POWERS ADVISORY GROUP, LLC

Item 1: Cover Page 2603 Plaza Drive, Highland, IL 62249 Form ADV Part 2A – Firm Brochure 618-654-6262 melissa@powersinvest.com www.powersinvest.com Version date: February 28, 2025 This Brochure provides information about the qualifications and business practices of Powers Advisory Group, LLC. If you have any questions about the contents of this Brochure, please contact us at 618-654-6262. The information in this Brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Powers Advisory Group, LLC is registered as an Investment Adviser with the Securities and Exchange Commission. Registration of an Investment Adviser does not imply any level of skill or training. Additional www.adviserinfo.sec.gov which can be information about Powers Advisory Group, LLC the found using is available on the SEC’s website at identification number 172252. firm’s 1  Item 2: Material Changes The material changes in this brochure from the last annual updating amendment of Powers Advisory Group, LLC on 02/29/2024 are described below. Material changes relate to Powers Advisory Group, LLC’s policies, practices or conflicts of interest. • Powers Advisory Group, LLC has updated its Assets Under Management. (Item 4) • Powers Advisory Group, LLC has updated its Financial Planning fees. (Item 5) 2  Item 3: Table of Contents Contents Item 1: Cover Page .......................................................................................................................... 1 Item 2: Material Changes ................................................................................................................ 2 Item 3: Table of Contents ............................................................................................................... 3 Item 4: Advisory Business ............................................................................................................... 4 Item 5: Fees and Compensation ..................................................................................................... 8 Item 6: Performance-Based Fees and Side-By-Side Management ............................................... 10 Item 7: Types of Clients ................................................................................................................. 10 Item 8: Methods of Analysis, Investment Strategies and Risk of Loss ......................................... 10 Item 9: Disciplinary Information ................................................................................................... 13 Item 10: Other Financial Industry Activities and Affiliations ........................................................ 13 Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading . 14 Item 12: Brokerage Practices ........................................................................................................ 15 Item 13: Review of Accounts ........................................................................................................ 16 Item 14: Client Referrals and Other Compensation ..................................................................... 17 Item 15: Custody ........................................................................................................................... 17 Item 16: Investment Discretion .................................................................................................... 17 Item 17: Voting Client Securities .................................................................................................. 18 Item 18: Financial Information ..................................................................................................... 18 Form ADV Part 2B – Brochure Supplement .................................................................................. 20 3  Item 4: Advisory Business Description of Advisory Firm Powers Advisory Group, LLC is a Limited Liability Company organized in the State of Illinois and registered as an Investment Adviser with the Securities and Exchange Commission. We were founded in June of 2014. Matthew Powers and Richard Ringwald are the principal owners of Powers Advisory Group, LLC. As of December 2024, Powers Advisory Group, LLC managed $250,912,566 on a discretionary basis. Powers Advisory Group, LLC also has $27,357,056 in assets under advisement. Types of Advisory Services Investment Management Services Our firm provides Investment management services to clients with specific regards to asset allocation and security selection. Investment advice is customized for each client’s specific needs by determining an appropriate asset allocation. In order to design a client’s allocation, we take into consideration liquidity needs, risk tolerance, rate of return goals, tax considerations, and the client’s investment history. With regards to security selection, we put an emphasis on quality, income, and keeping costs and internal expenses low. We focus the majority of our research on the simplicity of investing in securities that provide current and potentially future income – and compounding this income over time (dividend reinvestment strategies). This is the core strategy within the firm’s investment philosophy and we believe creating a growing income stream will give our client’s a higher opportunity of success. We design and manage ETF portfolios with asset allocation in mind based off our client’s risk profile. These portfolios are periodically rebalanced to maintain the appropriate allocation. We manage advisory accounts on a discretionary, fee-only basis – representing a percentage of assets under management, further described below in Item 5. Investment Management Services of Held Away Assets