Item 5 - Additional Compensation .......................................................................................................................... 17 Item 6 - Supervision ..................................................................................................................................................... 17 Jeffry S Cole II .................................................................................................................................................................. 19 Item 2 - Educational Background and Business Experience ....................................................................... 19 Item 3 - Disciplinary Information ........................................................................................................................... 20 Item 5 - Additional Compensation .......................................................................................................................... 21 Item 6 - Supervision ..................................................................................................................................................... 21 Principal Executive Officer – Leonard P Cole ..................................................................................................... 23 Item 2 - Educational Background and Business Experience ....................................................................... 23 Item 3 - Disciplinary Information ........................................................................................................................... 25 Item 5 - Additional Compensation .......................................................................................................................... 26 Item 6 - Supervision ..................................................................................................................................................... 26 David P Leonhart ........................................................................................................................................................... 28 Item 2 - Educational Background and Business Experience ....................................................................... 28 Item 3 - Disciplinary Information ........................................................................................................................... 28 Item 5 - Additional Compensation .......................................................................................................................... 29 Item 6 - Supervision ..................................................................................................................................................... 29 Dustin P Watts ................................................................................................................................................................ 31 Item 2 - Educational Background and Business Experience ....................................................................... 31 Item 3 - Disciplinary Information ........................................................................................................................... 32 Item 5 - Additional Compensation .......................................................................................................................... 33 Item 6 - Supervision ..................................................................................................................................................... 33 Brian Owen ....................................................................................................................................................................... 35 Item 2 - Educational Background and Business Experience ....................................................................... 35 Item 3 - Disciplinary Information ........................................................................................................................... 35 Item 5 - Additional Compensation .......................................................................................................................... 36 Item 6 - Supervision ..................................................................................................................................................... 36 Firm Description Team Financial Group, LLC dba Team Wealth & Tax Advisors (“TWTA”) was founded in 2013 and became registered offering advisory services in 2020. TWTA offers financial planning and wealth management solutions to its clients and actively works with them in monitoring their plans. Jeffry S. Cole and Leonard P. Cole are Co-Owners. Types of Advisory Services ASSET MANAGEMENT TWTA offers discretionary asset management services to advisory Clients. TWTA will offer Clients ongoing asset management services through determining individual investment goals, time horizons, objectives, and risk tolerance. Investment strategies, investment selection, asset allocation, portfolio monitoring and the overall investment program will be based on the above factors. The Client will authorize TWTA discretionary authority to execute selected investment program transactions as stated within the Investment Advisory Agreement. FINANCIAL PLANNING AND CONSULTING Financial planning services include a comprehensive evaluation of an investor's current and future financial state will be provided by using currently known variables to predict future cash flows, asset values and withdrawal plans. TWTA will use current net worth, tax liabilities, asset allocation, and future retirement and estate plans in developing financial

plans while incorporating the framework and underlying philosophy of our Trademarked process called “The SmartChoice Wealth Strategy”. The Seven Core Principals of “The SmartChoice Wealth Strategy” may include but are not limited to: 1. Retirement and Income Planning: We’ll conduct a detailed retirement analysis to see if you are on track for a successful retirement. We’ll look at your essentials like health care, housing and food, and build a buffer for expenses like travel and hobbies. We’ll look at how much you have, what you have saved for retirement, and how much predictable income you’ll get from Social Security, pensions, investments, and annuities. We will stress test your plan and suggest any changes which will give you the best chance at meeting your goals. Some of the areas we cover are: - Social Security optimization - Income and expense analysis - Inflation planning - Surviving spousal planning - Will my money last? - When can I retire? 2. Investment Planning The key to successful long-term investing starts with a conversation on risk and what risks you’re comfortable taking. Once we know your goals, we then build a customized asset allocation strategy based on your specific investment objectives and risk profile. This investment plan set our guidelines for selecting, buying, monitoring, selling, and rebalancing your investments and establishing benchmarks for performance reviews. Topics we will discuss with you include but are not limited to: - Your personal risk number - What is volatility? - Stress testing your investment portfolio - The difference between Equities and Bonds - Why it’s important to have non-correlated assets in your portfolio - Why it’s important to have a custom asset allocation strategy plan 3. Tax Planning Any comprehensive Retirement Plan will include a strategy for minimizing tax liabilities on personal income to the extent permissible by the tax code. The strategy should include identification of tax-favored investment vehicles that can reduce taxation of investment income. - Assessing the taxable nature of your current holdings - Developing tax-deferred and tax-free strategies - Identifying tax-reduction opportunities for retirement fund distributions - Developing beneficiary tax-savings strategies - Identifying tax-loss harvesting strategies 4. Cash Flow & Debt Management We will evaluate your current and future sources of income, and help you become more efficient with your monthly budgets and set aside cash for emergencies. An income and spending plan determines how much can be set aside for debt repayment, savings and investing each month. - Balancing cash inflows with outflows - Developing plans to eliminate debt 5. Family Risk Management A key part of keeping your wealth is to protect your assets by the proper use of insurance. Our comprehensive risk management plan includes a full review of life and disability insurance, personal liability coverage, property and casualty coverage, and catastrophic coverage. - Determining life insurance needs - Assessing adequacy of homeowner’s and auto insurance coverage - Long-term and disability needs 6. Major Event Planning By careful planning, we can make sure you’re well equipped to take care of life’s expected and unexpected financial issues that arise. Our long-term investment plan will include a customized asset allocation strategy based on specific investment objectives and a risk profile. - Planning for future health care costs - Contingency planning for major unexpected expenses - College costs for children - Future wants 7. Legacy Planning A well-crafted estate plan ensures that what you want to happen will happen – even after you’re gone. We can help you avoid the tragic (yet surprisingly common) mistake of putting off estate planning until it’s too late. We will help update your retirement accounts, review beneficiaries for retirement accounts and life insurance and take a look at your current estate planning documents and prompt you to work with your estate plan provider if you have a major life event such as a marriage, death, birth, etc. - Identifying estate and income tax planning opportunities - Identifying tax-savings opportunities for your beneficiaries - Providing for your beneficiaries - Coordination of estate planning documents such as a will or living trust If a conflict of interest exists between the interests of TWTA and the interests of the Client, the Client is under no obligation to act upon TWTA’s recommendation. If the Client elects to act on any of the recommendations, the Client is under no obligation to affect the transaction through TWTA. Financial plans will be completed and delivered inside of ninety (90) days contingent upon timely delivery of all required documentation. BASIC ESTATE PLANNING TWTA has partnered with an unaffiliated company, to coordinate basic estate plans. Basic estate plans can include the following:
• Trust
• Certification of trust
• General transfer
• Property agreement for community property states
• Financial Power of Attorney
• Medical Power of Attorney or Advanced Health Care Directive
• HIPPA Release
• Will
• Deed(s) for real property SEMINARS AND WORKSHOPS TWTA holds seminars and workshops to educate the public on different types of investments and the different services they offer. The seminars are educational in nature and no specific investment or tax advice is given. Client Tailored Services and Client Imposed Restrictions The goals and objectives for each Client are documented in our Client files. Investment strategies are created that reflect the stated goals and objectives. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without written Client consent. Wrap Fee Programs TWTA does not sponsor any wrap fee programs. Client Assets under Management TWTA has the following assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $133,064,764 $0 October 9, 2023