Firm Description
The Family Wealth Advisory Group, LLC, (hereinafter FWAG) was formed in March 2002 and is 100% owned by Robert J Grossheim. FWAG provides personalized wealth management, financial planning and investment management services, where appropriate, to individuals, high net worth individuals, trusts and estates. Advice is provided through consultation with the client and may include: determination of financial objectives, cash flow management, tax planning, insurance review, investment management, education funding, retirement planning, and estate planning. FWAG is strictly a fee-only financial planning and investment management firm. The firm does not sell annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products. The firm is not affiliated with entities that sell financial products or securities. No commissions in any form are accepted by the firm. No finder’s fees are accepted. Investment advice is provided, with or without the client making the final decision on investment selection depending on the extent to which discretion has been authorized. FWAG does not act as a custodian of client assets. The client always maintains asset control. FWAG places trades for clients under a limited power of attorney. A written evaluation of each client's initial situation is provided to the client, often in the form of a financial plan or simply a net worth statement. Periodic reviews are also communicated to provide reminders of the specific courses of action that need to be taken. More frequent reviews occur but are not necessarily communicated to the client unless immediate changes are recommended. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) are engaged directly by the client on an as-needed basis. Conflicts of interest will be disclosed to the client in the unlikely event they should occur. The initial meeting, which may be by telephone, is free of charge and is considered an exploratory interview to determine the extent to which financial planning and investment management may be beneficial to the client.
Types of Advisory Services
FWAG provides wealth management services, financial planning only services and investment supervisory services. On more than an occasional basis, FWAG furnishes advice to clients on matters not involving securities, such as financial planning matters and taxation issues. As of 12/31/18, the total of FWAG’s regulatory assets under management ($165,356,814) and additional advisory assets ($80,983,973) was $246,340,786. Of the regulatory assets managed, $92,648,122 was on a discretionary basis and $72,708,691 was on a non-discretionary basis.
Tailored Relationships
The goals and objectives for each client are documented in our client files. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without client consent.
Types of Agreements
The following agreements define the typical client relationships.
Wealth Management Agreement
Most clients choose to have FWAG manage their assets to obtain ongoing in- depth advice and life planning. All aspects of the client’s financial affairs are reviewed. Realistic and measurable goals are set and objectives to reach those goals are defined. As goals and objectives change over time, suggestions are made and implemented on an ongoing basis. The scope of work and fee for a Wealth Management Agreement (WMA) is communicated to the client prior to the start of the relationship. A WMA may include: cash flow management; insurance review; investment management (including performance reporting); education planning; retirement planning; estate planning; and tax preparation (based on complexity of the return), as well as the implementation of recommendations within each area. The annual WMA fee is based on a percentage of the investable assets according to the following schedule: 1.00% on the first $1,000,000; 0.75% over $1,000,000 The minimum annual fee is $3,500 and is not negotiable. Current client relationships may exist where the fees are higher or lower than the fee schedule above. This is not a progressive scale. For example, a client with $1,200,000 would pay $9,000 per year ($1,200,000 * .75%) and not $11,500 per year (($1,000,000 * 1.00%) + ($200,000 * .75%)). Although the Wealth Management Agreement is an ongoing agreement and constant adjustments are required, the length of service to the client is at the client’s discretion. The client or the FWAG Adviser of record may terminate an Agreement by written notice to the other party. At termination, fees will be billed on a pro rata basis for the portion of the quarter completed. The portfolio value at the completion of the prior full billing quarter is used as the basis for the fee computation, adjusted for the number of days during the billing quarter prior to termination.
Investment Supervisory Agreement
An Investment Supervisory Agreement may be executed when only investment management services are required. Under this agreement, financial planning topics and tax preparation are not provided as part of the relationship. The Investment Supervisory Agreement is enacted via a modification of the Wealth Management Agreement and has no minimum annual fee. The annual fee for an Investment Supervisory Agreement is 1.00% of the assets under supervision and is not negotiable.
Financial Planning Agreement
A financial plan is designed to help the client with all aspects of financial planning but does not include ongoing investment management or tax preparation after the financial plan is completed. The financial plan may include, but is not limited to: a net worth statement; a cash flow statement; a review of investment accounts, including reviewing asset allocation and providing repositioning recommendations; strategic tax planning; a review of retirement accounts and plans including recommendations; a review of insurance policies and recommendations for changes, if necessary; one or more retirement scenarios; estate planning review and recommendations; and education planning with funding recommendations. Detailed investment advice and specific recommendations are provided as part of a financial plan. Implementation of the recommendations is at the discretion of the client. The fee for a financial plan is predicated upon the facts known at the start of the engagement. Since financial planning is a discovery process, situations occur wherein the client is unaware of certain financial exposures or predicaments. In the event that the client’s situation is substantially different than disclosed at the initial meeting, a revised fee will be provided for mutual agreement. The client must approve the change of scope in advance of the additional work being performed when a fee increase is necessary. After delivery of a financial plan, future face-to-face meetings may be scheduled as necessary for up to 6 months.
Tax Preparation Agreement
Tax preparation work is not a stand-alone service but may be included in the Wealth Management Agreement scope of work, as indicated above.
Hourly Planning Engagements
FWAG no longer provides hourly planning services for clients who need advice on a limited scope of work as of 12/31/13.
Asset Management
Assets are invested primarily in no-load or low-waived mutual funds and exchange-traded funds, usually through discount brokers or fund companies. Fund companies charge each fund shareholder an investment management fee that is disclosed in the fund prospectus. Discount brokerages may charge a transaction fee for the purchase of some funds. Stocks and bonds may be purchased or sold through a brokerage account when appropriate. The brokerage firm charges a fee for stock and bond trades. FWAG does not receive any compensation, in any form, from fund companies or the brokerage companies. Investments may also include: equities (stocks), corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (no load variable life insurance, no load variable annuities, and mutual funds shares), U. S. government securities, options contracts, and interests in partnerships. Initial public offerings (IPOs) are not available through FWAG.
Termination of Agreement
A Client may terminate any of the aforementioned agreements at any time by notifying FWAG in writing and paying the rate for the time spent on the investment advisory engagement prior to notification of termination. If the client made an advance payment, FWAG will refund any unearned portion of the advance payment. FWAG may terminate any of the aforementioned agreements at any time by notifying the client in writing. If the client made an advance payment, FWAG will refund any unearned portion of the advance payment. please register to get more info

