Description of Services and Fees SAFS, LLC dba Snavely Associates Financial Services, is a registered investment adviser based in Lemoyne, Pennsylvania. We are organized as a domestic limited liability company under the laws of the Commonwealth of Pennsylvania. We are owned by Jack Emerson Snavely II and Shawna Nale. Jack Emerson Snavely II has been engaged in the financial services industry since 1991. We have been operating as a registered investment adviser since 2007. Our firm uses financial planning, asset allocation, and investment portfolio management principles to guide clients toward achieving their investment goals. Through use of experience, research, and personal client contact we seek to provide quality advisory services to our clients.
The following paragraphs describe our services and fees. Please refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to Snavely Associates Financial Services and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
Portfolio Management Services We offer non-discretionary portfolio management services to our clients and prospective clients. Investment advice is tailored to meet our clients' needs and investment objectives. If you retain our firm for portfolio management services, we will meet with you to determine your investment objectives, risk tolerance, and other relevant information (the "suitability information") at the beginning of the advisory relationship. We will use the suitability information we gather from the initial meeting to develop a strategy that enables our firm to give you continuous and focused investment advice and/or to make investments on your behalf. As part of our portfolio management services, we may customize an investment portfolio for you in accordance with your risk tolerance and investing objectives. Once we construct an investment portfolio for you, we will monitor your portfolio's performance on an ongoing basis, and will rebalance the portfolio as required by changes in market conditions and in your financial circumstances.
If you enter into non-discretionary arrangements with our firm, we must obtain your approval prior to executing any transactions on behalf of your account.
Our fee is based on a flat percentage of up to a maximum of 1.50% of the market value of your assets under our management, depending on individual client circumstances. The annual portfolio management fee is billed and payable quarterly in advance based on the value of your account on the last day of the prior quarter.
If the portfolio management agreement is executed at any time other than the first day of a calendar quarter, the fees will apply on a pro rata basis, which means that the advisory fee is payable in proportion to the number of days in the quarter for which you are a client. Our advisory fee is negotiable, depending on individual client circumstances.
At our discretion, we may combine the account values of family members living in the same household to determine the applicable advisory fee. For example, we may combine account values for you and your minor children, joint accounts with your spouse, and other types of related accounts. Combining account values may increase the asset total, which may result in your paying a reduced advisory fee based on the available breakpoints in our fee schedule stated above.
We will deduct our fee directly from your account through the qualified custodian holding your funds and securities. We will deduct our advisory fee only when the following requirements are met: 4

•You provide us with written authorization permitting the fees to be paid directly from your account held by the qualified custodian.

•The qualified custodian agrees to send you a statement, at least quarterly, indicating all amounts dispersed from your account including the amount of the advisory fee paid directly to our firm.
When a copy of the ADV Part 2 Disclosure Brochure is not provided to you at least 48 hours prior to signing the portfolio management agreement, you have five business days in which to cancel the portfolio management agreement, without penalty. You may terminate the portfolio management agreement upon 30 days' written notice to us. You will incur a pro rata charge for services rendered prior to the termination of the portfolio management agreement, which means you will incur advisory fees only in proportion to the number of days in the quarter for which you are a client. If you have pre- paid advisory fees that we have not yet earned, you will receive a prorated refund of those fees.
Our firm encourages you to reconcile our invoices with the statement(s) you receive from the qualified custodian. If you find any inconsistent information between the invoice and the statement(s) you receive from the qualified custodian please call our main office number located on the cover page of this brochure.
Types of Investments We offer advice on stocks, ETFs, mutual funds, bonds, and CDs with a brokerage account held at Pershing LLC. Additionally, we may also make recommendations to buy or sell products such as fixed indexed annuities, variable annuities and alternative investments held directly with the offering sponsors.
You may request that we refrain from investing in particular securities or certain types of securities. You must provide these restrictions to our firm in writing.
IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest. 5 We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.
Assets Under Management As of January 13, 2023, we provide continuous management services for $112,952,918 in client assets on a non-discretionary basis.