Established in 1983, Curbstone Financial Management Corporation ("Curbstone") is a SEC registered investment adviser. The firm has three owners, Thomas M. Lewry, Melvin J. Severance III, and Pamela Diamantis. Thomas Lewry is the firm's President and primary owner. Investment management is the foundation of Curbstone Financial Management Corporation's services, provided on a discretionary basis. The Firm's management style emphasizes an asset allocation discipline sensitive to each client's return requirements, tolerance for risk, time horizon and income needs. Based on these factors, the Firm and the client collaboratively agree on an appropriate investment objective, memorializing the goal and the desired asset allocation in the Investment Policy Statement. Curbstone then constructs a portfolio that aligns with the client's objective. Curbstone will honor any reasonable investment restrictions imposed by the client, provided that the instructions are in writing.
In working with clients, the Firm assists clients in thinking holistically about their financial circumstances. These discussions may go beyond the immediate investment management need. In such cases, Curbstone does not receive any additional compensation beyond the investment management fee, nor is the Firm responsible for the implementation of any planning recommendations that result from such discussions. Curbstone utilizes an in-house, independent investment management process that keeps the client's interest in the forefront of all decision-making.
Curbstone accepts qualified plan "rollover" accounts in adherence with applicable regulatory requirements. The firm works to ensure that potential clients fully understand the options available to them including the option of leaving the assets in their employer-sponsored plan.
Effective December 20, 2021 (or such later date as

the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, Curbstone is providing the following acknowledgment to you. When Curbstone provides investment advice to clients regarding retirement plan accounts or individual retirement accounts, Curbstone is a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way Curbstone makes money creates some conflicts with clients' interests, so Curbstone operates under a special rule that requires Curbstone to act in clients' best interest and not put Curbstone's interest ahead of clients. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal advice);
•Avoid misleading statements about conflicts of interest, fees and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest. 4 Curbstone benefits financially from the rollover of client assets from a retirement account to an account that Curbstone manages or provides investment advice, because the assets increase Curbstone's assets under management and, in turn, Curbstone's advisory fees. As a fiduciary, Curbstone only recommends a rollover when Curbstone believes it is in client's best interest.
As of March 31, 2023, Curbstone had a total of $336,616,014 in discretionary client assets under management.