Archer Investment Management, LLC (“AIM,” “we,” “us,” “our”) is an independent, fee-only registered investment advisor (“RIA”) that accepts its responsibility as a fiduciary to put the interests of clients first. Richard Archer is the principal owner of AIM. All portfolios are managed on a discretionary basis only. All advisors adhere to the Code of Ethics and Professional Conduct set forth by the CFA Institute. We strive to understand the unique goals and requirements of each client. In doing so, we design customized investment solutions to fulfill each client’s specific liability or funding needs. From the very beginning, our objective is to apply the strategies and ideas provided many large institutional investors to the management of our clients’ portfolios. Richard Archer, CFA, CFP, MBA launched Archer Investment Management, LLC in April 2008 with the goal of bringing institutional-level sophistication to individuals and nonprofit organizations. Richard Archer spent much of his career working with very large, complex institutional portfolios, and he translates these skills to AIM clients. Investment Services Our goal is to deliver institutional-grade investment practices and guidance to individual investors and nonprofits. Our approach is to build a prudent investment process around an Investment Policy Statement (“IPS”) that focuses on each client’s investment objectives, time frame, and comfort with risk. This philosophy is designed to achieve long-term investment goals and is based on five core principles. 1. Analyze each client’s current position. 2. Formalize each client’s IPS. 3. Implement each client’s IPS. 4. Diversify and allocate each client’s portfolio. 5. Monitor, supervise, and adjust each client’s portfolio pursuant to market changes. Our process is a disciplined, continuous cycle of planning, implementing, monitoring, and refining—a cycle we believe helps to ensure success in attaining each client’s overall financial objectives. Our Investment Philosophy AIM provides personalized investment advice for high-income professionals and successful families. Each client will receive customized investment strategies based on his or her specific circumstances and goals — and will always understand how those strategies work after discussion and explanation by AIM. Each client’s customized client website will clearly show exactly his or her portfolio’s returns and its ongoing progress toward the client’s financial goals; our communications line is always open whenever a client has questions. Along

with creating each client’s financial plan, our other focus is on developing the investment portfolio that will help each client reach his or her goals. Our investment approach is disciplined, unemotional, and highly diversified and AIM favors objective advice to “hot stocks” of the moment. Clients have the ability to tailor their portfolios to their needs. For instance, socially responsible and higher risk investment portfolios can be built upon request. Statements and Reports Charles Schwab & Co., Inc. (“Schwab”) is the custodian of most of AIM’s client accounts. Each month, Schwab sends each client a statement detailing the current positions and valuations. In addition, trade confirmations are sent by Schwab when AIM conducts a trade in an account. At the end of the year, all clients receive Forms 1099 for their taxable accounts and trade reconciliation statements on non-taxable accounts. The Schwab Alliance website offers an array of daily print-on-demand reports that clients can download. Most clients elect to receive statements and confirmations by email rather than by regular mail. Clients can also log in to their investment management portal at any time to view the net, after-fee performance of each account over various time periods. Additional Services In addition to investment management, we can assist clients with the following.
• Transferring and consolidating assets
• Comprehensive financial planning
• Investment consultation
• Estate planning
• Retirement planning o 401(k) and 403(b) rollovers and investment selection o Traditional and Roth IRAs o ORP and TSA plan management o Portfolio income generation
• Education funding o 529 plans and other savings vehicles
• Executive compensation o Stock options o Concentrated stock holdings o Deferred compensation
• Small business retirement plans o Individual 401(k)s o Personal Defined Benefit Plans o Qualified Retirement Plans o SEP IRAs o SIMPLE IRAs
• Financial life events such as inheritances, home purchases, etc. We offer a subscription model which includes everything that we offer except investment selection and management. We do not participate in wrap fee programs. Assets Under Management As of February 6, 2023, assets under management and number of accounts totaled: U.S. Dollar Amount Total Number of Accounts Discretionary: (a) $ 184,902,252 (d) 797 Non-Discretionary: (b) $ 0 (e) 0 Total: (c) $ 184,902,252 (f) 797