American Independent Securities Group, LLC (“AISG”) is an SEC registered investment adviser with regulatory assets under management of $100 million or more. AISG was formed in 2004, registered as a FINRA member broker-dealer in 2005, and registered as an investment advisor with the SEC in May 2008. American Independent Securities Group, LLC’s Chief Compliance Officer is Sheila Kerbein. Listed below are AISG’s principal shareholders (i.e., those individuals and/or entities controlling 25% or more of this company).
• Thomas C. Sellin
• Ryan S. Carlson Investment Advisory Services Our firm provides continuous advice to a client regarding the investment of client funds based on the individual needs of the client. Through personal discussions with an Investment Advisor Representative (IAR) in which goals and objectives based on a client's particular circumstances are established, we develop a client’s personal investment policy and create and manage a portfolio based on that policy. During our data-gathering process, we determine the client’s individual objectives, time horizons, risk tolerance, and liquidity needs. As appropriate, we also review and discuss a client's prior investment history, as well as family composition and background. We manage these advisory accounts on a discretionary or non-discretionary basis, as stipulated by each client’s contract with us. Account supervision is guided by the client's stated objectives and risk tolerances (i.e., preservation of principal/income, balanced growth, growth, or aggressive growth/aggressive income, speculation), as well as tax considerations. Clients may impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors. Our investment recommendations are not limited to any specific security or type of investment. Given our open investment platform, our representatives may recommend a broad spectrum of investments. Because some types of investments involve certain additional degrees of risk, and may not be appropriate to all investors, investments will only be implemented and/or recommended when they are consistent with the client's stated investment objectives, tolerance for risk, and liquidity needs. Clients that retain AISG for investment advisory services will typically be placed in one of the asset management programs noted below. These programs may include Third-Party Investment Managers, or account management accessed by way of the Charles Schwab advisory platform, by way a Turn Key Asset Management Platform, or by way of our clearing firm RBC. Third-party Investment Management Services We have entered into agreements with various investment managers who are not affiliated with us, to provide investment management services for our clients. In order to assist you in the selection of one or 5 | P a g e more of these third-party investment managers, your IAR will use the information you have provided relative to your investment objectives, goals and risk tolerances, as well as other relevant information to identify the investment manager(s) whose investment strategies appear most appropriate for you. Some of the other relevant information considered in selecting a third-party investment manager for you include (but are not limited to):
• your preference for certain types of investments or investment strategies
• your investment time horizon
• the size and composition of your investment account
• your tax considerations
• your IAR’s prior experience with and preferences for particular investment managers
• the fees charged by the investment manager
• the experience and capabilities of the investment manager Third-party investment managers generally manage client investment accounts on a discretionary basis. Charles Schwab We have entered into agreements with Charles Schwab, who is not affiliated with us, to provide custodian services for our clients. Clients’ accounts may be managed on a discretionary or non-discretionary basis, with the IAR acting as the portfolio manager or by leveraging other Third Party Investment managers on the Charles Schwab platform. To establish your portfolio, or to assist you in the selection of one or more of these third-party investment managers, your IAR will use the information you have provided relative to your investment objectives, goals and risk tolerances, as well as other relevant information to identify the portfolio or investment manager(s) whose investment strategies appear most appropriate for you. Some of the other relevant information considered in selecting the portfolio or third-party investment manager for you include, but are not limited to:
• your preference for certain types of investments or investment strategies
• your investment time horizon
• the size and composition of your investment account
• your tax considerations
• your IAR’s prior experience with and preferences for particular investment managers
• the fees charged by the investment manager
• the experience and capabilities of the investment manager
• Third-party investment managers generally manage client investment accounts on a discretionary basis. Turn Key Asset Management Platform (TAMP) We have entered into agreements with TAMPs, who are not affiliated with us, to provide investment management services for our clients. The clients’ accounts may another third-party custodian available through the TAMP. Clients’ accounts may be managed on a discretionary or non-discretionary basis, with the IAR acting as the

