FHN Financial Main Street Advisors LLC is a registered investment advisor specializing in providing discretionary and non-discretionary fixed income portfolio management services to U.S. local government entities and municipalities. Founded in 2004 and acquired by First Tennessee Bank National Association in 2012, the firm primarily invests in fixed income securities such as U.S. Treasuries, federal agency securities, and municipal bonds. Clients have the option for discretionary or non-discretionary management based on their needs and requirements. The firm offers consulting services including cash management review and investment compliance analysis. FHN Financial Main Street employs fundamental, technical, quantitative, and qualitative analysis in formulating investment advice. The firm's investment strategies focus on asset/liability management, cash management, and core strategy to provide steady incremental outperformance and low volatility. Clients receive monthly statements and quarterly reports detailing portfolio returns, holdings, and transactions. The firm does not participate in wrap fee programs, charge performance-based fees, or accept proxy authority to vote client securities. FHN Financial Main Street does not have any material changes to report since its last annual update.

KeyState Advisory, LLC is a registered Investment Adviser specializing in fixed income investing. Established in January 2011 and registered with the SEC the same month, the firm offers managed accounts tailored to individual client needs. KeyState Advisory serves institutional and individual investors, with a focus on fixed income securities. The firm is owned by KeyState Holdings, LLC and the Susan J. Miller 1996 Irrevocable Trust. As of December 31, 2024, the firm supervised client accounts with a market value exceeding $18 billion. Regarding fees, charges are negotiated with each client, with fixed quarterly fees ranging from $2,500 to $200,000. Some fees are based on a percentage of the portfolio's market value. Clients are billed monthly or quarterly and may incur third-party fees. KeyState Advisory does not accept performance-based fees and has no minimum client size requirements. The firm primarily uses fundamental analysis and does not engage in frequent trading. KeyState Advisory does not have custody of client funds, accepts discretionary authority for managing securities accounts, and does not vote client securities. The firm maintains strict privacy policies and safeguards client information. For further details or inquiries, contact Joshua C. Miller, CEO, at 702.598.3738.

Guided Choice Asset Management, Inc. (GCAM) is a registered investment advisor established in 1999, operating under the brands GuidedChoice and 3Nickels. GuidedChoice focuses on retirement wellness, offering retirement plan advice and management software primarily to defined contribution plans and retail investors. 3Nickels provides financial wellness tools for individuals to plan and invest strategically for various financial goals. GCAM's investment strategies aim to help clients achieve their goals with an appropriate level of risk, utilizing a proprietary system for analysis and optimization. GCAM offers services at both plan and individual levels, including investment policy statements, investment selection, monitoring, retirement readiness analysis, and managed accounts. Clients can access personalized guidance through digital tools, call centers, or paper-based solutions. GCAM does not charge performance-based fees and acts as a fiduciary, prioritizing clients' interests. The firm's fee structure varies based on services provided, with managed account fees typically below 0.45% annually. GCAM does not hold client assets and does not vote on client securities. The Investment Committee, led by experienced professionals, oversees GCAM's services and investment strategies. The firm maintains a Code of Ethics to ensure client interests are protected.

Belpointe Asset Management LLC is a financial advisory firm based in Reno, Nevada. It currently has approximately $3,855,302,523 of assets under management and employs about 226 people. Belpointe Asset Management LLC uses a fee structure of a percentage of assets under your management, hourly charges and fixed fees.

The Wealth Consulting Group is a financial advisory firm based in Las Vegas, Nevada. It currently has approximately $2,795,714,227 of assets under management and employs about 272 people. The Wealth Consulting Group uses a fee structure of a percentage of assets under your management, hourly charges and fixed fees.

Dalton Investments, Inc. is a financial advisor firm based in El Segundo, CA, with expertise in Asia strategy, emerging markets, and global equity portfolios. The firm was founded by James B. Rosenwald III, a Chief Investment Officer with over 40 years of experience. Gifford Combs, a Founding Partner, has managed equity portfolios for over 40 years. Shiro Hayashi, a Partner, leads research in Tokyo with 24 years of investment experience. Venkat Pasupuleti, a Partner, manages the Asia Equity and India Strategy portfolios. Chung-Chun "Owens" Huang, a Partner, specializes in Asia equity research. Sung Yoon "James" Lim, a Partner, focuses on Asia portfolio management, particularly in Korea. Masumi Nishida, a Partner, oversees Japan portfolio management and research. The firm's advisors have not been involved in any legal or disciplinary events. They are supervised persons under the Investment Advisers Act of 1940 and subject to Dalton's Compliance Manual. Clients can reach out to advisors directly for inquiries. The firm's investment strategies include Asia, Japan, India, and global equity portfolios. Dalton Investments, Inc. operates with a focus on compliance and transparency, ensuring the best interests of clients are prioritized.

Tomales Bay Capital, L.P. is an investment management firm established in November 2015, registered with the SEC in October 2019. The firm specializes in providing advisory services on a discretionary basis to privately-offered pooled investment vehicles and co-investment vehicles. As of December 31, 2024, the firm manages approximately $2.96 billion in client assets. Clients are generally accredited investors, qualified purchasers, or qualified clients. Tomales Bay Capital charges management fees up to 2% of the fund's capital commitments, with certain fee reductions after an initial period. The firm may also receive carried interest distributions of up to 20% of net profits from investments. Investment strategies focus on global growth-stage technology companies, with a concentrated approach to building long-term positions. Clients are provided with audited financial statements annually and unaudited quarterly reports. The firm has a Code of Ethics in place, and employees may have personal investments in the funds. Tomales Bay Capital has discretion over managing client accounts and votes proxies in the best interests of the funds. The firm does not engage in trading transactions directly but seeks best execution when necessary. Tomales Bay Capital has custody of client assets and undergoes annual audits. The firm does not solicit pre-payment of fees exceeding $1,200 or have financial conditions impacting client commitments. Tomales Bay Capital has not been subject to a bankruptcy petition in the past ten years.

Digital Alpha Advisors, LLC is a financial advisory firm based in Henderson, Nevada. It currently has approximately $1,415,612,243 of assets under management and employs about 17 people. Digital Alpha Advisors, LLC uses a fee structure of a percentage of assets under your management and performance-based fees.

The Investment Counsel Company of Nevada is a registered investment advisor firm established in 1987, offering discretionary and non-discretionary investment advisory services on a fee-only basis. Clients can engage the firm for consulting services on an hourly fee basis. The firm may recommend private investment funds but does not require clients to invest in them. Investment strategies include long-term and short-term purchases, primarily focusing on individual equity, debt securities, mutual funds, and exchange-traded funds. The firm does not participate in wrap fee programs and had over $1.1 billion in assets under management as of December 31, 2022. The annual investment advisory fee ranges from 0.40% to 1.50% based on the market value of assets. The firm does not accept performance-based fees and primarily serves individuals, pension plans, businesses, trusts, estates, and charitable organizations. Clients have the option to grant the firm investment discretion, and the firm does not vote client proxies. The firm does not receive compensation for client referrals and maintains custody of client assets through a qualified custodian. Clients are encouraged to review financial planning issues annually, and the firm's Chief Compliance Officer is available for any inquiries.