*You have the option to pay for financial services with commissions on each transaction made in your account or through an all-inclusive quarterly fee. And, you may change your method of payment at any time. The payment structure appropriate for you depends on your level of trading activity and overall investment objectives. Talk to a Piper Jaffray financial advisor about your options.

The Premier account is a brokerage account and not an advisory account. The interests of Piper Jaffray may not always be the same as yours. Please ask us questions to make sure you understand your rights and our obligations to you, including the extent of our obligations to disclose conflicts of interest and to act in your best interest. We are paid both by you and, sometimes, by people who compensate us based on what you buy. Therefore, our profits, and our financial advisors' compensation, may vary by product and over time.

Please contact the Piper Jaffray Client Information Center with any questions you may have or to discusst he differences between brokerage and advisory accounts at 800 747-3924 from 8 a.m. to 5 p.m. CT, Monday through Friday.