portfolio manager or by leveraging other Third-Party Investment managers through the TAMP. To establish your portfolio, or to assist you in the selection of one or more of these third-party investment managers, your IAR will use the information you have provided relative to your investment 6 | P a g e objectives, goals and risk tolerances, as well as other relevant information to identify the portfolio or investment manager(s) whose investment strategies appear most appropriate for you. Some of the other relevant information considered in selecting the portfolio or third-party investment manager for you include, but are not limited to:
• your preference for certain types of investments or investment strategies
• your investment time horizon
• the size and composition of your investment account
• your tax considerations
• your IAR’s prior experience with and preferences for particular investment managers
• the fees charged by the investment manager
• the experience and capabilities of the investment manager Third-party investment managers generally manage client investment accounts on a discretionary basis. RBC Programs AISG offers four RBC Programs: Advisor, Consulting Solutions, RBC Unified Portfolios (RBC UP), and Unified Managed Account Solution (uMAS). RBC conducts due diligence on the independent money managers (“RBC Program Managers”) that are included in the RBC Programs. Advisor RBC Advisor is a client-directed, non-discretionary, advisory program centered on the advice and service IARs provide to their clients. RBC Advisor allows clients to purchase Stocks, fixed income, mutual funds, ETFs and eligible UITs. Certain types of securities are ineligible and may not be purchased within the account. To obtain a complete list of eligible investments, please contact your IAR. Consulting Solutions Consulting Solutions is an all-inclusive wrap program that gives investors access to some of the top professional investment managers in the country without the high minimum account balances required in traditional managed accounts. RBC Unified Portfolios (RBC UP) RBC Unified Portfolio is an innovative investment management program that allows you to bring your investments together in one account, receive professional money management, strategic tax management services, Overlay Portfolio Management Services provided by RBC Wealth Management or Envestnet | Placemark, and consolidated reporting — all for one fee, based on the value of your account. Unbundled Managed Account Solution (uMAS) The Unbundled Managed Account Solutions program offers customized investment management services for an annual fee. uMAS provides the operational systems to facilitate fee-based account programs for our clients. Please refer to the RBC Wealth Management Advisory Programs Disclosure Document Form ADV, Part 2A Appendix 1, Fee Program Brochure for a greater description of the Program services. 7 | P a g e Assets Under Management As of December 31, 2023 AISG manages: Discretionary AUM $20,462,896 Non-discretionary AUM $492,878,436 Total AUM $513,341,332 Financial Planning Periodically we may provide services that are individually tailored to the specific needs of each client. Financial planning is a comprehensive evaluation of your current and future financial state by using currently known variables and estimates to predict future cash flows, asset values and withdrawal plans. Through the financial planning process, all questions, information, and analysis are considered as they impact and are impacted by your entire financial and life situation. These services are value-added services offered to you on a best-efforts basis and are generally covered by our management fees. Financial planning may be done on an hourly fee or fixed fee basis when the circumstances are complex and for special projects. When you receive financial planning services, you will receive a written report which provides you with a detailed financial plan designed to assist you in achieving your financial goals and objectives. Should you choose to implement the recommendations contained in the plan, we suggest you work closely with your attorney, accountant, insurance agent, tax professional and/or estate planning attorney. Implementation of financial plan recommendations is entirely at your discretion. You are under no obligation to implement any aspect of your plan via an AISG IAR. We also provide general non-securities advice on topics that may include tax and budgetary planning, estate planning and business planning. While we may review and advise on annuities, AISG does not serve as an attorney, accountant, tax professional or insurance agent. To the extent requested, we may recommend the services of other professionals for certain non-investment implementation purposes. Financial Planning recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company. All recommendations are of a generic nature. Typically, the financial plan is presented to the client within six months of the contract date, provided that all information needed to prepare the financial plan has been promptly provided. IAR’s of AISG may be dually registered as representatives of a broker-dealer and/or as insurance agents/brokers of various insurance companies. Therefore, recommendations made in financial plans are limited to only those products offered through these companies. Similar products and services may be available from other sources. 8 | P a g e