Firm Description THE ELLERSON GROUP, INC., was founded in 1995. THE ELLERSON GROUP, 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. THE ELLERSON GROUP, INC. is strictly a fee-only financial planning and investment management firm. The firm does not sell annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products. The firm is not affiliated with entities that sell financial products or securities. No commissions in any form are accepted. No finder’s fees are accepted. THE ELLERSON GROUP, INC. does not act as a custodian of client assets. The client always maintains asset control. THE ELLERSON GROUP, INC. places trades for clients under a limited power of attorney. A written evaluation of each client's initial situation is provided to the client, often in the form of a net worth statement. 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. Conflicts of interest will be disclosed to the client in the unlikely event they should occur. The initial meeting, which may be by telephone, is free of charge and is considered an exploratory interview to determine the extent to which financial planning and investment management may be beneficial to the client. Principal Owner James P. Ellerson is a 100% owner. Types of Advisory Services THE ELLERSON GROUP, INC. provides investment supervisory services, also known as asset management services; manages investment advisory accounts not involving investment supervisory services and furnishes investment advice through consultations. On more than an occasional basis, THE ELLERSON GROUP, 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. As of February 15, 2023, THE ELLERSON GROUP, INC. manages approximately $202 million in assets for approximately 100 clients. Approximately $199 million is managed on a discretionary basis, and $2.7 million non-discretionary. Tailored Relationships The goals and objectives for each client are documented in our client meetings Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without client consent. Types of Agreements The following agreements define the typical client relationships. Advisory Service Agreement Clients choose to have THE ELLERSON GROUP, INC. manage their assets to obtain ongoing in-depth advice and life planning. All aspects of the client’s financial affairs are reviewed, including those of their children. Realistic and measurable goals are set and objectives to reach those goals are defined. As goals and objectives change over time, suggestions are

made and implemented on an ongoing basis. The scope of work and fee for an Advisory Service Agreement is provided to the client in writing prior to the start of the relationship. An Advisory Service Agreement can include: a financial plan, cash flow management; insurance review; investment management (including performance reporting); education planning; retirement planning; and estate planning, as well as the implementation of recommendations within each area. The annual Advisory Service Agreement fee is based on a percentage of the investable assets according to the following schedule: _1.50%_ on the first $500,000; _1.20%_ on the next $500,000 (from 500,001 to 1,000,000) _1.00%_ on the next $1,000,000 (from 1,000,001 to 2,000,000) _0.85%_ on the next $1,000,000 (from 2,000,001 to 3,000,000) _0.65%_ on the next $1,000,000 (from 3,000,001 to 4,000,000) _0.50% _ on all assets above $4,000,001. The minimum annual fee is $7,500 and is negotiable. Current client relationships may exist where the fees are higher or lower than the fee schedule above. Although the Advisory Service Agreement is an ongoing agreement and constant adjustments are required, the length of service to the client is at the client’s discretion. The client or the investment manager may terminate an Agreement by written notice to the other party. At termination, fees will be billed 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. Hourly Planning Engagements THE ELLERSON GROUP, INC. provides hourly planning services for clients who need advice on a limited scope of work. The hourly rate for limited scope engagements is $400 and is negotiable. Asset Management Assets are invested primarily in no-load or low-load mutual funds and exchange- traded funds, usually through discount brokers or fund companies. Fund companies charge each fund shareholder an investment management fee that is disclosed in the fund prospectus. Discount brokerages may charge a transaction fee for the purchase of some funds. Stocks and bonds may be purchased or sold through a brokerage account when appropriate. The brokerage firm charges a fee for stock and bond trades. THE ELLERSON GROUP, INC. does not receive any compensation, in any form, from fund companies. Investments may also include: equities (stocks), warrants, corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (mutual funds shares), U. S. government securities, options contracts, futures contracts, and interests in partnerships. Initial public offerings (IPOs) are not available through THE ELLERSON GROUP, INC.. Termination of Agreement A Client may terminate any of the aforementioned agreements at any time by notifying THE ELLERSON GROUP, INC. in writing and paying the rate for the time spent on the investment advisory engagement prior to notification of termination. If the client made an advance payment, THE ELLERSON GROUP, INC. will refund any unearned portion of the advance payment. THE ELLERSON GROUP, INC. may terminate any of the aforementioned agreements at any time by notifying the client in writing. If the client made an advance payment, THE ELLERSON GROUP, INC. will refund any unearned portion of the advance payment.