Firm Description Next Generation Investing, LLC, herein referred to (“NGI”) is a limited liability company founded and formed in 2008 under the laws of Kansas and is registered with the SEC. Roger Shumaker is a 60% owner in the company and Ryan Shumaker is a 40% owner. Types of Advisory Services NGI provides financial planning services and portfolio management for individuals, small businesses, charities, private foundations, endowments, businesses and institutional clients and act as model managers to separately managed accounts whose use can be licensed to other Registered Investment Advisors. Financial Planning Services NGI engages in financial planning services for a fee. Financial planning and consulting will typically involve providing a variety of services, principally advisory in nature, to clients regarding the management of their financial resources based upon an analysis of their individual needs. An Investment Advisory Representative of NGI will first conduct an initial consultation. After the initial consultation, if the client decides to engage NGI for financial planning services an Investment Adviser Representative will conduct follow up meetings as necessary, during which pertinent information about the client’s financial circumstances and objectives is collected. Once such information has been reviewed and analyzed, a financial plan – designed to achieve the client’s stated financial goals and objectives – may be presented to the client. Clients may act on the Firm’s recommendations by placing securities transactions with any brokerage firm the client chooses. The client is under no obligation to act on the Firm’s financial planning recommendations. Moreover, if the client elects to act on any of the recommendations, the client is under no obligation to implement the financial plan through NGI or any of its Investment Advisor Representatives. Financial plans are based on the client’s financial situation at the time the plan is presented and on financial information disclosed by the client to NGI. Clients are advised that certain assumptions may be made with respect to interest and inflation rates and use past trends and performance of markets and the economy. Past performance is in no way an indication of future performance and NGI cannot offer any guarantees or promises that the client’s financial goals and objectives will be met. As the client’s financial situation, goals, objectives, or needs change, the client must notify NGI promptly. Financial planning services provided in a written plan include, but are not limited to; a beneficiary checkup on accounts (retirement accounts, investment accounts, life insurance, etc.), evaluation of a client’s risk tolerance, a review of a client’s current investments (including 401k’s and IRA’s) with a breakdown of their current allocation vs. the recommended allocation based on responses from a client’s risk tolerance answers, income needs, etc., an assessment of life and health insurance, a review of a client’s tax situation and possible tax minimizations strategies that could be implemented based on the advice of a qualified tax professional, estate plan review and preparation for the potential 5 implementation under the guidance of a qualified attorney, income needs assessment and planning, and charitable giving optimization, among other things. Financial planning may be the only service provided to the client and does not require that the client use or purchase the investment advisory service offered by the associated persons of the Advisor. There is an inherent conflict of interest for the Advisor whenever a financial plan recommends use of professional investment management or the purchase of insurance products or other financial products or services that pay a commission. The Advisor, or its associated persons, may receive compensation for financial planning and the provision of investment management service and/or the sale of insurance and other products and services. Some advice for which a client paid a fee for may require the use of a broker/dealer in order to implement. If the client wants the applicant to implement such advice, World Equity Group, Inc. will be recommended to them. When placing securities transactions through it, they earn normal and customary sales commissions. The Advisor does not make any representation that any of these products or services are offered at the lowest available cost and the client may be able to obtain the same or similar products or service at a lower cost from other providers. The client is under no obligation to accept any of the recommendations of the Advisor or use the services of any of the associated persons of the Advisor if they are recommended in a plan. Portfolio Management NGI offers discretionary and non-discretionary continuous portfolio management services where the investment advice provided is tailored to meet the needs and investment objectives of the client. The Firm offers an initial consultation in which pertinent information about the client’s personal and financial circumstances and objectives is collected. As part of the investment management service, aspects of the client’s financial affairs are reviewed in addition to answers provided in a risk tolerance questionnaire to help determine a suitable allocation. As goals and objectives change over time, suggestions are made and implemented on an ongoing basis. The Adviser periodically reviews a client’s financial situation and portfolio through regular contact with the client which often includes an annual or semiannual meeting with the client. The adviser makes use of portfolio rebalancing software to bring portfolios back into their original allocation typically annually. Discretionary Arrangements Where NGI enters into discretionary arrangements with clients, NGI will be granted discretion and authority to manage the client’s account subject to any written guidelines that client may provide. For instance, if a client wishes to not own a particular stock or stock in any company in a particular industry in their account (like the alcohol industry) screens will be placed on their individual account so that such companies are not owned in their account. It is possible that some funds may purchase these excluded stocks and the screen only applied to individual stocks owned outright in an account. NGI is authorized to perform various functions, at the client’s expense, without further approval from the client. Such functions may include the determination of securities and the amount of securities to be purchased and/or sold. Once the portfolio is constructed, NGI provides ongoing supervision and rebalancing of the portfolio as changes in market conditions and client circumstances may require. 