Item 1: Cover Page - Flow Financial Planning€¦ · 21/2/2020  · Item 1: Cover Page 1 Flow Financial Planning, LLC 1 Form ADV Part 2A – Firm Brochure 1 Item 2: Material Changes

FlowFinancialPlanning,LLCFormADVPart2AFebruary21,2020

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Item 1: Cover Page

Flow Financial Planning, LLC

1326GrantStreet

BellinghamWA,98225

360-643-0788

http://flowfp.com

Form ADV Part 2A – Firm Brochure DatedFebruary21,2020

ThisBrochureprovidesinformationaboutthequalificationsandbusinesspracticesofFlowFinancialPlanning,LLC,“Flow”.IfyouhaveanyquestionsaboutthecontentsofthisBrochure,pleasecontactusat360-643-0788.TheinformationinthisBrochurehas not been approved or verified by the United States Securities and ExchangeCommissionorbyanystatesecuritiesauthority.

FlowFinancialPlanning,LLCisregisteredasanInvestmentAdviserwiththeStatesofWashingtonandCalifornia.RegistrationofanInvestmentAdviserdoesnotimplyanylevelofskillortraining.

Additional information about Flow is available on the SEC’s website atwww.adviserinfo.sec.govwhichcanbefoundusingthefirm’sidentificationnumber281934.


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Item 2: Material Changes PleaseseethefollowingmaterialchangessincethemostrecentfilingofFormADVPart2A,datedAugust12th,2019.● Item5:ThefirmhasupdatedthefeesfortheAnnualAdvisoryServicesFee

andBilling.

Future Changes. From time to time, wemay amend this Disclosure Brochure toreflectchangesinourbusinesspractices,changesinregulationsandroutineannualupdatesasrequiredbythesecuritiesregulators.ThiscompleteDisclosureBrochureoraSummaryofMaterialChangesshallbeprovidedtoeachClientannuallyandifamaterialchangeoccursinthebusinesspracticesofFlow

At any time, you may view the current Disclosure Brochure on-line at the SEC’sInvestmentAdviserPublicDisclosurewebsiteathttp://www.adviserinfo.sec.govbysearchingforourfirmnameorbyourCRDnumber281934.YoumayalsorequestacopyofthisDisclosureBrochureatanytime,bycontactingusat360-643-0788.

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Item 3: Table of Contents Item 1: Cover Page 1

Flow Financial Planning, LLC 1

Form ADV Part 2A – Firm Brochure 1

Item 2: Material Changes 2

Item 3: Table of Contents 2

Item 4: Advisory Business Error!Bookmarknotdefined.

Description of Advisory Firm 6

Types of Advisory Services 6

Annual Advisory Services—Comprehensive Wealth Management 6

One-Time Comprehensive Financial Plan 9

Online Courses 10

Webinars 10

Speaking Engagements 10

Client Tailored Services and Client Imposed Restrictions 11

Wrap Fee Programs 11

Item 5: Fees and Compensation 11

Annual Advisory Services Fee and Billing 11

One-Time Comprehensive Financial Plan 13

Online Courses 14

Webinars 14

Speaking Engagements 14

Other Types of Fees and Expenses 15

Item 6: Performance-Based Fees and Side-By-Side Management 16

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Item 7: Types of Clients 16

Item 8: Methods of Analysis, Investment Strategies and Risk of Loss 16

Passive Investment Management 16

Material Risks Involved 17

Risks Associated with Securities 17

Item 9: Disciplinary Information 18

Criminal or Civil Actions 18

Administrative Enforcement Proceedings 19

Self-Regulatory Organization Enforcement Proceedings 19

Item 10: Other Financial Industry Activities and Affiliations 19

Recommendations or Selections of Other Investment Advisers 19

Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading 20

Code of Ethics Description 20

Investment Recommendations Involving a Material Financial Interest and Conflicts of Interest 21

Advisory Firm Purchase of Same Securities Recommended to Clients and Conflicts of Interest 21

Trading Securities At/Around the Same Time as Client’s Securities 21

Item 12: Brokerage Practices 21

Factors Used to Select Custodians and/or Broker-Dealers 21

1. Research and Other Soft-Dollar Benefits 22

2. Brokerage for Client Referrals 23

3. Clients Directing Which Broker/Dealer/Custodian to Use 23

Aggregating (Block) Trading for Multiple Client Accounts 23

Item 13: Review of Accounts 23

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Item 14: Client Referrals and Other Compensation 24

Item 15: Custody 25

Item 16: Investment Discretion 25

Item 17: Voting Client Securities 25

Item 18: Financial Information 26

Item 19: Requirements for State-Registered Advisers 26

Margaret Helen Bartelt (CRD# 6619860) 26

Educational Background 26

Business Experience 26

Professional Designations, Licensing & Exams 27

Other Business Activities 27

Performance Based Fees 27

Material Disciplinary Disclosures 27

Material Relationships That Management Persons Have With Issuers of Securities 27

Additional Compensation 27

Supervision 27

Requirements for State Registered Advisers 27

Business Continuity Plan 27

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Item 4: Advisory Business

Description of Advisory Firm FlowFinancialPlanning,LLCisregisteredasanInvestmentAdviserwiththeStatesofWashingtonandCalifornia.Wewerefoundedin2016.MargaretHelenBarteltisthe principal owner of Flow. Assets Under Management are $29,170,902 as ofDecember31,2019.

Types of Advisory Services

Annual Advisory Services—Comprehensive Wealth Management Flow provides comprehensive wealth management services for a flat annual fee.Clientswillhaveregularlyscheduledmeetingsthroughthetermoftheengagement,dependingontheirindividualsituation.Inadditiontoscheduledmeetings,additionalface-to-face,email,and/orphoneconsultationsareincludedatnoextracharge.

TheclientandFlowjointlyreviewtheclient’sgoalsandvaluesaroundmoney,networth, cash flow, insurance, employee benefits, retirement planning, insurance,investments, etc. (full listbelow).Flow thendoesa comprehensiveanalysisof theclient’s current and future financial state by using currently known variables topredictfuturecashflows,assetvaluesandwithdrawalplans.Thekeydefiningaspectof financial planning is that through the financial planning process, all questions,informationandanalysiswill be consideredas theyaffect andare affectedby theentirefinancialandlifesituationoftheclient.

Clients purchasing this service will receive a written or an electronic report,providing the client with an overview of their current financial condition, asassessment of their risks and opportunities, their current goals, and Flow’srecommendationsforachievingtheirgoalsandmitigatingtheirrisks.

Clients get continuous access to a planner who will help the client implementrecommendations,monitortheplan,makeadditionalrecommendationsaspreviousrecommendationsareimplemented,reachoutforregularclientmeetings,adapttheplan to changing circumstances in the client’s life, recommend changes whennecessary,andensuretheplanisuptodate.

