Item 5 – Additional Compensation ............................................................................................... 17 Item 6 – Supervision ..................................................................................................................... 17 Endurance Wealth Management, Inc. (Endurance), a Registered Investment Advisor (RIA), is 100% owned and managed by J. Michael Costello. Mike earned his Bachelor of Arts degree from Boston College, is a Chartered Financial Analyst and has over 30 years of experience in the investment management business. Based in Providence, RI, Endurance provides investment advisory services and manages investment advisory accounts on a discretionary basis for clients on a fee-based system, manages a large account on a non-discretionary basis and provides financial planning services in certain circumstances. Endurance specializes in meeting the investment objectives of high-net-worth individuals and families, entrepreneurs, pensions and profit-sharing plans, trusts, estates, charitable organizations and corporations or other business organizations. Endurance’s team of highly professional portfolio managers and researchers customize portfolio solutions for each client to meet their growth, income, tax requirements, risk constraints, time horizons and other financial requirements and circumstances. Endurance and its employees have the fiduciary obligation of a duty of care, a duty of loyalty and the duty to follow their client’s instructions. Endurance and its employees place the interests of its clients first and serve each client to the best of their care, skill, honesty, integrity, competency, prudence and diligence under the circumstances then prevailing. Endurance and its employees exercise their responsibilities based on the investment objectives and the needs of the investor without regard to the financial and other interests of Endurance or any related entity or other party. Endurance is committed to the preservation of each client’s capital and to the growth of their portfolios over the longer term. We are deemed to be a fiduciary to advisory clients that are employee benefit plans or individual retirement accounts (“IRAs”) pursuant to the Employee Retirement Income and Securities Act (“ERISA”), and regulations under the Internal Revenue Code of 1986 (“the Code”), respectively. As such, we are subject to specific duties and obligations under ERISA and the Code that include among other things, restrictions concerning certain forms of compensation.” When we assist you with retirement plan accounts, if our assistance includes a recommendation to roll retirement assets under our management, the resulting compensation for our advice presents a conflict of interest. When you leave an employer there are typically four options regarding an existing retirement plan account and you may use a combination of these options; 1) if permitted, leave the funds in your former employer’s plan, 2) if roll overs are permitted and you have a new employer with a plan available, roll over the funds to your new employer’s plan, 3) roll over to an Individual Retirement

Account (“IRA”), or 4) withdraw or cash out your funds form the plan which may have adverse tax consequences depending on your age. When we recommend that you roll over your retirement plan assets into an account to be managed by us, such a recommendation creates a conflict (benefit to us) when we earn an advisory fee on your rolled over funds. You are under no obligation to roll over retirement plan assets to an account managed by us. To accomplish these client objectives, our portfolio managers develop a Client Investment Profile with and for each client. They select and recommend a mix of investments appropriate to achieve the client's needs for growth, income, liquidity, and tax considerations, while staying within the client's tolerance for risk and volatility. Endurance also honors client requests not to invest in certain socially conscious issues. These investment strategies are reviewed thoroughly with the client at least once in every calendar year, or upon a change in the client's circumstances or a significant change in a client’s investable funds. Our Investment Committee, composed of our portfolio managers and research department, uses the recommendations of Endurance’s research professionals to develop, maintain and modify its list of recommended stocks and to select taxable and tax-exempt fixed income securities. Equity securities include exchange-listed securities, securities traded over the counter, foreign issuers, Exchange Traded Funds (ETF's), options on securities, and occasionally warrants. We may purchase the preferred stock of a recommended company, rather than the common stock, when we determine it is a more appropriate investment. Fixed income opportunities include domestic and international, government and corporate securities. We place short-term investment requirements in Money Market Mutual funds, high grade Commercial Paper, Certificates of Deposit of banks with assets in excess of $5 billion and repurchase agreements secured by US Government securities. Mutual funds will often be selected for small, related family accounts to meet their investment diversity and liquidity requirements economically and prudently. Our research team evaluates the global and domestic economic, financial and political landscapes and reevaluates the risks in the equity and fixed income markets. Critical to this analysis is the distinction between short-term aberrations and longer-term trends. In addition to the fundamental and technical research provided by our research professionals, Endurance's Investment Committee also refers to information obtained from other sources. These may include financial newspapers and periodicals, corporate rating services, research material provided by other well-known professionals, annual reports, prospectuses, documents filed with the Securities and Exchange Commission and company press releases. As of December 31, 2022, Endurance managed approximately $912,561,814 of assets on a fully discretionary basis and $116,502,582 on a non-discretionary basis. To protect client securities and funds, all client assets are held by a qualified custodian.