Waters, Parkerson & Co., LLC is a registered investment adviser founded in 1933 and owned by J. Baldwin Montgomery, Devin J. Wakeman, David T. Pointer, Michael B. Whealdon, and L. Reiss Eagan. The firm offers discretionary and non-discretionary investment advisory services on a fee-only basis, with fees ranging from negotiable to 1.00% based on the market value of assets managed. The minimum annual fee is $10,000. Clients can receive consultation services on various matters without additional fees. The firm does not serve as an attorney, accountant, or insurance agent. Clients have the discretion to engage recommended professionals for non-investment purposes. Waters, Parkerson & Co., LLC does not participate in wrap fee programs and had $2,560,869,782 in assets under management on a discretionary basis as of December 31, 2024. The firm does not accept performance-based fees and primarily allocates client assets among individual equity and fixed income securities based on client objectives. Waters, Parkerson & Co., LLC recommends Schwab as a broker-dealer/custodian and does not receive compensation for client referrals. The firm may receive support services from Schwab but does not charge clients more for transactions. Clients can grant the firm investment discretion and impose restrictions as needed. The firm is responsible for voting client proxies and offers assistance with class-action matters through an unaffiliated service provider. Clients are encouraged to review financial planning issues annually. For further inquiries, clients can contact the Chief Compliance Officer, Julie W. Burlingame.

Sisung Investment Management Services, LLC (SIMS) is a registered investment advisor established in 1995, managing over $1 billion in assets for corporations, public institutions, and high net worth individuals. The firm's investment committee, with over a hundred years of combined experience, focuses on creating diversified portfolios with managed risks tailored to clients' needs. SIMS offers discretionary and non-discretionary advisory services, including investment supervisory services with a variety of securities such as exchange-listed securities, ETFs, and government and corporate debt. Clients receive continuous and regular supervisory services based on individual needs, including specific investment restrictions if desired. SIMS' fee structure is based on a percentage of assets under management, with negotiable management fees. The firm's investment strategies include Strategic Cash Management, Fixed Income Management, and Equity Management, utilizing fundamental, technical, and cyclical analysis to make informed investment decisions. SIMS does not sponsor Wrap Fee Programs and has no minimum account size requirement. The firm upholds a Code of Ethics to ensure client interests are prioritized, and clients receive periodic portfolio reviews and detailed reports. SIMS does not hold custody of client assets, and clients' securities are held at qualified custodians. The firm also provides proxy voting services and maintains transparency in its voting practices. SIMS is a fiduciary acting in clients' best interests and is registered with the SEC.

Stokes Family Office LLC is a registered investment adviser founded in 2019 and owned by Gregory Stokes and Douglas Stokes. The firm offers Wealth Management, Retirement Plan Consulting, and Family Office Services. Clients can engage in discretionary or non-discretionary portfolio management, including private placements for Qualified Clients and Accredited Investors. The firm may allocate a portion of a portfolio to separate account managers based on individual client circumstances. Stokes Family Office tailors its services to meet clients' needs, continuously monitoring portfolios and conducting annual reviews. The firm charges fees based on assets under management, with Wealth Management fees ranging from 0.25% to 1.50%. Clients can impose reasonable restrictions on account management. Stokes Family Office recommends the use of custodial services from Fidelity, Schwab, or Pershing for investment accounts. The firm receives software and support from these custodians at no cost. Stokes Family Office does not participate in wrap fee programs and does not accept proxy voting authority. The firm does not have custody of client funds unless authorized for fee deductions. Stokes Family Office does not disclose financial information as it does not require prepayment exceeding $1,200 or have financial conditions impairing client commitments.

Advantage Capital is a financial advisory firm based in New Orleans, Louisiana. It currently has approximately $570,040,744 of assets under management and employs about 150 people. Advantage Capital uses a fee structure of performance-based fees and percentage of capital contributed.

Black Bay Energy Capital, LLC is a financial advisory firm based in New Orleans, Louisiana. It currently has approximately $534,524,143 of assets under management and employs about 8 people. Black Bay Energy Capital, LLC uses a fee structure of a percentage of assets under your management and performance-based fees.

