Services We Provide ................................................................................. 6 Financial Planning Services ...................................................................... 6 Investment Management Services ............................................................ 7 Types of Engagements .............................................................................. 8 Limited Scope Consulting Engagements .................................................... 8 Wealth Management Engagements .......................................................... 8 Comprehensive Wealth Management Engagements .................................... 9 Family Office Service Engagements .......................................................... 9 Held Away Account Management .............................................................. 10 Assets Under Management ....................................................................... 11 Item 5 Fees and Compensation..................................................................... 12 Limited Scope Consulting Fees .................................................................. 12 Wealth Management Fees ........................................................................ 12 Comprehensive Wealth Management Fees .................................................. 12 Family Office Services Fees ....................................................................... 12 Payment of Fees ..................................................................................... 12 Held Away Management Fees ................................................................... 12 Termination of the Advisory Relationship ..................................................... 13 Limited Negotiability of Advisory Fees ........................................................ 13 Form ADV Part 2A Page 4 of 33 Rev. 03.2024 Mutual Fund and Exchange Traded Fund Fees .............................................. 13 Custodial Fees ........................................................................................ 14 Separately Managed Account Fees ............................................................. 14 Wrap Fee Programs ................................................................................. 14 Additional Fees and Expenses .................................................................... 15 Grandfathering of Account Requirements .................................................... 15 ERISA Accounts ...................................................................................... 15 Advisory Fees in General ........................................................................... 15 Limited Prepayment of Fees ...................................................................... 15 Item 6 Performance-Based Fees ................................................................... 16 Item 7 Types of Clients ................................................................................ 16 Item 8 Methods of Analysis, Investment Strategies and Risk of Loss .................... 17 Methods of Analysis ................................................................................. 17 Asset Allocation Analysis ........................................................................ 17 Fundamental Analysis. ........................................................................... 17 Mutual Fund and/or ETF Analysis. ............................................................ 17 Risks for All Forms of Analysis .................................................................... 18 Investment Strategies .............................................................................. 18 Long-term purchases. ........................................................................... 18 Option writing. ..................................................................................... 18 Asset Allocation ...................................................................................... 19 Important Notice ..................................................................................... 20 Item 9 Disciplinary Information ..................................................................... 21 Item 10 Other Financial Industry Activities and Affiliations ................................. 21 Item 11 Code of Ethics, Participation or Interest in Client Transactions and Personal Trading ..................................................................................................... 22 Code of Ethics ........................................................................................ 22 Standards of Conduct ............................................................................ 22 Policies ............................................................................................... 22 Participation or Interest in Client Transactions .............................................. 22 Personal Trading ..................................................................................... 22 Item 12 Brokerage Practices ......................................................................... 24 Form ADV Part 2A Page 5 of 33 Rev. 03.2024 The Custodian and Broker We Use .............................................................. 24 How we Select Brokers/Custodians ............................................................ 24 Your Brokerage and Custody Costs ............................................................. 25 Products and Services Available to Us from Schwab ...................................... 25 Services that Directly Benefit You ............................................................ 26 Services that May Not Directly Benefit You ................................................ 26 Services that Generally Benefit Only Us..................................................... 26 Our Interest in Schwab’s Services ............................................................... 27 Item 13 Review of Accounts ......................................................................... 28 Portfolio Review Process .......................................................................... 28 Planning/Consulting Review Process .......................................................... 29 Quarterly Portfolio Reports ....................................................................... 29 Item 14 Client Referrals and Other Compensation ............................................ 30 Other Compensation ................................................................................ 30 Client Referrals ....................................................................................... 30 Item 15 Custody ......................................................................................... 31 Item 16 Investment Discretion ...................................................................... 32 Item 17 Voting Client Securities .....................................................................

32 Item 18 Financial Information ....................................................................... 33 Form ADV Part 2A Page 6 of 33 Rev. 03.2024 Services We Provide Seneschal Advisors, LLC DBA Seneschal Family Office is in the business of providing personal financial planning and investment management services. In May 2004 we started business as Jon M. Duncan, CFP®, LLC. Later, in September 2006, we changed our name to Seneschal Advisors, LLC. In July 2023, we began doing business under the registered trade name of Seneschal Family Office. The owners of Seneschal Advisors, LLC DBA Seneschal Family Office as of December 31, 2023, are Jeffrey M. Lang, Candace E. Duecker, Tania P. Kaarvand, and Jon M. Duncan. Seneschal Family Office is a fee-only financial planning and investment management firm. Our sole source of compensation is received in the form of advisory fees paid by our clients. We do not receive any commissions or other fees related to the sale of annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned financial products. Moreover, the firm is not affiliated with any persons or other businesses that sell financial products or securities. Financial Planning Services Financial planning is the process of comprehensively evaluating a client’s current and future financial position, using currently known variables to project future cash flows, asset values and withdrawal plans. Our Wealth Advisors are CERTIFIED FINANCIAL PLANNERTM professionals required to adhere to a specific financial planning process as it relates to the unique needs of each client they serve. Through the financial planning process, all questions, information and analysis are considered as they may impact, or could be impacted, by the entire financial and life situation of the client. Clients purchasing our financial planning services will receive a written report providing a detailed financial plan designed to assist them in achieving long-term financial goals and objectives. Since each client is different, the services we provide will vary from client to client. In the same way, our advice will vary from client to client. Depending upon your needs and circumstances, our advice may cover some or all of the following financial planning subject areas. The Client and Wealth Advisor will work together to determine specific areas to cover. These areas may include, but are not limited to the following:
• Cash Flow, Debt Management, and Liquidity Planning
• Risk Management and Insurance
• Education Planning
• Retirement and Financial Independence Planning
• Estate Planning
• Investment Analysis and Planning
• Integrated Tax and Financial Planning Form ADV Part 2A Page 7 of 33 Rev. 03.2024 In general, our financial planning process includes:
• Meeting with you to clarify your financial and life goals and establishing a mutually agreeable work plan and fee.