TheclientisexpectedtoinformFlowwhenchangesorconcernsariseandtoprovidenecessarydocumentsanddata forFlow touse inouranalysis.Clientsmighthavechangesorconcernsinanyoftheareasenumeratedbelow,aswerecoveredintheinitialanalysis.Flowwillreviewthenewinformationinthecontextoftheexistingplanandshareourfindings,analysisandpotentialrecommendationswiththeclient.Clientssubscribingtothisservicewillreceiveawrittenoranelectronicreportfor

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eachissueafterweworkthroughit.Theplanandtheclient’sfinancialsituationandgoalswillbemonitoredthroughouttheyearandfollow-upphonecallsandemailswillbemadetotheclient toconfirmthatanyagreeduponactionstepshavebeencarriedout.Onanannualbasistherewillbeafullreviewofthisplantoensureitsaccuracyandongoingappropriateness.Anyneededupdateswillbeimplementedatthattime.

As part of the Annual Advisory Service, Flow provides discretionary investmentadvisory services. With discretionary authority, Flow is given the authority toconducttradesinaclient’saccountandgiveinstructionstotheaccount’scustodian,without prior consent of the client. For any assets under advisement, notmanagement,theAdviserwillreviewandrecommendchangesannually.

Investmentadvisoryservicesmayinvolvedevelopinganassetallocationstrategytomeetclients’financialgoalsandrisktolerance,providinginformationoninvestmentvehiclesandstrategies,andreviewingcompanystockownership.Thestrategiesandtypes of investmentswemay recommend are further discussed in Item 8 of thisbrochure.

Account supervision is guided by the stated objectives of the client (for example,capital appreciationor capitalpreservation), aswell as tax considerations.Clientsmay impose reasonable restrictions on investing in certain securities, types ofsecurities,orindustrysectors.

Flowrecommendsbothmutualfundsandexchange-tradedfunds.Therecommendedmutualfundsareno-loadfunds.

Flow’s services in these engagements can also include, but are not limited to, thefollowing:

● Cash Flow Management: We will conduct a review of your income andexpenses todetermineyourcurrentsurplusordeficitalongwithadviceonprioritizinghowanysurplusshouldbeusedorhowtoreduceexpensesiftheyexceedyourincome.Advicemayalsobeprovidedonwhichloanstopayofffirstbasedonfactorssuchastheinterestrateoftheloanandanyincometaxramifications.Wemayalsorecommendwhatwebelievetobeanappropriatecashreserve thatshouldbeconsidered foremergenciesandother financialgoals,alongwithareviewofaccounts(suchasmoneymarketfunds)forsuchreserves,plusstrategiestosavedesiredamounts.


● College Planning: Includes projecting the amount that will be needed toachievecollegeorotherpost-secondaryeducationfundinggoals,alongwithadviceonwaysforyoutosavethedesiredamount.Recommendationsastosavingsstrategiesare included,as isareviewofyour financialpictureas itrelates to eligibility for financial aid or the best way to contribute tograndchildren(ifappropriate).


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● EmployeeBenefitsOptimization:Wewillprovidereviewandanalysisastowhetheryou,asanemployee,aretakingthemaximumadvantagepossibleofyouremployeebenefits.Ifyouareabusinessowner,wewillconsiderand/orrecommendthevariousbenefitprogramsthatcanbestructuredtomeetbothbusinessandpersonalretirementgoals.


● BusinessPlanning:Weprovideconsultingservicesforclientswhocurrentlyoperate their own business, are considering starting a business, or areplanning for an exit from their current business. Under this type ofengagement,weworkwithyoutoassessyourcurrentsituation,identifyyourobjectives,anddevelopaplanaimedatachievingyourgoals.


● EstatePlanning:Thisusuallyincludesananalysisofyourexposuretoestatetaxesandyourcurrentestateplan,whichmayincludewhetheryouhaveawill,powers of attorney, trusts and other related documents. Our advice canincludewaysforyoutominimizeoravoidfutureestatetaxesbyimplementingappropriate estate planning strategies such as the use of applicabletrusts.

We always recommend that you consult with a qualified attorneywhen you initiate, update, or complete estate planning activities. We mayprovideyouwithcontact informationforattorneyswhospecialize inestateplanningwhenyouwishtohireanattorneyforsuchpurposes.Fromtime-to-time,wewill participate inmeetingsorphone calls betweenyou andyourattorneywithyourapprovalorrequest.


● FinancialGoals:Wewillhelpclientsidentifyfinancialgoalsanddevelopaplantoreachthem.Wewillidentifywhatyouplantoaccomplish,whatresourcesyouwillneedtomakeithappen,howmuchtimeyouwillneedtoreachthegoal,andhowmuchyoushouldbudgetforyourgoal.


● InsuranceReview:Reviewofexistingpoliciestoensurepropercoverageforlife,health,disability,long-termcare,liability,homeandautomobile.

● Retirement Planning: Our retirement planning services typically includeprojections of your likelihood of achieving your financial goals, typicallyfocusingon financial independenceas theprimaryobjective. For situationswhere projections show less than the desired results, we may makerecommendations,includingthosethatmayimpacttheoriginalprojectionsbyadjustingcertainvariables(e.g.,workinglonger,savingmore,spendingless,takingmoreriskwith investments).

Ifyouarenearretirementoralreadyretired, advice may be given on appropriate distribution strategies tominimizethelikelihoodofrunningoutofmoneyorhavingtoadverselyalterspendingduringyourretirementyears.


● RiskManagement: A riskmanagement review includes an analysis of yourexposuretomajorrisksthatcouldhaveasignificantadverseimpactonyour

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financialpicture,suchasprematuredeath,disability,propertyandcasualtylosses,ortheneedfor long-termcareplanning.Advicemaybeprovidedonways to minimize such risks and about weighing the costs of purchasinginsuranceversusthebenefitsofdoingsoand,likewise,thepotentialcostofnotpurchasinginsurance(“self-insuring”).


● TaxPlanningStrategies:Advicemay includeways tominimizecurrentandfuture incometaxesasapartofyouroverall financialplanningpicture.Forexample, we may make recommendations on which type of account(s) orspecificinvestmentsshouldbeownedbasedinpartontheir“taxefficiency,”with consideration that there is always a possibility of future changes tofederal,stateorlocaltaxlawsandratesthatmayimpactyoursituation.

We recommend that you consult with a qualified tax professional beforeinitiating any tax planning strategy, andwemay provide youwith contactinformation for accountants or attorneyswho specialize in this area if youwishtohiresomeoneforsuchpurposes.Wewillparticipate inmeetingsorphonecallsbetweenyouandyourtaxprofessionalwithyourapproval.

