It is with a great sense of pride and gratitude that we announce Watt Carmichael will be celebrating its 50th anniversary in April 2021. As we reflect on how fortunate we have been to work with so many wonderful individuals, families and institutions over the past five decades, we are also acutely aware that this is a rare benchmark for independent firms such as ours in this dynamic and highly competitive industry. We owe our longevity and success to you, our valued clients. Thank you for your trust and confidence. Together, we look forward to celebrating many more decades to come.