Description
FWAG bases its fees on a percentage of assets under management or fixed minimum fees. Financial plans are priced according to the degree of complexity associated with the client’s situation.
Fee Billing
Investment management fees are billed quarterly, in advance, meaning that client fees are due at the beginning of the three-month billing cycle based on the prior quarter-end account value or beginning investment value. Payment in full is expected upon invoice presentation. Fees are usually deducted from a designated client account to facilitate billing, but clients can opt for a direct invoice, if they so choose. Fees for financial plans are billed 50% in advance, with the balance due upon delivery of the financial plan for plans in excess of $2,400.
Other Fees
Custodians may charge transaction fees on purchases or sales of certain stocks, mutual funds and exchange-traded funds. These transaction charges are usually small and incidental to the purchase or sale of a security. The selection of the security is more important than the nominal fee that the custodian charges to buy or sell the security. The firm’s compensation is solely from fees paid directly by clients. The firm does not receive commission based on the client’s purchase of any financial product, including insurance. No commissions in any form are accepted.
Expense Ratios
Mutual funds generally charge a management fee for their services as investment managers. The management fee is called an expense ratio. For example, an expense ratio of 0.50 means that the mutual fund company charges 0.50% for their services. These fees are in addition to the fees paid by you to FWAG. FWAG does not receive any portion of these services fees as compensation. Performance figures quoted by mutual fund companies in various publications are after their fees have been deducted.
Past Due Accounts and Termination of Agreement
FWAG reserves the right to stop work on any account that is more than 90 days overdue. In addition, FWAG reserves the right to terminate any financial planning engagement where a client has willfully concealed or has refused to provide pertinent information about financial situations when necessary and appropriate, in FWAG’s judgment, to providing proper financial advice. Any unused portion of fees collected in advance will be refunded within 30 days.
Performance-Based Fees
Sharing of Capital Gains
Fees are not based on a share of the capital gains or capital appreciation of managed securities. FWAG 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. please register to get more info

Description
FWAG generally provides investment advice to individuals, high net worth individuals, trusts and estates. Client relationships vary in size of account, scope and length of service.
Account Minimums
FWAG does not impose investment minimums on its clients. However, Advisors of FWAG do have the discretion to determine whether potential clients who are at or below the minimum fee scales should become clients of the firm based on the payment of those minimum fees. please register to get more info

