Kirkwood Financial Services, LLC (“KFS” or “the Adviser”) was founded in Texas in January 2011. Jamin Kirkwood is the principal owner. Portfolio and Investment Management Services The Adviser provides monitoring of accounts on a discretionary basis to include investment allocation recommendations and reallocation of the portfolio when appropriate. The Adviser may execute securities transactions for clients without having to obtain specific client consent prior to each transaction. Discretionary authority is limited to investments within a client’s managed accounts. However, clients may impose restrictions on investing in certain securities or types of securities. When the Adviser manages client assets on a non-discretionary basis, the Adviser notifies the client and obtains permission prior to the sale or purchase of each security within the managed account. Clients may decide not to invest in certain securities or types of securities and may refuse to approve securities transactions. Sub-Advisory Services The Adviser may enter into sub-advisory agreements with various independent investment advisers (“Sub-advisers”) in order to be able to offer investment management services to clients. Sub-advisers are often chosen because they possess certain expertise in securities or investment strategies that the Adviser does not have. Sub-advisory relationships enable the Adviser to offer clients a broader range of services. Under separate agreement the Adviser will have the authority to allocate and reallocate client assets among various investment managers and will allocate assets to the Sub- advisers based on that authority. Sub-advisers are licensed as investment advisers by their resident states and other applicable jurisdictions or with the Securities and Exchange Commission. The Adviser will gather information about a client's financial situation and investment objectives. The Sub-adviser will have the power and authority to supervise and direct all investment decisions for those accounts designated by the Adviser on a discretionary basis, including the purchase and sale of securities and any other transactions unless specifically directed otherwise by the Adviser in writing. The Sub-adviser will have discretionary authority to aggregate (combine) purchases and sales of securities with similar orders of non-Adviser clients and proportionately divide up securities if unable to fill all orders. An account will be deemed to

have purchased or sold its proportionate share of the securities at the average price determined for the overall transaction when transactions are aggregated. More information on the Sub-adviser’s aggregation policies is shown in the Sub-Adviser’s brochure. Assets Under Management The Adviser manages $281,470,670 in client assets on a discretionary basis. The Adviser does provide portfolio management services to wrap fee programs. Financial Planning & Consulting Services The Adviser provides comprehensive and modular financial planning and consulting services consistent with a client’s financial and tax status, in addition to their risk tolerance and investment objectives. Comprehensive financial planning services generally include budgetary, estate, tax, business and other planning services as needed. Modular financial planning services may address one or more of the planning areas indicated or another service requested by a client. The Adviser starts the financial planning process by taking a financial inventory. This generally involves gathering enough data to perform an analysis of client liabilities, cash flow, net worth and tax assessments. The Adviser also evaluates client insurance coverage and needs. The Adviser’s next step typically involves assisting clients with formalizing their goals and plotting their investment timeline. Retainer Services Clients who elect to receive retainer services must have ongoing financial planning needs. The financial planning services and processes are similar to those that were previously described but include periodic reviews, updates and recommendations regarding cash flow and risk management, and investment, tax, estate, and retirement planning as requested by the client. Financial Planning Conflicts of Interest There is an incentive for the Adviser offering financial planning services to recommend products or services for which the Adviser or an associated person may receive compensation. A conflict of interest is created whenever the Adviser or an associated person of the Adviser recommends products or services to a client for which the Adviser or an associated person receives compensation. However, financial planning clients are under no obligation to act upon any recommendations of the Adviser or to execute any transactions through the Adviser or an associated person if they decide to follow the recommendations. See Item 10 of this document for additional information.