How to Value a Moat (Full Version)

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FIELDER CAPITAL GROUP LLC

1222 DEMONBREUN ST, STE 1610

NASHVILLE, TENNESSEE 37203

212.918.4844

Form ADV Part 3: Relationship Summary

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*Information as of June 30, 2025. The reference to “assets” means regulatory Assets Under Management. The Worth rating is compiled by Worth Media Group in collaboration with Institutional Shareholder Services (ISS) and was awarded in May 2024. The USA Today rating is compiled USA Today in collaboration with Statista, Inc. and was awarded in April 2025. Both rankings are based on information from advisers’ most recent SEC filings among other factors. For more information on Worth’s selection criteria, see its methodology HERE. For more information on USA Today’s selection criteria, see its methodology HERE. Third-party awards, rankings, and recognitions are no guarantee that a client or prospective client will experience a certain level of results or investment success if Fielder Capital Group (“Fielder”) is engaged, or continues to be engaged, to provide investment advisory services. Such ratings are not an endorsement of the advisor by any client or prospective client, nor should they be interpreted as representative of any one client’s experience since these ratings may merely reflect a sample of all of the experiences of Fielder’s clients. Rankings published by magazines and others are often based on quantitative factors and information prepared by the recognized advisor. Fielder never pays a fee to obtain any ranking or recognition but pays a fee to use the Worth and USA Today ratings in the form of purchasing plaques or reprints to publicize rankings.

Please see important disclosures in Fielder’s Form ADV Part 2A Disclosure Brochure and Part 2B Brochure Supplement.

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