The Woodward Financial Group Incorporated, a Registered Investment Advisor, is currently registered in the states of California, Colorado and Florida. These web pages should not be construed as an offer to solicit securities or advisory services in any other state. The Woodward Financial Group Incorporated specializes in the fee-based design, implementation and management of investment, retirement and estate plans. We may only provide our fee-based professional advice in the states in which we are registered, e.g. if you live in New York, and you request fee-based professional services from our firm, our firm would need to register as an investment advisor in New York before providing those services. The Woodward Financial Group Incorporated refers to its services as "WEALTH MANAGEMENT."

Woodward & Woodward Financial Services Incorporated, organized for the conduct of any legitimate business, is inactive.

Almai International Incorporated is organized for the sale of non-securities financial products and services.

The Woodward Communications Group is organized to conduct various communications activities, including production of "The Money Corner™ ", a financial talk radio show, publication of a quarterly newsletter, various writings and public speaking.

TWC Management Co., Inc. is organized to act as a corporate trustee.

Each Woodward Corporation is a separate Corporation, or in the case of The Woodward Communications Group, a sole proprietorship, organized for the conduct of a specific business purpose. The Woodward Corporations are not "affiliated" with each other as the terms "affiliated" or "affiliated person" are defined in the bylaws and/or Rules of Fair Practice promulgated by the National Association of Securities Dealers. The Woodward Financial Group Incorporated Client Representatives, in addition to being fee-based investment advisors, are registered representatives licensed through Associated Securities Corporation, Los Angeles, California, a National Association of Securities Dealers broker/dealer, and life, health and accident insurance agents licensed by the state of Colorado (and from time to time, other states), and in these capacities may sell investment and financial services products. Securities offered through Associated Securities Corp., Member NASD/SIPC.

The Woodward Financial Group Incorporated Registered Investment Advisor disclosure statement, Part II, Form ADV is provided to clients of the firm. Others may, upon written request, obtain Part II, Form ADV form the California, Colorado or Florida Securities Commission.

© Copyright The Woodward Corporation 2005. All rights reserved.