 >

< street2 > SUITE 86 </ street2 >

< city > ST. LOUIS </ city >

< stateOrCountry > MO </ stateOrCountry >

< stateOrCountryDescription > MISSOURI </ stateOrCountryDescription >

< zipCode > 63119 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Joseph Kovar </ recipientName >

< recipientCRDNumber > 4244710 </ recipientCRDNumber >

< associatedBDName > 1st Global Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12750 MERIT DRIVE </ street1 >

< street2 > SUITE 1200 </ street2 >

< city > Dallas </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75251 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jay Hovis </ recipientName >

< recipientCRDNumber > 6647870 </ recipientCRDNumber >

< associatedBDName > Sagepoint Financial, Inc. </ associatedBDName >

< associatedBDCRDNumber > 133763 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 20 E THOMAS RD </ street1 >

< street2 > SUITE 2000 </ street2 >

< city > Phoenix </ city >

< stateOrCountry > AZ </ stateOrCountry >

< stateOrCountryDescription > ARIZONA </ stateOrCountryDescription >

< zipCode > 85012 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

< over100RecipientFlag > true </ over100RecipientFlag >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 91625622 </ totalOfferingAmount >

< totalAmountSold > 91580456 </ totalAmountSold >

< totalRemaining > 45166 </ totalRemaining >

< clarificationOfResponse > Regarding Item 11, the Issuer may accept smaller investments in the Sponsor's sole discretion. </ clarificationOfResponse >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 188 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 7218424 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Sales Commissions include estimates of the maximum amount of Selling Commissions, Dealer Fees and Placement Agent Fee that may be paid to one or more Related Persons. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 4590850 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ grossProceedsUsed >

< clarificationOfResponse > Item 16 is an estimate of acquisition fees, reimbursements for certain acquisition and financing costs and offering and organizational expenses that may accrue to one or more Related Persons. </ clarificationOfResponse >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Colorado Multifamily Portfolio III DST </ issuerName >

< signatureName > /s/ Keith D. Lampi </ signatureName >

< nameOfSigner > Keith D. Lampi </ nameOfSigner >

< signatureTitle > President of Member of Signatory Trustee of the Issuer </ signatureTitle >

< signatureDate > 2018-06-05 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >