Joseph John Rao

Insurance Agency Affiliations Mr. Rao is also a licensed insurance professional with Numarc Insurance Agency a d/b/a of Numarc Financial Management Corporation. Implementations of insurance recommendations services are separate and distinct from the advisory services offered to Clients. As an independent insurance professional, Mr. Rao will earn commission-based compensation for selling insurance products, including insurance products they sell to you. Insurance commissions earned by these Mr. Rao are separate and in addition to our advisory fees. This practice presents a potential conflict of interest because the person providing investment advice on behalf of the Advisor who is also an insurance agent has an incentive to recommend insurance products to you for the purpose of generating commissions rather than solely based on your needs. However, you are under no obligation, contractually or otherwise, to purchase insurance products through any Advisory Person affiliated with the Advisor. Mr. Rao spends approximately 20% of his time per month in this capacity. Numarc Tax Solutions Mr. Rao is an Enrolled Agent and owner of Numarc Tax Solutions a d/b/a of Numarc Financial Management Corporation. Tax planning and preparation services are separate and distinct from the advisory services offered to Clients. Tax services may be offered to Clients of the Advisor and are provided as a separate service and fee. Clients are under no obligation to utilize the tax services offered by Numarc Tax Solutions. Mr. Rao spends approximately 10% of his time per month in this capacity. Real Estate Affiliations Mr. Rao is a licensed real estate broker with Numarc Realty d/b/a Numarc Financial Management Corporation in the state of Florida, and a Real Estate Broker in the State of Connecticut, and a Licensed Real Estate Salesperson with R New York in the State of New York. Implementations of real estate transactions are separate and distinct from the advisory services offered to Clients. As a real estate professional, Mr. Rao may receive customary real estate commissions from real estate transactions. Clients are under no obligation to utilize Mr. Rao or the Advisor for any real estate transaction. At no time will Mr. Rao offer real estate investment opportunities to Clients where Mr. Rao has an ownership interest. Mr. Rao spends approximately 5% of his time per month in this capacity. Mortgage Broker Mr. Rao is also a mortgage broker with Numarc Financial Management Corporation d/b/a Numarc Mortgage in the state of Florida. Mortgage services are separate and distinct from the advisory services offered to Clients. Mr. Rao may receive customary mortgage commissions. Clients are not obligated to engage Mr. Rao for his mortgage services. Mr. Rao spends approximately 10% of his time per month in this capacity.