A. Description of the Advisory Firm VPWM Advisors is a Limited Liability Company organized in the state of Minnesota. The firm was formed in May of 2013, and the principal owner is Joseph S. McRae. In May 2016, the firm legally changed its name from NRP Advisors, LLC to VPWM Advisors, LLC. B. Types of Advisory Services VPWM Advisors d/b/a Vantage Point Wealth Management d/b/a FMS Financial Planning (hereinafter “VPWM”) offers the following services to advisory clients: Investment Supervisory Services VPWM offers ongoing portfolio management services based on the individual goals, objectives, time horizon, and risk tolerance of each client. VPWM creates an Investment Policy Statement for each client, which outlines the client’s current situation (income, tax levels, and risk tolerance levels) and then constructs a plan to aid in the selection of a portfolio that matches each client’s specific situation. Investment Supervisory Services include, but are not limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring VPWM evaluates the current investments of each client with respect to their risk tolerance levels and time horizon. VPWM will request discretionary authority from clients in order to select securities and execute transactions without permission from the client prior to each transaction. Risk tolerance levels are documented in the Investment Policy Statement, which is given to each client. Financial Planning Financial plans and financial planning may include, but are not limited to investment planning, life insurance, tax concerns, retirement planning, college planning, and debt/credit planning. These services are based on fixed fees or hourly fees and the final fee structure is documented in Exhibit II of the Financial Planning Agreement. Services Limited to Specific Types of Investments VPWM generally limits its investment

advice and/or money management to mutual funds, equities, bonds, fixed income, debt securities, ETFs, REITs, insurance products including annuities, private placements, and government securities. VPWM may use other securities as well to help diversify a portfolio when applicable. C. Client-Tailored Services and Client-Imposed Restrictions VPWM offers the same suite of services to all of its clients. However, specific client investment strategies and their implementation are dependent upon the Client Investment Policy Statement which outlines each client’s current situation (income, tax levels, and risk tolerance levels) and is used to construct a client- specific plan to aid in the selection of a portfolio that matches restrictions, needs, and targets. Clients may impose restrictions in investing in certain securities or types of securities in accordance with their values or beliefs. However, if the restrictions prevent VPWM from properly servicing the client account, or if the restrictions would require VPWM to deviate from its standard suite of services, VPWM reserves the right to end the relationship. D. Wrap Fee Programs VPWM acts as portfolio manager for and sponsor of a wrap fee program, which is an investment program where the Client pays one stated fee that includes management fees, transaction costs, and other administrative fees. However, this brochure describes VPWM’s non-wrap fee advisory services; Clients utilizing VPWM’s wrap fee portfolio management should see the separate Wrap Fee Program Brochure. VPWM manages the investments in the wrap fee program but does not manage those wrap fee accounts any differently than it would manage non-wrap fee accounts. Fees paid under the wrap fee program will be given to VPWM as a management fee. Please also see Item 5 and Item 12 of this brochure. E. Amounts Under Management VPWM has the following assets under management: Discretionary Amounts Non-Discretionary Amounts Date Calculated $ 285,922,359 $ 41,831,708 December 2023