Pine River Capital Management L.p. is a financial advisory firm based in Minnetonka, Minnesota. It currently has approximately $3,612,524,123 of assets under management and employs about 31 people. Pine River Capital Management L.p. uses a fee structure of a percentage of assets under your management, performance-based fees and pass through reimbursement.

AdvisorNet Wealth Partners, established in Minnetonka, MN, offers discretionary and non-discretionary investment management services through their Wrap Fee Program. Clients pay a negotiable annual fee based on a percentage of assets under management, inclusive of various services. The firm acts as the portfolio manager, providing services tailored to each client's investment objectives. Investment strategies include technical analysis, behavioral finance, fundamental analysis, and Modern Portfolio Theory. Clients have access to a wide range of investments, including mutual funds, securities, and fixed income securities. The firm discloses potential conflicts of interest, such as recommending specific broker-dealers and receiving benefits from custodians. Clients are encouraged to review financial planning issues annually and can contact the Chief Compliance Officer with any questions. The firm does not accept performance-based fees and maintains a Code of Ethics to prevent the misuse of material non-public information. Clients are provided with regular account statements and transaction confirmations. For any inquiries, clients can contact the Chief Compliance Officer at AdvisorNet Wealth Partners.

Marks Group Wealth Management, Inc. is an SEC-registered investment adviser established in November 2008, with Bennett E. Marks as the principal shareholder. The firm offers the Marks Group Wealth Management Wrap Program, providing clients with the ability to trade certain investment products without separate brokerage commissions. Clients must complete an investor profile, an investment advisory wrap fee agreement, and open a securities brokerage account with approved institutions. MGWM manages client portfolios with discretionary authority, recommending Independent Managers based on client objectives. The Program Fee, charged quarterly in advance, ranges from 0.15% to 2.00% based on assets under management. Clients may incur additional charges from third parties. The firm acts as a fiduciary for ERISA accounts, subject to specific duties and obligations. MGWM's investment strategies include Core Equity, Tactical Equity, Equity Income, International Equity, Fixed Income, and Mutual Funds, employing fundamental and technical analysis methods. Clients must meet a minimum portfolio size of $1,000,000 to participate. The firm discloses relationships with insurance agents, referral fees, and arrangements with SmartAsset Advisors. MGWM receives software and support from Financial Institutions to monitor client accounts. Clients may contact MGWM for a copy of its Code of Ethics. The firm discloses potential conflicts of interest related to brokerage practices and receipt of economic benefits.

**DGV Solutions LP Summary:** **Background and Expertise:** DGV Solutions LP is a privately owned Delaware limited partnership located in Minnetonka, Minnesota, USA. Established in November 2014, the firm has been registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) since July 2015. The principal owner is Jonathan D. Havice. The firm specializes in delivering institutional investment products and services to institutional separate account and private investment fund clients, focusing on a wide variety of investment strategies and asset classes to enhance risk-adjusted returns. **Consumer-Facing Terms:** - Minimum Initial Investment: $50 million for institutional separate account clients; $1 million for private fund investors (waivable at the firm's discretion). - Fee Structure: Negotiable management fees based on net assets under management, billed monthly or quarterly in arrears or in advance. - Fiduciary Duty: Acts as a fiduciary in the best interests of clients. - Investment Discretion: Firm exercises discretionary authority over client accounts, determining securities to buy/sell, brokers, commissions, and prices. - Investment Strategy: Utilizes a wide variety of strategies, asset classes, and trades, including options, futures, and third-party indices. **Advisory Business Description:** DGV Solutions LP offers institutional investment management services tailored to client objectives, including exposure to selected asset classes, risk-adjusted returns, and customized portfolio objectives. The firm's strategies encompass options trading, tactical trading, and relative value strategies. The firm sponsors and manages a private investment fund, DGV Enhanced U.S. Equity Fund LLC, with net discretionary assets under management of $702,425,116 as of February 1, 2025. This summary is based on the Form ADV, Part 2A Brochure dated March 21, 2025, provided by DGV Solutions LP. For more detailed information, please refer to the original document.

Quantitative Advantage, LLC is a financial advisory firm based in Minnetonka, Minnesota. It currently has approximately $757,561,592 of assets under management and employs about 22 people. Quantitative Advantage, LLC uses a fee structure of a percentage of assets under your management, hourly charges and fixed fees.

Twele Capital Management, Inc. is a financial advisory firm based in Minnetonka, Minnesota. It currently has approximately $624,419,670 of assets under management and employs about 5 people. Twele Capital Management, Inc. uses a fee structure of a percentage of assets under your management and hourly charges.

Merced Capital, L.p. is a financial advisory firm based in Minnetonka, Minnesota. It currently has approximately $610,305,200 of assets under management and employs about 13 people. Merced Capital, L.p. uses a fee structure of a percentage of assets under your management and performance-based fees.

BlueStem Wealth Partners, LLC is a registered investment adviser established in Minnesota, owned by Jill Lawrence and Scott Marquardt. The firm offers personalized financial planning and investment advisory services to individuals, high net worth individuals, and entities like family offices, trusts, and retirement plans. Financial planning services include retirement, education, estate, cash flow, tax planning, and insurance analysis. Investment management services are offered on a discretionary and non-discretionary basis, with a focus on customized portfolio asset allocation using various securities. BlueStem may recommend external money managers for client portfolios. The firm charges fees based on a percentage of assets under management and fixed fees for financial planning services. Clients are responsible for fees charged by other financial institutions. BlueStem does not charge performance-based fees or participate in side-by-side management. Clients have the option to grant investment discretion to BlueStem. The firm does not vote proxies on behalf of clients. BlueStem does not receive benefits for providing investment advice or compensation for client referrals. The firm does not disclose financial information as it does not require prepayment exceeding $1,200, has a stable financial condition, and has not been subject to bankruptcy.

The Advocate Group, LLC, established in 2002, specializes in providing investment advisory services primarily to senior officers of large companies and individuals. The firm, registered with the SEC since 2011, offers financial planning and investment management services tailored to each client's needs. Financial planning services cover various areas such as investment management, tax planning, retirement modeling, and risk management. The firm manages client assets totaling $713,330,620, with $710,227,117 under discretionary management. Fees are based on a percentage of assets under management, ranging from 0.35% to 0.95%, with negotiable annual financial planning fees typically ranging from $2,500 to $20,000. The Advocate Group acts as a fiduciary, ensuring full disclosure and acting in the best interests of clients. Clients can grant discretionary trading authority, allowing the firm to make trades without prior approval. The firm does not charge performance-based fees and provides investment recommendations based on individual client objectives and risk tolerance. Clients receive account statements quarterly and have the option to review and update their financial plans regularly. The Advocate Group does not engage in proxy voting on behalf of clients and does not require prepayment of fees.