● RealEstatePlanningStrategies:Clientscanhaveasignificantportionoftheirnet worth tied up in real estate, especially their primary residence, andespeciallyinhigh-cost-of-livingareas.Ouranalysisandadvicewillfocusontherolethatrealestate(bothresidenceandrental)playsinyourtotalfinancialpictureandhowtobestbalancetherisksandpotentialrewardsofrealestateownership with those of your investment portfolio and the rest of yourfinancialpicture.Specificanalysesmayincluderefinancing,the“shouldIpayoffmymortgage fasteror investmore”question,and leveraginghighhomevalueswhenmakingplansforthefuture.

ConflictofInterest:AconflictexistsbetweentheinterestsofFlowandtheinterestsoftheclient.Theclientisundernoobligationtoactupontheinvestmentadviser'srecommendation,andiftheclientelectstoactonanyoftherecommendations,theclientisundernoobligationtoeffectthetransactionthroughtheinvestmentadviser.

One-Time Comprehensive Financial Plan TheclientandFlowjointlyreviewtheclient’sgoalsandvaluesaroundmoney,networth, cash flow, insurance, employee benefits, retirement planning, investments,etc. Flow then does a comprehensive analysis of the client’s current and futurefinancialstatebyusingcurrentlyknownvariablestopredictfuturecashflows,assetvalues andwithdrawalplans.Thekeydefiningaspectof financialplanning is thatthroughthefinancialplanningprocess,allquestions,informationandanalysiswillbeconsideredastheyaffectandareaffectedbytheentirefinancialandlifesituationoftheclient.

Clients purchasing this service will receive a written or an electronic report,

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providingtheclientwithadetailedfinancialplandesignedtoachievehisorherstatedfinancialgoals.TheclientisexpectedtoinformFlowwhenchangesorconcernsariseandtoprovidenecessarydocumentsanddataforFlowtouseinouranalysis.

No follow-up advice is provided in a One-Time Comprehensive Financial Planengagement following the completion of the project. No investmentmanagementservices are provided in such an engagement. Clients are solely responsible forimplementing any recommendations made by Flow. Clients are not obligated toimplementanyrecommendationsthroughFlow.

In general, the financial plan will address any or all of the areas of concernenumeratedaboveintheAnnualAdvisoryServices.Theclientandadvisorwillworktogethertoselectthespecificareastocover.

ConflictofInterest:AconflictexistsbetweentheinterestsofFlowandtheinterestsoftheclient.Theclientisundernoobligationtoactupontheinvestmentadviser'srecommendation,andiftheclientelectstoactonanyoftherecommendations,theclientisundernoobligationtoeffectthetransactionthroughtheinvestmentadviser.

Online Courses Flow occasionally creates online courses that are sold through third-party onlinecourseplatformstothegeneralpublic.Topicsmayincludeissuesrelatedtojoboffers,stockcompensation,employeebenefitschoices,orretirementstrategies.Ourcoursesare educational in nature and do not involve the sale of insurance or investmentproducts.Informationpresentedwillnotbebasedonanyoneperson’sneednordowe provide individualized investment advice to attendees during our generalsessions.

Webinars FlowprovidesoccasionalwebinarsforanorganizationcalledTechLadies®.(TechLadies®isaprofessionalorganizationofwomeninthetechnologyindustry.)Topicsmay include issues related to job offers, stock compensation, investing basics,employeebenefitschoices,orretirementstrategies.Ourwebinarsareeducationalinnatureanddonotinvolvethesaleofinsuranceorinvestmentproducts.Informationpresented will not be based on any one person’s need nor do we provideindividualizedinvestmentadvicetoattendeesduringourgeneralsessions.

Speaking Engagements Weperformspeakingengagementsforgroupsdesiringgeneraladviceonpersonalfinance and investing. Topics may include issues related to investing, stockcompensation, employee benefits choices, or retirement strategies. Our speakingengagementsareeducational innatureanddonotinvolvethesaleof insuranceorinvestmentproducts.Informationpresentedwillnotbebasedonanyoneperson’sneednordoweprovide individualized investmentadvice toattendeesduringour

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generalsessions.

Client Tailored Services and Client Imposed Restrictions We offer the same suite of services to all of our clients. However, specific clientfinancialplansandtheirimplementationaredependentupontheclientInvestmentPolicy Statement and Risk tolerance questionnaire. The IPS outlines each client’scurrent situation (income, tax levels, and risk tolerance levels) and is used toconstruct a client specific plan to aid in the selection of a portfolio thatmatchesrestrictions,needs,andtargets.

Wrap Fee Programs Wedonotparticipateinwrapfeeprograms.

Item 5: Fees and Compensation Flow is a fee-only firm. Flow is compensated solely by professional fees receiveddirectlyfromitsclients.NeitherFlow,noranyrelatedpersonassociatedwithFlow,receives compensation that is contingent on the purchase or sale of a financialproduct.NeitherFlow,noranyrelatedpersonofFlow,acceptsanysalescommissionsreferralfees,servicefees,orotherformofcompensationfromanythirdparty,nordoesFloworanyrelatedpersoncompensateanyoneelsedirectlyor indirectly forclient referrals. Fees are generally negotiable and are paid as described below,directlybytheclient.

Flow’sfeeandthespecificmannerinwhichfeesarechargedisestablishedineachclientagreementwiththeclient.InnoeventwillFlowcollectmorethan$500.00morethansixmonthsinadvancefromanyclient.

Pleasenote,unlessaclienthasreceived the firm’sdisclosurebrochureat least48hourspriortosigningtheclientagreement,theclientagreementmaybeterminatedby theclientwithin five(5)businessdaysofsigning theclientagreementwithoutincurringanyadvisoryfeesandwithoutpenalty.

Annual Advisory Services Fee and Billing The fee for service is determined at the beginning of the client relationship andreevaluatedwheneversignificantchangesoccurtotheclient’sfinancialsituationorassetsundermanagement.Itisbilledinadvance,basedonaflatfee.BoththeclientandtheAdvisoragreetothetotalcostoftheservicepriortobeginninganywork.

Flowandtheclientwillre-executeagreementswithclientsintheeventthatthereisachangeintheclient’sfee.

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Feeswill be assessed pro rata in the event that the agreed-upon annual servicescommencesubsequenttothefirstdayofacalendarmonth.Clientspaythefeeoneoftwoways:

1. Monthly,throughElectronicFundsTransfer

2. Quarterly, debiteddirectly from theClients’ account, at the discretion of theClient, by the custodian upon submission of an invoice to the custodianindicatingtheaccountnumberandamountoffeestobepaid.

Insomecases,aclientmaybepermittedtopayfeesbycheck.

