10-Year Treasury Constant Maturity Rate (DGS10)

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3 10-Year Treasury Constant Maturity Rate (DGS10)

4 S&P 500 Stock Price Index (SP500)

5 CBOE Volatility Index: VIX (VIXCLS)

6 The Cost of Market Timing Risk of missing the best days in the market

7 Pilots Affinity Wealth Management Program Not tied to any proprietary products Planning, Investment Portfolio Review & Insurance review Partnered with Powered by

8 What is Morningstar Investment Management? Ibbotson As Portfolio Review and Construction Founded in 1977; acquired by Morningstar, Inc. in 2006 Leading source of Independent academic research Leader in Asset Allocation Leader in independent mutual fund, ETF, and stock research Stressing risk-adjusted returns Using Flexible managers: Does not have their own funds

9 Morningstar Investment Management Today $193 Billion Total Assets Trusted Provider $147.9 billion assets under advisement for investment consulting $38.5 billion assets under management for managed accounts $6.6 billion assets under management in managed portfolios 34+ Years Serving Clients 2 Patents Human Capital and Asset Allocation Client Focused Solutions Access to Morningstar s global resources in 26 countries 92 investment professionals Selected by 55 of the Fortune 500 to provide investment services World Class Reputation Frequently quoted in The Wall Street Journal, Forbes, Fortune, BusinessWeek, etc. More than 80 research papers written or co authored 9 Graham and Dodd Awards awarded by CFA Institute

10 Reaching Your Goals with Allied First Wealth Management Group and Morningstar Investment Services

11 Morningstar Investment Services Since 2001, we have created high-conviction investment portfolios Morningstar Investment Services was formed in response to feedback from advisors seeking an objective, independent investment approach. to deliver investment choices to the clients that they serve. Our team of investment professionals create, build and monitor a diverse lineup of manage portfolios.

12 Putting the Power of Morningstar, Inc. Behind You Morningstar, Inc., is a widely recognized source of investment analysis and research Focused on providing investors with the services and tools to make better investment decisions Breadth and depth of industry expertise Regularly turned to by leading financial institutions and media for analyst insights Driven by key principles: insightful information, clear communications, and integrity

13 A Solid Financial Plan Designed Around You Profile Proposal Identify your financial needs and goals Determine the strategy that best fits your needs Select the most appropriate portfolio A Plan that grows with you We ll monitor and adjust your portfolio along the way We ll keep you up-to-date on your progress

14 Our Philosophy We Invest for the long term We are independent thinkers We employ a disciplined, consistent investment process We actively manage portfolios We are sensitive to costs and taxes We invest clients money as if it were our own We communicate in a timely and candid fashion

15 Research: Rigorous, Independent Leverage proprietary data, analytics, grading system Look beyond stars, style-box Draw on decades of experience research managers Before investing in a fund, we meet face-toface with each manager The world is our oyster We don t play favorites

16 Risk-Management: Built Into Our Process Disciplined Asset Allocation Rigorous Fund Evaluation and Selection Cohesive Portfolio Construction Continuous Risk Management Strategic Allocation Quantitative Analysis Portfolio Level Monitor Long-term risk/return profile Performance analysis Holdings-based analysis Managers Diversify across asset classes Risk metrics Manage to target risk Portfolio positioning Monitor fund overlap Risk factors Tactical Overlay Over/underweight relative to strategic allocation Qualitative Due Diligence Interview managers Peruse SEC filings Hold on-site visits Evaluate fund company stewardship Fund Level Tailor fund to strategy Contribution to portfolio risk and expenses Adjust Rebalance accounts Top-down adjustments Fund specific changes

17 Investment Selection Universe of 23,000 Funds Multi-class shares collapsed into single fund Total assets that exceed peer group minimums 3-year track record in most cases Quantitative Analysis Qualitative Due Diligence Portfolio Construction Evaluate using proprietary rating system Holdings- and returns-based analysis Review style and risk consistency measures Rank vs. peer group Interview managers and management teams Analyze fund philosophy, process, performance nuances, and resources Your Portfolio The fund selection process is based on extensive fundamental research and rigorous analysis driven by the objectives of each portfolio.

18 Portfolio Comparison

19 Portfolio Comparison

20 Retirement Income Long Range Simulated Value The graph depicts a simulated value derived from the historical performance of the selected strategy. Use it to gain insight into how a portfolio with a similar allocation would have behaved through various market conditions. This is for illustrative purpose only; past performance is not a guarantee of future results.

21 Retirement Income Portfolios Designed to help pilot s make the transition from accumulation to distribution phase Generate cash flow streams to last through a specific retirement duration Set up payouts to range from 4-7%, over time horizons of years Stable endowment-like approach, diversified across various asset classes

22 Disclaimer IMPORTANT DISCLOSURES NO BANK GUARANTEE NOT FDIC INSURED MAY LOSE VALUE All Securities and Advisory Services offered through Investment Professionals, Inc. (IPI), a Registered Broker/Dealer & Registered Investment Advisor and member FINRA & SIPC. The investment services offered by IPI under the name Allied First Wealth Management Group are in no way affiliated with or offered by Allied First Bank, nor is Allied First Bank a registered broker/dealer. Customers working with Allied First Wealth Management Group will be dealing solely through IPI with respect to their investment, brokerage and securities transactions. IPI does not offer or provide legal or tax advice. Please consult your attorney and/or tax advisor for such services. The products offered by Investment Professionals, Inc. are not insured by the FDIC, the NCUA or any other agency of the government, are not deposits or other obligations for the bank or guaranteed by the bank and involve investment risks, including possible loss of principal amount invested.

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