Pointer Management, LLC, established in 2002, specializes in providing discretionary investment advisory services to private investment funds through a fund-of-funds structure. The firm aims to achieve capital appreciation by allocating assets to long/short equity-based portfolio managers, with additional investments in credit markets, commodities, and private equity. Pointer emphasizes diversification by selecting 15-25 portfolio managers and employing hedging strategies to mitigate risks. The firm manages approximately $2.2 billion in client assets on a discretionary basis as of December 31, 2024. Clients are charged a 1% management fee based on net assets under management, with potential performance-based fees. Pointer does not participate in wrap fee programs and does not offer customized services for individual clients. The firm's investment strategies involve various types of securities, including common stock, options, and non-U.S. securities, with a focus on risk management and achieving a balanced risk-return profile. Clients are primarily private investment funds with a minimum investment requirement of $1,000,000 for qualified investors. Pointer operates as a fiduciary and has no material disciplinary events. The firm's investment discretion allows it to make decisions aligned with client objectives and guidelines. Pointer has adopted proxy voting policies and procedures to vote in the best interests of clients.

Patten and Patten, Inc. is an independent investment adviser established in 1976 by Z. Cartter Patten, III and W.A. Bryan Patten. The firm, registered with the SEC, had approximately $2.063 billion in Regulatory Assets Under Management as of December 31, 2024. The four principals, including Raymond V. Ryan, CFA, lead a team of portfolio managers with CFA and CAIA designations. Patten and Patten offers discretionary investment management services to various clients, focusing on strategic asset allocation tailored to individual objectives and risk tolerances. The firm specializes in managing large capitalization equity portfolios, balanced objectives, and fixed-income portfolios with low credit risk. They employ a "Top Down/Bottom Up" approach, emphasizing fundamental analysis and long-term growth. Patten and Patten charges management fees based on assets under management, with a standard fee schedule ranging from 0.375% to 0.750%. The firm does not charge performance-based fees and does not engage in speculative options trading. Clients must have a minimum of $500,000 to establish an individual account, with exceptions made at the discretion of the principals. Patten and Patten does not provide legal, tax, or accounting advice and encourages clients to vote their own proxies. The firm uses independent custodians and does not custody client accounts. Patten and Patten also engages in class action litigation claims monitoring on behalf of clients. Overall, the firm focuses on providing transparent, client-focused investment management services.

Patton Albertson Miller Group, LLC is a fee-only wealth management firm founded in 2003 and succeeded to the advisory business of its predecessor in 2015. The firm specializes in providing investment and financial planning services to affluent individuals, families, pension/profit sharing plans, and charitable organizations with $1 million or more to invest. Their services include wealth management, investment management, estate planning, tax planning, and more. The firm is managed by PAM Group Principals and is part of the Focus Financial Partners, LLC partnership. They offer discretionary asset management services, where they make investment decisions on behalf of clients without prior approval. Clients have the option to direct brokerage and can choose to vote their own proxies. PAM Group has no reportable disciplinary events and does not engage in principal transactions. The firm receives compensation for client referrals and has arrangements with third parties for class action claims processing. PAM Group does not require prepayment of fees exceeding $1,200 and has not been subject to bankruptcy.

River Associates Investments (tn), LLC is a financial advisory firm based in Chattanooga, Tennessee. It currently has approximately $771,563,000 of assets under management and employs about 14 people. River Associates Investments (tn), LLC uses a fee structure of performance-based fees and percentage of committed capital and/or invested capital.

Future Capital, formerly ProNvest, is an SEC-registered investment adviser founded in 2000, located in Chattanooga, Tennessee. The firm offers a proprietary retirement planning tool to assist clients in planning for retirement, providing discretionary and non-discretionary investment management services. Future Capital manages over $1 billion in assets for 13,056 clients, offering five investment strategies ranging from conservative to aggressive. Clients can place reasonable restrictions on account management, and the firm rebalances portfolios quarterly. The firm charges advisory fees based on the type of agreement, such as up to 1.25% annually for Employer Sponsored Retirement Account services. Future Capital does not charge performance-based fees and does not engage in side-by-side management. The firm provides services to various clients, including individuals and high net worth individuals, through Employer Sponsored Retirement Accounts, IRAs, and retail accounts. Future Capital's President and CEO, Jay Jumper, has over 20 years of experience in the financial industry and serves as the President and CEO of SIGNiX, Inc., a subsidiary of Future Capital. The firm has no disciplinary information to disclose and maintains an Information Security Program to safeguard client data. Clients receive regular account reviews and statements, and the firm does not accept authority to vote proxies on behalf of clients. Future Capital does not maintain physical custody of client assets and does not engage in directed brokerage.

The Patten Group, Inc. is a financial advisory firm based in Chattanooga, Tennessee. It currently has approximately $447,467,815 of assets under management and employs about 11 people. The Patten Group, Inc. uses a fee structure of a percentage of assets under your management, hourly charges and fixed fees.

TSWII Capital Advisors, LLC, established in December 1990, specializes in providing discretionary investment advisory services to privately offered pooled investment vehicles, commonly known as a fund of funds. The firm is owned by L.H. Caldwell, III, and Katharine Caldwell Nevin, with Kate Nevin serving as President and Hacker Caldwell as Chairman. TSWII manages assets totaling $446,500,000 for the TSWII, TSW3, and TSWS Funds as of December 31, 2024. The firm charges a fixed annual management fee of up to 1.5% of each limited partner’s capital account, payable quarterly in advance. Performance fees, ranging from 5% to 10%, may be applicable based on a Fund's realized net profits or capital appreciation. TSWII's investment strategies include long/short equity, distressed securities, multi-strategy, event-driven, global macro, private equity, venture capital, and commodity pools. The firm conducts due diligence on potential managers, monitors portfolio holdings, and emphasizes risk management. Clients include high net worth individuals, pension plans, endowments, and other entities, with a minimum investment of $1 million. TSWII acts as a fiduciary and does not compensate third parties for client referrals. The firm's Code of Ethics ensures integrity, compliance, and fair treatment of clients. TSWII does not engage in soft dollar agreements and has robust policies for best execution and cybersecurity.

Wealth Preservation Advisors, LLC, established in 2013, is a Tennessee-based investment advisory firm dedicated to providing asset management and investment consulting services. As a fiduciary, the firm always acts in the client's best interest, offering services such as Comprehensive Portfolio Management and Retirement Plan Consulting. The firm's investment strategies include long-term purchases, margin transactions, options, and short-term purchases, among others. Wealth Preservation Advisors manages over $513 million on a discretionary basis and $22 million on a non-discretionary basis as of December 31, 2024. For Comprehensive Portfolio Management, fees are up to 2.0% annually, billed quarterly based on account value. Retirement Plan Consulting fees are based on a percentage of plan assets, not exceeding 1.00%. The firm does not charge performance-based fees. Clients include individuals, high net worth individuals, businesses, trusts, estates, and retirement plans. Investment analysis methods include charting, cyclical analysis, fundamental analysis, and technical analysis. The firm does not accept proxy authority to vote client securities. Wealth Preservation Advisors does not have custody of client assets and does not require prepayment exceeding $1,200. The firm has no material changes since March 18, 2025, and no disciplinary events to report.

AM Investment Strategies, LLC, established in October 2012, is an investment advisory firm based in Chattanooga, Tennessee. The firm, led by principal owners Aon D. Miller and Laura G. Owsley, specializes in providing investment management services, limited financial planning, and reporting/account administration services. They manage over $700 million in assets on a discretionary and non-discretionary basis. Clients can opt for financial planning services covering areas like cash flow planning, retirement planning, and insurance analysis. Investment management services are tailored to individual needs, with a focus on equity securities and private placement securities for accredited investors. The firm acts as a fiduciary when providing individual retirement advice, ensuring recommendations are in the client's best interest. AM Investment Strategies charges an annual fee based on a percentage of assets under management, with fees varying based on portfolio value. The firm primarily uses fundamental analysis to make investment decisions and offers conservative, moderate growth, or aggressive growth portfolio strategies. Clients receive regular account reviews and reports, and the firm does not vote client securities. AM Investment Strategies does not have performance-based fees or side-by-side management arrangements. The firm's principals have no disciplinary events that impact their advisory business, and they are also licensed insurance agents. The firm's compliance procedures are overseen by a dedicated Compliance Officer.