Firm Description FiduciaryVest, LLC (“FiduciaryVest”) is an employee-owned investment advisory firm that specializes in working with hospitals, retirement plan sponsors, foundations and endowments, corporations, governmental bodies, and high net worth individuals to manage their investment programs. FiduciaryVest is a fee-only firm founded in 2005 by Philly Jones and Harold Small headquartered in Atlanta, Georgia with additional offices in and Radnor, Pennsylvania. The principal owner is Jason Small. Our business focus is to deliver independent, fee-only, targeted investment advice which is delivered on a client by client basis and includes services unique for each client. FiduciaryVest’s advisory services focus primarily on the following target markets:
• Institutional Trustees (non-profits, endowments and foundations, hospitals, corporations, governmental entities, and Taft Hartley plans)
• Retirement Plan Sponsors, (including 401(k), 403(b) and other defined benefit plans
• High Net Worth Individuals (IRAs, family trusts, and other individual accounts) Individual Advisory Services Individual Portfolio Management FiduciaryVest’s individual portfolio management service is dedicated to serving the specific needs of our high-net-worth clients through individually tailored portfolios. Investment portfolios are designed in accordance with each client’s objectives and requirements. We select investments for each portfolio in consideration of risk management and desired performance. To implement the client’s portfolio, we will primarily manage clients’ investment portfolios on a discretionary basis. As a discretionary investment adviser, we will have the authority to supervise and direct the portfolio without prior consultation with the client. In limited instances, FiduciaryVest does manage portfolios under a non-discretionary arrangement in which the client retains the responsibility for the final decision on all actions taken with respect to the portfolio. Obtaining client consent before a transaction can result in a delay in executing recommended trades, which could limit participation in client grouped trades and adversely affect the performance of the portfolio. Separate Account Managers When factors are appropriate for a client, FiduciaryVest will recommend the use of one or more Separate Account Managers, each a “Manager.” Having access to various Managers offers a wide variety of manager styles and offers clients the opportunity to utilize more than one Manager if necessary to meet the needs and investment objectives of the client. We will select or recommend the Manager(s) we deem most appropriate for the client. Factors we consider in recommending/selecting Managers generally include the client’s stated investment objective(s), management style, performance, risk level, reputation, financial strength, reporting, pricing, and research. The Manager(s) will generally be granted discretionary trading authority to provide investment supervisory services for the portfolio. Under certain circumstances, FiduciaryVest retains the authority to terminate the Manager’s relationship or to add new Managers without specific client consent. In other cases, the client will ultimately select one or more Managers recommended by FiduciaryVest. Fees paid to such Manager(s) are separate from and in addition to the fee assessed by FiduciaryVest. In any case, with respect to assets managed by a Manager, FiduciaryVest’s role will be to monitor the overall financial situation of the client, to monitor the investment approach and performance of the Manager(s), and to assist the client in understanding the investments in the portfolio. Institutional Advisory Services FiduciaryVest offers investment advisory services either on a non-discretionary or discretionary basis. An institutional client/trustee who receives non-discretionary investment advisory services receives advice and recommendations from FiduciaryVest. These recommendations are subject to the approval of the client, and thus the fiduciary responsibility is shared with the client. Under a discretionary arrangement, FiduciaryVest assumes fiduciary liability for its recommendations and generally has the authority to implement those recommendations within pre-determined Investment Policy guidelines. In this way, through a discretionary arrangement, the client delegates decision-making authority to FiduciaryVest, as documented in the terms of the advisory agreement. Non-Discretionary Advisory Services: These services involve providing ongoing independent advice with NO discretionary decision authority delegated by clients to FiduciaryVest and may include some or all of the following services: 1. Investment Policy Statement- We assist with the creation of client specific, comprehensive investment policies which include investment objectives, investing time horizon(s) or investing criteria and appropriate constraint(s), if any. For foundation and endowment clients, this may include recommendations regarding a spending policy. 2. Asset Allocation- We assist our clients in reviewing an array of investable asset classes to identify a strategic asset allocation policy designed to result in an appropriate balance of risk and potential return for their portfolios. When applicable, we perform client specific asset/liability forecasting studies. 3. Manager Search, Due Diligence and Selection- We utilize a myriad of quantitative and qualitative factors to identify those managers and strategies we believe are best matched to our clients’ specific risk and return expectations on a forward-looking basis. 4. Investment Program Maintenance- We supply, typically quarterly, a comprehensive

