Item 5 – Additional Compensation…………………………………………………………........24 Shope Advisors Group 5 Item 6 – Supervision……………………………………………………………………………..24 Item 7 – Arbitration Claims…………………………...……………………………………........24 Item 8 – Self-Regulatory Organization and Administrative Proceedings……………………….24 Item 9 – Bankruptcy Petition…………………………………………………………………….24 Form ADV Part 2B Brochure Supplement Stephen C. Shope Item 1 – Brochure Supplement Cover Page……………………………………………………...25 Item 2 – Educational Background and Business Experience……………………………….........26 Education and Business Experience……………..……………………………………..26 Professional Certifications…………………..………………………………………….26 Stephen C. Shope…….…………………………………...…………………………….27 Item 3 – Disciplinary Information………………………………………………………….........27 Item 5 – Additional Compensation…………………………………………………………........28 Item 6 – Supervision……………………………………………………………………………..28 Item 7 – Arbitration Claims…………………………...……………………………………........28 Item 8 – Self-Regulatory Organization and Administrative Proceedings……………………….28 Item 9 – Bankruptcy Petition…………………………………………………………………….28 Shope Advisors Group 6 Firm Description Shope Advisors Group, hereinafter referred to as SAG, Advisor or Firm, was founded in 2007 and is a wholly owned subsidiary of Shope Financial Planning, Inc., hereinafter referred to as SFP. SAG provides personalized, confidential financial planning and investment management to the following groups which includes, but is not limited to: individuals, pension and profit-sharing plans, trusts, estates, charitable organizations and small businesses. Advice is provided through consultation with the client and may include: determination of financial objectives, identification of financial problems, cash flow management, investment management, education funding, retirement planning, and tax and estate planning information. SFP is in the business of selling primarily mutual funds and exchange traded funds, but can also sell stocks, bonds, annuities, insurance, or other commissioned products. SFP may receive some economic benefit (including commissions, equipment or non-research services) from a non-client in connection with giving advice to clients. SAG directly compensates clients for client referrals as described in the “Client Referrals and Other Compensation” section of this report. Investment advice is an integral part of financial planning. In addition, SAG advises clients regarding cash flow, college planning, retirement planning and provides information on tax planning and estate planning. Investment advice is provided by SAG, but the client makes the final decision on investment selection. SAG does not act as a custodian of client assets. The assets to be managed by SAG will be held in a custodial account established by the client with National Financial Services, LLC, 200 Liberty Street, NY, NY 10281. An evaluation of each client's initial situation is provided to the client, often in the form of a Personal Financial Planning report. Periodic reviews are also communicated to provide reminders of the specific courses of action that need to be taken. More frequent reviews occur but are not necessarily communicated to the client unless immediate changes are recommended. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) are engaged directly by the client on an as-needed basis. Conflicts of interest will be disclosed to the client in the unlikely event they should occur. The initial meeting, which may be by telephone, is free of charge and is considered an exploratory interview to determine the extent to which financial planning and investment management may be beneficial to the client. Principal Owners James R. Shope III, CFP® is a 50% stockholder of Shope Financial Planning, Inc. and Shope Advisors Group. Stephen C. Shope, Financial Consultant is a 50% stockholder of Shope Financial Planning, Inc. and Shope Advisors Group. __________________________________________________________________ Types of Advisory Services SAG provides investment supervisory services, also known as asset management services; furnishes investment advice through consultations; and prepares charts, graphs, formulas, or other devices which clients may use to evaluate securities. On more than an occasional basis, SAG furnishes information to clients on matters not involving securities, such as financial planning matters, taxation issues, and trust Shope Advisors Group 7 informational in nature and the client is asked to consult with an attorney or accountant for official advice in these areas. SAG does not provide a market timing service. SAG’s philosophy is centered on creating a diversified and balanced portfolio. SAG maintains a view of the markets that ranges from medium to long term in scope. Therefore, we expect substantial fluctuations in portfolio values in the course of our business relationships. Your initial balance between equities, fixed income, and cash is determined upon the completion and review of your financial plan. We do not expect clients to “jump” in and out of the market during “normal” market fluctuations. However, if your financial circumstances do change, we will offer to update your financial plan which may indicate a change in your portfolio balance between equities, fixed income, and cash. If you are on a periodic distribution plan, we may call you in the event of extreme market conditions to suggest you liquidate some securities in order to have cash available for a period of time. As of December 31, 2022, SAG manages approximately 44.6 million dollars in assets for approximately 81 clients, all managed on a non-discretionary basis. Tailored Relationships The goals and objectives for each client