Our firm may provide an additional service to facilitate management of held away assets such as defined contribution plan participant accounts, with discretion. The platform allows us to avoid being considered to have custody of Client funds since we do not have direct access to 4  Client log-in credentials to affect trades. We are not affiliated with the platform in any way and receive no compensation from them for using their platform. A link will be provided to the Client allowing them to connect an account(s) to the platform. Once Client account(s) is connected to the platform, we will review the current account allocations. When deemed necessary, we will rebalance the account considering client investment goals and risk tolerance, and any change in allocations will consider current economic and market trends. We regularly review the available investment options in these accounts, monitor them, and rebalance and implement our strategies in the same way we do other accounts, though using different tools as necessary. Independent Managers We may allocate (and/or recommend that the client allocate) a portion of a client’s investment assets among unaffiliated independent investment managers in accordance with the client’s designated investment objective(s). In such situations, the Independent Manager(s) shall have day-to-day responsibility for the active discretionary management of the allocated assets. We will continue to render investment advisory services to the client relative to the ongoing monitoring and review of account performance, asset allocation and client investment objectives. Factors which we will consider in recommending Independent Manager(s) include the client’s designated investment objective(s), management style, performance, reputation, financial strength, reporting, pricing, and research. The investment management fees charged by the designated Independent Manager(s), are exclusive of, and in addition to, our ongoing investment advisory fee. Financial Planning Financial planning is a comprehensive evaluation of a client’s current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawal plans. The key defining aspect of financial planning is that through the financial planning process, all questions, information and analysis will be considered as they impact and are impacted by the entire financial and life situation of the client. Clients utilizing this service will receive a written or an electronic report, providing the client with a detailed financial plan designed to achieve his or her stated financial goals and objectives. In general, the financial plan will address any or all of the following areas of concern. The client and advisor will work together to select the specific areas to cover. These areas may include, but are not limited to, the following: • Retirement Planning: Our retirement planning services typically include projections of your likelihood of achieving your financial goals, typically focusing on financial 5  independence as the primary objective. For situations where projections show less than the desired results, we may make recommendations, including those that may impact the original projections by adjusting certain variables (i.e., working longer, saving more, spending less, taking more risk with investments). If you are near retirement or already retired, advice may be given on appropriate distribution strategies to minimize the likelihood of running out of money or having to adversely alter spending during your retirement years. • College Savings: Includes projecting the amount that will be needed to achieve college or other post-secondary education funding goals, along with advice on ways for you to save the desired amount. Recommendations as to savings strategies are included, and, if needed, we will review your financial picture as it relates to eligibility for financial aid or the best way to contribute to grandchildren (if appropriate). • Financial Goals: We will help clients identify financial goals and develop a plan to reach them. We will identify what you plan to accomplish, what resources you will need to make it happen, how much time you will need to reach the goal, and how much you should budget for your goal. • Investment Analysis: This may involve developing an asset allocation strategy to meet clients’ financial goals and risk tolerance, providing information on investment vehicles and strategies, reviewing employee stock options, as well as assisting you in establishing your own investment account at a selected broker/dealer or custodian. The strategies and types of investments we may recommend are further discussed in Item 8 of this brochure. Pension Consulting Services We offer consulting services to pension or other employee benefit plans (including but not limited to 401(k) plans). Pension consulting may include, but is not limited to: identifying investment objectives and restrictions o o providing guidance on various assets classes and investment options o recommending money managers to manage plan assets in ways designed to achieve objectives o monitoring performance of money managers and investment options and making recommendations for changes 6  o recommending other service providers, such as custodians, administrators and broker- dealers o creating a written pension consulting plan These services are based on the goals, objectives, demographics, time horizon, and/or risk tolerance of the plan and its participants. Written Acknowledgement of Fiduciary Status When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must: • Meet a professional care when making investment standard of recommendations (give prudent advice); • Never