Methods of Analysis
Security analysis methods may include charting, fundamental analysis, technical analysis, and cyclical analysis. The main sources of information include web-based information, financial newspapers and magazines, research materials prepared by others, corporate rating services, timing services, annual reports, prospectuses, filings with the Securities and Exchange Commission, company press releases and Morningstar Advisor Workstation.
Investment Strategies
The primary investment strategy used on client accounts is strategic asset allocation utilizing a core and satellite approach. This means that we use passively-managed index and exchange-traded funds as the core investments, and then add actively-managed funds where there are greater opportunities to make a difference. Portfolios are globally diversified to control the risk associated with traditional markets. The investment strategy for a specific client is based upon the objectives stated by the client during consultations. The client may change these objectives at any time. Other strategies may include long-term purchases, short-term purchases, trading, and option writing (including covered options, uncovered options or collar strategies).
Risk of Loss
All investment programs have certain risks that are borne by the investor. Our investment approach constantly keeps the risk of loss in mind. Investors face the following investment risks:
• Interest-rate Risk: Fluctuations in interest rates may cause investment prices to fluctuate. For example, when interest rates rise, yields on existing bonds become less attractive, causing their market values to decline.
• Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and intangible events and conditions. This type of risk is caused by external factors independent of a security’s particular underlying circumstances. For example, political, economic and social conditions may trigger market events.
• Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar next year, because purchasing power is eroding at the rate of inflation.
• Currency Risk: Overseas investments are subject to fluctuations in the value of the dollar against the currency of the investment’s originating country. This is also referred to as exchange rate risk.
• Reinvestment Risk: This is the risk that future proceeds from investments may have to be reinvested at a potentially lower rate of return (i.e. interest rate). This primarily relates to fixed income securities.
• Business Risk: These risks are associated with a particular industry or a particular company within an industry. For example, oil-drilling companies depend on finding oil and then refining it, a lengthy process, before they can generate a profit. They carry a higher risk of profitability than an electric company, which generates its income from a steady stream of customers who buy electricity no matter what the economic environment is like.
• Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets are more liquid if many traders are interested in a standardized product. For example, Treasury Bills are highly liquid, while real estate properties are not.
• Financial Risk: Excessive borrowing to finance a business’ operations increases the risk of profitability, because the company must meet the terms of its obligations in good times and bad. During periods of financial stress, the inability to meet loan obligations may result in bankruptcy and/or a declining market value.
• Strategy Risk: Since we primarily use open ended mutual funds and exchange traded funds, there are risks associated with these types of investments. Both types of investments have internal operating and trading costs that may change over time and are beyond our control to manage. Open ended mutual funds also have a risk associated with changes in either investment style or underlying manager. Certain types of exchange traded funds (or notes) have a unique risk associated with them based on the underlying liquidity of the sponsoring financial firm. please register to get more info

Legal and Disciplinary
The firm and its employees have not been involved in legal or disciplinary events related to past or present investment clients. please register to get more info

FWAG has no other industry activities. The Advisors of FWAG may maintain various industry affiliations. Please see their individual biographies at the end of this document for further clarification.
Affiliations
FWAG has no arrangements that are material to its advisory or its clients with a related person who is a broker-dealer, investment company, other investment advisor, financial planning firm, commodity pool operator, commodity trading adviser or futures commission merchant, banking or thrift institution, accounting firm, law firm, insurance company or agency, pension consultant, real estate broker or dealer, or an entity that creates or packages limited partnerships.
Code of Ethics, Participation or Interest in Client
Transactions and Personal Trading
Code of Ethics
FWAG has adopted a Code of Ethics for the purpose of instructing its personnel in their ethical obligations and to provide rules for their personal securities transactions. FWAG and its personnel owe a duty of loyalty, fairness and good faith towards their clients, and the obligation to adhere not only to the specific provisions of the Code but to the general principles that guide the Code. FWAG will provide a copy of the Code of Ethics to any client or prospective client upon request.
Participation or Interest in Client Transactions
FWAG and its employees may buy or sell securities that are also held by clients. Employees may not trade their own securities ahead of client trades. Employees comply with the provisions of the FWAG Compliance Manual.
Personal Trading
The Chief Compliance Officer of FWAG is Robert J Grossheim. He reviews all employee and independent contractor trades each quarter. His trades are reviewed by Susan Rushworth. The personal trading reviews ensure that the personal trading of employees does not affect the markets, and that clients of the firm receive preferential treatment. Since most employee trades are small mutual fund trades or exchange-traded fund trades, the trades do not affect the securities markets. please register to get more info

Selecting Brokerage Firms
As FWAG does not have the discretionary authority to determine the broker dealer to be used or the commission rates to be paid, clients must direct FWAG as to the broker dealer to be used. In directing the use of a particular broker or dealer, it should be understood that FWAG will not have authority to negotiate commissions among various brokers to obtain volume discounts, and best execution may not be achieved. In addition, a disparity in commission charges may exist between the commissions charged to other clients by those custodians.