are documented in our client contact management system. Financial Plans are created that reflect the stated goals and objectives. To a very limited extent, clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without client consent. Types of Agreements The following agreements define the typical SAG client engagements: Financial Advice Agreement Financial advice is an entry level of service where we will have one to two meetings to help you understand your current financial situation and give you one-time advice to guide you as to how we think you can best meet your goals and objectives. You will be required to implement changes and monitor your financial situation in the future. The financial plan may include, but is not limited to: a net worth statement; a cash flow statement; a review of investment accounts, including reviewing asset allocation and providing repositioning recommendations; strategic tax planning; a review of retirement accounts and plans including recommendations; a review of insurance policies and recommendations for changes, if necessary; one or more retirement scenarios; estate planning review and recommendations; and education planning with funding recommendations. Detailed investment advice and specific recommendations are provided as part of this financial advice. Implementation of the recommendations is at the discretion of the client. Shope Advisors Group 8 Since financial advice planning is a discovery process, situations occur wherein the client is unaware of certain financial exposures or predicaments. SAG recommends that the client contact our office when they discover material changes in their financial position which differs from the information initially provided to SAG. Additional fees may apply as this information was not disclosed at the time of the initial engagement. After delivery of a financial advice plan, future face-to-face meetings may be scheduled as necessary for an additional fee. Financial Planning Through Our Advisory Service Agreement Most clients choose to have SAG manage their assets in order to obtain ongoing in- depth advice and life-long planning. All aspects of the client’s financial affairs are offered to be reviewed. Realistic and measurable goals are set and objectives to reach those goals are defined. As goals and objectives change over time, suggestions are made and implemented on an ongoing basis. The scope of work and fee for an Advisory Service Agreement is provided to the client in writing prior to the start of the relationship. An Advisory Service Agreement includes: cash flow management; investment management (including performance reporting); education planning; retirement planning. Also provide information on estate planning; and tax preparation, as well as the implementation of recommendations within each area. The annual Advisory Service Agreement fee is based on a percentage of the market value of all assets in the Account according to the following schedule: Less than $100,000 1.15% annually of assets under management $100,000 to $499,999 0.90% annually of assets under management $500,000 to $999,999 0.81% annually of assets under management $1,000,000 and over 0.73% annually of assets under management The “assets under management” figure is calculated by adding up the entire account value of all of the client’s accounts in which an investment management agreement has been signed. If a client only has one advisory account, then the full value of that account will be used in the calculation. The minimum annual fee is $287.50 and is not negotiable. Current client relationships may exist where the fees are higher or lower than the fee schedule above. Although the Advisory Service Agreement is an ongoing agreement and constant adjustments are required, the length of service to the client is at the client’s discretion. The client or the investment manager may terminate an Agreement, during business hours, by verbal consent or by written request. Written requests must include an original signature and be dated. Retainer Agreement Not applicable to the scope of our business relationships. Shope Advisors Group 9 Tax Preparation Agreement Tax preparation work is not included in the Advisory Service Agreement or Retainer Agreement scope of work. Clients are responsible for preparing and filing all tax documents. Hourly Planning Engagements See “Consulting Fees” under Item 5 – Fees and Compensation section of this document. Asset Management Assets may be invested primarily in institutional, no-load, or load waived mutual funds and exchange-traded funds (ETFs), usually through brokerage firms or fund companies. Fund companies charge fund shareholders internal expenses that are disclosed in the fund prospectus. Brokerage firms, such as Leigh Baldwin & Co. LLC, may charge a transaction fee for the purchase of funds. Investments may also include, but are not limited to: equities (stocks), rights and warrants, corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (variable life insurance, variable annuities, and mutual funds shares), U. S. government securities, options contracts, futures contracts, and interests in partnerships. Initial public offerings (IPOs) are generally not available through SAG. _______________________________________________________________________ Termination of Agreements A Client may terminate any of the aforementioned agreements at any time by notifying SAG verbally or by mail. We do not accept e-mail, text messaging, nor voice mail as a means of terminating an advisory relationship. If the client made an advance payment, SAG will refund any unearned portion of the advance payment (see details in Fee Billing section below).