(A) MPS LORIA Financial Planners, LLC is a registered investment adviser based in Burr Ridge, IL. We are organized as a limited liability company ("LLC") under the laws of the State of Illinois. We have been providing investment advisory services since August 1, 1999.
The firm's owners are:
• Richard Thomas Loria, the firm's President and Managing Member;
• Edward William Mulcahy, Jr., a Member;
• Michael Francis Pauritsch, a Member; and
• Philip Alan Salvador, a Member In addition to the licensing examinations, any given state requires each investment adviser representative to pass in order to give investment advice in that state, MPS LORIA Financial Planners, LLC requires its advisers, in most cases, to have at least a college education or 5 years of related industry experience. Along with this, they must also demonstrate a history of compliance with industry laws and regulations.
MPS LORIA Financial Planners, LLC maintains business hours from 8:30 AM to 4:30PM (CST).
(B) MPS LORIA Financial Planners, LLC ("the firm", "the adviser" or "MPS LORIA") provides investment advisory services and financial planning for clients. The firm works on a contractual basis with clients to clearly outline the mutually agreed upon services.
The firm conducts an interview with prospective clients. In some cases using a standard questionnaire, to assist in determining a client's needs goals and general risk tolerance.
If the client wishes to engage the firm/adviser for investment advisory services it must be determined if the account will be discretionary or non-discretionary; a separate agreement is completed for each. The adviser will conduct a risk analysis by completing a client risk profile. The risk analysis along with the client goals will be the main factors in determining the allocation of assets. Clients may also be provided an Investment Policy Statement (IPS) which further confirms the agreed upon allocation and outlines the roles each party will play. The majority of accounts are discretionary, and the firm will approve non-discretionary accounts on a case-by- case basis. In all cases, a mutually agreed upon custodian firm must be selected. The primary custodian used by the adviser is Charles Schwab ("Schwab").
Clients who wish to engage the firm for Financial Planning services will complete a separate financial planning agreement outlining services offered. Unless the services are identified in the agreement, the firm/adviser cannot be held responsible nor be expected to offer advice or input on anything outside the scope of the agreement. The firm/adviser is not a law firm or a CPA firm. Therefore, the firm/adviser does not offer any tax or legal advice. The firm strongly recommends the client discuss all aspects of any plan with their CPA and/or attorney before implementing it. The implementation of any planning discussed with the client is at the sole discretion of the client. (C) MPS LORIA manages assets using an open architecture strategy. Asset allocations are determined by using the results of the initial risk assessment, continuous updating of account information and supervision of activity. The adviser is to make only those recommendations that demonstrably are in the client's own best interests and based upon the clients needs and goals. The firm seeks to establish this personal dimension through active and ongoing discussion with clients and account supervision.
4 Financial planning services are provided on an individual client basis. By their nature, financial planning services must be based on each client's individual needs.
We offer pension consulting services to employee benefit plans and their fiduciaries based upon the needs of the plan and the services requested by the plan sponsor or named fiduciary. In general, these services may include an existing plan review and analysis, plan-level advice regarding fund selection and investment options, education services to plan participants, investment performance monitoring, and/or ongoing consulting. These pension consulting services will generally be non-discretionary and advisory in nature. The ultimate decision to act on behalf of the plan shall remain with the plan sponsor

or other named fiduciary.
We may also assist with participant enrollment meetings and provide investment-related educational seminars to plan participants on such topics as:
•Diversification;
•Asset allocation;
•Risk tolerance; and
•Time horizon Our educational seminars may include other investment-related topics specific to the particular plan.
We may also provide additional types of pension consulting services to plans on an individually negotiated basis. All services, whether discussed above or customized for the plan based upon requirements from the plan fiduciaries (which may include additional plan-level or participant-level services) shall be detailed in a written agreement and be consistent with the parameters set forth in the plan documents.
Either party to the pension consulting agreement may terminate the agreement upon written notice to the other party in accordance with the terms of the agreement for services. The pension consulting fees will be prorated for the quarter in which the termination notice is given, and any unearned fees will be refunded to the client.
At any point during either the initial risk assessment or ongoing monitoring, MPS LORIA may determine that the use of a sub-advisor may be beneficial to the client. If agreed upon by both adviser and client, the client will be provided the form ADV for each sub-advisor. A separate account will be opened, and the sub-advisor will be responsible for the asset allocation of that account and have the discretionary authority to make changes to that allocation. As part of its account monitoring, MPS LORIA will review the account activity and apprise the client of concerns it has regarding sub-advisor accounts. MPS LORIA understands that not all clients will benefit from the services of a sub-advisor, thus any recommendation to use one will be considered on a case- by-case basis.
Clients may impose reasonable restrictions on the adviser's discretion at any time. The firm requires that these instructions and any subsequent changes to them be provided in writing. Clients allow the power of discretion to an adviser by means of a limited power of attorney, which may be revoked at any time. Clients may opt to have their account managed on a non-discretionary basis.
(D) MPS LORIA does not offer any wrap fee programs.
(E) IRA 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"). 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 5 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:
•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.
(F) As of January 2, 2024, MPS LORIA Financial Planners, LLC managed assets of $692,252,812 million in a continuous and regular manner. Discretionary accounts were valued at $649,793,553 million; non-discretionary accounts at $42,459,259 million.