management report detailing our evaluations of the varying aspects of the client’s investment portfolio including compliance with policy and contributions toward stated client objectives. This report will include any specific conclusions and action recommendations deemed appropriate as well as review/benchmarking of the fees paid by the plan/client for investment and administrative services. 5. General Investment Consulting Services- FiduciaryVest may provide general consulting services from time to time including, but not limited to, providing investment-related education, performing searches for investment custodian/administration service providers or ad-hoc custom analysis. We also provide limited audience investment advisory services in the form of employee sponsored seminars or webcasts delivered on broad subjects such as asset allocation and education as it relates to the employer’s program and/or general retirement planning. Discretionary Management Services: In addition to the services detailed in the Non-Discretionary Advisory Services section, FiduciaryVest offers Discretionary Management Services under formal service agreements that are offered separate and apart from the non-discretionary services. These services primarily involve discretionary authority over client investment assets specifically delegated to FiduciaryVest and may include some or all of the following services: 1. Investment Manager- FiduciaryVest will assume discretionary management of institutional client portfolios or plans, duties that may commonly be referred to as Outsourced Chief Investment Officer (OCIO) services, which can include asset allocation, portfolio rebalancing, and manager and/or fund selection. 2. Dynamic Rebalancing- We offer discretionary rebalancing of allocations within the client’s investment policy target-range percentages. 3. Target Date Allocation Services- (Also referred to as Custom Target Date Portfolios) Subject to the client established investment policy, FiduciaryVest will provide discretionary asset allocation management of commercially available mutual funds or other institutional investment pools that have been selected and approved by the client for use in their formally sponsored employee benefit programs known as “401(k) plans”. Designed to meet the unique needs of your participants, the key components of this service include glide path design, manager due diligence, glide path management, and select participant communications. Acknowledgement of Fiduciary Status As a fiduciary to our clients, we have an affirmative duty of undivided loyalty to always serve our clients' best interests and act in utmost good faith, placing our clients' interests first and foremost without regard to the financial interests of our employees, affiliates, and any related entities or other parties. Further, as fiduciaries we are required to act prudently on our clients' behalf, exercising care, skill and diligence when providing our services. As a fiduciary to our ERISA clients, we are firmly committed to: (i) providing prudent advice that is, at the time of the recommendation, in the Best Interest of our client, (ii) receiving no more than reasonable compensation, and (iii) not making materially misleading statements on matters relevant to a retirement investor's investment decisions. In instances with individual clients, FiduciaryVest may be consulted to assist a client with a retirement plan accounts. When an employee leaves an employer there are generally four options regarding an existing retirement plan account and an employee’s options, or combination thereof, such as; 1) if permitted, leaving the funds in the former employer’s plan, 2) if rollovers are permitted and the employee has a new employer with an available plan, the employee could rollover the funds to the new employer plan, 3) rollover the funds to an Individual Retirement Account (“IRA”), or 4) withdraw or cash out the employee’s funds from the plan which could have adverse tax consequences depending on certain factors. If a client chooses to rollover retirement plan assets into an IRA account managed by FiduciaryVest, we will receive an advisory fee which creates a conflict of interest. Clients are under no obligation to roll retirement plan assets to an account managed by us. Services Tailored to the Individual Needs of Each Client Essentially all of FiduciaryVest's services are individually client-specific and may involve a combination of non-discretionary and discretionary agreements. The content of advice and written deliverables (other than commentaries on the markets) directly address each client's investment program, based upon client-specific, written investment goals and policy guidelines (the development of which FiduciaryVest is typically involved, at a significant level). The characterization of our services as "client- specific" applies to one-time, or non-periodic services, as well as those which are delivered on a routine, periodic basis. Clients have full latitude to direct FiduciaryVest to exclude from its advice any particular types of securities, investing techniques, strategies, or vehicles. No “Wrap Fees” FiduciaryVest does not participate in "wrap fee" programs. Assets Under Management FiduciaryVest believes the term "assets under advisement" most accurately describes its non- discretionary client relationships versus client assets managed via a discretionary service agreement. The total of all client assets with which FiduciaryVest has a recurring advisory relationship as of December 31, 2023, was approximately as follows: Discretionary: $300,925,854 Non-Discretionary: $4,339,976,613 Total: $4,640,902,467