HMVWA is owned by the accounting firm Heard, McElroy & Vestal, LLC and has been providing advisory services since 2018. As of June 30, 2023, HMVWA managed $117,921,465 on a discretionary basis. HMV also advised on $28,680,358 of participant- directed retirement plan assets. Investment Management Services: HMVWA manages investment portfolios for individuals, trusts, charitable organizations, businesses and qualified retirement plans. HMVWA will work with a client to determine the client's investment objectives and investor risk profile and will design a written investment policy statement. HMVWA uses investment and portfolio allocation software to evaluate alternative portfolio designs. HMVWA evaluates the client's existing investments with respect to the client's investment policy statement. HMVWA works with new clients to develop a plan to transition from the client's existing portfolio to the portfolio recommended by HMVWA. HMVWA will then continuously monitor the client's portfolio holdings and the overall asset allocation strategy and hold review meetings with the client regarding the account as necessary. HMVWA will typically create a portfolio of no-load, passively managed mutual funds and Exchange Traded Funds (ETFs), and, where appropriate, individual fixed income securities, and may use model portfolios if the models match the client's investment policy. HMVWA will allocate a client's assets among various investments taking into consideration the client’s unique ability, need and willingness to take risk. Mutual funds that follow a passive and/or evidence-based investment philosophy generally have low holdings turnover. Consequently, the fund expenses are generally lower than fees and expenses charged by other types of funds. Client portfolios may also include some individual equity securities in situations where disposition of these securities would present an overriding tax implication, or the client specifically requests they be retained for a personal reason. These situations will be specifically identified in the client’s Investment Policy Statement (IPS). HMVWA manages mutual fund and equity portfolios on a discretionary or non- discretionary basis according to the investment policy selected by the client. A client may impose any reasonable restrictions on HMVWA’s discretionary authority, including restrictions on the types of securities in which HMVWA may invest client’s assets and on specific securities, which the client may believe to be appropriate. Use of Third-Party Sub-Advisers: HMVWA has retained Buckingham Strategic Partners, LLC (“BSP)” to act as a sub-advisor for certain client accounts. BSP shall provide various model asset allocation portfolios (each a “Portfolio”, collectively “Portfolios”) for selection by HMVWA. Each Portfolio strives to achieve long-term risk and return objectives through diversification among multiple asset classes using investment options available to BSP, which may include, but is not limited to, mutual funds and/or exchange traded funds from Dimensional Fund Advisors LP, Bridgeway Capital Management, Inc., AQR Capital Management, LLC, The Vanguard Group, Inc., Stoneridge Asset Management, LLC or other providers selected by BSP. Each Portfolio is designed to meet a particular investment goal which HMVWA has determined is suitable based on the client's circumstances. Once the appropriate Portfolio(s) has been determined, the Portfolio will continuously be managed based on the portfolio’s goal and BSP will have the discretionary authority to manage the Portfolio(s), including periodically rebalancing. However, HMVWA, on behalf of its client, will have the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Should material life events occur, clients should immediately contact HMVWA to determine if changes to an account and the allocation of the assets held in the account are necessary. HMVWA

may also recommend fixed income portfolios to investment management clients, which consist of managed accounts of individual bonds. HMVWA will request discretionary authority from investment management clients to manage fixed income portfolios, including the discretion to retain a third-party fixed income manager. HMVWA will prepare a Fixed Income Investment Policy Statement for any client qualifying for separate fixed income portfolio services. Pursuant to its discretionary authority, HMVWA will retain a fixed income securities manager. For client portfolios managed on a non-discretionary basis, client should be aware that the authority for HMVWA to retain a fixed income manager is provided in the signed advisory agreement and is provided on a discretionary basis. The fixed income securities manager will be provided with the discretionary authority to invest client assets in fixed income securities consistent with the client’s Fixed Income Investment Policy Statement. The fixed income manager will also monitor the account for changes in credit ratings, security call provisions, and tax loss harvesting opportunities (to the extent that the manager is provided with cost basis information). The fixed income manager will obtain HMVWA’s consent prior to the sale of any client securities. On an ongoing basis, HMVWA will answer clients’ inquiries regarding their accounts and review periodically with clients the performance of their accounts. HMVWA will periodically, and at least annually, review clients’ investment policy, risk profile and discuss the re-balancing of each client's accounts to the extent appropriate. HMVWA will provide to investment manager any updated client financial information or account restrictions necessary for investment manager to provide sub-advisory services. In addition to managing the client’s investment portfolio, HMVWA may consult with clients on various financial areas including income and estate tax planning, business sale structures, college financial planning, retirement planning, insurance analysis, personal cash flow analysis, establishment and design of retirement plans and trust designs, among other things. HMVWA does not participate in or sponsor any wrap fee programs. Employee Benefit Retirement Plan Services: HMVWA also provides advisory services to participant-directed employee retirement benefit plans through third party administration services, which are online bundled service providers offering an opportunity for plan sponsors to provide their participants with daily account access, valuation, and investment education. HMVWA will analyze the plan's current investment platform and assist the plan in creating an investment policy statement defining the types of investments to be offered and the restrictions that may be imposed. HMVWA will recommend investment options to achieve the plan's objectives, provide participant education meetings, and monitor the performance of the plan's investment vehicles. HMVWA will recommend changes in the plan's investment vehicles as may be appropriate from time to time. HMVWA generally will review the plan's investment vehicles and investment policy as necessary. For certain retirement plans, HMVWA also works in coordination and support with Buckingham Strategic Partners. Retirement plan clients will engage both HMVWA and Buckingham Strategic Partners. Buckingham Strategic Partners will provide to the client additional discretionary investment management services and will exercise discretionary authority to select the plan investments made available to the plans’ participants by selecting and maintaining the plans’ investments according to the goals and investment objectives of the plan. HMVWA will continue to work with plans to monitor plan investments, provide fiduciary plan advice including regular considerations of the goals and objectives of the plan, and provide participant education services to the plan.