While Lane and Associates LLC d/b/a Lane Hipple – Wealth Management Group (“Lane Hipple” or the “Firm”) was founded in 2003, the firm’s principal and advisors have over 50 years of combined experience in the finance industry. Thomas A. Lane, Jr. is the firm’s principal. Andrew Hipple and Thomas A. Lane, III are also partners in the Firm. Lane Hipple provides personalized financial planning and/or investment management services. Clients advised include individuals, trusts, charitable organizations, and corporations. Financial Planning In a financial-planning based engagement, the client will supply to Lane Hipple information including income, income sources, investments, savings, insurance, tax, assets and liabilities, age and many other items that are helpful to the firm in assessing your financial goals. The information is typically provided during personal interviews and supplemented with written information. Once the information is received, we will discuss your financial needs and goals with you and compare your current financial situation with your stated goals. Once these are compared, we will create a financial and/or investment plan to help you meet your goals. The plan is intended to be a suggested blueprint of how to meet your goals. Not every plan will be the same for every client. Each one is specific to the client who requested it. Because the plan is based on information supplied by you, it is very important that you accurately and completely communicate to us the information we need. Also, your circumstances and needs may change as your engagement with us progresses. It is very important that you continually update us with any changes so that if the updates require changes to your plan, we can make those changes. Otherwise, your plan may no longer be accurate. If you request, Lane Hipple may recommend the services of other professionals for implementation purposes. You are under no obligation to engage the services of any such recommended professional. You retain absolute discretion over all such implementation decisions and are free to accept or reject any recommendations from Lane Hipple. If you engage any professional recommended by Lane Hipple, and a dispute arises thereafter relative to such engagement, you agree to seek recourse exclusively from and against the engaged professional. Asset Management Lane Hipple requires each client to place at least $250,000 with the firm. This minimum may be waived in the discretion of Lane Hipple. Asset management services are provided on a “discretionary” basis. When Lane Hipple is engaged to provide asset management services on a discretionary basis, we will monitor your accounts to ensure that they are meeting your asset allocation requirements. If any changes are needed to your investments, we will make the changes. These changes may involve selling a security or group of investments and buying others or keeping the proceeds in cash. You may at any time place restrictions on the types

of investments we may use on your behalf, or on the allocations to each security type. You will receive written or electronic confirmations from your account custodian after changes are made to your account. You will also receive monthly statements from your account custodian, unless there is zero activity in your account at which point the custodian will provide statements on a quarterly basis. Clients engaging us on a discretionary basis execute a Limited Power of Attorney (granting us the discretionary authority over the client accounts) as part of the agreements completed with the custodian as well as an Investment Management Agreement that outlines the responsibilities of both the client and Lane Hipple. We also use a third-party platform to facilitate management of held-away assets such as defined contribution plan participant accounts, with discretion. The platform allows us to avoid being considered to have custody of client funds since we do not have direct access to client log-in credentials to affect trades. We are not affiliated with the platform in any way and receive no compensation from them for using their platform. A link will be provided to the client allowing them to connect an account(s) to the platform. Once a client account(s) is connected to the platform, we will review the current account allocations. When deemed necessary, we will rebalance the account considering client investment goals and risk tolerance, and any change in allocations will consider current economic and market trends. 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 interests ahead of yours. Under this special rule's provisions, we must:
• Meet a professional standard of care when making investment recommendations;
• Never put our financial interests ahead of yours when making recommendations;
• 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. For more information about our conflicts of interest, please review items 5, 10, 11 and 14 or reach out to us using the contact information on the cover page of this brochure. As of December 31, 2022, Lane Hipple has total assets under management of $256,399,382. Of that total, $ 228,884,516 is managed on a discretionary basis and $ 27,514,866 on a non-discretionary basis.