Description of Services and Fees Harvest Investment Services, LLC ("Harvest Investments") is a registered investment adviser established in 2011. We are organized as a limited liability company under the laws of the State of Illinois. Harvest Financial Planning, LLC is our principal owner and Timothy J. Newell is the majority owner of Harvest Financial Planning, LLC. Currently, we offer the following investment advisory services, which are personalized to each individual client:
•Portfolio Management Services
•Financial Planning and Consulting Services
•Selection of Other Advisers
•Pension Consulting Services
•Sub-Advisory Management Services The following paragraphs describe our services and fees. Please refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this Brochure, the words "we", "our" and "us" refer to Harvest Investment Services, LLC and the words "you", "your" and "client" refer to you as either a client or prospective client of our firm. Portfolio Management Services We offer discretionary portfolio management services and in limited circumstances, we may agree to manage your account(s) on a non-discretionary basis. Our investment advice is tailored to meet our clients' needs and investment objectives. If you retain our firm for portfolio management services, we will meet with you to determine your investment objectives, risk tolerance, and other relevant information at the beginning of our advisory relationship. We will use the information we gather to develop an investment strategy that enables our firm to give you continuous and focused investment advice and/or to make investments on your behalf in accordance with your risk profile and investing objectives. As part of these services, we may create a custom portfolio for you or we may invest your assets in one or more investment model strategies. These investment models may be proprietary or they may be managed by a third-party manager. In either case, we will monitor your portfolio's performance on an ongoing basis, and will rebalance the portfolio as required by changes in market conditions and in your financial circumstances. Where appropriate we may also assist you with establishing an account for purposes of holding certain securities. If you participate in our discretionary portfolio management services, we require you to grant our firm discretionary authority to manage your account. Discretionary authorization will allow our firm to effect purchases, sales, exchanges, re-balance, reallocation, and other transactions with respect to the managed assets in your account(s) without receiving your consent each time. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm and/or through trading authorization forms. In limited circumstances, and only in our sole discretion, we may accept certain instructions from you that limit our discretionary authority (for example, limiting the types of securities that can be purchased for your account) by providing our firm with your restrictions and guidelines in writing. If you enter into non-discretionary arrangements with our firm, we will obtain your approval prior to the execution of any transactions for your account(s). You have an unrestricted right to decline to implement any advice provided by our firm on a non-discretionary basis.
4 We also serve as investment manager for collective investment trusts ("CITs") used by our affiliate, Envoy Advisory Inc. The CITs are used to manage pension benefits for Envoy's pension and retirement plan clients.
Financial Planning and Consulting Services We offer financial planning and consulting services as a stand-alone service that generally consists of broad-based planning, project-based planning, and/or general consulting. We also offer ongoing financial planning that may include ongoing consulting regarding your financial plan, quarterly and/or annual reviews, and updates to your financial plan. These services typically involve a variety of advisory services regarding the management of the client's financial resources based upon an analysis of their individual needs. If you retain our firm for these services, we will meet with you to gather information about your financial circumstances and objectives. As required, we will conduct follow-up interviews for the purpose of reviewing and/or collecting additional financial data. Once such information has been reviewed and analyzed, we will provide you with our financial planning and/or consulting recommendations, which may be presented in a written plan, designed to help you achieve your stated financial goals and objectives.
Our financial planning and/or consulting services may include, but are not limited to:
•Income Analysis/Cash Flow/Budget Analysis
•Investment Analysis/Asset Allocation/Investment Planning
•Education Funding Analysis/Planning
•Retirement Needs Analysis/Planning
•Retirement Plan Review
•Debt Management
•Life Insurance Review/Analysis
•Long-Term Care Review/Analysis
•Disability Insurance Review/Analysis
•Estate Analysis/Estate Planning Service
•Charitable Giving
•Employee Benefit Analysis
•Portfolio Monitoring
•Business Planning Financial recommendations are based on your financial situation at the time we provide our recommendations, and on the financial information you provide to our firm. You have the right to accept or reject our financial recommendations, and you may choose our firm, or any other firm, to assist you with implementing our recommendations. You may enter into arrangements with our firm that are separate and in addition to our financial planning and/or consulting services in order to implement advice provided, which is generally subject to additional compensation. As part our firm's advisory services, we also offer clients access to third-party financial software that typically allows you and us: the ability to aggregate account information; have access to financial reporting; provide you with access to a secure client portal; and utilize a secure cloud-based document storage platform.
Selection of Other Advisers As part of our investment advisory services, we may recommend that you use the services of a third- party money manager ("TPMM') to manage all or a portion of your investment portfolio. After gathering information about your financial situation and objectives, we will decide whether to recommend that you engage a TPMM or utilize another investment program. Factors that we take into consideration when making our recommendations include, but are not limited to: the TPMM's performance, methods 5 of analysis, fees, your financial needs, investment goals, risk tolerance, and investment objectives. We generally will periodically monitor the TPMM's performance to ensure its management and investment style remains aligned with your investment goals and objectives.
