COVID-19 Updates and Information To our valued clients:Needless to say, we are experiencing a difficult situation in global markets due to thespread of COVID-19 (coronavirus). We have had numerous conversations over the pastfew years about market volatility and the end of the bull market. Although we did notknow when or why either would happen, we understood it was inevitable. Our financialplanning and investment management decisions were designed and followed to accountfor these types of instances.Our first concern is how the current market affects client plans. As we work through thisfinancial downturn, we continue to monitor each plan and focus on the long-termprospect of the plan given the long-term nature of investing.It is fairly common for stocks to enter bear market territory, defined as a cumulative dropof 20% or more. Furthermore, market drops are often more fueled by the fears of arecession rather than a recession itself. While there are certainly concerns that are erodinginvestor confidence, we should not lose sight of potential positive catalysts andcountervailing forces to an otherwise nervous market. First and foremost, when stockprices fall significantly, markets are not only pricing in bad news, but also providing anattractive entry point for long-term investors. Second, markets have built in “shockabsorbers,” since short-term negative news can lead to longer-term positive outcomes.For example, lower oil prices will eventually result in lower gas costs and more money inthe pockets of consumers.In times like these, our natural inclination can be to sell. But we know this difficultenvironment—while scary for all of us—is temporary. History has taught us that rampantvolatility creates opportunities—we experienced this in 2008, 2011, 2016, and mostrecently, in December 2018. When market prices disconnect from underlyingfundamentals, invariably the best decision for long term investors has been to stay thecourse.Envisioning positive news at this time can be difficult, however there will beopportunities created. From lower valuations on attractive assets, to lower costs forconsumer products and a pent-up consumer demand for spending along with moresavings available from reductions in spending over this period, we believe we may lookback at this as a unique opportunity. You may recall it was hard to see green shoots in2008, when few could envision the emergence of a positive market coming out of thefinancial crisis. Those who sell in a market storm rarely notice when the storm clouds Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through New England Capital Planners,Inc., a registered investment advisor and separate entity from LPL Financialbegin to lift. And, as investors, missing those stock market rebounds is perhaps thebiggest risk to achieving our long-term goals.We don’t know exactly when this market will find a bottom and reverse course. Marketsare facing a crisis of confidence. But, our confidence in the long-term fundamentals andprospects for the US economy and corporate America is unwavering. We will get throughthis. We believe that patience will be rewarded.In addition to the financial impact, this event has all of us focused on the safety andhealth of our families, friends, and clients. Please note we’ve taken steps to minimizeany potential impact to our clients and to maximize our efforts to keep our team andclients safe.We want to assure all of you that we have a Business Continuity Plan in place tominimize any possible disruption to our firm and our ability to service our clients. We areprepared to continue the high level of service you expect from us.We love seeing all of you in the office, however we understand if under the currentcircumstances, you would prefer to have any upcoming appointments conducted over thephone instead. Please just let us know.If you have any questions or concerns, please do not hesitate to reach out.We wish everyone good health as we all work to get through this challenging time.Sincerely,Tony DiSorboThe CARES Act Key Components OverviewThe CARES Act Small Business AssistanceImportant Information This material is for general information only and is not intended to provide specific advice or recommendations for anyindividual. There is no assurance that the views or strategies discussed are suitable for all investors or will yieldpositive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth maynot develop as predicted and are subject to change.References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes areunmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of theperformance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced ishistorical and is no guarantee of future results.All data is provided as of March 21, 2020.This Research material was prepared by LPL Financial, LLC and NECP, Inc. All information is believed to be fromreliable sources; however, LPL Financial and NECP, Inc. make no representation as to its completeness or accuracy.