Firm Description The Family Wealth Advisory Group, LLC, (hereinafter FWAG) was formed in March 2002 and is 100% owned by Robert J Grossheim. FWAG provides personalized wealth management, financial planning, and investment management services, where appropriate, to individuals, high net worth individuals, trusts, and estates. Advice is provided through consultation with the client and may include determination of financial objectives, cash flow management, tax planning, insurance review, investment management, education funding, retirement planning, and estate planning. FWAG is strictly a fee-only financial planning and investment management firm. The firm does not sell annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products. The firm is not affiliated with entities that sell financial products or securities. No commissions in any form are accepted by the firm. No finder’s fees are accepted. Investment advice is provided, with or without the client making the final decision on investment selection depending on the extent to which discretion has been authorized. FWAG does not act as a custodian of client assets. The client always maintains asset control. FWAG places trades for clients under a limited power of attorney. An evaluation of each client's initial situation is provided to the client, often in the form of a financial plan or simply a net worth statement. Periodic reviews are also communicated to provide reminders of the specific courses of action that need to be taken. More frequent reviews occur but are not necessarily communicated to the client unless immediate changes are recommended. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) are engaged directly by the client on an as-needed basis. Conflicts of interest will be disclosed to the client in the unlikely event they should occur. The initial meeting, which may be by telephone, is free of charge and is considered an exploratory interview to determine the extent to which financial planning and investment management may be beneficial to the client. Types of Advisory Services FWAG provides wealth management services, financial planning only services and investment supervisory services. On more than an occasional basis, FWAG furnishes advice to clients on matters not involving securities, such as financial planning matters and taxation issues. As of 12/31/23, the total of FWAG’s regulatory assets under management was $273,889,797. The firm had additional assets under advisement of $151,913,473 for overall assets being advised upon of $425,803,270. Of the regulatory assets managed, $187,067,512 was on a discretionary basis and $86,822,285 was on a non-discretionary basis. Tailored Relationships The goals and objectives for each client are documented in our client files. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without the client’s consent. Types of Agreements The following agreements define the typical client relationships. Wealth Management Agreement Most clients choose to have FWAG manage their assets to obtain ongoing in- depth advice and life planning. All key aspects of the client’s financial affairs are reviewed. Realistic and measurable goals are set and objectives to reach those goals are defined. As goals and objectives change over time, suggestions are made and implemented on an ongoing basis. The scope of work and fee for a Wealth Management Agreement (WMA) is communicated to the client prior to the start of the relationship. A WMA may include cash flow planning; insurance planning; investment planning and management (including performance reporting); education planning; retirement planning; estate planning; and tax planning (preparation may be offered based on complexity of the return), as well as the implementation of recommendations within each area. The annual WMA fee is based on a percentage of the investable assets according to the following schedule: 1.00% on the first $1,000,000 0.75% on the next $4,000,000 0.50% over $5,000,000 The minimum annual fee is $6,500 and is not negotiable. Current client relationships may exist where the fees are higher or lower than the fee schedule above. This is a progressive scale. For example, a client with $1,750,000 would pay $15,625 per year ($1,000,000 * 1.00%) + ($750,000 * .75%). Although the Wealth Management Agreement is an ongoing agreement and constant adjustments are required, the length of service to the client is at the client and/or firm’s discretion. The client or the

FWAG Adviser of record may terminate an Agreement by written notice to the other party. At termination, fees will be billed on a pro rata basis for the portion of the quarter completed. The portfolio value at the completion of the prior full billing quarter is used as the basis for the fee computation, adjusted for the number of days during the billing quarter prior to termination. As of 03/01/2024, FWAG introduced a growing investor advisory service for selected individuals under the age of thirty (30) whose circumstances are such that full ongoing Wealth Management Services are not yet required but anticipated in the future. The cost of the growing investor advisory service is a flat monthly fee of $125.00. Investment Supervisory Agreement An Investment Supervisory Agreement may be executed when only investment planning and management services are provided. Under this agreement, financial planning topics and tax preparation are not provided as part of the relationship. The Investment Supervisory Agreement is enacted via a modification of the Wealth Management Agreement and has no minimum annual fee. The annual fee for an Investment Supervisory Agreement is 1.00% of the assets under supervision and is not negotiable. Financial Planning Agreement A financial plan is designed to help the client with all aspects of financial planning but does not include ongoing investment management or tax preparation after the financial plan is completed. The financial plan may include, but is not limited to: a net worth statement; a cash flow statement; a review of investment accounts, including reviewing asset allocation and providing repositioning recommendations; strategic tax planning; a review of retirement accounts and plans including recommendations; a review of insurance policies and recommendations for changes, if necessary; one or more retirement scenarios; estate planning review and recommendations; and education planning with funding recommendations. Detailed investment advice and specific recommendations are not provided as part of a financial plan. Implementation of the recommendations is at the discretion of the client. The fee for a financial plan is predicated upon the facts known at the start of the engagement. Since financial planning is a discovery process, situations occur wherein the client is unaware of certain financial exposures or predicaments. If the client’s situation is substantially different than disclosed at the initial meeting, a revised fee will be provided for mutual agreement. The client must approve the change of scope in advance of the additional work being performed when a fee increase is necessary. After delivery of a financial plan, future face-to-face meetings may be scheduled as necessary for up to 6 months. Tax Preparation Agreement Tax preparation work is not a stand-alone service but may be included in the Wealth Management Agreement scope of work, as indicated above. Hourly Planning Engagements FWAG no longer provides hourly planning services for clients who need advice on a limited scope of work as of 12/31/13. Asset Management Assets are invested primarily in no-load or load-waived mutual funds and exchange-traded funds, usually through discount brokers or fund companies. Fund companies charge each fund shareholder an investment management fee that is disclosed in the fund prospectus. Discount brokerages may charge a transaction fee for the purchase of some funds. Stocks and bonds may be purchased or sold through a brokerage account when appropriate. The brokerage firm charges a fee for stock and bond trades. FWAG does not receive compensation, in any form, from fund companies or the brokerage companies. Investments may also include equities (stocks), corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (no load variable life insurance, no load variable annuities, and mutual funds shares), U. S. government securities, options contracts, and interests in partnerships. Initial public offerings (IPOs) are not available through FWAG. Termination of Agreement A Client may terminate any of the agreements at any time by notifying FWAG in writing and paying the rate for the time spent on the investment advisory engagement prior to notification of termination. If the client made an advance payment, FWAG will refund any unearned portion of the advance payment. FWAG may terminate any of the agreements at any time by notifying the client in writing. If the client made an advance payment, FWAG will refund any unearned portion of the advance payment.