Seven Springs Wealth Group is a Tennessee limited liability company originally formed in May 2003 as
a corporation named Sailer Financial, Inc.. In March 2021, Sailer Financial changed its name to Seven
Springs Wealth Group LLC. Jeremy and Aubrie Hutzel own 100% of SSWG through the Jeremy and
Aubrie Hutzel Living Trust. SSWG provides financial planning and portfolio management services to
high net worth and other individuals. These services are typically offered on a discretionary basis.
Advisory services are tailored to each Client's needs and are more fully explained below. Clients may
impose restrictions on investing in certain securities or certain types of securities.
I. Financial Planning Services
SSWG offers a unique financial planning process as a series of meetings designed to customize a
financial plan based on a Client's financial circumstances. Included is a comprehensive review of
Client's financial assets and liabilities, defining Client's financial goals, and assessing the likelihood of
meeting Client's goals. As a part of this process, SSWG will offer the following services:
•Budgeting and Cash Flow Analysis
•Construction of a Comprehensive Financial Plan
•Company Benefits Analysis, including but not limited to, assistance with the selection of
company benefits during open enrollment.
•Education Planning Services, including but not limited to, cost projections for post-secondary
or private secondary schooling, recommendations for savings rates, and tax planning.
SSWG does not provide tax advice.
•Insurance Needs Services, including but not limited, analysis of current coverage, coverage
gaps, and potential insurance needs, and implementation of specific insurance solutions.
•Estate Planning Consulting, including but not limited to, identification of goals for legacy,
philanthropy, and inheritance; recommendation of specific opportunities to maximize wealth
transfer; recommendation of beneficiary designations; and coordination with an attorney who
can draft and execute estate planning documents. SSWG does not render legal advice.
Financial plans are based on a client's financial situation at the time a plan is presented, and on the
financial information a client provides to us. Clients must promptly notify our firm if their financial
situation, goals, objectives, or needs change.
Clients are under no obligation to act on our financial planning recommendations. Should a client
choose to act on any of our recommendations, clients are not obligated to implement the financial plan
through any of our investment advisory representatives. Clients may act on our recommendations by
placing securities transactions with any brokerage firm.
II. Portfolio Management Services
SSWG offers portfolio management services by providing continuous and on-going supervision of
client accounts. These services are typically offered on a discretionary basis, and in some limited
cases SSWG will provide portfolio management on a non-discretionary basis. SSWG will manage a
Client's account based upon the Client's Investment Objectives and risk profile. For discretionary
management, SSWG will have a limited power of attorney, granted by the Client, to execute
transactions on behalf of the Client without obtaining specific Client consent. For non-discretionary
portfolio management, SSWG will obtain client consent prior to executing transactions on a client's
behalf.
In some cases, SSWG may provide advice on assets not under our management. In these
cases, SSWG will provide advice with respect to assets held by an existing Client and will include
these assets in SSWG's overall asset management services and analysis provided to Client. However,
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for assets under advisement, the Client ultimately makes final decisions as to whether or not to
implement SSWG's advice. Assets under advisement will be included in the total value of Assets
Under Management for purposes of fee billing, as described in Item 5 below. Assets under
advisement will be identified on the Investment Advisory Agreement the Client signs to engage SSWG.
Clients may limit our discretionary authority (for example, limiting the types of securities that can be
purchased or sold for their accounts) by providing our firm with restrictions and guidelines in writing.
III. Portfolio Management Services Through Separate Account Managers (SAM)
In some cases, SSWG and a Client may determine that a Separate Account Manager (SAM) may be
appropriate for management of all or a portion of Client's portfolio. In these cases, SSWG has
discretionary authority to select a SAM with whom SSWG has entered into agreements. All SAMs to
whom SSWG refers Clients will be appropriately licensed as investment advisers by their resident
states or with the SEC. After obtaining information about a Client's Investment Objectives, SSWG
selects a particular SAM. Client will receive a separate disclosure brochure for the SAM to whom Client
is referred. Such disclosure brochure will contain information applicable to the SAM and the program to
which the Client is being referred. The disclosure brochure will also include a discussion of the fees
associated with the applicable program. Services provided by a SAM may cost a client more or less
than obtaining advisory services from another adviser.
IV. SSWG Voyage Portfolio
SSWG Voyage Portfolio is a discretionary custom core equity account strategy designed and managed
by Seven Springs Wealth Group and implemented utilizing an interactive web-based investment
platform developed by an independent subadvisor with whom SSWG has an agreement. SSWG offers
this solution as an option for managing all or a portion of Client's investments if SSWG deems this
appropriate for Client's portfolio. SSWG ensures a subadviser is appropriately licensed and registered.
In order to participate in the SSWG Voyage Portfolio, Client must first engage SSWG for Portfolio
Management Services described above and complete a separate addendum to the Investment
Advisory Agreement signed with SSWG. Client will receive separate disclosure documents for the
subadvisor and should read all disclosure documents carefully. Fees payable to a subadvisor are
separate and apart from, and in addition to, fees payable to SSWG. SSWG Voyage Portfolio account
minimums typically begin at $250,000.
Types of Investments
SSWG provides investment advice on a large variety of investment types, including investments such
as bonds, equities, ETFs, mutual funds, interval funds, options, money market funds, and variable
annuities; however, we are not limited to those options. SSWG may also offer advice on product types
not mentioned above, in the event another product type is suitable for a Client's portfolio. Such
products may include real estate, private equity, private credit, limited partnerships, LLC's and other
strategies. SSWG may also provide advice on any type of investment held in a client's portfolio at the
inception of an advisory relationship.
Rollover Recommendations
Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field
Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's
Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the
following acknowledgment to you. When we provide investment advice to you regarding your
retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I
of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable,
which are laws governing retirement accounts. The way we make money creates some conflicts with
your interests, so we operate under a special rule that requires us to act in your best interest and not
put our interest ahead of yours. Under this special rule's provisions, we must:
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•Meet a professional standard of care when making investment recommendations (give prudent
advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal
advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best
interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest.
We benefit financially from the rollover of your assets from a retirement account to an account that we
manage or provide investment advice, because the assets increase our assets under management
and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in
your best interest.
Assets Under Management
As of December 31, 2023, we provide continuous management services for $730,214,311 in client
assets on a discretionary basis, and $34,925,147 in client assets on a non-discretionary basis.