Faithward Advisors LLC

Fees and Compensation – Item 5
Please refer to the “Advisory Business” section in this Brochure for information on our Advisory Fees, sub-
advisory fees, fee deduction arrangements, and refund policy according to each service we offer.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory
services are separate and distinct from the fees and expenses charged by mutual funds or exchange
traded funds (described in each fund’s prospectus) to their shareholders. These fees will generally include
a management fee and other fund expenses. You will also incur transaction charges and/or brokerage
fees when purchasing or selling securities. These charges and fees are typically imposed by the broker-
dealer or custodian through which your account transactions are executed. We do not share in any portion
of the brokerage fees/transaction charges imposed by the broker-dealer or custodian. To fully understand
the total cost you will incur, you should review all the fees charged by mutual funds, exchange traded
funds, our firm, and others. For information on our brokerage practices, please refer to the “Brokerage
Practices” section of this Disclosure Brochure.

Negotiability of Fees: We allow Associated Persons servicing the account to negotiate the exact
investment management fees within the range disclosed in this Form ADV Part 2A Brochure. As a result,
the Associated Person servicing your account may charge more or less for the same service than another
Associated Person of our firm. Further, our annual investment management fee may be higher than that
charged by other investment advisors offering similar services/programs.

For client accounts that are managed by Faithward Advisors and include assets invested in the Inspire
Faithward Mid Cap Momentum ESG ETF (NYSE: GLRY), the monthly advisory fee charged by Faithward
Advisors on these ETF holdings in the client’s account will be reduced by a percentage equal to the
applicable ETF’s expense ratio, ranging from 0 basis points to a maximum of 35 basis points, provided
that the fee reduction does not cause the monthly advisory fee to fall below $0. The monthly reduction
percentage is adjusted based on the applicable ETF’s expense ratio for the month being billed (i.e., in
arrears) as provided to Faithward Advisors by SevenOneSeven, the sub- advisor to Inspire Faithward Mid
Cap Momentum ESG ETF. For accounts that terminate management with Faithward Advisors during a
month, no fee reduction will be applied to the partial month’s invoice.

Billing on Cash Positions: The firm treats cash and cash equivalents as an asset class. Accordingly,
unless otherwise agreed in writing, all cash and cash equivalent positions (e.g., money market funds, etc.)
are included as part of assets under management for purposes of calculating the firm’s advisory fee. At
any specific point in time, depending upon perceived or anticipated market conditions/events (there being
no guarantee that such anticipated market conditions/events will occur), the firm may maintain cash and/or
cash equivalent positions for defensive, liquidity, or other purposes. While assets are maintained in cash
or cash equivalents, such amounts could miss market advances and, depending upon current yields, at
any point in time, the firm’s advisory fee could exceed the interest paid by the client’s cash or cash
equivalent positions.

Periods of Portfolio Inactivity: The firm has a fiduciary duty to provide services consistent with the client’s
best interest. As part of its investment advisory services, the firm will review client portfolios on an ongoing
basis to determine if any changes are necessary based upon various factors, including but not limited to
investment performance, fund manager tenure, style drift, account additions/withdrawals, the client’s

Faithward Advisors                                                                      IARD/CRD No.: 116978
Form ADV Part 2A Brochure                                                              SEC File No.: 801-61471

financial circumstances, and changes in the client’s investment objectives. Based upon these and other
factors, there may be extended periods of time when the firm determines that changes to a client’s
portfolio are neither necessary nor prudent. Notwithstanding, unless otherwise agreed in writing, the firm’s
annual investment advisory fee will continue to apply during these periods, and there can be no assurance
that investment decisions made by the firm will be profitable or equal any specific performance level(s).

Faithward Advisors                                                                         IARD/CRD No.: 116978
Form ADV Part 2A Brochure                                                                 SEC File No.: 801-61471

Compensation for the Sale of Securities or Other Investment Products
Persons providing investment advice on behalf of our firm are registered representatives with Osaic a
securities broker/dealer registered with the Securities and Exchange Commission and the Financial
Industry Regulatory Authority (“FINRA”). In their capacity as registered representatives, these persons will
receive commission-based compensation in connection with the purchase and sale of securities, including
12b-1 fees for the sale of certain classes of investment company products. Compensation earned by
these persons in their capacities as registered representatives is separate and in addition to our advisory
fees. The commission rates charged by Osaic may be higher than those charged by other broker dealers
that provide comparable services. This practice presents a conflict of interest because persons providing
investment advice on behalf of our firm who are registered representatives have an incentive to effect
...