put our financial interests ahead of yours when making recommendations (give loyal advice); • Avoid misleading statements about conflicts of interest, fees, and investments; • Follow policies and procedures designed to ensure that we give advice that is in your best interest; • Charge no more than is reasonable for our services; and • Give you basic information about conflicts of interest. Client Tailored Services and Client Imposed Restrictions We offer the same suite of services to all of our clients. However, specific client financial plans and their implementation are dependent upon the client Investment Policy Statement which outlines each client’s current situation (income, tax levels, and risk tolerance levels) and is used to construct a client specific plan to aid in the selection of a portfolio that matches restrictions, needs, and targets. Wrap Fee Programs We do not participate in wrap fee programs. 7  Item 5: Fees and Compensation Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing the investment advisory contract, the investment advisory contract may be terminated by the client within five (5) business days of signing the contract without incurring any advisory fees. How we are paid depends on the type of advisory service we are performing. Please review the fee and compensation information below. Investment Management Services Our standard advisory fee is based on the market value of the assets under management and is calculated as follows: Account Value Annual Advisory Fee $0 - $1,000,000 1.00% $1,000,001 and Above 0.50% The annual fees are negotiable and are pro-rated and paid in advance on a quarterly basis. The advisory fee is a blended fee and is calculated by assessing the percentage rates using the predefined levels of assets as shown in the above chart, resulting in a combined weighted fee. For example, an account valued at $3,000,000 would pay an effective fee of 0.67%. This is determined by the following calculation: ($1,000,000 x 1.00%) + ($2,000,000 x 0.50%) = $20,000.00. No increase in the annual fee shall be effective without agreement from the client by signing a new agreement or amendment to their current advisory agreement. Advisory fees are directly debited from client accounts, or the client may choose to pay by check. Client may open an account at any time during a calendar quarter. Client’s initial fee payment will be based on the market value of assets in Client’s Account at the end of the month in which assets are first deposited in the account. Client will be billed for the remaining full months during the quarter, if any, that services are provided. Advisor does not pro-rate billing for partial months upon opening an account. An account may be terminated with written notice at least 30 calendar days in advance. Upon termination of the account, any unearned fee will be refunded to the client. Investment Management Services of Held Away Assets Fees The advisory fee for this service is a pro-rated annual fee of 0.75% and is calculated on the account value as of the last day of the previous quarter. This fee will be assessed and billed quarterly. If we only manage your assets for part of a quarter, the charge will be prorated and 8  billed for the remaining full months during the quarter. For example, an account valued at $1,000,000 would pay an effective fee of 0.75% with the annual fee being $7,500 (a quarterly fee of $1,875). Investment management fees are generally directly debited on a pro rata basis from client accounts. The exception for this is directly managed held-away accounts, such as 401(k)s. As it is impossible to directly debit the fees from these accounts, those fees will be assigned to the client’s managed account held at the Custodian, as determined by Client and Advisor. If the client does not have a managed account, those fees will be billed directly to the client. An account may be terminated with written notice at least 30 calendar days in advance. Upon termination of the account, any unearned fee will be refunded to the client. Financial Planning Fee Financial Planning services are typically included in the Investment Management Services fee described above. On occasion, our firm is asked to provide financial planning services for a separate fee. The fixed fee for creating a client financial plan generally is $2,000. Fees are charged in arrears upon completion. Fees are negotiable and will be documented in the Financial Planning Agreement. Clients may terminate their contracts without penalty within five business days of signing the advisory contract. Powers Advisory Group, LLC offers the following financial planning services to each investment management client free of charge; Retirement Planning, College Savings, Financial Goals, and Investment Analysis, as described in Item 4 above. Non-investment management clients will be charged the full $2,000 fixed fee for financial planning services, which does not include investment recommendations. This fee is waived if the financial planning client becomes an investment management client within six months of completion. Pension Consulting Services Fees The rate for pension consulting services is a mutually agreed upon fee and will be billed quarterly. The fee is calculated on the plan assets for which we are providing such consulting services, depending on the plan chosen. These fees are negotiable and paid either separately by check from the employer or through expense in plan assets. Other Types of Fees and Expenses Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses which may be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, and other third parties such as custodial