Farris Capital Management is an investment adviser registered with the Securities Exchange Commission and is a corporation formed under the laws of the State of Texas.
•Justin Farris is the Chief Compliance Officer (CCO) and Managing Member of Farris Capital Management. Justin Farris owns 100.00% of Farris Capital Management. Full details of the education and business background of Justin Farris are provided at Item 19 of this Disclosure Brochure.

•Farris Capital Management filed its initial application to become registered as an investment adviser with the U.S. Securities Exchange Commission in February 2022, which was accepted on March 8, 2022.
Introduction The investment advisory services of Farris Capital Management are provided to you through an appropriately licensed and qualified individual who is an investment adviser representative of Farris Capital Management (referred to as your investment adviser representative throughout this brochure). Description of Advisory Services The following are descriptions of the primary advisory services of Farris Capital Management. Please understand that a written agreement, which details the exact terms of the service, must be signed by you and Farris Capital Management before we can provide you the services described below. Financial Planning & Consulting Services Farris Capital Management offers financial planning services, which involve preparing a written financial plan covering specific or multiple topics. We provide full written financial plans, which typically address the following topics: Investment Planning; Retirement Planning; Insurance Planning; Tax Planning; Education Planning; and Asset Allocation. When providing financial planning and consulting services, the role of your investment adviser representative is to find ways to help you understand your overall financial situation and help you set financial objectives. Written financial plans prepared by us do not include specific recommendations of individual securities. We also offer consultations in order to discuss financial planning issues when you do not need a written financial plan. We offer “as-needed” consultations, which are limited to consultations in response to a particular investment or financial planning issue raised or request made by you. Under an “as-needed” consultation, it will be incumbent upon you to identify those particular issues for which you are seeking our advice or consultation on. Our financial planning and consulting services do not involve implementing any transaction on your behalf or the active and ongoing monitoring or management of your investments or accounts. You have the sole responsibility for determining whether to implement our financial planning and consulting recommendations. To the extent that you would like to implement any of our investment recommendations through Farris Capital Management or retain Farris Capital Management to actively monitor and manage your investments, you must execute our written agreement with Farris Capital Management for our asset management services. Farris Capital Management Inc. Page 6 Form ADV Part 2A Disclosure Brochure Asset Management Services via Schwab Institutional Intelligent Portfolios Platform or Zoe Wealth Platform via Apex Clearing Corporation We offer automated investment programs through the Zoe Wealth Platform via Apex Clearing Corporation and by Charles Schwab & Co Inc., which clients are invested in a range of model investment strategies we have constructed and manage, each consisting of a portfolio of exchange-traded funds, stocks, or mutual funds and a cash allocation. The client’s portfolio is held in a brokerage account opened by the client at Charles Schwab & Co., Inc. (“CS&Co”) or Apex Clearing Corporation. We use the Institutional Intelligent Portfolios® platform, offered by Schwab Performance Technologies (“SPT”), a software provider to independent investment advisors and an affiliate of CS&Co., or Zoe Wealth Platform to operate these programs. We are independent of and not owned by, affiliated with, or sponsored or supervised by SPT, CS&Co., Zoe Financial, or their affiliates. We are the client’s investment advisor and primary point of contact with respect to these programs. We are responsible for determining the appropriateness of the program for the client, choosing a suitable investment strategy and portfolio for the client’s investment needs and goals, and managing that portfolio on an ongoing basis. We have contracted with SPT and Zoe Financial to provide us with these platforms, which consists of technology and related trading and account management services for the programs. These offerings enable us to make these programs available to clients online and includes a system that automates certain key parts of our investment process. Based on information the client provides to us, we will recommend a portfolio model that is built via these wealth platforms. The web platforms also include an automated investment engine through which we manage the client’s portfolio on an ongoing basis through automatic rebalancing and tax-loss harvesting (if the client is eligible and we elect to do so). Clients do not pay brokerage commissions or any other fees to CS&Co. as part of their Program. Schwab does receive other revenues, including (i) the profit earned by the cash position in Charles Schwab Bank, SSB, a Schwab affiliate, on the allocation to the Schwab Intelligent Portfolios Sweep Program described in the Schwab Intelligent Portfolios Sweep Program Disclosure Statement; (ii) investment advisory and/or administrative service fees (or unitary fees) received by Charles Schwab Investment Management, Inc., a Schwab affiliate, from Schwab ETFs™ Schwab Funds® and Laudus Funds® that we select to buy and hold in the client’s brokerage account; (iii) fees received by Schwab from mutual funds in the Schwab Mutual Fund Marketplace® (including certain Schwab Funds and Laudus Funds) in the client’s brokerage account for services Schwab provides; and (iv) remuneration Schwab receives from the market centers where it routes ETF trade orders for execution. Clients do not pay brokerage commissions to Zoe Financial or Apex however platform fees are paid to Zoe Financial/Apex depending on assets under management which are included in each client's fee schedule and potential remuneration paid to Apex from market centers where it routes trade orders for execution as part of their program.