TheannualfeeisbasedontheassetstobemanagedbyFlowasofthestartoftheengagement,asreportedtoFlowbytheclientbeforestartingtheengagement.Thefeeisablendedrateofthesebrackets:

AssetsunderManagement Fee%$0-$1,000,000 1.00%

$1,000,001-$3,000,000 0.50%$3,000,001andabove 0.25%

Forexample:

● Clientassetsundermanagement=$4M● Clientfee=

o $1Mx1%= $10,000o Next$2Mx0.50%= $10,000o Final$1Mx0.25%= $2,500o Totalfee= $25,000(0.625%ofAUM)

Theminimumannualfeeis$6000forasinglepersonand$8000foracouple.Theannualfeewillnotexceed2%ofassetsundermanagement.Ifthecalculatedfeedoesexceed2%AUM,then:

1. Ifthefeeexceeds2%ofAUMfromtheonsetoftheclientengagement,thenFlowwilltracktasksandhoursandearnthefeesbasedonhoursworked,basedonanhourlyrateof$400.

2. Iftheflatfeedoesnotexceed2%ofAUMtobeginwithbut,becauseofchangestotheportfolio,itnowdoes,Flowwilleitherlowerthefeetobebelow2%orjustifythefeebasedonhours,asabovedescribed.

Flowwillcalculate%ofAUMevery6monthstoensurefeesdon’texceed2%.Flowusesanhourlyrateonlyinordertocalculatefeesearnedfromclients,eitheraspartoftheAnnualAdvisoryService(intheeventfeesrepresent>2%ofAUM)oraOne-TimeComprehensiveFinancialPlan (in theevent theclientengagementends

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beforedeliveryoftheplan).Flowdoesnotprovidehourlyservices.

EithertheclientorFlowmayterminatetheengagementwithoutcauseatanytimebywritten notice. The clientmay obtain a full refund by providingwritten notice ofterminationwithin five days of signing the client agreement. In the event of latertermination,prepaidbutunearnedclient feeswillbepromptlyrefundedonapro-ratabasisbasedonthenumberofdaysremaininginthebillingperiod.Refundswillbeissuedbycheckorbyelectronicfundstransfer.Attermination,Flowwilldelivertotheclientallworkperformedfortheclientthathasnotalreadybeendelivered.

In all instances, Flowwill send the client awritten invoice, including the fee, theformulausedtocalculatethefee,thetimeperiodcoveredbythefee,and,ifapplicable,theamountofassetsundermanagementonwhichthefeewasbased.Flowwillsendthese to the client concurrent with the request for payment or payment of theadviser’sadvisoryfees.

ForclientswhosefeeFlowjustifiesbyhoursworked:

1. Every6months,weissueaninvoicethatoutlinesallthetasksandassociatedhoursfortheprevious6months.

2. Atthatpoint,wereconcilethefeesearnedwiththefeespaid.

a. Iffeespaidexceedfeesearned,weissuearefundfortheexcess.

b. Iffeesearnedexceedfeespaid,theunpaidfeeswillbeincludedinthenext6-monthcycle.

Weurge theclient tocompare this informationwith the fees listed in theaccountstatement.

DiscountingofAdvisoryFees.Theservicestobeprovidedtotheclientandtheirspecific feeswillbedetailed in theclientagreement.The firm’spublished feesarenegotiable. We strive to offer fees that are fair and reasonable in light of theexperienceofourfirmandtheservicestobeprovidedtotheclient.

ForCaliforniaResidents:WeareobligatedunderCaliforniastatutetoinformyouthatlowerfeesforcomparableservicesmaybeavailablefromothersources.

One-Time Comprehensive Financial Plan AOne-TimeComprehensiveFinancialPlancosts$6000-$10,000,dependingonthecomplexityoftheclient’sfinancialandtaxsituation.Forexample,aclientwhoisacouple,hasstockoptions,andownstheirownbusinesswouldrequiregreaterfirmresourcesintheformoftimeandexpertiseandwouldthereforemeritahigherfeethanasinglepersonwithjustsalarycompensation.

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Halfthefeeisdueuponsigningtheclientagreement,andtheremaininghalfdueupondeliveryoftheplan.Theservicemaybeterminatedatanytime,effectiveimmediately.Ifserviceisterminatedbeforedeliveryoftheplan,Flowwilldelivertheworkalreadydone.Iflessthanhalftheworkhasbeenperformedattermination,Flowwillrefundtheclient,bycheck,fortheunearnedamount.Ifmorethanhalftheworkhasbeenperformedattermination,Flowwillinvoicetheclientfortheadditionalamountdue.Therefundoradditionalamountduewillbecalculatedbasedonanhourlyrateof$400/hour.

Flowusesanhourlyrateonlyinordertocalculatefeesearnedfromclients,eitheraspartoftheAnnualAdvisoryService(intheeventfeesrepresent>2%ofAUM)oraOne-TimeComprehensiveFinancialPlan (in theevent theclientengagementendsbeforedeliveryoftheplan).Flowdoesnotprovidehourlyservices.

Thefeeisnegotiable.Clientswillreceiveaninvoiceforfeepaymentrequests.

ForCaliforniaResidents:WeareobligatedunderCaliforniastatutetoinformyouthatlowerfeesforcomparableservicesmaybeavailablefromothersources.

ThefeeispayablebycheckorElectronicFundsTransfer.

Online Courses Onlinecourses,ashostedonthird-partyonline-courseplatforms,willcostbetween$50and$200perattendee,dependingonthelengthandcomplexityofthecourse,thedeliverablesprovided,andtheinvolvementofotherprofessionalsinthecreationandpresentationofthecourse.Thefeeiscollected,viaelectronicfundstransfer,priortothewebinar.Thefeeisnotnegotiable.

Webinars CurrentlyFlowofferswebinarsonlyfortheTechLadies®organization.TechLadies®setstheticketpriceandcurrentlypaysFlowapercentageoftheticketprice,attheirdiscretion.FlowispaiddirectlybyTechLadies®viaelectronicfundsdeposit,afterthecompletionofthewebinar.

Speaking Engagements Speakingengagementswillrangeinpricebetween$400-$1000(exclusiveoftravel-cost reimbursement)dependingon the length, locationandenrollment.TheclientandFlowwillagreeonthefeeassociatedwithaspecificengagementbeforeitoccurs.

Thefeeisnegotiable,andspeakingengagementsmaybeprovidedprobono.Thefeewillbecollectedafterthespeakingengagementisperformed.

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Termination:

● Iftheadvisorterminatestheengagementbecauseofinclementweatherandhasmade all reasonable attempts tomake alternative travel arrangements, theclientdoesnotoweanyspeakerfeesbutisresponsibleforanynon-refundabletravelexpensesalreadyincurred.

● Iftheadvisorterminatestheengagementduetohealthorsimilarunforeseencircumstances, the client does not owe any fees (no speaker fee, no travelexpenses).

