Description of Firm Parker Advisory Group, LLC is a registered investment adviser based in St. George, Utah. We are organized as a limited liability company under the laws of the State of Utah. We have been providing investment advisory services since October 01, 2009. We are owned by Chad W. Parker.
The following paragraphs describe our services and fees. 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 Parker Advisory Group and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
FINANCIAL PLANNING AND CONSULTING SERVICES : We offer financial planning services which typically involves providing a variety of advisory services to clients regarding the management of their financial resources based upon an analysis of their individual needs. These services can range from broad-based financial planning to consultative or single subject planning. If you retain our firm for financial planning services, we will meet with you to gather information about your financial circumstances and objectives. Once we specify those long-term objectives (both financial and non-financial), we will develop shorter-term, targeted objectives. Once we review and analyze the information you provide to our firm, we will deliver a written plan to you, designed to help you achieve your stated financial goals and objectives.
In general, the financial plan may include, but is not limited to the following:
•retirement and financial planning independence
•estate planning
•risk analysis for life, disability, and long term care
•cash flow and debt management
•investment planning Typically we will present the financial plan to you within 30 days of the contract date, provided that you have promptly provided all information needed to prepare the financial plan. 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 and are not product specific.
Financial plans are based on your financial situation at the time we present the plan to you, and on the financial information you provide to us. You must promptly notify our firm if your financial situation, goals, objectives, or needs change.
You are under no obligation to act on our financial planning recommendations. Should you choose to act on any of our recommendations, you are not obligated to implement the financial plan through any of our other investment advisory services. Moreover, you may act on our recommendations by placing securities transactions with any brokerage firm.
4 ASSET MANAGEMENT SERVICES We offer asset management services on a discretionary and/or non-discretionary basis where our investment advice is tailored to meet our clients' individual needs and investment objectives. These services include an initial consultation along with follow up consultations, as may be required, to discuss your unique investment objectives, time horizon, risk tolerance, tax circumstances, and various other financial factors. We will ask that you complete certain investor questionnaires, onboarding forms, and other documents to assist us in gathering information about your financial needs and circumstances.
Based on our evaluation of the foregoing factors, we will use the information we gather to develop a strategy that enables our firm to give you continuous and focused investment advice and/or to make investments on your behalf. Once we construct an investment portfolio for you, we will monitor your portfolio's performance on an ongoing basis, and will rebalance the portfolio as required by changes in market conditions and/or in your financial circumstances.
As part of our asset management services, you may grant our firm discretionary authority to manage your account. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without your approval prior to each transaction. Alternatively, you may grant our firm non-discretionary authority over your account, which requires our firm to obtain your prior approval before each transaction executed in your account. Please see Item 16 (Investment Discretionary) of this Disclosure Brochure for more information on management authority.
Our asset management services are provided to you primarily through a "turn key asset management program" (a "TAMP") sponsored by SEI Investments Management Corporation, and its affiliates, SEI Private Trust Company and SEI Global Services, Inc. (collectively, "SEI"). We provide access to asset management services through SEI's Management Programs: the Tax-Controlled Program and the Managed Accounts Program. Our arrangement with SEI further provides us with a variety of account, performance, due diligence, research and risk management tools and administrative services which allow us to more efficiently deliver advisory services to you. We may recommend other TAMPs as may be appropriate for our clients.
At our discretion we may approve the transferring of an existing asset management account(s) (that may not meet our approval requirements) to one of the asset management programs listed below with the understanding that the account will be moved to an approved program within a 6 to 12 month time frame. The asset management programs are listed below with a brief outline of how they are designed: SEI Investments Management Corporation ("SIMC") provides several programs or portfolios for different client needs. Common to all these platforms or portfolios are the following steps: 1. Determine the investor's risk profile and investment objectives. We assist in determining your investment objectives, investment time horizon, and risk profile by means of an interview process and the completion of a questionnaire. 2. Set a relevant asset allocation policy. You will agree to one or many mutual fund asset allocations or separate account (individual securities) models. You may also purchase the individual mutual funds without choosing one of the asset allocation models. If you choose to do so, automatic rebalancing to model allocation and recommended model allocation changes may be available. 3. Diversify among asset classes and styles. The investment managers of the underlying mutual 5 funds are selected by SEI Financial Management Corporation. SEI utilizes independent, institutional investment firms. The managers are monitored by SEI to ensure that their investment styles and performance remain consistent with the objectives of the mutual funds. 4. Rebalance the investor's portfolio. Rebalancing maintains the proper allocation to each asset class in the model. Rebalancing occurs automatically if the underlying mutual funds deviate from the prescribed quarterly allocation by greater than a 2% variance (3% for tax managed accounts). Rebalancing occurs quarterly with no transaction fees. 5. Report results. SEI Trust Company (a subsidiary of SEI Financial Corporation) acts as a transfer agent and custodian for your account. SEI Trust Company provides reporting services including; consolidated monthly statements, quarterly performance reports, and year-end tax reports. SEI's Tax-Controlled Program If suitable for you, we may suggest SEI's Tax-Controlled Program sponsored by SEI Investments Management Corporation ("SIMC"). To participate in this program, a tri-party agreement ("Tax- Controlled Agreement") is signed between SIMC, us and you that provides for the management of specified assets.