• Determining the data required to do our work and providing you with a list of documents and other details we will need to gather for your financial plan.
• Preparing a Preliminary Analysis of your current financial situation, including the preparation of financial statements and a review of family records, budgeting and cash flow, and personal liabilities. We may also review estate planning and legal documents, employee benefits, insurance policies, and tax returns. We may also evaluate the impact of disability and long-term care on achieving your goals.
• Meeting with you to review our Preliminary Analysis and providing you an opportunity to reassess your goals as necessary and identify planning areas most in need of your attention.
• Performing a Detailed Analysis of alternative planning strategies that can highlight options available to you and potentially increase the probability of success in reaching your goals.
• Discussing our recommendations with you.
• Preparing a written financial planning report summarizing our analysis and recommendations.
• Assisting you in implementing our recommendations.
• Periodically monitoring your progress against your plan and updating your plan as needed. While we take a comprehensive approach to our planning services, there are some services that we are not able to provide. For example, we are not licensed or qualified to practice accounting, prepare tax returns, or provide legal advice. You will need to involve other qualified and licensed professionals to provide these services and, as a result, you may incur additional costs. While we would be pleased to assist you, implementation of financial planning recommendations is entirely at your discretion. Investment Management Services Investment advice is an integral part of the services that we provide. Our investment management services include:
• Developing a written Investment Policy Statement. Your Investment Policy Statement clearly states your investment objectives, time frame for investing, risk tolerance, liquidity needs, asset allocation strategy, specific constraints and preferences, and procedures for managing and periodically rebalancing your portfolio.
• As appropriate, we may also review and discuss your prior investment history, as well as family composition and background.
• Advising you on how to structure your portfolio. For example, based on your financial plan and risk tolerance we will recommend which asset classes to include in your portfolio and how much to invest in each.
• Evaluating and selecting investments to implement your asset allocation strategy. Form ADV Part 2A Page 8 of 33 Rev. 03.2024
• Establishing custodial accounts for you with a qualified custodian and directing trading on a discretionary basis.
• Monitoring your custodial account activity, cash level, and securities positions on a regular basis.
• Evaluating and reporting portfolio performance on a quarterly schedule.
• Buying and selling securities in your portfolio (sometimes referred to as “rebalancing”) as necessary to maintain compliance with your Investment Policy Statement. We tailor our investment management services to meet the needs and circumstances of each client. For example, you may wish to restrict investment in certain types of securities or asset classes. In drafting your Investment Policy Statement, we can incorporate any specific constraints, restrictions or preferences that you want us to observe in managing your investment portfolio. Some types of investments may involve certain additional degrees of risk. To the extent that such investments are recommended or used to implement your investment plan, we will only do so when suitable and consistent with your stated investment objectives, tolerance for risk, and liquidity needs. We review each client portfolio on a quarterly schedule, or more often, as needed. The objective of our review is to ensure that your portfolio is being managed in accordance with your Investment Policy Statement. We provide investment advice in regard to subaccounts inside certain annuities, but do not provide advice pertaining to the insurance portion of the product. Types of Engagements The scope of work, the fees to be charged, timing, and our respective responsibilities are clarified in writing for all engagements prior to engagement. You have the option to work with us in one of four ways: Limited Scope Consulting Engagements A Limited Scope Consulting engagement is generally focused on one or a few financial planning subject areas. We will meet with you prior to engagement to clarify your objectives, the scope of our work, fees, and we will provide you with a written agreement. Each limited scope engagement is tailored to address the specific needs and circumstances of the client. Services that may be discussed with you and quoted separately include strategic wealth planning, specialized wealth planning, family continuity planning, and other special projects. Investment advisory services, paid personal income tax filing fees, and administrative services are generally not offered at this service level. Wealth Management Engagements In a Wealth Management engagement, we assist you in developing an ongoing financial plan and managing your investments on an ongoing basis. As noted above (see “Financial Planning Services”), we help you to clarify your long-term financial planning goals in several subject areas, evaluate alternative strategies for achieving them, and then make Form ADV Part 2A Page 9 of 33 Rev. 03.2024 recommendations. In addition, we help you implement your plan by developing an investment policy statement, setting up brokerage accounts, and managing your investments on an ongoing discretionary basis in accordance with your investment policy (see “Investment Management Services” above). This level of engagement includes two wealth planning meetings per year that are initiated and scheduled by Seneschal Family Office, with additional meetings available to you as needed and requested by you. The scope of this service offering is limited to core strategic wealth planning and up to two other specialized