Item 5 Additional Compensation ...........................................................................................................17 Item 6 Supervision ......................................................................................................................................17 Firm Description Tencap Wealth Coaching, LLC doing business as Tencap Wealth Coaching (formerly Tencap, LLC), (“Tencap”) was founded in 2012 and became registered to offer advisory services in 2013. The majority owner of Tencap Wealth Coaching is Kerry Park Family Limited Partnership with 98% ownership, which is co-owned by Gregory D. Black and Lindsey Black. Gregory D. Black and Lindsey Black are each 1% owners of Tencap Wealth Coaching. Joseph Griffin is the Chief Compliance Officer. Types of Advisory Services Tencap furnishes financial planning and acts as a secondary advisor to the primary advisor, Matson Money, Inc. CO-ADVISOR Tencap acts as a CO-ADVISOR with Matson Money, Inc. (“MM”) to manage client accounts. When determining the MM platform to recommend to clients, the client’s best interest will be the main determining factor of Tencap. Tencap acts as the co-advisor between the client and MM in return for the advisory fees collected from the accounts by MM. Tencap is responsible for:
• Helping the client complete the necessary paperwork of MM and the custodian;
• Updating MM with any changes in client status which are provided to Tencap by the client;
• Reviewing the quarterly statements provided by MM and the custodian; and
• Delivering the Form ADV Part 2, Privacy Notice and Written Disclosure Statement of MM to the client. Matson Fund Platform The Matson Fund Platform is a “fund of funds” that invests primarily in shares of other mutual funds pursuant to exemptive relief from the SEC. The Funds are designed to target specified percentages of certain asset classes in each Fund’s applicable investment category to seek maximum portfolio diversification, enhanced return opportunities and diminished portfolio volatility. Clients of Tencap complete a questionnaire, risk analysis and portfolio review in order for MM to assign each Client account to one of seven “model portfolios,” with target underlying asset allocations. Each model portfolio corresponds to some combination of investments in the Matson Funds. Clients determine their investment objectives and most appropriate combination through the Questionnaire process with Tencap, but are not otherwise permitted to impose restrictions on their accounts given that the accounts are invested in mutual funds subject to their own inherent investment restrictions. These practices represent conflicts of interest because Tencap is paid a management fee for placing Client assets with MM and may choose to recommend a portfolio of MM based on the fee Tencap is to receive. This conflict is mitigated by disclosures, procedures, and the firm’s Fiduciary obligation and by the fact that Clients are not required to accept the recommendation to use MM given by Tencap and have the option to receive investment advice through other money managers of their choosing. FINANCIAL PLANNING AND CONSULTING If financial planning services are applicable, a thorough review of all applicable topics, including but not limited to, the following will be reviewed: Retirement Planning Retirement planning services typically include projections of your likelihood of achieving your financial goals, with financial independence usually being the primary objective. For situations where projections show less than the desired results, a recommendation may include showing you the impact on those projections by making changes in certain variables (i.e., working longer, saving more, spending less, taking more risk with investments). If you are near retirement or already retired, advice may be given on appropriate distribution strategies to minimize the likelihood of running out of money or having to adversely alter spending during your retirement years. Succession Planning Succession planning is a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they become available. Education Planning Advice involving college funding may include projecting the amount that will be needed to achieve post-secondary education funding goals, along with savings strategies and the “pros-and-cons” of various college savings vehicles that are available. We are also available to review your financial picture as it relates to eligibility for financial aid or the best way to contribute to grandchildren, if appropriate. Legacy Planning This service is designed to help client’s get all of their financial documents organized in orderly fashion and to make sure their final wishes and instructions are provided to key people whether they are family or trusted advisors or friends. Insurance Planning Process to identify and evaluate insurance needs of client. Investment Planning Investment consultation services often involve providing information on

the types of investment vehicles available, employee retirement plans and/or stock options, investment analysis and strategies, asset selection and portfolio design, as well as limited assistance if your investment account if it is maintained at another broker/dealer or custodian. Budget Planning Advice on personal budgeting, helping put plan into action. Steps: 1. Calculate expenses 2. Determine income 3. Set savings and debt payoff goals 4. Record spending and track progress Client receives budget change proposals and recommendations. Personal Financial Planning Typically includes projections of the likelihood of achieving financial goals, with financial independence usually being the primary objective. For situations where projections show less than the desired results, a recommendation may include showing the impact on those projections by making changes to certain variables (e.g. working longer, saving more, spending less, taking more risk with investments). Advice may be given on appropriate distribution strategies to minimize the likelihood of running out of money or having to adversely alter spending during retirement years. Tax Planning Advice may include ways to minimize current and future income taxes as a part of your overall financial planning picture. For example, recommendations may be offered as to which type of account(s) or specific investments should be owned based in part on their “tax efficiency,” with consideration that there is always a possibility of future changes to federal, state or local tax laws and rates that may impact your situation. Major Purchase Planning Analysis and recommendations for major purchases or expenses. Discussing pros and cons of paying cash or using credit to purchase items that are in addition to normal living expenses. Divorce Planning Separation or divorce can have a major impact on your goals and plans. We will work with you to help you gain an understanding of your unique situation and provide you with a realistic financial picture so that you are in a better situation to communicate with legal counsel, a mediator or soon to be ex-spouse. We can assist in the completion of cash flow and net worth projections, budgetary analysis, division of property, as well as help you to understand what the consequences and/or benefits are involving a settlement. Debt Management Planning A review of your income and expenses will be conducted to determine your current surplus or deficit. Based upon the results, we will provide advice on prioritizing how any surplus should be used, or how to reduce expenses if they exceed your income. In addition, advice on the prioritization of which debts to repay may be provided, based upon such factors as the debt’s interest rate and any income tax ramifications. Recommendations may also be made regarding the appropriate level of cash reserves for emergencies and other financial goals. These recommendations are based upon a review of cash accounts (such as money market funds) for such reserves and may include strategies to save desired reserve amounts. Business Exit Planning Advice on possible scenarios to exit business. Provide recommendations for exit plan, such as: 1. How to close down a non-profitable business 2. Execute an investment or business venture when profit objectives are met 3. Close down a business in the event of a significant change in market conditions 4. Sell an investment or a company 5. Sell an unsuccessful company to limit losses Reduce ownership in a company or give up control Cash Flow Analysis Advice on personal budgeting, helping put plan into action. Steps: 5. Calculate expenses 6. Determine income 7. Set savings and debt payoff goals 8. Record spending and track progress Client receives budget change proposals and recommendations. If a conflict of interest exists between the interests of Tencap and the interests of the Client, the client is under no obligation to act upon Tencap’s recommendation. If the client elects to act on any of the recommendations, the Client is under no obligation to effect the transaction through Matson Money, with whom Tencap is a secondary advisor, Tencap Legacy LLC, the insurance entity owned by Gregory D. Black, or any other independent insurance agent affiliated with Tencap. Financial plans will be completed and delivered inside of thirty (30) days. Clients may terminate advisory services with five (5) days written notice. When insurance is a part of the financial plan, it should be noted, the firm’s Managing Member, Gregory D. Black is an independent insurance agent. These practices represent conflicts of interest because it gives Tencap an incentive to recommend products based on the commission amount received. This conflict is mitigated by the fact that the clients are not required to purchase any products. Clients have the option to purchase these products through another insurance agent of their choosing. 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. Client Agreements may not be assigned without written client consent. Wrap Fee Programs Tencap does not sponsor any wrap fee programs. Client Assets Under Management Tencap does not manage Client assets.