Item 5 Additional Compensation ................................................................................................................................................... 14 Item 6 Supervision ............................................................................................................................................................................... 14 v Supervised Person Brochure ............................................................................................................................................. 15 Part 2B of Form ADV ............................................................................................................................................................. 15 Brochure Supplement (Part 2B of Form ADV) ............................................................................................................. 16 Brian Flanagan .................................................................................................................................................................................... 16 Item 2 Educational Background and Business Experience ....................................................................................... 16 Item 3 Disciplinary Information ............................................................................................................................................... 16 Item 5 Additional Compensation .............................................................................................................................................. 17 Item 6 Supervision ............................................................................................................................................................................ 17 Firm Description Tim Looney Investments, LLC (“TLI”) was founded in 2012. Tim Looney is 50% owner. Brian Flanagan and John McCully are each 25% owners. TLI provides personalized confidential financial planning and investment management to primarily to individuals. 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. TLI is a fee based financial planning and investment management firm. The managing member also sells annuities and other insurance commissioned products as an independent insurance agent. Investment advice is provided with the client making the final decision on investment selection. TLI does not act as a custodian of client assets. An evaluation of each client's initial situation is provided to the client, often in the form of a net worth statement, risk analysis or similar document. 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, tax preparers, insurance agents, etc.) are engaged directly by the client on an as-needed basis and may charge fees of their own. Conflicts of interest will be disclosed to the client in the event they should occur. Types of Advisory Services TLI provides investment supervisory services, also known as asset management services and furnishes financial planning and investment advice through consultations. ASSET MANAGEMENT TLI’s principal service is providing investment advisory services based on the client’s specific investment objectives, goals and financial situation. Investment strategies, investment selection, asset allocation, portfolio monitoring and the overall investment program will be based on the above factors. The advisor practices custom management of portfolios, on a non-discretionary basis. TLI will determine the securities to be bought or sold and the amount of the securities to be bought or sold. However, TLI will obtain prior client approval before executing any transactions. ERISA PLAN SERVICES TLI provides service to qualified and non-qualified retirement plans including 401(k) plans, 403(b) plans, pension and profit sharing plans, cash balance plans, and deferred compensation plans. TLI will act as a 3(21) advisor: Limited Scope ERISA 3(21) Fiduciary. TLI typically acts as a limited scope ERISA 3(21) fiduciary that can advise, help and assist plan sponsors with their investment decisions on a non-discretionary basis. As an investment advisor TLI has a fiduciary duty to act in the best interest of the client. The plan sponsor is still ultimately responsible for the decisions made in their plan, though using TLI can help mitigate that plan sponsor’s liability

by following a diligent process. 1. Fiduciary Services are:
• Provide non-discretionary investment advice to the Client about asset classes and investment alternatives available for the Plan in accordance with the Plan’s investment policies and objectives. Client will make the final decision regarding the initial selection, retention, removal and addition of investment options. Advisor acknowledges that it is a fiduciary as defined in ERISA section 3 (21) (A) (ii).
• Assist the Client with the selection of a broad range of investment options consistent with ERISA Section 404(c) and the regulations thereunder.
• Assist the Client in the development of an investment policy statement (“IPS”). The IPS establishes the investment policies and objectives for the Plan. Client shall have the ultimate responsibility and authority to establish such policies and objectives and to adopt and amend the IPS.
• Assist in monitoring investment options by preparing periodic investment reports that document investment performance, consistency of fund management and conformance to the guidelines set forth in the IPS and make recommendations to maintain, remove or replace investment options.
• Meet with Client on a periodic basis to discuss the reports and the investment recommendations.
• Provide non-discretionary investment advice to the Plan Sponsor with respect to the selection of a qualified default investment alternative for participants who are automatically enrolled in the Plan or who have otherwise failed to make investment elections. The Client retains the sole responsibility to provide all notices to the Plan participants required under ERISA Section 404(c) (5). 2. Non-fiduciary Services are:
• Assist in the education of Plan participants about general investment information and the investment alternatives available to them under the Plan. Client understands the Advisor’s assistance in education of the Plan participants shall be consistent with and within the scope of the Department of Labor’s definition of investment education (Department of Labor Interpretive Bulletin 96-1). As such, the Advisor is not providing fiduciary advice as define by ERISA to the Plan participants. Advisor will not provide investment advice concerning the prudence of any investment option or combination of investment options for a particular participant or beneficiary under the Plan.
• Assist in the group enrollment meetings designed to increase retirement plan participation among the employees and investment and financial understanding by the employees. Advisor may provide these services or, alternatively, may arrange for the Plan’s other providers to offer these services, as agreed upon between Advisor and Client. 3. The Advisor has no responsibility to provide services related to the following types of assets (“Excluded Assets”):
• Employer securities;
• Real estate (except for real estate funds or publicly traded REITs);
• Stock brokerage accounts or mutual fund windows;
• Participant loans;
• Non-publicly traded partnership interests;
• Other non-publicly traded securities or property (other than collective trusts and similar vehicles); or
• Other hard-to-value or illiquid securities or property. Excluded Assets will not be included in calculation of Fees paid to the Advisor under this Agreement. FINANCIAL PLANNING TLI offers financial planning services for a fixed fee based on the client’s net worth and is described in Item 5 of this brochure. Services include but are not limited to a thorough review of all applicable topics including:
• Retirement Planning
• Budgeting
• Education Planning
• Asset Allocation
• Insurance needs If a conflict of interest exists between the interests of the investment advisor and the interests of the client, the client is under no obligation to act upon the investment advisor’s recommendation. If the client elects to act on any of the recommendations, the client is under no obligation to effect the transaction through TLI. Financial plans will be completed and delivered inside of thirty (30) days. FINANCIAL CONSULTING TLI offers consulting on a client’s financial needs based on an hourly fee basis and is described in Item 5 of this brochure. Financial consulting projects may include:
• Advise on mortgage refinancing and debt management;
• Review and reallocate asset allocation in 401(k), 403(b), 529 and other retirement and education plans;
• Budgets, Net Worth Statements and Cash Flow analysis; and/or
• Establish savings goals for retirement and education. Clients may terminate the advisory contract with TLI at any time by giving written notice. SEMINARS AND WORKSHOPS TLI holds seminars and workshops to educate the public on different types of investments and the different services they offer. The seminars are educational in nature and no specific investment or tax advice is given. TLI does not charge a fee for attendance to these seminars. Client Tailored Services and Client Imposed Restrictions The goals and objectives for each client are documented in our client files. Investment strategies are created that reflect the stated goals and objective. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without written client consent. Wrap Fee Programs TLI does not sponsor or participate in wrap fee programs. Client Assets under Management As of December 31, 2022, TLI had approximately $312,195,842 in client assets under management on a non-discretionary basis.