Through the Tax-Controlled Agreement, you appoint

us as your investment advisor to assist in selecting an asset allocation strategy. The strategy includes allocating set percentages of your assets to designated portfolios of separate securities (each, a "Separate Account Portfolio"). The strategy may include allocating assets to a portfolio of mutual funds sponsored by SIMC or to an affiliate of SIMC. You will appoint SIMC to manage the assets in each Separate Account Portfolio in accordance with a strategy you have selected with our assistance. SIMC may delegate its responsibility for selecting particular securities to one or more portfolio managers. This program seeks to manage taxes within each Separate Account Portfolio through an individually managed U.S. equity and/or laddered municipal bond component(s) within the structure of a globally diversified portfolio in order to meet an investor's long-term goals of managing taxes while controlling risk.
SEI's Managed Accounts Program We also participate in the Managed Accounts Program sponsored by SIMC. SIMC will have complete investment authority with respect to the Managed Accounts assets in order to carry out the strategy selected. SIMC may adjust the allocation of the account quarterly to ensure that the mix reflects the objectives of the chosen strategy. SIMC or its affiliates administer, distribute and in some cases advise the Managed Accounts and SEI Funds. SIMC's investment authority is effective until changed or revoked in writing.
For those accounts which apply a "manager of managers" structure, SIMC has the ultimate responsibility for the investment performance of the investment vehicles due to its responsibility to oversee the sub-advisors and recommend their hiring, termination and replacement. SIMC has the authority to determine the securities to be bought or sold in the Managed Account. SELECTION OF OTHER ADVISORS 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. Typically, we recommend the advisory services of John Hancock, American Funds, or SEI (as described above in the Asset Management Services section above). After gathering information about your financial situation and objectives, we may recommend that you engage a specific TPMM or investment program. Factors that we take into consideration when making our recommendation(s) include, but are not limited to, the following: the TPMM's performance, 6 methods of analysis, fees, your financial needs, investment goals, risk tolerance, and investment objectives. We will monitor the TPMM(s)' performance to ensure its management and investment style remains aligned with your investment goals and objectives.
In some instances, we will provide access to the John Hancock 401(k) Program, a customized investment management platform, which offers a suite of asset management programs called Lifecycle or Lifestyle Funds, as well as individual mutual funds. This allocation/investment management program utilizes open-end, no-load, and load waived, as well as, loaded mutual funds. With our assistance you will complete a profile questionnaire which assists in determining which of the many possible portfolio models is most appropriate based on your individual objectives, risk tolerance and overall financial goals. They may also choose individual mutual funds if they desire. Based on this information, a comprehensive investment strategy is developed and documented. John Hancock acting as the investment manager for the Program, selects appropriate mutual funds and/or a separate account manager consistent with the particular portfolio chosen. Investment allocation decisions, as well as, specific portfolio mutual fund selections are reviewed on a continual basis.
In limited instances, we have the ability to utilize American Funds for smaller accounts and simple IRAs. We will assist you in completing your profile questionnaire to determine portfolio model is most appropriate based on your individual objectives, risk tolerance and overall financial goals. Based on this information, a comprehensive investment strategy is developed and documented. American Funds will act as the investment manager for accounts held with American Funds and American Funds selects the appropriate mutual funds and/or a separate account manager consistent with the particular portfolio chosen. Investment allocation decisions, as well as, specific portfolio mutual fund selections are reviewed on a continual basis.
Custody of client assets is maintained by John Hancock, American Funds, and/or any other TPMM that we may recommend, with accounts registered in your name. You will receive a customized monthly and/or quarterly reports detailing, among other things, investment performance. We do not have discretion of assets held at John Hancock or American Funds. Types of Investments We offer advice on equity securities, corporate debt securities (other than commercial paper), municipal securities, mutual fund shares, United States government securities, money market funds, real estate, real estate investment trusts ('REITs"), exchange traded funds ("ETFs"), and interests in partnerships investing in real estate.
Additionally, we may advise you on various types of investments 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.
Since our investment strategies and advice are based on each client's specific financial situation, the investment advice we provide to you may be different or conflicting with the advice we give to other clients regarding the same security or investment.
Wrap Fee programs We do not participate in any wrap fee program. IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the 7 following acknowledgment to you. 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. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.
Assets under Management As of December 31, 2022 we provide continuous management services for $187,176,273 in client assets on a discretionary basis, and $0 on a non-discretionary basis. Additionally, we provide non- continuous management services for $11,508,495 in client assets as assets under our advisement.