FWAG participates in Fidelity’s Clearing & Custody Solutions platform (FCCS) (formerly known as Institutional Wealth Services Group of services (FIWS)). Clients in need of brokerage and custodial services will have Fidelity Investments recommended to them. By utilizing (FCCS), FWAG receives benefits that it would not receive if it did not offer investment advice which are described later in this document.

FWAG will reserve the right to decline acceptance of any client account that directs the use of a broker dealer, if FWAG believes that the broker dealer would adversely affect FWAG’s fiduciary duty to the client and/or ability to effectively service the client portfolio.

Fidelity Investments may affect Client’s over-the-counter securities transactions on an agency basis. In filling these orders, the clients’ broker may have transacted with a market-making broker dealer (market maker) on the other side of the trade. A market maker may mark-up/down the price of a security for which it makes a market, which is a cost that will be incurred by the client in addition to the agency commission assessed by the broker.
Best Execution
FWAG periodically reviews the execution of trades at each custodian their clients use. FWAG relies on the FCCS’s ongoing due diligence relative to other large, available broker/dealers to determine that their trading platform and costs are in line with those others. In limited circumstances, and at our discretion, some clients may instruct our firm to use one or more particular brokers for the transactions in their accounts. If the client chooses to direct our firm to use a particular broker, they should understand that this might prevent our firm from utilizing the lowest available brokerage commissions on their behalf. This practice may also prevent our firm from obtaining favorable net price and execution. Thus, when directing brokerage business, the client should consider whether the commission expenses, execution, clearance and settlement capabilities that they will obtain are adequately favorable in comparison to those that we could otherwise obtain for you.
Soft Dollars
FWAG utilizes the services of Fidelity’s Clearing & Custody Solutions platform. While there is no direct link between the investment advice given to clients and FWAG’s participation in the Fidelity program, economic benefits are received by FWAG which would not be received if FWAG did not give investment advice to clients. These benefits include: A service group and an account services manager dedicated to FWAG’s accounts, ability to block client trades which we do not utilize, electronic download of trades, balances and positions, access to an electronic interface with Fidelity’s software, duplicate and batched client statements, confirmations and year-end summaries, and the ability to have advisory fees directly debited from client accounts (in accordance with federal and state requirements). At times, FCCS, other Fidelity departments or other custodians may host educational events where travel and/or housing are provided for advisors and staff of FWAG. In these cases, FWAG has chosen to accept these offers rather than adjusting the overall pricing of its services to clients. Finally, FWAG will host client and/or prospect events from time-to-time where a custodian may agree to financially support that event. In those circumstances, FWAG will notify all clients and attendees of this support in an effort to fully disclose all activities related to FWAG.
Order Aggregation
Most trades are mutual funds or exchange-traded funds where trade aggregation does not garner any client benefit. please register to get more info

Periodic Reviews
Account reviews are performed on a periodic basis by Robert J. Grossheim, Owner and Lead Advisor, James J. Hoskins, Lead Advisor, Herbert S. Huesman, Lead Advisor, Benjamin A. Linser, Lead Advisor and Susan Rushworth, Director of Client Services. Account reviews are performed more frequently when market conditions dictate. Due to the project-based nature of financial planning only clients, FWAG will not provide ongoing reviews of these client accounts or investment positions.
Review Triggers
Other conditions that may trigger a review are changes in the tax laws, new investment information, and changes in a client's own situation.
Regular Reports
Wealth Management Clients: In addition to monthly statements and confirmations of transactions that Wealth Management Services clients receive from their broker dealer, FWAG will provide a report summarizing account performance, balances and holdings on at least an annual basis unless otherwise contracted for at the inception of the relationship. Financial Planning Clients: Due to the project-based nature of this service, FWAG will not provide the above mentioned additional reports to these clients. please register to get more info

Incoming Referrals
FWAG has been fortunate to receive many client referrals over the years. The referrals came from current clients, attorneys, accountants, employees, personal friends of employees and other similar sources. The firm does not compensate referring parties for these referrals.
Referrals Out
FWAG does not accept referral fees or any form of remuneration from other professionals when a prospect or client is referred to them.
Other Compensation
FWAG has two advisors who receive compensation from activities not associated with FWAG: Rob Grossheim: His volunteer activities led him to become part of the Scuba Santa program at the Newport Aquarium. As such, he is required to be a Seasonal Part-Time employee of the Marketing Department of the Newport Aquarium which pays him a stipend based upon hours serving as Scuba Santa. Rob has also trained in karate since 2001. Due to unforeseen circumstances, he became owner of Japanese Karate Do, LLC in Symmes Township in 2015. Herb Huesman: While FWAG is a fee only financial planning and investment advisory firm, Herb is the only advisor formerly active in the sale of insurance related products. Therefore, he receives trailing compensation (or commissions) from these companies based upon products he had recommended and implemented by Herb. FWAG does not participate nor receive any part of these commissions or compensation nor do any other advisors associated with FWAG. Herb retired from these activities in 2018. please register to get more info