● If the client terminates the engagement for any reason besides weather orsimilarunforeseencauses,theclientwillberesponsibleforreimbursementsof any non-refundable travel expenses already incurred, and will providepaymentfor50%ofthespeakingfeeiftheterminationoccurswithin30daysoftheevent.

● Intheeventoftermination,norefundisnecessarybecausenofeesarepaiduntiltheend.

ThefeeispayablebycheckorElectronicFundsTransfer.

Other Types of Fees and Expenses Ourfeesareexclusiveofbrokeragecommissions,transactionfees,andotherrelatedcostsandexpenseswhichmaybe incurredbytheclient.Clientsmay incurcertaincharges imposedby custodians, brokers, andother thirdparties suchas custodialfees,deferred sales charges,odd-lotdifferentials, transfer taxes,wire transferandelectronicfundfees,andotherfeesandtaxesonbrokerageaccountsandsecuritiestransactions. Mutual fund and exchange traded funds also charge internalmanagementfees,whicharedisclosedinafund’sprospectus.Suchcharges,feesandcommissionsareexclusiveofandinadditiontoourfee,andweshallnotreceiveanyportionofthesecommissions,fees,andcosts.

Item12furtherdescribesthefactorsthatweconsiderinselectingorrecommendingbroker-dealersforclient’stransactionsanddeterminingthereasonablenessoftheircompensation(forexample,commissions).

We do not accept compensation for the sale of securities or other investmentproductsincludingasset-basedsaleschargesorservicefeesfromthesaleofmutualfunds.

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Item 6: Performance-Based Fees and Side-By-Side Management Wedonotofferperformance-basedfees.

Item 7: Types of Clients There is nominimumaccount size for anyof our clients. Flowgenerallyprovidesinvestmentadvicetoindividuals,families,smallbusinesses,andtrusts.

Item 8: Methods of Analysis, Investment Strategies and Risk of Loss OurprimarymethodofinvestmentanalysisisPassiveInvestmentManagement.

Passive Investment Management Weprimarilypracticepassive investmentmanagement.Passive investing involvesbuilding portfolios that are comprised of several distinct asset classes. The assetclasses are weighted in amanner to reflect a targeted balance between risk andreturn.Passive investing seeks tomatchmarket returns atminimal cost, notbeatthem.Fundsthatpassivelycapturethereturnsofthedesiredassetclassesareplacedintheportfolio.Tobuildourclients’portfoliosinalignmentwiththisapproach,wetypicallyuse low-cost,heavilydiversified indexmutual fundsandexchangetradedfunds.

Wegenerallydonotadviseclientsonthepurchaseofanysecuritiesotherthanthosejust listed, but sometimes clients come to Flow with other securities—such asindividual stocks, activelymanagedmutual funds, annuities, etc.—already in theirportfolio.Inthatcase,wedoadviseclientsonwhetherornottheyshouldkeepthosesecurities. Additionally, we do advise clients on the purchase of employer stockofferedthroughvariousemployeebenefitsplans.

Passiveinvestmentmanagementischaracterizedbylowportfolioexpenses(thatis,thefundsinsidetheportfoliohavelowinternalcosts),minimaltradingcosts(duetoinfrequenttradingactivity),andrelativetaxefficiency(becausethefundsinsidetheportfolioaretaxefficientandturnoverinsidetheportfolioisminimal).

Incontrast,activemanagementinvolvesasinglemanagerormanagerswhoemploysome method, strategy or technique to construct a portfolio that is intended togenerate returns that are greater than the broader market or a designated

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benchmark. Academic research indicatesmost activemanagers underperform themarket.

Material Risks Involved All investingstrategiesweoffer involveriskandmayresult ina lossofyouroriginal investment commodities and any other investment or security.Materialrisksassociatedwithourinvestmentstrategiesarelistedbelow.

Market Risk: Market risk involves the possibility that an investment’s currentmarketvaluewillfallbecauseofageneralmarketdecline,reducingthevalueoftheinvestment regardless of the operational success of the issuer’s operations or itsfinancialcondition.

Small andMedium Cap CompanyRisk: Securities of companieswith small andmedium market capitalizations are often more volatile and less liquid thaninvestments in larger companies. Small and medium cap companies may face agreater risk of business failure, which could increase the volatility of the client’sportfolio.

InterestRateRisk:Bond(fixedincome)pricesgenerallyfallwheninterestratesrise,andthevaluemayfallbelowparvalueortheprincipalinvestment.Theoppositeisalso generally true: bondprices generally risewhen interest rates fall. In general,fixed income securities with longer maturities are more sensitive to these pricechanges. Most other investments are also sensitive to the level and direction ofinterestrates.

LegalorLegislativeRisk:LegislativechangesorCourtrulingsmayimpactthevalueofinvestments,orthesecurities’claimontheissuer’sassetsandfinances.

Inflation:Inflationmayerodethebuying-powerofyourinvestmentportfolio,evenifthedollarvalueofyourinvestmentsremainsthesame.

Risks Associated with Securities Apartfromthegeneralrisksoutlinedabovewhichapplytoalltypesofinvestments,specificsecuritiesmayhaveotherrisks.

Commonstocksmaygoupanddowninpricequitedramatically,andintheeventofan issuer’s bankruptcy or restructuring could lose all value. A slower-growth orrecessionaryeconomicenvironmentcouldhaveanadverseeffectonthepriceofallstocks.

Corporate Bonds are debt securities to borrow money. Generally, issuers payinvestorsperiodicinterestandrepaytheamountborrowedeitherperiodicallyduringthelifeofthesecurityand/oratmaturity.Alternatively,investorscanpurchaseother

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debtsecurities,suchaszerocouponbonds,whichdonotpaycurrent interest,butratherarepricedatadiscountfromtheirfacevaluesandtheirvaluesaccreteovertime to face value at maturity. The market prices of debt securities fluctuatedependingonsuchfactorsasinterestrates,creditquality,andmaturity.Ingeneral,marketpricesofdebtsecuritiesdeclinewheninterestratesriseandincreasewheninterestratesfall.Thelongerthetimetoabond’smaturity,thegreateritsinterestraterisk.

MunicipalBondsaredebtobligationsgenerallyissuedtoobtainfundsforvariouspublicpurposes,includingtheconstructionofpublicfacilities.Municipalbondspayalowerrateofreturnthanmostothertypesofbonds.However,becauseofamunicipalbond’stax-favoredstatus,investorsshouldcomparetherelativeafter-taxreturntotheafter-taxreturnofotherbonds,dependingontheinvestor’staxbracket.Investinginmunicipalbondscarriesthesamegeneralrisksasinvestinginbondsingeneral.Thoserisksincludeinterestraterisk,reinvestmentrisk,inflationrisk,marketrisk,callorredemptionrisk,creditrisk,andliquidityandvaluationrisk.