6 Non-Discretionary Arrangements For non-discretionary portfolio management services, NGI will monitor the client’s assets and will provide recommendations as to the client’s asset allocation typically during review meetings. The client is free at all times to accept or reject any investment recommendation from NGI. For non-discretionary portfolio management, NGI will implement recommendations upon obtaining client approval. NGI rarely engages in non-discretionary arrangements. Separate Account Management for Other Registered Investment Advisors NGI makes investment models available to other Registered Investment Advisors as separate accounts. Under this type of arrangement other Registered Investment Advisors are solely responsible for determining the suitability of each strategy and its use for each of their clients. NGI only offers this service through Goldman Sachs Advisor Solutions (formerly Folio Institutional) in order to ensure that clients of NGI and clients of other Registered Investment Advisors have trades placed at identical times. Other Registered Investment Advisors pay a licensing fee directly to NGI dependant on the level of assets they have subscribed to a given model. NGI does not receive any fees directly from clients of other Registered Investment Advisors. 3rd Party Manager Recommendations & Solicitations From time to time, representatives of NGI may recommend and solicit asset management of a 3rd party money manager. Full disclosure of any and all fees for such an arrangement would be disclosed at the time such solicitation takes place and would vary based on the 3rd party manager selected. Workshops and Seminars Representatives of NGI may conduct educational workshops and seminars. At times these events may be for a fee. See fees & compensation for further information. The scope of work and fee for all of these services is provided to the client in writing prior to the start of the relationship. The agreement sets forth the services to be provided, the fees for the service and the agreement may be terminated by either party in writing at any time. As of 2/28/2023 NGI manages approximately $128 million in assets for approximately 250 clients all of which is managed on a discretionary basis. Fees & Compensation NGI is compensated in 3 ways - 1)A fixed flat fee 2)an hourly charge 3)a percentage of assets under management. Listed below is a description of each compensation arrangement as well as possible conflicts of interest

regarding compensation. The Adviser reserves the right to terminate any financial planning engagement where a client has willfully concealed or has refused to provide pertinent information about financial situations when necessary and appropriate, in the Adviser’s judgment, to providing proper financial advice. Any unused portion of fees collected in advance will be refunded. Please visit page 14 to read about brokerage. 7 Fixed Flat Fee The negotiable flat fee ranges from $500 to $10,000 per plan, depending on the complexity of a client's financial situation. Half the fee is due in advance, the rest upon presentation of the plan. In addition, the Advisor may charge fees for financial planning workshops. When it does so the fee is up to $100, and is usually paid in advance, customarily through an online portal. IN ALL CASES, if a client cancels, any prepaid fees will be refunded on a pro-rated basis. Under no circumstances will NGI require prepayment of a fee more than 6 months in advance and in excess of $500, as services will be rendered within six months of the date of contract. Hourly Charge The Adviser provides hourly services for clients in addition to services for a flat fee for written financial plans or for those who need advice on a limited scope of work. Hourly fees are agreed upon in advance, are negotiable and are paid after the consultations. The negotiable hourly fee is up to $150. Percentage of Assets Under Management NGI manages client accounts (on a discretionary basis) for a negotiable fee based on a percentage of assets under management. Portfolio management fees may be negotiable depending on factors such as the amount of assets under management, range of investments, and complexity of the client’s financial circumstances, among others. The annualized maximum negotiable fee for portfolio management services are based on the following fee schedule: Maximum Annual Fee Schedule For AGGREGATE Amount of All Similar Type Accounts Held at FolioFN: First $250,000 0.1834% per month $250,000 - $500,000 0.1750% per month $500,000 - $1 Million 0.1667% per month $1 Million - $2 Million 0.1584% per month $2 Million+ 0.1500% per month Note: Goldman Sachs Advisor Solutions typically charges a .0084% fee for retirement accounts in addition to the fee Next Generation Investing, LLC charges. This fee is not calculated into the above fee schedule. The above fee schedule when invoiced to the client will appear as an annual percentage rather than as a monthly one. So in the example above the first $250,000 will be billed 0.1834% per month, which works out to be 2.20% a year. The next $250,000 would then be billed at 0.1750% per month (2.10% a year) and so on. The .0084% fee charged by Goldman Sachs Advisor Solutions is for brokerage and custodial services. Whether 0 trades are placed in a given year or a trade is placed every day, the fee they charge is the same to the client. This setup allows our firm to do unlimited trading during select ‘window’ trading times available multiple times each day for $0 in commission. If a trade needs to be placed outside the window trading time then a $3.95 per security fee applies. It also allows the firm to have minimums waived on certain lower cost institutional mutual funds. 