Ulrich Investment Consultants (UIC) is a Registered Investment Adviser based in Albuquerque, NM, providing investment management services to private and institutional clients. UIC was established in December 2011 and has $3.48 billion in assets under management as of December 31, 2024. The firm offers discretionary and non-discretionary investment management services, tailored to individual client needs and goals. UIC's investment strategies focus on asset allocation, investment selection, and risk management to maximize returns while minimizing risk and costs. Clients can engage UIC for financial planning, retirement, education, estate planning, insurance, and tax needs. UIC acts as a fiduciary for institutional clients, providing comprehensive investment advice and services. The firm may recommend alternative investments or private placement securities for accredited investors. UIC charges an annual fee based on a percentage of assets under management, with a maximum fee of 1.00%. The firm may also charge fixed fees for certain larger clients or engage in hourly or flat fee projects. UIC may receive benefits from broker-dealers and service providers, such as research and technology support, which may influence its choice of providers. The firm exercises investment discretion for client accounts and may vote proxies on behalf of clients. UIC has not had any disciplinary events and does not require prepayment of fees exceeding $1,200 per client.

John Moore & Associates, Inc. (JMA) is a registered investment adviser founded in 1997, located in Albuquerque, NM. The firm specializes in providing investment management services in equity, fixed income, and balanced strategies through separately managed accounts to various clients, including high net worth individuals, business organizations, trusts, foundations, and more. JMA offers personalized asset management services tailored to clients' financial goals, utilizing their objectives, time horizons, and risk tolerance. The firm's investment strategies include the JMA Asset Allocation Model, Dynamic Equity Model, Managed Bond strategy, JMA Income Model, Equity Income Model, and Equity Model. JMA does not use performance-based fees or engage in side-by-side management. The minimum relationship requirement is $300,000, which may be waived at the firm's discretion. Clients are billed quarterly in advance based on a tiered fee schedule depending on the account value and strategy. JMA does not vote proxies on behalf of clients and does not have any financial commitments impairing its ability to meet obligations. The firm emphasizes client data security and confidentiality, with strict access controls and policies in place to protect client information.

Portfolio Wealth Advisors, also known as Portfolio, LLC (PLLC), was founded in January 2008 by Lee E. Munson, CFA, CFP®. The firm specializes in providing investment advisory services to clients, managing $373,189,200 in client assets as of November 25, 2024, on a fully discretionary basis through wrap-fee programs. PLLC charges a single annualized fee based on a percentage of the market value of all program assets, with a fee schedule ranging from 0.85% to 1.5% based on asset tiers. The firm has a $1,500,000 asset minimum and does not charge performance-based fees. PLLC uses fundamental and technical methods for investment analysis and offers services to various clients, including individuals, high net-worth individuals, family offices, and more. The firm emphasizes ethical standards, acting as a fiduciary and maintaining a Code of Ethics to ensure full disclosure and act in the best interests of clients. PLLC requires the use of Schwab for custody and brokerage services, participating in the Institutional advisor program offered by Schwab. Clients grant PLLC full investment discretion over their accounts, with the firm having the authority to make all trading decisions without consulting clients. Clients are responsible for voting proxies for securities in their portfolios, and PLLC does not provide proxy-voting services. The firm has no custody of client assets and maintains financial stability to meet contractual commitments.

**Titan Fund Management, LLC Summary:** Titan Fund Management, LLC, established in 2017, specializes in real estate development and construction projects. The firm, registered with the SEC, manages investment funds focusing on real estate and real estate-related investments. The firm's investment strategy includes full development projects, opportunistic investments in secondary and tertiary markets, and short-term cash management investments. Titan Fund Management, LLC acts as a fiduciary, ensuring the best interests of clients. **Key Consumer-Facing Terms:** - **Minimum Initial Investment:** Not specified - **Fee Structure:** Management fees and carried interests based on fund performance - **Fiduciary:** Acting in the best interests of clients - **Investment Discretion:** Firm has discretion over client investments - **Investment Strategy:** Primarily focused on real estate and real estate-related investments - **Investment Philosophy:** Emphasizes partnerships, local relationships, and diverse project pipeline **Advisory Business Description:** Titan Fund Management, LLC advises on real estate and real estate-related investments, focusing on full development projects and opportunistic investments in secondary and tertiary markets. The firm's expertise lies in deal sourcing, construction, and asset management, aiming to provide strong investment pipelines. This summary is based on the information provided in the brochure dated March 17, 2025, from Titan Fund Management, LLC. For more detailed information, please refer to the original brochure.

Zanetti Financial, LLC is a registered investment advisor founded in 2015 by Gregory Zanetti, offering investment supervisory services tailored to individual client needs. The firm primarily focuses on value investing and inflation protection strategies, aiming to provide long-term growth while managing risks. Zanetti Financial charges an asset-based fee ranging from 0.50% to 0.85% based on account size. The firm uses Charles Schwab & Co., Inc. as the qualified custodian for client assets, with trades executed primarily through Schwab to minimize costs. Clients grant Zanetti Financial limited power of attorney for trading decisions, with reviews conducted at least quarterly. The firm does not receive commissions or compensation from third parties for client referrals. Greg Zanetti and Walt Benson have clean disciplinary records and do not engage in other financial industry activities that could pose conflicts of interest. Zanetti Financial emphasizes client privacy and data security, employing encryption technology and strict access controls to safeguard personal information. The firm's Privacy Policy outlines data collection, usage, and protection practices, ensuring compliance with federal standards and client confidentiality.