ExchangeTradedFundspricesmayvarysignificantlyfromtheNetAssetValuedueto market conditions. Certain Exchange Traded Funds may not track underlyingbenchmarksasexpected.

InvestmentCompaniesRisk.Whena client invests inopenendmutual fundsorETFs, the client indirectly bears its proportionate share of any fees and expensespayabledirectlybythosefunds.Therefore,theclientwillincurhigherexpenses,manyofwhichmaybeduplicative.Inaddition,theclient’soverallportfoliomaybeaffectedby losses of an underlying fund and the level of risk arising from the investmentpracticesofanunderlyingfund(suchastheuseofderivatives).ETFsarealsosubjecttothefollowingrisks:(i)anETF’ssharesmaytradeatamarketpricethatisaboveorbelow their net asset value; (ii) the ETFmay employ an investment strategy thatutilizeshighleverageratios;or(iii)tradingofanETF’ssharesmaybehaltedifthelisting exchange’s officials deem such action appropriate, the shares are de-listedfromtheexchange,ortheactivationofmarket-wide“circuitbreakers”(whicharetiedtolargedecreasesinstockprices)haltsstocktradinggenerally.TheAdviserhasnocontrolovertheriskstakenbytheunderlyingfundsinwhichclientsinvest.

Item 9: Disciplinary Information

Criminal or Civil Actions Flowanditsmanagementhavenotbeeninvolvedinanycriminalorcivilaction.

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Administrative Enforcement Proceedings Flow and its management have not been involved in administrative enforcementproceedings.

Self-Regulatory Organization Enforcement Proceedings Flowanditsmanagementhavenotbeeninvolvedinlegalordisciplinaryeventsthatarematerialtoaclient’sorprospectiveclient’sevaluationofFlowortheintegrityofitsmanagement.

Item 10: Other Financial Industry Activities and Affiliations No Flow employee is registered, or have an application pending to register, as abroker-dealeroraregisteredrepresentativeofabroker-dealer.

No Flow employee is registered, or have an application pending to register, as afutures commissionmerchant, commodity pool operator or a commodity tradingadvisor.

Flowdoesnothaveanyrelatedparties.Asaresult,wedonothavearelationshipwithanyrelatedparties.

Flow only receives compensation directly from clients. We do not receivecompensationfromanyoutsidesource.Wedonothaveanyconflictsofinterestwithanyoutsideparty.

Recommendations or Selections of Other Investment Advisers Flowdoesnot recommend clients toOutsideManagers tomanage their accounts.Clients may choose to use an Outside Manager to implement Flow’srecommendations.

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Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading Asafiduciary,ourfirmanditsassociateshaveadutyofutmostgoodfaithtoactsolelyinthebestinterestsofeachclient.Ourclientsentrustuswiththeirfundsandpersonalinformation,whichinturnplacesahighstandardonourconductandintegrity.OurfiduciarydutyisacoreaspectofourCodeofEthicsandrepresentstheexpectedbasisofallofourdealings.ThefirmalsoadherestotheCodeofEthicsandProfessionalResponsibility adopted by the CFP® Board of Standards Inc., and accepts theobligationnotonlytocomplywiththemandatesandrequirementsofallapplicablelaws and regulations but also to take responsibility to act in an ethical andprofessionally responsible manner in all professional services and activities.Additionally,FlowrequiresadherencetoitsInsiderTradingPolicy(containedintheCodeofEthics).

Code of Ethics Description This codedoesnot attempt to identify all possible conflictsof interest, and literalcompliancewitheachofitsspecificprovisionswillnotshieldassociatedpersonsfromliability for personal trading or other conduct that violates a fiduciary duty toadvisoryclients.AsummaryoftheCodeofEthics'Principlesisoutlinedbelow.

● Integrity - Associated persons shall offer and provide professional serviceswithintegrity.

● Objectivity -Associatedpersons shall beobjective inprovidingprofessionalservicestoclients.

● Competence-Associatedpersonsshallprovideservicestoclientscompetentlyandmaintainthenecessaryknowledgeandskilltocontinuetodosointhoseareasinwhichtheyareengaged.

● Fairness-Associatedpersonsshallperformprofessionalservicesinamannerthatisfairandreasonabletoclients,principals,partners,andemployers,andshalldiscloseconflict(s)ofinterestinprovidingsuchservices.

● Confidentiality - Associated persons shall not disclose confidential clientinformationwithout thespecific consentof theclientunless in response toproperlegalprocess,orasrequiredbylaw.

● Professionalism-Associatedpersons’conductinallmattershallreflectcreditoftheprofession.

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● Diligence - Associated persons shall act diligently in providing professionalservices.

We periodically review and amend our Code of Ethics to ensure that it remainscurrent,andwerequireallfirmaccesspersonstoattesttotheirunderstandingofandadherencetotheCodeofEthicsatleastannually.OurfirmwillprovideacopyofitsCodeofEthicstoanyclientorprospectiveclientuponrequest.

Investment Recommendations Involving a Material Financial Interest and Conflicts of Interest Neitherourfirm,itsassociatesoranyrelatedpersonisauthorizedtorecommendtoaclient,oreffectatransactionforaclient,involvinganysecurityinwhichourfirmora related person has a material financial interest, such as in the capacity as anunderwriter,advisertotheissuer,etc.

Advisory Firm Purchase of Same Securities Recommended to Clients and Conflicts of Interest Ourfirmandits“relatedpersons”maybuyorsellsecuritiessimilarto,ordifferentfrom, thosewerecommendtoclients for theiraccounts. Inaneffort toreduceoreliminate certain conflicts of interest involving the firm or personal trading, ourpolicymay require thatwe restrict or prohibit associates’ transactions in specificreportablesecuritiestransactions.Anyexceptionsortradingpre-clearancemustbeapprovedbythefirmprincipalinadvanceofthetransactioninanaccount,andwemaintaintherequiredpersonalsecuritiestransactionrecordsperregulation.

Trading Securities At/Around the Same Time as Client’s Securities Fromtime to time,our firmor its “relatedpersons”maybuyor sell securities forthemselves at or around the same time as clients. We will not trade non-fundsecurities(mutualfundsorexchange-tradedfunds)within5dayspriortothesamesecurityforclients.

Item 12: Brokerage Practices

Factors Used to Select Custodians and/or Broker-Dealers Specificcustodianrecommendationsaremadetoclientsbasedontheirneedforsuch

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services.Werecommendcustodiansbasedonthereputationandservicesprovidedby the firm. Our primary recommended custodian is TD Ameritrade Institutional,DivisionofTDAmeritrade,Inc.,memberFINRA/SIPC,anunaffiliatedSEC-registeredbroker-dealer(“TDAmeritrade”).

