CAMBRIDGE FINANCIAL GROUP, LLC. (“CFG”) is a fee-only financial planning firm that provides holistic financial planning and investment advisory services to individuals and families. Penny Marchand and Alicia Klein are principal owners of the Firm, which was established in September 2001. Cole McClarren and Bonnie Courtney also have ownership interests in CFG. CFG does not sell insurance or investment products and does not accept commissions for any product recommendations. CFG offers a wide range of financial services. Specifically, CFG provides financial planning and investment services to meet a client’s investment needs, as well as tax, estate planning, risk management, and retirement planning. When performing investment management services, Clients authorize CFG with discretionary authority in the agreement they sign with CFG. Discretionary authority allows CFG to execute investment recommendations, as well as select and retain sub- advisers to the account without seeking prior approval from the client each time a trade is made. The investment strategies utilized, and portfolios constructed and managed depend on the confidential information provided by the client to CFG. Model portfolios may be used as a part of the investment strategy; however, each client has an opportunity to place reasonable restrictions on the type of investments to be held in the portfolio. CFG may periodically rebalance the client’s account to maintain the agreed upon asset allocation. CFG and Client will enter into an agreement which details the scope of the relationship and responsibilities of both CFG and Client. Advice and services provided under the agreement are tailored to the stated objectives of the Client(s). CFG has legacy clients who have existing engagements with the Firm to provide services, which are no longer offered by the Firm, that are different than those described below. When Cambridge Financial Group’s services are subject to the provisions of ERISA of 1974, as amended, the firm acknowledges that it is a "fiduciary". 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 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. In performing its services, CFG provides the following types of engagements: 1. STANDARD RETAINER: A Standard Retainer provides Clients with financial counsel and advice, investment management, and personal tax preparation services for a fixed fee over the course of one year. Clients will have scheduled meetings with their adviser, depending on their individual situation. In addition to scheduled meetings, additional face-to-face, e-mail and/or phone consultations are included at no additional charge. Services provided may include, but are not limited to, the following: tax preparation, tax planning, insurance review, inventory of assets, analysis of financial goals, portfolio analysis, development of an asset allocation strategy, no-load mutual fund recommendations, retirement planning and estate plan reviews.

Investment management services are included in a standard retainer engagement. Initial Year of Standard Retainer - Scheduled meeting topics are listed below. CFG will schedule meetings to cover those topics relevant to you, such as:
• Tax preparation
• Budgeting and cash flow
• Tax planning
• Record-keeping
• Inventory of client assets
• Retirement planning
• Portfolio analysis
• Goal setting
• Develop asset allocation strategies
• Estate planning review
• Recommend investments
• Small business planning
• Insurance analysis
• Education planning
• Analysis of employee benefits Renewal Years of Standard Retainer - Typical scheduled meetings:
• Tax planning & Tax preparation
• Goal setting/review
• Investment review/update
• Rebalancing of assets
• Financial planning and/or any financial services as requested or needed by client. 2. EDGE AHEAD: The Edge Ahead Agreement is designed for young professionals who have important financial questions and are in the accumulating-assets stage of life. The services included in Edge Ahead are narrower in scope than in a standard retainer engagement and usually focuses on one or more of the following areas: goal setting, asset/liability analysis, cash flow management, savings goals, investment review, budgeting, risk management, and record keeping. The engagement includes a financial review appointment and a simple tax return. Investment management services are included under an Edge Ahead agreement with follow-up advice being provided to monitor the fulfillment of the goals established. 3. FINANCIAL REVIEWS: CFG offers Standard Retainer Financial Reviews that are limited in scope, do not consist of investment management or tax preparation services, and consist of a one-time meeting of up to three hours reviewing selected financial planning topics selected in advance by the client. CFG also offers Edge Ahead Financial Reviews, which are also limited in scope and do not include investment management or tax preparation services to young professionals that consist of a meeting of up to two hours reviewing up to three financial planning topics selected in advance by the client. No follow-up services are provided with either of the Financial Review engagements. A Financial Review is not a comprehensive financial planning engagement, and as such no follow-up advice and/or implementation assistance is provided, no investment management services are provided, and no tax preparation services are provided with these engagements. CFG may delegate all, or a portion of, the assets in a client’s account to a third-party sub advisor (Asset Dedication, LLC) for ongoing supervision, investment management, and certain back-office services to the account. CFG will determine the target asset allocation, periodically review the account for reallocations, and direct the sub-advisor to rebalance and invest assets, as necessary. Clients are free to accept or reject the use of a third-party sub-advisor for their account at any time. Accounts managed by both CFG and Asset Dedication are done pursuant to the discretionary authority granted to them by the client. Assets Under Management As of December 31, 2022, CFG had approximately $401,685,763 in assets under discretionary management.