Disclosures / Best Execution

Best Execution/Payment for Order Flow

The Securities and Exchange Commission, in Rule 11Ac-1-6, requires Investment Planners, Inc. to publicly report each quarter on its routing of non-directed orders in securities.

Order Routing Information

RBC Clearing & Custody (RBC CCS), a division of RBC Capital Markets Corporation — To read on online summary of Investment Planners, Inc. execution data for accounts held at RBC Clearing & Custody, click here.

Also, Investment Planners, Inc. must disclose information each quarter relating to execution practices, including:

• The relationship Investment Planners, Inc. has with the market centers to send orders. Investment Planners, Inc. fully discloses its securities business cleared through RBC Clearing & Custody.


• The market internalization or payment for order flow arrangements with the market centers. Investment Planners, Inc. receives no compensation for order flow from RBC Clearing & Custody or any market maker.