Description of the Firm Burgess Investment Management and Research Inc. (“the Firm”) provides discretionary investment advisory services primarily to individuals and their related entities (trusts, corporations, and individual pension plans). Clients hold accounts in their or their related entity’s name at a qualified independent custodian and grant Burgess Investment Management and Research Inc. discretionary authority to manage the investments in the account. Burgess Investment Management and Research Inc. charges each client a fee monthly or quarterly as agreed with the client and in arrears (after the service has been provided) based upon a percentage of the value of the assets in the client’s account (“management fee”). The Firm’s fee structure is described in the Fees and Compensation section of this brochure (Item 5 below). These management fees are the sole source of revenue for the Firm. The Firm will not accept commissions or other fees related to any investments that it selects to purchase for clients, and the Firm will not pay fees to third parties to refer clients to the Firm (a.k.a. “referral fees”). The Firm is incorporated in Toronto, Canada and began operations on June 18, 2018. The principal owner of the Firm is Gregory W. Burgess, who is President and Chief Compliance Officer of the Firm. Types of Advisory Services Burgess Investment Management and Research Inc. develops a specific portfolio strategy for each client based on a core portfolio that is consistent with the client’s investment objective and is suitable for the client given his or her financial circumstances and aversion toward risk. Core Portfolios Based on Investment Objective Investment Objective Core Asset(s) of the Portfolio Long-Term Growth High Quality Domestic Stocks Balanced (Income and Growth) High Quality Domestic Stocks, Preferred Stocks, and Bonds Income High Quality Domestic Preferred Stocks and Bonds Capital Preservation High Quality Money Market Securities The Firm utilizes its research (fundamental and quantitative) that covers a broad array of asset classes (domestic and international stocks, domestic and international bonds and preferred stocks, and money market securities) to identify a long-term portfolio strategy (mix of asset classes) for the client that seeks to enhance the tradeoff between risk and potential

return. The objective of the process is to identify an asset mix that the Firm believes is a better alternative than holding just the core asset(s) of the portfolio. Clients may also impose investment restrictions on the portfolio. The Firm utilizes index funds (open-end mutual funds and Exchange Traded Funds), individual stocks, preferred stocks, bonds, money market securities, and occasionally, closed-end funds, to implement its strategies. The Firm seeks to identify investments that can be held for long periods, usually greater than five years (with the exception of short-term bonds and money market securities) when making investment selections. The Firm does not seek to earn returns for investors through trading securities and market timing activities. There are costs related to buying and selling these investments (brokerage costs), which clients pay directly from their accounts. In addition to brokerage costs, there are additional fees and expenses related to management of index funds and closed-end funds the Firm buys and sells for its clients, these expenses can include fees paid to the manager of the fund and costs to maintain and service the fund. These costs generally tend to be low with respect to index funds and higher with respect to closed-end funds. The Firm is very sensitive to these costs and seeks to minimize them in the best interests of clients. The Firm will discuss these additional costs with the client at the time the portfolio strategy is designed and can provide a summary of these costs with respect to a client’s portfolio upon request. In summary, the Firm strives to provide investment advisory services at a reasonable cost to individuals and their related entities that enable each client to hold a sound, customized portfolio that is in accordance with an investment objective that both the client and the Firm agree is appropriate given the client’s financial circumstances, preferences, and objectives. Current Assets Under Management The Firm commenced operations on June 18, 2018. As of December 31, 2023, the Firm had $132.5 million of assets under management, of which $130.3 million were discretionary assets. You may request a current summary of assets under management from the Firm at any time by calling or writing using the numbers and addresses provided on the cover of this Brochure.