Standards of Care / Fiduciary Disclosure

Standard-of-Care Disclosure: I am acting as your Investment Adviser Representative for this recommendation. In this role, I owe you a fiduciary duty under the Investment Advisers Act of 1940. This means I am legally obligated to act in your best interest at all times, to provide advice with due care, skill, and prudence, and to fully disclose any material conflicts of interest. My compensation for the advisory relationship is fee-based (asset-based, flat, or hourly) as disclosed in Form ADV Part 2A and our advisory agreement. This duty is ongoing for the duration of our advisory relationship.

Material Conflicts of Interest: I am dually registered. I may also be compensated as a registered representative or insurance producer on other recommendations outside this advisory engagement. Fee-based advisory accounts and commission-based brokerage/insurance accounts are governed by different standards of care. Please review Form ADV Part 2A, Item 10 (Other Financial Industry Activities) and Item 14 (Client Referrals and Other Compensation).

Standard-of-Care Disclosure: I am acting as a Registered Representative of State Farm VP Management Corp. (broker-dealer) for this recommendation. Under SEC Regulation Best Interest (Reg BI), I am required to act in your best interest at the time the recommendation is made, without placing my financial interest ahead of yours. This is a transactional standard tied to the specific recommendation, not an ongoing duty. Compensation for this transaction is in the form of commissions, sales loads, or 12b-1 fees as disclosed in the product prospectus and Form CRS.

Reg BI Four Obligations — Disclosure: (1) Care: I have exercised reasonable diligence, care, and skill in making this recommendation. (2) Disclosure: All material facts about the recommendation and our relationship are disclosed in writing. (3) Conflict of Interest: I receive commission-based compensation that may create an incentive to recommend one product over another — this conflict is disclosed and mitigated by policies and supervision. (4) Compliance: The firm and I have written policies reasonably designed to achieve compliance with Reg BI.

Standard-of-Care Disclosure: I am acting as a licensed Florida insurance producer (and appointed agent for State Farm and other carriers) for this recommendation. Insurance product recommendations are governed by Florida state insurance law — including NAIC Suitability in Annuity Transactions Model Regulation (Florida adopted the 2020 "Best Interest" revisions for annuity sales). My compensation for the sale is a commission paid by the insurance carrier, and may include renewals and bonuses.

Material Conflicts of Interest: Commission compensation varies by product and carrier. I have an incentive to recommend products that pay higher commission. This conflict is mitigated by (a) the suitability/best-interest standard applicable to the recommendation, (b) comparison of products available under my appointments, and (c) full disclosure of compensation and any replacement of existing coverage.