The TPMM will actively manage client portfolios and assume discretionary investment authority over client accounts. We will generally assume discretionary authority to hire and fire the TPMM and/or reallocate your assets to another TPMM where we deem such action appropriate and in your best interest. Pension Consulting Services We offer various levels of advisory and consulting services to employee benefit plans and to the participants of such

plans ("Participants"). The services are designed to assist plan sponsors ("Plan Sponsors") in meeting their management and fiduciary obligations to the Participants under the Employee Retirement Income Securities Act ("ERISA"). In all cases, Plan Sponsors must make the ultimate decision to retain our firm for pension consulting and other advisory services. The Plan Sponsor is free to seek independent advice about the appropriateness of any recommended services for the plan.
When working with Plan level engagements where we act as the Investment Manager to the Plan, we shall have discretionary investment authority to direct the core investments to be offered to plan participants in a manner that is consistent with the criteria set forth in the Plan's investment policy statement ("IPS") that has been approved by the Plan Sponsor, or other plan fiduciary. Such authority will include ability to select, monitor, remove and replace all investment alternatives that constitute the core investment menu. In cases where we provide instructions directly to the Plan's recordkeeper or third-party administrator with regard to the removal, or replacement, of investments, we will provide the Plan Sponsor with a report containing the basis for those decisions.
In rendering Investment Management Services or any other ERISA Discretionary Fiduciary Service, we will act as an ERISA fiduciary and will serve as an investment manager as defined in Section 3(38) of ERISA, and also as a fiduciary under the Investment Advisers Act. We shall retain final decision- making authority with regard to all ERISA Discretionary Fiduciary Services, and the Plan fiduciaries remain responsible for demonstrating that our firm was prudently selected and monitored.
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.
Aside from our services where we act as the Investment Manager, we offer our 401k ActiveWatch service directly to plan participants (i.e., the client or participant) where we recommend investment allocations based on the participant's investment profile, financial goals, and risk tolerance in an effort to achieve the participant's target allocation. We will not cause any transactions in conjunction with the advice and/or recommendations given, and clients will be responsible for implementing our investment recommendations. Where you provide your account statements to us, we may agree to monitor your account on a quarterly basis in efforts to ensure that the account remains aligned with your stated financial objectives. Under no circumstances do we maintain your account log-in credentials on file. Sub-Advisory Management Services We also provide sub-advisory portfolio management services to affiliated and non-affiliated investment advisers (the "Primary Investment Adviser") and their clients. In this role, we manage assets on a discretionary basis using specific portfolio strategies developed by our firm. Discretionary 6 authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold within our investment strategies. We are hired by the Primary Investment Adviser and manage their clients' assets in accordance with stated guidelines and objectives which are communicated to us by the Primary Investment Adviser. We have no direct contact with the PIA's clients. The Primary Investment Adviser has a contract with us and has the authority to terminate our services. Wrap Fee Programs We are a portfolio manager to and sponsor of a Wrap Fee Portfolio Management Program, which is a type of investment management program that provides advisory services and brokerage execution. If you participate in our Wrap Fee Program, you will pay our firm a single fee, which includes our money management fees and transaction costs. The overall cost you will incur if you participate in our Wrap Fee Program may be higher or lower than you might incur by separately purchasing the types of securities available in the program.
To compare the cost of the Wrap Fee Program with non-wrap fee portfolio management services, you should consider the frequency of trading activity associated with our investment strategies and the brokerage commissions charged by other broker-dealers, and the advisory fees charged by investment advisers. For more information concerning the Wrap Fee Program, please see the Form ADV Part 2A Appendix 1 (Wrap Fee Program Disclosure Brochure).
Affiliation with Private Fund Our firm is affiliated through common ownership and management with Harvesting Kingdom Resources, LLC, which is the Sponsor and investment manager of the HIS Kingdom Resources Trust (the "Fund"), an affiliate of our firm. Harvest Investments does not manage any funds for Harvesting Kingdom Resources, LLC.
Investments in the Fund are offered only to accredited investors as set forth in Regulation D under the Securities Act of 1933, and Harvest Investments does offer the Fund to certain investors. Investments in the Fund are offered by private offering memorandum which provides investors with full disclosure regarding the objectives of the Fund and the risks involved with the offering. Investors that purchase interests in the Fund will be admitted to the Fund as Interest Owners. The minimum initial capital contribution required to become an Interest Owner of the Fund is $200,000 subject to the Fund's sole discretion to accept a capital commitment in any amount. The detailed terms, strategies and risks applicable to the Funds are described in the Fund's organizational and offering documents. Details of the guidelines, parameters and restrictions on investments relating to the Fund investors may be found in the Fund's offering documents which includes a private placement memorandum (or other information documents, as applicable).
Investment in the Fund is available for investment only by investors who meet the eligibility requirements as set forth in the Fund's offering documents. The Fund is exempt from registration as an investment company under the U.S. Investment Company Act, as amended (the "Investment Company Act"), under Section 3(c)(1). Harvest Investments does not purchase the Fund for its investors through the use of discretion and earns no compensation beyond the advisory fee it earns as stated in your client agreement. Harvest Investments only sells class 2 of the Fund, which charges 1% in internal fees and is not shared with Harvest Investments.
7 Types of Investments We primarily offer advice on equity securities (stocks), exchange-traded funds (ETFs) and mutual funds. Additionally, we may advise you on any type of investment that we deem appropriate based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship.
You may request that we refrain from investing in particular securities or certain types of securities. You must provide these restrictions to our firm in writing. Assets Under Management As of December 31, 2023, we provide continuous management services for $281,661,252 in client assets on a discretionary basis.