Firm Description Lonestar Registered Investment Advisors, PLLC, (“LRI”) was founded in 2007. Michael Byers is 100% owner, Managing Member and Chief Compliance Officer. Types of Advisory Services CO-ADVISOR LRI has entered a Co-Advisor relationship with Gradient Investments, LLC (GI). LRI will provide information to each client regarding the services offered by GI as the portfolio manager. LRI will assist the Client to determine the appropriate model selection based on the Client’s investment objectives and risk tolerance. LRI will have full discretion on an ongoing basis to select suitable models to maintain client’s risk tolerance. LRI will share in the management fees charged by GI as described in Item 5 of this brochure. LRI has entered into a Co-Advisor relationship with Flexible Plan Investments, Ltd. (Flex Plan). LRI will maintain ongoing relationships with Clients through personal contacts, including personal visits, email and telephone conversations, personalized follow-up mailings and presentations. LRI will initially and at least annually, consult with each Client regarding Client’s financial condition, whether there have been any changes on the Client’s financial situation or investment objective and whether the Client wishes to impose any reasonable restrictions on the management of the Client’s account or reasonably modify existing restrictions. LRI will also initially, and as necessary, conduct an analysis to determine whether the selected strategies are prudent for the Client. FINANCIAL PLANNING AND CONSULTING Financial planning services include a comprehensive evaluation of an investor's current and future financial state and will be provided by using currently known variables to predict future cash flows, asset values and withdrawal plans. LRI will use current net worth, tax liabilities, asset allocation, and future retirement and estate plans in developing financial

plans. Services include but are not limited to a thorough review of all applicable topics including:
• Cash Flow Analysis & Management • Insurance Review
• Education Funding • Investment Management & Planning
• Estate Planning • Retirement Planning
• Financial Objectives • Risk Management
• Identification Of Financial Problems • Tax Planning A conflict of interest exists between the interests of the investment advisor and the interests of the client when a client is provided one service by LRI and can also be solicited for other services provided by LRI or their affiliated companies. The client always has the right to decide whether to act upon the investment advisor’s recommendation. If the client elects to act on any of the recommendations they always have the right to do it through the professional of their choosing. Services are completed and delivered inside of ninety (90) days. REFERRAL ARRANGEMENTS LRI has legacy clients under a referral arrangement withThird-Party Money Managers (“TPM”) to manage client accounts. No new clients will be under this arrangement. All TPMs that LRI recommends must either be registered as investment advisers with the Securities and Exchange Commission or with the appropriate state authority(ies). Client Tailored Services and Client Imposed Restrictions The goals and objectives for each client are documented in our client files. LRI assists the Client in selecting the appropriate investment strategies on the TPM platform. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without clients’ prior written consent. Wrap Fee Programs LRI does not participate in wrap fee programs. Client Assets under Management LRI has the following assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $0 $0