Types of Clients – Item 7
We offer personalized investment advisory services to individuals, pension and profit sharing plans, trusts,
estates, corporations, business entities and non-profit organizations, as well as their donors.

In general, we do not require a minimum dollar amount to open and maintain an advisory account;
however, we have the right to terminate your Account if it falls below a minimum size, which, in our sole
opinion, is too small to effectively manage.

Methods of Analysis, Investment Strategies and Risk of Loss – Item 8
Our Methods of Analysis and Investment Strategies
We may use one or more of the following methods of analysis or investment strategies when providing
investment advice to you. We will advise you on how to allocate your assets among various classes of
securities. We primarily rely on Modern Portfolio Management (MPT) and the efficient frontier of investment
management when developing our model portfolios and strategies. We generally recommend a long-term
hold strategy.

     •    Fundamental Analysis – involves analyzing individual companies and their industry groups, such
          as a company’s financial statements, details regarding the company’s product line, the
          experience and expertise of the company’s management, and the outlook for the company’s
          industry. The resulting data is used to measure the true value of the company’s stock compared
          to the current market value.
     •    Quantitative analysis – a business or financial analysis technique that seeks to understand
          behavior by using mathematical and statistical modeling, measurement, and research.
     •    Qualitative analysis – securities analysis that uses subjective judgement based on non-
          quantifiable information, such as management expertise, industry cycles, strength of research
          and development, and labor relations.
     •    Modern Portfolio Theory – theory on how risk-averse investors can construct portfolios to
          optimize or maximize expected return on a given level of market risk, emphasizing that risk is an
          inherent part of higher reward.
     •    Efficient Frontier - the optimal portfolios plotted along a risk-reward curve that have the highest

Faithward Advisors                                                                         IARD/CRD No.: 116978
Form ADV Part 2A Brochure                                                                 SEC File No.: 801-61471

          expected return possible for the given amount of risk.
     •    Long-Term Purchases – securities purchased with the expectation that the value of those
          securities will grow over a relatively long period of time, generally greater than one year.
     •    Short-Term Purchases – securities purchased with the expectation that they will be sold within a
          relatively short period of time, generally less than one year, to take advantage of the securities’
          short- term price fluctuations.

Our investment strategies and advice may vary depending upon each client’s specific financial situation.
As such, we determine investments and allocations based upon your predefined objectives, risk tolerance,
time horizon, financial horizon, financial information, liquidity needs, and other various suitability factors.
Your restrictions and guidelines may affect the composition of your portfolio. Our strategies and
investments may have unique and significant tax implications. However, unless we specifically agree
otherwise, and in writing, tax efficiency is not our primary consideration in the management of your assets.
Regardless of your account size or any other factors, we strongly recommend that you continuously
consult with a tax professional prior to and throughout the investing of your assets.

Associated Risks
Fundamental Analysis - The risk of fundamental analysis is that information obtained may be incorrect and
the analysis may not provide an accurate estimate of earnings, which may be the basis for a stock’s value.
If securities prices adjust rapidly to new information, utilizing fundamental analysis may not result in
favorable performance.

Quantitative Analysis – The risk of quantitative analysis is the information obtained may be incorrect and
the analysis may not model factors correctly, the relationship between factors may change, or information
used in the models may be inaccurate or not representative of the true factors.

Qualitative Analysis – The risk of qualitative analysis is the information may be incorrect and the
subjective judgements made may not be correct. Views on companies may incorrectly address factors, the
factors may change without being reflected in the analysis or the analysis may be based on inaccurate or
nonrepresentative information or may address incorrect factors.

Long-Term Purchase – The risk of long-term purchases is that the security may not appreciate in value or
return cash flows over time as expected resulting in a loss of some or all value. Expectations of the future
may be based on analysis or projections that prove to be incorrect or inaccurate or external factors may
occur that are outside the projection. Market displacements could occur causing price to diverge from
value.

Short-Term Purchase - The risk of short-term purchases is that the security may not appreciate in value or
return cash flows before sale as expected resulting in a loss of some or all value. Expectations of the
future may be based on analysis or projections that prove to be incorrect or inaccurate or external factors
may occur that are outside the projection. Market displacements could occur causing price to diverge from
value.

Modern Portfolio Theory – The risk of Modern Portfolio Theory is that the theory or the information or
methods used in the application of the theory may be incorrect. Analysis of market risk to reward and the
...