Flow participates in the institutional program (the “Program”) offered by TDAmeritrade Institutional. TD Ameritrade offers to independent investment firmsservices which include custody of securities, trade execution, clearance andsettlementoftransactions.FlowreceivessomebenefitsfromTDAmeritradethroughitsparticipationintheProgram.

1. Research and Other Soft-Dollar Benefits As disclosed above, Flow participates in TD Ameritrade’s institutional customerprogramandmayrecommendTDAmeritradetoclientsforcustodyandbrokerageservices.ThereisnodirectlinkbetweenFlow’sparticipationintheprogramandtheinvestmentadvice it gives to its clients, althoughFlowreceiveseconomicbenefitsthrough its participation in the program that are typically not available to TDAmeritraderetailinvestors.Suchnon-cashbenefitsarereferredtoas“softdollars”.

Thesebenefitsincludethefollowingproductsandservices(providedwithoutcostorat a discount): receipt of duplicate client statements and confirmations; researchrelatedproductsandtools;consultingservices;accesstoatradingdeskservingFlowparticipants; access to block trading (which provides the ability to aggregatesecurities transactions for execution and then allocate the appropriate shares toclient accounts); the ability to have advisory fees deducted directly from clientaccounts;accesstoanelectroniccommunicationsnetworkforclientorderentryandaccountinformation;accesstomutualfundswithnotransactionfeesandtocertaininstitutionalmoneymanagers; and discounts on compliance,marketing, research,technology,andpracticemanagementproductsorservicesprovidedtoFlowbythirdpartyvendors.

TDAmeritrademayalsohavepaidforbusinessconsultingandprofessionalservicesreceivedbyFlow’srelatedpersons.SomeoftheproductsandservicesmadeavailablebyTDAmeritrade through theprogrammaybenefit Flowbutmaynot benefit itsclient accounts. These products or services may assist Flow in managing andadministeringclientaccounts,includingaccountsnotmaintainedatTDAmeritrade.OtherservicesmadeavailablebyTDAmeritradeareintendedtohelpFlowmanageandfurtherdevelopitsbusinessenterprise.

ThebenefitsreceivedbyFloworitspersonnelthroughparticipationintheprogramdonotdependontheamountofbrokeragetransactionsdirectedtoTDAmeritrade.Aspartofitsfiduciarydutiestoclients,Flowendeavorsatalltimestoputtheinterestsof its clients first. Clients should be aware, however, that the receipt of economicbenefitsbyFloworitsrelatedpersonsinandofitselfcreatesapotentialconflictofinterestandmayindirectlyinfluenceFlow’schoiceofTDAmeritradeforcustodyand

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brokerageservices.

Flow’s membership in the XY Planning Network means it is eligible for TDAmeritrade’s custodian service regardless of assets under management, with noplatformfees.

2. Brokerage for Client Referrals Wereceivenoreferralsfromabroker-dealerorthirdpartyinexchangeforusingthatbroker-dealerorthirdparty.

3. Clients Directing Which Broker/Dealer/Custodian to Use Werecommendaspecificcustodianforclientstouse.OurpreferredrecommendedcustodianisTDAmeritrade.Asaresult,werelyonthebestexecutionpracticesofthecustodiantoachievemost favorableexecutionofclient transactions.However, thecustodian’s inability to achieve themost favorable execution on a per transactionbasismaycostclientsmoneyoverusingalower-costcustodian.

Aggregating (Block) Trading for Multiple Client Accounts In general, we do not combine multiple orders for shares of the same securitiespurchased for advisory accounts we manage (the practice of combining multipleordersforsharesofthesamesecuritiesiscommonlyreferredtoas“blocktrading”).Accordingly,clientsmaypaydifferentpricesforthesamesecuritiestransactionsthanotherclientspay.Furthermore,wemaynotbeabletobuyandsellthesamequantitiesofsecuritiesforyouandclientsmaypayhighercommissions,fees,and/ortransactioncoststhanotherclients.

Item 13: Review of Accounts MargaretHelenBartelt,PresidentandCCOofFlow,willworkwithclientstoobtaincurrentinformationregardingtheirassetsandinvestmentholdingsandwillreviewthis information as part of our financial planning services. Flowdoes not providespecificreportstoclients,otherthanfinancialplans.

Client accounts with the Annual Advisory Services and with accounts at Flow’srecommendedcustodianwillbereviewedregularlyonnolessthananannualbasisbyMargaretHelenBartelt,PresidentandCCO.Accountsunderadvisementwillbereviewedannually.Theaccountisreviewedwithregardstotheclient’sinvestmentpoliciesandrisktolerancelevels.Eventsthatmaytriggeraspecialreviewwouldbeunusualperformance,additionordeletionsofclientimposedrestrictions,excessivedraw-down,volatilityinperformance,orbuyandselldecisionsfromthefirmorperclient'sneeds.

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Clientswill receive tradeconfirmations fromthebroker(s) foreach transaction intheiraccountsaswellasmonthlyorquarterlystatementsandannualtaxreportingstatementsfromtheircustodianshowingallactivityintheaccounts,suchasreceiptofdividendsandinterest.

FlowwillprovidewrittenorelectronicreportstoitsAnnualAdvisoryServicesclientson an annualbasis.Weurge clients to compare these reports against the accountstatementstheyreceivefromtheircustodian.

Item 14: Client Referrals and Other Compensation Wedonotreceiveanyeconomicbenefit,directlyorindirectlyfromanythirdpartyforadvicerenderedtoourclients.Nordowedirectlyorindirectlycompensateanypersonwhoisnotadvisorypersonnelforclientreferrals.

As disclosed under Item 12, above, Advisor participates in TD Ameritrade’sinstitutional customer program and Advisor may recommend TD Ameritrade toClientsforcustodyandbrokerageservices.ThereisnodirectlinkbetweenAdvisor’sparticipationintheprogramandtheinvestmentadviceitgivestoitsClients,althoughAdvisorreceiveseconomicbenefitsthroughitsparticipationintheprogramthataretypicallynotavailabletoTDAmeritraderetailinvestors.Thesebenefitsincludethefollowingproductsandservices(providedwithoutcostoratadiscount):receiptofduplicateClientstatementsandconfirmations;researchrelatedproductsandtools;consultingservices;accesstoatradingdeskservingAdvisorparticipants;accesstoblock trading (which provides the ability to aggregate securities transactions forexecutionandthenallocatetheappropriatesharestoClientaccounts);theabilitytohaveadvisory feesdeducteddirectly fromClient accounts; access to anelectroniccommunicationsnetworkforClientorderentryandaccountinformation;accesstomutualfundswithnotransactionfeesandtocertaininstitutionalmoneymanagers;and discounts on compliance, marketing, research, technology, and practicemanagementproductsor servicesprovided toAdvisorby thirdpartyvendors.TDAmeritrademay also have paid for business consulting and professional servicesreceived by Advisor’s related persons. Some of the products and services madeavailablebyTDAmeritradethroughtheprogrammaybenefitAdvisorbutmaynotbenefititsClientaccounts.TheseproductsorservicesmayassistAdvisorinmanagingand administering Client accounts, including accounts not maintained at TDAmeritrade.OtherservicesmadeavailablebyTDAmeritradeare intended tohelpAdvisormanageandfurtherdevelopitsbusinessenterprise.ThebenefitsreceivedbyAdvisororitspersonnelthroughparticipationintheprogramdonotdependonthenumberofbrokeragetransactionsdirectedtoTDAmeritrade.Aspartofitsfiduciary

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dutiestoClients,AdvisorendeavorsatalltimestoputtheinterestsofitsClientsfirst.Clientsshouldbeaware,however,thatthereceiptofeconomicbenefitsbyAdvisororits relatedpersons in andof itself creates a potential conflict of interest andmayindirectlyinfluencetheAdvisor’schoiceofTDAmeritradeforcustodyandbrokerageservices.

