Jaras Financial Services Inc

Types of Clients
 JFS generally provides investment advice to individuals, high net worth individuals, pension
 and profit sharing plans and business entities. Client relationships vary in scope and length
 of service.

Item 6: Portfolio Manager Selection and Evaluation
 Portfolio Manager
 Martin A. Jaras, President will manage all Program accounts, he has been in the financial
 services industry since 1986 and an investment advisor representative since 2003. Since no
 other persons, affiliated or unaffiliated will manage the wrap program, there are no
 additional processes for selection or review of managers. Clients make the decision to select
 JFS as their portfolio manager.
 Since all programs are managed by Martin A. Jaras, there is no conflict of interest regarding
 portfolio managers.

 Conflicts of Interest
 JFS may receive more compensation from the client if they participate in other types of
 advisory services. Therefore, JFS may have a financial incentive to recommend other types
 of advisory services to clients over the Program.

                                   Jaras Financial Services, Inc.

Advisory Business
JFS offers clients an asset management account through the Program in which JFS directs
and manages Program assets for client.
Client provided goals and objectives are documented in individual client files. Investment
strategies are created that reflect the stated goals and objective.
A client may impose restrictions on a minimum level of cash they want in their account, as
well as from which account they want their withdrawals to come. Also, a client may issue
restrictions on what specific securities or security types they do not want JFS to buy or sell
in their account.

Sharing of Capital Gains
Fees are not based on a share of the capital gains or capital appreciation of managed
securities.
JFS does not use a performance-based fee structure because of the potential conflict of
interest. Performance-based compensation may create an incentive for the adviser to
recommend an investment that may carry a higher degree of risk to the client.