A. Firm Description Principally owned by Richard J. Carlesco Jr., Christopher R. Avery and Timothy E. Evans, IBN Financial Services, Inc. (“IBNFNSR”) has been in business since June, 2002. “IBNFNSR” is a division of IBN Financial Services, Inc. (“IBNBD”) a Financial Industry Regulatory Authority “FINRA”, is affiliated with IBN Advisory Services, Inc. and has several Investment Advisors. IBN Financial Services, Inc. is a New York Corporation with its principal office located at 404 Old Liverpool Rd., Liverpool, NY 13088., but maintains regional offices throughout the United States. “IBNFNSR” provides financial planning and asset management services. Depending upon the individual professional or investment team working with the client, “IBNFNSR” may also provide assistance with household finances, debt management or other matters on a consistent basis. Most asset management will be performed through allocations to one or more investment strategies offered by IBN Financial Services, Inc., IBN Advisory Services, Inc. or as a referral to another Registered Investment Advisor firm. We provide these advisory services through numerous investment teams, each of which with their own advisory focus, driven primarily by the types of clients they service. Each investment team that comprises “IBNFNSR” may also use a trade name so long as it is disclosed that they are registered representatives of IBN Financial Services, Inc. Financial Planning, Assistance and Education In most cases, the client will supply a “IBNFNSR” representative with information including income, investments, savings, insurance, age, and many other items that are helpful to the firm in assessing financial goals. The information is typically provided during personal interviews and supplemented with written information. Once the information is received, we will discuss your financial needs and goals with you and compare your current financial situation with the goals you state. Once these are compared, we will create a financial and/or investment plan to help you meet your goals, and work with you to educate you about household finances and investments. In some cases, upon request, we will assist in the management of finances, though no “IBNFNSR” representative will take responsibility for actual payment of client’s personal bills. The plan is intended to be a suggested blueprint of how to meet your goals. Not every plan will be the same for every client. Each one is specific to the client who requested it. Because the plan is based on information supplied by you, it is very important that you accurately and completely communicate to us the information we need. Also, your circumstances and needs may change as your engagement with us progresses. It is very important that you continually update us with any changes so that if the updates require changes to your plan, we can make those changes. Otherwise, your plan may no longer be accurate. Asset Management Asset management services involve the rendering of advice to clients regarding the purchase and sale of securities in the client’s account. “IBNFNSR” does not have a specified minimum account size. Some clients who wish to access multiple asset management styles, specifically third-party

managers, may be required to have an account minimum. Asset management services may be provided on either a “discretionary” or “non-discretionary” basis. When “IBNFNSR” is engaged to provide asset management services on a discretionary basis, “IBNFNSR” will monitor the accounts to ensure that they are meeting the client’s asset allocation requirements. If any changes are needed, “IBNFNSR” will make the changes. These changes may involve selling a security or group of investments and buying others or keeping the proceeds in cash. Clients may at any time place restrictions on the way their account is managed. For example, a client may restrict the types of investments IBN FSR may use in the client’s account, or the allocations to a security type. Clients engaging “IBNFNSR” on a discretionary basis will be asked to execute an Investment Management Agreement that outlines the responsibilities of both the client and “IBNFNSR”. When a client engages “IBNFNSR” to provide investment management services on a non- discretionary basis, we monitor the accounts in the same way as for discretionary services. The difference is that changes to the account will not be made until “IBNFNSR” has confirmed with the client (either verbally or in writing) that the proposed change is acceptable to the client. When clients engage “IBNFNSR” to provide asset management services, the client and “IBNFNSR” will execute an Investment Management Agreement that describes the services to be provided, the fees for the service, other expenses related to the provision of the investment management services, and how to terminate the agreement. Financial Consulting “IBNFNSR” may provide financial consulting services (including investment and non-investment related matters, including estate planning, retirement planning, tax planning, etc.). Prior to engaging “IBNFNSR” to provide planning or consulting services, clients are generally required to enter into a written agreement with “IBNFNSR” setting forth the terms and conditions of the engagement (including termination), describing the scope of the services to be provided, and the portion of the fee that is due from the client prior to “IBNFNSR” commencing services. Wrap Fee Programs IBNFNSR does not participate in and is not a sponsor of wrap fee programs. Wrap Fee Programs are arrangements between broker-dealers, investment advisers, banks and other financial institutions and affiliated and unaffiliated investment advisers through which the clients of such firms receive discretionary investment advisory, execution, clearing and custodial services in a “bundled” form. In exchange for these “bundled” services, the clients pay an all- inclusive (or “wrap”) fee determined as a percentage of the assets held in the wrap account. B. Assets Under Management When calculating regulatory assets under management, an Investment Adviser must include the value of any advisory account over which it exercises continuous and regular advisory or management services. As of December 31, 2023, “IBNFNSR” reports $163,061,036 in client assets on a discretionary basis and $0.00 on a non-discretionary basis.