fees, deferred sales charges, odd- lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Mutual fund and exchange traded funds also charge internal management fees, which are disclosed in a fund’s prospectus. Such 9  charges, fees and commissions are exclusive of and in addition to our fee, and we shall not receive any portion of these commissions, fees, and costs. Item 12 further describes the factors that we consider in selecting or recommending broker- dealers for client’s transactions and determining the reasonableness of their compensation (e.g., commissions). Item 6: Performance-Based Fees and Side-By-Side Management We do not offer performance-based fees. Item 7: Types of Clients We provide advisory services to individuals, high net-worth individuals, and corporations or other businesses. Our minimum account size requirement is $100,000 and may be waived at our discretion. Item 8: Methods of Analysis, Investment Strategies and Risk of Loss Our primary methods of investment analysis are fundamental and technical analysis. Fundamental analysis involves analyzing individual companies and their industry groups, such as a company’s financial statements, details regarding the company’s product line, the experience, and expertise of the company’s management, and the outlook for the company’s industry. The resulting data is used to measure the true value of the company’s stock compared to the current market value. The risk of fundamental analysis is that information obtained may be incorrect and the analysis may not provide an accurate estimate of earnings, which may be the basis for a stock’s value. If securities prices adjust rapidly to new information, utilizing fundamental analysis may not result in favorable performance. Technical analysis involves using chart patterns, momentum, volume, and relative strength in an effort to pick sectors that may outperform market indices. However, there is no assurance of accurate forecasts or that trends will develop in the markets we follow. In the past, there have been periods without discernible trends and similar periods will presumably occur in the future. 10  Even where major trends develop, outside factors like government intervention could potentially shorten them. Furthermore, one limitation of technical analysis is that it requires price movement data, which can translate into price trends sufficient to dictate a market entry or exit decision. In a trendless or erratic market, a technical method may fail to identify trends requiring action. In addition, technical methods may overreact to minor price movements, establishing positions contrary to overall price trends, which may result in losses. Finally, a technical trading method may underperform other trading methods when fundamental factors dominate price moves within a given market. Material Risks Involved All investing strategies we offer involve risk and may result in a loss of your original investment which you should be prepared to bear. Many of these risks apply equally to stocks, bonds, commodities and any other investment or security. Material risks associated with our investment strategies are listed below. Market Risk: Market risk involves the possibility that an investment’s current market value will fall because of a general market decline, reducing the value of the investment regardless of the operational success of the issuer’s operations or its financial condition. Strategy Risk: The Adviser’s investment strategies and/or investment techniques may not work as intended. Small and Medium Cap Company Risk: Securities of companies with small and medium market capitalizations are often more volatile and less liquid than investments in larger companies. Small and medium cap companies may face a greater risk of business failure, which could increase the volatility of the client’s portfolio. Turnover Risk: At times, the strategy may have a portfolio turnover rate that is higher than other strategies. A high portfolio turnover would result in correspondingly greater brokerage commission expenses and may result in the distribution of additional capital gains for tax purposes. These factors may negatively affect the account’s performance. Limited markets: Certain securities may be less liquid (harder to sell or buy) and their prices may at times be more volatile than at other times. Under certain market conditions we may be unable to sell or liquidate investments at prices we consider reasonable or favorable, or find buyers at any price. Concentration Risk: Certain investment strategies focus on particular asset-classes, industries, sectors or types of investment. From time to time these strategies may be subject to greater risks of adverse developments in such areas of focus than a strategy that is more broadly diversified across a wider variety of investments. 