Asset Management Services via Fidelity Institutional Wealth Services Platform, or Charles Schwab & Co., Inc. Farris Capital Management offers asset management services on the Fidelity Institutional Wealth Services Platform or Charles Schwab & Co., Inc., which involves Farris Capital Management providing you with continuous and ongoing supervision over your specified accounts. You must appoint our firm as your investment adviser of record on specified accounts (collectively, the “Account”) on Charles Schwab and Co., Inc. or the Fidelity Institutional Wealth Services Platform. The Account consists only of separate account(s) held by Charles Schwab and Co., Inc, National Financial Services, LLC or Fidelity Brokerage Services, LLC, which are qualified custodians under your name. The qualified custodians maintain physical custody of all funds and securities of the Account, and you retain all rights of ownership (e.g., right to withdraw securities or cash, exercise or delegate proxy voting and receive transaction confirmations) of the Account. Farris Capital Management Inc. Page 7 Form ADV Part 2A Disclosure Brochure The Account is managed by us based on your financial situation, investment objectives and risk tolerance. We actively monitor the Account and provide advice regarding buying, selling, reinvesting or holding securities, cash or other investments of the Account. We will need to obtain certain information from you to determine your financial situation and investment objectives. You will be responsible for notifying us of any updates regarding your financial situation, risk tolerance or investment objective and whether you wish to impose or modify existing investment restrictions; however, we will contact you at least annually to discuss any changes or updates regarding your financial situation, risk tolerance or investment objectives. We are always reasonably available to consult with you relative to the status of your Account. You have the ability to impose reasonable restrictions on the management of your accounts, including the ability to instruct us not to purchase

certain securities. It is important that you understand that we manage investments for other clients and can give them advice or take actions for them or for our personal accounts that is different from the advice we provide to you or actions taken for you. We are not obligated to buy, sell or recommend to you any security or other investment that we can buy, sell or recommend for any other clients or for our own accounts. Conflicts can arise in the allocation of investment opportunities among accounts that we manage. We strive to allocate investment opportunities believed to be appropriate for your account(s) and other accounts advised by our firm among such accounts equitably and consistent with the best interests of all accounts involved. However, there can be no assurance that a particular investment opportunity that comes to our attention will be allocated in any particular manner. If we obtain material, non-public information about a security or its issuer that we may not lawfully use or disclose, we have absolutely no obligation to disclose the information to any client or use it for any client’s benefit. Retirement Plan Rollover Recommendations When Farris Capital provides investment advice about your retirement plan account or individual retirement account (“IRA”) including whether to maintain investments and/or proceeds in the retirement plan account, roll over such investment/proceeds from the retirement plan account to a IRA or make a distribution from the retirement plan account, we acknowledge that Farris Capital is a “fiduciary” within the meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (“IRC”) as applicable, which are laws governing retirement accounts. The way Farris Capital makes money creates conflicts with your interests so Farris Capital operates under a special rule that requires Farris Capital to act in your best interest and not put our interest ahead of you. Under this special rule’s provisions, Farris Capital must act as a fiduciary to a retirement plan account or IRA under ERISA/IRC:
•Meet a professional standard of care when making investment recommendations (e.g., give prudent advice);
•Never put the financial interests of Farris Capital ahead of you when making recommendations (e.g., give loyal advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that Farris Capital gives advice that is in your best interest;
•Charge no more than is reasonable for the services of Farris Capital; and
