Securities and investment advisory services offered through AXA Advisors, LLC (212-314-4600), member FINRA/SIPC.  Annuity and insurance products offered through AXA Network, LLC and its insurance agency subsidiaries.  AXA Network, LLC does business in California as AXA Network Insurance Agency of California, LLC and, in Utah, as AXA Network Insurance Agency of Utah, LLC.  AXA Advisors and its affiliates do not provide tax or legal advice.  Individuals may transact business and/or respond to inquiries only in state(s) in which they are properly registered and/or licensed.  The information in this web site is not investment or securities advice and does not constitute an offer. Retirement Planning Specialist title is awarded by AXA Advisors, based upon receipt of a Certificate in Retirement Planning from the Wharton School, University of Pennsylvania. Dergalis Associates is not owned or operated by AXA Advisors or AXA Network. Putnam Investments is not an affiliate or subsidiary of AXA Advisors, LLC or its affiliates. PPG-47969 (5/09)