Terms and Conditions

Using the Lowry Research, a CFRA Business affiliated websites means you accept these terms of use.



Subscriptions must be entered in the name of an individual. Subscriber agrees, subject to immediate termination of service, not to disseminate or furnish to others, including associates, branch offices or affiliates, information contained on any of the Lowry Research, a CFRA Business affiliated websites, or in any reports issued by Lowry Research, a CFRA Business, without consent. All quotations and reproduction are strictly prohibited without consent.

We reserve the right to modify, terminate, or otherwise amend our offered subscription plans and applicable fees.


The works of authorship contained in the websites of Lowry Research, a CFRA Business, in the domains www.lowryresearch.com, lm.lowryresearch.com, and www.lowryondemand.com are protected under copyright laws. All design, images, text, charts, statistics or other data compilations or collective works are owned by Lowry Research, a CFRA Business, and may not be copied, reproduced, transmitted, displayed, altered, distributed, rented, sublicensed, stored for subsequent use or otherwise used in whole or in part in any manner for any public or commercial purpose. Any use of these materials on any other website or networked computer environment for any purpose is prohibited without the prior written consent of Lowry Research, a CFRA Business. The Copyright Act imposes liability of up to $150,000 per violation for such infringement.


Lowry onDemand, LM Reports, and Lowry Global are trademarks of Lowry Research, a CFRA Business and, as such, are proprietary.


Lowry Research, a CFRA Business is the sole owner of the information collected on its websites. We will not share, sell, or rent this information to others. We take our responsibility to protect the privacy and confidentiality of the personal information of any client or visitor to our sites very seriously. We maintain physical, electronic and procedural safeguards, including encryption, that comply with applicable legal standards to store and secure such information from unauthorized access and use. Our policies and procedures have been developed to protect the confidentiality of client information and to help achieve compliance with relevant rules and regulations. We limit the collection, use and retention of client information to what we reasonably believe will help us to deliver the highest quality of service, to administer our business, to manage our risks, to market our services and products, and to meet applicable laws and regulations.

We may use the collected information in the following ways:

To enable us to validate, verify, and process subscriptions and to send you products or information.

To allow us to personalize the content that you and others see based on the preferences that you choose.

To enhance existing features of our websites, or to develop new features, products and services.

To enable us to contact you if we have trouble processing your order.

It is possible that, from time to time, we may enter into agreements with other companies, such as accountants, banks, or credit card processing companies, to provide services to us. Under these agreements, the companies may see information about clients, but they must safeguard this information and they may only use it for those purposes that we specify. In addition, we may disclose and use personally identifiable information in special circumstances where it is necessary to enforce our Terms of Use (for example, data contracts and intellectual property rights). We may also disclose personal information when the law requires us to do so.

We collect IP addresses and website usage information from you when you visit our websites. This information helps us evaluate how our visitors and clients use and navigate our websites on an aggregate basis, including the number and frequency of visitors and clients to each Web page, and the length of their visits.

Our websites use cookie technology to help visitors and subscribers move more quickly through our websites. A cookie is a small message written in your browser. The message stores information so that our sites immediately recognize you each time you visit. This permits us to personalize our sites for each client, to allow access to the secure parts of the sites, and to provide clients with up-to-date information about their account. Your browser only permits our websites to access the cookies that our computer has sent to you, not the cookies sent to you by other websites.


If you are dissatisfied with our products or services, and you paid for your subscription on an annual basis, you may request a cancellation of your subscription service at any time. Your subscription will be cancelled upon receipt of your request, and a refund of the unused portion of your subscription, less an administrative fee of $150, will be credited to the credit card used to purchase your subscription or will be refunded by check. The unused portion of cancelled subscriptions purchased on a quarterly or monthly basis are not eligible for refund.

You may cancel your subscription and/or recurring billing in one of three ways. You may visit the My Account Page on our websites or email us at lowryadmin@cfraresearch.com and notify us that you wish to cancel.


The information and analysis found in our websites has been prepared without consideration of the investment objectives or financial situation of any particular investor. Therefore, investors are hereby advised to not act on any recommendation (express or implied) or information in our websites without obtaining specific advice from the financial advisors of their choosing, and should not rely on information contained on our sites as the primary basis for their investment decisions. Past performance is not necessarily a guide to future performance. No charts, graphs, formulae, theories or methods of securities analysis can guarantee profitable results.

The information contained in our websites is based on data obtained from recognized statistical services believed to be reliable. However, such information has not been verified by Lowry Research, a CFRA Business. Lowry Research, a CFRA Business makes no representations or warranties or takes any responsibility for the accuracy or completeness of any information contained in our websites. Clients are advised to promptly communicate with us for verification of any item that seems questionable or incorrect before acting thereon. All opinions expressed on our websites are subject to change without notice, and you should always obtain current information and perform due diligence before investing.

Lowry Research, a CFRA Business accepts no liability whatsoever whether in contract, in tort, for negligence, or otherwise for any direct or consequential loss of any kind arising out of the use of our websites or their contents or of the recipient relying on any such information (except insofar as statutory liability cannot be excluded).

Neither the information nor any opinion expressed in our websites shall constitute an offer to sell or a solicitation or an offer to buy any securities or commodities mentioned in our websites. This document does not purport to be a complete description of the securities or commodities, market or developments to which reference is made. The securities mentioned in our websites may not be suitable for all types of investors; their value and the income they produce may fluctuate and/or be adversely affected by news, corporate announcements, exchange rates, interest rates or other factors.

Lowry Research, a CFRA Business, accounts that Lowry Research, a CFRA Business or affiliated companies manage, or their respective shareholders, directors, officers and/or employees, may have long or short positions in the securities discussed in our websites and may purchase or sell such securities without notice.

Lowry Research, a CFRA Business may revise these Terms at any time by updating this posting. You should visit this page from time to time to review the then-current Terms because they are binding on you. Certain provisions of these Terms may be superseded by expressly designated legal notices or terms located on particular pages in our websites.

Automatic Recurring Billing Agreement (If Applicable)

For subscriptions with Automatic Recurring Billing, payment data will be encrypted and stored on a secured 3rd Party server that is PCI compliant. You will be charged roughly 10 days before your subscription ends. Subscription billing will continue until cancelled by the subscriber. If you would like to cancel recurring billing you may do so by visiting the My Account Page on our websites, emailing us at lowryadmin@cfraresearch.com and notify us that you wish to cancel.

Subscription fees are subject to change. In the event of a change in any subscription fee, a notice regarding the subscription fee change will be posted at the My Account Page on our websites and you will be sent an email prior to the effective date of the fee change.


You must cancel your subscription before it renews in order to avoid billing of the next period's subscription fees to your credit card. Subscriptions cancelled after the credit card has been billed are subject to our cancellation policies.