MGM, LLC is a registered investment advisor established in 1993 and became a Registered Investment Advisor in August 2005. The firm offers a wide range of Client Advisory Services tailored to each client's objectives, including investment planning, retirement planning, estate planning, and risk management. MGM acts in the client's best interests and customizes portfolios based on investment objectives. The firm does not sponsor a wrap fee program and has $144,698,132 in discretionary reportable Assets under Management as of December 31, 2022. For fees, MGM charges a percentage based on Assets Under Management, with a minimum quarterly fee of $250. Financial planning services are offered at an hourly rate of $250 plus tax. Fees are paid quarterly in advance. MGM may recommend rollovers from employer retirement plans to individual retirement accounts, acting as fiduciaries. The firm does not charge performance-based fees. MGM provides investment advice primarily using mutual funds and may utilize other investments like ETFs, equities, and debt securities. The firm employs a Long Term Purchase strategy and conducts Top-Down Global Macro-Economic Analysis and Fundamental Analysis. Clients receive regular account reviews and reports. MGM has a Code of Ethics, practices investment discretion, and does not vote client securities. The firm has no disciplinary information and discloses affiliations with other firms under common ownership.

Crow Financial Advisors Ltd Co is an independent investment advisory firm based in Albuquerque, New Mexico. Established in 2009, the firm offers individual portfolio management services, focusing on creating and managing personalized investment strategies based on clients' needs and objectives. They manage client accounts on a discretionary basis, with a focus on factors such as risk tolerance, time horizons, and liquidity needs. As of December 31, 2024, the firm actively managed $143,669,126.10 of client assets. For Portfolio Management Services, Crow Financial Advisors charges an annual fee of 2% for the first $100,000 and 1% for the balance, billed quarterly in advance. The firm does not have minimum balance requirements and retains the discretion to negotiate fees on a client-by-client basis. Clients can cancel the agreement within five days of signing without penalty and may terminate at any time with a 30-day written notice. The firm does not charge performance-based fees and does not engage in side-by-side management. Crow Financial Advisors provides advisory services to individuals, high net worth individuals, foundations, and non-profits. Their investment strategies include long-term and short-term purchases, with the ability to use leveraged ETFs upon client approval. The firm uses fundamental and technical analysis to formulate investment advice and manage client assets. Clients grant the firm investment discretion, allowing them to make trades without prior client approval. Crow Financial Advisors also offers proxy voting services and reviews client accounts quarterly.

Cross State Financial Group, LLC is a registered investment advisor established in November 2015 by owners Steven Iversen and Danielle Mutz. The firm offers financial planning services covering budget analysis, retirement planning, and more, with fees ranging from $600 to $5,000 for fixed plans and $100 to $275 per hour for hourly services. Portfolio management services are tailored to individual client objectives, with discretion over investments granted to the firm. The minimum account size typically required is $50,000 but can be waived. The firm manages $166,767,480 in client assets on a discretionary basis and advises on an additional $711,814 with third-party advisors. Fees for portfolio management range from 0.70% to 1.50% annually based on account size. Cross State Financial Group, LLC does not charge performance-based fees and serves individuals, high net worth individuals, charities, and retirement plans. The firm utilizes fundamental analysis and tactical asset allocation in investment strategies, with a focus on risk management. Clients receive regular portfolio reviews and financial plans, and the firm does not have any disciplinary history. The firm does not engage in soft dollar arrangements, receives no compensation for client referrals, and does not vote on client securities.

Hanseatic Management Services, Inc. is an investment advisory firm founded on June 9, 1995, by Russell T. Sanderson, Brian R. Stangel, and Amy M. Stangel. The firm specializes in providing investment management, model portfolios, investment advice, and financial planning services. Hanseatic offers investment management services on a discretionary basis through separately managed accounts or sub-advisory agreements. The firm caters to various clients, including large public pension funds, family offices, and individual clients with both qualified and non-qualified accounts. Hanseatic's investment strategies include equities, fixed income, real estate, precious metals, and cash equivalents. The firm uses a proprietary quantitative investment process to construct diversified portfolios that actively manage risk. Hanseatic also provides model portfolios on a non-discretionary basis. The firm's fee structure varies based on services provided, with investment management fees ranging from 0.45% to 1.50% depending on the client type and asset size. Hanseatic does not charge performance-based fees and requires a minimum account size of $1,000,000 for institutional clients and $100,000 for individual clients. The firm acts as a fiduciary and offers investment discretion, allowing clients to impose restrictions on investing in certain securities. Hanseatic's investment philosophy focuses on long-term goals and managing risks effectively. Clients receive regular account reviews and performance updates to ensure transparency and accountability.