Account Statements
All assets are held at qualified custodians which means the custodians provide account statements directly to clients at their address of record or in email format at least quarterly.
Performance Reports
Clients are urged to compare the account statements received directly from their custodians to the performance report statements provided by FWAG.
Net Worth Statements
Clients are frequently provided net worth statements and net worth graphs that are generated from our various client service systems. Net worth statements contain approximations of bank account balances provided by the client, as well as the value of land and hard-to-price real estate. The net worth statements are used for long-term financial planning where the exact values of assets are not material to the financial planning tasks. please register to get more info

Discretionary Authority for Trading
FWAG accepts discretionary authority to manage securities accounts on behalf of clients. FWAG has the authority to determine, without obtaining specific client consent, the securities to be bought or sold, and the amount of the securities to be bought or sold. However, FWAG consults with the client prior to each trade to obtain concurrence if a blanket trading authorization (discretion) has not been given by the client via the Wealth Management Agreement. The client approves the custodian to be used and the commission rates paid to the custodian. FWAG does not receive any portion of the transaction fees or commissions paid by the client to the custodian on certain trades. Discretionary trading authority facilitates placing trades in your accounts on your behalf so that we may promptly implement the investment policy that the client and advisor have agreed upon.
Limited Power of Attorney
A limited power of attorney is a trading authorization for this purpose. You sign a limited power of attorney so that we may execute the trades that you have approved. please register to get more info

Proxy Votes
FWAG does not vote proxies on securities. Clients are expected to vote their own proxies. When assistance on voting proxies is requested, FWAG will provide recommendations to the Client. If a conflict of interest exists, it will be disclosed to the Client. please register to get more info

Financial Condition
FWAG does not have any financial impairment that will preclude the firm from meeting contractual commitments to clients. A balance sheet is not required to be provided because FWAG does not serve as a custodian for client funds or securities, and does not require prepayment of fees of more than $1,200 per client, and six months or more in advance.
Business Continuity Plan
General
FWAG has a Business Continuity Plan in place that provides detailed steps to mitigate and recover from the loss of office space, communications, services or key people.
Disasters
The Business Continuity Plan covers natural disasters such as snow storms, hurricanes, tornados, and flooding. The Plan covers man-made disasters such as loss of electrical power, loss of water pressure, fire, bomb threat, nuclear emergency, chemical event, biological event, T-1 communications line outage, Internet outage, railway accident and aircraft accident. Electronic files are backed up daily and archived offsite.
Alternate Offices
Alternate offices are identified to support ongoing operations in the event the main office is unavailable. It is our intention to contact all clients within five days of a disaster that dictates moving our office to an alternate location.
Loss of Key Personnel
FWAG has not signed a Business Continuation Agreement with another financial advisory firm to support FWAG in the event of Rob Grossheim’s serious disability or death, but an outline of steps to be taken and insurance policies are in place to assist these steps and are on file on-site and off-site.
Information Security Program
Information Security
FWAG maintains an information security program to reduce the risk that your personal and confidential information may be breached.
Privacy Notice
FWAG is committed to maintaining the confidentiality, integrity and security of the personal information that is entrusted to us. The categories of nonpublic information that we collect from you may include information about your personal finances, information about your health to the extent that it is needed for the financial planning process, information about transactions between you and third parties, and information from consumer reporting agencies, e.g., credit reports. We use this information to help you meet your personal financial goals. With your permission, we disclose limited information to attorneys, accountants, and mortgage lenders with whom you have established a relationship. You may opt out from our sharing information with these nonaffiliated third parties by notifying us at any time by phone to (513) 469- 8100, mail, fax, email to [email protected], or in person. With your permission, we share a limited amount of information about you with your selected custodian(s) in order to execute securities transactions on your behalf. We maintain a secure office to ensure that your information is not placed at unreasonable risk. We employ a firewall barrier and authentication procedures in our computer environment. We do not provide your personal information to mailing list vendors or solicitors. We require strict confidentiality in our agreements with unaffiliated third parties that require access to your personal information, including financial service companies, consultants, and auditors. Federal and state securities regulators may review our Company records and your personal records as permitted by law. Personally identifiable information about you will be maintained while you are a client, and for the required period thereafter that records are required to be maintained by federal and state securities laws. After that time, information may be destroyed. We will notify you in advance if our privacy policy is expected to change. We are required by law to deliver this Privacy Notice to you annually, in writing.




