Description of Advisory Firm Tar River Wealth Planning, LLC ("Tar River" or the “firm”) is a North Carolina Limited Liability Company that was formed in 2023 to offer investment advisory services to individuals, high-net- worth individuals, charitable organizations, and corporations. Through personal discussions in which a client’s goals and objectives are established, we develop the client's personal investment policy. We create and manage a portfolio based on that policy. Tar River seeks to thoroughly understand each client’s goals and objectives including certain restrictions such as imposing reasonable restrictions on investing in certain securities, types of securities, or industry sectors. Tar River is wholly owned by Arturo Lumpkin, James “Tripp” Parker Lumpkin III, and Louis “Al” Alfred Wheless III. Advisory Services Offered Tar River provides investment management to its clients on a discretionary and non-discretionary basis. Tar River may implement its clients’ investment strategies via equities, exchange traded funds, bonds, structured products, mutual funds, certificates of deposit, and other securities that are selected by Tar River. For some clients, additional financial consulting and advice may be provided in conjunction with discretionary investment management. Tar River manages some of its client assets in separately managed accounts. In general, pursuant to its standard investment management agreement, Tar River will be authorized to exercise its best judgment in investing, reinvesting, and selling the cash and other securities in each separately managed account in its discretion as well as through any of its outside managers. Clients may also engage Tar River to advise on certain investment products that are not maintained at their primary custodian, such as assets held in employer sponsored retirement plans and qualified tuition plans. In these situations, Tar River will direct or recommend the allocation of client assets among the various investment options available with the product. These assets are generally maintained at the custodian designated by the product’s provider. Financial Planning and Consulting The Adviser also offers financial planning and consulting services, as described below. These services may be provided as a stand-alone service or may be coupled with ongoing portfolio management. Financial planning may include advice that addresses one or more areas of a client’s financial situation, such as estate planning, risk management, budgeting and cash flow controls, retirement planning, education funding, and investment portfolio design and ongoing management. Depending on a client’s particular situation, financial planning and consulting may include some or all of the following:
• Gathering factual information concerning the client’s personal and financial situation;
• Assisting the client in establishing financial goals and objectives;
• Analyzing the client’s present situation and anticipated future activities in light of the client’s financial goals and objectives;
• Identifying problems foreseen in the accomplishment of these financial goals and objectives and offering alternative solutions to the problems;
• Making recommendations to help achieve retirement plan goals and objectives;
• Designing an investment portfolio to help meet the goals and objectives of the client;
• Estate planning strategies;
• Assessing risk and reviewing basic health, life and disability insurance needs; or
• Reviewing goals and objectives and measuring progress toward these goals. Once financial planning or consulting advice is given, the client may choose to have the Adviser implement the client’s financial plan and manage the investment portfolio on an ongoing basis. However, the client is under no obligation to act upon any of the recommendations made by the Adviser under a financial planning engagement and/or engage the services of any recommended professional. Retirement Plan Consulting Services The Adviser may provide retirement plan consulting services to employee benefit plans and their fiduciaries based upon an analysis of the needs of the plans. In general, these services may include existing plan review, design of an investment policy statement, asset allocation advice, investment selection services, communication and education services, investment performance monitoring, and/or ongoing consulting. Services to Retirement and Pension Plan Participants The Adviser may also provide investment advice directly to plan participants, but only as a non- discretionary fiduciary. The Adviser provides participants with diversification strategies and recommendations, and the participants will have the sole responsibility

to execute the transactions. In some cases, the Adviser may, after approval of the client, instruct the record- keeper or third party administrator to execute recommendations on the client’s behalf. From time to time, the Adviser will also meet with plan participants to provide general investment education, which may include basic information regarding insurance products, mutual funds, annuities, inflation, risk and diversification. Sub-Advisory Services Additionally, Tar River serves as a discretionary investment advisor (“Sub-Advisor”) to clients of unaffiliated investment advisers (the “Intermediary”) participating in sub-advisory arrangements. The client enters into an investment advisory agreement with the Intermediary and the Intermediary has a separate master agreement with Tar River. In most sub-advisory arrangements, the Intermediary is responsible for establishing the client’s Investment Plan as well as consultations with the underlying client. Tar River provides discretionary investment services that include ongoing monitoring and supervision of client assets. Tar River receives a portion of the management fee charged to the client’s account by the Intermediary as the Sub-Advisor to these arrangements. Tar River attempts to manage its sub- advised accounts in the same manner as its direct accounts. Insurance We may offer our clients various insurance products based on their phase of life or financial planning needs. Our representatives may recommend general types of insurance products, such as fixed and fee based annuities, that are appropriate to the clients' situation. Wrap Fee Programs Tar River provides discretionary and non-discretionary investment management services on a wrap fee basis in accordance with our investment management wrap fee program (the “Program”). The services offered under, and the corresponding terms and conditions pertaining to, the Program are discussed in the Wrap Fee Program Brochure, a copy of which is presented to all prospective Program participants. Under the Program, Tar River is able to offer participants discretionary and non-discretionary investment management services, for a single specified annual Program fee, inclusive of trade execution, custody, reporting, account maintenance, investment management fees. However, clients may be responsible for, but not limited to, trustee fees, mutual fund expenses, ETF expenses, mark-ups, mark- downs, transfer taxes, fees charged by independent managers and/or separately managed accounts, odd lot differentials, exchange fees, interest charges, American Depository Receipt agency processing fees, and any charges, taxes or other fees mandated by any federal, state or other applicable law or otherwise agreed to with regard to client accounts. Such fees are in addition to any fees paid by the client to Tar River and are between the client and the account custodian. The terms and conditions for client participation in the Program are set forth in detail in the Wrap Fee Program Brochure, which is presented to all prospective Program participants in accordance with disclosure requirements. All prospective Program participants should read both our Brochure and the Wrap Fee Program Brochure, and ask any corresponding questions that they may have, prior to participation in the Program. As indicated in the Wrap Fee Program Brochure, participation in the Program may cost more or less than purchasing such services separately. When managing a client’s account on a wrap fee basis, Tar River shall receive as payment for its asset management services, the balance of the wrap fee after all other costs (including account transaction fees) incorporated into the wrap fee have been deducted. As also indicated in the Wrap Fee Program Brochure, the Program fee charged by Tar River for participation in the Program may be higher or lower than those charged by other sponsors of comparable wrap fee programs. There is no significant difference between how Tar River manages wrap fee accounts and non- wrap fee accounts. However, as stated above, if a client determines to engage Tar River on a wrap fee basis the client will pay a single fee for bundled services (i.e. investment advisory, brokerage, custody). The services included in a wrap fee agreement will depend upon each client’s particular need. If the client determines to engage Tar River on a non-wrap fee basis the client will select individual services on an unbundled basis, paying for each service separately (i.e. investment advisory, brokerage, custody). Assets Under Management As of April 08, 2024, Tar River had approximately $229,058,556 under discretionary management and $99,538,920 under management on a non-discretionary basis. Total Regulatory Assets Under Management is $328,597,476.