Each third-party award, ranking, rating or recognition bestowed is based upon various, unique criteria and methodologies. Awards listings, rankings and/or recognition published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized advisor. Sage Advisory Services, Ltd. Co. (Sage) never pays a fee for inclusion in any such list. These awards listings, rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Sage is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Sage by any of its clients.