wealth planning areas as designated by you and your adviser on an annual basis. It also includes administrative services and investment advisory services. Additional services that may be discussed with you and quoted separately include family continuity planning and other special projects. Paid personal income tax filing fees are generally not offered at this service level. Comprehensive Wealth Management Engagements In a Comprehensive Wealth Management engagement, we assist you in developing a comprehensive financial plan and managing your investments on an ongoing basis. As noted above (see “Financial Planning Services”), we help you to clarify your long-term financial planning goals in several subject areas, evaluate alternative strategies for achieving them, and then make recommendations. In addition, we help you implement your plan by developing an investment policy statement, setting up brokerage accounts, and managing your investments on an ongoing discretionary basis in accordance with your investment policy (see “Investment Management Services” above). This level of engagement includes three wealth planning meetings per year that are initiated and scheduled by Seneschal Family Office, with additional meetings available to you as needed and requested by you. Also included in this level of engagement are administrative services, investment advisory services, and strategic and specialized wealth planning encompassing all planning topics. Additional services that may be discussed with you and quoted separately include family continuity planning and special projects. Paid personal income tax filing fees are generally not offered at this service level. Family Office Services Engagements In a Family Office Services engagement, we assist you in developing a comprehensive financial plan and managing your investments on an ongoing basis. As noted above (see “Financial Planning Services”) we help you to clarify your long-term financial planning goals in several financial planning subject areas, evaluate alternative strategies for achieving them, and then make recommendations. In addition, we help you implement your plan by developing an investment policy statement, setting up brokerage accounts, and managing your investments on an ongoing discretionary basis in accordance with your investment policy (see “Investment Management Services” above). This level Form ADV Part 2A Page 10 of 33 Rev. 03.2024 of engagement includes four meetings (or more as requested by you) per year, and per household in the case of multi- household families. In addition, this level of engagement includes administrative services, investment advisory services, strategic and specialized wealth planning encompassing all planning topics, personal income tax filing fees up to $10,000, and family continuity planning. Special projects will be quoted separately. Use of Independent Managers Seneschal Family Office may select certain Independent Managers to actively manage a portion of its clients’ assets. The specific terms and conditions under which a client engages an Independent Manager may be set forth in a separate written agreement with the designated Independent Manager. In addition to this brochure, clients may also receive the written disclosure documents of the respective Independent Managers engaged to manage their assets. Seneschal Family Office evaluates a variety of information about Independent Managers, which includes the Independent Managers’ public disclosure documents, materials supplied by the Independent Managers themselves, and other third-party analyses it believes are reputable. To the extent possible, the Firm seeks to assess the Independent Managers’ investment strategies, past performance, and risk results in relation to its clients’ individual portfolio allocations and risk exposure. Seneschal Family Office also takes into consideration each Independent Manager’s management style, returns, reputation, financial strength, reporting, pricing, and research capabilities, among other factors. On an ongoing basis, the Firm monitors the performance of those accounts being managed by Independent Managers. Seneschal Family Office seeks to ensure the Independent Managers’ strategies and target allocations remain aligned with its clients’ investment objectives and overall best interests. Held Away Account Management Seneschal Family Office uses a third- party platform to facilitate management of held away assets including but not limited to: 401(k), 403(b), 401(a), HSA, VEBA, 414(h) and 457(b) and (f), with discretion or with prior Client approval, as agreed upon at the time of engagement. Clients may engage us for this additional service regardless of their engagement level for an additional fee. Seneschal Family Office is not considered to have custody of Client funds since our log-in access to effect trades on behalf of the client is unique to Seneschal Family Office, and we cannot disburse funds. Our authority is limited to rebalancing and submitting trade requests. Seneschal Family Office is not affiliated with the platform in any way and receives 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 the Client account(s) is connected to the platform, Adviser will review the current account allocations. When deemed necessary, Adviser will rebalance the account considering client investment goals and risk Form ADV Part 2A Page 11 of 33 Rev. 03.2024 tolerance, and any change in allocations will consider current economic and market trends. The goal is to improve account performance over time, minimize loss during difficult markets, and manage internal fees that harm account performance. Client account(s) will be reviewed at least annually, and allocation changes will be made as deemed necessary. Assets Under Management The following table summarizes the total assets managed and supervised by Seneschal Advisors, LLC DBA Seneschal Family Office as of December 31, 2023: Assets Under Management (Discretionary) $244,646,831 Assets Under Management (Non-Discretionary) $0 Total Assets Under Management $244,646,831 Form ADV Part 2A Page 12 of 33 Rev. 03.2024