•Give Client basic information about conflicts of interest Page 8 Form ADV Part 2A Disclosure Brochure To the extent we recommend you roll over your account from a current retirement plan account to an individual retirement account managed by Farris Capital, please know that Farris Capital and our investment adviser representatives have a conflict of interest. We can earn increased investment advisory fees by recommending that you roll over your account at the retirement plan to an IRA managed by Farris Capital. We will earn fewer investment advisory fees if you do not roll over the funds in the retirement plan to an IRA managed by Farris Capital. Thus, our investment adviser representatives have an economic incentive to recommend a rollover of funds from a retirement plan to an IRA which is a conflict of interest because our recommendation that you open an IRA account to be managed by our firm can be based on our economic incentive and not based exclusively on whether or not moving the IRA to our management program is in your overall best interest. We have taken steps to manage this conflict of interest. We have adopted an impartial conduct standard whereby our investment adviser representatives will (i) provide investment advice to a retirement plan participant regarding a rollover of funds from the retirement plan in accordance with the fiduciary status described below, (ii) not recommend investments which result in Farris Capital receiving unreasonable compensation related to the rollover of funds from the retirement plan to an IRA, and (iii) fully disclose compensation received by Farris Capital and our supervised persons and any material conflicts of interest related to recommending the rollover of funds from the retirement plan to an IRA and refrain from making any materially misleading statements regarding such rollover. When providing advice to your regarding a retirement plan account or IRA, our investment advisor representatives will act with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims, based on the investment objectives, risk, tolerance, financial circumstances, and a client’s needs, without regard to the financial or other interests of Farris Capital or our affiliated personnel. Participation in Wrap Fee Programs (Asset Management Services) Farris Capital Management does not sponsor or manage a wrap fee program. Newsletters Farris Capital Management occasionally prepares general, educational and informational newsletters. Newsletters are always offered on an impersonal basis and do not focus on the needs of a specific individual. Seminars Farris Capital Management will occasionally provide seminars in areas such as financial planning, retirement planning, estate planning, college planning and charitable planning. Seminars are always offered on an impersonal basis and do not focus on the individual needs of participants. Farris Capital Management Inc. Page 9 Form ADV Part 2A Disclosure Brochure Workshops Farris Capital Management can offer educational, informative and motivational workshops to the public as well as to associations, family foundations and employers. Workshops are always offered on an impersonal basis and do not focus on the individual needs of the participants. Limits Advice to Certain Types of Investments Farris Capital Management provides investment advice on the following types of investments:
•Mutual Funds
•Exchange-listed Securities
•Securities Traded Over-the-Counter
•Warrants
•Corporate Debt Securities
•Municipal Securities
•Variable Annuities
•Variable Life Insurance
•US Government Securities
•Options Contracts on Securities
•Interests in Partnerships Investing in Real Estate
•Interests in Partnerships Investing in Oil and Gas Interests Although we generally provide advice only on the products previously listed, we reserve the right to offer advice on any investment product that may be suitable for each client’s specific circumstances, needs, goals and objectives. It is not our typical investment strategy to attempt to time the market, but we may increase cash holdings modestly as deemed appropriate based on your risk tolerance and our expectations of market behavior. We may modify our investment strategy to accommodate special situations such as low basis stock, stock options, legacy holdings, inheritances, closely held businesses, collectibles, or special tax situations. (Please refer to Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss for more information.) Tailored Advisory Services to Individual Needs of Clients Farris Capital Management’s advisory services are always provided based on your individual needs. This means, for example, that when we provide asset management services, you are given the ability to impose restrictions on the accounts we manage for you, including specific investment selections and sectors. We work with you on a one-on-one basis through interviews and questionnaires to determine your investment objectives and suitability information. Our financial planning and consulting services are always provided based on your individual needs. When providing financial planning and consulting services, we work with you on a one-on-one basis through interviews and questionnaires to determine your investment objectives and suitability information. We will not enter into an investment adviser relationship with a prospective client whose investment objectives are considered incompatible with our investment philosophy or strategies or where the prospective client seeks to impose unduly restrictive investment guidelines. Page 10 Form ADV Part 2A Disclosure Brochure Client Assets Managed by Farris Capital Management The amount of client assests managed by Farris Capital Management totaled $102,845,018 as of December 31, 2022, with $100,961,325 managed on a discretionary basis and $1,883,963 managed on a non-discretionary basis.