Item 15: Custody Flowdoesnotmaintaincustodyofanyclientaccounts.Allaccountsareheldbyanindependent custodian. Flow has the ability to directly deduct fees from Client’scustodialaccount.Whendoingso:

1. FlowsendsacopyofitsinvoicetothecustodianortrusteeatthesametimethatitsendsacopytotheClient

2. The custodian sends quarterly statements to the client showing alldisbursements for the custodianaccount, including the amountof advisoryfees,and

3. TheClientprovideswrittenauthorizationpermittingtheinvestmentadvisortobepaiddirectlyfromtheiraccountsheldbythecustodianortrustee.

Clientwillreceiveatleastquarterlystatementsfromthebroker-dealer,bank,orotherqualifiedcustodianthatholdsandmaintainsClient’sinvestmentassets.FlowurgesallClients to reviewcarefully suchstatementsandcomparesuchofficial custodialrecords to any statements that we may provide to you. Flow may also provideClient(s) will periodic reports on your accounts. Our statements may vary fromcustodialstatementsbasedonaccountingprocedures,reportingdates,orvaluationmethodologiesofcertainsecurities.

Item 16: Investment Discretion Flow offers discretionary investment management over Annual Advisory clientaccountswithrespecttosecuritiestobeboughtandsoldandtheamountofsecuritiestobeboughtandsold.Investmentdiscretionisexplainedtoclientsindetailwhenanadvisoryrelationshiphascommenced.Atthestartoftheadvisoryrelationship,theclientwillexecuteaLimitedPowerofAttorneywhichwillgrantourfirmdiscretionovertheaccount.Additionally,thediscretionaryrelationshipwillbeoutlinedintheclientagreementandsignedbytheclient.

Item 17: Voting Client Securities WedonotvoteClientproxies.Therefore,Clientsmaintainexclusiveresponsibility

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for:(1)votingproxies,and(2)actingoncorporateactionspertainingtotheClient’sinvestmentassets.TheClientshallinstructtheClient’squalifiedcustodiantoforwardto theClient copiesof allproxiesandshareholder communications relating to theClient’sinvestmentassets.Iftheclientwouldlikeouropiniononaparticularproxyvote,theymaycontactusatthenumberlistedonthecoverofthisbrochure.

Inmostcases,youwillreceiveproxymaterialsdirectlyfromtheaccountcustodian.However,intheeventweweretoreceiveanywrittenorelectronicproxymaterials,wewouldforwardthemdirectlytoyoubymail,unlessyouhaveauthorizedourfirmtocontactyoubyelectronicmail,inwhichcase,wewouldforwardyouanyelectronicsolicitationtovoteproxies.

Item 18: Financial Information RegisteredInvestmentAdvisersarerequiredinthisItemtoprovideyouwithcertainfinancial information or disclosures about our financial condition. We have nofinancial commitment that impairs our ability to meet contractual and fiduciarycommitments to clients, and we have not been the subject of a bankruptcyproceeding.

Item 19: Requirements for State-Registered Advisers

Margaret Helen Bartelt (CRD# 6619860) Born:1976

Educational Background 2011 – Master of Science in Financial Planning, Golden Gate University

1998 – Bachelor of Arts in Economics, Wellesley College

Business Experience 02/2016 – Present, Flow Financial Planning, LLC, President and CCO

10/2013 – 12/2016 Self-Employed, Contract Financial Planner

07/2012 – 08/2013 Tull Financial Group, Inc., Associate Advisor

01/2010 – 06/2012, LiveOak LLC, Paraplanner

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Professional Designations, Licensing & Exams CertifiedFinancialPlanner™professional

Series65Examination(ThisisnotaLicense,oraProfessionalDesignation)

Other Business Activities MargaretHelenBarteltdoesnotparticipateinanyotherbusinessactivities.

Performance Based Fees Flowisnotcompensatedbyperformance-basedfees.

Material Disciplinary Disclosures NomanagementpersonatFlowFinancialPlanning,LLChaseverbeeninvolvedinanarbitration claim of any kind or been found liable in a civil, self-regulatoryorganization,oradministrativeproceeding.

Material Relationships That Management Persons Have With Issuers of Securities FlowFinancialPlanning,LLC,norMargaretHelenBartelt,haveanyrelationshiporarrangementwithissuersofsecurities,inadditiontowhatisdescribedinItem10.

Additional Compensation Margaret Helen Bartelt does not receive any economic benefit from any person,company,ororganization,inexchangeforprovidingclientsadvisoryservicesthroughFlow.

Supervision Margaret Helen Bartelt, as President and Chief Compliance Officer of Flow, isresponsible for supervision. Shemay be contacted at the phone number on thisbrochuresupplement.

Requirements for State Registered Advisers MargaretHelenBartelthasNOTbeeninvolvedinanarbitration,civilproceeding,self-regulatoryproceeding,administrativeproceeding,orabankruptcypetition.

Business Continuity Plan Flow Financial Planning, LLC has a written Business Continuity Plan (“BCP), lastrevised August 3, 2018. The BCP attempts to prepare for business disruptions of

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varyingseverityandscope.Althoughitisimpossibletoanticipateeveryscenario,theplanstrives toenableFlowtoresumedoingbusinessevenafter theoccurrenceofeventsthataremostlikelytoaffectbusinessoperations.

Thefirm’spolicyistorespondtoaSignificantBusinessDisruptionbysafeguardingemployee lives and firmproperty,makinga financial andoperational assessment,quicklyrecoveringandresumingoperations,andprotectingallof the firm’sbooksand records. In the event that the company determines an inability to continuebusiness, clientswillbenotifiedquickly. For thoseclientswhopay inarrears,norefunds will be necessary. For those clients who pay in advance, they will bereimbursed,bycheck,apro-ratedamountforthedaysforwhichtheydidnotreceiveservice.