11  Interest Rate Risk: Bond (fixed income) prices generally fall when interest rates rise, and the value may fall below par value or the principal investment. The opposite is also generally true: bond prices generally rise when interest rates fall. In general, fixed income securities with longer maturities are more sensitive to these price changes. Most other investments are also sensitive to the level and direction of interest rates. Legal or Legislative Risk: Legislative changes or Court rulings may impact the value of investments, or the securities’ claim on the issuer’s assets and finances. Inflation: Inflation may erode the buying-power of your investment portfolio, even if the dollar value of your investments remains the same. Risks Associated with Securities Apart from the general risks outlined above which apply to all types of investments, specific securities may have other risks. Commercial Paper is, in most cases, an unsecured promissory note that is issued with a maturity of 270 days or less. Being unsecured the risk to the investor is that the issuer may default. Common stocks may go up and down in price quite dramatically, and in the event of an issuer’s bankruptcy or restructuring could lose all value. A slower-growth or recessionary economic environment could have an adverse effect on the price of all stocks. Corporate Bonds are debt securities to borrow money. Generally, issuers pay investors periodic interest and repay the amount borrowed either periodically during the life of the security and/or at maturity. Alternatively, investors can purchase other debt securities, such as zero- coupon bonds, which do not pay current interest, but rather are priced at a discount from their face values and their values accrete over time to face value at maturity. The market prices of debt securities fluctuate depending on such factors as interest rates, credit quality, and maturity. In general, market prices of debt securities decline when interest rates rise and increase when interest rates fall. The longer the time to a bond’s maturity, the greater its interest rate risk. Bank Obligations including bonds and certificates of deposit may be vulnerable to setbacks or panics in the banking industry. Banks and other financial institutions are greatly affected by interest rates and may be adversely affected by downturns in the U.S. and foreign economies or changes in banking regulations. Municipal Bonds are debt obligations generally issued to obtain funds for various public purposes, including the construction of public facilities. Municipal bonds pay a lower rate of return than most other types of bonds. However, because of a municipal bond’s tax-favored status, investors should compare the relative after-tax return to the after-tax return of other 12  bonds, depending on the investor’s tax bracket. Investing in municipal bonds carries the same general risks as investing in bonds in general. Those risks include interest rate risk, reinvestment risk, inflation risk, market risk, call or redemption risk, credit risk, and liquidity and valuation risk. Options and other derivatives carry many unique risks, including time-sensitivity, and can result in the complete loss of principal. While covered call writing does provide a partial hedge to the stock against which the call is written, the hedge is limited to the amount of cash flow received when writing the option. When selling covered calls, there is a risk the underlying position may be called away at a price lower than the current market price. Exchange Traded Funds prices may vary significantly from the Net Asset Value due to market conditions. Certain Exchange Traded Funds may not track underlying benchmarks as expected. Investment Companies Risk. When a client invests in open end mutual funds or ETFs, the client indirectly bears its proportionate share of any fees and expenses payable directly by those funds. Therefore, the client will incur higher expenses, many of which may be duplicative. In addition, the client’s overall portfolio may be affected by losses of an underlying fund and the level of risk arising from the investment practices of an underlying fund (such as the use of derivatives). ETFs are also subject to the following risks: (i) an ETF’s shares may trade at a market price that is above or below their net asset value; (ii) the ETF may employ an investment strategy that utilizes high leverage ratios; or (iii) trading of an ETF’s shares may be halted if the listing exchange’s officials deem such action appropriate, the shares are de-listed from the exchange, or the activation of market-wide “circuit breakers” (which are tied to large decreases in stock prices) halts stock trading generally. The Adviser has no control over the risks taken by the underlying funds in which clients invest. Item 9: Disciplinary Information Registered investment advisers are required to disclose all material facts regarding any legal or disciplinary events that would be material to your evaluation of Powers Advisory Group, LLC or the integrity of our management. We have no information applicable to this Item. Item 10: Other Financial Industry Activities and Affiliations No Powers Advisory Group, LLC employee is registered, or have an application pending to register, as a broker-dealer or a registered representative of a broker-dealer. 13  No Powers Advisory Group, LLC employee is registered, or have an application pending to register, as a futures commission merchant, commodity pool operator or a commodity trading advisor. Powers Advisory Group, LLC only receives compensation directly from clients. We do not receive compensation from any outside source. We do not have any conflicts of interest with any outside party. Recommendations or Selections of Other Investment Advisers We do not recommend or select other investment advisers for our clients and do not have any other business relationships with other advisers. Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading As a fiduciary, our firm and its associates have a duty of utmost good faith to act solely in the best interests of each client. Our clients entrust us with their funds and personal information, which in turn places a high standard on our conduct and integrity. Our fiduciary duty is a core aspect of our Code of Ethics and represents the expected basis of all of our dealings. The firm also adheres to the Code of Ethics and Professional Responsibility adopted by the CFP® Board of Standards Inc., and accepts the obligation not only to comply with the mandates and requirements of all applicable laws and regulations but also to take responsibility to act in an ethical and professionally responsible manner in all professional services and activities. This code does not attempt to identify all possible conflicts of interest, and literal compliance with each of its specific provisions will not shield associated persons from liability for personal trading or other conduct that violates a fiduciary duty to advisory clients. A summary of the Code of Ethics' Principles is outlined below. • Integrity - Associated persons shall offer and provide professional services with integrity. • Objectivity - Associated persons shall be objective in providing professional services to clients. • Competence - Associated persons shall provide services to clients competently and maintain the necessary knowledge and skill to continue to do so in those areas in which they are engaged. 14  • Fairness - Associated persons shall perform professional services in a manner that is fair and reasonable to clients, principals, partners, and employers, and shall disclose conflict(s) of interest in providing such services. • Confidentiality - Associated persons shall not disclose confidential client information without the specific consent of the client unless in response to proper legal process, or as required by law. • Professionalism - Associated persons’ conduct in all matter shall reflect credit of the profession. • Diligence - Associated persons shall act diligently in providing professional services. We will, upon request, promptly provide a complete code of ethics. Our firm and its “related persons” (associates, their immediate family members, etc.) may buy or sell securities the same as, similar to, or different from, those we recommend to clients for their accounts. A recommendation made to one client may be different in nature or in timing from a recommendation made to a different client. Clients often have different objectives and risk tolerances. At no time, however, will our firm or any related party receive preferential treatment over our clients. In an effort to reduce or eliminate certain conflicts of interest involving the firm or personal trading, our policy may require that we restrict or prohibit associates’ transactions in specific securities transactions. Any exceptions or trading pre‐clearance must be approved by our Chief Compliance Officer in advance of the transaction in an account, and we maintain the required personal securities transaction records per regulation. Item 12: Brokerage Practices Factors Used to Select Custodians and/or Broker-Dealers Powers Advisory Group, LLC does not have any affiliation with Broker-Dealers. Specific custodian recommendations are made to client based on their need for such services. We recommend custodians based on the reputation and services provided by the firm, and only refer clients to custodians that are registered in states where the clients reside. 1. Research and Other Soft-Dollar Benefits We currently do not receive soft dollar benefits. 2. Brokerage for Client Referrals 15  We receive no referrals from a broker-dealer or third party in exchange for using that broker- dealer or third party. 3. Clients Directing Which Broker/Dealer/Custodian to Use We do recommend a specific custodian for clients to use, however, clients may custody their assets at a custodian of their choice. Clients may also direct us to use a specific broker-dealer to execute transactions. By allowing clients to choose a specific custodian, we may be unable to achieve most favorable execution of client transaction and this may cost clients money over using a lower-cost custodian. Aggregating (Block) Trading for Multiple Client Accounts Generally, we combine multiple orders for shares of the same securities purchased for advisory accounts we manage (this practice is commonly referred to as “block trading”). We will then distribute a portion of the shares to participating accounts in a fair and equitable manner. The distribution of the shares purchased is typically proportionate to the size of the account, but it is not based on account performance or the amount or structure of management fees. Subject to our discretion, regarding particular circumstances and market conditions, when we combine orders, each participating account pays an average price per share for all transactions and pays a proportionate share of all transaction costs. Accounts owned by our firm or persons associated with our firm may participate in block trading with your accounts; however, they will not be given preferential treatment. Item 13: Review of Accounts Client accounts with the Investment Management Service will be reviewed regularly on a quarterly basis by Melissa Nehrt. During the regular review the account's performance is compared against like-managed accounts to identify any unacceptable performance deviation. Additionally, reasonable client-imposed restrictions will be reviewed to confirm that they are being enforced. Events that may trigger a special review would be unusual performance, addition or deletions of client-imposed restrictions, excessive draw-down, volatility in performance, or buy and sell decisions from the firm or per client's needs. Clients will receive trade confirmations from the broker(s) for each transaction in their accounts as well as monthly or quarterly statements and annual tax reporting statements from their custodian showing all activity in the accounts, such as receipt of dividends and interest. 