INTEGRATED

PROFESSIONAL

FINANCIAL PLANNING,

INC.

Disclosure Statement Summary of Pan II of Form ADV

Integrated Professional Financial Planning, Inc. (IPFP) is registered as an Investment Advisor with the State of Ohio Department of Securities.

Integrated Professional Financial Planning, Inc. provides comprehensive financial planning, including analysis and recommendations in the areas of tax planning, retirement planning, children's education, estate planning, life and health insurance, business planning, as well as investments for individuals and small businesses.

Any implementation of these recommendations is entirely at the client's discretion.

The financial planning fee is negotiated with the client at the time of execution of the Agreement Letter. The fee is based on the magnitude and complexity of the task. This includes allowance for professional time (at $175.00 per hour) plus computer and technical assistance costs incurred on the client's behalf. If other professionals (such as attorneys, accountants, insurance specia1ists, etc.) are involved, their fees will be treated separately whether billed directly or through IPFP. Various other advisors are used occasionally for non- investment advisory work.

One half of the fee is payable immediately after execution of the written agreement between the client and the firm. The client may terminate the Agreement without penalty within ten business days from signing the Agreement. It may be terminated by either party giving ten business days written notice. If terminated by the client more than ten business days after signing the Agreement, any time spent or costs incurred by IPFP will be charged to the client. The balance of the fee will be billed to the client after the financial plan has been presented.

The Agreement will generally terminate 6 months after presentation of the written plan to the client.

The report generally includes financial statements indicating the client's current financial condition together with planning concepts designed to reduce taxes and to plan appropriately for estate disposition, settlement costs and liquidity needs. It is designed to help the client meet retirement goals, cash flow objectives, to find ways to hind educational expenses and to protect against the financial impact of premature death or disruption of earning capabilities. The report may include investment advice to help the client achieve his goals and suggests methods of obtaining or increasing financial independence.

IPFP generally provides investment recommendations regarding equity securities, including investment company securities. Such securities may include variable life insurance, variable annuities, mutual fund shares, partnerships investing in real estate, oil and gas interests and equipment leasing.

IPFP provides an additional fee-based service involving the selection and allocation of various mutual funds utilizing Charles Schwab & Company's One Source program and the service of Ibbotson Associates, Financial Analytics and Morningstar’s Principia Pro. The service is designed to select the proper investment asset class allocation for each client's desired rate of return and risk tolerance as defined by standard deviation. Mutual funds are proposed to clients as the investment vehicles for each asset class selected utilizing the screening services of Schwab and Morningstar.

Fees charged for this service are negotiable and range from a negotiated flat fee to an asset-based fee ranging from 0.1 - 1.0%. Fees can be paid directly by the client or through deductions from his or her account, usually on a quarterly basis. These fees are in addition to fees charged by the investment firms managing the Mutual Funds.

IPFP also receives asset-based referral fees from various money managers and broker dealers. Such fees are negotiated either directly from the money manager’s compensation or are negotiated with the client as an additional fee charged against their account or billed separately. Referral fees range from 0.1-0.5% of assets invested with the particular money manager. These fees are in addition to the fees charged by the investment and brokerage firms.

IPFP does not sell securities to or buy securities from any investment advisory client. IPFP does not effect securities transactions for compensation as broker or agent for any investment advisory client. However, some IPFP personnel are affiliated with certain retail broker/dealers, specifically: Lincoln Financial Advisory and Lincoln National Life Insurance Company. Should the services of such personnel and the corresponding broker/dealers be used, they would receive sales commissions there from.

IPFP does not sell insurance. However, some IPFP personnel are affiliated with various insurance companies. Should the client choose to purchase insurance through such persons, they would receive their usual commissions for their sales services.

IPFP does not analyze securities nor do we prepare any analysis or charting. We do

not prepare periodic publications relating to securities on a subscription basis. However, we do use commercially available services concerning investments and taxation, as well as numerous financial newspapers and periodicals, and issuer prepared information. Outside consultants may also be employed to provide additional expertise in certain situations.

On occasion, IPFP may be asked to perform services for clients of life insurance agents or agent of other broker/dealers. The fees charged by IPFP will include any solicitors fees paid to those agents by IPFP. Full disclosure is made to the client at the time of the referral.

Implementation of IPFP's recommendations may require services of other professionals, such as attorneys, accountants, tax counsel and others. We are neither authorized nor qualified to provide such services: we will be pleased to cooperate with professionals either provided by the client or with whom we are already familiar.

Summaries of the education and business backgrounds of the officers of IPFP follows: In the absence of any other advisor, one or more of the officers will serve as investment advisor(s).

Dennis P. Vitori, President. Mr. Vitori received his B S from Xavier University in Cincinnati. He has been in the financial planning field since 1974. He has counseled executives of many publicly traded corporations, including Armco, Mead, Carlisle, Chemed and Procter and Gamble. Mr. Vitori also works with closely held corporations, physicians and other individuals for the firm.

Roger L. Miller, CFP, Vice President. Mr. Miller received his BS from Miami University, Oxford, Ohio. The CFP (Certified Financial Planner) was awarded by the College for Financial Planning, Denver, Colorado. He has been in the financial planning field since 1974. He has counseled executives of many publicly traded corporations, including Cintas, Mead, and Procter and Gamble. Mr. Miller also works with closely held corporations, physicians and other individuals for the firm.

IPFP, Inc.

1046 Summit Dr.

Middletown, Ohio 45042

(513) 424-6300

FAX (513) 424-1156