Intervest International, Inc. (“Intervest”) is a Registered Investment Advisor which specializes in total financial planning for families, business executives, and small business owners as well as military and government personnel. Intervest has been in business since 1980 and our principal owner is David M. Smith, CFP®, Chief Executive Officer. We feature an exclusive group of Certified Financial Planner™ certificants and investment advisor representatives (collectively, “Advisor Representatives”) who provide complete and objective financial advice for our clients. Intervest also provides professional asset management, both directly as well as through selected Third-Party Money Managers. Through our programs and services, we help you avoid the problems caused by inflation, taxes and money mismanagement — all vital issues in today's rapidly changing economy. We focus on alternative solutions and provide effective recommendations designed to achieve financial success for those we serve. Our approach to the changing problems and opportunities that make up today's economy is unique. We apply financial planning principles and techniques that are custom designed for you. We do not represent any one company; instead, we represent the needs of our clients by providing solutions that are both objective and comprehensive. Your financial planning goals are, and will always be, first and foremost. Intervest offers several different types of investment advisory services including Advisory Services offered through Third-Party Money Managers, Individually Managed Account Services, and Financial Planning Services, collectively referred to as “Advisory Services.” Advisory Services offered through Third-Party Money Managers Intervest offers investment advisory services to you in conjunction with several third-party money management programs. This allows us to offer individual advice on these specialized money management programs sponsored by other investment advisors. Individually Managed Account Services Intervest offers Individually Managed Account Services which may include any or all of the following, as agreed upon between you and Intervest:
• Monitoring the performance of an existing portfolio;
• Periodically rebalancing a portfolio to an agreed-upon model allocation; or,
• Recommending and modifying specific portfolio assets on a nondiscretionary basis. Certain Individually

Managed Accounts may be margin accounts. A margin account is an account where you may borrow funds for the purpose of purchasing additional securities. You may also use a margin account to borrow money to pay for fees associated with your account or to withdraw funds. If you decide to open a margin account, please carefully consider the following:
• If you do not have available cash in your account and use margin, you are borrowing money to purchase securities, pay for fees associated with your account or withdraw funds.
• You are using the securities that you own as collateral.
• Money borrowed is charged an interest rate that is subject to change over time.
• Your Advisor Representative has a conflict of interest when recommending that you purchase or sell securities using borrowed money. This conflict occurs because your advisory fee is based on the total market value of the securities in your account. If you have a margin debit balance (in other words you have borrowed and owe money to the account custodian), your margin debit balance does not reduce the total market value. In fact, since you have borrowed money to purchase additional shares, the total market value of your account will be higher, which results in a higher advisory fee. We reduce this conflict by requiring all margin accounts to be pre-approved by the home office. We also review accounts to determine whether or not the use of margin is appropriate and in line with your goals and objectives. Please also carefully review the margin disclosure document for additional risks involved in opening a margin account. Financial Planning Services Intervest provides financial planning services and investment advice through comprehensive reviews of personal, business, family, and estate information and documents which you provide. Written reports or plans are created for you and reviewed in detail. Information provided and reports created may include a review of general securities holdings, employee benefit programs, and business operations. Assets Under Management As of December 31, 2023, Intervest managed a total of $93,584,000 in client assets, as follows:
• Advisory Services through Third-Party Money Managers (non-discretionary) $52,384,000
• Individually Managed Accounts (non-discretionary basis) $41,200,000
• Individually Managed Accounts (discretionary basis) $0