16  Powers Advisory Group, LLC will provide written reports to clients on a periodic basis. We urge clients to compare these reports against the account statements they receive from their custodian. Item 14: Client Referrals and Other Compensation We do not receive any economic benefit, directly or indirectly from any third party for advice rendered to our clients. Nor do we directly or indirectly compensate any person who is not advisory personnel for client referrals. Item 15: Custody When it deducts fees directly from client accounts at a selected custodian, Powers Advisory Group, LLC will be deemed to have limited custody of client’s assets and must have written authorization from the client to do so. Clients will receive all account statements and billing invoices that are required in each jurisdiction, and they should carefully review those statements for accuracy. Clients should receive at least quarterly statements from the broker dealer, bank or other qualified custodian that holds and maintains client's investment assets. We urge you to carefully review such statements and compare such official custodial records to the account statements or reports that we may provide to you. Our statements or reports may vary from custodial statements based on accounting procedures, reporting dates, or valuation methodologies of certain securities. Custody is also disclosed in Form ADV because Powers Advisory Group, LLC has authority to transfer money from client account(s), which constitutes a standing letter or authorization (SLOA). Accordingly, Powers Advisory Group, LLC will follow the safeguards specified by the SEC rather than undergo an annual audit. Item 16: Investment Discretion 17  For those client accounts where we provide investment management services, we maintain discretion over client accounts with respect to securities to be bought and sold and the amount of securities to be bought and sold. Investment discretion is explained to clients in detail when an advisory relationship has commenced. At the start of the advisory relationship, the client will execute a Limited Power of Attorney which will grant our firm discretion over the account. Additionally, the discretionary relationship will be outlined in the advisory contract and signed by the client. Item 17: Voting Client Securities We do not vote Client proxies. Therefore, Clients maintain exclusive responsibility for: (1) voting proxies, and (2) acting on corporate actions pertaining to the Client’s investment assets. The Client shall instruct the Client’s qualified custodian to forward to the Client copies of all proxies and shareholder communications relating to the Client’s investment assets. If the client would like our opinion on a particular proxy vote, they may contact us at the number listed on the cover of this brochure. In most cases, you will receive proxy materials directly from the account custodian. However, in the event we were to receive any written or electronic proxy materials, we would forward them directly to you by mail, unless you have authorized our firm to contact you by electronic mail, in which case, we would forward you any electronic solicitation to vote proxies. Class Action Claims We provide class action litigation monitoring and securities claim filing services through an independent third party, Chicago Clearing Corporation ("CCC"). You are included in this service unless you choose to opt out. You may change your opt-out election at any time by notifying us in writing. If you participate in this service, CCC will retain a percentage of each claim recovery you receive. Because we are providing this service through CCC, we no longer monitor class action suits or process claim forms on your behalf (whether you participate in the service CCC provides or not). We are not responsible or liable for: (a) any assistance we provide to CCC concerning monitoring or processing class action claims or (b) any CCC act in monitoring or processing such claims. Item 18: Financial Information 18  Registered investment advisers are required in this Item to provide you with certain financial information or disclosures about our financial condition. We have no financial commitment that impairs our ability to meet contractual and fiduciary commitments to clients, and we have not been the subject of a bankruptcy proceeding. We do not have custody of client funds or securities or require or solicit prepayment of more than $1,200 in fees per client six months in advance. 19  Powers Advisory Group, LLC 2603 Plaza Drive, Highland, IL 62249 Form ADV Part 2B – Brochure Supplement For Matthew Powers Managing Partner and Investment Adviser Representative This brochure supplement provides information about Matthew Powers that supplements the Powers Advisory Group, LLC brochure. A copy of that brochure precedes this supplement. Please contact Matthew Powers if the Powers brochure is not included with this supplement or if you have any questions about the contents of this supplement. information about Matthew Powers is available on the SEC’s website at Additional www.adviserinfo.sec.gov. 20  Item 2: Educational Background and Business Experience Matthew Powers Born: 1979 Educational Background • 2002 – B.S. Business (CIS), Eastern Illinois University Business Experience • 06/2014 – Present, Powers Advisory Group, LLC, Managing Partner and Investment Adviser Representative • 06/2009 – 09/2014, Deschaine & Company, LLC, Vice President • 05/2006 – 07/2009, NFP Securities, Inc., Financial Advisor • 02/2005 – 06/2006, Citigroup Global Markets, Inc., Financial Advisor • 01/2003 – 03/2005, Edward D. Jones & Co., L.P., Financial Advisor Item 3: Disciplinary Information Matthew Powers has never been involved in an arbitration claim of any kind or been found