A. Firm Information Advisors Financial, Inc. (“AFI” or the “Advisor”) is a registered investment advisor with the U.S. Securities and Exchange Commission (“SEC”). The Advisor is organized as a Corporation under the laws of the Commonwealth of Virginia. AFI is the successor corporation of Advisors Financial, Inc. that was founded in 1985 and sold all its assets to AFI as of June 27, 2007. AFI’s registration became effective on August 3, 2007. The Advisor is owned by Joseph M. Van Name (President, Chief Executive Officer, and Chief Compliance Officer.) B. Advisory Services Offered AFI provides customized investment management services and financial planning to individuals, high net worth individuals, trusts, estates, foundations, endowments, charitable organizations, and other legal entities (each referred to as a “Client.”) AFI generally invests Client assets in domestic and international stocks, bonds, mutual funds, and exchange-traded funds (“ETFs”). The Advisor serves as a fiduciary to Clients, as defined under the applicable laws and regulations. As a fiduciary, the Advisor upholds a duty of loyalty, fairness, and good faith towards each Client and seeks to mitigate potential conflicts of interest. AFI’s fiduciary commitment is further described in the Advisor’s Code of Ethics. For more information regarding our Code of Ethics, please see Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading. The two major areas of AFI’s advisory business are listed below: 1. Financial Planning Services AFI believes that coordinated financial planning services are a valuable component of a Client’s financial life. AFI will typically provide a variety of financial planning services to individuals and families pursuant to a written financial planning agreement. Services are offered in several areas of a Client’s financial situation, depending on their goals, objectives, needs, and individual circumstances. Generally, such financial planning services will involve preparing a financial plan based on the Client’s financial goals and objectives. This planning or consulting may encompass one or more areas of need, including but not limited to investment planning, retirement planning, personal savings, education savings, and other areas of a Client’s financial situation. Financial planning recommendations pose a conflict between the interests of the Advisor and the interests of the Client. For example, the Advisor has an incentive to recommend that Clients engage the Advisor for investment management services or to increase the level of investment assets with the Advisor, as it would increase the amount of advisory fees paid to the Advisor. Clients are not obligated to implement any recommendations made by the Advisor or maintain an ongoing relationship with the Advisor. If the Client elects to act on any of the recommendations made by the Advisor, the Client is under no obligation to implement the transaction through the Advisor. Continuing Financial Planning Services. In addition to investment management, AFI also provides services to Clients in areas of cash flow, tax impact, insurance needs, estate planning scenarios, and other investment-related areas. These services are offered in conjunction with the Client’s ongoing continuing advisory relationship. General Financial Planning Services. General Financial Planning Services are similar to Continuing Financial Planning Services but are provided on an as needed basis as opposed to an ongoing basis. The same subject areas are reviewed and evaluated, but only at the request of the Client. Coordinated Financial Planning Services. Coordinated Financial Planning Services

are similar to Continuing Financial Planning Services but are generally provided at the beginning of a relationship for a limited time period. 2. Portfolio Management Services AFI Managed Accounts. AFI Managed Accounts are a discretionary asset allocation system utilizing AFI’s investment management services. AFI’s Investment Committee research determines the asset allocation and investment products used in Managed Accounts. The accounts may be composed of mutual funds, ETFs, stocks, and individual bonds depending on the specific needs of individual Clients. The benefits of opening these types of accounts include: ● Individualized management of your account(s) ● Annual reviews of your account(s) ● Performance reporting AFI Investment Supervisory Services (AFI ISS). Managed Accounts utilizing AFI Investment Supervisory Services (AFI ISS) refer to the asset allocation system on the AssetMark, Inc. (“AssetMark”) platform offering multiple institutional level strategies. AFI receives a portion of the total fee paid by the Client on a quarterly basis. Further information is provided in the tri-party contract (between AFI, AssetMark, and the Client) that is provided to the Client. The minimum investment required in the AssetMark platform depends upon the investment solution chosen for a Client’s account[s] and is generally $25,000-$50,000 for mutual fund and variable annuity accounts, $100,000 for ETF accounts, $250,000 for distribution strategies, and from $50,000 to $500,000 for privately managed and Unified Managed Accounts (“UMA”). Accounts below the stated minimums may be accepted on an individual basis at the discretion of the Platform Sponsor. Retirement Accounts – When the Advisor provides investment advice to Clients regarding ERISA retirement accounts or individual retirement accounts (“IRAs”), the Advisor is a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (“IRC”), as applicable, which are laws governing retirement accounts. When deemed to be in the Client’s best interest, the Advisor will provide investment advice to a Client regarding a distribution from an ERISA retirement account or to roll over the assets to an IRA or recommend a similar transaction including rollovers from one ERISA sponsored Plan to another, one IRA to another IRA, or from one type of account to another account (e.g., commission-based account to fee-based account). Such a recommendation creates a conflict of interest if the Advisor earns a new (or increases its current) advisory fee as a result of the transaction. No client is under any obligation to roll over a retirement account to an account managed by the Advisor. At no time will AFI accept or maintain custody of a Client’s funds or securities, except for the limited authority as outlined in Item 15 – Custody. All Client assets will be managed within their designated account[s] at the Custodian, pursuant to the Client wealth management agreement. Please see Item 12 – Brokerage Practices. C. Client Account Management AFI works with each Client to establish an appropriate investment profile. The specific investment profile is tailored to each Client based on their situation and the information provided by the Client. Clients may impose reasonable restrictions on AFI’s management of their accounts. D. Wrap Fee Programs AFI does not manage a wrap fee program but may recommend that the Clients establish accounts through a wrap fee structure at AssetMark. E. Assets Under Management As of March 1, 2024, AFI manages $265,285,173 in discretionary assets. Clients may request more current information at any time by contacting the Advisor.