Shilanski & Associates, Inc.

Shilanski & Associates, Inc. (SAAI) is an investment adviser firm established in 1981 and registered with the Securities and Exchange Commission. The firm offers wrap fee programs tailored to individual clients' investment objectives, financial goals, and risk tolerance. Services include asset management, financial planning, and investment portfolio management using various securities. The wrap fee covers advisory services, custody, clearing, and transaction execution. SAAI charges an annual fee ranging from 0.00% to 2.0% based on assets under management, debited quarterly. There is no minimum account size requirement, and clients can impose restrictions on investments. The firm may engage outside Portfolio Managers and utilizes Envestnet Asset Management, Inc. SAAI's investment analysis methods include fundamental, technical, and cyclical analysis, with associated risks such as market risk, strategy risk, and interest rate risk. Clients receive regular account reviews and statements. SAAI's associates adhere to a Code of Ethics emphasizing integrity, objectivity, and professionalism. The firm does not receive third-party economic benefits or compensate non-advisory personnel for client referrals. SAAI provides detailed information on its financial condition and has no impairments affecting its ability to meet client commitments.