Broadwing Capital Advisors Inc

Item 5 – Fees and Compensation
Broadwing Capital receives an investment management fee, which is a percentage of the assets
under its management as follows:

Fees for Personal Accounts:

Market Value of Account                                 Annualized Rate

$       0 to $1,000,000                                      1.00%
$1,000,001 to $2,000,000                                     0.75%
$2,000,001 to $3,000,000                                     0.50%
$3,000,001 and above                                         0.25%

Broadwing will discuss fees with clients prior to investing the account. Both the client and a
representative of Broadwing Capital will sign an Investment Advisory Agreement (“IAA”) that
specifies the fee agreed upon. The IAA and the above fee schedule may be modified by

Broadwing Capital Advisors, Inc.                                                          CRD #127513
Form ADV Part 2A & 2B                                                                  SEC File No.: N/A
Brochure                                                                                February 3, 2026

Broadwing Capital and may differ from the fee schedule above. Comparable Services may be
available from other sources at a lower cost.

At the beginning of each quarter, Broadwing will provide to the client and the custodian a notice
stating the amount of the fee, and the notice to the client will state the value of the assets on
which the fee is based and specifically how the fee was calculated. The client, and not the
custodian, shall be responsible to verify the accuracy of the fee calculation.

In lieu of the tiered fee schedule above, Broadwing Capital offers the option of charging a fixed
fee for asset management. This fee will be mutually negotiated between Broadwing and the client
and will remain at the negotiated figure unless and until one or both parties agree to amend the
contract in writing.

Broadwing Capital also charges a fixed fee of $5,000 for the preparation of a comprehensive
financial plan, or $2,500 for the preparation of a plan limited in scope to one of the following areas:
Education planning; Retirement planning; Estate planning; Risk (insurance) planning; Tax
planning. Broadwing may require at the time of engagement a retainer equal to 50% of the fixed
fee.

Each quarter, the investment management fee is charged in advance by multiplying the assets in
the account by the appropriate management fee percentage, and one fourth of the resulting dollar
amount is then withdrawn directly from the client’s account(s).

A client may terminate the IAA within 5 days of the signing of the Agreement without penalty.
Thereafter, if the account is terminated prior to the end of the quarter, a pro-rated refund is
calculated based on the number of days the client was invested during the quarter. For example:
If the fee was $1,000 and the advisory relationship was terminated after 36 days of a 91-day
quarter, the client would be entitled to a refund equal to 55 days (91 days less the 36 days
invested) multiplied by the daily asset charge of $10.99 ($1,000/91 days), or $604.40.

For clients with household assets totaling greater than $500,000 of assets under management
with Broadwing Capital, Broadwing Capital will pay the transaction costs charged by the
custodian. For client households with less than $500,000 invested, Broadwing will not reimburse
custodial transaction costs.

In addition to Broadwing’s investment management fee, the following fees paid to other parties
may also apply:
    • Transaction fees (“commissions”) paid to the custodian of the account for the purchase or
        sale of securities in the account. These fees vary by account size, but generally total
        between $0 and $100 per year. As an example, expressed as a percentage of assets
        invested, a $400,000 account incurring $100 of transaction charges would incur charges
        of 0.0003% of assets invested.

    •   Mutual fund and exchange-traded fund (ETF) management fees. The Flexible Series
        portfolios incur these fees. The Dividend Payers Series portfolios do not incur these fees.
        Expressed as a percentage of assets invested, current internal fund expenses for the
        Flexible Series portfolios range between 0.20% and 0.45%.

Broadwing Capital Advisors, Inc.                                                       CRD #127513
Form ADV Part 2A & 2B                                                               SEC File No.: N/A
Brochure                                                                             February 3, 2026

    •   Non-standard asset charges paid to the custodian in return for their holding private, non-
        publicly-traded securities in the account, such as limited partnerships, non-publicly traded
        real estate trusts, or private equity.

    •   Margin loan interest paid to the custodian if a margin loan balance is maintained in the
        account.

    •   Various other fees paid to the custodian for wiring funds from the account and other
        assorted services.

Because fund fees are deducted at the fund level and not itemized on the billing statement
provided to clients, the fees can go unnoticed, but the fund’s management fee has the effect of
lowering the fund’s share price, which impacts fund performance, and thus shareholder account
performance.

To get a sense of the impact on performance of paying fees at the higher-end of the fee
spectrum, consider the following example of fees charged on a hypothetical $50,000 investment
in the BCA Flexible 50/50 portfolio.

• $100 annually of invested assets for custodial transaction fees
• 0.33% annually of invested assets for internal mutual fund management fees
• 1.00% annually of invested assets for Broadwing Capital’s management fees
• Total fees of 1.53% annually of invested assets

At the lower end of the fee spectrum, consider the fees charged on a hypothetical $3,000,000
...

Item 7 – Types of Clients
Broadwing Capital is principally involved in managing investment advisory accounts for
individuals, trusts, and families on a discretionary basis; providing financial planning to individuals
and families; and providing investment advice to employer-sponsored retirement plans on a non-
discretionary basis.

For individuals, trusts and families, the household aggregate minimum account size is $250,000.

There is no minimum account size for employer-sponsored retirement plans.