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7359 EAST KEMPER ROAD * SUITE A * CINCINNATI, OH 45249
(513) 469-8100 * [email protected]
WWW.FWAG.COM



Brochure Supplement
(Part 2B of Form ADV)

Part 2B: This brochure supplement provides information about Robert J Grossheim, James J Hoskins, Herbert S Huesman, Benjamin A. Linser, Susan A Rushworth and Laura K Conner that supplements the FWAG brochure. You should have received a copy of that brochure. Please contact Rob Grossheim if you did not receive FWAG’s brochure or if you have any questions about the contents of this supplement. Additional information about Rob Grossheim, Jim Hoskins, Herb Huesman, Ben Linser and Susan Rushworth is available on the SEC’s website at www.adviserinfo.sec.gov. Laura Conner is not currently registered with the SEC. March 20, 2018
Brochure Supplement (Part 2B of Form ADV)
Education and Business Standards
FWAG requires certain educational standards and business experience of those involved in the preparation of financial plans and the giving of financial advice. A college degree and business experience in the financial planning profession will be seen as minimum standards that must be maintained in order to provide financial advice.
Professional Certifications
Owners, Employees and Independent Contractors have earned certifications and credentials that are required to be explained in further detail.
A. The CERTIFIED FINANCIAL PLANNER™, CFP® and federally registered CFP (with
flame design) marks (collectively, the “CFP® marks”) are professional certification marks granted in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP Board”). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that gov ern professional engagements with clients. Currently, more than 62,000 individuals have obtained CFP® certification in the United States. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements:
• Education – Complete an advanced college-level course of study addressing the financial planning subject areas that CFP Board’s studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor’s Degree from a regionally accredited United States college or university (or its equivalent from a foreign university). CFP Board’s financial planning subject areas include insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning;
• Examination – Pass the comprehensive CFP® Certification Examination. The examination, administered in 10 hours over a two-day period, includes case studies and client scenarios designed to test one’s ability to correctly diagnose financial planning issues and apply one’s knowledge of financial planning to real world circumstances;
• Experience – Complete at least three years of full-time financial planning-related experience (or the equivalent, measured as 2,000 hours per year); and
• Ethics – Agree to be bound by CFP Board’s Standards of Professional Conduct, a set of documents outlining the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to use the CFP® marks:
• Continuing Education – Complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field; and
• Ethics – Renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. CFP® professionals who fail to comply with the above standards and requirements may be subject to CFP Board’s enforcement process, which could result in suspension or permanent revocation of their CFP® certification.
B. The CLU® and ChFC® marks are the property of The American College and may only be
used by individuals who have successfully completed the initial and ongoing certification requirements for these designations. The Chartered Life Underwriter® (CLU®) is the world’s most respected designation of insurance expertise, providing in-depth knowledge on the insurance needs of individuals, business owners and professionals. The Chartered
Financial Consultant® (ChFC®) program prepares an advisor to meet the advanced financial
planning needs of individuals, professionals and small business owners. To attain the right to use these marks, an individual must satisfactorily fulfill the following requirements:
• The CLU® requires a student to take courses in Fundamentals of Insurance Planning, Individual Life Insurance, Life Insurance Law, Fundamentals of Estate Planning and Planning for Business Owners and Professionals. They also must choose three courses from the following: Financial Planning: Process and Environment, Individual Health Insurance, Income Taxation, Group Benefits, Planning for Retirement Needs, Investments and Estate Planning Applications.
• The ChFC® requires a student to take courses in Financial Planning: Process and Environment, Fundamentals of Insurance Planning, Income Taxation, Planning f or Retirement Needs, Investments, Fundamentals of Estate Planning and Financial Planning Applications. They must also choose two courses from the following: The Financial System in the Economy, Estate Planning Applications, Executive Compensation and Financial Decisions for Retirement.

Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to us the CLU® and ChFC® marks:
• Continuing Education – Complete 30 hours of continuing education every two years to maintain competence and keep up with developments in the specific field.