8 Goldman Sachs Advisor Solutions may have additional fees for certain services. A full listing of those fees can be found at https://www.folioinstitutional.com/resources/service-fees.jsp. These are separate and distinct from any fees charged by the Adviser and in addition to the .0084% brokerage/custodial charge. Annual Fee Schedule For Accounts Held at Security Benefit: All 1% per year Note: Security Benefit typically charges a .25% annual fee in addition to the fee Next Generation Investing, LLC charges. This fee is not calculated into the above fee schedule. There is also a $35 a year administrative fee charged by Security Benefit for each individual account with a value of less than $50,000. Other fees may also apply from time to time, such as requests for distributions not processed through Security Benefit’s website or if certain investments are selected. At times a client’s account may be invested in ETF’s (exchange traded funds) or no-load mutual funds that carry additional internal fees to them. The fees and expenses charged by these product providers are separate and distinct from the management fee charged by the Adviser. These fees and expenses are described in each fund’s prospectus or in the offering memorandums of a partnership. These fees will generally include a management fee, other fund expenses and a possible distribution fee. A client could invest in certain mutual funds or investment partnerships directly without the services of the Adviser. Please note that the breakpoint pricing is NOT 'retroactive’: when a breakpoint is surpassed, the fees assessed are reduced only for the assets above each breakpoint. For example, if the fee for the first $250,000 in assets is 0.1834% and the fee for assets between $250,000-$500,000 is only 0.1750%, only the assets above $250,000 are assessed the lower 0.1750% fee. The first $250,000 would still be assessed a full 0.1834%. As an example, if a client had an account worth $500,000 their fee for the account would be 0.1792%. Please also note that fees for accounts at Goldman Sachs Advisor Solutions will be charged based on the total amount of all accounts of a similar type held at Goldman Sachs Advisor Solutions with Next Generation Investing, LLC and will be aggregated based on Social Security number. From time to time it may be advantageous for a client to open a separate account with a lower fee schedule on the Goldman Sachs Advisor Solutions platform. This account would not be charged the .084% fee but instead would be charged a commission for each transaction. These accounts would not count towards the aggregation total. Accounts held at Security Benefit will not be counted towards aggregate pricing breakpoints at Goldman Sachs Advisor Solutions either. The fee will be based on the gross value of your accounts, and will be paid in advance monthly directly from your account. A bill showing the amount of the fee, how it was calculated, and the value of the assets upon which the bill is based will be made available through your login at Goldman Sachs Advisor Solutions for accounts held there. For accounts at Security Benefit, the amount billed will be on each statement. Fees may be assessed pro rata in the event the portfolio management agreement is executed at any other time other than the first day of a calendar month. Due to technology limitations on Security Benefit’s platform the 1% annual fee will be billed at .09% of the account’s value on the first month of each quarter and .08% on other months. It is the responsibility of the client to verify the accuracy of all fee calculations. The agreement may be modified upon such terms as may be mutually agreed upon in writing. The agreement is terminable by you at any time, for any reason. Any fees paid in advance are nonrefundable, unless the client requests a refund in writing within 60 days of termination 9 of the agreement or within 60 days of their account being closed at Goldman Sachs Advisor Solutions or Security Benefit, whichever occurs first. In the event client requests in writing a refund of fees that were paid in advance, the fees will be refunded via check on a prorated basis. Either party may terminate the agreement upon written notice. The agreement is not assignable by Next Generation Investing, LLC without the advance written consent of the client. Goldman Sachs Advisor Solutions and Security Benefit do not offer a pro-rated refund of brokerage and/or custodial asset based fees nor do they offer a complete refund of fees charged if the client elects to transfer assets away prior to the end of the month. Conflicts of Interest Between Different Fee Structures The Adviser offers several different services detailed in this brochure that compensate the Adviser differently depending on the service selected. There is a conflict of interest for the Adviser and its associated personnel to recommend the services that offer a higher level of compensation to the Firm through either higher management fees or reduced administrative expenses. Please note that this conflict of interest is different and in addition to those listed under the ‘Financial Planning Services’ heading listed under the ‘Advisory Business’ section, which can be viewed on pages 4 and 5 of this document. The Adviser mitigates these conflicts through its procedures to review client accounts relative to the client or investors personal financial situation to ensure the investment management service provided is appropriate. Further, the Adviser is committed to its obligation to ensure associated persons adhere to the Firm’s Code of Ethics and to ensure that the Firm and its associated persons fulfill their fiduciary duty to clients or investors. Comparable services may be available elsewhere for less. Please see page 15 for more information regarding brokerage. Performance-Based Fees NGI does not engage in any performance based fees.