Hubbell Strickland Wealth Management, LLC is a registered investment adviser offering financial planning, consulting, and investment management services. Established in May 2019, the firm is owned by Steven J. Hubbell, Carson W. Strickland, and Todd S. Hubbell. As of 12/31/24, the firm had $540,333,694 of assets under management, with services provided on a discretionary or non-discretionary basis. Clients have the option to engage in financial planning and consulting services, with fees ranging from $1,000 to $25,000. Wealth management services are offered for an annual fee based on assets under management, with a tiered fee schedule. The firm primarily allocates client assets among various mutual funds, ETFs, ETNs, and individual securities based on client objectives. Investment strategies focus on fundamental analysis and asset allocation to optimize risk and reward. Clients have the discretion to make additions or withdrawals from their accounts, with account reviews conducted at least annually. The firm does not provide services for a performance-based fee and does not impose minimum account requirements. Hubbell Strickland Wealth Management, LLC does not accept proxy voting authority and has not been involved in any material legal or disciplinary events.

Enhanced Capital Partners, LLC, a registered investment adviser established in 2014, specializes in providing securities-related investment advisory services focused on renewable energy, historic real estate rehabilitation, and affordable housing projects. The firm manages discretionary regulatory assets under management of $373,088,996 and non-discretionary regulatory assets under management of $501,880,463 as of December 31, 2024. Enhanced's investment strategy involves seeking economically viable investments with competent management and market potential, applying a thematic framework to generate positive economic and environmental impact alongside financial return. The firm tailors investment advice to individual client needs and objectives, aligning with responsible investing directives. Enhanced's clients include the Texas Fund, SBIC Fund, Clifford Funds, and Climate Fund, with investments tailored to each client's mandates and restrictions. The firm follows a disciplined investment process involving six phases and closely monitors portfolio investments. Enhanced operates independently from affiliated entities and maintains a separate investment program. The firm does not receive compensation from broker-dealers and has custody of client assets, subject to regulatory requirements. Enhanced has discretionary authority over client investments, except for the Clifford Funds and Climate Fund. The firm's proxy voting policy aligns with its responsible investing approach. Enhanced has no financial commitments impairing its ability to meet contractual and fiduciary obligations.

Delta Financial Advisors, LLC is an independent investment advisory and financial planning firm based in New Orleans, Louisiana, established in 2002 by Gerard A. Plauché and Ainsley D. Bishop. Plauché, a Chartered Financial Analyst, co-founded the firm and has a background in finance and investment management. Bishop, with a background in psychology and an MBA, joined the firm in 2004. The firm offers investment supervisory services on both discretionary and non-discretionary bases, tailoring advice to individual client needs and goals. They provide advice on various investments, primarily focusing on U.S. securities such as stocks, bonds, mutual funds, and ETFs. Additionally, they offer comprehensive financial planning services covering tax, estate, retirement, and insurance planning. As of December 31, 2024, the firm had over $429 million in assets under management. Clients have the option to impose restrictions on their investments, and the firm may manage accounts based on available information if certain details are withheld. The firm charges fees based on a percentage of assets under management, with a tiered annual fee schedule. Clients may also incur commissions from brokers for trades. The firm operates under a Code of Ethics emphasizing integrity, competence, and client interests. They review portfolios quarterly and provide detailed reports to clients. The firm may recommend Schwab as a custodian and broker, offering a range of services and products to benefit clients' accounts. The firm has no disciplinary events, financial impairments, or bankruptcy history in the past ten years. Clients must have a minimum account size of $500,000.

Hancock Whitney Investment Services, Inc. (HWIS) is a Registered Investment Adviser established in 1995, affiliated with Hancock Whitney Corporation. Specializing in managed account programs, HWIS offers separately managed accounts and fund strategy portfolios through Program Sponsors. As of December 31, 2024, HWIS managed approximately $202 million in assets on a discretionary basis. Clients pay a wrap fee ranging from 0.10% to 0.25% of assets under management, set by the Platform Manager. Minimum account size for HWIS SMA Program accounts is typically $60,000. HWIS utilizes fundamental and quantitative analysis for investment selection, offering various securities including stocks, ETFs, fixed income, and mutual funds. The firm does not charge performance-based fees and does not provide side-by-side management. HWIS does not have brokerage discretion and does not execute trades for managed accounts. Clients are encouraged to review the Program Sponsor's disclosure brochure for detailed fee structures and account requirements. HWIS has a Code of Ethics, discloses disciplinary information, and does not maintain custody of client funds. Clients retain voting rights for their securities. HWIS does not vote proxies on their behalf.