HARBOR ISLAND CAPITAL LLC

The advisory business is owned and supervised by Mr. Fortin. Clients can contact him with any concerns by calling the number on the brochure supplement. The company does not compensate anyone for client referrals, nor does it offer or receive sales awards or prizes for providing investment advice. All client accounts are held in custody by unaffiliated broker/dealers or banks. However, the company can access many client funds through its ability to debit advisory fees, making it considered to have custody of client assets. Account custodians send statements directly to account owners at least quarterly. Clients should review these statements carefully and compare them to any account information provided by the company.

The Company's investment decisions are based on internally generated research from various sources, including annual reports, prospectuses, SEC filings, corporate press releases, inspections of corporate activities, conversations with firms and competitors, financial newspapers, magazines, and other public sources. They may also use research material prepared by others. The Company conducts a qualitative assessment of the security, considering factors like the integrity and strategic vision of management, the firm's ability to execute its strategy, the attractiveness of the industry, and the potential for achieving acceptable returns for stakeholders. The Company's investment strategy is considered non-diversified, meaning it may invest a greater percentage of its assets in the securities of particular issuers. This strategy carries a non-diversification risk, where the performance could be disproportionately affected by the poor performance of a few stocks or even a single stock. Additionally, the Company's investment strategy is subject to stock market risk, which is the chance that stock prices overall will decline due to market cycles.

(Subscription Required)