Lake Street Financial, LLC. (“Lake Street” or “Adviser”) is an SEC Registered Investment Adviser located in Chicago, Illinois. It is owned by Justin M. Terzo and Joseph D. Stock. Lake Street was registered as an SEC Adviser in the spring of 2018. Wealth Management Services Generally Lake Street provides discretionary investment management services, non-discretionary assets under advisement services, ERISA co-fiduciary 3(21) investment advisor services and financial planning and consulting to individuals, high net worth individuals, business entities, defined contribution plans, defined benefit plans, trusts, estates, charitable organizations and private foundations. Prior to engaging Lake Street to provide any of the foregoing investment advisory services, the client will be required to enter into one or more written agreements with Lake Street for the terms and conditions under which it shall render its services (collectively the "Agreement"). Likewise, Lake Street will use certain investment tools to determine the clients’ risk parameters, time horizon and investment objectives. These include in person meetings, a risk profile, client questionnaire and other documentation. Lake Street’s clients are advised to properly notify the firm if there are ever any changes in their financial situation or investment objectives or if they wish to impose any reasonable restrictions upon the Adviser's management services. The client may make additions to and withdrawals from the account at any time, subject to Lake Street’s right to terminate an account. Clients may withdraw account assets on notice to Lake Street, subject to the usual and customary securities settlement procedures. However, Lake Street generally designs its portfolios as long-term investments and assets withdrawals may impair the achievement of a client's investment objectives. Additions may be in cash or securities provided that Lake Street reserves the right to liquidate any transferred securities or decline to accept particular securities into a client's account. The Advisor may consult with its clients about the options and ramifications of transferring securities. However, clients are advised that when transferred securities are liquidated, they are subject to transaction fees, fees assessed at the mutual fund level (i.e., contingent deferred sales charge) and/or tax ramifications. Neither Lake Street nor the client may assign the Agreement without the consent of the other party. Transactions that do not result in a change of actual control or management of the Adviser shall not be considered an assignment. Lake Street or client may terminate the advisory agreement upon 30 days written notice to the other party. ADV Part 2A – Firm Brochure 5 Lake Street offers many services through its network of Investment Advisory Representatives (“Advisory Representatives” or “IARs”). IARs may conduct advisory services under a trade name (i.e., “Doing Business As” or “DBA “) or other corporate structure that is held out to the public for marketing purposes. Lake Street does not have any ownership interest in the IAR’s trade name or other corporate structure. IARs of Lake Street set the annual advisory fee charged to the client which cannot exceed the advisory fee listed in Item 5 of this Brochure. While not the primary focus of their business, Advisory Representatives of Lake Street may also be Registered Representatives of Purshe Kaplan Sterling Investments, Inc., an unaffiliated broker/dealer firm and Member FINRA and SIPC and may be licensed insurance representatives. Discretionary Investment Management Services Lake Street offers advice primarily on individual equities, fixed income, mutual funds, closed- end funds, exchange-traded funds, structured notes, and alternative private funds.

However, the Adviser intends to primarily allocate its client's investment management assets, on a discretionary basis among individual equities, exchange traded funds, individual debt securities, and mutual funds in accordance with the investment objectives of the client. Lake Street may only implement its investment management recommendations after the client has arranged for and furnished the Adviser with all information and authorization regarding accounts with appropriate financial institutions. Financial institutions shall include but are not limited to Raymond James & Associates, Inc. (“Raymond James”), Charles Schwab & Co., Inc. (“Schwab”), any broker-dealer recommended by Lake Street, any broker-dealer directed by the client, trust companies, and banks (collectively referred to herein as the "Financial Institution(s)"). Advisement Services (Non-Discretionary) Lake Street also will review and make recommendations for assets that are housed outside of the Adviser’s selected custodian and are not under its discretionary management. Typically, these are 401(k) assets and corporate stock option plans. This service is provided on a non- discretionary basis and Lake Street will not execute the trades based on its recommendations. Lake Street will review a client’s portfolio at least quarterly and make recommendations for the purchase or sale of securities. ERISA Co-Fiduciary 3(21) Investment Advisor Services Lake Street may also act as an ERISA co-fiduciary 3(21) investment advisor. Lake Street will enter into a contract with the ERISA Plan or Plan Sponsor/Trustee to provide investment menu recommendations to the Plan, and the employer retains the discretion to accept or reject the advice. Lake Street will review the investment options quarterly and to ensure the menu is in accordance with the Investment Policy Statement (IPS). Lake Street will not have discretionary authority to execute its recommendations for the Plan. ADV Part 2A – Firm Brochure 6 Financial Planning & Consulting Services Lake Street provides financial consulting on a range of matters for clients. These services include analysis and recommendations relating to cash flow, projected income taxes, estate objectives, education funding, investment portfolio evaluation, long term health care planning, retirement planning, tax planning, and insurance provisions and needs. Once Lake Street completes this analysis, a representative from the firm meets with the client and finalizes a financial plan where different financial and/or estate planning and investment strategies are discussed. The client is provided with a summary in regard to the firm’s analysis and recommendations. When a specific strategy is decided upon, the implementation of that strategy begins and is reviewed, monitored, and updated by meetings, telephone calls and correspondence. Not all clients engage Lake Street for every service described. Other Services Lake Street provides a service of offering investments in private funds to those clients for whom it believes the offering may be suitable. Lake Street will establish general parameters of risk tolerance, liquidity, and asset allocation to determine suitability. In general, Lake Street will only recommend these investments to clients who meet the SEC definition of an “accredited investor” and/or “qualified client”, pursuant to the specifics of each individual private offering. Participation in Wrap Fee Programs Lake Street does not offer or sponsor a wrap fee program. Assets Under Management As of December 31, 2022, Lake Street had approximately $796,367,733 in client assets under management. As of that date, Lake Street managed $755,333,515 on a discretionary basis and $41,034218 on a non-discretionary basis.