Firm Description Woodfield Financial Advisors Inc. was founded in 2009. Woodfield Financial Advisors, Inc. is the successor to Woodfield Planning Corporation which was founded in 1982. Woodfield Financial Advisors, Inc., provides personalized confidential financial planning and investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. Advice is provided through consultation with the client and may include determination of financial objectives, identification of financial problems, cash flow management, tax planning, insurance review, investment management, education funding, retirement planning, and estate planning. Principal Owners – James B. Dobbs is the sole stockholder. Types of Advisory Services Woodfield Financial Advisors, Inc. provides investment advisory services, also known as asset management services; furnishes investment advice consultations; issues special reports about securities; and issues, charts, graphs, formulas, or other devices which clients may use to evaluate securities. Many clients choose to have Woodfield Financial Advisors, Inc. manage their investable assets in order to obtain ongoing in-depth advice and life planning. Portfolio Management for individuals, small businesses, and institutional clients (other than investment companies) entails portfolio design based on risk tolerance, goals, age and past investment experience. We suggest an asset allocation model after completing an interview with the prospective client which includes a written risk questionnaire. After establishing an asset allocation model, we transfer assets to the selected investments. We then monitor portfolio performance and client reaction to market swings, recommending adjustments to asset allocation model if necessary. Portfolios will be rebalanced semi-annually to their respective original asset allocation model(s). All servicing of accounts will be performed by our firm. This includes but is not limited to; client requested distributions, additional investments, and registration changes. The quarterly Investment Advisory Agreement fee is based on a percentage of the investable assets according to the following schedule: 0.25%* (1% annual rate) of the account invested asset value at the beginning of the preceding quarter, adjusted for cash flows in/out of the account during the quarter (dividend and capital gain distribution activity is excluded from this calculation). [*applicable to the first $5 million aggregate client account(s) invested balance for all accounts held at Fidelity WealthScape, a quarterly fee of 0.20% (0.80% annual rate) applies to the aggregate client invested balance that exceeds $5 million asset value] The client or Woodfield Financial Advisors, Inc. may terminate an Investment Advisory Agreement by written notice to the other party. At termination, fees will be charged on a pro rata basis for the portion of the quarter completed. The portfolio value at the completion of the prior full billing quarter is used as the basis for the fee computation, adjusted for the number of days during the billing quarter prior to termination. As of December 31, 2023, Woodfield Financial Advisors, Inc. manages approximately $132,898,864 on a discretionary basis and $29,755,657 on a non-discretionary basis. We do not participate in wrap fee accounts. On more than an occasional basis, Woodfield Financial Advisors, Inc. furnishes advice to clients on matters not involving securities, such as financial planning matters, taxation issues, and trust services that often include estate planning. Tailored Relationships The goals and objectives for each client are documented. Investment policy statements may be created that reflect the stated goals and objectives. Clients may impose restrictions on investing in certain securities or types of securities. A financial plan is designed to help the client with all aspects of financial planning and may include an ongoing Investment Advisory Agreement after the financial plan is completed (see section titled Investment Advisory Agreement). Planning may be done on an hourly basis if desired by the client. The hourly rate for limited scope engagements is $300. Single fee engagements may also be arranged. The initial meeting may be by telephone, video chat, or in person, is free of charge and is considered an exploratory interview to determine the extent to which financial planning and investment advisory services may be beneficial to the client. The financial plan may include but is not limited to: a net worth statement; cash flow management; strategic tax planning;

a review of insurance policies and coverage levels, estate planning, education planning, review of retirement accounts, and plans including investment allocation in 401k and other accounts where client has discretion over the asset allocation model; a review of investment accounts. A written evaluation of each client's initial situation as well as our recommendations is provided to the client. Periodic reviews are also communicated to provide reminders of the specific courses of action that need to be taken. More frequent reviews occur but are not necessarily communicated to the client unless immediate changes are recommended. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) are engaged directly by the client on an as-needed basis. Detailed investment advice and specific recommendations are provided as part of a financial plan. Implementation of the recommendations is at the discretion of the client. Net worth Statement includes preparation of a detailed statement of the clients’ financial condition including all assets, liabilities. (1-2 hours) Cash flow management could include advice on which investment to take distributions from for income needs or required minimum distributions. We may give advice on what order debts should be paid down. For example; paying down credit card debt would usually be a priority. (1-6 hours) Tax planning could include advice about the advantages of retirement plan contributions (through employment or individually) to fund retirement and reduce current income taxes. Giving advice on which assets will generate the least tax liability upon taking distributions. Tax efficient wealth transfer strategies. (1-6 hours) Insurance planning may include a review of client’s auto, homeowners, life, disability, long term care and health insurance (when applicable) and give advice tailored to individual situation. Our recommendations may result in our implementing changes or may result in our directing client to make changes through employer benefits department or current agent. (1-6 hours) Estate Planning for our clients is generally accomplished with the collaboration of an estate planning attorney and an accountant. Our main concern is that the client’s assets are distributed according to their wishes with the least tax liability for the client’s heirs. The decision whether our client uses a will or trust, or other beneficiary arrangements are ultimately between the client and their attorney. We will assist in implementing changes in registration or beneficiaries for client’s assets. In some cases, Life insurance will be required to accomplish the estate plan. This might be necessary to pay the outstanding balance on a mortgage, so the spouse does not have their living standard reduced during their remaining years. It may be used to fund a “buy/sell” agreement for business owners to heirs to be compensated for their share of the business. (1-6 hours) Education funding is calculated based upon the current cost of schooling, expected rate of return, anticipated inflation rate and date at which funds will be required. The need will be satisfied with the option of a lump sum investment today or monthly investment until the time that school begins. After the need is determined and agreed on, we will implement the program if our client approves. Typically, this will involve using mutual funds within a 529 plan or UTMA account depending on the specific situation. (1-5 hours) Retirement planning consists of doing an analysis based on our client’s estimated monthly income need after retirement. We will take into consideration current invested assets including current retirement plans, future pensions and social security benefits when analyzing income required. If there is an anticipated shortfall, we will suggest that the client begin saving the pre-determined amount to accumulate enough assets to allow monthly distributions that will satisfy the shortfall. Lastly, we will implement this strategy typically utilizing a portfolio of “no load” mutual funds that matches the client’s tolerance for risk. After retirement we continually monitor portfolio performance as well as client withdrawals. If a client is making excessive withdrawals, we will counsel restraint. Our estimates regarding performance tend to be conservative. This is meant to give a little “comfort zone” to prevent depleting assets prior to the point when the need no longer exists. (2-7 hours) The goals and objectives for each client are documented. Clients may impose restrictions on investing in certain securities or types of securities.