liable in a civil, self-regulatory organization, or administrative proceeding. Item 4: Other Business Activities Matthew Powers is not involved with outside business activities. Item 5: Additional Compensation Matthew Powers does not receive any economic benefit from any person, company, or organization, in exchange for providing clients advisory services through Powers Advisory Group, LLC. 21  Item 6: Supervision As Managing Partner and Investment Adviser Representative of Powers Advisory Group, LLC, Matthew Powers works closely with Melissa Nehrt, Chief Compliance Officer and Director of Operations and all advice provided to clients is reviewed by either prior to implementation. Matthew Powers adheres to applicable regulations regarding the activities of an Investment Adviser Representative, together with all policies and procedures outlines in the firm’s code of ethics and compliance manuals. He may be contacted at the phone number on this brochure supplement. 22  Powers Advisory Group, LLC 2603 Plaza Drive, Highland, IL 62249 Form ADV Part 2B – Brochure Supplement For Richard George Ringwald Partner and Investment Adviser Representative This brochure supplement provides information about Richard George Ringwald that supplements the Powers Advisory Group, LLC brochure. A copy of that brochure precedes this supplement. Please contact Richard George Ringwald if the Powers brochure is not included with this supplement or if you have any questions about the contents of this supplement. Additional information about Richard George Ringwald is available on the SEC’s website at www.adviserinfo.sec.gov. 23  Item 2: Educational Background and Business Experience Richard George Ringwald Born: 1978 Educational Background • MBA Marketing, St Louis University - 2008 • Bachelor of Arts Economics & Finance, McKendree - 2001 Business Experience • 10/2017 – Present, Powers Advisory Group, LLC, Principal Owner and Investment Adviser Representative • 03/2015 – 10/2017, Commerce Bank, Commercial Banker • 05/2008 – 03/2015, Regions Financial, Banker • 08/2003 – 04/2008, Wells Fargo Financial, Branch Manager Item 3: Disciplinary Information There are no legal or disciplinary events that are material to a client’s or prospective client’s evaluation of this advisory business. Item 4: Other Business Activities Richard George Ringwald is not engaged in any investment-related business or occupation (other than this advisory firm). Item 5: Additional Compensation Richard George Ringwald does not receive any economic benefit from any person, company, or organization, other than Powers Advisory Group LLC in exchange for providing clients advisory services through Powers Advisory Group LLC. 24  Item 6: Supervision As a representative of Powers Advisory Group LLC, Richard George Ringwald is supervised by Melissa Nehrt, the firm's Chief Compliance Officer. Melissa Nehrt is responsible for ensuring that Richard George Ringwald adheres to all required regulations regarding the activities of an Investment Adviser Representative, as well as all policies and procedures outlined in the firm’s Code of Ethics and Compliance Manual. The phone number for Melissa Nehrt is (618) 654-6262. 25  Powers Advisory Group, LLC 2603 Plaza Drive, Highland, IL 62249 Form ADV Part 2B – Brochure Supplement For Nicholas Dale Rutz Investment Adviser Representative This brochure supplement provides information about Nicholas Dale Rutz that supplements the Powers Advisory Group LLC brochure. You should have received a copy of that brochure. Please contact Nicholas Dale Rutz if you did not receive Powers Advisory Group LLC’s brochure or if you have any questions about the contents of this supplement. Additional information about Nicholas Dale Rutz is also available on the SEC’s website at www.adviserinfo.sec.gov. 26  Item 2: Educational Background and Business Experience Nicholas Dale Rutz Born: 1980 Educational Background • Bachelor of Business Administration Finance, Southern Methodist University - 2002 Business Experience • 06/2023 – Present, Powers Advisory Group, LLC, Investment Adviser Representative • 12/2012 – Present, Siblings & Company LLC, Vice President • 01/2007 – 05/2023, Rutz Group II DBA Popeye's Chop House, General Manager Item 3: Disciplinary Information There are no legal or disciplinary events that are material to a client’s or prospective client’s evaluation of this advisory business. Item 4: Other Business Activities Nicholas Dale Rutz is an owner of Child Care Company and Real Estate Investment Company. From time to time, he may offer clients advice or products from those activities and clients should be aware that these services may involve a conflict of interest. Powers Advisory Group LLC always acts in the best interest of the client and clients always have the right to decide whether or not to utilize the services of any representative of Powers Advisory Group LLC in such individual’s outside capacities. Item 5: Additional Compensation Nicholas Dale Rutz does not receive any economic benefit from any person, company, or organization, other than Powers Advisory Group LLC in exchange for providing clients advisory services through Powers Advisory Group LLC. 27  Item 6: Supervision As a representative of Powers Advisory Group LLC, Nicholas Dale Rutz is supervised by Melissa Nehrt, the firm's Chief Compliance Officer. Melissa Nehrt is responsible for ensuring that Nicholas Dale Rutz adheres to all required regulations regarding the activities of an Investment Adviser Representative, as well as all policies and procedures outlined in the firm’s Code of Ethics and Compliance Manual. The phone number for Melissa Nehrt is (618) 654-6262. 28