C. FINRA/NASD Examinations: Since all four advisors associated with FWAG used to be Investment Advisor Representatives and Registered Representatives of Lincoln Financial Advisors, they each were registered through FINRA (the Financial Industry Regulatory Authority). As part of the registration process, securities professionals must pass examinations administered by FINRA to demonstrate competence in the areas in which they will work. These mandatory qualification examinations cover a broad range of subjects on the markets, as well as the securities industry and its regulatory structure, ensuring a minimum level of understanding and expertise. The areas in which candidates are tested include federal securities laws; Securities and Exchange Commission (SEC) and FINRA rules and regulations; securities products; the operation and interrelation of financial markets; economic theory and kinds of risk; corporate financing, accounting, and balance sheet analyses; portfolio theory and analysis; fair sales practices, including solicitation and presentation; types of customer accounts; and tax treatment of various investments. Prospective principals of securities firms must pass additional examinations that test their knowledge of supervisory rules in the areas of investment banking, trading and market making, retail sales activities, and financial responsibility rules. Financial and operational principals must further demonstrate a thorough knowledge of the requirements regarding recordkeeping, net capital, customer reserves, financial reporting, and credit. The Series 65 and Series 66, Uniform Investment Advisor State Law Exam and Uniform Combined State Law Exam are the only active registrations required for advisors working on a fee only fiduciary basis.
Owner: Robert J Grossheim, CFP®, CLU®
Educational Background:

• Born: December 5, 1967
• B.S. in Business Administration from Miami University, 1990
• M.B.A. in Finance from Xavier University, 1996
• Certified Financial PlannerTM, 1994
• Chartered Life Underwriter®, 2006
• FINRA Series 7 (General Securities Registered Representative), 1990 – inactive
• FINRA Series 63 (Uniform Securities Agent State Law Exam), 1991 – inactive
• FINRA Series 65 (Uniform Investment Advisor State Law Exam), 1994
• FINRA Series 24 (General Securities Principal), 1999 - inactive
Business Experience:

• 04/04 – Present: Family Wealth Advisory Group, LLC – Owner & Lead Advisor
• 08/90 – 04/04: Lincoln Financial Advisors – Registered Representative and Investment Advisor Representative
• 02/99 – 06/02: Lincoln Financial Advisors – Regional Director of Financial Planning for the Greater Cincinnati Regional Planning Office Disciplinary Information: None Other Business or Volunteer Activities:
• Board Member for The Wave Foundation at the Newport Aquarium – current Chair
• Scuba Diving Volunteer for the Wave Foundation at the Newport Aquarium
• Member: Cincinnati Estate Planning Council – former President
• Member: Financial Planning Association – former Chapter President
• Member: National Association of Professional Financial Advisors
• Member: National Association of Estate Planning Councils. Additional Compensation: Detailed above in Other Compensation section. Rob is the Owner and Chief Compliance Officer. All Supervision is his responsibility. Susan Rushworth reviews his activities through office interactions as well as reviewing activities through our client relationship management system. Susan Rushworth’s contact information: (513) 469-8100 x10 or [email protected]
Employee: Susan A. Rushworth
Educational Background:

• Born: April 21, 1951
• A.A. in English from St. John’s College, 1990
• FINRA Series 7 (General Securities Registered Representative), 1998 – inactive
• FINRA Series 24 (General Securities Principal), 2001 - inactive
Business Experience:

• 07/04 – Present: Family Wealth Advisory Group, LLC – Director of Operations and Client Service
• 04/00 – 06/04: Lincoln Financial Advisors – Director of Financial Planning
• 04/98 – 04/00: American Express Financial Advisors – Financial Advisor
• 01/94 – 04/98: H&R Block Tax Services – Branch Manager Disciplinary Information: None Other Business Activities: None Additional Compensation: None
Supervision:
Susan is supervised by Rob Grossheim. He reviews Susan’s work through frequent office interactions as well as remote interactions. He also reviews Susan’s activities through our client relationship management system. Rob Grossheim’s contact information: (513) 469-8100 x12 or [email protected]
Employee: Laura K. Conner, CPA
Educational Background:

• Born: September 24, 1968
• B.B.A. with a Marketing major from James Madison University, 1990
• Post Baccalaureate Certificate in Accounting from Virginia Commonwealth University, 1995
• Certified Public Accountant, 1997
Business Experience:

• 06/15 – Present: Family Wealth Advisory Group, LLC – Director of Operations
• 10/11 – 05/15: Delev & Associates, LLC – Office Manager and Accountant
• 09/02 – 04/03: H&R Block – Tax Professional – Part time
• 07/01 – 09/11: Stay at home Mom – Went back to work for one season at H&R Block during this timeframe
• 09/00 – 06/01: Intel Corporation – Budgets and Planning Analyst
• 02/99 – 06/00: Inmar Enterprises – IT Financial Analyst
• 08/98 – 02/99: KPMG Peat Marwick LLP – Audit Associate
• 10/95 – 07/98: Auditor of Public Accounts, Commonwealth of Virginia – Senior Audit Associate Disciplinary Information: None Other Business or Volunteer Activities:
• Board Member/Accountant for the Fox Hunt Place Homeowner’s Association
• Trustee for the Madeira Schools Foundation Additional Compensation: None Laura is supervised by Rob Grossheim. He reviews Laura’s work through frequent office interactions as well as remote interactions. He also reviews Laura’s activities through our client relationship management system. Rob Grossheim’s contact information: (513) 469-8100 x12 or [email protected].
Employee: Benjamin A. Linser, CFP®
Educational Background:

• Born: August 10, 1975
• B.A. in Education, Music Education from Miami University, 1999
• Certified Financial Planner™, 2006
• U.S. Marine Corp, Lance Corporal, 1993-1995
• FINRA Series 7 (General Securities Registered Representative), 2000 - active
• FINRA Series 63 (Uniform Securities Agent State Law Exam), 2000 - active
• FINRA Series 66 (Uniform Combined State Law Exam), 2000 - active
• FINRA Series 9/10 (General Securities Sales Supervisor Exam), 2006 - active
Business Experience:

• 10/17 – Present: Family Wealth Advisory Group, LLC – Lead Advisor
• 06/04 – 07/17: Fidelity Investments – Financial Consultant
• 04/03 – 06/04: Saxon Financial Consulting – Financial Advisor
• 09/00 – 04/03: Fidelity Investments – Financial Consultant
• 01/00 – 09/02: American Express Financial Advisors – Financial Advisor Disciplinary Information: None Other Business or Volunteer Activities: None Additional Compensation: None
Supervision:
Ben is supervised by Rob Grossheim. He reviews Ben’s work through frequent office interactions as well as remote interactions. He also reviews Ben’s activities through our client relationship management system. Rob Grossheim’s contact information: (513) 469-8100 x12 or [email protected].
Independent Contractor: James J. Hoskins, CFP®
Educational Background:

• Born: November 27, 1950
• B.S. in Chemical Engineering from the University of Toledo, 1972
• M.S. in Chemical Engineering from the University of Toledo, 1974
• M.B.A. in Marketing from Xavier University, 1982
• Certified Financial PlannerTM, 2006
• FINRA Series 7 (General Securities Registered Representative), 2003 – inactive
• FINRA Series 66 (Uniform Combined State Law Exam), 2003
Business Experience:

• 01/05 – Present: Family Wealth Advisory Group, LLC – Lead Advisor
• 03/03 – 01/05: Lincoln Financial Advisors – Registered Representative and Investment Advisor Representative
• 10/73 – 06/02: Procter & Gamble – Director of Product Development and Technology Licensing Disciplinary Information: None Other Business Activities: Member of the Financial Planning Association Additional Compensation: None Jim is supervised by Rob Grossheim. He reviews Jim’s work through frequent office interactions as well as remote interactions. He also reviews Jim’s activities through our client relationship management system. Rob Grossheim’s contact information: (513) 469-8100 x12 or [email protected]
Independent Contractor: Herbert S. Huesman, CLU®, ChFC®
Educational Background:
• Born: April 4, 1952
• B.S. in Biology from the University of Cincinnati, 1974
• Chartered Life Underwriter® (CLU®), 1980
• Chartered Financial Consultant® (ChFC®), 1982
• FINRA Series 7 (General Securities Registered Representative), 1983 – inactive
• FINRA Series 63 (Uniform Securities Agent State Law Exam), 1992 – inactive
• FINRA Series 65 (Uniform Investment Advisor State Law Exam), 2003
Business Experience:

• 08/07 – Present: Family Wealth Advisory Group, LLC – Advisor
• 01/75 – 12/18: John J & Thomas R Schiff & Co. – Vice President of Sales*
• 01/85 – 12/18: Herbert S Huesman & Associates, Inc – Insurance Sales*
• 12/02 – 08/07: LM Kohn & Company Inc – Registered Representative and Registered Investment Advisor Representative
• 01/83 – 12/02: Lincoln Financial Advisors – Registered Representative and Registered Investment Advisor Representative Disciplinary Information: None
Other Business Activities: None
Additional Compensation: See above – Other Business Activities. Herb is supervised by Rob Grossheim. He reviews Herb’s work through frequent local and remote interactions. He also reviews Herb’s activities through communication and note reviews taken by Herb. Rob Grossheim’s contact information: (513) 469-8100 x12 or [email protected] please register to get more info